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Persistent link: https://www.econbiz.de/10011813032
Most of today's consumed energy can be categorized as either electrical, chemical or thermal. Traditionally, the infrastructures for the supply with these energy forms have been engineered separately, often resulting in parallel but uncoordinated supply infrastructures. Various new technologies...
Persistent link: https://www.econbiz.de/10011055369
This paper puts forward the vision that a natural future stage of the electricity network could be a grid spanning the whole planet and connecting most of the large power plants in the world: this is the “Global Grid”. The main driving force behind the Global Grid will be the harvesting of...
Persistent link: https://www.econbiz.de/10011044079
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This paper presents and briefly evaluates some existing government instruments and market schemes which support the development of renewable energy generation. The brief evaluation focuses on the incentives provided by the various instruments to reduce production costs. The instruments and...
Persistent link: https://www.econbiz.de/10011046231
Real-time balancing of mismatches between consumption and production is one of the key elements for the secure operation of power systems. This takes place within the framework of ancillary services managed by respective national transmission system operating companies. The objective of this...
Persistent link: https://www.econbiz.de/10011047372
Plug-in hybrid electric vehicles (PHEVs) represent one option for the electrification of private mobility. In order to efficiently integrate PHEVs into power systems, existing organizational structures need to be considered. Based on procedures of power systems planning and operation, actors are...
Persistent link: https://www.econbiz.de/10008863667
Wind power has seen strong growth over the last decade and increasingly affects electricity spot prices. In particular, prices are more volatile due to the stochastic nature of wind, such that more generation of wind energy yields lower prices. Therefore, it is important to assess the value of...
Persistent link: https://www.econbiz.de/10010939777
The European Union aims to reduce greenhouse gas emissions by 80–95% in 2050 compared to 1990 levels. The transition towards a low-carbon economy implies the almost complete decarbonization of Europe's power sector, which could be achieved along various pathways. In this paper, we evaluate the...
Persistent link: https://www.econbiz.de/10011039700
A strong and intermeshed electricity grid allows the cost-efficient achievement of renewable energy targets by enabling the use of favorable sites and by facilitating the balancing of stochastic infeed from renewables and electricity demand. However, construction of new lines is currently...
Persistent link: https://www.econbiz.de/10011040750