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Table 6 Reserve activation role implementation for FCR submarket (data from Fatras et al. 2022b; Energinet 2019))

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

 

Parameters and agents for role implementation

FCR submarket

P_Role parameters

Activation_speed

30 s

Symmetric_activation

Yes

Average_response_duration

15 min

Automatic_activation

Yes

Information_exchange_frequency

1 s

Agents

Connect_Balancing_Service_Provider

Large-Scale Consumer

Connect_Market_Regulator

Danish Utility Regulator