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both electricity and heat at the same time, lowering overall fuel demands and lowering concomitant emissions. Heat pumps … programming model for coordinated bidding in two sequential markets, namely the one-hour and the fifteen-minute electricity … model for a virtual power plant, acting as a price taker in the mentioned electricity markets. The model determines the …
Persistent link: https://www.econbiz.de/10012391563
The recent energy crisis in Europe has underlined the importance of a fast replacement of fossil fuels like natural gas by green energy carriers. Great hopes for quick decarbonisation mostly rest on two technologies, hypothesized to form a "perfect match": Combined heat and power (CHP)...
Persistent link: https://www.econbiz.de/10015408254
.e., primary (FCR), secondary (aFRR) and tertiary (mFRR) reserve auctions. We test our model by means of a rolling-horizon approach … on historical data and contrast our model's performance with regards to objective function improvement and computation … time for various numbers of scenarios. We furthermore benchmark the model against its deterministic representation with and …
Persistent link: https://www.econbiz.de/10015408253
one type of model were exogenized in their counterpart model. This is relevant because of the unique geographical … to consider a profit maximization approach and SSI model, cost minimization. The first normally does not consider social …
Persistent link: https://www.econbiz.de/10014380409
higher once the Irish market adopts the carbon price floor. Therefore, supporting renewable generation by setting an …
Persistent link: https://www.econbiz.de/10012194466
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(CO2). In 2021, the power sector emitted 1104 MT of CO2 which was about 45% of the total emissions. Next was the …, India will probably have to peak its emissions by around 2040. The power sector being the largest emitter of CO2 has a key … from coal-based generation and adopt renewable power instead, mainly wind and solar. Of course, it can be supplemented with …
Persistent link: https://www.econbiz.de/10014514022