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Challenges in achieving sustainable development goal 7: Affordable and clean energy in light of nascent technologies
The concerns about climate change mitigation, decarbonization in critical sectors, and
environmental pollution reduction have instigated a global surge in the use of renewables …
environmental pollution reduction have instigated a global surge in the use of renewables …
Review and analysis of investment decision making algorithms in long-term agent-based electric power system simulation models
Long-term electric power system planning models are frequently used to provide policy
support in the context of the ongoing transition towards a low-carbon electric power system …
support in the context of the ongoing transition towards a low-carbon electric power system …
[HTML][HTML] A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms
In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …
renewable energies, which has increased concerns about the security of electricity supply …
[HTML][HTML] How do demand response and electrical energy storage affect (the need for) a capacity market?
To ensure security of supply and incentivize reliable investment in generation capacity,
capacity markets (CMs) have been implemented or are being considered. However …
capacity markets (CMs) have been implemented or are being considered. However …
[HTML][HTML] Can an energy only market enable resource adequacy in a decarbonized power system? a co-simulation with two agent-based-models
Future power systems, in which generation will come almost entirely from variable
Renewable Energy Sources (vRES), will be characterized by weather-driven supply and …
Renewable Energy Sources (vRES), will be characterized by weather-driven supply and …
State or market: Investments in new nuclear power plants in France and their domestic and cross-border effects
F Zimmermann, D Keles - Energy Policy, 2023 - Elsevier
France wants to become carbon-neutral by 2050. Renewable energies and nuclear power
are expected to make the main contribution to this goal. However, the average age of …
are expected to make the main contribution to this goal. However, the average age of …
Exploring the impact of boundedly rational power plant investment decision-making by applying prospect theory
In liberalized electricity markets, empirical findings suggest that power plant investment
decision-making under uncertainty exhibits bounded rationality. This study leverages the …
decision-making under uncertainty exhibits bounded rationality. This study leverages the …
[HTML][HTML] The effectiveness of capacity markets in the presence of a high portfolio share of renewable energy sources
The effectiveness of a capacity market is analyzed by simulating three conditions that may
cause suboptimal investment in the electricity generation: imperfect information and …
cause suboptimal investment in the electricity generation: imperfect information and …
[HTML][HTML] An analysis of a forward capacity market with long-term contracts
We analyze the effectiveness of a forward capacity market (FCM) with long-term contracts in
an electricity market in the presence of a growing share of renewable energy. An agent …
an electricity market in the presence of a growing share of renewable energy. An agent …
[HTML][HTML] Can liberalised electricity markets support decarbonised portfolios in line with the Paris Agreement? A case study of Central Western Europe
We model the evolution of the Central Western Europe power system until 2040 with an
increasing carbon price and strong growth of variable renewable energy sources (vRES) for …
increasing carbon price and strong growth of variable renewable energy sources (vRES) for …