Money and investment 19. 10. 2023
Content: The financial side of expanding renewable energy
Study materials: RES are now the cheapest source of electricity per unit of energy produced. Revisit how this happened and what factors behind it in the last part of the Agora's "Word on..." series (2018c, attached). That is a good news but as we know from the last week, integrating vRES into the system takes more than replacing one type of source with another. Learn more about the challenges that the current markets and vRES introduce to one another in this video by TU Denmark's Pierre Pinson.
Get ready: How do vRES affect the markets? How do they affect the conventional producers? How do the markets limit further deployment of vRES? What changes in the market design do we need to smoothen the transition?