The drivers of the value of energy efficiency as an energy resource

This deliverable proposes a methodology to quantify the value of an energy efficiency improvement project or a portfolio of such projects, as a power grid resource. The main assumption is that a retrofit project can be regarded as a grid resource if it helps in either phasing out old, polluting power plants that are only kept commissioned for the provision of capacity reserves or reducing curtailment of renewable-based power generation to improve the grid’s hosting capacity for renewables