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Since 2015 available cross-border transmission capacity is determined using flow-based market coupling (FBMC) in the day-ahead electricity markets of Central Western Europe. This paper empirically estimates the effect of introducing FBMC on electricity price convergence and cross-border exchange...
Persistent link: https://www.econbiz.de/10013296779
This paper uses the E-simulate model of electricity generation to estimate how much the stacking order of different technologies changes when a carbon price is introduced. Different coal and gas price scenarios are explored, and some sensitivity analysis is made of the relative market share of...
Persistent link: https://www.econbiz.de/10011015170
The creation of the EU ETS led to changes in the merit order of the different plants competing on the electricity grid, and in the fuel-switching opportunities in the UK. This country has the greatest potential for CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions reduction through fuel-switching within the EU, thanks to its...</small></sub>
Persistent link: https://www.econbiz.de/10011015177
This paper investigates the impact of the economic recession on CO2 emissions in the European power sector, during the years 2008 and 2009. Three main determinants of the power sector's emissions are identified: the demand for electricity, the CO2 price, and fuel prices. A counterfactual...
Persistent link: https://www.econbiz.de/10008863300
Electricity storage is considered as a valuable source of flexibility with applications covering the whole electricity value chain. Most of the existing evaluation methods for electricity storage are conceived for one specific use of the storage, which often leads to the conclusion that the...
Persistent link: https://www.econbiz.de/10008863575
Portfolio theory has found its way in numerous applications for optimizing the electricity generation mix of a particular region. Existing models, however, consider typically a single time period and correspondingly do not properly account for actual dispatch constraints and energy sources with...
Persistent link: https://www.econbiz.de/10008863739
This paper presents the development of a method to determine the value of forecasting (for load, wind power, etc.) in electricity-generation. An adaptive unit commitment (UC) strategy has been developed for this aim. An electricity generator faces demand with a given uncertainty. Forecasts are...
Persistent link: https://www.econbiz.de/10008918959
Notwithstanding its variability and limited controllability, wind power is expected to contribute strongly to electricity generation from renewable energy sources in the coming decades. Treating wind power as non-dispatchable by subtracting its output from the original load profile, results in a...
Persistent link: https://www.econbiz.de/10008920004
The creation of the EU ETS led to changes in the merit order of the different plants competing on the electricity grid, and in the fuel-switching opportunities in the UK. This country has the greatest potential for CO2 emissions reduction through fuel-switching within the EU, thanks to its...
Persistent link: https://www.econbiz.de/10010707902
This paper uses the E-simulate model of electricity generation to estimate how much the stacking order of different technologies changes when a carbon price is introduced. Different coal and gas price scenarios are explored, and some sensitivity analysis is made of the relative market share of...
Persistent link: https://www.econbiz.de/10010708763