Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...

Although high investments need to be leveraged to increase the share of wind and solar energy generation, investment risk has not yet been integrated into commonly used approaches of renewable energy scenario development. However, to evaluate and reduce technological risk and associated...