Offshore Wind Power in Electricity Markets: Regulatory and Market Design Implications under Flow-Based Market Coupling KU Leuven
An important element of the ongoing transition towards a sustainable energy system is the increasing share of wind power in the electricity mix globally. Wind power is highly variable by nature leading to geographical and temporal mismatches between supply and demand. Therefore, there is an increasing opportunity for cross-border trade of electricity from low-cost regions to high-cost regions to unlock economic welfare gains.
The ...