Forecasting and Market Design Advances: Supporting an Increasing Share of Renewable Energy

Fox, Jack; Ela, Erik; Hobbs, Ben; Sharp, Justin; Novacheck, Josh; Motley, Amber; Bessa, Ricardo J.; Pinson, Pierre; Kariniotakis, Georges

doi:10.1109/MPE.2021.3104132

Forecasting and Market Design Advances: Supporting an Increasing Share of Renewable Energy

Journal Article · 28 October 2021 · IEEE Power & Energy Magazine

DOI:https://doi.org/10.1109/MPE.2021.3104132· OSTI ID:1834044

Fox, Jack; Ela, Erik; Hobbs, Ben; Sharp, Justin; Novacheck, Josh; Motley, Amber; Bessa, Ricardo J.; Pinson, Pierre; Kariniotakis, Georges

Electricity systems around the world are decarbonizing, driven by reductions in the cost of renewable energy and encouraged by supportive regulatory policy. Electricity market designs are increasingly being tested to ensure that the bulk power system can deliver reliable, cost-effective energy to all consumers.

Research Organization:: National Renewable Energy Laboratory (NREL), Golden, CO (United States)

Sponsoring Organization:: USDOE Office of Energy Efficiency and Renewable Energy (EERE)

DOE Contract Number:: AC36-08GO28308

OSTI ID:: 1834044

Report Number(s):: NREL/JA-6A40-81590; MainId:82363; UUID:bfbae6c4-c03c-4cb5-a658-c1cbca786b90; MainAdminID:63385

Journal Information:: IEEE Power & Energy Magazine, Vol. 19, Issue 6

Country of Publication:: United States

Language:: English

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Related Subjects

ENERGY PLANNING, POLICY, AND ECONOMY
costs
electricity supply industry
forecasting
power system economics
power system reliability
reliability engineering
renewable energy sources

Forecasting and Market Design Advances: Supporting an Increasing Share of Renewable Energy

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