Modelling start-up costs of multiple technologies in electricity markets

by Ludwig Kuntz; Felix Müsgens

This paper analyzes the effects of start-up costs of different technologies in providing electricity power. We explicitly solve a simplified linear formulation of the dispatch problem. Transforming this primal problem, we show that dominated technologies should be used only in the case of limited availability of efficient technologies. Furthermore, we develop a 'pen and paper' algorithm to determine the optimal dispatch.

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Year of publication:	May 2006
Other Persons:	Kuntz, Ludwig (contributor) ; Müsgens, Felix (contributor)
Publisher:	Köln : Energiewirtschaftliches Inst. an der Univ. Köln
Subject:	Kraftwerk \| Power plant \| Anschaffungskosten \| Historical costs \| Technologiewahl \| Technology choice \| Energiemarkt \| Energy market \| Mathematische Optimierung \| Mathematical programming \| Theorie \| Theory

Extent:	Online-Ressource, 13 S., Text graph. Darst.
Series:	Working paper / EWI Energiewirtschaftliches Institut an der Universität zu Köln. - Köln : [Verlag nicht ermittelbar], ISSN 1862-3808, ZDB-ID 2120071-3. - Vol. 06.1
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003358931