1 Mar 2011
The challenges of intermittency in North West European power markets
In 2011, Pöyry carried out a ground breaking study into the impact of high levels of renewable generation on the power markets of North West Europe.
The analysis spanned the period to 2030, using detailed modelling of all NW European power stations under seven simulations of weather patterns. The main topics investigated included prices and price volatility, future investment climate, storage and interconnection and the impact of demand-side management or capacity payments.
As a result, the study helped participants to gain an understanding of the market conditions in which other low carbon generation technologies such as carbon capture and storage, hydro and nuclear will have to operate under a high wind scenario, the impact planned interconnection can have and the role mitigation measures such as smart grids can play in reducing price volatility.