Chapter 19

Conclusions and Outlook

Dogan Keles,    Karlsruhe Institute of Technology (KIT), Karlsruhe, Germany

Abstract

The main impacts of renewable energies on grid and market operation and the required changes in market design are discussed in this chapter. The main conclusions derived from the previous chapters about the height of, e.g., curtailment of renewable energy sources (RES) due to grid congestions are introduced. The merit order effect of renewables on market prices and necessary changes in regulation, especially in the design of electricity markets, are discussed. Finally, areas of future research are mentioned, especially the need for research to gain further findings about the impact of RES electricity production in the future ...

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