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IRENA (2019), Innovation landscape brief: Increasing time granularity in electricity markets, International Renewable Energy Agency, Abu Dhabi.
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Market Design: Innovation Landscape briefs
Newsletter
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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:
Wholesale market
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
Retail market
Design and regulatory changes in the retail market stimulate flexibility on the consumer / prosumer side.
See the main Innovation Landscape report.