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The diffusion of renewable electricity generating technologies is widely considered as crucial for establishing a … costs among all electricity consumers. This paper presents a novel history-friendly agent-based study aiming to explore the … is devoted to the possibility of small scale renewable electricity generation, but also to the storage of this …
Persistent link: https://www.econbiz.de/10011438476
The pure model of replicator dynamics though providing important insights in the evolution of markets has not found much of empirical support. This paper extends the model to the case of firms vertically integrated in value chains. We show that i) by taking value chains into account, the...
Persistent link: https://www.econbiz.de/10011446182
, (2) the price of carbon in the EU ETS and (3) the price of electricity in Nord Pool. We use a multivariate vector … electricity production are negative. Contrary, we find that, to date, increases in carbon prices positively affect green …
Persistent link: https://www.econbiz.de/10012968958
The analysis of security of electricity supply (SoES) is particularly complex due to, among others, the liberalisation …
Persistent link: https://www.econbiz.de/10012979052
This paper provides insight in the time-varying relation between electricity futures prices and fundamentals in the … marginal costs of production, we argue that the relation between electricity futures prices and futures prices of underlying … model that linearly relates electricity futures prices to the marginal costs of production and calculate the log …
Persistent link: https://www.econbiz.de/10013006138
major impediment to higher RES penetration often lies in the historically grown structures of a country’s electricity sector … both reliable and affordable electricity. However, this focus on only two of the three horns of the energy trilemma, namely …-in into a fossil fuel future. In the last decades, several other countries have successfully restructured their electricity …
Persistent link: https://www.econbiz.de/10013237834
Renewable electricity plays an increasingly important role in the effort to reduce CO2 emissions in the electricity … sector. One of the major challenges that must be addressed is the fluctuating supply of renewable electricity. We explore the … impact of cross-border electricity transfers on both the security of electricity supply and renewable electricity expansion …
Persistent link: https://www.econbiz.de/10013279908
major impediment to higher RES penetration often lies in the historically grown structures of a country's electricity sector … both reliable and affordable electricity. However, this focus on only two of the three horns of the energy trilemma, namely …-in into a fossil fuel future. In the last decades, several other countries have successfully restructured their electricity …
Persistent link: https://www.econbiz.de/10012422333
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 … 5.6 €/MWh and accurately reproduces the electricity production volumes for most thermal production units. In a case …
Persistent link: https://www.econbiz.de/10011810851
Electricity system operations are often affected by energy policies, but spatial differences in policy impacts are … difficult to model. We develop a method for estimating zonal supply curves in transmission-constrained electricity markets that … supply curves, each segment of which represents the influence of a particular fuel type on the zonal electricity price. Our …
Persistent link: https://www.econbiz.de/10014177040