As of 2005, electricity generators in Europe operate under the European Union Emission Trading System (EU ETS). At the same time, European Member States have launched support mechanisms to stimulate the deployment of renewable electricity sources (RES-E). RES-E injections displace CO2 emissions...

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...

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...

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...

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...

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...

Smart grids are considered important building blocks of a future energy system that facilitates integration of massive distributed energy resources like gas-fired cogeneration (CHP). The latter produces thermal and electric power together and as such reinforces the interaction between the gas...

This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ways to use the infrastructure: transport and flexibility. Line-pack...

In the transition towards a decarbonized energy system, we need city authorities to lead by example as public actors, to govern the actions of the private urban actors as local policy makers, and to conceive and manage the implementation of an integrated approach as coordinators, which we...

The European Commission has recently launched the Smart Cities Initiative to demonstrate and disseminate how to foster a quick transition towards local sustainable energy systems. Within this initiative, the three main challenges faced by pioneering cities, are to reduce or modify the demand for...