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Since 2009, electricity consumption has developed a unique seasonal pattern in South Korea. Winter loads have sharply increased, and they eventually exceeded summer peaks. This trend reversal distinguishes these load patterns from those in the USA and the EU, where annual peaks are observed...
Persistent link: https://www.econbiz.de/10012034843
Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as … new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity …
Persistent link: https://www.econbiz.de/10012042062
effects of subsidies for renewable energy on the market outcome of a flexibility market. We show that subsidies can cause …
Persistent link: https://www.econbiz.de/10012042071
By interlinking power systems, significant welfare gains can be achieved. However, different approaches for coupling electricity markets exist. A recent development in this field is the implementation of flow-based market coupling (FBMC) in Central Western Europe (CWE). Indeed, FBMC has proven...
Persistent link: https://www.econbiz.de/10012042072
Part I of this two-part paper has presented flow-based market coupling (FBMC), the implicit congestion management method used to couple the CentralWestern European (CWE) electricity markets. It has also introduced a large-scale model framework for FBMC assessments, focusing on modeling the...
Persistent link: https://www.econbiz.de/10012042073
The parameterisation of energy and climate policies often depends on the technology, which is price-setting in … is based upon assumptions which are commonly used in more complex energy system models and which vary according to the …
Persistent link: https://www.econbiz.de/10012056160
original rationale for the policy, energy savings, is not supported by a large portion of recent empirical studies. Whether the … new permanent time will be standard time or the former daylight saving time has not been decided. Evidence on energy … apply a difference-in-differences approach and estimate energy savings to equal 0.8% of annual electricity consumption …
Persistent link: https://www.econbiz.de/10012063488
Despite its importance for policy purposes (including climate policy and the energy transition), evidence about the … that made no structural energy-efficiency upgrades to their homes, and thus kept the stock of gas-using capital fixed. We … or baseline consumption. Our data also suggest that the consumers with the lowest uptake of energy efficiency …
Persistent link: https://www.econbiz.de/10012063493
Untapped improvements in energy efficiency in the residential sector may deliver large savings in energy use and the CO … over 700%. We combine the monthly meter readings with documentation about each household's heating-related energy …) to form a panel dataset. We estimate the effect of the energy efficiency renovations on natural gas consumption …
Persistent link: https://www.econbiz.de/10012063494
I analyze energy-efficiency policy as a prescription of a minimum-efficiency standard for energy-using household goods … invest at all. Thus, additional to and different from rebound effects, energy-efficiency policy may have unintended …, and reduces energy demand. More stringent policy is shown to be less effective or even counterproductive. For the case of …
Persistent link: https://www.econbiz.de/10012099057