Allocating wind farms across different locations in different countries may reduce the variability of hourly wind power changes. Taking into account cross-border transmission-capacity constraints between countries can however decrease the effect of this diversification. A portfolio-theory-based...

The capacity credit is often erroneously considered to be a time-invariant quantity. A multi-year analysis of the incident wind profile of various potential wind sites uncovered that there exist large differences between annual capacity credit figures. The uniformity of these capacity credit...

Due to the growing concern for global warming, the EU25 have implemented the European Union Greenhouse Gas Emission Trading Scheme (EU ETS). In the first trading period (2005–2007), part of the targeted GHG emission reductions presumably will have to result from a switch from coal fired...

Nowadays, the European electricity systems are evolving towards a generation mix that is more decentralised, less predictable and less flexible to operate. In this context, additional flexibility is expected to be provided by the demand side. Thus, how to engage consumers to participate in...

The gas-balancing mechanism makes up the interface between the users of the network and the transmission-system operator. The latter is responsible for the reliable and efficient operation of the network, whereas the former actually cause imbalances in the system. To deal with these imbalances...