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If Europe is serious about climate change, it has to reduce its overall greenhouse gas emissions by 80% by 2050, thereby effectively going to a (near-) zero carbon energy and thus, electricity system. The European Climate Foundation, Eurelectric, and the International Energy Agency have...
Persistent link: https://www.econbiz.de/10009294801
Electricity storage is considered a valuable source of flexibility whose applications cover the whole electricity value chain. However, most of the existing evaluation methods for electricity storage are conceived for only one specific use of the storage, which often leads to the conclusion that...
Persistent link: https://www.econbiz.de/10008794490
The combination of the ambitious German greenhouse gas reduction goals in the power sector and the nuclear phase-out raises many questions concerning the operational security of the German electricity generation system. This paper focusses on the technical feasibility (electricity generation and...
Persistent link: https://www.econbiz.de/10011047432
Smart grids are considered important building blocks of a future energy system that facilitates integration of massive distributed energy resources like gas-fired cogeneration (CHP). The latter produces thermal and electric power together and as such reinforces the interaction between the gas...
Persistent link: https://www.econbiz.de/10010607645
This paper analyses the value and cost of line-pack flexibility in liberalized gas markets through the examination of the techno-economic characteristics of gas transport pipelines and the trade-offs between the different ways to use the infrastructure: transport and flexibility. Line-pack...
Persistent link: https://www.econbiz.de/10008794494
This paper uses the E-simulate model of electricity generation to estimate how much the stacking order of different technologies changes when a carbon price is introduced. Different coal and gas price scenarios are explored, and some sensitivity analysis is made of the relative market share of...
Persistent link: https://www.econbiz.de/10011015170
The creation of the EU ETS led to changes in the merit order of the different plants competing on the electricity grid, and in the fuel-switching opportunities in the UK. This country has the greatest potential for CO<SUB align="right"><SMALL>2</SMALL></SUB> emissions reduction through fuel-switching within the EU, thanks to its...</small></sub>
Persistent link: https://www.econbiz.de/10011015177
Persistent link: https://www.econbiz.de/10005313385
This paper presents the development of a method to determine the value of forecasting (for load, wind power, etc.) in electricity-generation. An adaptive unit commitment (UC) strategy has been developed for this aim. An electricity generator faces demand with a given uncertainty. Forecasts are...
Persistent link: https://www.econbiz.de/10008918959
Notwithstanding its variability and limited controllability, wind power is expected to contribute strongly to electricity generation from renewable energy sources in the coming decades. Treating wind power as non-dispatchable by subtracting its output from the original load profile, results in a...
Persistent link: https://www.econbiz.de/10008920004