A power system based on renewable energy needs flexibility to balance demand and supply. Storing electricity is one way of providing flexibility to the system. Electrical storage can be defined as any device that can store electrical energy and make it available when required.
Read moreThe reader is guided through the sequence of electricity markets in place in the EU: forward markets, the day-ahead market, the intraday market and finally the balancing markets.
Read moreThe growing deployment of renewables has set in motion a global energy transformation with significant implications for geopolitics.
Read moreThe so-called death spiral is not necessarily a result of disruptive competition from resources at the customer side of the meter, but from the inherent design of rate structures. This article highlights the value of the grid as a call option for consumers and suggests rate design as a cure.
Read moreClassical grey areas since the start of the internal market Leonardo Meeus and Pradyumna Bhagwat In this chapter we explore the border between the grid and the market by revisiting three power system debates.
Read moreThis report is the fourth in a series of biennial assessments of the global off-grid solar market undertaken by the World Bank Group through its Lighting Global Program.
Read moreRenewable energy auctions have emerged as an important mechanism to drive the adoption of renewable sources for power generation.
Read moreChina Power System Transformation has a two-fold objective. First, it provides a summary of the state of play of Power System Transformation (PST) in the People's Republic of China ("China") as well as a comprehensive discussion of PST internationally.
Read moreAcross the world, change is accelerating in power systems driven by the advent of low-cost, abundant wind and solar energy, the rise of distributed energy resources and increasing digitalization. These factors are leading to a structural shift in the way power systems are best planned and operated. In particular, they call for increased flexibility of power systems.
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