Showing 1 - 10 of 117
. Renewable surpluses generally have high peaks which only occur in very few hours of the year, whereas overall surplus energy is … energy of single surplus hours is often in the range of existing German pumped hydro capacities, the energy of connected … renewable curtailment does not impede achieving the German government's renewable energy targets. We suggest avoiding renewable …
Persistent link: https://www.econbiz.de/10013074411
This paper analyzes the influence of wind turbines as new participants on prices and allocation within balancing markets. We introduce the cost-minimizing electricity sector model ELMOD-MIP, that includes detailed unit-commitment constraints, complex combined heat and power constraints, and...
Persistent link: https://www.econbiz.de/10012958729
This paper expands the discussion about future balancing reserve provision to the long-term perspective of 2050. Most pathways for a transformation towards a decarbonized electricity sector rely on very high shares of fluctuating renewables. This can be a challenge for the provision of balancing...
Persistent link: https://www.econbiz.de/10012958738
We develop a dispatch and investment model to study the role of power storage and other flexibility options in a greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to arbitrage, dispatchable capacity, and reserves. In a baseline...
Persistent link: https://www.econbiz.de/10012937352
to simulate the current behavior of the power company. It is relevant to note that we optimize the energy system without …
Persistent link: https://www.econbiz.de/10013219805
The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic...
Persistent link: https://www.econbiz.de/10012998817
. To do so, we apply a cost-minimizing open-source capacity expansion model to a 100% renewable energy scenario of central …
Persistent link: https://www.econbiz.de/10014237889
Existing long-term energy and climate scenarios are typically a rather simple extrapolation of past trends. Both … interlinked and complex nature of energy and climate. Therefore, this study presents a set of novel and multidisciplinary … foresight analysis, including a facilitated expert workshop. Then, we calibrate the numerical energy systems model Multimod to …
Persistent link: https://www.econbiz.de/10012893973
We compare prominent global energy scenarios of organisations and companies. We supplement the analysis with four own … scenarios, which were derived from structured analytic techniques in combination with a numerical global energy and resource … characteristics (conceptual nature, numerical framework, qualitative elaboration) and quantitative energy system indicators at the …
Persistent link: https://www.econbiz.de/10014102842
The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate...
Persistent link: https://www.econbiz.de/10012903650