DEMO — development content for layout testing. Not real editorial reporting.
DEMO content for development and layout testing — not real editorial reporting.
Renewables have high upfront costs but very low running costs, so financing conditions strongly influence their competitiveness.
How it works
Because output varies with weather, power systems need flexibility: storage, interconnection, demand response and backup capacity.
Wind and solar have become cheaper to build, shifting the challenge from generation cost to system integration.
What to watch
Market design matters for whether investors are rewarded for providing that flexibility.
Key concepts
- Renewable energy
- Electricity
