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

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

Research output: Contribution to journalArticle

4 Scopus Citations

Abstract

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.
Original languageAmerican English
Pages (from-to)77-85
Number of pages9
JournalIEEE Power and Energy Magazine
Volume19
Issue number6
DOIs
StatePublished - 2021

NREL Publication Number

  • NREL/JA-6A40-81590

Keywords

  • costs
  • electricity supply industry
  • forecasting
  • power system economics
  • power system reliability
  • reliability engineering
  • renewable energy sources

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