Conference emphasises need for renewables response

Energy firms and regulators agree changes needed to market design

power-generating-windmills
Once renewables reach 50% of total generation, security of supply can become a problem

The challenge presented by increases in the proportion of electricity generated from renewables – and the inadequacy of existing power market rules to deal with them – provided a major talking point among regulators and market participants at Energy Risk Summit Europe in London on October 2.

Faced with the rising role of renewables, European regulators were working hard to try to find the right balance of market interventions that would help both the market and consumers, noted Garrett Blaney, c