IRENA’s Innovation Landscape report highlights innovations in market designthat encourage flexibility, stimulate new business opportunities, and provide the value-adding services needed in a renewable-based power energy system.
These are further explored in sets of briefs addressing key aspects of the power sector:
New regulations in the wholesale markets encourage flexibility by market participants, better signal the value of power supply, and properly remunerate grid support services.
- Increasing time granularity in electricity markets
- Increasing space granularity in electricity markets
- Innovative ancillary services
- Re-designing capacity markets
- Regional markets
Design and regulatory changes in the retail market stimulate flexibility on the consumer / prosumer side.
See the main Innovation Landscape report.