‪Design des marchés d’électricité pour l’intégration des renouvelables‪

Arthur Henriot and Jean-Michel Glachant

Revue d'économie industrielle, 2014, vol. n° 148, issue 4, 31-53

Abstract: ?This paper discusses a series of issues regarding the economic integration of intermittent renewables into European electricity markets. ? We argue that RES integration is first and foremost an issue of economic efficiency, and we review the main debates and frameworks that have emerged in the literature. We first consider to what extent intermittent resources should be treated the same way as dispatchable resources. We then analyse the different tools that have been proposed to ensure the required flexibility will be delivered: finer temporal granularity and new price boundaries, integration of a complex set of balancing markets, and introduction of tailor-made capacity remuneration mechanisms. Finally we introduce the topic of space redistribution, confronting cross-continental markets integration to the emergence of a mosaic of local markets.

Keywords: Renewable Energy; Electricity; Intermittent Market Design (search for similar items in EconPapers)
Date: 2014
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