This work quantifies the effect of rising variable renewable electricity production on the hedgeable revenue margins of storage and conventional power generating technologies. Additional factors, namely fuel and carbon prices,power demand, and nuclear generation are investigated.
The ESRI works towards a national vision of ‘Informed policy for a better Ireland’. This means producing high-quality analysis to provide robust evidence for policymaking, with the goals of research excellence and policy impact.
The ESRI produces research that contributes to understanding economic and social change in the new international context and that informs public policymaking and civil society in Ireland.