Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience.
Author: Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.
Pages/Volumes: 142 pp.
Publication Year: 2012
Notes: For summary report see NREL/TP-6A00-53730..
Document Type: Research Report
NTIS/GPO Number: 1041369
Subject Code Description: Energy Analysis
Abstract: Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.
Accession Number: 53732
Library Notes: NPL-1204 REV
Report Numbers: TP-6A20-53732
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