Electricity Market Design for a Decarbonised Future: an Integrated Approach
Date Published: October 2017
Authors: Donna Peng, Rahmatallah Poudineh
This report highlights misalignments between current European Union market designs and physical and financial renewable energy integration and support. The report proposes a seven-step condition-dependent evolution of power market design, where the government or regulatory authority plays the role of meta-coordinator, matching the adaptation of market-based coordination modules with a hybrid future where distributed energy resources coexist with centralized generation, while decentralized market participants trade with each other and with incumbents.