Summary:
The development of a more competition-oriented and less concentrated market structure in France is colliding with the functioning of the balancing market. The authors offer a proposal to improve the balancing market system, with a view to achieving a more flexible, transparent, and competitive structure, which in turn should lead to more efficient and cheaper service, without compromising the bedrock need to maintain system security.
DOI reference:
https://doi.org/10.1016/j.tej.2007.06.005
Published on paper: July 2007.
Published on-line: July 2007.
Citation:
C. Batlle, C. Vázquez, J. Barquín, The balancing market maker: A tool to enhance liquidity in the French balancing mechanism. The Electricity Journal. Vol. 20, nº. 6, pp. 76 - 86, July 2007. [Online: July 2007]
