Eicke, Anselm; Ruhnau, Oliver; Hirth, Lion - 2021
equilibrium price (imbalance price) and quantity (system imbalance) are determined by supply and demand. System operators supply … imbalance energy by activating reserves; market parties that, deliberately or not, deviate from schedules create a demand for … imbalance energy. The incentives for deliberate strategic deviations emerge from wholesale market prices and the imbalance price …