Timothy Capper presented at the Energy Technology Partnership’s annual conference
3 December 2020
His presentation considered the effect of imbalance charges on participants in peer-to-peer electricity markets.
Imbalance charges are a means of penalising market participants who deviate from their predicted supply and demand of energy. Most models of peer-to-peer electricity markets neglect imbalance charges. Timothy’s presentation gave the results of a Monte Carlo simulation which assess how different imbalance charge regimes affect the profits of peer-to-peer market participants.
His results show that electricity market imbalance charges can have a significant effect on peer-to-peer market participants and therefore cannot be neglected in models.
Timothy's presentation can be viewed at the link below: