The 15th foundation day of Energy Market Regulatory Authority (EMRA) was celebrated. Speaking at the ceremony, Berat Albayrak, Turkish Minister of Energy and Natural Resources said, energy sector has an important dynamo effect in the success story of Turkey.
Can current electricity markets cope with high shares of renewables?
A comparison of approaches in Germany, the UK and the State of New York
By: Michael G. Pollitt and Karim L. Anaya
This paper looks at the empirical and theoretical background to high shares of renewables in the electricity system. First we examine what is meant by ‘high shares’ of renewables; next we consider what we mean by electricity ‘markets’; then we discuss what the term ‘cope with’ implies; before returning to the suitability of ‘current’ electricity markets.
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