Abstract

Increasing share of renewables poses new challenges towards planning and operation of power systems all over the world, thereby, requiring new methods and tools. This article explains the value of balancing tool chain which encompasses operation of market and power system from day-ahead planning until the real-time dynamic simulation. The salient features for such a balancing tool chain is discussed in this article. A Balancing Tool Chain has been developed and validated based on balancing principles of Denmark and Europe. The efficacy of the balancing tool chain is demonstrated through very detailed case studies of massive penetration of offshore wind power in North Sea countries towards 2050. Using detailed case studies, recommendations are provided towards balancing of North Sea countries in terms of operational and balancing practices as well as dimensioning of reserves for future scenarios.