This seminar explores how electricity markets respond to both algorithmic interactions and consumer behavior. The first talk examines the Dutch real-time balancing market, showing that interactions between TenneT’s aFRR adjustments and market participant responses amplify imbalances, creating hour-long cycles by 2024. The second talk analyzes household responses to real-time pricing and peak demand charges in Flanders, demonstrating how these behaviors — especially among electric vehicle owners — reshape local grid peaks and efficiency. Together, the presentations highlight how market design and consumer responses can create unintended feedback loops in modern electricity systems, with implications for grid stability and investment planning.
Extra time is reserved for interaction and discussion, and the session welcomes participants from outside CPB, fostering cross-institutional exchange.
Sprekers
- Reyer Gerlagh,
- Marten Ovaere
Locatie
Bezuidenhoutseweg 30,2594 AV Den Haag