Solution II: Flexible generation to accommodate variability
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This solution focuses on incentivising existing generation towards more flexible behaviour, for example from fast-responding pumped hydro storage or fast-ramping gas generation. This also involves remunerating non-flexible power plants to become flexible through technical upgrades. However, this solution is focused on market design innovation that remunerates generators’ flexibility. Read more
Impact on increased time granularity in the wholesale markets
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Hydrogen in the Gas Grid – Workshop 3 – Innovation
14 July 2022 |Virtual
IRENA is conducting a series of three workshops to explore the topics related to the use of the...
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05 July 2022 | Webinar
Every other week, presenters from one of IRENA’s teams – either alone or together with...
Offshore Renewables for a Global Blue Economy
28 June 2022 | Virtual
IRENA, together with the Governments’ of Denmark, Colombia and Costa Rica organised this side...