The System Flexibility Challenge
Changes in today’s power system, such as increasing levels of intermittent renewable energy sources, demand response, and electric vehicles, are creating both exciting opportunities and challenges for regulators and system operators. The role of the consumer is also evolving from a passive role to that of an active participant with growing expectations about how and when they consume, and even generate, electricity. In this ever-changing landscape, flexibility plays a pivotal role. Regulators have the opportunity to harness these trends and innovations to meet the increasing need for flexibility through thoughtful incentives and effective regulations.
On 11 and 12 March 2019, the Energy Regulators Regional Association (ERRA) will host a workshop in Budapest, Hungary, to explore power system flexibility, including the integration of renewable energy sources, network and system regulation, generation and demand forecasting, storage, and many other topics. RAP senior associate Zsuzsanna Pató will offer insight into demand response and best practices for leveraging this flexibility resource to mitigate system challenges. The agenda is available here.