New Regulatory Frameworks for Grid Flexibility

In the very near future RE will become the baseload in power systems and flexibility will be the enabler. Without flexible power generation to balance the system, and provide critical power, significant RE penetration cannot be achieved and the savings that low cost RE promise will not be realized.

This paper attempts to address the factors to be considered in developing policy frameworks to enable successful high penetration of RE into conventional energy systems with the goal of achieving a resilient, reliable, and low cost zero carbon grid.