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, including gas-fired power plants, pumped hydro storage, and transmission lines. We find that geographically optimized power …, storage and transmission requirements significantly increase. In an alternative scenario with larger investments into storage … a no-regret strategy from a system perspective. Additional transmission and storage investments may not only foster …
Persistent link: https://www.econbiz.de/10013050101
Persistent link: https://www.econbiz.de/10011325809
This paper examines the impact on transmission investment of the transition away from central planning by vertically … regulatory background of the new ISOs and the unbundled transmission sector, the paper maps ISO regions, states, and cost regions … transmission investment behavior on behalf of the formerly vertically integrated sub-regions. However, utilities eventually gain …
Persistent link: https://www.econbiz.de/10014201988
While the economic literature has yet to establish whether greater electricity consumption leads to faster economic growth, or vice versa, it is widely accepted that the better provision of electricity can enable pro-poor growth. Because electricity consumption is expected to grow in emerging...
Persistent link: https://www.econbiz.de/10011374148
Driven by fear of underinvestment in network assets, merchant investment in electricity transmission networks (MTI) is …
Persistent link: https://www.econbiz.de/10005489362
This paper develops a two-country model of intraindustry trade with trade costs, which can be reduced by public investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and international distribution of manufacturing firms,...
Persistent link: https://www.econbiz.de/10013314918
fluctuating renewables or new (battery) storage technologies, and iii) exchange of balancing reserves between balancing zones. The …, storage capacity withholding duration and additional balancing demand from RES are the main driver of balancing costs … for the provision of positive reserves. However, only on very few occasions, additional storage investments are required …
Persistent link: https://www.econbiz.de/10011635894
into various types of generation technologies including renewables, nuclear and Carbon Capture, Transport, and Storage … transport and CO2 storage including the option for CO2 enhanced oil recovery (CO2-EOR). The players maximize their expected …
Persistent link: https://www.econbiz.de/10013011317
Persistent link: https://www.econbiz.de/10013077298
In many situations the individuals who can generate some output must enter a contest for appropriating this output. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...
Persistent link: https://www.econbiz.de/10010307034