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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
electricity market with a game-theoretic model. Electric vehicles bring both additional demand and additional storage capacity to … the market. We determine their effects on prices, welfare, and electricity generation for various cases with different …
Persistent link: https://www.econbiz.de/10008754941
Storage devices and demand control may constitute beneficial tools to optimize electricity generation with a large …
Persistent link: https://www.econbiz.de/10008854747
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10004963777
We study the performance of different regulatory approaches for the expansion of electricity transmission networks in …
Persistent link: https://www.econbiz.de/10008855640
Concerns about global warming and growing scarcity of fossile fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock....
Persistent link: https://www.econbiz.de/10011266598
electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico … the fixed and variable charges of a two-part tariff in the framework of a wholesale electricity market with locational …
Persistent link: https://www.econbiz.de/10009367487
electricity market with locational pricing. The expansion of the network is carried out through the sale of financial transmission …
Persistent link: https://www.econbiz.de/10008542907
We analyze the relation between European natural gas storage facilities and price patterns at major trading points, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency of the natural gas market, we apply two indirect...
Persistent link: https://www.econbiz.de/10005068760
welfare. Assuming that Switzerland adopts the \Electricity Agreement" which would make EU Electricity rulings binding also in …The European electricity system is undergoing significant changes, not only with respect to developments in generation … 2013, European network operators formulated the Network Code on Electricity Balancing (NC EB) which foresees arrangements …
Persistent link: https://www.econbiz.de/10010797811