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Intermittent renewable energy sources, including solar and wind power, typically remain more expensive than conventional power sources. As a consequence, few intermittent power projects would have been deployed if specific policy instruments had not been implemented. Existing policy instruments...
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Distributed cogeneration has played a key role in the implementation of sustainable energy policies for three decades. However, increasing penetration levels of intermittent renewables is challenging that position. The paradigmatic case of West Denmark indicates that distributed operators are...
Persistent link: https://www.econbiz.de/10010572083
Few intermittent renewable power projects would have been deployed if specific policy instruments had not been implemented. Common policy instruments include the feed-in tariff, the feed-in premium and the quota system. Based on a numerical analysis, this paper shows that these specific policy...
Persistent link: https://www.econbiz.de/10011077693
We discuss at the European example how power market design evolves with increasing shares of intermittent renewables. Short-term markets and system operation have to accommodate for the different needs of renewable and conventional generation assets and flexibility options. This can be achieved...
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