Low-carbon technology calls for comprehensive electricity-market redesign

Frontiers of Engineering Management - 2019
Yang Yu1
1Institute for Interdisciplinary Information Sciences, Tsinghua University, Beijing China

Tóm tắt

The energy transition also calls for electricity-market redesign. Low-carbon technologies will fundamentally reshape the electricity sector. The electricity generation and demand will be significantly unpredictable and uncontrollable thus require for a more sophisticated system operation to guarantee the grid stability and reliability. The higher difficulty induced by the green-technology penetration expose the electricity-market to a higher market-failure risk. Thus, the future low-carbon electricity-market and associated regulation scheme require a comprehensive new design.

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Frontiers of Engineering Management

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