21 March 2013, Dublin
In more and more regions the contribution of renewable energy is having significant impact on the electricity system. The energy transition is now getting tangible, but is often accomplished with growing pains.
Many countries face challenges in adjusting to the next step in the deployment of electricity from renewable energy sources (RES-E), particularly in the design of policy instruments, energy markets and regulation – and their interplay. With substantial shares of RES-E the operation and efficiency of current electricity market structures will be affected. Policy instruments can help to optimise system performance.
Potential issues include: RES-E curtailments; conventional power generation capacity pushed out of the market due to RES-E priority feed-in; market price mechanisms at times becoming obsolete when prices are at zero marginal costs; RES-E support schemes designed for initial uptake rather than for mature markets; etc.
Policy measures are required to continue promoting investment in RES-E but to also promote and reward investment in grid reinforcement and flexibility resources, e.g. through the use of locational marginal pricing and capacity markets.
In light of these challenges, IEA-RETD has commissioned a study “Next generation for RES-E policy instruments (RES-E-NEXT)” with the overall objective to provide an overview, analysis and contribution to the development of next generation RES-E policy instruments in the context of changing electricity systems and markets with high shares of RES-E.
This study will contribute to the discussion on how policies can support the rapid transition towards energy systems with high shares of renewables in an efficient, secure, sustainable and affordable way. The workshop forms part of the consultation and communication activities of the project where participants are invited to feed into the final version of the report.
The project is undertaken by a consortium of the National Renewable Energy Laboratory (NREL, US) and Ecar Limited (Ireland).
21 March 2013, Dublin
The workshop aims to:
- Present the preliminary findings of the study.
- Discuss findings with policy makers, the research community and other stakeholders
- Seek input and feedback that will be used in drafting the final report.
The workshop with the preliminary findings will take place on March 21 in Dublin,
Ireland. The agenda can be found here. If you are interested in
participating, please send an email to firstname.lastname@example.org
Presentations and meeting minutes shall be uploaded as soon as possible.
Due to technical issues the live broadcast didn’t work, our apologies.