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The European climate targets until 2050 require an adaptation of the generation portfolio in terms of renewable and fossil based generation. Assumptions on the timeline of the targets and the availability and costs of generation technologies are used in energy system models to optimize the cost...
Persistent link: https://www.econbiz.de/10010312833
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/10010318443
For the European Union to keep on track with its energy and climate targets, large investments are required in electricity generation, infrastructure and energy efficiency. The electricity sector takes the center stage. This article delivers an overview of several estimates of the investment...
Persistent link: https://www.econbiz.de/10010369536
The European electricity system is undergoing significant changes, not only with respect to developments in generation and networks but also the arrangements for the operation of the system. These are specified in the Network Codes endorsed by regulators, network operators and the European...
Persistent link: https://www.econbiz.de/10010421022
The upcoming Climate Change Conference in Paris will once again highlight the need for action to reduce global greenhouse gas emissions in order to mitigate climate change. The relevant global energy scenarios are often still based on the assumption that the expansion of nuclear power can...
Persistent link: https://www.econbiz.de/10011387996
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/10011390695
The European Union has set out to reduce the carbon intensity of its electricity generation substantially, as defined in the European Roadmap 2050. This paper analyses the impact of foresight towards decarbonization targets on the investment decisions in the European electricity sector using a...
Persistent link: https://www.econbiz.de/10012027073
This Data Documentation presents a dynamic investment and dispatch model for Europe named dynELMOD. The model endogenously determines investments into conventional and renewable power plants, different storage technologies including demand side management measures, and the electricity grid in...
Persistent link: https://www.econbiz.de/10011654963
The quality of electricity system modelling heavily depends on the input data used. Although a lot of data is publicly available, it is often dispersed, tedious to process and partly contains errors. We argue that a central provision of input data for modelling has the character of a public...
Persistent link: https://www.econbiz.de/10012488653
The nuclear power industry is faced with profound challenges- not only in Germany, but throughout Europe as well. New nuclear power plants are very expensive to build and even at high carbon prices, nuclear power is not competitive. Nevertheless, the EU reference scenario assumes that within the...
Persistent link: https://www.econbiz.de/10011562022