WP 8.3 Power Market Design and Modelling for High Wind Penetration

The overall objective of this work package is to study challenges and possibilities related to the electricity market in a situation with high penetration of wind power. Specifically:
• Suggest and analyse new market designs suitable for high wind power penetration
• Identify and assess different market-based ways for balancing of variable wind power
• Determine economically robust offshore grid taking into account markets and uncertainties in wind developments.