Policy concerns about price volatility, seasonal storage, and shocks go hand in hand when considering the transformation to a decarbonized energy system. Will price volatility in decarbonized energy systems be greater than today due to Variable Renewable Energy (VRE)? Even if battery storage is cheap, will we still need other types of energy storage to meet climate-neutrality objectives? If we do not have perfect foresight, which situation is preferred to deal with shocks in times of VRE drought: being underprepared or overprepared? We revisit these policy concerns in the academic literature and advance a stylized model to reveal additional interesting insights.
In this online event hosted by Leonardo Meeus we will discuss these policy concerns and the potential implications for policymakers.
Securing Europe’s Energy Future: Join us for the first instalment of this quarterly theme in the FSR Insights series Sebastian…
Join us for the second instalment of the FSR Insights series’ quarterly theme “Securing Europe’s Energy Future” Kian Mintz-Woo from…
Following the success of the first edition, we are delighted to announce the 2nd FSR Alumni Day. This event will…
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