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New renewable energy needs flexibility, which can be provided by storage-hydropower. Climate change affects the potential of this technology in both a negative and a positive way, on one hand by altering runoff, and on the other hand by creating new investment opportunity. This paper provides an...
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We apply duality methods of linear and convex programming to the problems of operation and rental valuation of facilities for conversion and storage of cyclically priced goods, e.g. , energy. Both problems are approached by shadow-pricing the stock (which is a purely intermediate commodity); and...
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National-scale energy systems optimisation models (ESOMs) have been limited in the past by the lack of sub-national data availability leading to aggregated treatment of spatial dynamics. This review paper first determines how a combination of supply and demand data requirements and...
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