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System Integration of Wind and Solar Power in Integrated Assessment Models : A Cross-Model Evaluation of New Approaches
Pietzcker, Robert - 2017
and solar in power systems, but rather rely on parameterized modeling approaches. In the ADVANCE project, six … international modeling teams have developed new approaches to improve the representation of power sector dynamics and VRE … integration in IAMs. In this study, we qualitatively and quantitatively evaluate the last years' modeling progress and study the …
Persistent link: https://www.econbiz.de/10012962447
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System integration of wind and solar power in integrated assessment models : a cross-model evaluation of new approaches
Pietzcker, Robert C.; Ueckerdt, Falko; Carrara, Samuel; … - 2017
and solar in power systems, but rather rely on parameterized modeling approaches. In the ADVANCE project, six … international modeling teams have developed new approaches to improve the representation of power sector dynamics and VRE … integration in IAMs. In this study, we qualitatively and quantitatively evaluate the last years’ modeling progress and study the …
Persistent link: https://www.econbiz.de/10011599310
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Reliably Unreliable : The Problems with Piecemeal Federal Transmission and Grid Reliability Policies
Fershee, Joshua P. - 2015
Persistent link: https://www.econbiz.de/10013037781
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A simple framework for climate-change policy under model uncertainty
Athanasoglou, Stergios; Bosetti, Valentina; Drouet, Laurent - 2016
existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place …
Persistent link: https://www.econbiz.de/10011614242
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Energy Storage and Renewable Energy
Durmaz, Tunc - 2014
I consider an economy with fossil fuel and renewable energy and energy storage, and search for the conditions that lead to welfare improvements when energy is stored. I then solve for the optimal decision rule and analyze the long-run tendencies of the economy-energy variables. The findings are...
Persistent link: https://www.econbiz.de/10014144285
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Explaining electricity forward premiums : evidence for the weather uncertainty effect
Obermüller, Frank - 2017
With the increasing share of volatile renewable energies, weather prediction becomes more important to electricity markets. The weather-driven uncertainty of renewable forecast errors could have price increasing impacts. This research sets up an analytic model to show that the day-ahead optimal...
Persistent link: https://www.econbiz.de/10011750347
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Effectiveness of Real Time Information Provision with Time of Use Pricing
Pon, Shirley - 2016
Real time information feedback combined with various pricing schemes has been found to reduce residential energy consumption more than information and pricing policies alone. I examine the effect of information provision with bi-monthly, monthly, and real time pricing with in-home displays with...
Persistent link: https://www.econbiz.de/10013003627
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The role of demand response in mitigating market power : a quantitative analysis using a stochastic market equilibrium model
Devine, Mel T.; Bertsch, Valentin - 2019
Market power is a dominant feature of many modern electricity markets with an oligopolistic structure, resulting in increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power. Within DR, our analysis particularly focusses on the...
Persistent link: https://www.econbiz.de/10012098215
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Current Issues on the Price of Oil : Decline, Forecasting, Volatility and Uncertainty
Bashiri Behmiri, Niaz - 2018
The 2015 workshop on “Recent evolutions of oil and commodity prices”, organized by FEEM, focused on the sharp decline in the oil price in 2014. High crude oil production and slower demand growth explain a large fraction of the current low level of prices, but a complex set of factors is...
Persistent link: https://www.econbiz.de/10012911766
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The Effect of Changing Marginal-Cost to Physical-Order Dispatch in the Power Sector
Gutiérrez-Meave, Raúl; Rosellon, Juan; Sarmiento, Luis - 2021
The analysis of local environmental policies is essential when evaluating the consistency of national public policies vis-à-vis the compliance of global agreements to reduce climate change. This study explores one of these policies; the 2021 Mexican reform to change electric power dispatch from...
Persistent link: https://www.econbiz.de/10013219805