Archived

How will the operation of power markets change as the proportion of renewable generation increases?

Background

BEIS has committed to ending the UK’s contribution to global warming by achieving net zero
greenhouse gas emissions by 2050. Our work towards becoming a leader in green
technologies and clean energy will drive economic growth, all whilst accelerating global climate
action through strong international leadership. To achieve this, we need to better understand
the following research questions:

Next steps

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Source

This question was published as part of the set of ARIs in this document:

Beis areas research interest interim update 2020

Related UKRI funded projects

  • Mathematical foundations for energy networks: buffering, storage and transmission

    Electrical power grids are complex networked systems. Demand andsupply must be balanced on a minute-by-minute basis and there arelimited opportunities for large-scale storage. Further, flows innetworks are subject to the...

    Funded by: EPSRC

    Why might this be relevant?

    The project is relevant because it aims to develop mathematical techniques to address the challenges posed by the integration of renewable energy into the grid, which directly answers the question.

  • New Stream Generation Renewable Support Technology

    New Stream Generation Renewable Support Technology (RST) is a first of-its-kind technology that combines cutting-edge renewable generation forecasts with real time pricing and generation data for distribution system conn...

    Funded by: Innovate UK

    Why might this be relevant?

    The project focuses on optimizing the operation of renewable generation in power markets.

  • Renewable Energy Peak Output Demand Side Management - Project Footroom

    Flexitricty Ltd created and now operates the first, largest and most advanced smart grid system in the UK – bringing revenue to UK businesses, reducing national carbon dioxide emissions and helping to secure energy suppl...

    Funded by: Innovate UK

    Why might this be relevant?

    The project addresses balancing wind power generation with demand, which is related to the question.

  • SME to Renewable Generator Virtual Utility Platform

    TEM-ENERGY is unlocking direct renewable transactions for SME business. The proposed platform will provide a new way for businesses to transact and maintain an ongoing relationship with renewable generators directly. The...

    Funded by: Innovate UK

  • Local Energy Markets Modelling & Analysis (LEMMA): market and information systems structures to enable Local Energy Markets in the UK

    The LEMMA project develops a local electricity market such that domestic and commercial consumers and local generators of electricity may buy and sell energy between themselves and other energy supply businesses. The pro...

    Funded by: Innovate UK

  • Greater Manchester Local Energy Market

    "The Greater Manchester Local Energy market (LEM) project will test the feasibility of a GM region wide local energy market which responds to \`place-based' constraints and market needs. The key driver for the proj...

    Funded by: ISCF

  • The value of Interconnection in a Changing EU Electricity system

    Investing in new European interconnection capacity is one strategy to integrate renewables and nuclear power stations in the electricity systems of GB and Ireland, by maximising their value through exports and meeting de...

    Funded by: ISCF

  • Minute by Minute (MxM)

    Many businesses are deterred from installing renewable generation technologies such as solar PV or wind power, because the per-kWh prices for electricity export now offered by electricity supply companies are too low to ...

    Funded by: Innovate UK

  • BankEnergi - end to end software for energy trading

    Our project will focus on the development of a specification that the energy sector (end users, energy suppliers, traders, technology platform providers and associated ancillary services) can use to create an end-to-end ...

    Funded by: ISCF

  • Energy Revolution Research Consortium - Plus - EnergyREV - Market Design for Scaling up Local Clean Energy Systems

    Smart local energy systems offer the new opportunity to unlock valuable demand flexibility from owners of distributed energy technologies, such as electric vehicles, home batteries and heat-pumps. When combined with cons...

    Funded by: ISCF