Showing 1 - 10 of 43
Across the EU, significant infrastructure investment is needed in both generation from renewable energy sources (RES) and the electricity transmission system to meet the European targets on emission reduction and RES expansion. Experiences show, however, that citizens may object to new energy...
Persistent link: https://www.econbiz.de/10011561046
Across the EU, significant investments are being made in renewable generation and grid technologies, however, policy makers and planners are frequently met with resistance from local communities to proposed infrastructure development. Offering some form of compensation to the affected...
Persistent link: https://www.econbiz.de/10011641892
This paper looks at the restructuring of European electricity markets that has been taking place since the 1990s. This liberalisation process, driven largely by EU legislation aiming to create a single market for electricity, has led to significant changes in how electricity markets in member...
Persistent link: https://www.econbiz.de/10011281293
Persistent link: https://www.econbiz.de/10003772793
As a result of government policies increasing the amount of electricity generated from fluctuating renewable sources in many countries, the requirement for flexibility in the corresponding electricity systems increases. On the demand side, load shedding is one demand response mechanism...
Persistent link: https://www.econbiz.de/10011547594
Quantity and price risks determine key uncertainties market participants face in electricity markets with increased volatility, for instance due to high shares of renewables. In the time from day-ahead until real-time, there lies a large variation in best available information, such as between...
Persistent link: https://www.econbiz.de/10012581307
Electricity retailers face increasing uncertainty due to the ongoing expansion of unpredictable, distributed generation in the residential sector. We analyze how increasing levels of households' solar PV self-generation affect the short-term decisionmaking and associated risk exposure of...
Persistent link: https://www.econbiz.de/10012581308
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
Growth in energy demand together with the expansion of variable renewables has significant implications for the future electricity system. The increased volatility from growing intermittent production requires new sources of flexibility at a much greater scale to help maintain system balance. In...
Persistent link: https://www.econbiz.de/10012028954
In this work, we study the profitability of energy storage operated in the Nordic, German, and UK electricity day-ahead markets during 2006-2016. We build a linear optimization model which maximizes profits from arbitraging hourly prices and use the model output of profits and storage cycles in...
Persistent link: https://www.econbiz.de/10011948277