30 Sep '14, 2pm

50% #renewables share can save up to 6% in system costs. Check out REserviceS project here:

The REserviceS project - led by the European Wind Energy Association (EWEA) and involving other stakeholders from across the electricity system and academia - also found that creating markets to trade grid support services (GSS) can provide revenue streams for generators, in addition to energy-only markets. Wind and solar photovoltaic (PV) energy is capable of providing GSS such as frequency and voltage control, although these services are not yet remunerated. GSS - also known as ancillary services - will be an essential part of a truly integrated Internal Energy Market (IEM) and, consequently, should be treated as a commodity much the same as electricity. Ivan Pineda, head of policy analysis at EWEA, commenting on the results, said: "This project confirms that not only can variable renewables contribute to system reliability, but under market-based approaches, wind and so...

Full article: http://www.ewea.org/press-releases/detail/2014/09/30/a-50...

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