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A coordinated strategic reserve to safeguard the European energy transition
Neuhoff, Karsten; Diekmann, Jochen; Kunz, Friedrich; … - 2015
In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic...
Persistent link: https://www.econbiz.de/10011294801
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A Greenfield model to evaluate long-run power storage requirements for high shares of renewables
Zerrahn, Alexander; Schill, Wolf-Peter - 2015
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/10010500349
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Comparison of feed-in tariffs and tenders to remunerate solar power generation
Grau, Thilo - 2014
This paper analyzes the trade-offs for using feed-in tariffs or tenders to remunerate different scales of solar photovoltaics (PV) projects. In recent years, European countries increasingly combined feed-in tariffs for small renewables systems with tenders for large installations. This study...
Persistent link: https://www.econbiz.de/10010332846
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Assessing the strength and effectiveness of renewable electricity feed-in tariffs in European Union countries
Groba, Felix; Indvik, Joe; Jenner, Steffen - 2011
In the last two decades, feed-in tariffs (FIT) and renewable portfolio standards (RPS) have emerged as two of the most popular policies for supporting renewable electricity (RES-E) generation in the developed world. A few studies have assessed their effectiveness, but most do not account for...
Persistent link: https://www.econbiz.de/10010287254
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Responsive adjustment of feed-in tariffs to dynamic PV technology development
Grau, Thilo - 2012
This paper reviews the adjustments of the feed-in tariff for new solar photovoltaics (PV) installations in Germany. As PV system prices declined rapidly over the last years, the German government implemented automatic mechanisms to adjust the support level for new installations in response to...
Persistent link: https://www.econbiz.de/10010287322
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An auction story: How simple bids struggle with uncertainty
Richstein, Jörn C.; Lorenz, Casimir; Neuhoff, Karsten - 2018
Short-term electricity markets are key to an efficient production by generation units. We develop a two-period model to assess different bidding formats to determine for each bidding format the optimal bidding strategy of competitive generators facing price-uncertainty. We compare the results...
Persistent link: https://www.econbiz.de/10011919913
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Cream-skimming through PPAs: Interactions between private and public long-term contracts for renewable energy
Kröger, Mats - 2024
Public support systems and private investments in renewable energy are increasingly existing side-by-side and are both emphasized in policy proposals on the European and national levels. This paper assesses the interaction between the two approaches with respect to cream-skimming, i.e., the...
Persistent link: https://www.econbiz.de/10014635067
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Discriminatory auction design for renewable energy
Kröger, Mats; Neuhoff, Karsten; Richstein, Jörn C. - 2024
We assess the incorporation of wind or solar resource quality into renewable auction design as a means to … resource quality. With a stylized auction model, we model the trade-off between production costs and consumer costs. After … exploring the influence of the heterogeneity of production costs, the auction volume, and the regulator's knowledge about cost …
Persistent link: https://www.econbiz.de/10014637032
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The effect of changing marginal-cost to physical-order dispatch in the power sector
Gutiérrez-Meave, Raúl; Rosellón, Juan; Sarmiento, Luis - 2021
The analysis of local environmental policies is essential when evaluating the consistency of national public policies vis-à-vis the compliance of global agreements to reduce climate change. This study explores one of these policies; the 2021 Mexican reform to change electric power dispatch from...
Persistent link: https://www.econbiz.de/10012590984
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Prosumage of solar electricity: Pros, cons, and the system perspective
Schill, Wolf-Peter; Zerrahn, Alexander; Kunz, Friedrich - 2017
We examine the role of prosumage of solar electricity, i.e. PV self-generation combined with distributed storage, in the context of the low-carbon energy transformation. First, we devise a qualitative account of arguments in favor of and against prosumage. Second, we give an overview of...
Persistent link: https://www.econbiz.de/10011595950