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Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal-fired power plant fleet....
Persistent link: https://www.econbiz.de/10012505559
The 2014 Russian–Ukrainian crisis reignited European concerns about natural gas supply security recalling the experiences of 2006 and 2009. However, the European supply situation, regulation and infrastructure have changed, with better diversified import sources, EU member states being better...
Persistent link: https://www.econbiz.de/10011208770
In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call "traders", pipeline and storage operators, marketers, LNG liquefiers,...
Persistent link: https://www.econbiz.de/10005208924
From 2002 to 2006, German wholesale electricity prices more than doubled. The purpose of this paper is to estimate the price components in 2006 in order to identify the factors responsible for the increase. We develop a competitive benchmark model, taking into account power plant...
Persistent link: https://www.econbiz.de/10005255088
Persistent link: https://www.econbiz.de/10005208275
Persistent link: https://www.econbiz.de/10005208528
We analyze the impact of extensive wind development in Germany for the year 2015, focusing on grid extensions and price signals. We apply the electricity generation and network model ELMOD to compare zonal, nodal, and uniform pricing approaches. In addition to a reference case of network...
Persistent link: https://www.econbiz.de/10008494641