Renewables in Future Power Systems

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Focusing on the normative aspects of renewable power deployment, the book identifies key properties that characterize a cost-optimal transition towards a sustainable energy system. It emphasizes the role of technological cost reductions and the impact of uncertainty as critical drivers of this transition. The work contributes to the fields of endogenous learning and uncertainty in energy system modeling, aiming to bridge gaps in literature. Additionally, it offers practical insights into the long-term competitiveness of renewable energy generation, advocating for essential changes in the power sector.