Outlook of the EU energy system up to 2050: The case of scenarios prepared for European Commission's “clean energy for all Europeans” package using the PRIMES model

Capros, Pantélis; Kannavou, Maria; Evangelopoulou, Stavroula; Petropoulos, Apostolos; Siskos, Pelopidas; Tasios, Nikolaos; Zazias, Georgios; DeVita, Alessia

doi:10.1016/j.esr.2018.06.009

Cited by 143 publications

(142 citation statements)

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“…In this section, we present an application of the PRIMES-IEM model for a study aiming at assessing several policy options that were part of the proposal for electricity market design of the European Commission at the end of 2016 [14]. As the goal of the reform was to improve the internal market in integrating variable RES at a large scale, the study considered the EU policy scenario EUCO27 [3] as a basis for the assessment and has applied the modelling mainly for the year 2030. The EUCO27 scenario is the basic scenario used in the preparation of the "Clean Energy for all Europeans Package" [1], which focuses on 2030 as the year for which the policy package defines mandatory targets for renewables, efficiency and emissions reduction targets.…”

Section: Context Of the Model Applicationmentioning

confidence: 99%

“…In this transition process, the role of electricity is crucial to achieving carbon neutrality by 2050, thus putting the new electricity market design rules at the centre of the energy transition. The EU power system of the future, according to the EC's energy system scenarios for the EU [3] prepared by the PRIMES (price-induced market equilibrium system) model of E3MLab/NTUA [4], involves a vast penetration of renewables, especially variable renewables. Due to the intermittency of these resources, the expansion of variable renewables raises concerns regarding the adequacy of flexibility and reserve services, as discussed in [5], which are currently the subject of numerous studies, as in [6,7] among others.…”

Section: Introductionmentioning

confidence: 99%

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Modelling the EU Internal Electricity Market: The PRIMES-IEM Model

2019

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The paper presents a newly built model used to simulate the European Union (EU) internal electricity market and assess market reform policies. The model performs an hourly simulation of all stages of the wholesale markets at a Pan-European scale, covering the sequence of day-ahead, intra-day, and balancing/reserve auctions. The model includes market coupling in all market stages, estimates scarcity bidding by generators endogenously, and determines electricity trade as a flow-based allocation of interconnections via the market auctions implicitly. The model solves a unit-commitment program, formulated as a mixed-integer optimisation problem, under demand and generation constraints, interconnection possibilities, technical restrictions of the cyclic operation of power plants, and the provision of ancillary services. The novelty of this approach is the inclusion of distortions in all stages of the markets to evaluate the impacts of their removal, and the operation of the markets in a segmented versus an integrated manner in the EU. The model calculates revenues and costs per power plant in the EU on a country basis and the value of cross-border flows. The model evaluated market reform measures, including the abolishment of priority dispatch of renewable energy plants, the establishment of flow-based allocation of interconnectors without NTC limitations, the activation of demand response, and the market coupling in intra-day markets. The model application has been in the context of the electricity market design initiative included in the “Clean Energy for all Europeans” policy package proposed by the European Commission in 2016.

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Section: Context Of the Model Applicationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Modelling the EU Internal Electricity Market: The PRIMES-IEM Model

2019

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“…710)-and from the National Statistical Institutes of Belgium, China, Czech Republic, Hungary, India, Slovakia, Turkey and the United Kingdom. Some data on household energy consumption are taken from the EU Reference Scenario 2016 on energy, transport and GHG emissions containing trends to 2050 [42]; population demographics from United Nations projections [43]. As regards the government block, the main sources come from Eurostat datasets-the main datasets used are: "non-financial transactions" (nasa_10_nf_tr), "government revenue, expenditure and main aggregates" (gov_10a_main) and "government deficit/surplus, debt and associated data" (gov_10dd_edpt1)-, WIOD data, the OECD dataset on general government…”

Section: Sector Descriptionmentioning

confidence: 99%

Macroeconomic Effects of EU Energy Efficiency Regulations on Household Dishwashers, Washing Machines and Washer Dryers

et al. 2019

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Testing the relationship between economic performance and energy consumption is of utmost importance in nearly all countries. Taking the European Union as scope, this paper analyses the impacts of energy efficiency legislation on a selection of household appliances. In particular, it analyses the employment and value added impacts of the stricter energy efficiency requirements for dishwashers, washing machines, and washer dryers. To do so, this paper combines a bottom-up stock model with a macro-econometric dynamic general equilibrium model (FIDELIO) to quantify the direct and indirect value added and employment impacts in the European Union. The analysis shows that stricter energy efficiency requirements on household dishwashers, washing machines, and washer dryers have a net negative macroeconomic impact on value added (roughly 0.01 % of the total European Union value added) and a slightly net positive impact on employment. In fact, the regulations cause a shift in the composition of the household consumption basket that seems to favor labor-intensive industries.

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“…The time horizon defined in the EU Directive is 2020 [12,13]. However, the plans of the European Commission for the next decade are already pointing to the definition of new, more rigorous goals as well as the gradual withdrawal from conventional energy in favor of renewable energy sources [14,15].…”

Section: Introductionmentioning

confidence: 99%

Capacity Market Implementation in Poland: Analysis of a Survey on Consequences for the Electricity Market and for Energy Management

et al. 2019

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The power sector is currently experiencing a dynamic transformation, resulting not only from EU directives, but also from current problems, mainly related to ensuring energy security for customers. For this reason, in Poland, it was decided that the model of electricity market operation needed to be changed. A dual market has been created, and a separated segment is the capacity market. This solution operates, in addition to other power mechanisms, in many European Union countries, e.g., in France, Great Britain, and Italy. The experience of these countries indicates the positive impact of the power market on various aspects of the power sector, such as legal, economic, technical and technological, social, and infrastructural aspects, mainly due to technological neutrality and open competition between power suppliers. The creation of the structure of an energy market drastically changes the rules of energy management, which requires investigations concerning the impact of those factors on the energy sector in Poland. The aim of this work is to examine the impact of the power market on the Polish power sector, and to determine the impact of individual consequences on several predefined areas. For this purpose, a questionnaire survey was used. The purpose of a detailed analysis is to develop probable scenarios for the sustainable development of the Polish energy sector.

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Outlook of the EU energy system up to 2050: The case of scenarios prepared for European Commission's “clean energy for all Europeans” package using the PRIMES model

Cited by 143 publications

References 0 publications

Modelling the EU Internal Electricity Market: The PRIMES-IEM Model

Modelling the EU Internal Electricity Market: The PRIMES-IEM Model

Macroeconomic Effects of EU Energy Efficiency Regulations on Household Dishwashers, Washing Machines and Washer Dryers

Capacity Market Implementation in Poland: Analysis of a Survey on Consequences for the Electricity Market and for Energy Management

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