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A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial...
Persistent link: https://www.econbiz.de/10012029103
generator profits are affected by increasing wind generation. Using hourly historical data for the Irish Single Electricity … Market, we simulate new series of electricity prices, representative plant bids and wind generation. We calibrate the model … based on the negative correlation between electricity prices and wind generation. This allows us to determine that …
Persistent link: https://www.econbiz.de/10011100117
productivity (TFP) growth in the electricity sectors of 19 European Union countries for the period 1994–2007. Both the OECD …
Persistent link: https://www.econbiz.de/10010718758
China's electricity sector has experienced substantial efficiency improvement during the last one and a half decades …
Persistent link: https://www.econbiz.de/10011189284
Storm-related service outages in electricity and telecommunications have created public controversies regarding the …
Persistent link: https://www.econbiz.de/10011208288
Modelling price formation in electricity markets is a notoriously difficult process, due to physical constraints on … electricity generation and transmission, and the potential for market power. This difficulty has inspired the recent development … of bottom-up agent-based algorithmic learning models of electricity markets. While these have proven quite successful in …
Persistent link: https://www.econbiz.de/10010939449
The use of biomass as a source of energy has been identified as a viable option to diminish reliance on fossil fuels …. We parameterized the effect of selected internal (e.g. coal-fire presence), external (e.g. price and renewable energy …-level renewable energy portfolio standards showed no statistically significant effect on the adoption of cofiring biomass with coal …
Persistent link: https://www.econbiz.de/10010868705
This paper uses high frequency spot price data from eight wholesale electricity markets in Australia, Canada, and the … detection in electricity prices. …
Persistent link: https://www.econbiz.de/10010868788
Renewable Energy Sources (RES) are likely to continue the upward trend observed in the past decade. The change from …
Persistent link: https://www.econbiz.de/10010587990
regulatory frictions may hinder the performance of energy policies. …
Persistent link: https://www.econbiz.de/10011115874