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most-debated impacts is their effect on electricity prices, for which there have been some ex-ante studies, but few ex … prices for 2005–2009 in Spain, to study the effects that the introduction of renewable electricity and cogeneration has had … on wholesale electricity prices. It is particularly interesting to perform this study in Spain where an active system of …
Persistent link: https://www.econbiz.de/10011039519
-term elasticities of demand with respect to gasoline prices and income are of paramount interest in this study. In Senegal, rising food … prices, unemployment and shortage of electric supply are always associated with the spiking cost of world oil prices. To … found that short run elasticity is smaller than long-run elasticity and gasoline demand is inelastic with respect to both …
Persistent link: https://www.econbiz.de/10010868732
gasohol (mandatory blend of gasoline and ethanol) and ethanol prices operate in a symmetric manner over ethanol demand …
Persistent link: https://www.econbiz.de/10010576114
. However, using cointegration techniques, we obtain price elasticities that are 30 to 50% lower. The short run elasticity with … techniques indicate an income elasticity around 0.9. Our results underline the importance of controlling for the expansion of the …
Persistent link: https://www.econbiz.de/10011100096
) is led by corn (German diesel) even at high frequencies (low scales), which implies that the biofuels prices react more …
Persistent link: https://www.econbiz.de/10011039636
electricity sector, typically using constant elasticities of substitution between generation types. Detailed bottom-up electricity … models generally have embedded load duration curves with the electricity price determined by the marginal cost of generation …. This study incorporates a simple representation of electricity generation with these bottom-up features directly into the …
Persistent link: https://www.econbiz.de/10010939440
Time series of electricity, petroleum products, and renewables are found to be highly correlated with total energy …
Persistent link: https://www.econbiz.de/10010868712
This paper estimates the total effect of power outages on economic growth in Sub-Saharan Africa over the period 1995–2007. We pay close attention both to potential errors of measurement of African economic growth and to the endogeneity of outages. As suggested by Henderson et al. (American...
Persistent link: https://www.econbiz.de/10010868760
mainly due to the Renewable Energy Act (EEG). The EEG substantially impacts the dynamics of intra-day electricity prices by …-day electricity prices and propose an estimation procedure for this model. Most importantly, our model is able to generate extreme …In recent years, Germany has significantly increased its share of electricity produced from renewable sources, which is …
Persistent link: https://www.econbiz.de/10010868775
This paper examines the impact of ramping rate restrictions imposed on hydro operations to protect aquatic ecosystems. A dynamic optimization model of the profit maximizing decisions of a hydro operator is solved for various restrictions on water flow, using data for a representative hydro...
Persistent link: https://www.econbiz.de/10010681731