The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate...

The bulk electric power system in New England is fundamentally changing. The representation of nuclear, coal and oil generation facilities is set to dramatically fall, and natural gas, wind and solar facilities will come to fill their place. The introduction of variable energy resources (VERs)...

Solar and wind power are now cheaper than fossil fuels but are intermittent. The extra supply-side variability implies growing benefits of using real-time retail pricing (RTP). We evaluate the potential gains of RTP using a model that jointly solves investment, supply, storage, and demand to...

The potential to reschedule part of the electricity demand in energy systems is seen as a significant opportunity to improve the efficiency of the systems, especially on remote and isolated systems. From the supply point of view, that flexibility might bring significant improvements to the...

Demand side management (DSM) can be defined as modifications in the demand side energy consumption pattern to foster better efficiency and operations in electrical energy systems. DSM activities, which are classified into “energy efficiency (EE)” and “demand response (DR)” are becoming...