Showing 1 - 10 of 68
Decarbonization goals of the European Commission foresee different future scenarios for the European power market of which all are exceeding 60% renewables in the power system.3 High shares of intermittent renewable sources require significant changes to the physical system and impact the...
Persistent link: https://www.econbiz.de/10010369935
opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound …, investors were willing to undertake investment in liberalized electricity markets based on mid-term contracting and retail …
Persistent link: https://www.econbiz.de/10010369937
Persistent link: https://www.econbiz.de/10001731670
Comparisons of resource assessments suggest that sufficient renewable energy resources are available to allow for large-scale deployment of renewable energy technologies. Economic analysis identifies barriers to the adoption of renewable energy sources resulting from (i) market structure, (ii)...
Persistent link: https://www.econbiz.de/10012761436
Persistent link: https://www.econbiz.de/10012517039
Persistent link: https://www.econbiz.de/10010354942
Gas-fired power plants constitute a direct and important link between the gas and the electricity sectors and thus … between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will … flexible trading arrangements. For the electricity markets, options to advance intraday and balancing market design are …
Persistent link: https://www.econbiz.de/10010418939
Strategic reserves are in principle well suited to address both generation adequacy and system security in power markets. Depending on the power system and on the network topology, a strategic reserve has to be designed to fulfill both objectives. For the design of a strategic reserve (SR) in...
Persistent link: https://www.econbiz.de/10010457255
EU Member States increase deployment of intermittent renewable energy sources to deliver the 20% renewable target formulated in the European Renewables Directive of 2008. To incorporate these intermittent sources, a power market needs to be flexible enough to accommodate short-term forecasts and...
Persistent link: https://www.econbiz.de/10009579637
question of how consumers can benefit more from the low and stable generation costs of renewable electricity. Here we suggest a … thereby benefit from reliably low-cost electricity supply. We assess the effect on financing costs, scale, and system …
Persistent link: https://www.econbiz.de/10014230115