Combined Heat and Power Plants’ Contribution of Balancing Services - Possibilities and Risks. A Case Study of a Latvian CHP Plant
With the increasing share of renewable energy sources in the energy system, an increased demand for stabilizing the grid frequency has grown, suggesting a future need for balancing services, such as manual Frequency Restoration Reserve (mFRR). A promising actor able to offer such balancing service is combined heat and power (CHP) plants due to their dispatchable power capabilities. This thesis aim