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Table 5 Billing Agent role implementation for different submarkets (data from Energinet (2019); NordPool: NordPool Settlement 2022))

From: An agent-based modelling framework for the simulation of large-scale consumer participation in electricity market ecosystems

 

Parameters and agents for role implementation

Day-ahead submarket

Intraday submarket

FCR submarket

P_Role parameters

Billing_frequency

Daily

Daily

Weekly

Payment_deadline

D + 1 @ 11:00

D + 1 @ 11:00

No information found. Set to Monday at 12:00

Agents

Connect_Market_Operator

Self

Self

Self

Connect_Energy_Trader

Large-Scale Consumer

Large-Scale Consumer

Large-Scale Consumer