Market Design for a High-Renewables Electricity System

The book provides assessments and evaluations of emerging trends in the electricity markets with a focus on high-renewables electricity systems. Specifically various issues are examined such as wind and solar energy interconnection smart meters smart grids of the future (including their social implications) and peer-to-peer (P2P) electricity trading which is closely connected to the principle of a sharing economy. The book also contemplates how the market design for a high-renewables electricity system would be different from the classical post-liberalization market design.