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Securing Power during the Transition: Generation Investment and Operation Issues in Electricity Markets with Low‐Carbon Policies

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  • Manuel Baritaud

    (International Energy Agency)

Abstract

At the October 2011 Governing Board Meeting at Ministerial Level, IEA member countries endorsed the IEA Electricity Security Action Plan (ESAP). The proposed electricity security work program reflects the challenge of maintaining electricity security while also seeking to rapidly reduce carbon dioxide emissions of the power systems. In particular, the large-scale deployment of renewables needed to meet low-carbon goals is technically feasible. However, it will lead to more volatile, real-time power flows, which will create new challenges for maintaining electricity security.

Suggested Citation

  • Manuel Baritaud, 2012. "Securing Power during the Transition: Generation Investment and Operation Issues in Electricity Markets with Low‐Carbon Policies," IEA Energy Papers 2012/13, OECD Publishing.
    • Handle: RePEc:oec:ieaaaa:2012/13-en
    DOI: 10.1787/5k3wb8fmsz6h-en
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    Cited by:

    1. Jean Michel Glachant & Arthur Henriot, 2013. "Melting-pots and salad bowls: the current debate on electricity market design for RES integration," Cambridge Working Papers in Economics 1354, Faculty of Economics, University of Cambridge.
    2. Subtil Lacerda, Juliana & van den Bergh, Jeroen C.J.M., 2020. "Effectiveness of an ‘open innovation’ approach in renewable energy: Empirical evidence from a survey on solar and wind power," Renewable and Sustainable Energy Reviews, Elsevier, vol. 118(C).
    3. Dominique Finon & Fabien Roques, 2013. "European Electricity Market Reforms: The "Visible Hand" of Public Coordination," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).

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