The international launch of The Power of Transformation Wind, Sun and the Economics of Flexible Power Systems on 26 February
Press webinar on Wednesday 26 February 2014; 15:00 - 16:00 Paris time
Maria van der Hoeven
Executive Director, International Energy Agency (IEA)
Paolo Frankl
Head of the Renewable Energy Division
Simon Müller
Energy analyst in the Renewable Energy Division
Wind power and solar photovoltaics (PV) are crucial to meeting future energy needs while decarbonising the power sector. Deployment of both technologies has expanded rapidly in recent years, one of the few bright spots in an otherwise bleak picture of clean energy progress. However, the inherent variability of wind power and solar PV raises unique and pressing questions. Can power systems remain reliable and cost-effective while supporting high shares of variable renewable energy (VRE)? And if so, how?
Based on a thorough review of the integration challenge, the forthcoming IEA book The Power of Transformation
- gauges the economic significance of VRE integration impacts;
- highlights the need for a system-wide approach to integrating high shares of VRE; and
- recommends how to achieve a cost-effective transformation of the power system.
This book summarises the results of the third phase of the Grid Integration of VRE (GIVAR) project, undertaken by the IEA over the past two years. It is rooted in a set of seven case studies, comprising 15 countries on four continents. It deepens the technical analysis of previous IEA work and lays out an analytical framework for understanding the economics of VRE integration impacts. Based on detailed modelling, the impact of high shares of VRE on total system costs is analysed. In addition, the four flexible resources which are available to facilitate VRE integration - generation, grid infrastructure, storage and demand side integration - are assessed in terms of their technical performance and cost-effectiveness.
Journalists must register in advance to attend the webinar by emailing ieapressoffice@iea.org<mailto:ieapressoffice@iea.org>
Please note! Once you register, you will receive the dial-in numbers to call on the day of the press launch as well as the link that will allow you to follow the webinar on your screen.
To ask questions during the Q&A period you will also need to be connected by phone.
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