Renewable Revolution: A Review of Strategic Flexibility in Future Power Systems

The global shift toward integrating renewable energy sources, such as solar and wind power, is revolutionizing the energy landscape, presenting both opportunities and challenges for power system operations. This paper delves into the critical concept of power system flexibility, emphasizing the importance of maintaining reliable service amidst unpredictable fluctuations in supply and demand. Given the intermittent nature of renewable energy, this paper explores key aspects of flexibility, including generation, demand-side, and grid flexibility, and their roles in sustaining grid stability. Various strategies to enhance flexibility in future power networks are examined, such as advanced energy storage…