Modelling Start-Up Costs of Multiple Technologies in Electricity Markets

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.

MoreLess

Year of publication:	2006
Authors:	Kuntz, Ludwig ; Müsgens, Felix
Publisher:	Köln : Institute of Energy Economics at the University of Cologne (EWI)
Subject:	Electricity Markets \| Energy Modelling

More details

Series:	EWI Working Paper ; 06.1
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	516354418 [GVK] hdl:10419/23156 [Handle]
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; Q41 - Demand and Supply
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263201