In this section
@article{Pinson:2023:10.35833/mpce.2023.000073,
author = {Pinson, P},
doi = {10.35833/mpce.2023.000073},
journal = {Journal of Modern Power Systems and Clean Energy},
pages = {705--713},
title = {What may future electricity markets look like?},
url = {http://dx.doi.org/10.35833/mpce.2023.000073},
volume = {11},
year = {2023}
}
TY - JOUR
AB - Should the organization, design and functioning of electricity markets be taken for granted? Definitely not. While decades of evolution of electricity markets in countries that committed early to restructure their electric power sector made us believe that we may have found the right and future-proof model, the substantially and rapidly evolving context of our power and energy systems is challenging this idea in many ways. Actually, that situation brings both challenges and opportunities. Challenges include accommodation of renewable energy generation, decentralization and support to investment, while opportunities are mainly that advances in technical and social sciences provide us with many more options in terms of future market design. We here take a holistic point of view, by trying to understand where we are coming from with electricity markets and where we may be going. Future electricity markets should be made fit for purpose by considering them as a way to organize and operate a socio-techno-economic system.
AU - Pinson,P
DO - 10.35833/mpce.2023.000073
EP - 713
PY - 2023///
SN - 2196-5625
SP - 705
TI - What may future electricity markets look like?
T2 - Journal of Modern Power Systems and Clean Energy
UR - http://dx.doi.org/10.35833/mpce.2023.000073
UR - https://ieeexplore.ieee.org/document/10049815
UR - http://hdl.handle.net/10044/1/104812
VL - 11
ER -
Dyson School of Design Engineering
Imperial College London
25 Exhibition Road
South Kensington
London
SW7 2DB
design.engineering@imperial.ac.uk
Tel: +44 (0) 20 7594 8888