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emissions while improving grid efficiency and reliability. Additional challenges include supply/demand imbalances, transmission … market prices and reliability and can help balance the integration of intermittent renewable resources. In addition, these …
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The reliability of Critical Infrastructure is considered to be a fundamental expectation of modern societies. These … supporting infrastructure reliability under conditions of uncertainty and change has emerged as a critical capacity for systems … reliability through the lens of resilience from an organisation and system perspective using two recognised resilience …
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We develop an analytical model to derive the competitive market equilibrium for electricity spot and reserve markets … under stochastic demand and uncertain renewable electricity generation. We then derive the welfare-optimal provision of … growing share of renewable generation decreases the level of reliability as measured in energy not served. Additionally …
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