Renewable Energy Growth Continues to Impact the Electricity Market Balance

The share of electricity generated from renewable energy sources (RES) in Ukraine’s power system continues to grow, affecting system balancing and price formation in the market.

In particular, the variability of RES generation creates additional challenges for forecasting and imbalance management.

ETCON Insight:

The growth of renewable energy increases the importance of accurate forecasting and imbalance management. For businesses, this means a greater need for precise consumption planning and selecting an efficient operating model in the electricity market.

Source:

National Power Company “Ukrenergo” – https://ua.energy/zagalni-novyny/vitalij-zajchenko-energosystema-ukrayiny-zminyuyetsya-strukturno-i-tehnologichno/