The value of flexibility in Australia’s national electricity market

摘要: Abstract The increase in the penetration of small- and utility-scale variable renewable energy across Australia’s National Electricity Market has increased value to those supply- demand-side resources that are flexible dispatchable. On demand side, digitalization, automation, Internet Things, other technological advances creating an increasing number “prosumers” capable responding real-time price signals. This dynamism supply, for both large-scale customers, will be increasingly valuable needed if trilemma lower prices, high reliability system security, emissions reductions is solved.