RES diffusion and R&D investments in the flexibilisation of the European electricity networks

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Publication Category: 
Journal Papers
Identifier and type:
Teodora Diana Corsatea; Sergio Giaccaria; Catalin-Felix Covrig; Nicola Zaccarelli; Mircea Ardelean.
Publications Office of the European Union

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The present  analysis adds up to the discussion carried around the flexibilisation of the electricity networks, as means of higher diffusion of renewable energy sources (RES). Inspiring from innovation studies the paper proposes an economic rationale for considering RES technology manufacturers as investors in electricity networks.

Moreover,the present analysis scrutinize the extent to which the various economic operators within specific segments of the power supply chain invest in a portfolio of research and development activities,among which the electricity grids and storage technologies.

The intensity of these research investments was mapped across the European countries for the year of 2011.

The irgeo-graphic distribution confirms the rationale of an analysis based on canonical correlation testing the associations between RES market diffusion and power network indicators.

The analysisprovidesusefulinsights forspecific technology,suchastheonerevealingPVmarketsensitivitytoresearchinvestments

in storagetechnologies,confirming apotentialbusinessmodelcouplingthetwotechnologies.Accom-

modating thispatternandenablingfurtherdiversification ofresearchportfolios,thepublicincentives

could beredesignedinordertoaddressthe flexibilisationofpowernetworks.

RES Research and development Electricity networks Storage technologies