Growth in energy demand together with the expansion of variable renewables has significant implications for the future … electricity system. The increased volatility from growing intermittent production requires new sources of flexibility at a much … periods in order to avoid high cost capital investments in accommodating future peak capacity. Curtailable electricity …

Electricity wholesale markets are undergoing rapid transformation due to the increasing share of distributed and … variable renewable energy sources (vRES) penetrating the market. The increasing shares of stochastic wind generation bring …