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India has made great progress in reaching its ambitious goal to scale up renewable energy capacity to 175 GW in 2022. Solar power plays a central part in achieving this goal and installations of utility scale power have seen a dramatic increase in the last few years. Rooftop solar, however, is...
Persistent link: https://www.econbiz.de/10011805661
In Italy and in many EU countries, the last decade was characterized by a large development of distributed generation power plants. Their presence determined new critical issues for the design and management of the overall energy system and the electric grid due to the presence of discontinuous...
Persistent link: https://www.econbiz.de/10011548109
The digitization of power system represents one of the main instruments to achieve the target set by the European Union 2030 climate and energy Agenda of affordable energy transition. During the last years, such innovation process has been associated with the Smart Grid (SG) term. In this...
Persistent link: https://www.econbiz.de/10012123221
Persistent link: https://www.econbiz.de/10012154409
We assess the optimality of investments in power grid innovation, under both technological options of Super and Smart Grids, using the WITCH model in the version that includes Super-Grids. Super Grids allow producing and trading of electricity generated by large scale concentrated solar power...
Persistent link: https://www.econbiz.de/10010189904
It is expected that the renewable share of energy generation will rise considerably in the near future. The intermittent and uncertain nature of renewable energy (RE) calls for storage and grid management technologies that can allow for increased power system flexibility. To assist policy makers...
Persistent link: https://www.econbiz.de/10011659734
Low-quality infrastructure services are persistent in developing countries, a situation mainly affecting the poorest households in contexts of high rates of informal access and heavily subsidized services. This paper exploits choice experiments, specifically designed for formal and informal...
Persistent link: https://www.econbiz.de/10011715694
We study the performance under uncertainty of three renewable energy policy instruments: Tradable Renewable Quota (TRQ), Feed-In-Tariff (FIT), and Feed-In-Premium (FIP). We develop a stylized model of the electricity market, where renewables are characterized by a positive learning externality,...
Persistent link: https://www.econbiz.de/10010436632
The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along three dimensions - time, space, and lead-time....
Persistent link: https://www.econbiz.de/10010344242
The European Union has set ambitious targets for emission reduction and the penetration of renewable energy, including the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the costs of renewables decreased strongly making...
Persistent link: https://www.econbiz.de/10011899727