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Electricity generation is a vital element of economic growth, and it is necessary to encourage a growth model that does not endanger the capacity of a country to generate electricity. Generating electricity entails costs. This cost is not only economical but can also be, for example,...
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The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of...
Persistent link: https://www.econbiz.de/10010934433
Strategic planning in the electricity supply industry is a complex task due to the multiple and often conflicting objectives of the decision makers, as well as the inherent technical and valuation uncertainties involved. As such, a transparent decision support framework is needed, for guiding...
Persistent link: https://www.econbiz.de/10010809705
The variable electricity output of the RES (renewable energy sources) power plants, such as wind and hydropower, is an important challenge for the electricity system managers. This paper addresses the problem of an electricity system supported mainly on hydro, thermal, and wind power plants. A...
Persistent link: https://www.econbiz.de/10010810917
The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of...
Persistent link: https://www.econbiz.de/10010663699
The electricity industry is undergoing a substantial process of restructuring, with an emphasis on the introduction of competition in the generation sector. Traditional planning methods are not necessarily appropriate for this new environment. This paper extends a previously developed linear...
Persistent link: https://www.econbiz.de/10010707789
Water is required for energy supply, and energy is required for water supply, creating problems as demand for both resources grows. We analyze this “water–energy nexus” as it affects long-run electricity planning in the western United States. We develop four scenarios assuming: no new...
Persistent link: https://www.econbiz.de/10011047386
Carbon Emissions Pinch Analysis (CEPA) and Energy Return on Energy Investment (EROI) analysis are combined to investigate the feasibility of New Zealand reaching and maintaining a renewables electricity target above 90% through to 2050, while also increasing electricity generation at an annual...
Persistent link: https://www.econbiz.de/10011076374