Flexibility-friendly support policies: A Nordic and Baltic perspective

Luis Rafael Boscán Flores, Klaus Skytte, Emilie Rosenlund Soysal

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

This paper introduces the concept of flexibilityfriendly support policies, i.e. state of-the-system-dependent subsidies given to producers of electricity who base their output on renewable energy sources (RES). Such policies increase with demand, decrease with the availability of Variable Renewable Energy (VRE) producers and, overall, follow the power system’s residual load. The paper presents a microeconomic framework to analyze this and other desirable properties of support mechanisms. To illustrate the concept, it uses the present-day policies of Nordic and Baltic countries (Denmark, Estonia, Finland, Latvia, Lithuania, Sweden and Norway) as a case study.
Original languageEnglish
Title of host publicationProceedings of the 14th International Conference on the Energy Market - EEM 2017
Number of pages7
Publication date2017
ISBN (Print)978-1-5090-5499-2
DOIs
Publication statusPublished - 2017
Externally publishedYes
Event14th International Conference on the European Energy Market - Dresden, Germany
Duration: 6. Jun 20179. Jun 2017
Conference number: 14

Conference

Conference14th International Conference on the European Energy Market
Number14
Country/TerritoryGermany
CityDresden
Period06/06/201709/06/2017

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