Generation Capacity Investments in Competitive Electricity Markets: A Preliminary Assessment after 10 years of Liberalization in Europe
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The electricity sector in Switzerland is undergoing important changes following the liberalisation process and the facilitation of renewable energy technologies. Furthermore, the phasing out of nuclear power will increase the demand for new domestic electr ...
Energy market liberalization is changing pricing mechanisms for wholesale electricity. This work shows that it is essential to appreciate and mirror these changes in the modeling of electricity markets for policy assessment. We develop a framework composed ...
Although the techniques for normal price prediction are well advanced, price spike prediction remains a challenge. The aim of this paper is to present a method to predict both normal day-ahead electricity prices as well as day-ahead price spikes using clas ...
For some time, regulatory reforms in Europe have aimed at electricity market liberalisation. One of the many consequences is that increasingly spot market transactions replace long- term contracts, thus redefining the way wholesale electricity prices are f ...
We study the effect of Demand-Response (DR) in dynamic real-time electricity markets. We use a two-stage market model that takes into account the dynamical aspects of generation, demand, and DR. We study the real-time market prices in two scenarios: in the ...
Several regulatory changes in Europe's electricity sector have stimulated competition in the market. National power companies, with monopolistic structures, have evolved into competitive entities, creating increased choices for consumers. Electricity price ...
We study the effect of Demand-Response (DR) in dynamic real-time electricity markets. We use a two-stage market model that takes into account the dynamical aspects of generation, demand, and DR. We study the real-time market prices in two scenarios: in the ...
Driven by the exponentially growing demand for capacity, it is already apparent that the next generation of telecommunication networks will be radically different from previous implementations; coherent detection along with powerful digital signal processi ...
Distribution systems are now fundamentally changing. This is due to the fact that a lot of small size dispersed generation units (DG) are expected to be installed at the distribution level, that is, in the medium voltage (MV) and low voltage (LV) networks ...
The intention of a single energy market in Europe is to have a sustainable, competitive, and secure supply of energy. However, the current rise in the cost of electricity supply is affecting the competitiveness of large industrial users. This has led large ...