Navigating Grid Modeling Challenges and Policy Impacts

The chapter delves into the complexities and challenges of grid modeling, discussing issues like policy coherence, locational marginal pricing, and the importance of consistent modeling between grid and market. It explores the difficulties in predicting system capacity mix, understanding non-linear step changes, and conveying intricacies to policymakers. Additionally, it touches on strategies for asset owners to address grid challenges, emphasizing the role of government in facilitating energy transition and attracting investments.