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Improving the Market for Flexibility in the Electricity Sector. Report of a CEPS Task Force. CEPS Task Force Report

Hassel, Arndt and Jansen, Jaap and Egenhofer, Christian. and Xu, Zheng (2017) Improving the Market for Flexibility in the Electricity Sector. Report of a CEPS Task Force. CEPS Task Force Report. [Policy Paper]

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    Abstract

    Electricity will play a greater role in the transport and building sectors and all decarbonisation scenarios point to the increasing electrification of the energy system. To reach EU climate change targets, however, electricity will need to come increasingly from low carbon sources, especially (but not only) from variable renewable energy sources. Both trends − the electrification of sectors and the need to integrate electricity from variable renewables − mean that the electricity sector should become more flexible. This report reflects the discussions held in the CEPS Energy Climate House Task Force on Creating a Market Design for Flexibility in EU Electricity Markets, which met between April and September 2017. The Task Force formulated a number of recommendations in the areas of short-term and balancing markets; grid reinforcement and cross-zonal capacity allocation; aggregation; priority dispatch; DSOs (distribution system operators); and sectoral integration.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy (Including international arena)
    EU policies and themes > Policies & related activities > environmental policy (including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Task Force Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 27 Oct 2017 11:54
    Number of Pages: 42
    Last Modified: 27 Oct 2017 11:54
    URI: http://aei.pitt.edu/id/eprint/92294

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