DESCRIPTION:
This training module will explore the impact of a greater penetration of renewables on the electricity systems and markets. The module will start with a characterisation of the different types of renewable-based generation, in terms of their variability, predictability and dispatchability, as well as their cost structures. The technical characteristics of renewable-based generation will be used to assess the way in which its development impacts the electricity system and the effect on the residual load, with the resulting need for greater system flexibility. Moreover, the impact of the different locations of renewables with respect to conventional generation on the power flows on the system will be explored and the resulting issues (e.g. loop-flows) highlighted.
On the other hand, the economic characteristics of renewable-based generation will be used to assess the way in which their development affects electricity markets in their different designs. The module will also consider how to deal with excess renewable-based generation and how to ensure sufficient back-up capacity. The module will conclude by presenting a taxonomy of the different phases in the integration of renewable-based generation in developing and mature markets, as well as real-life examples of approaches to overcome grid-related and market-related challenges.