“…VRE generation time series for future scenarios can be generated using stochastic time series simulation (Ekström, Koivisto, Mellin, Millar, & Lehtonen, ; Klöckl & Papaefthymiou, ; Koivisto et al, ), or meteorological reanalysis techniques (i.e., using historical weather data) (González‐Aparicio et al, ; Marinelli et al, ; Nuño et al, ; Staffell & Pfenninger, ). Such VRE generation simulation tools can be used, for example, in the estimation of adequacy of reserves in power systems (Das et al, ), in stability analyses (Flynn et al, ), in long‐term transmission system planning (Marinelli et al, ), and in electricity market studies (Traber, Koduvere, & Koivisto, ). These modeling approaches will be presented in Section 2.…”