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DIW Discussion Papers 1566 / 2016
This article proposes a new electricity storage business model based on multiple simultaneously considered revenue streams, which can be attributed to different market activities and players. These players thus share electricity storage resources and compete to obtain the right to use them in a dynamic allocation mechanism. It is based on the design of anew periodically organized auction to allocate ...
2016| Tom Brijs, Daniel Huppmann, Sauleh Siddiqui, Ronnie Belmans
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DIW Discussion Papers 1553 / 2016
Natural gas as a source of energy has attracted a lot of interest as its emissions rate and price are lower than other fossil fuel energy sources. In the U.S., natural gas-fired power generation has been rising, as coal has declined as a share of the fuel mix. Likewise, Mexico recently launched its energy reform with focus on greatly expanding use of natural gas over other fossil fuels, primarily in ...
2016| Felipe Feijoo, Daniel Huppmann, Larissa Sakiyama, Sauleh Siddiqui
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DIW Discussion Papers 1551 / 2016
We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and network. Implementing different cases of coordination in congestion management between national transmission system operators, numerical results show the beneficial impact of closer cooperation. Specific steps comprise the sharing of network and dispatch information, cross-border counter-trading, ...
2016| Friedrich Kunz, Alexander Zerrahn
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DIW Discussion Papers 1548 / 2016
The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic partial-equilibrium model. We consider de- tailed supply chain infrastructure with multiple crude oil qualities (supply), ...
2016| Lissy Langer, Daniel Huppmann, Franziska Holz
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DIW Discussion Papers 1540 / 2016
The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate how start-ups and related costs develop in Germany, where the share of fluctuating renewables quadruples ...
2016| Wolf-Peter Schill, Michael Pahle, Christian Gambardella
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DIW Discussion Papers 1529 / 2015
The interconnection among different choices by the same decision-maker is fairly well established in the literature. Along this line, this paper aims to identify how preferences for electromobility are affected by mode choices for regular trips. With this purpose in mind, a framework based on person- and alternative-specific error components (covariances) is proposed. The method aims to include individual-specific ...
2015| Francisco J. Bahamonde-Birke
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DIW Discussion Papers 1528 / 2015
This paper addresses the continuity of attitudinal and perceptual indicators in hybrid discrete choice models and the main objective of this work is to compare the consequences of treating the indicators as continuous or ordinal outcomes, given different assumptions about the way in which these are stated. Based on tradition and for computational reasons, such indicators are predominantly treated as ...
2015| Francisco J. Bahamonde-Birke, Juan de Dios Ortúzar
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DIW Discussion Papers 1527 / 2015
Although hybrid choice models are fairly popular nowadays, the way in which different types of latent variables are considered into the utility function has not been extensively analysed. Latent variables accounting for attitudes resemble socioeconomic characteristics and, therefore, systematic taste variations and categorizations of the latent variables should be considered. Nevertheless, categorizing ...
2015| Francisco J. Bahamonde-Birke, Juan de Dios Ortúzar
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DIW Discussion Papers 1521 / 2015
This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the energy-only market with different forms for national policy measures. We set up a two sector model where players can invest into various types of generation technologies including renewables, nuclear and Carbon Capture, Transport, and Storage (CCTS). For a detailed representation of ...
2015| Roman Mendelevitch, Pao-Yu Oei
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DIW Discussion Papers 1516 / 2015
The Netherlands have been a pivotal supplier in Western European natural gas markets in the last decades. Recent analyses show that the Netherlands would play an important role in replacing Russian supplies in Germany and France in case of Russian export disruption (Richter & Holz, 2015). However, the Netherlands have suffered from regular earthquakes in recent years that are related to the natural ...
2015| Franziska Holz, Hanna Brauers, Philipp M. Richter, Thorsten Roobeek