Methods for the determination of flow-based capacity parameters: description, evaluation and improvements
Flow-based market coupling, the cheapest path to security of supplyCurrently a lot of European countries struggle with the Security of Supply of electricity. Belgium is one of the leading problem cases. In order to achieve long-term security of supply, Europe puts its stake on increasing the interconnection capacity between member states (1). This option is expensive but can be viable. For short-term problems, like shortages in Belgium, the investment plan offers no solution. In research a lot attention is given to complex and challenging solutions like demand side management.
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