Sharing of reserves definition

Sharing of reserves means a mechanism in which more than one TSO takes the same reserve capacity, being FCR, FRR or RR, into account to fulfil their respective reserve requirements resulting from their reserve dimensioning processes;

Sharing of reserves means a mechanism in which more than one TSO takes the same

Sharing of reserves means a mechanism in which more than one TSO takes the same reserve capacity, being FCR, FRR or RR, into account to fulfil their respective reserve requirements resulting from their reserve dimensioning processes [SO GL] • since TSOs not always use their maximum procured capacity simultaneously, TSOs can share their reserves, reduce the total amount of balancing capacity within the two areas and save procurement costsTSO's procurement of balancing capacity Available CZC is a scarce resource and EB GL allows competition for CZC between SDAC and balancing capacity procurement. The correct allocation of CZC for balancing shall be based on a CZCA Optimisation Function (CZCAOF) The CBA calculates the market value of CZC [EB GL Art. 39] for day ahead market coupling and compares it with the calculated market value of CZC for the exchange of balancing capacity or sharing of reserves. CZC may be allocated for the exchange of balancing capacity or sharing of reserves if: > How to decide to allocate CZC for balancing Objective function for allocation of CZC:Maximisation of welfare surplus of the sum of the BC market and the SDAC Welfare surplus SDAC:Marginal value of CZC for balancing capacity [€/MW]• producer rent, consumer rent andMarginal value of CZC for trading [€/MW]• congestion income andWelfare surplus balancing capacity: Under pay-as-bid for BC:• consumer rent, and• if applicable congestion income Under pay-as-cleared for BC:• producer rent, consumer rent and Total available transmission capacity [MW]CZCA Optimisation Function Title IV

Examples of Sharing of reserves in a sentence

• Sharing of reserves between control areas in the Nordic LFC Block, while respecting the responsibility of each control area for operational security.

• Sharing of reserves means in the example that TSO A allows TSO B to let activate 50 MW of reserves through TSO A in control area A.

• Sharing of reserves was one of the principles utilized in 2002-2003 when Nordic countries had an energy deficiency (N-H.

• Exchange of balancing capacity between balancing areas may lead to a geographical location of the balancing capacity that differs from the dimensioning results for each area. Sharing of reserves which refers to a mechanism in which more than one TSO takes the same reserve capacity, being FRR or RR, into account to fulfil their respective reserve requirements resulting from their reserve dimensioning processes.

• Sharing of reserves between control areas, while respecting the responsi- bility of each control area for operational security.

• Exchange of balancing capacity between balancing areas may lead to a geographical location of the balancing capacity that differs from the dimensioning results for each area.• Sharing of reserves which refers to a mechanism in which more than one TSO takes the same reserve capacity, being FRR or RR, into account to fulfil their respective reserve requirements resulting from their reserve dimensioning processes.