Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10011985576
The global energy system is undergoing a major transition, and in energy planning and decision-making across governments, industry and academia, models play a crucial role. Because of their policy relevance and contested nature, the transparency and open availability of energy models and data...
Persistent link: https://www.econbiz.de/10012022769
In zonal electricity markets such as Europe’s, system operators rely on out-of-the-market measures to relieve network congestion within bidding zones. One such measure is “redispatching” power plants, i.e. increasing the output of a station downstream of the congestion while lowering...
Persistent link: https://www.econbiz.de/10012255137
The quality of electricity system modelling heavily depends on the input data used. Although a lot of data is publicly available, it is often dispersed, tedious to process and partly contains errors. We argue that a central provision of input data for modelling has the character of a public...
Persistent link: https://www.econbiz.de/10012488653
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors' costs and a finite set of providers. We find that these extensions...
Persistent link: https://www.econbiz.de/10013464283
Contracts for differences are widely discussed as a cornerstone of Europe’s future electricity market design. In this paper, we make three contributions to the debate. First, we summarize the dispatch and investment distortions that traditional CfDs cause. Second, we propose an alternative CfD...
Persistent link: https://www.econbiz.de/10013470717
Contracts for differences are widely discussed as a cornerstone of Europe’s future electricity market design. This is a paper on CfD contract design. We summarize the dispatch and investment distortions that conventional CfDs cause, the patches that are used to overcome these shortcomings, and...
Persistent link: https://www.econbiz.de/10013492943
In zonal electricity markets, such as Europe's, system operators relieve congested power lines within bidding zones using out-of-market measures. One such measure is "redispatching" power plants, i.e. increasing the output of one power station while decreasing the output of another....
Persistent link: https://www.econbiz.de/10012123346
Persistent link: https://www.econbiz.de/10014470478
European electricity markets are geographically organized in zones, which often resemble countries. Overload of power lines within zones have to be relieved through other means than the electricity market, e.g. so-called “redispatching” of power plants. Traditionally, this has often been...
Persistent link: https://www.econbiz.de/10014109906