Direkt zur Hauptnavigation springen Direkt zum Inhalt springen
info(at)avldigital.remove-this.de
Deutsch English
Filtern nach
Aktive Filter
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 2 von 2.

  1. The relationship between day-ahead and futures prices in the electricity markets
    an empirical analysis on Italy, France, Germany and Switzerland
    Autor*in: Bonaldo, Cinzia; Caporin, Massimiliano; Fontini, Fulvio
    Erschienen: [2021]
    Verlag:  Università degli studi di Padova, dSEA, [Padova]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 653
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Marco Fanno working papers ; 272 (March 2021)
    Schlagworte: electricity; prices; futures; spot; risk premium
    Umfang: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  2. The energy transition and the value of capacity remuneration mechanisms
    Autor*in: Bonaldo, Cinzia; Fontini, Fulvio; Moretto, Michele
    Erschienen: July 2022
    Verlag:  Fondazione Eni Enrico Mattei, Milano, Italia

    Capacity Remuneration Mechanisms (CRM) can be used in power markets to overtake market failures, reaching security of supply. However, investment in capacity is a dynamic process, that depends on the evolution of prices and costs overtime. In our... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 125
    Fernleihe:
    keine Fernleihe

     

    Capacity Remuneration Mechanisms (CRM) can be used in power markets to overtake market failures, reaching security of supply. However, investment in capacity is a dynamic process, that depends on the evolution of prices and costs overtime. In our paper we study the capacity remuneration value through a CRM depending on three possible different technologies that participate to the market: a Variable Renewable Energy (VRE) source; a thermal efficient plant (i.e. Combine Cycle Gas Turbine) and a brown plant (i.e. coal). We shall see that these three types of capacities can be framed by means of a common theoretical framework, whose level of complexity increases as the uncertainty rises, moving from the simplest scheme (VRE technology) to the most complex one (coal power plant). For these different technological provisions, we consider how to evaluate them focusing on their investment value by adopting a stochastic approach; we first provide a theoretical framework and then sensitivity analysis and calibration results. We show that for all three technology considered the effect of the CRM is to cap the firm revenues and as consequence it decreases their value.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/263904
    Schriftenreihe: Working paper / Fondazione Eni Enrico Mattei ; 2022, 16
    Schlagworte: energy transition; capacity remuneration mechanism; price cap; renewable energies; investment value
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen