IEEE Power & Energy Magazine - January/February 2017 - 61

©ISTOCKPHOTO.COM/AAGGRAPHICS

Fragmented
Policies and
Regulations
Lead to
Significant
Concerns

Flexibility Challenges
for Energy Markets

F

By William D'haeseleer, Laurens de Vries,
Chongqing Kang, and Erik Delarue

FOLLOWING THE FORMULATION OF CERTAIN
strategic policy goals, such as reducing greenhouse gases
(GHGs) and including more renewable sources (RES) as part
of the energy mix in several parts of the world, the practical translation and actual implementation of these goals have
led to the introduction of substantial volumes of intermittent
renewable electric sources. Because affordable bulk storage
for electricity is still lacking, demand and supply need to
be (instantaneously) balanced. The resulting challenge that

Digital Object Identifier 10.1109/MPE.2016.2629742
Date of publication: 2 February 2017

january/february 2017

intermittent renewable power sources pose to the controllability of the electric power system requires greater flexibility
from other parts of the system, as well as flexibility through
interaction with other energy sectors such as the heating sector, the natural gas sector, and the transportation sector.
As a consequence, the overall energy system becomes
increasingly coupled, which requires appropriate communication within and among sectors and flexible adjustment and
collaboration capabilities, while certain technical, economic,
and consumer comfort constraints are still satisfied. Because
this coupling, which has a multitude of feedback options,
makes the system less predictable (due to unexpected choices

1540-7977/17©2017IEEE

ieee power & energy magazine

61



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Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - January/February 2017

IEEE Power & Energy Magazine - January/February 2017 - Cover1
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IEEE Power & Energy Magazine - January/February 2017 - Cover3
IEEE Power & Energy Magazine - January/February 2017 - Cover4
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