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Balance management in multinational power markets

The main objective of the project was to design the scientific foundation for a framework for efficient, market-based balancing of power systems that can be implemented in multinational (‘regional’ in the wording of the European Commission) power markets.

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To support the main objective, the project had the following sub goals:

  • Identification of present balancing resources and estimation of balance costs in the Northern part of Europe.
  • Identification of the ‘solution space’: what goals would innovative balancing arrangements need to meet, what constraints (technical, economic, institutional or with respect to public policy) apply?
  • Analysis of alternative design frameworks for a multi control area balance market.
    Estimation of the balancing costs for different arrangements of a multi control area balancing market.
  • Support PhD work within 4 selected subjects
  • Policy advice: which institutional changes are necessary to realize such a market? Which decisions would need to be taken by whom? What additional information is necessary?

Balance Management List of publications

 Technical reports:

Papers and articles:

Project Steering Group:

  • Ove S. Grande, Sintef Energy Research
  • Lars Kristian Vormedal, Statnett
  • Thore Jarlset, NVE
  • Harald F. Sande, BKK
  • Rune B. Johansen, Statkraft
  • Arne Sæterdal, Sira Kvina    
  • Trygve Døble, Agder Energi
  • Frank Nobel, TenneT TSO B.V., NL
  • Rudi Hakvoort, TU Delft, NL
  • Gerard Doorman, NTNU
  •  Andreas Ehrenmann, GDF Suez

Key Factors

Project duration

2007 - 2011

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