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The increased wind energy supplied to many electricity markets around the world has to be balanced by reliable back up units or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices....
Persistent link: https://www.econbiz.de/10003793111
This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the...
Persistent link: https://www.econbiz.de/10008659333
Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...
Persistent link: https://www.econbiz.de/10009756296
This paper analyzes the influence of wind turbines as new participants on prices and allocation within balancing markets. We introduce the cost-minimizing electricity sector model ELMOD-MIP, that includes detailed unit-commitment constraints, complex combined heat and power constraints, and...
Persistent link: https://www.econbiz.de/10012958729
This paper analyzes the influence of wind turbines as new participants on prices and allocation within balancing markets. We introduce the cost-minimizing electricity sector model ELMOD-MIP, that includes detailed unit-commitment constraints, complex combined heat and power constraints, and...
Persistent link: https://www.econbiz.de/10011635841
. Electricity price impact is not visible. The investment cost impact is not significant either, but the effect of the interest rate …
Persistent link: https://www.econbiz.de/10010476202
-border trade). We estimate that the costs for reducing one ton of CO2 emissions through subsidies for solar are e411 …
Persistent link: https://www.econbiz.de/10014108966
In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The … turbine subsidies, due to a feed-in tariff in Germany, into land prices to shed light on who benefits from the subsidies. In … incidence share of 15%, we find that wind turbine subsidies account for roughly 4% of overall agricultural income of land owners …
Persistent link: https://www.econbiz.de/10011453675
Subsidies for renewable energy sources are increasing around the globe and amounted to more than 100 billion euro in … 2013. This study aims to answer whether the subsidies only ensure that green electricity plants are profitable or whether … identify the causal effect of the subsidies, we investigate the impact of the introduction of a price guarantee in the form of …
Persistent link: https://www.econbiz.de/10012839430
Negative environmental externalities associated with wind power plants depend on the physical characteristics of turbine installations and associated power lines and the geographical siting. We derive analytically an environmental taxation scheme for achieving the efficient spatial distribution...
Persistent link: https://www.econbiz.de/10012266998