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Presentation: Enhancing System Flexibility to Integrate Renewables and Decarbonise the Future Power System

08 Oct 2024
SUMMIT STREAM 2, LEVEL 1A, NOVEL 2
Energy Storage Energy Transformation Renewables

Decarbonisation is possible today with cost-competitive renewables, as solar and wind have become the cheapest electricity sources in over 90% of global markets due to significant cost reductions in the past decade.  Integrating these renewables requires system flexibility to manage their intermittent nature, necessitating short-duration and seasonal balancing solutions. To support the energy transition, energy markets must be designed to incentivise flexibility and send the right signal for flexible capacity investments

Speakers
Frederic Carron, VP Middle East & Asia - W'rtsil'
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