Showing 1 - 10 of 101
The investment decision on the placement of wind turbines is, neglecting legal formalities, mainly driven by the aim to maximize the expected annual energy production of single turbines. The result is a concentration of wind farms at locations with high average wind speed. While this strategy...
Persistent link: https://www.econbiz.de/10009742697
In recent years, the installed capacities of renewable energies have steadily been increasing. This raises the question for optimal locations of renewables. Ideally, the market prices induce efficient locations. Distorting effects, i.e. non incorporation of the physical grid situations, could...
Persistent link: https://www.econbiz.de/10011750300
This paper analyses the impact of supply technology choices and costs on structures and prices on the emerging low-carbon hydrogen market using a novel, integrated natural gas and hydrogen market model. It shows that natural gas-based low-carbon hydrogen production pathways predominate in...
Persistent link: https://www.econbiz.de/10013167583
Hydrogen is gaining prominence as a critical tool for countries to meet decarbonisation targets. The main production pathways are based on natural gas or renewable electricity. LNG represents an increasingly important component of the global natural gas market. This paper examines synergies and...
Persistent link: https://www.econbiz.de/10012628862
As part of the decarbonisation of the global economy, low-carbon hydrogen is expected to play acentral role in future energy systems. This article presents a comprehensive approach for estimating thedevelopment of global production and supply costs of low-carbon hydrogen from renewable energy...
Persistent link: https://www.econbiz.de/10012313498
A linear energy system model is presented which optimises the future development of electricity generation capacities and their dispatch in Europe. Besides conventional power plants, combined heat and power plants and power storages, the model considers technologies that support the future high...
Persistent link: https://www.econbiz.de/10009742699
With the increasing share of volatile renewable energies, weather prediction becomes more important to electricity markets. The weather-driven uncertainty of renewable forecast errors could have price increasing impacts. This research sets up an analytic model to show that the day-ahead optimal...
Persistent link: https://www.econbiz.de/10011750347
Hydrogen is viewed as a promising supplement in future energy systems with high penetration rates of renewable energy (RE) generation. As conversion technology between the two secondary energy carriers, hydrogen and electricity, particularly grid-connected electrolysers, have a role to play....
Persistent link: https://www.econbiz.de/10012799436
We perform a model-based analysis of the impact of a renewable hydrogen quota on EU gas and electricity markets. By comparing a scenario in which a renewable hydrogen quota with tradable certificates is imposed on final gas consumption in the sectors of the economy outside the EU ETS with a...
Persistent link: https://www.econbiz.de/10012544564
Ongoing climate change affects complex and long-lived infrastructures like electricity systems. Particularly for decarbonized electricity systems based on variable renewable energies, there is a variety of impact mechanisms working differently in size and direction. Main impacts for Europe...
Persistent link: https://www.econbiz.de/10011990909