Today’s Solar Eclipse Secondary Control Reserve Power Tender – Average Capacity Prices 546.58/579.70 EUR/MW

The German transmission system operators today secured additional secondary control reserve ahead of Friday’s solar eclipse. Results published on regelleistung.net show average capacity prices from today’s tender for 20 March 2015 of 546.58 EUR/MW (negative secondary control reserve) and 579.70 EUR/MW (positive secondary control reserve). Marginal capacity prices were 1,189.90 EUR/MW for negative and 1,320.00 EUR/MW positive secondary control reserve.

Secondary control reserve can be activated within a 5 minute time period, with the time period per single incident lasting between 30 seconds and 15 minutes. Due to the upcoming solar eclipse, additional control reserve capacity was required, amounting to an additional 2,279 MW of negative secondary control reserve and 2,246 MW of positive secondary control reserve.

The energy prices for the awarded capacities range from 2.5 EUR/MWh to a 89,111 EUR/MWh for negative secondary control reserve and from 70 EUR/MWh and 87,631 EUR/MWh for positive secondary control reserve.

Just for comparison: the Phelix Day Base price for today was 36.44 EUR/MWh.

Source: regelleistung.net

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