Showing 31 - 40 of 88,727
We present a novel method of determining the contribution of load-shifting Demand Response (DR) to energy and reserve markets. We model DR in an Mixed Complementarity Problem (MCP) framework with high levels of wind penetration. Investment, exit and operational decisions are optimised...
Persistent link: https://www.econbiz.de/10011763014
As redispatch costs and their associated distributional impacts continue to rise, the discussion on reconfiguring bidding zones in European power markets persists. However, determining an appropriate bidding zone configuration is a non-trivial task, as it must prove beneficial under varying...
Persistent link: https://www.econbiz.de/10014485600
reforms for coal, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of …
Persistent link: https://www.econbiz.de/10011850316
In this paper, we derive optimal hedging strategies for options in electricity futures markets. Optimality is measured … principle. Our explicit results are particularly useful for electricity retailers, who have sold an option to a client, and now … want to hedge the payoff of this option by investing into an electricity futures and into the issued option itself. Another …
Persistent link: https://www.econbiz.de/10013232821
to nodal pricing for efficient long-term cross-border electricity market due to higher uncertainties in the long …
Persistent link: https://www.econbiz.de/10014261991
In this article we derive risk-neutral option price formulas for both plain-vanilla and exotic electricity futures … also correlate electricity prices with outdoor temperature and treat a related pricing problem under supplementary … utility-maximizing portfolio selection and optimal consumption rates in electricity futures markets even under forward …
Persistent link: https://www.econbiz.de/10013065333
Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable … electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand … curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …
Persistent link: https://www.econbiz.de/10013383628
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...
Persistent link: https://www.econbiz.de/10013463571
, private investments in captive substations emerge as a coping mechanism against unreliable electricity supply. Lastly, an …
Persistent link: https://www.econbiz.de/10012662239
This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the … electricity consumption from 9.2 MWh per capita in 2010 to 8.6 MWh per capita in 2015. However, following a significant decline … since 2010, electricity consumption in the main New Zealand sectors is increasing. Energy conservation could play an …
Persistent link: https://www.econbiz.de/10012220234