Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers’ inability to control demand, means that consumer behaviour is not reflected...

Electric power in OECD countries is mostly produced by large central generating stations, then transmitted along high voltage lines to local distribution systems that carry it to final consumers. Distributed generation plants are different. They produce power on an electricity consumer’s own...

Producing electricity from renewable energy sources has undeniable appeal, both for environmental reasons and for reducing our dependence on fossil fuels. This book assesses the outlook for six leading renewable energy technologies: small hydro power, solar photovoltaic, concentrating solar...

The report shows how China, already the world’s largest wind market, could reach 1,000 GW of wind power by the middle of the century, an achievement that would reduce carbon dioxide emissions by 1.5 gigatonnes per year, or roughly equivalent to the combined CO2 emissions of Germany, France and...

Wind energy is perhaps the most advanced of the “new” renewable energy technologies, but there is still much work to be done. This energy technology roadmap identifies the key tasks that must be undertaken in order to achieve a vision of over 2 000 GW of wind energy capacity by 2050....

Achieving net zero emissions by 2050 will require a significant reduction in electricity sector emissions, with around half of these coming from systems that currently have liberalised electricity markets. In order to support a rapid decarbonisation of power systems, the design of these markets...