Research Article

Potential Revenue from Reserve Market Participation in Wind Power- and Solar Power-Dominated Electricity Grids: The Near-Term, Mid-Term, and Long-Term

Table 8

Total reserve market size (M€/yr) for each region, transition time-point, and flexibility scenario.

M€/yrRef. 2020Near-termMid-termLong-term

LowFlexNordic+12620147
Brit1181185
Iberia410.40.21

HighFlexNordic+17121178
Brit1331492
Iberia420.40.02