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Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Retail Pricing Under Carbon Taxation and Variable Renewable Electricity Supply
Gambardella, Christian; Pahle, Michael; Schill, Wolf-Peter - In: Environmental and Resource Economics 75 (2020) 1, pp. 183-213
We analyze the gross welfare gains from real-time retail pricing in electricity markets where carbon taxation induces investment in variable renewable technologies. Applying a stylized numerical electricity market model, we find a U-shaped association between carbon taxation and gross welfare...
Persistent link: https://www.econbiz.de/10012249275
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A Greenfield Model to Evaluate Long-Run Power Storage Requirements for High Shares of Renewables
Zerrahn, Alexander; Schill, Wolf-Peter - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015
We develop a dispatch and investment model to study the role of power storage and other flexibility options in a greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to arbitrage, dispatchable capacity, and reserves. In a baseline...
Persistent link: https://www.econbiz.de/10011198618
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Residual Load, Renewable Surplus Generation and Storage Requirements in Germany
Schill, Wolf-Peter - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
policy-relevant scenarios for 2022, 2032 and 2050. We also determine the storage capacities required for taking up renewable …. Renewable surpluses generally have high peaks which only occur in very few hours of the year, whereas overall surplus energy is … rather low in most scenarios analyzed. Surpluses increase substantially with growing thermal must-run requirements …
Persistent link: https://www.econbiz.de/10010699277
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Systemintegration erneuerbarer Energien: die Rolle von Speichern für die Energiewende
Schill, Wolf-Peter - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 82 (2013) 3, pp. 61-88
The Energiewende in Germany aims at increasing the share of fluctuating renewable energy drastically. With this, new … flexibility and ancillary services. In the long run, power storage is needed to reduce renewable curtailment and shift bulk energy … between different periods. In a 100 percent renewable energy system, seasonal storage options become essential. Im Zuge der …
Persistent link: https://www.econbiz.de/10011128133
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Power Storage: an Important Option for the German Energy Transition
Schill, Wolf-Peter; Diekmann, Jochen; Zerrahn, Alexander - In: DIW Economic Bulletin 5 (2015) 10, pp. 137-146
The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of …, supporting the development of power storage will be a useful component of a policy designed to safeguard the energy transition …
Persistent link: https://www.econbiz.de/10011189052
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Stromspeicher: eine wichtige Option für die Energiewende
Schill, Wolf-Peter; Diekmann, Jochen; Zerrahn, Alexander - In: DIW Wochenbericht 82 (2015) 10, pp. 195-205
The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of …, supporting the development of power storage will be a useful component of a policy designed to safeguard the energy transition …
Persistent link: https://www.econbiz.de/10011189057
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Residual Load, Renewable Surplus Generation and Storage Requirements in Germany
Schill, Wolf-Peter - In: Energy Policy 73 (2014), pp. 65-79
-relevant scenarios for Germany and make use of extensive sensitivity analyses. Whereas yearly renewable surplus energy is low in most …I examine the effects of increasing amounts of fluctuating renewable energy on residual load, which is defined as the … scenarios analyzed, peak surplus power can become very high. Decreasing thermal must-run requirements and increasing biomass …
Persistent link: https://www.econbiz.de/10011402864
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Residual load, renewable surplus generation and storage requirements in Germany
Schill, Wolf-Peter - 2013
policy-relevant scenarios for 2022, 2032 and 2050. We also determine the storage capacities required for taking up renewable …. Renewable surpluses generally have high peaks which only occur in very few hours of the year, whereas overall surplus energy is … rather low in most scenarios analyzed. Surpluses increase substantially with growing thermal must-run requirements …
Persistent link: https://www.econbiz.de/10010323913
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Systemintegration erneuerbarer Energien: die Rolle von Speichern für die Energiewende
Schill, Wolf-Peter - In: Vierteljahrshefte zur Wirtschaftsforschung 82 (2013) 3, pp. 61-88
The Energiewende in Germany aims at increasing the share of fluctuating renewable energy drastically. With this, new … flexibility and ancillary services. In the long run, power storage is needed to reduce renewable curtailment and shift bulk energy … between different periods. In a 100 percent renewable energy system, seasonal storage options become essential. …
Persistent link: https://www.econbiz.de/10010464612
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A Greenfield model to evaluate long-run power storage requirements for high shares of renewables
Zerrahn, Alexander; Schill, Wolf-Peter - 2015
We develop a dispatch and investment model to study the role of power storage and other flexibility options in a greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to arbitrage, dispatchable capacity, and reserves. In a baseline...
Persistent link: https://www.econbiz.de/10010500349