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Lecture
Electricity Market: Balancing and Liberalization
Description
This lecture covers the concepts of ancillary services, capacity market, and the liberalization of the electricity market at RTE. It explains the generation, transmission, and distribution of electricity, the different markets, and the frequency control mechanisms. The instructor discusses the importance of system balancing, the role of different actors in the power system, and the challenges related to peak demand and grid security.
Official source
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