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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...
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renewable subsidy is always positive but tends to decrease as electricity production becomes less reliant on fossils. The …We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils …, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when …
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renewable subsidy is always positive but tends to decrease as electricity production becomes less reliant on fossils. The …We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils …, intermittent renewables like wind or solar, and storage. We determine optimal subsidies for renewables and storage capacities when …
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-best solution. This is also the case for an electricity consumption tax that is supplemented by subsidies for renewables and a tax … and storage capacities when carbon pricing is imperfect. The subsidy rate for renewables decreases as electricity …We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils …
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