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Hydropower (HP) is expected to play an important role in the European energy transition by providing back-up and storage capacity as well as flexibility for intermittent renewable energies. However, due to low electricity market prices the profitability of HP decreased in recent years. In this...
Persistent link: https://www.econbiz.de/10011781835
Swiss Hydropower (HP) is currently facing a wide range of challenges that have initiated a debate about future prospects and its role within the envisioned energy transition. Building on this debate, this paper provides an overview of the status and prospects of Swiss HP by identifying and...
Persistent link: https://www.econbiz.de/10011569600
The NRP70 project "The Future of Swiss Hydropower: An Integrated Economic Assessment of Chances, Threats and Solutions" (HP Future) has been initiated in 2014 with the objective to identify options for Swiss hydropower (HP) to adopt to the ongoing and expected electricity system changes. The...
Persistent link: https://www.econbiz.de/10012022966
Natural gas plays an important role in many European energy systems especially with regard to the envisioned transition towards a less carbon intensive energy supply. Being dependent on imports - especially from Russia - this raises questions about the future development and security of Europe's...
Persistent link: https://www.econbiz.de/10012061862
In an electricity system, demand and supply have to be balanced in real time. Since most energy is traded before real time already in forward, day-ahead and intraday markets imbalances can occur. To ensure the balance between demand and supply even if power plants deviate from their schedules,...
Persistent link: https://www.econbiz.de/10012061865
The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been thoroughly discussed, the effect of an overlapping instrument on the abatement...
Persistent link: https://www.econbiz.de/10009717265
In this survey paper, we bring together the insights from six country case studies on decommissioning commercial nuclear power plants (NPPs). Nuclear decommissioning has often been overlooked in past literature but will gain relevance in future research as more and more NPPs reach the ends of...
Persistent link: https://www.econbiz.de/10013549691
The U.S. nuclear industry has overcome a challenging period during which low wholesale market prices threatened the survival of nuclear power plants (NPPs). From 2017 to 2019, several U.S. states initiated out-of-market support schemes to bolster the financial conditions of NPPs. This paper...
Persistent link: https://www.econbiz.de/10015211481
Reducing energy demand and increasing energy efficiency are seen as major elements of the ongoing transformation of energy systems in multiple national and international programs like the EU 20-20-20 targets. Despite the predominately socio-economic nature of energy demand such interdisciplinary...
Persistent link: https://www.econbiz.de/10010232413
The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for...
Persistent link: https://www.econbiz.de/10010232414