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Persistent link: https://www.econbiz.de/10012183802
Europe is now being held responsible for the energetic defiance demonstrated by an increase of the global energy demand against meeting this demand especially by using fossil fuels (coal), oil and natural gas. The alarming pollutant effect of coal consumption, high oil prices and the EU...
Persistent link: https://www.econbiz.de/10013039178
Purpose: The purpose of this paper is to review the reserves and production of natural gas in Africa and evaluate how it can help solve the power challenges of the continent. Design/Methodology: This paper develops from a descriptive analysis and literature on natural gas and power. Findings:...
Persistent link: https://www.econbiz.de/10011596872
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
A long line of research investigates whether the retail prices of electricity and natural gas send proper signals about scarcity in order to induce efficient consumption. Historically, regulated utilities have not designed tariffs that set marginal prices equal to marginal costs. Currently, some...
Persistent link: https://www.econbiz.de/10014161759
Persistent link: https://www.econbiz.de/10000651639
Electricity system operations are often affected by energy policies, but spatial differences in policy impacts are difficult to model. We develop a method for estimating zonal supply curves in transmission-constrained electricity markets that can be implemented quickly by policy analysts with...
Persistent link: https://www.econbiz.de/10014177040
Storage devices and demand control may constitute beneficial tools to optimize electricity generation with a large share of intermittent resources through inter-temporal substitution of load. We quantify the related cost reductions in a simulation model of a simplified stylized medium-voltage...
Persistent link: https://www.econbiz.de/10014184452
We analyze the impacts of a hypothetical fleet of plug-in electric vehicles on the imperfectly competitive German electricity market with a game-theoretic model. Electric vehicles bring both additional demand and additional storage capacity to the market. We determine their effects on prices,...
Persistent link: https://www.econbiz.de/10014187378
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10014200939