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most challenging economic and societal projects today. Electricity systems of the past were characterized by price …-inelastic demand and only a small number of large electricity generators. The transition towards intermittent renewable energy sources … changes this very paradigm. Future electricity systems will consist of many thousands of electricity generators and consumers …
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The linking of different jurisdictions or markets via electrical interconnection is a long established means of offering enhanced security of supply to the wider electrical system. In recent years, new incentives around exploiting market price differentials and facilitating the growth of...
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