Module 3: Intra-day and balancing markets
Renewables in Electricity Markets · module 3 of 10
The journey through electricity markets continues with a focus on intra-day and balancing market mechanisms, to close the gap between schedules obtained after the clearing of day-ahead markets and the real-time operation of the power system.
This module covers:
- From day-ahead market clearing to physical operation
- The intra-day market
- Definition of imbalances
- Balancing markets and their operation
- Settlement principles (one-price vs. two-price)