ECOBAS Research Seminar: Javier López Prol – Yonsei University (South Korea)

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ABSTRACT: Opposite to traditional dispatchable technologies, wind and solar have a variable generation pattern. Due to the particular characteristics of electricity markets, this variability poses challenges to their integration, such as the cannibalization effect (decline of their market value as penetration increases), and curtailment. I will review these problems by presenting their quantification for California, and discuss some of the potential solutions, focusing on the potential benefits of spatial integration and deployment coordination of renewable resources across countries.