Impact of Imbalance Pricing on Variable Renewable Energies with Different Prediction Accuracies: A Korean Case
Although the Korean government plans to increase its share of variable renewable energies (VREs), the Korean power market is not sufficiently mature to accommodate a large increase in VRE generation. Thus, the Korean system operator plans to introduce a two-settlement, and an imbalance settlement is...
Main Authors: | Heeseung Moon, Dongsu Lee, Jeongmin Han, Yongtae Yoon, Seungwan Kim |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-07-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/14/13/3976 |
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