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
    PublisherIEEE
    Publication date2017
    ISBN (Print)978-1-5090-5499-2
    DOIs
    Publication statusPublished - 2017
    Event14th International Conference on the European Energy Market - Dresden, Germany
    Duration: 6 Jun 20179 Jun 2017

    Conference

    Conference14th International Conference on the European Energy Market
    CountryGermany
    CityDresden
    Period06/06/201709/06/2017

    Cite this

    Boscán Flores, L. R., Skytte, K., & Soysal, E. R. (2017). Flexibility-friendly support policies: A Nordic and Baltic perspective. In Proceedings of the 14th International Conference on the Energy Market - EEM 2017 IEEE. https://doi.org/10.1109/EEM.2017.7981856