Showing 1 - 10 of 21
Across the EU, significant infrastructure investment is needed in both generation from renewable energy sources (RES) and the electricity transmission system to meet the European targets on emission reduction and RES expansion. Experiences show, however, that citizens may object to new energy...
Persistent link: https://www.econbiz.de/10011787774
Many countries plan to decarbonise their energy systems by increasing energy efficiency and expanding the use of renewable energy sources (RES). Such actions require significant investments in new energy infrastructures. While people are generally accepting of these infrastructures, opposition...
Persistent link: https://www.econbiz.de/10011985176
Power systems based on renewable energy sources (RES) are characterised by increasingly distributed, volatile and uncertain supply leading to growing requirements for flexibility. In this paper, we explore the role of demand response (DR) as a source of flexibility that is considered to become...
Persistent link: https://www.econbiz.de/10011985178
Energy systems based on renewables have an increasing demand for flexibility. In this paper, we consider the potential of power-to-gas to provide flexibility and enhance the system integration of renewables. Existing research on power-to-gas typically analyses the system effects of a...
Persistent link: https://www.econbiz.de/10011985183
Managing the risk associated with uncertain load has always been a challenge for retailers in electricity markets. Yet the load variability has been largely predictable in the past, especially when aggregating a large number of consumers. In contrast, the increasing penetration of unpredictable,...
Persistent link: https://www.econbiz.de/10011985190
In this work, we study the profitability of energy storage operated in the Nordic, German, and UK electricity day-ahead markets during 2006-2016. We build a linear optimization model which maximizes profits from arbitraging hourly prices and use the model output of profits and storage cycles in...
Persistent link: https://www.econbiz.de/10011985198
Increased renewable generation worldwide is posing new challenges for power system planners. The location, as well as the level and operation, of each generation resource is increasingly important. This work presents a constrained Generation Expansion Planning (GEP) optimization model. One of...
Persistent link: https://www.econbiz.de/10011985208
Growth in energy demand together with the expansion of variable renewables has significant implications for the future electricity system. The increased volatility from growing intermittent production requires new sources of flexibility at a much greater scale to help maintain system balance. In...
Persistent link: https://www.econbiz.de/10012389599
Market power is a dominant feature of many modern electricity markets with an oligopolistic structure, resulting in increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power. Within DR, our analysis particularly focusses on the...
Persistent link: https://www.econbiz.de/10012389608
A promising tool to achieve more flexibility within power systems is demand re-sponse (DR). End-users in many strands of industry have been subject to research up to now regarding the opportunities for implementing DR programmes. One sector that has received little attention from the literature...
Persistent link: https://www.econbiz.de/10012389610