Abstract:The new German energy strategy-the so-called Energiewende-is mainly based on the large scale implementation of volatile renewable energy sources, like onshore wind and photovoltaic. As a consequence there are two tasks to be done. The first, time-based one is to keep the power balance between the fluctuating generation and consumption. This has to be managed by the implementation of a smart market which is coordinating flexible conventional power plants, demand side and-in future-storages. The second, location… Show more
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