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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
mean-risk optimization under limited liquidity, including the risk measures absolute and relative Value and Conditional …
Persistent link: https://www.econbiz.de/10011308402
In principle, portfolio optimization in electricity markets can make use of the standard mean-variance model going back …
Persistent link: https://www.econbiz.de/10010424612
Throughout our history we have demonstrated the relationship between the decisions of energetic character, economy and the environment. For this reason is that they begin to develop and implement energetic modeling techniques as alternative tools for both the development of energy policies, and...
Persistent link: https://www.econbiz.de/10011703530
Most currently employed Integrated Assessment Models are of a dynastic nature, commonly assuming a fixed relation between pure time preference, economic growth and interest rate. This rigid relation has led to much debate on which level of discounting to adopt. Especially the quantitative...
Persistent link: https://www.econbiz.de/10014172829
Electricity storage plants can be used for many applications, with one of the most studied applications being arbitrage in the day-ahead market. Although the arbitrage value is related to the presence of price spreads, it also depends on the effect of (dis)charge actions on prices, as arbitrage...
Persistent link: https://www.econbiz.de/10011446870
In this paper we give an overview of algorithms developed to aid catalyst optimization at the Mexican Institute of …
Persistent link: https://www.econbiz.de/10014047005
Energy efficiency and short-term demand response are key issues in the decarbonization of power markets. However, their interaction and combined impact on market prices as well as on the supply side, is yet to be understood. We develop a framework to implement investments in energy efficiency...
Persistent link: https://www.econbiz.de/10011962845
The United States has long suffered from a schizophrenia about energy policy. The importance of one of the factors in energy policy, the environment, has never been formally defined. Climate change adds another distinct layer to this complexity, as neither energy policies nor environmental...
Persistent link: https://www.econbiz.de/10013098993
The traditional problem often called “electricity development” is to improve and expand services from an established monopolistic electricity supplier. The lack of an effective dominant utility, however, is a defining condition for the 1.4 billion people without access for electricity, the...
Persistent link: https://www.econbiz.de/10013084407