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This paper evaluates the likely effect of REFIT, the Irish scheme to support renewable electricity generation, on the wholesale price of electricity. The cost of REFIT is passed on to Irish consumers. Here we calculate that when there are 4071MW of on-shore wind in the Republic of Ireland the...
Persistent link: https://www.econbiz.de/10009643011
The prospects for a revival of nuclear power were dim even before the partial reactor meltdowns at the Fukushima nuclear plant. Nuclear power has long been controversial because of concerns about nuclear accidents, proliferation risk, and the storage of spent fuel. These concerns are real and...
Persistent link: https://www.econbiz.de/10009652817
Viene presentata un’analisi dei costi di generazione dell’energia elettrica da fonte nucleare e da fonti fossili (carbone e gas naturale) effettuata sui dati tecnici pubblicati nell’ultimo rapporto IEA-NEA "Projected Costs of Generating Electricity" (Edizione 2010). Lo studio è...
Persistent link: https://www.econbiz.de/10010615847
Electricity prices in Egypt have been set significantly lower than the real economic cost of its production and supply. These subsidies encourage the waste of energy and increase the fluctuation in demand, triggering a huge need of additional power generation capacity in Egypt. This dialectical...
Persistent link: https://www.econbiz.de/10010627303
Renewable Energy Sources (RES) are likely to continue the upward trend observed in the past decade. The change from dispatchable generation to an environment in which Independent System Operators (ISOs), Regional Transmission Operators (RTOs), Load Serving Entities (LSEs) and consumers...
Persistent link: https://www.econbiz.de/10010587990
One of the objectives of energy security is the uninterrupted physical availability of energy. However, there is limited information about how much is the cost of energy supply interruptions. This information is essential to optimize investment and operating decisions to prevent energy...
Persistent link: https://www.econbiz.de/10010549037
A variety of renewable electricity policies to promote investment in wind, solar, and other types of renewable generators exist across the United States. The federal renewable energy investment tax credit, the federal renewable energy production tax credit, and state renewable portfolio...
Persistent link: https://www.econbiz.de/10010643000
Residential buildings are responsible for approximately 20 percent of U.S. energy consumption, and single-family homes alone account for about 16 percent. Older homes are less energy efficient than newer ones, and although many experts have identified upgrades and improvements that can yield...
Persistent link: https://www.econbiz.de/10010643008
Ontario electricity consumers will benefit from less risk and lower prices if the province moves to a capacity market for obtaining generation, according to a report from the C.D. Howe Institute. In “Rethinking Ontario’s Electricity System with Consumers in Mind,” author Michael Wyman...
Persistent link: https://www.econbiz.de/10010892231
Modelling price formation in electricity markets is a notoriously difficult process, due to physical constraints on electricity generation and transmission, and the potential for market power. This difficulty has inspired the recent development of bottom-up agent-based algorithmic learning...
Persistent link: https://www.econbiz.de/10010939449