Putting wind and solar in their place: internalising congestion and other system-wide costs with enhanced contracts for difference in Great Britain
The large-scale deployment of renewable energy assets can create system-wide costs due to the impact on congestion management and reserve provision, and may have a limited effect on carbon emissions if subject to curtailment. We show how the successful UK incentive scheme for renewable energy, terme...
Main Authors: | , , , |
---|---|
Format: | Journal article |
Language: | English |
Published: |
Elsevier
2022
|