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.
This Workshop will look at the opportunities for streamlining and simplifying the EU network regulatory framework, at the most effective…
The aim of the policy dialogue is to facilitate international carbon market cooperation between the EU and partner jurisdictions on…
In this workshop, participants will explore the main concepts of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT)…
To meet, discuss and learn in the channel that suits you best.