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The increased wind energy supplied to many electricity markets around the world has to be balanced by reliable back up units or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices....
Persistent link: https://www.econbiz.de/10003793111
Elektrische Energie ist nur unter erheblichen technischen und ökonomischen Aufwand zu speichern. Nichtsdestotrotz muss für eine zuverlässige Versorgung der Gesellschaft mit elektrischer Energie ein ständiges Gleichgewicht von Angebot und Nachfrage gewährleistet werden können. Aus diesem...
Persistent link: https://www.econbiz.de/10003850494
Morocco, Algeria and Tunisia, the three countries of the North African Maghreb region, are showing increased efforts to integrate renewable electricity into their power markets. Like many other countries, they have pronounced renewable energy targets, defining future shares of “green”...
Persistent link: https://www.econbiz.de/10003979714
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/10008905417
This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the...
Persistent link: https://www.econbiz.de/10008659333
This article examines potential cost reductions in the market for balancing power by pooling all four German control areas. In a united control area both the procurement and the production of balancing power may be more efficient than in four separated control areas. Our data contain published...
Persistent link: https://www.econbiz.de/10009356428
Under perfect competition on the output market, first best technology subsidies in the presence of learning by doing are justified by knowledge spill overs that are not accounted for by individual companies. First best output subsidies are thus depending directly on the learning effects and are,...
Persistent link: https://www.econbiz.de/10009427861
This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the energy-only market with different forms for national policy measures. We set up a two sector model where players can invest into various types of generation technologies including...
Persistent link: https://www.econbiz.de/10011392062
Die Entscheidung für ein von volatilen Erzeugungsquellen dominiertes Stromsystem stellt an die Stabilisierung des Systems neue Anforderungen. Zugleich bieten sich neue Optionen. Die bisherige Asymmetrie, nach der für die Stabilisierung die Kraftwerksseite verantwortlich sei, ist überkommene...
Persistent link: https://www.econbiz.de/10011285681
The uptake of renewable energy (RE) has been identified by a number of governments as a primary means for mitigating CO2 emissions from the electricity sector, and for making the transition to a low-carbon economy. The electric power output of some RE technologies, however, including those based...
Persistent link: https://www.econbiz.de/10009767768