{"id":6296,"date":"2026-07-17T16:17:57","date_gmt":"2026-07-17T15:17:57","guid":{"rendered":"https:\/\/neon.energy\/?page_id=6296"},"modified":"2026-07-21T12:59:19","modified_gmt":"2026-07-21T11:59:19","slug":"intraday-regelleistung","status":"publish","type":"page","link":"https:\/\/neon.energy\/en\/intraday-regelleistung\/","title":{"rendered":"Intraday balancing energy"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;7\/12&#8243;][vc_column_text]<\/p>\n<h2 style=\"margin-bottom: 35px;\">Intraday balancing energy<\/h2>\n<p style=\"margin-bottom: 35px;\">Client: multi client<br \/>\nNeon team: Jonathan M\u00fchlenpfordt<br \/>\nPublished: 2021<\/p>\n<p>Short-term electricity trading is crucial for system stability, particularly in markets where wind and solar provide the bulk of energy. While much market information is public, the activation of balancing reserves is known in real time only to those providing the reserves \u2014 an information edge in wholesale trading. For five German trading houses, collectively providing market access to well over 10 GW of renewable capacity, we analyzed all 80 million transactions on the EPEX intraday platform and all 50 million aFRR and mFRR activations of 2020\u201321 in minute-resolution regressions. The result: reserve activation is reliably followed by systematic, highly significant price movements in all products delivering within the following two hours. This report was originally published in German.<br \/>\n[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_column_text]<br \/>\n<img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/neon-energie.de\/wp-content\/uploads\/Hirth-300x239.png\" width=\"200\" \/><br \/>\nProf. Dr. Lion Hirth<br \/>\n<a href=\"mailto:hirth@neon.energy\">hirth@neon.energy<\/a><br \/>\n<a href=\"tel:+4915755199715\">+49 157 55 199 715<\/a><br \/>\n[\/vc_column_text][\/vc_column][\/vc_row]<br \/>\n[vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<br \/>\n<strong>Report<\/strong><br \/>\n<a href=\"https:\/\/neon.energy\/reports\/Neon-Intraday-Regelleistung-EN.pdf\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/neon.energy\/reports\/Neon-Intraday-Regelleistung-EN-Thumb.webp\" width=\"280\" style=\"border: 1px solid #666666;\" \/><\/a><br \/>\n[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]<br \/>\n<strong>Related work<\/strong><br \/>\n<a href=\"https:\/\/neon.energy\/en\/bewirtschaftungsentgelt\/\">Management premium<\/a><br \/>\n<a href=\"https:\/\/neon.energy\/en\/systemstuetzende-bilanzkreis-bewirtschaftung\/\">Passive balancing<\/a><br \/>\n<a href=\"https:\/\/neon.energy\/en\/nf-sdl\/\">Procurement of ancillary services<\/a><br \/>\n<a href=\"https:\/\/neon.energy\/en\/courses\/\">Electricity Markets<\/a><br \/>\n<a href=\"https:\/\/neon.energy\/en\/balancing\/\">Balancing<\/a><br \/>\n[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;7\/12&#8243;][vc_column_text] Intraday balancing energy Client: multi client Neon team: Jonathan M\u00fchlenpfordt Published: 2021 Short-term electricity trading is crucial for system stability, particularly in markets where<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":14,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-6296","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/6296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/comments?post=6296"}],"version-history":[{"count":3,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/6296\/revisions"}],"predecessor-version":[{"id":6512,"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/pages\/6296\/revisions\/6512"}],"wp:attachment":[{"href":"https:\/\/neon.energy\/en\/wp-json\/wp\/v2\/media?parent=6296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}