Conference Agenda 2024
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Presentation: Enhancing System Flexibility to Integrate Renewables and Decarbonise the Future Power System
08 Oct 2024
SUMMIT STREAM 2, LEVEL 1A, NOVEL 2
Energy Storage
Energy Transformation
Renewables
Decarbonisation is possible today with cost-competitive renewables, as solar and wind have become the cheapest electricity sources in over 90% of global markets due to significant cost reductions in the past decade. Integrating these renewables requires system flexibility to manage their intermittent nature, necessitating short-duration and seasonal balancing solutions. To support the energy transition, energy markets must be designed to incentivise flexibility and send the right signal for flexible capacity investments
Host Ministry
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Host Utilities
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