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Decarbonization goals of the European Commission foresee different future scenarios for the European power market of … secure operation, re-investment, and closure choices. To this end the participants of the Future Power Market Platform … reviewed the empirical situation with mid-term contracts, identified incentives to contract and discussed possible commercial …
Persistent link: https://www.econbiz.de/10010369935
A capacity mechanism next to the energy-only market provides necessary investment incentives that spot markets lack …. The adequate capacity mix can only be achieved by accounting for the current transition phase to electricity generation … for peak-load power plants in a capacity market. This results in higher flexibility as opposed to missing flexibility …
Persistent link: https://www.econbiz.de/10010380586
Current EU short-term market designs for electricity face several challenges in (i) securing efficient system operation … gradual reform of market design and to guarantee secure operation of (cross-border) flexible resources, firm nominations for …
Persistent link: https://www.econbiz.de/10010369936
flexible trading arrangements. For the electricity markets, options to advance intraday and balancing market design are …Gas-fired power plants constitute a direct and important link between the gas and the electricity sectors and thus … between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will …
Persistent link: https://www.econbiz.de/10010418939
-discriminatory access to data and a coherent and consistent view of the European wholesale electricity market, it does not seem advisable to … go quite so far with respect to immediacy and detail as intended by the new regulations. -- electricity ; market …The European Commission is introducing new regulations on submission and publication of data in electricity markets …
Persistent link: https://www.econbiz.de/10009745912
-called Flow-Based Market Coupling (FBMC) superseded the previous net-transfer-capacity-based approach in Central Western Europe in … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …Due to the call for further integration of European markets and the targeted climate goals, both European electricity …
Persistent link: https://www.econbiz.de/10012038962
Persistent link: https://www.econbiz.de/10011704678
Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed …-load pricing and contribute to the debate on market design and capacity payments. Steam power always recovers costs, gas turbines … never do so, and renewables might. We describe possible transfer schemes to overcome this problem and provide a more market …
Persistent link: https://www.econbiz.de/10011882245
therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we … identify the lack of sub-hourly market coupling being the most relevant driver and restricted participation. We derive a proxy …
Persistent link: https://www.econbiz.de/10011666918
We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008 … the new ownership types in order to keep them alive. Market deregulation is the main economic factor explaining the … heterogeneity in ownership structure in the electricity sector, while climate concerns and renewable policy measures have a limited …
Persistent link: https://www.econbiz.de/10014237067