Impact of flexibility service requirements on investment decisions and costs

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Title: Impact of flexibility service requirements on investment decisions and costs
Authors: O'Dwyer, CiaraFlynn, Damian
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Date: 18-Oct-2019
Online since: 2020-07-01T15:15:05Z
Abstract: New system services, required for the efficient operation of systems with high shares of variable renewable generation, will change the make up of future generation portfolios. Including these new system services within an investment model demonstrates a shift towards more flexible technologies. The resulting portfolios lead to reduced operating costs and CO2 emissions, and highlight the importance of clear long-term signals for investors.
Funding Details: European Commission Horizon 2020
Type of material: Conference Publication
Keywords: Renewable energyIntegration challengesFlexibility requirementsOperational costsInvestment models
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Language: en
Status of Item: Peer reviewed
Conference Details: The 18th International Workshop on Large-Scale Integration of Wind Power into Power Systems as well as on Transmission Networks for Offshore Wind Power Plants, Dublin, Ireland, 16-18 October 2019
Appears in Collections:Electrical and Electronic Engineering Research Collection

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