ECOBAS Research Seminar: Javier López Prol – Yonsei University (South Korea)
‘Integrating variable renewables in electricity markets’
Friday, 8th of April at 13.00h (CET)
RECORDING OF THE SEMINAR
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More information about the speaker
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.
More information about the speaker
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.
