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Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable...
Persistent link: https://www.econbiz.de/10012226722
Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable...
Persistent link: https://www.econbiz.de/10013457858
Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable...
Persistent link: https://www.econbiz.de/10014101217
Low and uncertain carbon prices are often stated as a major obstacle for industrial sector investments in technologies to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could addressregulatory risk, lower financing costs and strengthen...
Persistent link: https://www.econbiz.de/10011780745
We analyze the effectiveness of a forward capacity market (FCM) with long-term contracts in an electricity market in the presence of a growing share of renewable energy. An agent-based model is used for this analysis. Capacity markets can compensate for the deteriorating incentive to invest in...
Persistent link: https://www.econbiz.de/10012021997
The effectiveness of a capacity market is analyzed by simulating three conditions that may cause suboptimal investment in the electricity generation: imperfect information and uncertainty; declining demand shocks resulting in load loss; and a growing share of renewable energy sources in the...
Persistent link: https://www.econbiz.de/10012022767
The global energy system is undergoing a major transition, and in energy planning and decision-making across governments, industry and academia, models play a crucial role. Because of their policy relevance and contested nature, the transparency and open availability of energy models and data...
Persistent link: https://www.econbiz.de/10012022769
The cross-border effects of a capacity market and a strategic reserve in interconnected electricity markets are modeled using an agent-based modeling methodology. Both capacity mechanisms improve the security of supply and reduce consumer costs. Our results indicate that interconnections do not...
Persistent link: https://www.econbiz.de/10012022929
Die Klimaziele können nur mit einem Wechsel hin zu neuen Technologien und Praktiken für die Produktion und Nutzung von Grundstoffen, wie Zement, Stahl und Chemikalien, erreicht werden. Die Produktion solcher Grundstoffe macht nämlich rund 16 Prozent der europäischen und 25 Prozent der...
Persistent link: https://www.econbiz.de/10012112970
The cost of renewable energy technology has plunged in recent years. But the extent to which electricity consumers can benefit from the reduced costs depends on the design of renewable remuneration mechanisms. Calculations of a financing model show that the current sliding premium is leading to...
Persistent link: https://www.econbiz.de/10011874777