Optimal reliability and reserve provision in electricity markets with increasing shares of renewable energy sources

摘要

1. Main points1.1 Analytical framework to derive optimal reserve sizing however, applicability only with important simplifying assumptions1.2 Numerical application as indication for optimal reserves1.3 Not meant to predict actual values1.4 Growing share of renewables increases level of optimal reserves2. Future research2.1 Evaluate reserves at different levels of residual demand2.2 Formally prove hypothesis of zero price of negative reserve provision2.3 General cost function.