Domestic Impacts of Renewable Energy Sources on Electricity Markets in Germany and Cross-Border Effects in Central Western Europe
Author: Fernando Oster
Publisher:
Published: 2018
Total Pages:
ISBN-13: 9783866246355
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Author: Fernando Oster
Publisher:
Published: 2018
Total Pages:
ISBN-13: 9783866246355
DOWNLOAD EBOOKAuthor: Fernando Oster
Publisher:
Published: 2017
Total Pages: 31
ISBN-13:
DOWNLOAD EBOOKAlongside the remarkable deployment of renewable energy sources for electricity in Europe the power markets are growing together. An analysis focusing not only on domestic but also on cross border impacts is therefore of interest. We consider the interaction between the electricity markets of France, Germany, the Netherlands and Belgium (Central Western Europe region or CWE) which are technically and economically closely connected. More precisely, we study the international impacts of renewable energy sources for electricity and quantify possible spillover effects on prices. We choose two different approaches to tackle the question: A toy model infers causal relationships and an econometric time series analysis with high frequency data quantifies the effects of interest. With rising renewable electricity production from wind and solar in different market areas, challenges in analysis arising from multicollinearities become more pronounced and are addressed. We find that renewable energy sources in one region indeed have a depressing impact on prices of bordering bidding zones even in countries which do not have direct physical interconnections. This effect is quantified in monetary units for the years between 2012 and 2015. The influence of German renewable energy sources over one year on the Netherlands, Belgium and France is of the same order of magnitude than the influence of the corresponding domestic renewables on the respective domestic markets.
Author: David Jacobs
Publisher: Routledge
Published: 2016-03-23
Total Pages: 313
ISBN-13: 1317066316
DOWNLOAD EBOOKThis book examines the coordination of renewable energy policies in the European Union using an innovative theoretical approach to explain national policy making. David Jacobs asks, why are national support instruments for electricity from renewable energy sources converging, even though the harmonisation of these frameworks at the European level has failed? Which causal mechanisms lead to cross-national policy similarities? And what are the implications for policy coordination in the EU? The author traces the evolution of feed-in tariffs - the most successful and most widely used support mechanism for renewable electricity - in Germany, Spain and France. He reveals increasing cross-national policy similarities in feed-in tariff design - despite the failure of harmonizing instruments at the European level. He explains these increasing policy similarities by applying policy convergence theory. Policy convergence can occur voluntarily, based on transnational communication, regulatory competition and technological innovations and these findings have important implications for European policy steering. The key to this book is the interrelation of an innovative theoretical concept (coordination of policies in the international arena via voluntary cooperation) with a very topical empirical research focus - the promotion of renewable energies in the EU. It will be essential reading for scholars and students of environmental policy, comparative politics and European studies.
Author: Andreas Coester
Publisher:
Published: 2022
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKRenewable electricity plays an increasingly important role in the effort to reduce CO2 emissions in the electricity sector. One of the major challenges that must be addressed is the fluctuating supply of renewable electricity. We explore the impact of cross-border electricity transfers on both the security of electricity supply and renewable electricity expansion. We focus on Spain and Germany due to the relative abundance of their country-specific renewable electricity sources (solar for Spain and wind for Germany). We develop an electricity market model that allows for cross-border electricity transfers by connecting country-specific electricity markets. We apply six policy scenarios aiming towards securing the electricity supply and renewable electricity expansion. Our simulation results show that cross-border electricity transfers postpone supply shortages in both countries. These shortages occur as a result of an increasing amount of low-marginal-cost renewable electricity, which, in turn, leads to a decrease in the electricity price, so that power plants cannot operate profitably. However, the postponement of these supply shortages is primarily achieved through an excess supply of German conventional power plants that are utilised to meet excess demand in Spain. Although this serves to reduce required government subsidies, it also leads to an increase in CO2 emissions.
Author: Onur Cagdas Artantas
Publisher: Springer Nature
Published: 2023-12-02
Total Pages: 213
ISBN-13: 3031447603
DOWNLOAD EBOOKThe global energy economy is undergoing a profound transformation, yielding several pivotal objectives. Foremost among these is mitigating greenhouse gas emissions and toxic pollutants. Another essential goal involves promoting more sustainable economies, thereby curbing material consumption and reducing our reliance on resource extraction. Further priorities include fostering energy security and economic resilience by reducing dependence on external energy sources. All these aims overlap in one common policy: accelerating the renewable energy capacity deployment. Complementing this paradigm shift is the complete electrification of economic activities and households, resulting in the need to incentivize green electricity generation. In this context, this book undertakes a comprehensive exploration of the regulatory framework underpinning the advancement of green electricity. After reviewing the political and economic dimensions, it offers an exhaustive analysis of ongoing developments in four legal domains: The WTO, EU, Germany, and Turkey. Furthermore, the book presents a legal analysis of the intricate interplay between the WTO and EU law coupled with the German and Turkish models. It focuses on the most topical and relevant issues, including the effect of the ongoing energy crisis on state aid for green electricity in the EU; WTO case law on local content requirement components of the promotion schemes; the intricate legal, economic, and political challenges that accompany Germany’s Energiewende and its phasing out of coal and nuclear energy; and Turkey’s regulatory endeavors to bolster its energy self-sufficiency strategy. Following a thorough examination encompassing theoretical, regulatory, and comparative aspects, the book moves beyond the applicable legal framework to make concrete proposals on the future design of green electricity promotion in Germany and Turkey so as to facilitate a rapid but socially equitable energy transition by incentivizing economic efficiency.
Author: Stephan Jäger
Publisher: GRIN Verlag
Published: 2009-11
Total Pages: 141
ISBN-13: 3640471040
DOWNLOAD EBOOKMaster's Thesis from the year 2009 in the subject Politics - International Politics - Topic: Globalization, Political Economics, grade: 1,8, University of Applied Sciences Essen, language: English, abstract: Renewable energies have become more and more important as energy sources in the recent decades and they will become even more significant further on: They reveal as the main hope for the worldwide energy supply in the future. The presented Master Thesis concentrates on their importance for electricity production in the strategy of E.ON in consideration of special comparison to RWE. Both companies are the greatest energy suppliers in Germany. The special focus of the work lies on the important as¬pects of internationalization and globalization. The aim is to show how the globaliza¬tion drivers affect on renewable energies for electricity production and what that means to the strategy of E.ON and RWE.
Author: Donna Peng
Publisher:
Published: 2017
Total Pages: 70
ISBN-13: 9781784670948
DOWNLOAD EBOOKAuthor: Karoline Steinbacher
Publisher: Springer
Published: 2018-06-06
Total Pages: 467
ISBN-13: 3658224967
DOWNLOAD EBOOKBased on close to two hundred interviews with decision-makers, government officials, and industry stakeholders, Karoline Steinbacher presents the first in-depth enquiry into Germany’s efforts of “exporting” its sustainable energy policies. The book closes the empirical gap in understanding how Germany’s leadership influences the transfer of renewable energy policy to three heterogeneous cases, namely Morocco, South Africa, and California.
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
Published: 2019-12-01
Total Pages: 289
ISBN-13: 9292602128
DOWNLOAD EBOOKThis report analyses the regional energy landscape, potential and costs, policy and investment needs, and expected socio-economic impact from a shift to renewables.
Author: Darryl R. Biggar
Publisher: John Wiley & Sons
Published: 2014-07-10
Total Pages: 493
ISBN-13: 1118775724
DOWNLOAD EBOOKBridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes