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Market designs for high levels of variable generation
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2014 (English)In: IEEE Power and Energy Society General Meeting, 2014, no OctoberConference paper, Published paper (Refereed)
Abstract [en]

Variable renewable generation is increasing in penetration in modern power systems, leading to higher variability in the supply and price of electricity as well as lower average spot prices. This raises new challenges, particularly in ensuring sufficient capacity and flexibility from conventional technologies. As the fixed costs and lifetimes of electricity generation investments are significant, designing markets and regulations which ensure efficient integration of renewable generation is a significant challenge. This panel presentation reviews the state of play in the USA and Europe with regard to these issues and considers new developments in both regions.

Place, publisher, year, edition, pages
2014. no October
Keyword [en]
capacity, flexibility, power markets, wind energy, Commerce, Costs, Investments, Wind power, Electricity generation, Fixed cost, Lower average, Market design, Renewable generation, Variable generations
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
Identifiers
URN: urn:nbn:se:kth:diva-175123DOI: 10.1109/PESGM.2014.6939455Scopus ID: 2-s2.0-84930989628OAI: oai:DiVA.org:kth-175123DiVA: diva2:876477
Conference
2014 IEEE Power and Energy Society General Meeting, 27 July 2014 through 31 July 2014
Note

QC 20151203

Available from: 2015-12-03 Created: 2015-10-09 Last updated: 2015-12-03Bibliographically approved

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Söder, Lennart

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