IEEE Power & Energy Magazine - January/February 2021 - 53

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Decarbonization
of Electricity
Systems in Europe
Market Design Challenges
By Goran Strbac,
Dimitrios Papadaskalopoulos,
Nikolaos Chrysanthopoulos,
Ana Estanqueiro, Hugo Algarvio,
Fernando Lopes, Laurens de Vries,
Germán Morales-España, Jos Sijm,
Ricardo Hernandez-Serna,
Juha Kiviluoma, and Niina Helistö
Digital Object Identifier 10.1109/MPE.2020.3033397
Date of current version: 6 January 2021

january/february 2021

1540-7977/21©2021IEEE

D

DRIVEN BY CLIMATE CHANGE
concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The
European Commission (EC) has set
targets for 2030 to achieve at least 40%
reduction in greenhouse gas emissions
with respect to the 1990 baseline level
and cover at least 32% of the total
energy consumption in the European
Union (EU) through renewable energy
sources, predominantly wind and solar
generation. However, these technologies are inherently characterized by
high variability, limited predictability and controllability, and lack of
inertia, significantly increasing the
balancing requirements of the system with respect to historical levels.
The flexibility burden is currently
ieee power & energy magazine

53



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IEEE Power & Energy Magazine - January/February 2021

Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - January/February 2021

Contents
IEEE Power & Energy Magazine - January/February 2021 - Cover1
IEEE Power & Energy Magazine - January/February 2021 - Cover2
IEEE Power & Energy Magazine - January/February 2021 - Contents
IEEE Power & Energy Magazine - January/February 2021 - 2
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IEEE Power & Energy Magazine - January/February 2021 - Cover3
IEEE Power & Energy Magazine - January/February 2021 - Cover4
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