Étiqueté : electric power

How to manage a large and flexible nuclear set in a deregulated electricity market from the point of view of social welfare?

In the case of a large nuclear set (like the French set), nuclear production needs to be flexible to adjust to the predicted evolutions of the energy demand. Consequently, the dominant position of nuclear in the national energy mix makes it responsible for the overall equilibrium of the electricity system which is directly intertwined with social welfare…