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...

A number of renewable electricity technologies, such as wind, wave, tidal, solar, and run-of-river hydro share a characteristic that distinguishes them from conventional power plants: their output varies according to the availability of the resource. This is commonly perceived to be challenging...

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...

Mit der wirtschaftlichen Transformation ändert sich die Struktur des Energieverbrauchs: Der Anteil der Industrie nimmt, trotz hoher Energieintensität, ab, der Anteil der Haushalte steigt. Der Gesamtenergieverbrauch sinkt und wird nicht vor dem Jahr 2000 das Niveau von 1990 erreichen. Die...