Showing 1 - 10 of 14
The rapid changes in the transition economies must be evaluated in a comparative context. This paper provides a comprehensive comparative analysis using a large panel data set of market economies as a reference point. We wish to establish the extent and speed with which the structures of the...
Persistent link: https://www.econbiz.de/10004963794
This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
Persistent link: https://www.econbiz.de/10011255282
planning of generators and cannot not be fully diminished by wind forecasts. In this paper we develop a stochastic electricity … market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …
Persistent link: https://www.econbiz.de/10010659949
This article presents an integrated electricity dispatch and load flow model with endogenous electricity generation …
Persistent link: https://www.econbiz.de/10011128856
-sharp representation. A cost minimizing mixed-integer problem (MIP) model calculates where in the European electricity grid expansion needs …
Persistent link: https://www.econbiz.de/10010896205
the potential of harnessing large amounts of renewable electricity, but also concerns about the implementation in largely … electricity generators in France, Germany, and Poland, and the consumers in low-price countries, e.g. Norway and Sweden. Merchant …
Persistent link: https://www.econbiz.de/10010784002
We study the performance of different regulatory approaches for the expansion of electricity transmission networks in …
Persistent link: https://www.econbiz.de/10008855640
Before 2004 South Africa was the dominant steam coal exporter to the European market. However a new market situation with rising global demand and prices makes room for a new entrant: Russia. The hypothesis investigated in this paper is that the three incumbent dominant firms located in South...
Persistent link: https://www.econbiz.de/10009646241
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of … strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and …, depending on policy objectives. We also find that the introduction of electricity storage generally increases overall welfare …
Persistent link: https://www.econbiz.de/10008541303
This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the specific cost function characteristics of extractive...
Persistent link: https://www.econbiz.de/10010682950