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has led to increased flexibility in the Indian labour market enabling firms to employ 'contract' workers widely, often … in flexibility in labour usage and can be judged as a beneficial development for employers, however issues of investment …
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understanding of the impact of flexibility on efficient VRE deployment, this work may facilitate an efficient transition process. …
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This paper develops a dynamic model of competitive equilibrium in electricity markets with thermal, hydro and intermittent power sources. Thermal generators have positive and increasing costs and use a marketable input. Hydro generators use a free and uncertain input, but one that is storable....
Persistent link: https://www.econbiz.de/10012154379
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the opportunity to acquire the benefits of the new investment by making a new outlay. We show that flexibility to defer an …
Persistent link: https://www.econbiz.de/10011607043
The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose … dynamic uncertain environment. The enterprise we model enjoys flexibility since it can switch from a certain amount of … produce all inputs even when it buys them in the market. This sort of flexibility makes for results which are somehow contrary …
Persistent link: https://www.econbiz.de/10003715357
The diffusion of renewable energy in the power system implies high supply variability. Lacking economically viable storage options, renewable energy integration has so far been possible thanks to the presence of fast-reacting mid-merit fossil-based technologies, which act as back-up capacity....
Persistent link: https://www.econbiz.de/10011509087