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1. Introduction -- 2. Electricity distribution networks and decentralisation paradigm -- 3. The evolving role of distribution networks: from network operator to system operator to platform provider -- 4. Regulated charges for access to and utilisation of networks -- 5. Improving efficiency:...
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Self-supply can destabilize the finance of a distribution network. This paper analyses under which circumstances the tariff structure of a distribution network is stable or unstable under pressure of self-supply and provides recommendation how to change the tariff structure to restore stability...
Persistent link: https://www.econbiz.de/10012660768
The global energy landscape is undergoing a major transformation, upending decades of economic thinking built around resource scarcity. Unlike fossil fuels – continuously extracted from finite, geographically fixed deposits – renewable energy revolves around manufacturing technology that...
Persistent link: https://www.econbiz.de/10015396302
Smart contracts based on voluntary participation and optionality can be a low transaction cost solution to implement locational signals in distribution networks and thereby avoid network investment. This paper examines the efficiency properties of smart contracts. Based on a three-node example...
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The higher cost of green hydrogen in comparison to its competitors is the most important barrier to its increased use. Although the cost of renewable electricity is considered to be the key obstacle, challenges associated with electrolysers are another major issue that have important...
Persistent link: https://www.econbiz.de/10012802078
A concern persistent in scarcity-based market designs for electricity over many years has been the illiquidity of markets for long-term contracts to hedge away volatile price exposures between generators and consumers. These missing markets have been attributed to a range of factors including...
Persistent link: https://www.econbiz.de/10014519280