In northern Europe, wind energy has become a dominate renewable energy source, due to natural conditions and national support schemes. However, the uncertainty about wind generation affects existing network infrastructure and power production planning of generators, which cannot be fully diminished by wind forecasts. In this paper we develop a stochastic electricity market model to analyze the impact ...
Die Kosten der geplanten unterirdisch verlegten Hochspannungs-Gleichstrom-Übertragungsleitung (HGÜ) zwischen Spanien und Frankreich übersteigen die Investitionskosten einer vergleichbaren Wechselstrom-Freileitung. Die Frage stellt sich, ob die Mehrkosten mit ausreichendem Zusatznutzen für die Gesellschaft, wie zum Beispiel erhöhter Versorgungssicherheit, zu rechtfertigen sind. Aus diesem Grund wurden ...
Globally installed wind power capacity has grown tremendously since 2000. This study focuses on the local economic impacts of wind power deployment. A theoretical model shows that wind power deployment is not necessarily driven by locally-accruing economic payoffs, but also by other factors such as emphasis on environmentally-friendly energy production and its associated benefits. The theoretical analysis ...
Die Umsetzung der Energiewende erfordert einen weiteren Ausbau von Windkraft und Photovoltaik in Deutschland. Die Stromerzeugungsmöglichkeiten beider Technologien schwanken stark je nach Wetterlage, Tages- und Jahreszeit. So kann es dazu kommen, dass temporär mehr Strom produziert wird, als zu diesem Zeitpunkt verbraucht werden kann. Das DIW Berlin hat anhand ausgewählter Zukunftsszenarien untersucht, ...
In this paper, we use the Global Gas Model to analyze the perspectives and infrastructure needs of the European natural gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are envisaged: i) a decreasing natural gas consumption, along the results of the PRIMES model for the EMF decarbonization scenarios; ii) a moderate increase of natural gas ...
The sustainability of the financial markets is a requirement that has only appeared on the economic policy agenda very recently, whereas a stable financial system has been a declared goal for decades. The relationship between sustainability and stability is, however, still unclear. The two terms are often used synonymously but stability is only one part of sustainability. The following outlines the ...