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eess.SY2026
Herd Behavior in Decentralized Balancing Models: A Case Study in Belgium
Max Bruninx, Seyed Soroush Karimi Madahi, Timothy Verstraeten +3
In a decentralized balancing model, Balance Responsible Parties (BRPs) are encouraged by the Transmission System Operator (TSO) to deviate from their schedule to help the system re…
eess.SY2025
Day-Ahead Bidding Strategies for Wind Farm Operators under a One-Price Balancing Scheme
Max Bruninx, Timothy Verstraeten, Jalal Kazempour +1
We study day-ahead bidding strategies for wind farm operators under a one-price balancing scheme, prevalent in European electricity markets. In this setting, the profit-maximising…