ELMOD - A Model of the European Electricity Market

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Juan Rosellón (CIDE and DIW Berlin) Jonas Egerer (TU Dresden) Terms of use: Documents in AbstractWe study the performance of different regulatory approaches for the expansion of electricity transmission networks in the light of realistic demand patterns and fluctuating wind power. In particular, we are interested in the relative performance of a combined merchant-regulatory mechanism compared to a cost-based and a merchant-like approach. In contrast to earlier research, we explicitly include both an hourly time resolution and fluctuating wind power, which allows representing demand in a very realistic way. This substantially increases the real-world applicability of results compared to previous analyses, which were based on simplifying assumptions. We show that a combined merchant-regulatory regulation, which draws on a cap over the two-part tariff of the Transco, leads to welfare outcomes far superior to the modeled alternatives. This result proves to be robust over a range of different cases and sensitivity analyses. We also find that the intertemporal rebalancing of the two-part tariff carried out by the Transco so as to expand the network is such that the fixed tariff part turns out to be relatively large compared to extension costs.

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“…developed by Schweppe et al 1988 (compare also Leuthold et al 2008). Note that equations (1.2)-(1.9) must be satisfied in every single hour .…”

Section: The Modelmentioning

confidence: 97%

Regulated Expansion of Electricity Transmission Networks: The Effects of Fluctuating Demand and Wind Generation

2011

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“…The grid model used in this paper comes from the ELMOD model and consists of 26 zones and 159 lines [28]. The electricity grid is represented by a DC power flow network.…”

Section: System Descriptionmentioning

confidence: 99%

Cycling of conventional power plants: Technical limits and actual costs

Bergh

Delarue

2015

Energy Conversion and Management

135

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“…The precise quantification of power consumption on NUTS 3 level is obtained from the gross value added in the cases of the service sector and the industrial sector. In the case of the domestic sector, population numbers serve as the basis of calculation [27]. The presumption is that the ratio of the gross value added of a certain NUTS 3 unit to the overall gross value added (NUTS 0 unit) corresponds to the ratio of power consumption of a NUTS 3 unit to the overall power consumption (NUTS 0).…”

Section: Centers Of Power Consumptionmentioning

confidence: 99%

Intercontinental cross-linking of power supply - calculating an optimal power line corridor from North Africa to Central Europe

Walter

Bosch

2013

Energ Sustain Soc

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Background: An oversupply of solar radiation in Northern Africa as well as high energy consumption in the economic centers of Central Europe give reason to an international cross-linking of regenerative power supply. A fundamental precondition for this purpose is the development of high-capacity power lines. By this means only, the energy can be economically transferred from the sites of its production to the far-off centers of energy consumption. To date, however, there is little knowledge about how to identify the ideal course of the power line corridor. This study therefore presents a method enabling spatial optimization of the power transfer between North Africa and Europe.

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ELMOD - A Model of the European Electricity Market

Cited by 39 publications

References 27 publications

Regulated Expansion of Electricity Transmission Networks: The Effects of Fluctuating Demand and Wind Generation

Regulated Expansion of Electricity Transmission Networks: The Effects of Fluctuating Demand and Wind Generation

Cycling of conventional power plants: Technical limits and actual costs

Intercontinental cross-linking of power supply - calculating an optimal power line corridor from North Africa to Central Europe

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