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Efficient renewables deployment requires the minimisation of both internal generation costs and external transmission expansion planning (TEP) costs. Competitive pay-as-bid connection auctions allow wind energy generators to reveal their costs of generation such that internal generation costs...
Persistent link: https://www.econbiz.de/10011416834
Power systems based on renewable energy sources (RES) are characterised by increasingly distributed, volatile and uncertain supply leading to growing requirements for flexibility. In this paper, we explore the role of demand response (DR) as a source of flexibility that is considered to become...
Persistent link: https://www.econbiz.de/10011795293
To elucidate the case for facilitating energy trading within peer-to-peer marketplaces, this paper proposes a new mechanism for forward selling renewable electricity generation. In this framework, a wind farm directly sells consumers a claim on their future generation in the form of a blockchain...
Persistent link: https://www.econbiz.de/10013405312
Persistent link: https://www.econbiz.de/10014328497