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ELECTRICITY MARKET MODELLING (5) answer(s).
 
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1
ID:   150867


Estimating the electricity prices, generation costs and CO2 emissions of large scale wind energy exports from Ireland to Great B / Cleary, Brendan; Duffy, Aidan ; Bach, Bjarne ; Vitina , Aisma   Journal Article
Cleary, Brendan Journal Article
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Summary/Abstract The share of wind generation in the Irish and British electricity markets is set to increase by 2020 due to renewable energy (RE) targets. The United Kingdom (UK) and Ireland have set ambitious targets which require 30% and 40% of electricity demand to come from RE, mainly wind, by 2020, respectively. Ireland has sufficient indigenous onshore wind energy resources to exceed the RE target, while the UK faces uncertainty in achieving its target. A possible solution for the UK is to import RE directly from large scale onshore and offshore wind energy projects in Ireland; this possibility has recently been explored by both governments but is currently on hold. Thus, the aim of this paper is to estimate the effects of large scale wind energy in the Irish and British electricity markets in terms of wholesale system marginal prices, total generation costs and CO2 emissions. The results indicate when the large scale Irish-based wind energy projects are connected directly to the UK there is a decrease of 0.6% and 2% in the Irish and British wholesale system marginal prices under the UK National Grid slow progression scenario, respectively.
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2
ID:   150868


Estimating the electricity prices, generation costs and CO2 emissions of large scale wind energy exports from Ireland to Great B / Cleary, Brendan; Duffy, Aidan ; Bach, Bjarne ; Vitina, Aisma   Journal Article
Cleary, Brendan Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract The share of wind generation in the Irish and British electricity markets is set to increase by 2020 due to renewable energy (RE) targets. The United Kingdom (UK) and Ireland have set ambitious targets which require 30% and 40% of electricity demand to come from RE, mainly wind, by 2020, respectively. Ireland has sufficient indigenous onshore wind energy resources to exceed the RE target, while the UK faces uncertainty in achieving its target. A possible solution for the UK is to import RE directly from large scale onshore and offshore wind energy projects in Ireland; this possibility has recently been explored by both governments but is currently on hold. Thus, the aim of this paper is to estimate the effects of large scale wind energy in the Irish and British electricity markets in terms of wholesale system marginal prices, total generation costs and CO2 emissions. The results indicate when the large scale Irish-based wind energy projects are connected directly to the UK there is a decrease of 0.6% and 2% in the Irish and British wholesale system marginal prices under the UK National Grid slow progression scenario, respectively.
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3
ID:   125508


Modelling the impact of EVs on electricity generation, costs an: assessing the impact of different charging regimes and future generation profiles for Ireland in 2025 / Calnan, P; Deane, J P; Gallachoir, B P O   Journal Article
Deane, J P Journal Article
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Publication 2013.
Summary/Abstract This paper focuses on the impact of electric vehicles on electricity generation in Ireland in 2025 based on five alternative generation portfolios. The year 2025 was selected for assessment due to the information on the composition of the five generation portfolios from Eirgrid the system operator in Ireland being provided. Detailed market simulations were undertaken on the five possible generation portfolios to assess the impact of the Government targets for electric vehicles on the generation costs, emissions, generation stack and the cost to load of this additional demand. This paper also studied the impact between a standard and least cost electric vehicle loading regime to ascertain the benefits that could be achieved. The results show that gas will be the dominant source of electricity generation to load electric vehicles and that wind as an electricity source will experience a minor reduction in curtailment, with the least cost charging profile showing a more pronounced reduction. The capital benefits of the Standard and Least Cost EV load are found to be negligible. The portfolios studied generated CO2 emissions per kilometre between 52 and 70 gCO2/km. All portfolios with the exception of coal were found to comply with EU regulation 443/2009.
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4
ID:   150445


Reference forecast of the German energy transition—an outlook on electricity markets / Knaut, Andreas; Tode, Christian ; Lindenberger, Dietmar ; Malischek, Raimund   Journal Article
Lindenberger, Dietmar Journal Article
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Summary/Abstract The enactment of the Energy Concept by the German Government in 2010 set ambitious targets for the future energy transition in Germany. The most prominent goals include a greenhouse gas (GHG) emission reduction of the economy and an increase in the share of renewable energy in the whole energy sector. Since the long run effects of these policy measures are hard to assess, science-based policy evaluation methods are needed to identify weak points and areas with a need for action. This paper presents the results of the German Energy Reference Forecast with a focus on the electricity sector. It is based on an investment and dispatch model for the European electricity sector over the planning horizon of the ‘Energiewende’ up to 2050, with an emphasis on the time period up to 2030. We find that almost all targets of the German ‘Energiewende’ are not reached, for the case in which no further measures are undertaken. In particular reductions in GHG emissions fall short to the target value. Contrary to the negative results, e.g., regarding GHG-emissions as well as gross electricity consumption, generation from renewable energy sources will exceed the policy's target value.
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5
ID:   096116


Renewable energy sources in European energy supply and interact / Most, Dominik; Fichtner, Wolf   Journal Article
Most, Dominik Journal Article
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Publication 2010.
Summary/Abstract This paper presents a model-based approach, which allows to determine the optimised structure and operation of the EU-15 electricity supply under different political and economic framework conditions, with a focus on the integration of renewable energy sources for electricity generation (RES-E) in the EU-15 countries. The approach is designed to take into account the characteristics of power production from both renewable and conventional sources, including the technological and economic characteristics of existing plants as well as those of future capacity expansion options. Beyond that, fuel supply structures are modelled, as well as the international markets for power and CO2-certificates with their restrictions. Thus, a profound evaluation of the exploitation of mid-term renewable potentials and an assessment of the market penetration of the various renewable power generation technologies under the (normative) premise of a cost-optimised evolution of the power system becomes possible. Results show that a promotion of renewable energies reduces the scarcity of CO2-emission allowances and thus lowers marginal costs of CO2 reduction up to 30% in 2030. Despite the higher overall costs, a diversification of the energy resource base by RES-E use is observed, as primarily natural gas and nuclear fuels are replaced.
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