Showing 51 - 60 of 103
The global energy system is undergoing a major transition, and in energy planning and decision-making across governments, industry and academia, models play a crucial role. Because of their policy relevance and contested nature, the transparency and open availability of energy models and data...
Persistent link: https://www.econbiz.de/10012022769
Since the 1990s, many developing countries have restructured their electric power industry. Policies such as break-ing up, commercializing and privatizing utilities, allowing for independent power producers, installing independent regulators, and introducing competitive wholesale markets were...
Persistent link: https://www.econbiz.de/10012052132
The three D’s of the energy transformation – decarbonization, decentralization and digitalization – provide both chal-lenges and opportunities for distribution grids. Small-scale generation, batteries, electric heating, and e-mobility may put grids under considerable strain. However, if...
Persistent link: https://www.econbiz.de/10012108955
The location of new power generation capacity has a significant effect on the need for transmission infrastructure. Newly constructed power plants that are located far from consumption centers increase network losses, investment, and potentially congestion. In addition, lack of public acceptance...
Persistent link: https://www.econbiz.de/10012114000
Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...
Persistent link: https://www.econbiz.de/10010313215
In zonal electricity markets such as Europe’s, system operators rely on out-of-the-market measures to relieve network congestion within bidding zones. One such measure is “redispatching” power plants, i.e. increasing the output of a station downstream of the congestion while lowering...
Persistent link: https://www.econbiz.de/10012255137
The quality of electricity system modelling heavily depends on the input data used. Although a lot of data is publicly available, it is often dispersed, tedious to process and partly contains errors. We argue that a central provision of input data for modelling has the character of a public...
Persistent link: https://www.econbiz.de/10012488653
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors' costs and a finite set of providers. We find that these extensions...
Persistent link: https://www.econbiz.de/10013464283
Contracts for differences are widely discussed as a cornerstone of Europe’s future electricity market design. In this paper, we make three contributions to the debate. First, we summarize the dispatch and investment distortions that traditional CfDs cause. Second, we propose an alternative CfD...
Persistent link: https://www.econbiz.de/10013470717
Contracts for differences are widely discussed as a cornerstone of Europe’s future electricity market design. This is a paper on CfD contract design. We summarize the dispatch and investment distortions that conventional CfDs cause, the patches that are used to overcome these shortcomings, and...
Persistent link: https://www.econbiz.de/10013492943