2. Smart Generation: Resources and Potentials

The need to modernize the electricity networks is based first and foremost on the integration of more sustainable generation resources, especially the partially volatile renewable sources. The volatile character which is due to significant shares of renewable sources (wind and sun) has a crucial influence on the operational behavior of the overall power system. Consequently, it is necessary to significantly enhance the flexibility and smartness of the electricity generation processes. Smart Generation concerns the complex coordination of volatile and definitely controllable power plants, storage capabilities and demand side management facilities. The advanced generation and storage technologies are described. Both the Smart Grid and Smart Generation concepts will ensure the reliable, sustainable and environmentally friendly electric power supply of the future.