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Author: Pfluger, Benjamin
Publisher: KIT Scientific Publishing
ISBN: 3731501333
Category :
Languages : en
Pages : 247
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Book Description
Author: Pfluger, Benjamin
Publisher: KIT Scientific Publishing
ISBN: 3731501333
Category :
Languages : en
Pages : 247
Get Book
Book Description
Author: Benjamin Pfluger
Publisher:
ISBN: 9781013281624
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
This work analyses technological least-cost pathways for deep emission reductions in the European power sector. It seeks a better understanding of the role renewable energies play in the transformation process up to 2050. Therefore, a model is developed which optimises capacity expansion and hourly dispatch of both conventional and renewable power generation, transmission grids and storage facilities in all hours of the analysed years. The model is applied to four long-term scenarios. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.
Author: Mihai Tomescu
Publisher:
ISBN: 9789292138103
Category :
Languages : en
Pages : 79
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Book Description
Europe and the global community are committed to a low-carbon future, a goal to be reached by mid-century. In 2009, the European Council set an objective to reduce EU-wide emissions of greenhouse gases (GHGs) to 80-95 % of the 1990 levels by 2050 (European Council, 2009). The electricity generating sector is at the heart of Europe's decarbonisation strategy and it is also the focus of this report. To date, power generation remains the largest GHG-emitting sector in Europe, being responsible for roughly one third of all energy-related GHG emissions and more than half of the verified emissions under the EU Emissions Trading Scheme (ETS) (EEA, 2015a; IEA, 2015). According to the European Commission's Energy Roadmap 2050, by mid-century, the currently available climate mitigation options can deliver a cost-effective decarbonisation of the power sector of 90-98 % compared with 2005 (EC, 2011c). To reach this goal, however, a fundamental change in the composition of Europe's electricity sector will be needed. With fossil fuels still contributing to roughly half of the electricity generated in Europe, moving away from a carbon‐intensive power supply over the next few decades will require a commitment to increase investment in clean technology, restructure the fossil fuel energy infrastructure and ensure a secure and affordable power supply. In this context, this report fills an important information gap by looking at: • the theoretical evolution of fossil fuel capacity by 2030 in the absence of strong drivers to counter present trends; • how this hypothetical evolution would fit in with the need to create a qualitatively different EU power sector by 2030 and beyond, in line with EU climate goals. The concept of 'lock-in' has been extensively used to study the effects of path dependencies and reinforcing effects in the context of transition studies. With regard to the energy system, lock-ins are usually understood as mechanisms inhibiting the diffusion and adoption of carbon-saving technologies (Klitkou, 2015; Frantzeskaki and Loorbach, 2010; Unruh, 2000). Throughout this report, the term 'lock-in' is used to refer to situations where the amount of fossil fuel capacity could exceed the levels that correspond to the EU's long-term decarbonisation objectives according to selected Energy Roadmap 2050 scenarios.
Author: Leigh Hancher
Publisher: OUP Oxford
ISBN: 0191066176
Category : Law
Languages : en
Pages : 400
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Book Description
Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.
Author: Mihai Tomescu
Publisher:
ISBN: 9789292138097
Category :
Languages : en
Pages : 79
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Book Description
Europe and the global community are committed to a low-carbon future, a goal to be reached by mid-century. In 2009, the European Council set an objective to reduce EU-wide emissions of greenhouse gases (GHGs) to 80-95 % of the 1990 levels by 2050 (European Council, 2009). The electricity generating sector is at the heart of Europe's decarbonisation strategy and it is also the focus of this report. To date, power generation remains the largest GHG-emitting sector in Europe, being responsible for roughly one third of all energy-related GHG emissions and more than half of the verified emissions under the EU Emissions Trading Scheme (ETS) (EEA, 2015a; IEA, 2015). According to the European Commission's Energy Roadmap 2050, by mid-century, the currently available climate mitigation options can deliver a cost-effective decarbonisation of the power sector of 90-98 % compared with 2005 (EC, 2011c). To reach this goal, however, a fundamental change in the composition of Europe's electricity sector will be needed. With fossil fuels still contributing to roughly half of the electricity generated in Europe, moving away from a carbon‐intensive power supply over the next few decades will require a commitment to increase investment in clean technology, restructure the fossil fuel energy infrastructure and ensure a secure and affordable power supply. In this context, this report fills an important information gap by looking at: • the theoretical evolution of fossil fuel capacity by 2030 in the absence of strong drivers to counter present trends; • how this hypothetical evolution would fit in with the need to create a qualitatively different EU power sector by 2030 and beyond, in line with EU climate goals. The concept of 'lock-in' has been extensively used to study the effects of path dependencies and reinforcing effects in the context of transition studies. With regard to the energy system, lock-ins are usually understood as mechanisms inhibiting the diffusion and adoption of carbon-saving technologies (Klitkou, 2015; Frantzeskaki and Loorbach, 2010; Unruh, 2000). Throughout this report, the term 'lock-in' is used to refer to situations where the amount of fossil fuel capacity could exceed the levels that correspond to the EU's long-term decarbonisation objectives according to selected Energy Roadmap 2050 scenarios.
Author: Jean-Michel Glachant
Publisher: Edward Elgar Publishing
ISBN: 1848446055
Category : Business & Economics
Languages : en
Pages : 383
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Book Description
. . . this volume comes across as one of the most profound sources on the specifics of European electricity market restructuring. Competition and Regulation in Network Industries The SESSA study on the Internal Energy Market was an important and influential contribution towards the Commission s proposal for a third package of proposals, intending to bring more effective competition and better security of supply to Europe s energy markets. This volume, based on the results of the study is an important and welcome contribution to the ongoing debate on these proposals. Andris Piebalgs, Commissioner for Energy at the European Commission The chapters in this book are written by the leading European scholars who have studied the structure, behavior and performance of liberalised electricity markets in many European countries as well as in other regions of the world. Both the analyses and the policy recommendations contained in this volume are well worth careful consideration by policymakers in Europe, as well as by policymakers in other countries that are seeking to adopt successful electricity sector liberalisation programs. From the foreword by Paul L. Joskow, Massachusetts Institute of Technology, US Dynamism or dissipation? Competition or national champions? Will enlargement promote or delay reform? Energy economists contemplate the challenges posed by the restless and discontent European Commission. Stephen Littlechild, University of Birmingham and Judge Institute for Management Studies, University of Cambridge, UK The challenge of European electricity reform is being met, although gradually, delays notwithstanding. This book provides precious help in spotting where the necessary further efforts should be directed. In the US mistakes and delays have occurred, no less than in Europe, but an aggressive federal regulator (absent in Europe) is working to overcome them. Electricity markets do not happen, they have to be built. Here are suggestions for a workable European market design. No ideology, just competence and wisdom from both theory and experience. Will Europe learn? Pippo Ranci, Università Cattolica del Sacro Cuore, Italy The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market. The authors discuss the critical issues surrounding an internal European energy market including: market design, competition and market power, sustainable energy versus the market, regulation and harmonisation, benchmarking and indicators, modelling of competition, market prices and energy forecasts. They provide a multi-disciplinary assessment of the best way to build the market base of a future European energy policy. Electricity Reform in Europe will be of great interest to decision makers and managers in the energy industry or business sector as they will be able to see the whole European energy policy picture beyond their own corporate interests. The book will also appeal to national and European energy administrations, regulatory bodies and policy makers providing a synthesis of all relevant policy issues.
Author: Guido Pleßmann
Publisher:
ISBN: 9783844067934
Category :
Languages : en
Pages :
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Book Description
