Showing 1 - 10 of 18
The management of congestion within the German electricity transmission network has become more important during the last years. This emerging relevance is caused by the increase of renewable generation and the partial phaseout of nuclear power plants. Both developments yield a change in the...
Persistent link: https://www.econbiz.de/10010655930
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/10011198618
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage...
Persistent link: https://www.econbiz.de/10010783988
A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how...
Persistent link: https://www.econbiz.de/10011128855
The North and Baltic Sea Grid is one of the largest pan-European infrastructure projects raising high hopes regarding the potential of harnessing large amounts of renewable electricity, but also concerns about the implementation in largely nationally dominated regulatory regimes. The paper...
Persistent link: https://www.econbiz.de/10010784002
Integrating large quantities of supply-driven renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the...
Persistent link: https://www.econbiz.de/10009353421
In northern Europe wind energy has become a dominating renewable energy source due to natural conditions and national support schemes. However, the uncertainty about wind generation affects existing network infrastructure and power production planning of generators and cannot not be fully...
Persistent link: https://www.econbiz.de/10010659949
We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with different implications on network congestion, assuming that a shift from...
Persistent link: https://www.econbiz.de/10011128833
We analyze future scenarios of integrating electric vehicles (EV) into the German power system, drawing on different assumptions on the charging mode. We use a numerical dispatch model with a unit-commitment formulation which minimizes dispatch costs over a full year. While the overall energy...
Persistent link: https://www.econbiz.de/10011185754
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/10010896175