Markets - 01/July/2016

Price signals spur flexibility

Flexibility in supply and demand comes with a price tag but the right incentives get the job done

Flexibility in response to market signals is the name of the game for Denmark’s centralised CHP stations. Even though their prime responsibility is to supply district heating, they can still step up electricity production when prices are high on windless days, or stop heat production when prices are low and instead meet heating demand from hot water stored earlier in giant accumulators

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