scholarly journals Economics of renewable energy expansion and security of supply: A dynamic simulation of the German electricity market

2018 ◽  
Vol 231 ◽  
pp. 1268-1284 ◽  
Author(s):  
Andreas Coester ◽  
Marjan W. Hofkes ◽  
Elissaios Papyrakis
Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3860
Author(s):  
Priyanka Shinde ◽  
Ioannis Boukas ◽  
David Radu ◽  
Miguel Manuel de Manuel de Villena ◽  
Mikael Amelin

In recent years, the vast penetration of renewable energy sources has introduced a large degree of uncertainty into the power system, thus leading to increased trading activity in the continuous intra-day electricity market. In this paper, we propose an agent-based modeling framework to analyze the behavior and the interactions between renewable energy sources, consumers and thermal power plants in the European Continuous Intra-day (CID) market. Additionally, we propose a novel adaptive trading strategy that can be used by the agents that participate in CID market. The agents learn how to adapt their behavior according to the arrival of new information and how to react to changing market conditions by updating their willingness to trade. A comparative analysis was performed to study the behavior of agents when they adopt the proposed strategy as opposed to other benchmark strategies. The effects of unexpected outages and information asymmetry on the market evolution and the market liquidity were also investigated.


Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3922
Author(s):  
Bernadette Fina ◽  
Hubert Fechner

The Renewable Energy Directive and the Electricity Market Directive, both parts of the Clean Energy for all Europeans Package (issued in 2019), provide supranational rules for renewable energy communities and citizen energy communities. Since national transpositions need to be completed within two years, Austria has already drafted corresponding legislation. This article aims at providing a detailed comparison of the European guidelines and the transposition into Austrian law. The comparison not only shows how, and to what extent, the European guidelines are transposed into Austrian law, but also helps to identify loopholes and barriers. The subsequent discussion of these issues as well as positive aspects of the Austrian transposition may be advantageous for legislators and policy makers worldwide in their process of designing a coherent regulatory framework. It is concluded that experts from different areas (i.e., project developers, scientists concerned with energy communities, energy suppliers and grid operators) should be closely involved in the law-making process in order to introduce different perspectives so that a consistent and supportive regulatory framework for energy communities is created.


2021 ◽  
Vol 26 ◽  
pp. 100448
Author(s):  
Saleh Sadeghi Gougheri ◽  
Hamidreza Jahangir ◽  
Mahsa A. Golkar ◽  
Ali Ahmadian ◽  
Masoud Aliakbar Golkar

2020 ◽  
pp. 1-28
Author(s):  
Johannes Saurer ◽  
Jonas Monast

Abstract The Federal Republic of Germany and the United States (US) have adopted different models for energy federalism. Germany allocates more authority to the federal government and the US relies on a decentralized cooperative federalism model that preserves key roles for state actors. This article explores and compares the relevance of federal legal structures for renewable energy expansion in both countries. It sets out the constitutional, statutory, and factual foundations in both Germany and the US, and explores the legal and empirical dimensions of renewable energy expansion at the federal and state levels. The article concludes by drawing several comparative lessons about the significance of federal structures for energy transition processes.


Energy Policy ◽  
2011 ◽  
Vol 39 (1) ◽  
pp. 215-227 ◽  
Author(s):  
Uwe Deichmann ◽  
Craig Meisner ◽  
Siobhan Murray ◽  
David Wheeler

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