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This paper addresses German energy policy instruments and their compatibility with WTO rules. Germany and the EU are forerunners in international climate change policy and driving forces behind the 1997 Kyoto Protocol. German energy policy includes approaches to foster electricity generation...
Persistent link: https://www.econbiz.de/10011438989
We analyze distinctive investment scenarios for the integration of fluctuating renewables in the German power system. Using a combined model for dispatch, transmission, and investment, three different investment options are considered, including gas-fired power plants, pumped hydro storage, and...
Persistent link: https://www.econbiz.de/10010400745
Our paper deals with modeling the effects of introducing a market-based tool for improving end-users' efficiency in an … energy demand achieves its underlying objects of energy savings and energy efficiency solely at the expense of other goals … such as the environmental efficiency of energy production. In our model, the implementation of a market for White …
Persistent link: https://www.econbiz.de/10003746626
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In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The most prominent support scheme employed is a feed-in tariff, which guarantees a fixed price for electricity produced by renewable energies sources, usually for around 15 years...
Persistent link: https://www.econbiz.de/10011453675
We develop a dispatch and investment model to study the role of power storage and other flexibility options in a greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to arbitrage, dispatchable capacity, and reserves. In a baseline...
Persistent link: https://www.econbiz.de/10010496919
Germany changed renewable remuneration for wind power from a fixed Feed-In Tariff (FIT) to a floating Market Premium Scheme (MPS) in 2012. One aim of this adjustment was to better align the supply of generated wind electricity with the demand for it, e.g. through more system-friendly wind...
Persistent link: https://www.econbiz.de/10011280010
The German support for renewable energies in the electricity sector is based on the feed-in tariff for investors that grants guaranteed revenues for their renewable energy supply. Corresponding to differences of granted tariffs and respective market values, a surcharge on consumption covers...
Persistent link: https://www.econbiz.de/10010479923
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