The European Union (EU) has pledged to reduce greenhouse gas (GHG) emissions until the year 2030 by 55% compared to 1990. Recently, the EU institutions decided to introduce a new Emission Trading System for road transport, buildings and fuels for additional sectors (ETS2) in addition to the...

India, mainly powered by coal, has adopted ambitious renewable energy targets and currently considers a climate neutrality target for 2050. The rapid growth of solar PV power faces challenges due to its variable generation resulting in a decline in its economic value. In this paper, we evaluate...