WorldWideScience

Sample records for energy market scenarios

  1. Energy scenarios for the 21. century

    International Nuclear Information System (INIS)

    Lauerman, V.

    2002-01-01

    The Canadian Energy Research Institute (CERI) has adopted a scenario approach in developing its energy outlook to 2025. These scenarios can be used in developing strategies to optimize opportunities and avoid the dangers that often accompany the more deterministic approach to forecasting. The scenarios are not predictions, but are instead feasible outcomes for the future. They encompass 5 major areas of uncertainty for the world energy market through 2025 that impact energy demand and fuel mix. These include the economy, technology, energy policy, resource availability, and market structure. The drivers for the energy scenarios are the environment, demography, economics, culture geopolitics and technology. The paper referred to the world energy market, the OECD energy markets, the non-OECD energy markets and the FSU energy markets under 3 energy scenarios including: (1) the material world in which the new economy drives the global economy, (2) a very dark Orwellian world in which there is a rise in terrorism and a breakdown in international cooperation, and (3) a utopia in which the major powers become increasingly serious about achieving sustainable development. 22 refs., 48 figs

  2. Elaborating SRES scenarios for nuclear energy

    International Nuclear Information System (INIS)

    McDonald, Alan; Riahi, Keywan; Rogner, Hans-Holger

    2003-01-01

    The objective of this paper is identifying mid-century economic targets for nuclear energy. The first step is to describe what the mid-century energy market might look like: the major competitors for nuclear energy, what products are in demand, how much of each, where is growth greatest, and so forth. The mechanism for systematically describing the future market is scenario building. The starting point is the scenarios in the Special Report on Emissions Scenarios (SRES) of the Intergovernmental Panel on Climate Change. SRES developed four narrative story lines, each representing a different coherent set of demographic, social, economic, technological, and environmental developments. For each story line several different scenarios were developed by six international modelling teams, resulting in 40 scenarios grouped in the 4 story lines. For three of the story lines this paper uses a single marker scenario representative of central tendencies within the scenario family. For the fourth story line the authors chose the scenario that assumes that advances in non-fossil technologies - renewable, nuclear, and high-efficiency conservation technologies - make them most cost-competitive. (BA)

  3. Future nuclear energy scenarios for Europe

    International Nuclear Information System (INIS)

    Roelofs, F.; Van Heek, A.

    2010-01-01

    Nuclear energy is back on the agenda worldwide. In order to prepare for the next decades and to set priorities in nuclear R and D and investment, market share scenarios are evaluated. This allows to identify the triggers which influence the market penetration of future nuclear reactor technologies. To this purpose, scenarios for a future nuclear reactor park in Europe have been analysed applying an integrated dynamic process modelling technique. Various market share scenarios for nuclear energy are derived including sub-variants with regard to the intra-nuclear options taken, e.g. introduction date of Gen-III (i.e. EPR) and Gen-IV (i.e. SCWR, HTR, FR) reactors, level of reprocessing, and so forth. The assessment was undertaken using the DANESS code which allows to provide a complete picture of mass-flow and economics of the various nuclear energy system scenarios. The analyses show that the future European nuclear park will exist of combinations of Gen-III and Gen-IV reactors. This mix will always consist of a set of reactor types each having its specific strengths. Furthermore, the analyses highlight the triggers influencing the choice between different nuclear energy deployment scenarios. In addition, a dynamic assessment is made with regard to manpower requirements for the construction of a future nuclear fleet in the different scenarios. (authors)

  4. Analysis of long-term energy scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Lemming, J.; Morthorst, P.E.

    1998-09-01

    When addressing the role of fusion energy in the 21. century, the evaluation of possible future structures in the electricity market and the energy sector as a whole, can be a useful tool. Because fusion energy still needs demonstration, commercialized fusion energy is not likely to be a reality within the next few decades. Therefore long-term scenarios are needed describing the energy markets, which fusion energy eventually will be part of. This report performs an analysis of two of the most detailed existing long-term scenarios describing possible futures of the energy system. The aim is to clarify the frames in which the future development of the global energy demand, as well as the structure of the energy system can be expected to develop towards the year 2100. (au) 19 refs.

  5. International bioenergy trade. Scenario study on international biomass market in 2020

    Energy Technology Data Exchange (ETDEWEB)

    Heinimoe, J.; Pakarinen, V.; Ojanen, V.; Kaessi, T.

    2007-07-01

    The markets of biomass for energy are developing rapidly and becoming more international. A remarkable increase in the use of biomass for energy needs parallel and positive development in several areas, and there will be plenty of challenges to overcome. The main objective of the study was to clarify the alternative future scenarios for the international biomass market until the year 2020, and based on the scenario process, to identify underlying steps needed towards the vital working and sustainable biomass market for energy purposes. Two scenario processes were conducted for this study. The first was carried out with a group of Finnish experts and the second involved an international group. A heuristic, semi structured approach, including the use of preliminary questionnaires as well as manual and computerised group support systems (GSS), was applied in the scenario processes. The scenario processes reinforced the picture of the future of international biomass and bioenergy markets as a complex and multi layer subject. The scenarios estimated that the biomass market will develop and grow rapidly as well as diversify in the future. The results of the scenario process also opened up new discussion and provided new information and collective views of experts for the purposes of policy makers. An overall view resulting from this scenario analysis are the enormous opportunities relating to the utilisation of biomass as a resource for global energy use in the coming decades. The scenario analysis shows the key issues in the field: global economic growth including the growing need for energy, environmental forces in the global evolution, possibilities of technological development to solve global problems, capabilities of the international community to find solutions for global issues and the complex interdependencies of all these driving forces. The results of the scenario processes provide a starting point for further research analysing the technological and commercial

  6. International bioenergy trade. Scenario study on international biomass market in 2020

    International Nuclear Information System (INIS)

    Heinimoe, J.; Pakarinen, V.; Ojanen, V.; Kaessi, T.

    2007-01-01

    The markets of biomass for energy are developing rapidly and becoming more international. A remarkable increase in the use of biomass for energy needs parallel and positive development in several areas, and there will be plenty of challenges to overcome. The main objective of the study was to clarify the alternative future scenarios for the international biomass market until the year 2020, and based on the scenario process, to identify underlying steps needed towards the vital working and sustainable biomass market for energy purposes. Two scenario processes were conducted for this study. The first was carried out with a group of Finnish experts and the second involved an international group. A heuristic, semi structured approach, including the use of preliminary questionnaires as well as manual and computerised group support systems (GSS), was applied in the scenario processes. The scenario processes reinforced the picture of the future of international biomass and bioenergy markets as a complex and multi layer subject. The scenarios estimated that the biomass market will develop and grow rapidly as well as diversify in the future. The results of the scenario process also opened up new discussion and provided new information and collective views of experts for the purposes of policy makers. An overall view resulting from this scenario analysis are the enormous opportunities relating to the utilisation of biomass as a resource for global energy use in the coming decades. The scenario analysis shows the key issues in the field: global economic growth including the growing need for energy, environmental forces in the global evolution, possibilities of technological development to solve global problems, capabilities of the international community to find solutions for global issues and the complex interdependencies of all these driving forces. The results of the scenario processes provide a starting point for further research analysing the technological and commercial

  7. Challenges and opportunities of international biomass market: Findings from a scenario study

    Energy Technology Data Exchange (ETDEWEB)

    Heinimoe, J. (Lappeenranta University of Technology, Mikkeli (Finland)); Ojanen, V.; Koessi, T. (Lappeenranta University of Technology, Lappeenranta (Finland))

    2007-07-01

    The markets of biomass are developing rapidly and becoming more international. Although biomass has potential to become a more important source of energy, the remarkable increase in biomass use for energy needs parallel and positive development in several sectors and there will be plenty of challenges to overcome. To support the positive development of market and to make the most of the development it is needed to have understanding about the market dynamics. The objective of the study was to clarify the alternative future scenarios for the international biomass market until the year 2020 and based on the scenario process to identify underlying steps needed towards the vital working and sustainable biomass market for energy purposes. A heuristic semi structured approach was applied in the scenario processes. The scenarios estimated that the biomass market will develop and grow rapidly as well as diversify in the future. The scenario analysis shows the key issues on the field: global economic growth including the growing need of energy, environmental forces in the global evolution, possibilities of the technological development to solve the global problems, capabilities of the international community to find solutions for the global issues and the complex interdependencies of all these driving forces. (orig.)

  8. Energy Choices. Energy markets; Vaegval Energi. Energimarknader

    Energy Technology Data Exchange (ETDEWEB)

    Damsgaard, Niclas (Econ Poeyry AB, Stockholm (Sweden))

    2008-12-15

    Each of the major energy markets for oil, coal, natural gas, biofuels and electricity has its own character. But markets are dependent on each other in an often complicated way. This interconnection has become even more complex since the market for emissions trading began in Europe in 2005. This report describes the current situation of the different energy markets but also the relationships between them, and some possible future scenarios. The oil market is global, but is dominated by a few producing countries. Coal is traded on the international market with good competition and over time probably a stable price. Other markets are more regional or even local. One example is the natural gas market. In the current situation of natural gas is not particularly important for Sweden's energy supply, but very much so in a European perspective. There may be repercussions also in Sweden. The gas price ups and downs are important for the price of emission rights and electricity. Biofuel markets ranging from global markets, such as ethanol, to regional or local markets, depending on processing. Only with the creation of a single trading venue, Nordpool was a common pricing of electricity possible in the Nordic region. In the near future we will have a common electricity market covering at least the Nordic region and northwestern Europe. This does not mean that prices will become equalized, for that further expansion of the transmission capacity is needed. It is possible to imagine several scenarios for future energy markets, but the interaction between the different markets will persist. To develop appropriate instruments is of great importance to achieve the political objectives in the energy field the next decade

  9. Energy utilities and environment-related energy services in the year 2008. Scenario study

    International Nuclear Information System (INIS)

    1999-05-01

    Insight is given into of the developments in the sector energy distribution companies and the consequences for the demand for energy services. Next, an overview is given of which energy services should be developed to meet the changed needs of the market. Three scenarios have been set up and are discussed in this brochure: (1) a Steady State scenario (unchanged policy of energy distribution companies); (2) Alliance scenario (strategic cooperation between energy distribution companies and retailers and installation businesses); and (3) Autonomous Development scenario (energy distribution companies develop and offer new services)

  10. Scenario-based roadmapping assessing nuclear technology development paths for future nuclear energy system scenarios

    International Nuclear Information System (INIS)

    Van Den Durpel, Luc; Roelofs, Ferry; Yacout, Abdellatif

    2009-01-01

    Nuclear energy may play a significant role in a future sustainable energy mix. The transition from today's nuclear energy system towards a future more sustainable nuclear energy system will be dictated by technology availability, energy market competitiveness and capability to achieve sustainability through the nuclear fuel cycle. Various scenarios have been investigated worldwide each with a diverse set of assumptions on the timing and characteristics of new nuclear energy systems. Scenario-based roadmapping combines the dynamic scenario-analysis of nuclear energy systems' futures with the technology roadmap information published and analysed in various technology assessment reports though integrated within the nuclear technology roadmap Nuclear-Roadmap.net. The advantages of this combination is to allow mutual improvement of scenario analysis and nuclear technology roadmapping providing a higher degree of confidence in the assessment of nuclear energy system futures. This paper provides a description of scenario-based roadmapping based on DANESS and Nuclear-Roadmap.net. (author)

  11. Energy savings in drastic climate change policy scenarios

    International Nuclear Information System (INIS)

    Isoard, Stephane; Wiesenthal, Tobias

    2005-01-01

    This paper reports a climate change policy scenario compatible with long-term sustainable objectives set at EU level (6th Environment Action Plan). By setting ambitious targets for GHG emissions reduction by 2030, this normative scenario relies on market-based instruments and flexible mechanisms. The integrated policy that is simulated (i.e. addressing energy, transport, agriculture and environmental impacts) constitutes a key outlook for the next 5-year report of the European Environment Agency (EEA). This scenario highlights what it would take to drastically curb EU GHG emissions and how much it might cost. The findings show that such a 'deep reduction' climate policy could work as a powerful catalyst for (1) substantial energy savings, and (2) promoting sustainable energy systems in the long term. The implications of this policy lever on the energy system are many-fold indeed, e.g. a substantial limitation of total energy demand or significant shifts towards energy and environment-friendly technologies on the supply side. Clear and transparent price signals, which are associated with market-based instruments, appear to be a key factor ensuring sufficient visibility for capital investment in energy efficient and environment-friendly options. Finally it is suggested that market-based policy options, which are prone to lead to win-win situations and are of particular interest from an integrated policy-making perspective, would also significantly benefit from an enhanced energy policy framework

  12. Efficient renewable energy scenarios study for Victoria

    International Nuclear Information System (INIS)

    Armstrong, Graham

    1991-01-01

    This study examines the possible evolution of Victorian energy markets over the 1998-2030 period from technical, economic and environmental perspectives. The focus is on the technical and economic potential over the study period for renewable energy and energy efficiency to increase their share of energy markets, through their economic competitiveness with the non-renewables of oil, gas and fossil fulled electricity. The study identifies a range of energy options that have a lower impact on carbon dioxide emissions that current projections for the Victorian energy sector, together with the savings in energy, dollars and carbon dioxide emissions. In addition the macroeconomic implications of the energy paths are estimated. Specifically it examines a scenario (R-efficient renewable) where energy efficiency and renewable energy sources realise their estimated economic potential to displace non-renewable energy over the 1988-2030 period. In addition, a scenario (T-Toronto) is examined where energy markets are pushed somewhat harder, but again on an economic basis, so that what is called the Toronto target of reducing 1988 carbon dioxide (CO 2 ) emissions by 20 per cent by 2005 is attained. It is concluded that over the next forty years there is substantial economic potential in Victoria for significant gains from energy efficiency in all sectors - residential, commercial, industrial and transport - and contributions from renewable energy both in those sectors and in electricity generations. 7 figs., 5 tabs

  13. Scenarios of future energy intensities

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    In this chapter, the authors present scenarios of potential change in energy intensities in the OECD countries and in the Soviet Union. These scenarios are meant to illustrate how intensities might evolve over the next 20 years given different conditions with respect to energy prices, energy-efficiency policies, and other key factors. Changes in intensity will also be affected by the rates of growth and stock turnover in each sector. They have not tried to forecast how activity levels and structure will evolve. However, the OECD scenarios assume a world in which GDP averages growth in the 2-3%/year range, with some differences among countries. For the Soviet Union, the degree and pace of intensity decline will be highly dependent on the success of the transition to a market economy; each scenario explicitly envisions a different degree of success. They have not constructed comparable scenarios for the developing countries. The scenarios presented in this chapter do not predict what will happen in the future. They believe, however, that they illustrate a plausible set of outcomes if energy prices, policies, programs, and other factors evolve as described in each case. With higher energy prices and vigorous policies and programs, intensities in the OECD countries in 2010 could be nearly 50% less on average than the level where trends seem to be point. In the former Soviet Union, a combination of rapid, successful economic reform and extra effort to improve energy efficiency might result in average intensity being nearly 40% less than in a slow reform case. And in the LDCs, a mixture of sound policies, programs, and energy pricing reform could also lead to intensities being far lower than they would be otherwise. 8 refs., 10 figs., 1 tab

  14. World Energy Scenarios to 2050: the Europe Region

    International Nuclear Information System (INIS)

    Weeda, E.

    2006-01-01

    The topic of this paper is an overview of the Energy Policy Scenarios to 2050 study objectives, with emphasis on The Report for the Europe Region. The study is focused on achievement of the 3A's global energy goal (Accessibility, Availability, and Acceptability) by using various policy scenarios. The heart of the study will therefore be Policy Scenarios postulated within the context of two dimensions of government policy uncertainty. One with the dimension indicating whether the world is heading towards increased globalism and co-operation between governments and/or business and industry, or more towards bilateralism and nationalism outside global governance institutions. As outcomes, there is particularly described each of the four predicted scenarios: L'Europe des Patries, Fortress Europe, Confident Europe and Trailer Europe considering five main common indicators: political context, energy security, market forces/competition, environment/climate change, and energy mix/energy technology.(author)

  15. Hydrogen energy network start-up scenario

    International Nuclear Information System (INIS)

    Weingartner, S.; Ellerbrock, H.

    1994-01-01

    Hydrogen is widely discussed as future fuel and energy storage medium either to replace conventional fuels for automobiles, aircrafts and ships or to avoid the necessity of bulky battery systems for electricity storage, especially in connection with solar power systems. These discussions however started more than 25 years ago and up to now hydrogen has failed to achieve a major break-through towards wider application as energy storage medium in civil markets. The main reason is that other fuels are cheaper and very well implemented in our daily life. A study has been performed at Deutsche Aerospace in order to evaluate the boundary conditions, either political or economical, which would give hydrogen the necessary push, i.e. advantage over conventional fuels. The main goal of this study was to identify critical influence factors and specific start-up scenarios which would allow an economical and practically realistic use of hydrogen as fuel and energy medium in certain niche markets outside the space industry. Method and major results of this study are presented in detail in the paper. Certain niche markets could be identified, where with little initial governmental support, either by funding, tax laws or legislation, hydrogen can compete with conventional fuels. This however requires a scenario where a lot of small actions have to be taken by a high variety of institutions and industries which today are not interconnected with each other, i.e. it requires a new cooperative and proactive network between e.g. energy utilities, car industries, those who have a sound experience with hydrogen (space industry, chemical industry) and last, but certainly not the least, the government. Based on the developed scenario precise recommendations are drawn as conclusions

  16. Excess heat from kraft pulp mills: Trade-offs between internal and external use in the case of Sweden-Part 2: Results for future energy market scenarios

    International Nuclear Information System (INIS)

    Joensson, Johanna; Svensson, Inger-Lise; Berntsson, Thore; Moshfegh, Bahram

    2008-01-01

    In this paper the trade-off between internal and external use of excess heat from a kraft pulp mill is investigated for four different future energy market scenarios. The work follows the methodology described in Svensson et al. [2008. Excess heat from kraft pulp mills: trade-offs between internal and external use in the case of Sweden-Part 1: methodology. Energy Policy, submitted for publication], where a systematic approach is proposed for investigating the potential for profitable excess heat cooperation. The trade-off is analyzed by economic optimization of an energy system model consisting of a pulp mill and an energy company (ECO). In the model, investments can be made, which increase the system's energy efficiency by utilization of the mill's excess heat, as well as investments that increase the electricity production. The results show that the trade-off depends on energy market prices, the district heating demand and the type of existing heat production. From an economic point of view, external use of the excess heat is preferred for all investigated energy market scenarios if the mill is studied together with an ECO with a small heat load. For the cases with medium or large district heating loads, the optimal use of excess heat varies with the energy market price scenarios. However, from a CO 2 emissions perspective, external use is preferred, giving the largest reduction of global emissions in most cases

  17. Analysis of Long-term Energy and Carbon Emission Scenarios for India

    International Nuclear Information System (INIS)

    Rajesh, N.; Kapshe, M.; Shukla, P.R.; Garg, A.; Rana, A.

    2003-01-01

    In the coming years India faces great challenges in energy and environment. The path of development chosen by India, upon which lies the future growth of energy and emission trajectories, would be greatly influenced by technological developments both within and outside the country, economic cooperation between countries, and global cooperation in limiting greenhouse gas emissions. This paper discusses the integrated modeling system used for developing and analyzing the long-term trajectories and presents results for the scenarios developed. In the context of ongoing market reforms two scenarios - accelerated and decelerated reforms - are developed depicting fast and slow progress in energy sector reforms compared to expectations in the baseline scenario. Accelerated market reforms would spur improvements in technological efficiencies. Reforms would lower investment risks in India, thereby stimulating increased levels of foreign direct investment. On the other hand in decelerated reform scenario economic growth is lower than that in the base case, there is low access to capital, and technological improvements lag behind those in the base case. In another scenario we assume specific policy interventions for penetration of renewable technologies over the baseline scenario, for promotion and accelerated deployment of renewable energy technologies over and above the baseline assumptions. A scenario with carbon (c) constraints has also been developed and the results discussed

  18. About the Need of Combining Power Market and Power Grid Model Results for Future Energy System Scenarios

    Science.gov (United States)

    Mende, Denis; Böttger, Diana; Löwer, Lothar; Becker, Holger; Akbulut, Alev; Stock, Sebastian

    2018-02-01

    The European power grid infrastructure faces various challenges due to the expansion of renewable energy sources (RES). To conduct investigations on interactions between power generation and the power grid, models for the power market as well as for the power grid are necessary. This paper describes the basic functionalities and working principles of both types of models as well as steps to couple power market results and the power grid model. The combination of these models is beneficial in terms of gaining realistic power flow scenarios in the grid model and of being able to pass back results of the power flow and restrictions to the market model. Focus is laid on the power grid model and possible application examples like algorithms in grid analysis, operation and dynamic equipment modelling.

  19. A scenario approach to the energy-mix in the Netherlands. An outlook for the year 2025

    International Nuclear Information System (INIS)

    Fraanje, I.M.M.

    1996-08-01

    The research in this thesis gives an answer to the question: What are the options for the energy mix for the Netherlands in 2025. The energy mix, however, depends on the total energy demand. A scenario approach is used to determine the total demand. The scenarios have been developed by identifying the most important and uncertain driving forces: Dutch economic development, Dutch government policy and the international political situation. Assigning different values to these driving forces have resulted in three scenarios: Market-forces-drive-on, Europe-rules, and Crusade-against-destruction. To quantify the energy demand for each of these scenarios, growth rates of the energy demand have been used of the European Union scenarios that match with our scenarios. Once the energy demand is known, the determination of the energy mix has been performed by answering three questions. First, what is the relative contribution of the different energy carriers (electricity, heat, fuel) in the demand of the end-user. Next, what kind of conversion technologies will be required. Finally, what type of energy sources can be the input for those conversion technologies. The scenarios developed in this study are instrumental in answering these questions. The sources construct the energy mix. The different options for the energy mix in 2025 show the following principal characteristics: The share of renewable energy sources in the energy mix stays limited (Market-forces-drive-on 7%, Europe-rules 13%, Crusade-against-destruction 4%); The share of fossil fuels remains large in all scenarios. Especially the dependence on natural gas stays large: Market-forces-drive-on 63%, Europe-rules 63%, Crusade-against-destruction 68%; The CO2-emissions will stabilize and amount with respect to 1994 (156 Mton) to: Market-forces-drive-on: + 11 Mton Europe-rules: 18 Mton Crusade-against-destruction: + 4 Mton. Finally, some comments are given on the current energy policy of the Dutch government. It is

  20. Adapting for uncertainty : a scenario analysis of U.S. technology energy futures

    International Nuclear Information System (INIS)

    Laitner, J.A.; Hanson, D.A.; Mintzner, I.; Leonard, J.A.

    2006-01-01

    The pattern of future evolution for United States (US) energy markets is highly uncertain at this time. This article provided details of a study using a scenario analysis technique to investigate key energy issues affecting decision-making processes in the United States. Four scenarios were used to examine the driving forces and critical uncertainties that may shape United States energy markets and the economy for the next 50 years: (1) a reference scenario benchmarked to the 2002 annual energy outlook forecast, (2) abundant and inexpensive supplies of oil and gas, (3) a chaotic future beset with international conflict, faltering new technologies, environmental policy difficulties and slowed economic growth, and (4) a technology-driven market in which a variety of forces converge to reshape the energy sector. Each of the scenarios was quantified using a computable general equilibrium model known as the All Modular Industry Growth Assessment (AMIGA) model. Results suggested that the range of different outcomes for the US is broad. However, energy use is expected to increase in all 4 scenarios. It was observed that the introduction of policies to encourage capital stock turnover and accelerate the commercialization of high efficiency, low-emissions technologies may reduce future primary energy demand. The analysis also showed that lower energy prices may lead to higher economic growth. Policies introduced to improve energy efficiency and accelerate the introduction of new technologies did not appreciably reduce the prospects for economic growth. Results also suggested that lower fossil fuel prices discourage investments in energy efficiency or new technologies and may mask the task of responding to future surprises. It was concluded that an investment path that emphasizes both energy efficiency improvements and advanced energy supply technologies will provide economic growth conditions similar to the implementation of lower energy prices. 11 refs., 1 tab., 2 figs

  1. Energie-Nederland. Financial and economic impact of a changing energy market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-03-15

    A detailed study of the Dutch power market has been carried out, including an assessment of the financial implications for conventional power plants. This study is to provide insight into the potential implications of the 16% RES (renewable energy sources) target without prescribing a particular scenario or outcome, or suggesting possible solutions. The study focuses on the potential financial and economic impact of meeting the RES target under different market scenarios. Also, the potential impact on security of supply and the need for flexible back-up capacity in the period 2013-2020 are assessed. Furthermore, an analysis is performed of potential market prices that are required for the economic feasibility of flexible back-up generation capacity with a very limited load factor. For the assessment of the financial impact of a changing energy market, the Dutch power market is modelled under various scenarios. Use has been made of a detailed model of Northwest Europe, in which all power stations, interconnections, and constraints (i.e. RES potential) are accounted for. In all scenarios, the 16% RES target is a binding constraint in that model. This means the model determines the least-cost option to meet this target, including wind onshore and offshore (up to the limit estimated by ECN), dedicated biomass and co-firing of biomass, and other sources such as solar.

  2. Comparing long term energy scenarios

    International Nuclear Information System (INIS)

    Cumo, M.; Simbolotti, G.

    2001-01-01

    Major projection studies by international organizations and senior analysts have been compared with reference to individual key parameters (population, energy demand/supply, resources, technology, emissions and global warming) to understand trends and implications of the different scenarios. Then, looking at the long term (i.e., 2050 and beyond), parameters and trends have been compared together to understand and quantify whether and when possible crisis or market turbulence might occur due to shortage of resources or environmental problems [it

  3. Energy Revolution. A Sustainable Pathway to a Clean Energy Future for Europe. A European Energy Scenario for EU-25

    International Nuclear Information System (INIS)

    Teske, S.; Baker, C.

    2005-09-01

    Greenpeace and the Institute of Technical Thermodynamics, Department of Systems Analysis and Technology Assessment of the German Aerospace Center (DLR),have developed a blueprint for the EU energy supply that shows how Europe can lead the way to a sustainable pathway to a clean energy future. The Greenpeace energy revolution scenario demonstrates that phasing out nuclear power and massively reducing CO2-emissions is possible. The scenario comes close to a fossil fuels phase-out by aiming for a 80% CO2 emissions reduction by 2050.The pathway in this scenario achieves this phase-out in a relatively short time-frame without using technological options (such as 'clean coal') that are ultimately dead ends, deflecting resources from the real solutions offered by renewable energy. Whilst there are many technical options that will allow us to meet short-term EU Kyoto targets (-8% GHG by 2010), these may have limited long-term potential. The Greenpeace Energy Revolution Scenario shows that in the long run, renewable energy will be cheaper than conventional energy sources and reduce EU's dependence from world market prices from imported fossil and nuclear fuels.The rapid growth of renewable energy technologies will lead to a large investment in new technologies.This dynamic market growth will result in a shift of employment opportunities from conventional energy-related industries to new occupational fields in the renewable energy industry. Renewable energy is expected to provide about 700,000 jobs in the field of electricity generation from renewable energy sources by 2010

  4. The role of fusion power in energy scenarios. Proposed method and review of existing scenarios

    International Nuclear Information System (INIS)

    Lako, P; Ybema, J.R.; Seebregts, A.J.

    1998-04-01

    The European Commission wishes more insight in the potential role of fusion energy in the second half of the 21st century. Therefore, several scenario studies are carried out in the so-called macro-task Long Term Scenarios to investigate the potential role of fusion power in the energy system. The main contribution of ECN to the macro-task is to perform a long term energy scenario study for Western Europe with special focus on the role of fusion power. This interim report gives some methodological considerations for such an analysis. A discussion is given on the problems related to the long time horizon of the scenario study such as the forecast of technological innovations, the selection of appropriate discount rates and the links with climate change. Key parameters which are expected to have large effects on the role and cost-effectiveness are discussed in general terms. The key parameters to be varied include level and structure of energy demand, availability and prices of fossil energy, CO2 reduction policy, discount rates, cost and potential of renewable energy sources, availability of fission power and CO2 capture and disposal and the cost and the maximum rate of market growth of fusion power. The scenario calculations are to be performed later in the project with the help of an existing cost minimisation model of the Western European energy system. This MARKAL model is briefly introduced. The results of the model calculations are expected to make clear under which combinations of scenario parameters fusion power is needed and how large the expected financial benefits will be. The present interim report also gives an evaluation of existing energy scenarios with respect to the role of fusion power. 18 refs

  5. Market performance and distributional effects on renewable energy markets

    International Nuclear Information System (INIS)

    Koutstaal, P.; Bijlsma, M.; Zwart, G.; Van Tilburg, X.; Ozdemir, O.

    2009-08-01

    A renewable obligation (RO) combined with tradable renewable energy certificates is a market-based instrument used to promote the production of electricity from renewable energy sources. A renewable obligation is an alternative for subsidies. A renewable obligation will only be an efficient instrument if certificate markets are efficient. This requires that there is no market power and no anti-competitive behaviour on the certificate market. If the current developments in Dutch renewable energy production continue, market power on a future renewable certificate market in the Netherlands will probably not be an issue, even if the RO should only rest on the retail market instead of on the whole electricity market. A renewable obligation will raise the retail price for consumers, thereby reducing consumer surplus. Simulations show that the retail electricity price increases with 30 euro per MWh to a level of 104 euro per MWh in case of a 30% renewable target. Consumer surplus is reduced with 19% compared to the baseline scenario. In contrast, a subsidy such as the Dutch SDE (Promoting Renewable Energy scheme or 'Stimulering Duurzame Energie') which is financed from the state budget has the effect to (slightly) lower the retail electricity price, thereby increasing consumer surplus. It should however be realised that the costs of the subsidy will indirectly affect electricity consumers through their tax payments.

  6. EnerFuture: Long Term Energy Scenarios 'Understanding our energy future'. Key graphs and analysis, Enerdata - Global Energy Forecasting

    International Nuclear Information System (INIS)

    2011-01-01

    Enerdata analyses 4 future energy scenarios accounting for 2 economic growth assumptions combined with 2 alternative carbon emission mitigation policies. In this study, a series of analyses supported by graphs assess the energy consumption and intensity forecasts in emerging and developed markets. In particular, one analysis is dedicated to energies competition, including gas, coal and renewable energies. (authors)

  7. World Energy Scenarios 2050: Impact of the Energy Governance Models to the Future of the European Energy Sector

    International Nuclear Information System (INIS)

    Kisel, E.

    2014-01-01

    World Energy Council has explored the impact of two extreme governance models of energy sector to the global economic and climate developments. Scenario 'Jazz' describes the world, where investments in the energy markets are made by the companies on the purely economic basis. Scenario 'Symphony' describes the world, where decisions about the energy investments are made by the governments. It appears that in case of Scenario 'Jazz' we would reach lower energy prices, but it would also bring along higher and wider consumption of energy, and much higher environmental impact. In case of Scenario 'Symphony' energy prices would be somewhat higher, but environmental and energy efficiency would deliver better results, and there will be more energy-poor people around the world. It can also be observed, that resulting energy mixes of these two scenarios are very different. When Scenario 'Jazz' would leave the share of fossil fuels nearly to the current levels, then Scenario 'Symphony' supports strongly development of Solar and Carbon Capture, Utilisation and Sequestration Technologies. The modelling was also made separately for different regions of the world, the results for Europe can be observed from the report as well. This provides a fruit for thought about the role of the governments in the implementation of the EU 2030 Energy and Climate Strategy. The presentation would describe shortly the methodology of the study, clarifies the assumptions of the scenarios and highlights the main outcomes of the study in for the world and for European energy sector. (author).

  8. Impacts of high energy prices on long-term energy-economic scenarios for Germany

    Energy Technology Data Exchange (ETDEWEB)

    Krey, V.; Markewitz, P. [Research Center Juelich, Inst. of Energy Res., Systems Analysis and Technology Evaluation, Juelich (Germany); Horn, M. [DIW Berlin, Berlin (Germany); Matthes, C.; Graichen, V.; Harthan, R.O.; Repenning, J. [Oeko-Institut, Berlin (Germany)

    2007-05-15

    Prices of oil and other fossil fuels on global markets have reached a high level in recent years. These levels were not able to be reproduced on the basis of scenarios and prognoses that were published in the past. New scenarios, based on higher energy price trajectories, have appeared only recently. The future role of various energy carriers and technologies in energy-economic scenarios will greatly depend on the level of energy prices. Therefore, an analysis of the impact of high energy prices on long-term scenarios for Germany was undertaken. Based on a reference scenario with moderate prices, a series of consistent high price scenarios for primary and secondary energy carriers were developed. Two scenarios with (i) continuously rising price trajectories and (ii) a price shock with a price peak during the period 2010-15 and a subsequent decline to the reference level are analysed. Two types of models have been applied in the analysis. The IKARUS energy systems optimisation model covers the whole of the German energy system from primary energy supply down to the end-use sectors. Key results in both high price scenarios include a replacement of natural gas by hard coal and renewable energy sources in electricity and heat generation. Backstop technologies like coal liquefaction begin to play a role under such conditions. Up to 10% of final energy consumption is saved in the end-use sectors, with the residential and transport sector being the greatest contributors. Even without additional restrictions, CO{sub 2} emissions significantly drop in comparison to the reference scenario. The ELIAS electricity investment analysis model focuses on the power sector. In the reference scenario with current allocation rules in the emissions trading scheme, the CO{sub 2} emissions decrease relatively steadily. The development is characterised by the phaseout of nuclear energy which is counterweighted by the increase of renewable. In the high price scenario, the CO{sub 2

  9. Integration scenarios of Demand Response into electricity markets: Load shifting, financial savings and policy implications

    International Nuclear Information System (INIS)

    Feuerriegel, Stefan; Neumann, Dirk

    2016-01-01

    Demand Response allows for the management of demand side resources in real-time; i.e. shifting electricity demand according to fluctuating supply. When integrated into electricity markets, Demand Response can be used for load shifting and as a replacement for both control reserve and balancing energy. These three usage scenarios are compared based on historic German data from 2011 to determine that load shifting provides the highest benefit: its annual financial savings accumulate to €3.110 M for both households and the service sector. This equals to relative savings of 2.83% compared to a scenario without load shifting. To improve Demand Response integration, the proposed model suggests policy implications: reducing bid sizes, delivery periods and the time-lag between market transactions and delivery dates in electricity markets. - Highlights: •Comparison of 3 scenarios to integrate Demand Response into electricity markets. •These are: optimize procurement, offer as control reserve, avoid balancing energy. •Ex post simulation to quantify financial impact and policy implications. •Highest savings from load shifting with a cost reduction of 3%. •Model suggests reducing bid sizes, delivery periods and time lags as policy issues.

  10. Global Energy Scenarios to 2040. Understanding our energy future - 2016 Edition

    International Nuclear Information System (INIS)

    2016-01-01

    The energy world is in rapid evolution, driven in particular by policy developments (like the INDCs agreed at COP-21) but also economic, geopolitical, technological as well as social considerations. Enerdata regularly produces scenario based energy outlooks to analyze and forecast the supply and demand of energy commodities, energy prices, as well as the impact of climate change and energy policies on energy markets and their consequences for the energy industry. After the COP-21 in Paris, Enerdata has again done such an exercise. The Ener-Blue scenario provides an outlook of energy systems up to 2040 based on the achievement of the 2030 targets defined in the INDCs as announced at the COP-21. Ener-Green explores the implications of more stringent energy and climate policies to limit the global temperature increase at around 1.5-2 deg. C by the end of the century. Finally, Ener-Brown describes a world with abundant fossil fuel resource and durably low energy prices, affecting the entire energy system over a long period. These different scenarios explore the consequences on energy supply and demand, energy mix, energy prices by fuel and region, as well as the implications on climate issues. In the Ener-Blue scenario, the future energy mix remains dominated by fossil fuels, but INDCs planned policies regarding climate mitigation, energy efficiency and renewable energy sources lead to a diversification towards other sources of energy. Among others, the EU successfully achieves its triple objective of its climate and energy package, while China and India expand their renewable capacities to achieve their renewable targets. Within this international context of climate coordinated policies, CO_2 emission growth slows down. However, the efforts defined in INDCs are not ambitious enough to limit the increase of the average global temperature to 2 deg. C in 2050, but these efforts are compatible with 3-4 deg. C objective. In the Ener-Green scenario, there is a clear

  11. Market failures and barriers as a basis for clean energy policies

    International Nuclear Information System (INIS)

    Brown, M.A.

    2001-01-01

    This paper provides compelling evidence that large-scale market failures and barriers prevent consumers in the United States from obtaining energy services at least cost. Assessments of numerous energy policies and programs suggest that public interventions can overcome many of these market obstacles. By articulating these barriers and reviewing the literature on ways of addressing them, this paper provides a strong justification for the policy portfolios that define the ''Scenarios for a Clean Energy Future'', a study conducted by five National Laboratories. These scenarios are described in other papers published in this special issue of Energy Policy. (author)

  12. Electronic market places in the energy

    International Nuclear Information System (INIS)

    Mons, L.

    2001-12-01

    Electronic market places in the energy domain occurred at the end of the 90's in the US and have started to develop in Europe in the year 2000. About 60 platforms are registered today and this development can be explained by the advantages raised by such an infrastructure: simplification of purchase procedures, reduction of delays in the purchase decision, reduction of administrative costs etc.. However, today none of these electronic market places is profitable and several have closed down. On the other hand, this tool will certainly become necessary in the future and all energy actors are developing projects in this way. This study analyzes the electronic market places phenomenon in the energy domain using 10 market places examples with their key-factors of success. It draws out a complete status of the initiatives developed today and presents some scenarios of evolution. (J.S.)

  13. Projection of U.S. forest sector carbon sequestration under U.S. and global timber market and wood energy consumption scenarios, 2010-2060

    Science.gov (United States)

    Prakash Nepal; Peter J. Ince; Kenneth E. Skog; Sun J. Chang

    2012-01-01

    This study provides a modeling framework to examine change over time in U.S. forest sector carbon inventory (in U.S. timberland tree biomass and harvested wood products) for alternative projections of U.S. and global timber markets, including wood energy consumption, based on established IPCC/RPA scenarios. Results indicated that the U.S. forest sector’s projected...

  14. European Climate - Energy Security Nexus. A model based scenario analysis

    International Nuclear Information System (INIS)

    Criqui, Patrick; Mima, Silvana

    2011-01-01

    In this research, we have provided an overview of the climate-security nexus in the European sector through a model based scenario analysis with POLES model. The analysis underline that under stringent climate policies, Europe take advantage of a double dividend in its capacity to develop a new cleaner energy model and in lower vulnerability to potential shocks on the international energy markets. (authors)

  15. Structural change in Europe's gas markets: three scenarios for the development of the European gas market to 2020

    International Nuclear Information System (INIS)

    Ellis, A.; Bowitz, E.; Roland, K.

    2000-01-01

    Against the background of the European Union's Gas Directive, and the emergence of new players and markets in Europe's gas sector, this paper explores how company actions could shape the future for the gas industry. Starting with an examination of company strategies this paper develops three scenarios for the future: a 'Gradual Transformation' scenario where a single European gas market develops that is essentially oligopolistic in nature; a 'Vertical Integration' scenario, where upstream and downstream gas companies merge to form a vertically integrated gas supplier; and a 'Pull the Plug' scenario, where the current market structure decomposes into a competitive market. These scenarios are examined in terms of their impact on gas prices, demand and the distribution of gas rent along the supply chain. The paper highlights the fact that the EU's gas Directive is not sufficient for the introduction of competition into Europe's gas markets, but that company actions will be the key determinant, and they may favour alternative market structures. (Author)

  16. Interpreting energy scenarios

    Science.gov (United States)

    Iyer, Gokul; Edmonds, James

    2018-05-01

    Quantitative scenarios from energy-economic models inform decision-making about uncertain futures. Now, research shows the different ways these scenarios are subsequently used by users not involved in their initial development. In the absence of clear guidance from modellers, users may place too much or too little confidence in scenario assumptions and results.

  17. Emission trading scheme: market analysis and forecasting scenarios

    International Nuclear Information System (INIS)

    Clo, Stefano

    2006-01-01

    This article offers an economic analysis of the Emission Trading Scheme (ETS) and its institutional framework; we introduce an economic model able to simulate some possible market price's scenarios. The aim of this article is to offer a better market fundamentals' comprehension and to help economic agents building their expectations about market's development [it

  18. Scenario analysis of energy-based low-carbon development in China.

    Science.gov (United States)

    Zhou, Yun; Hao, Fanghua; Meng, Wei; Fu, Jiafeng

    2014-08-01

    China's increasing energy consumption and coal-dominant energy structure have contributed not only to severe environmental pollution, but also to global climate change. This article begins with a brief review of China's primary energy use and associated environmental problems and health risks. To analyze the potential of China's transition to low-carbon development, three scenarios are constructed to simulate energy demand and CO₂ emission trends in China up to 2050 by using the Long-range Energy Alternatives Planning System (LEAP) model. Simulation results show that with the assumption of an average annual Gross Domestic Product (GDP) growth rate of 6.45%, total primary energy demand is expected to increase by 63.4%, 48.8% and 12.2% under the Business as Usual (BaU), Carbon Reduction (CR) and Integrated Low Carbon Economy (ILCE) scenarios in 2050 from the 2009 levels. Total energy-related CO₂ emissions will increase from 6.7 billiontons in 2009 to 9.5, 11, 11.6 and 11.2 billiontons; 8.2, 9.2, 9.6 and 9 billiontons; 7.1, 7.4, 7.2 and 6.4 billiontons in 2020, 2030, 2040 and 2050 under the BaU, CR and ILCE scenarios, respectively. Total CO₂ emission will drop by 19.6% and 42.9% under the CR and ILCE scenarios in 2050, compared with the BaU scenario. To realize a substantial cut in energy consumption and carbon emissions, China needs to make a long-term low-carbon development strategy targeting further improvement of energy efficiency, optimization of energy structure, deployment of clean coal technology and use of market-based economic instruments like energy/carbon taxation. Copyright © 2014. Published by Elsevier B.V.

  19. 2015 Standard Scenarios Annual Report: U.S. Electric Sector Scenario Exploration

    Energy Technology Data Exchange (ETDEWEB)

    Sullivan, Patrick [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Cole, Wesley [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Blair, Nate [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Lantz, Eric [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Krishnan, Venkat [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Mai, Trieu [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Mulcahy, David [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Porro, Gian [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2015-07-16

    This report is one of several products resulting from an initial effort to provide a consistent set of technology cost and performance data and to define a conceptual and consistent scenario framework that can be used in the National Renewable Energy Laboratory’s (NREL’s) future analyses. The long-term objective of this effort is to identify a range of possible futures of the U.S. electricity sector in which to consider specific energy system issues through (1) defining a set of prospective scenarios that bound ranges of key technology, market, and policy assumptions and (2) assessing these scenarios in NREL’s market models to understand the range of resulting outcomes, including energy technology deployment and production, energy prices, and carbon dioxide (CO2) emissions.

  20. 2009 reference case scenario : Canadian energy demand and supply to 2020 : an energy market assessment

    International Nuclear Information System (INIS)

    2009-01-01

    The National Energy Board regulates the construction and operation of interprovincial and international oil and gas pipelines and power lines as well as the tolls and tariffs for the pipelines under its jurisdictions. The import and export of natural gas is also regulated by the NEB. The NEB examined the possible energy futures that might unfold for Canadians up to the year 2020. The factors that affect the supply of crude oil, natural gas, liquefied natural gas, electricity and coal in the short term were examined to determine the outlook for deliverability through 2020. The growing demand for energy was reviewed along with the adequacy of future energy supplies, and related issues of emerging technologies, energy infrastructure and energy exports. This assessment provided separate production outlooks for hydrocarbons, electricity and coal and outlined the key uncertainties to the supply outlook. The likely impact of recent economic, energy and policy trends on energy demand and supply were considered. It was concluded that energy markets in Canada will continue to function well. Energy prices will provide appropriate market signals for the development of energy resources to meet Canadian and export demand. A significant portion of Canadian demand for energy will be met by fossil fuels. However, the demand to move towards greener energy fuels should result in fewer greenhouse gas emissions. 1 tab., 27 figs.

  1. World Energy Scenarios: Composing energy futures to 2050

    International Nuclear Information System (INIS)

    Frei, Christoph; Whitney, Rob; Schiffer, Hans-Wilhelm; Rose, Karl; Rieser, Dan A.; Al-Qahtani, Ayed; Thomas, Philip; Turton, Hal; Densing, Martin; Panos, Evangelos; Volkart, Kathrin

    2013-01-01

    The World Energy Scenarios: Composing energy futures to 2050 is the result of a three-year study conducted by over 60 experts from nearly 30 countries, with modelling provided by the Paul Scherrer Institute. The report assesses two contrasting policy scenarios, the more consumer driven Jazz scenario and the more voter-driven Symphony scenario with a key differentiator being the ability of countries to pass through the Doha Climate Gateway. The WEC scenarios use an explorative approach to assess what is actually happening in the world now, to help gauge what will happen in the future and the real impact of today's choices on tomorrow's energy landscape. Rather than telling policy-makers and senior energy leaders what to do in order to achieve a specific policy goal, the WEC's World Energy Scenarios allow them to test the key assumptions that decision-makers decide to better shape the energy of tomorrow This document includes the French and English versions of the executive summary and the English version of the full report

  2. Greenhouse gas emissions from high demand, natural gas-intensive energy scenarios

    International Nuclear Information System (INIS)

    Victor, D.G.

    1990-01-01

    Since coal and oil emit 70% and 30% more CO 2 per unit of energy than natural gas (methane), fuel switching to natural gas is an obvious pathway to lower CO 2 emissions and reduced theorized greenhouse warming. However, methane is, itself, a strong greenhouse gas so the CO 2 advantages of natural gas may be offset by leaks in the natural gas recovery and supply system. Simple models of atmospheric CO 2 and methane are used to test this hypothesis for several natural gas-intensive energy scenarios, including the work of Ausubel et al (1988). It is found that the methane leaks are significant and may increase the total 'greenhouse effect' from natural gas-intensive energy scenarios by 10%. Furthermore, because methane is short-lived in the atmosphere, leaking methane from natural gas-intensive, high energy growth scenarios effectively recharges the concentration of atmospheric methane continuously. For such scenarios, the problem of methane leaks is even more serious. A second objective is to explore some high demand scenarios that describe the role of methane leaks in the greenhouse tradeoff between gas and coal as energy sources. It is found that the uncertainty in the methane leaks from the natural gas system are large enough to consume the CO 2 advantages from using natural gas instead of coal for 20% of the market share. (author)

  3. Canadian wind energy technical and market potential

    International Nuclear Information System (INIS)

    Templin, R.J.; Rangli, R.S.

    1992-01-01

    The current status of wind energy technology in Canada is reviewed, the technical potential of wind energy in Canada is estimated, and the economic market potential is assessed under several scenarios over about the next 25 years. The technical potential is seen to be large, with applications to water pumping on farms, the coupling of wind turbines to diesel-electric systems in remote communities where fuel costs are high, and the supply of electricity to main power grids. The main-grid application has greatest technical potential, but it cannot be economically exploited under the present utility buyback rate structure for intermittent power sources. A change in government policy toward market development of renewable energy sources, such as is already taking place in several European countries, would greatly increase market potential, decrease emissions of CO 2 and SO 2 , and benefit the Canadian wind energy industry. 2 figs., 1 tab

  4. Energy scenarios for Colombia - Environmental Aspects

    International Nuclear Information System (INIS)

    Smith, Ricardo A; Vesga A, Daniel R; Boman, Ulf

    2000-01-01

    The planning unit of the Colombian ministry of energy -UPME -has done an energy scenario project for Colombia with a 20-year horizon (vision year 2020) in this project the scenario methodology was used in a systemic way involving a great number of local and international energy experts. As a result four energy scenarios were designed and in all of them the possible evolution of all energy was analyzed. In this article a description of the used methodology is presented with the developed scenarios. Also a discussion of the long-range future environmental considerations in the energy sector, taking into account the developed scenarios, is presented. Finally some conclusions and recommendations are presented

  5. A world of differences, the normative EOS-scenarios. Final report of a study to found the normative scenarios of the project Energy research scenarios of the Energy Study Centre (ECN, Petten, Netherlands). Een wereld van verschil, de normatieve EOS-scenario's. Eindrapport van een studie ter onderbouwing van de normatieve scenario's van het project Energie Onderzoek Scenario's van het Energie Studie Centrum (ECN, Petten)

    Energy Technology Data Exchange (ETDEWEB)

    Dinkelman, G.

    1987-11-01

    Three competing political and economical 'concepts of control' which underlie three normative energy-scenarios are described. The aim of the literature-research carried out for this report was to make the original scenarios more recognizable, and to find out which groups could be expected to support them. The concepts of control bear the names 'Dynamic and growth', 'Dirigation and blockbuilding' and 'Shared development'. They can be seen, so is argued, as competing perspectives on a so-called 'post-Fordist' world. The three concepts of control differ on what they see as common interests and the way they should be looked after. Topics in the description are: the desired rate of European political and economical integration, the borders of Europe, Europe's position in the world, the acceptance of new technologies, the goals they should be used for, and perceived relationships between energy, environment and economy. The scenarios show what happens if these three concepts of control become hegemonic without being forced to compromises. For all three scenarios a short sketch is given of the corresponding dominating energy- and environmental policy and of future relationships within OECD and between OECD on the one hand and NIC's/LDC's on the other. The conclusion of the report is that the ideological differences between the neoliberalism of 'Dynamic and growth' and the green, direct-democracy-politics of 'Shared development' are not as big as they were in the seventies. Especially on the new policy-areas like technology, energy and environment they get closer. But this does not mean that the concept of 'Dirigation and blockbuilding' can be put completely aside. Its goal of economic equality and its emphasis on government dirigation may become more attractive again if it comes out that market regulation leads to a dual society and that it was state-intervention (by

  6. The European market of renewable energies

    International Nuclear Information System (INIS)

    Anon.

    2011-09-01

    This market study on renewable energies presents: 1 - the different renewable energy industries for power generation: the field of renewable energies (hydropower, wind power, solar energy, geothermal energy and biomass power plants) and their common points, their characteristics, advantages and constraints; 2 - the political and regulatory context with its ambitious goals: main steps of worldwide negotiations, Europe and the management of CO 2 emissions, stiffening of the environmental regulation, the energy/climate package and the efforts to be borne by the different member states; 3 - Economy of the sector and the necessary public support: investment and production costs by industry, wholesale prices and competitiveness of the different power generation means, government's incentives for projects profitability; 4 - dynamics of the European market of renewable energies: energy-mix and evolution of the renewable energies contribution in the world and in the European Union, key-figures by country and by industry (installed capacity, production, turnover, employment); 5 - medium-term development perspectives: 2020 prospect scenarios, evolution of the energy mix, perspectives of development for each industry; 6 - the strengths in presence in the domain of facilities: main manufacturers, market shares, innovations, vertical integration, external growth; 7 - the strengths in presence in the domain of power facilities operation: main European operators, position and ranking, installed capacities, projects portfolio; 8 - medium-term perspectives of reconfiguration: best-positioned operators in a developing market, future of European manufacturers with respect to Asian ones, inevitable concentration in the operation sector. (J.S.)

  7. Developing markets for renewable energy technologies

    International Nuclear Information System (INIS)

    Charters, W.W.S.

    2001-01-01

    Although renewable energy resources are now being utilised more on a global scale than ever before, there is no doubt their contribution to the energy economy can still be greatly increased. Recently international support for developing these relatively new sources of energy has been driven by their benefits as assessed by reduced environmental impact, particularly reduced greenhouse gas emissions. After several decades of continuous but somewhat erratic funding for research and development of renewables, it is time to take stock of the key issues to be addressed in terms of implementation of major renewable energy programmes on a large scale worldwide. One of the first steps in this process is the identification and encouragement of reliable continuous markets both in developed and developing nations. Future energy policy and planning scenarios should take into account the factors necessary to integrate renewables in all their diverse forms into the normal energy economy of the country. Other critical factors in market development will include the mass production of high quality, reliable and reasonable cost technical products and the provision of adequate finance for demonstrating market ready and near market renewables equipment. Government agencies need to aid in the removal of legislative and institutional barriers hindering the widespread introduction of non-conventional energy sources and to encourage the implementation of government purchasing schemes. Recent moves by companies in Australia to market 'green energy' to customers should also aid in the public awareness of the ultimate potential of renewables leading to greater use in the industrial, commercial and domestic sectors. (author)

  8. Eleventh CERI [Canadian Energy Research Inst.] international oil and gas markets conference

    International Nuclear Information System (INIS)

    1992-01-01

    At a conference on international oil and gas markets, papers were presented on world oil and gas markets; energy policies; regulatory policies; supply and demand scenarios; environmental issues; the markets and industries in individual countries such as the former Soviet Union, USA, Canada, and the United Kingdom; business strategies; geopolitics of energy; and coalbed methane supplies. Separate abstracts have been prepared for 22 papers from this conference

  9. Forward projections of energy market competitiveness rankings

    International Nuclear Information System (INIS)

    2008-01-01

    By July 2007, the provisions of the second Internal Market Directives for Electricity and Gas had been implemented in the majority of EU Member States. These fundamental changes in market opening, ownership structures and network access conditions, together with the increasing maturity of liberalised trading and retail markets, can be expected to affect the behaviour of existing and potential market participants, consequently affecting the energy market competitiveness of alternative countries. While the UK was the most competitive of the EU and G7 energy markets in 2006, the dynamic effect of the liberalisation programme across Continental Europe may challenge that position in the future. This report assesses how competitiveness rankings may evolve in the future, identifying changes that could take place in the UK and the rest of the EU from 2007 to 201 1. It goes on to explore the potential risk that the competitiveness of the UK's energy markets will decline relative to those of other countries in the EU and G7, to the extent that the PSA target will not be met. A detailed analysis of the potential changes in the UK markets is undertaken, including the development of upside and downside scenarios showing the positive and negative effects of changes in market structure and behaviour on the UK's competitiveness score. Changes in market structures required for energy markets in both the 2006 comparator group and the rest of the EU to become as competitive as the UK are then assessed, along with the plausibility of these changes given the current and future market, legislative and regulatory environments

  10. Exploring nuclear energy scenarios - implications of technology and fuel cycle choices

    International Nuclear Information System (INIS)

    Rayment, Fiona; Mathers, Dan; Gregg, Robert

    2014-01-01

    Nuclear Energy is recognised globally as a mature, reliable low carbon technology with a secure and abundant fuel source. Within the UK, Nuclear Energy is an essential contributor to the energy mix and as such a decision has been made to refresh the current nuclear energy plants to at least replacement of the existing nuclear fleet. This will mean the building of new nuclear power plant to ensure energy production of 16 GWe per annum. However it is also recognised that this may not be enough and as such expansion scenarios ranging from replacement of the existing fleet to 75 GWe nuclear energy capacity are being considered (see appendix). Within these energy scenarios, a variety of options are being evaluated including electricity generation only, electricity generation plus heat, open versus closed fuel cycles, Generation III versus Generation IV systems and combinations of the above. What is clear is that the deciding factor on the type and mix of any energy programme will not be on technology choice alone. Instead a complex mix of Government policy, relative cost of nuclear power, market decisions and public opinion will influence the rate and direction of growth of any future energy programme. The UK National Nuclear Laboratory has supported this work through the use and development of a variety of assessment and modelling techniques. When assessing nuclear energy scenarios, the technology chosen will impact on a number of parameters within each scenario which includes but is not limited to: - Economics, - Nuclear energy demand, - Fuel Supply, - Spent fuel storage / recycle, - Geological repository volumetric and radiological capacity, - Sustainability - effective resource utilisation, - Technology viability and readiness level. A number of assessment and modelling techniques have been developed and are described further. In particular, they examine fuel cycle options for a number of nuclear energy scenarios, whilst exploring key implications for a particular

  11. Energy scenarios: a prospective outlook

    International Nuclear Information System (INIS)

    Salomon, Thierry; Claustre, Raphael; Charru, Madeleine; Sukov, Stephane; Marignac, Yves; Fink, Meike; Bibas, Ruben; Le Saux, Gildas

    2011-01-01

    A set of articles discusses the use of energy scenarios: how useful they can be to describe a possible future and even to gather the involved actors, how they have been used in France in the past (for planning or prediction purposes, with sometimes some over-assessed or contradictory results, without considering any decline of nuclear energy, or by setting an impossible equation in the case of the Grenelle de l'Environnement), how the scenario framework impacts its content (depending on the approach type: standard, optimization, bottom-up, top-down, or hybrid). It also discusses the issue of choice of hypotheses on growth-based and de-growth-based scenarios, outlines how energy saving is a key for a sustainable evolution. Two German scenarios regarding electricity production (centralisation or decentralisation) and French regional scenarios for Nord-Pas-de-Calais are then briefly discussed

  12. Italian energy scenarios comparative evaluations

    International Nuclear Information System (INIS)

    Contaldi, Mario

    2005-01-01

    This paper reviews some representative scenarios of the evolution of the Italian primary energy consumption, updated recently. After an overview of the main macroeconomics assumptions the scenario results are cross checked at sectorial level, with a brief discussion of the underlining data and energy intensity trends. The emissions of CO 2 , SO 2 and NO x resulting from the considered scenarios are also reported and discussed [it

  13. Geothermal power production in future electricity markets-A scenario analysis for Germany

    International Nuclear Information System (INIS)

    Purkus, Alexandra; Barth, Volker

    2011-01-01

    Development and diffusion of new renewable energy technologies play a central role in mitigating climate change. In this context, small-scale deep geothermal power has seen growing interest in recent years as an environmentally friendly, non-intermittent energy source with large technical potential. Following the first successful demonstration projects, the German geothermal industry is currently experiencing an internationally unparalleled growth. In this study we explore the factors driving this development, and the role geothermal power production could play in the future of the German electricity market. For this, we apply the scenario technique, based on literature analysis and interviews with companies operating actively in the field. Our findings highlight the importance of political support and framework conditions in the electricity market, with the best prospects in a decentralised energy system based on renewable energy sources, where high investment costs and the risk of discovery failure are balanced by the benefits of low-carbon base load power. - Research highlights: → Small scale geothermal plants could provide base load for RES based power systems. → New technologies allow its use even in geologically inactive regions like Germany. → Key factors for growth are political support and power market framework conditions. → Main investment barriers are comparatively high investment costs and discovery risks. → Scale of use depends on technological evolution and energy system structure.

  14. Using energy scenarios to explore alternative energy pathways in California

    International Nuclear Information System (INIS)

    Ghanadan, Rebecca; Koomey, J.G.

    2005-01-01

    This paper develops and analyzes four energy scenarios for California that are both exploratory and quantitative. The business-as-usual scenario represents a pathway guided by outcomes and expectations emerging from California's energy crisis. Three alternative scenarios represent contexts where clean energy plays a greater role in California's energy system: Split Public is driven by local and individual activities; Golden State gives importance to integrated state planning; Patriotic Energy represents a national drive to increase energy independence. Future energy consumption, composition of electricity generation, energy diversity, and greenhouse gas emissions are analyzed for each scenario through 2035. Energy savings, renewable energy, and transportation activities are identified as promising opportunities for achieving alternative energy pathways in California. A combined approach that brings together individual and community activities with state and national policies leads to the largest energy savings, increases in energy diversity, and reductions in greenhouse gas emissions. Critical challenges in California's energy pathway over the next decades identified by the scenario analysis include dominance of the transportation sector, dependence on fossil fuels, emissions of greenhouse gases, accounting for electricity imports, and diversity of the electricity sector. The paper concludes with a set of policy lessons revealed from the California energy scenarios

  15. Technology versus demand regulation - strategic modelling of transport, land use and energy scenarios

    International Nuclear Information System (INIS)

    Pfaffenbichler, Paul C.; Shepherd, Simon

    2007-01-01

    Scarcity of oil supply is seen as one of the biggest future threats to our society. The recently finished EU-funded research project STEPs (Scenarios for the Transport System and Energy Supply and their Potential Effects) had the objective to develop, compare and assess possible scenarios for the transport system and the energy supply of the future taking into account the effects on the environment as well as economic and social viability. Two energy supply scenarios, one with and one without scarcity of oil supply, form the basis of STEPs. Furthermore two different policies are suggested to tackle the problem of scarcity of oil: a technology driven strategy and a demand regulation based strategy. This paper presents the application of these scenarios and strategies to the strategic Systems Dynamics model MARS (Metropolitan Activity Relocation Simulator) covering the metropolitan area of Edinburgh. Scenario indicators like car ownership, fleet composition and fuel resource costs were provided by the European model ASTRA and the world energy market model POLES. The first part of the paper summarises the scenarios and strategies in detail. The second part describes briefly some basics of Systems Dynamics as well as the main mechanisms underlying the model MARS. Finally the results of the scenario simulations are presented. The main outcome is that a demand regulation policy is more effective in reducing the consumption of non-renewable energy resources than a technology driven policy

  16. Modern Energy Markets Real-Time Pricing, Renewable Resources and Efficient Distribution

    CERN Document Server

    Kopsakangas-Savolainen, Maria

    2012-01-01

    Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of  the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: •A method to model energy production systems including the main characteristics of future demand side management, •Different applications of this model in nuclear and renewable energy scenarios, •An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, •A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct...

  17. Assessment of the potential future market in Sweden for hydrogen as an energy carrier

    Science.gov (United States)

    Carleson, G.

    Future hydrogen markets for the period 1980-2025 are projected, the probable range of hydrogen production costs for various manufacturing methods is estimated, and expected market shares in competition with alternative energy carriers are evaluated. A general scenario for economic and industrial development in Sweden for the given period was evaluated, showing the average increase in gross national product to become 1.6% per year. Three different energy scenarios were then developed: alternatives were based on nuclear energy, renewable indigenous energy sources, and the present energy situation with free access to imported natural or synthetic fuels. An analysis was made within each scenario of the competitiveness of hydrogen on both the demand and the supply of the following sectors: chemical industry, steel industry, peak power production, residential and commercial heating, and transportation. Costs were calculated for the production, storage and transmission of hydrogen according to technically feasible methods and were compared to those of alternative energy carriers. Health, environmental and societal implications were also considered. The market penetration of hydrogen in each sector was estimated, and the required investment capital was shown to be less than 4% of the national gross investment sum.

  18. Energy scenarios for New Zealand

    Energy Technology Data Exchange (ETDEWEB)

    Harris, G. S.; Ellis, M. J.; Scott, G. C.; Wood, J. R.

    1977-10-15

    Three energy scenarios have been formulated for New Zealand. They concentrate on those aspects of society which have a direct bearing on energy, emphasizing three important issues: major shifts in society's values in relation to material wealth, pollution, and resources. The scenarios make assumptions that certain overall social conditions would prevail so that all decisions of government, the private sector, and individuals would be governed by the requirement to conform to the scenario theme in a way not possible under existing social and political conditions. The 3 scenarios are known as Continuation, Low New Zealand Pollution, and Limited Growth.

  19. Italian energy scenarios: Markal model

    International Nuclear Information System (INIS)

    Gracceva, Francesco

    2005-01-01

    Energy scenarios carried out through formal models comply with scientific criteria such as internal coherence and transparency. Besides, Markal methodology allows a good understanding of the complex nature of the energy system. The business-as-usual scenario carried out through the Markal-Italy model shows that structural changes occurring in end-use sectors will continue to drive up energy consumption, in spite of the slow economic growth and the quite high energy prices [it

  20. Nuclear energy and fuel mix. Impacts of new nuclear power plants after 2020 in the nuclear energy scenarios of the Energy Report 2008

    International Nuclear Information System (INIS)

    Seebregts, A.J.; Snoep, H.J.M.; Van Deurzen, J.; Lako, P.; Poley, A.D.

    2010-03-01

    This report presents facts and figures on new nuclear energy in the Netherlands, in the period after 2020. The information is meant to support a stakeholder discussion process on the role of new nuclear power in the transition to a sustainable energy supply for the Netherlands. The report covers a number of issues relevant to the subject. Facts and figures on the following issues are presented: Nuclear power and the power market (including impact of nuclear power on electricity market prices); Economic aspects (including costs of nuclear power and external costs and benefits, impact on end user electricity prices); The role of nuclear power with respect to security of supply; Sustainability aspects, including environmental aspects; The impact of nuclear power in three 'nuclear energy scenarios' for the Netherlands, within the context of a Northwest European energy market. The scenarios are: (1a) No new nuclear power in the Netherlands ('Base case'); (1b) After closure of the existing Borssele nuclear power plant by the end of 2033, the construction of new nuclear power plant that will operate in 2040. That plant is assumed to be designed not to have a serious core melt down accident (e.g. PBMR) (200 to 500 MWe); (2) New nuclear power shortly after closure the Borssele nuclear power plant in 2033 (1000 to 1600 MWe, 3rd Generation); (3) New nuclear power plants shortly after 2020 (2000 to 5000 MWe, 3rd Generation). Two electricity demand scenario background scenario variants have been constructed based on an average GDP growth of about 2% per year up to 2040. The first variant is based on a steadily growing electricity demand and on currently established NL and EU policies and instruments. It is expected to be largely consistent with a new and forthcoming reference projection 'Energy and Emissions 2010-2020' for the Netherlands (published by ECN and PBL in 2010). A lower demand variant is based on additional energy savings and on higher shares of renewable

  1. Scenario Analysis With Economic-Energy Systems Models Coupled to Simple Climate Models

    Science.gov (United States)

    Hanson, D. A.; Kotamarthi, V. R.; Foster, I. T.; Franklin, M.; Zhu, E.; Patel, D. M.

    2008-12-01

    Here, we compare two scenarios based on Stanford University's Energy Modeling Forum Study 22 on global cooperative and non-cooperative climate policies. In the former, efficient transition paths are implemented including technology Research and Development effort, energy conservation programs, and price signals for greenhouse gas (GHG) emissions. In the non-cooperative case, some countries try to relax their regulations and be free riders. Total emissions and costs are higher in the non-cooperative scenario. The simulations, including climate impacts, run to the year 2100. We use the Argonne AMIGA-MARS economic-energy systems model, the Texas AM University's Forest and Agricultural Sector Optimization Model (FASOM), and the University of Illinois's Integrated Science Assessment Model (ISAM), with offline coupling between the FASOM and AMIGA-MARS and an online coupling between AMIGA-MARS and ISAM. This set of models captures the interaction of terrestrial systems, land use, crops and forests, climate change, human activity, and energy systems. Our scenario simulations represent dynamic paths over which all the climate, terrestrial, economic, and energy technology equations are solved simultaneously Special attention is paid to biofuels and how they interact with conventional gasoline/diesel fuel markets. Possible low-carbon penetration paths are based on estimated costs for new technologies, including cellulosic biomass, coal-to-liquids, plug-in electric vehicles, solar and nuclear energy. We explicitly explore key uncertainties that affect mitigation and adaptation scenarios.

  2. Effects of stochastic energy prices on long-term energy-economic scenarios

    International Nuclear Information System (INIS)

    Krey, Volker; Martinsen, Dag; Wagner, Hermann-Josef

    2007-01-01

    In view of the currently observed energy prices, recent price scenarios, which have been very moderate until 2004, also tend to favor high future energy prices. Having a large impact on energy-economic scenarios, we incorporate uncertain energy prices into an energy systems model by including a stochastic risk function. Energy systems models are frequently used to aid scenario analysis in energy-related studies. The impact of uncertain energy prices on the supply structures and the interaction with measures in the demand sectors is the focus of the present paper. For the illustration of the methodological approach, scenarios for four EU countries are presented. Including the stochastic risk function, elements of high energy price scenarios can be found in scenarios with a moderate future development of energy prices. In contrast to scenarios with stochastic investment costs for a limited number of technologies, the inclusion of stochastic energy prices directly affects all parts of the energy system. Robust elements of hedging strategies include increasing utilization of domestic energy carriers, the use of CHP and district heat and the application of additional energy-saving measures in the end-use sectors. Region-specific technology portfolios, i.e., different hedging options, can cause growing energy exchange between the regions in comparison with the deterministic case. (author)

  3. Energy scenarios for Colombia: process and content

    Energy Technology Data Exchange (ETDEWEB)

    Smith, Ricardo A. [National Univ. of Colombia, Escuela de Geosciencias y Medio Ambiente, Medellin (Colombia); Vesga, Daniel R.A. [Unidad de Planeacion Minero Energetica, Bogota (Colombia); Cadena, Angela I. [Los Andes Univ., School of Engineering, Bogota (Colombia); Boman, Ulf [Kairos Future AB, Stockholm (Sweden); Larsen, Erik [Cass Business School, London (United Kingdom); Dyner, Isaac [Universidad Nacional de Colombia, Energy Inst., Medellin (Colombia)

    2005-02-01

    This paper presents the approach undertaken, and the four energy scenarios that have been developed, to support long term energy policy in Colombia. The scenarios were constructed with emphasis on maximum interaction between stakeholders in the Colombian energy sector. The process directly involved over 120 people. The scenarios were developed as strategic support tools for the Energy and Mining Planning Unit (UPME), which is the Colombian institution in charge of developing the country's energy strategies and National Energy Policy. The methodology employed is presented, followed by a detailed description of each of the four scenarios. (Author)

  4. Electricity and heat system development scenarios integrated in the energy system sustainable development in Romania in the period 2005 - 2025

    International Nuclear Information System (INIS)

    Marin, Otilia; Leca, Aureliu

    2004-01-01

    After 50 years of centralized economy, since 1989, Romania faces many challenges related to the internal conditions and to the new trends in energy markets over the world as: the existing low efficiency and availability, fast structural changes; the decentralization and privatization of the energy sector with new structures and entities; integration in EU and NATO structures. At present, with transition from the national vertical integrated monopolies to an open market, the determination of the global optimum development scenario of the power and heat sector becomes more important in order to find the policy which can lead the own strategies of different companies involved on market to a sustainable development of the society. The paper presents four long term development scenarios of the electricity and heat sector quantified from different points of view: technical, economical, environmental, social criteria, security of supply, risk diminishing etc and it continues by determining the long term global optimum development scenario integrated in the sustainable energy system. (authors)

  5. Comparison of future energy scenarios for Denmark

    DEFF Research Database (Denmark)

    Kwon, Pil Seok; Østergaard, Poul Alberg

    2012-01-01

    Scenario-making is becoming an important tool in energy policy making and energy systems analyses. This article probes into the making of scenarios for Denmark by presenting a comparison of three future scenarios which narrate 100% renewable energy system for Denmark in 2050; IDA 2050, Climate...... Commission 2050, and CEESA (Coherent Energy and Environmental System Analysis). Generally, although with minor differences, the scenarios suggest the same technological solutions for the future such as expansion of biomass usage and wind power capacity, integration of transport sector into the other energy...

  6. Scenario sketches for Nordic H{sub 2} Energy introduction

    Energy Technology Data Exchange (ETDEWEB)

    Eriksson, E.A. [FOI Defence Analysis, Stockholm (Sweden)

    2003-12-01

    This report departs from a set of external scenarios setting the context for a Nordic H2 energy introduction, and a set of H2 related socio-technical visions, amended and assessed by an expert workshop (Stockholm, August 2003). Based on this it attempts to outline a Nordic policy strategy aiming at as internationally leading a position in H2 energy as reasonable under different external conditions. Then this putative policy commitment is set against the nine context scenarios (three alternative stage-setting developments in the 2003-15 time frame and for each of these three alternative, more specifically energy-relevant developments for 2015-30). The result is that the prospects for H2 energy introduction differ widely across future developments. However, a policy strategy that combines RTD centres of excellence and large-scale socio-technical experimentation (e.g., demos and pilots) with polices that stimulate entrepreneurs to exploit niche markets and technology foresight and the like, not least to achieve bottom-up coordination. While strong policy interventions for H2 energy are conceivable under certain sets of external conditions, more typically it will have to win out in some type of competition. Therefore it is important that energy innovation policies be reasonably unbiased with respect to different energy forms rather than trying to prematurely pick winners. (au)

  7. International energy market dynamics: a modelling approach. Tome 1

    International Nuclear Information System (INIS)

    Nachet, S.

    1996-01-01

    This work is an attempt to model international energy market and reproduce the behaviour of both energy demand and supply. Energy demand was represented using sector versus source approach. For developing countries, existing link between economic and energy sectors were analysed. Energy supply is exogenous for energy sources other than oil and natural gas. For hydrocarbons, exploration-production process was modelled and produced figures as production yield, exploration effort index, etc. The model built is econometric and is solved using a software that was constructed for this purpose. We explore the energy market future using three scenarios and obtain projections by 2010 for energy demand per source and oil natural gas supply per region. Economic variables are used to produce different indicators as energy intensity, energy per capita, etc. (author). 378 refs., 26 figs., 35 tabs., 11 appends

  8. International energy market dynamics: a modelling approach. Tome 2

    International Nuclear Information System (INIS)

    Nachet, S.

    1996-01-01

    This work is an attempt to model international energy market and reproduce the behaviour of both energy demand and supply. Energy demand was represented using sector versus source approach. For developing countries, existing link between economic and energy sectors were analysed. Energy supply is exogenous for energy sources other than oil and natural gas. For hydrocarbons, exploration-production process was modelled and produced figures as production yield, exploration effort index, ect. The model build is econometric and is solved using a software that was constructed for this purpose. We explore the energy market future using three scenarios and obtain projections by 2010 for energy demand per source and oil and natural gas supply per region. Economic variables are used to produce different indicators as energy intensity, energy per capita, etc. (author). 378 refs., 26 figs., 35 tabs., 11 appends

  9. The Greenpeace 2013 scenario for energy transition

    International Nuclear Information System (INIS)

    Cormier, Cyrille; Teske, Sven

    2013-01-01

    After a synthesis of the Greenpeace scenario for energy transition, this report presents the French current energy landscape: structure of the energy system, greenhouse gas emissions and nuclear risks, main social and economic challenges, and search for a political ambition (from the Grenelle de l'Environnement to the current debate on energy). Then, after having outlined that energy transition must be decided now, the report presents the scenario hypotheses: studies used to develop the scenario, macro-economic and technical-economic hypotheses. The scenario is then presented in terms of possible trajectory, of energy demand (global evolution per sector), of energy production (electricity, heat, mobility), and of CO 2 assessment and nuclear wastes. Scenarios are compared in social and economic terms, more particularly in terms of investments in electricity and heat production systems, of electricity production costs and electricity bill, of energy independence, and of jobs in the electricity and heat sectors

  10. Opening the gas market - Effects on energy consumption, energy prices and the environment and compensation measures

    International Nuclear Information System (INIS)

    Dettli, R.; Signer, B.; Kaufmann, Y.

    2001-01-01

    This final report for the Swiss Federal Office of Energy (SFOE) examines the effects of a future liberalisation of the gas market in Switzerland. The report first examines the current situation of the gas supply industry in Switzerland. The contents of European Union Guidelines are described and their implementation in Switzerland is discussed. Experience already gained in other countries is looked at, including market opening already implemented in the USA and Great Britain. The effect of market-opening on gas prices is discussed; the various components of the gas price are examined and comparisons are made with international figures. The pressure of competition on the individual sectors of the gas industry are looked at and the perspectives in the gas purchasing market are examined. The report presents basic scenarios developed from these considerations. Further effects resulting from a market opening are discussed, including those on the structure of the gas industry, its participants, electricity generation, energy use and the environment, consumers in general, security of supply and the national economy. Possible compensatory measures are discussed and factors for increasing efficiency and the promotion of a competitive environment are discussed. In the appendix, two price scenarios are presented

  11. Shell energy scenarios to 2050

    International Nuclear Information System (INIS)

    2008-01-01

    Shell developed two scenarios that describe alternative ways the energy future may develop. In the first scenario (Scramble) policymakers pay little attention to more efficient energy use until supplies are tight. Likewise, greenhouse gas emissions are not seriously addressed until there are major climate shocks. In the second scenario (Blueprints) growing local actions begin to address the challenges of economic development, energy security and environmental pollution. A price is applied to a critical mass of emissions giving a huge stimulus to the development of clean energy technologies, such as carbon dioxide capture and storage, and energy efficiency measures. The result is far lower carbon dioxide emissions. Both these scenarios can help Shell to test their strategy against a range of possible developments over the long-term. However, according to Shell, the Blueprints' outcomes offer the best hope for a sustainable future, whether or not they arise exactly in the way described. However, with the right combination of policy, technology and commitment from governments, industry and society globally, Shell believes it can be realized. But achieving the targets will not be easy, and time is short. Clear thinking, huge investment, and effective leadership are required

  12. A Risk Metric Assessment of Scenario-Based Market Risk Measures for Volatility and Risk Estimation: Evidence from Emerging Markets

    Directory of Open Access Journals (Sweden)

    Sitima Innocent

    2015-03-01

    Full Text Available The study evaluated the sensitivity of the Value- at- Risk (VaR and Expected Shortfalls (ES with respect to portfolio allocation in emerging markets with an index portfolio of a developed market. This study utilised different models for VaR and ES techniques using various scenario-based models such as Covariance Methods, Historical Simulation and the GARCH (1, 1 for the predictive ability of these models in both relatively stable market conditions and extreme market conditions. The results showed that Expected Shortfall has less risk tolerance than VaR based on the same scenario-based market risk measures

  13. Key factors affecting the deployment of electricity generation technologies in energy technology scenarios

    International Nuclear Information System (INIS)

    Ruoss, F.; Turton, H.; Hirschberg, S.

    2009-12-01

    This report presents the findings of a survey of key factors affecting the deployment of electricity generation technologies in selected energy scenarios. The assumptions and results of scenarios, and the different models used in their construction, are compared. Particular attention is given to technology assumptions, such as investment cost or capacity factors, and their impact on technology deployment. We conclude that the deployment of available technologies, i.e. their market shares, can only be explained from a holistic perspective, and that there are strong interactions between driving forces and competing technology options within a certain scenario. Already the design of a scenario analysis has important impacts on the deployment of technologies: the choice of the set of available technologies, the modeling approach and the definition of the storylines determine the outcome. Furthermore, the quantification of these storylines into input parameters and cost assumptions drives technology deployment, even though differences across the scenarios in cost assumptions are not observed to account for many of the observed differences in electricity technology deployment. The deployment can only be understood after a consideration of the interplay of technology options and the scale of technology deployment, which is determined by economic growth, end-use efficiency, and electrification. Some input parameters are of particular importance for certain technologies: CO 2 prices, fuel prices and the availability of carbon capture and storage appear to be crucial for the deployment of fossil-fueled power plants; maximum construction rates and safety concerns determine the market share of nuclear power; the availability of suitable sites represents the most important factor for electricity generation from hydro and wind power plants; and technology breakthroughs are needed for solar photovoltaics to become cost-competitive. Finally, this analysis concludes with a review

  14. Key factors affecting the deployment of electricity generation technologies in energy technology scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Ruoss, F.; Turton, H.; Hirschberg, S.

    2009-12-15

    This report presents the findings of a survey of key factors affecting the deployment of electricity generation technologies in selected energy scenarios. The assumptions and results of scenarios, and the different models used in their construction, are compared. Particular attention is given to technology assumptions, such as investment cost or capacity factors, and their impact on technology deployment. We conclude that the deployment of available technologies, i.e. their market shares, can only be explained from a holistic perspective, and that there are strong interactions between driving forces and competing technology options within a certain scenario. Already the design of a scenario analysis has important impacts on the deployment of technologies: the choice of the set of available technologies, the modeling approach and the definition of the storylines determine the outcome. Furthermore, the quantification of these storylines into input parameters and cost assumptions drives technology deployment, even though differences across the scenarios in cost assumptions are not observed to account for many of the observed differences in electricity technology deployment. The deployment can only be understood after a consideration of the interplay of technology options and the scale of technology deployment, which is determined by economic growth, end-use efficiency, and electrification. Some input parameters are of particular importance for certain technologies: CO{sub 2} prices, fuel prices and the availability of carbon capture and storage appear to be crucial for the deployment of fossil-fueled power plants; maximum construction rates and safety concerns determine the market share of nuclear power; the availability of suitable sites represents the most important factor for electricity generation from hydro and wind power plants; and technology breakthroughs are needed for solar photovoltaics to become cost-competitive. Finally, this analysis concludes with a

  15. The European market of renewable energies; Le marche europeen des energies renouvelables

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2011-09-15

    This market study on renewable energies presents: 1 - the different renewable energy industries for power generation: the field of renewable energies (hydropower, wind power, solar energy, geothermal energy and biomass power plants) and their common points, their characteristics, advantages and constraints; 2 - the political and regulatory context with its ambitious goals: main steps of worldwide negotiations, Europe and the management of CO{sub 2} emissions, stiffening of the environmental regulation, the energy/climate package and the efforts to be borne by the different member states; 3 - Economy of the sector and the necessary public support: investment and production costs by industry, wholesale prices and competitiveness of the different power generation means, government's incentives for projects profitability; 4 - dynamics of the European market of renewable energies: energy-mix and evolution of the renewable energies contribution in the world and in the European Union, key-figures by country and by industry (installed capacity, production, turnover, employment); 5 - medium-term development perspectives: 2020 prospect scenarios, evolution of the energy mix, perspectives of development for each industry; 6 - the strengths in presence in the domain of facilities: main manufacturers, market shares, innovations, vertical integration, external growth; 7 - the strengths in presence in the domain of power facilities operation: main European operators, position and ranking, installed capacities, projects portfolio; 8 - medium-term perspectives of reconfiguration: best-positioned operators in a developing market, future of European manufacturers with respect to Asian ones, inevitable concentration in the operation sector. (J.S.)

  16. A risk-averse optimization model for trading wind energy in a market environment under uncertainty

    International Nuclear Information System (INIS)

    Pousinho, H.M.I.; Mendes, V.M.F.; Catalao, J.P.S.

    2011-01-01

    In this paper, a stochastic programming approach is proposed for trading wind energy in a market environment under uncertainty. Uncertainty in the energy market prices is the main cause of high volatility of profits achieved by power producers. The volatile and intermittent nature of wind energy represents another source of uncertainty. Hence, each uncertain parameter is modeled by scenarios, where each scenario represents a plausible realization of the uncertain parameters with an associated occurrence probability. Also, an appropriate risk measurement is considered. The proposed approach is applied on a realistic case study, based on a wind farm in Portugal. Finally, conclusions are duly drawn. -- Highlights: → We model uncertainties on energy market prices and wind power production. → A hybrid intelligent approach generates price-wind power scenarios. → Risk aversion is also incorporated in the proposed stochastic programming approach. → A realistic case study, based on a wind farm in Portugal, is provided. → Our approach allows selecting the best solution according to the desired risk exposure level.

  17. Optimal planning and operation of aggregated distributed energy resources with market participation

    International Nuclear Information System (INIS)

    Calvillo, C.F.; Sánchez-Miralles, A.; Villar, J.; Martín, F.

    2016-01-01

    Highlights: • Price-maker optimization model for planning and operation of aggregated DER. • 3 Case studies are proposed, considering different electricity pricing scenarios. • Analysis of benefits and effect on electricity prices produced by DER aggregation. • Results showed considerable benefits even for relatively small aggregations. • Results suggest that the impact on prices should not be overlooked. - Abstract: This paper analyzes the optimal planning and operation of aggregated distributed energy resources (DER) with participation in the electricity market. Aggregators manage their portfolio of resources in order to obtain the maximum benefit from the grid, while participating in the day-ahead wholesale electricity market. The goal of this paper is to propose a model for aggregated DER systems planning, considering its participation in the electricity market and its impact on the market price. The results are the optimal planning and management of DER systems, and the appropriate energy transactions for the aggregator in the wholesale day-ahead market according to the size of its aggregated resources. A price-maker approach based on representing the market competitors with residual demand curves is followed, and the impact on the price is assessed to help in the decision of using price-maker or price-taker approaches depending on the size of the aggregated resources. A deterministic programming problem with two case studies (the average scenario and the most likely scenario from the stochastic ones), and a stochastic one with a case study to account for the market uncertainty are described. For both models, market scenarios have been built from historical data of the Spanish system. The results suggest that when the aggregated resources have enough size to follow a price-maker approach and the uncertainty of the markets is considered in the planning process, the DER systems can achieve up to 50% extra economic benefits, depending on the market

  18. Market integration of responsive customers : application to energy and balancing markets

    Energy Technology Data Exchange (ETDEWEB)

    Alvarez, C.; Valencia, I.; Alcazar, M. [Univ. Politecnica de Valencia, Valencia (Spain). Inst. of Energy Engineering; Gabaldon, A.; Escriva, G. [Univ. Politecnica de Cartagena, Cartagena (Spain). Dept. of Electrical Engineering

    2009-07-01

    Demand response management methods are now being adopted by many deregulated electric utilities. This article presented details of a method designed to create offers and bids for large electricity customers. The method was developed to analyze daily and monthly energy consumption rates and participation in energy and ancillary service markets in Spain. A simulation was used to analyze day-ahead, inter-daily, and balancing scenarios. Peak demand in winter and summer months was characterized. Energy consumption was analyzed for different demand packages related to air conditioning, outdoor lighting, indoor lighting, and other domestic loads. Prices for each package were calculated in order to assess demand reduction capabilities. Differences between real consumption levels and energy prices bought at real-time prices were compared. An overview of Spanish electricity market structures was provided. Results of the study showed that electricity customers may benefit from participating in demand response programs. It was concluded that lower prices obtained during periods of low electricity production outweighed the higher costs of peak electricity periods. 13 refs., 3 tabs., 9 figs.

  19. Market integration of responsive customers : application to energy and balancing markets

    International Nuclear Information System (INIS)

    Alvarez, C.; Valencia, I.; Alcazar, M.; Gabaldon, A.; Escriva, G.

    2009-01-01

    Demand response management methods are now being adopted by many deregulated electric utilities. This article presented details of a method designed to create offers and bids for large electricity customers. The method was developed to analyze daily and monthly energy consumption rates and participation in energy and ancillary service markets in Spain. A simulation was used to analyze day-ahead, inter-daily, and balancing scenarios. Peak demand in winter and summer months was characterized. Energy consumption was analyzed for different demand packages related to air conditioning, outdoor lighting, indoor lighting, and other domestic loads. Prices for each package were calculated in order to assess demand reduction capabilities. Differences between real consumption levels and energy prices bought at real-time prices were compared. An overview of Spanish electricity market structures was provided. Results of the study showed that electricity customers may benefit from participating in demand response programs. It was concluded that lower prices obtained during periods of low electricity production outweighed the higher costs of peak electricity periods. 13 refs., 3 tabs., 9 figs

  20. A firm political grip on the market

    International Nuclear Information System (INIS)

    Bakken, Stein Arne

    2003-01-01

    In Norway, there is a strong political grip on the energy supply industry. The market is going to play a marginal role. The article deals with three scenarios for what the Norwegian energy supply might look like in 2005 as envisaged by a group of researchers in a comprehensive project carried out by ECON. The first scenario, ''The Market Place'', shows the development of the energy supply from regulation to a free market in the wake of the new Energy Act. According to this scenario, by 2005 the market should be well established as a form of control. The second scenario, ''The Norwegian Way'', shows the way of the energy supply from a free market to regulation. The third scenario is ''The Field of Force'' and shows how the energy supply develops into a strong energy industrial complex; this is the scenario that definitely has not come true. The most likely scenario to come true in ten years is probably a mixture of ''The Market Place'' and ''The Norwegian Way'' with an emphasis on the latter. The trend is clearly for increased political control

  1. SERA Scenarios of Early Market Fuel Cell Electric Vehicle Introductions: Modeling Framework, Regional Markets, and Station Clustering

    Energy Technology Data Exchange (ETDEWEB)

    Bush, B. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Melaina, M. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Penev, M. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Daniel, W. [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

    2013-09-01

    This report describes the development and analysis of detailed temporal and spatial scenarios for early market hydrogen fueling infrastructure clustering and fuel cell electric vehicle rollout using the Scenario Evaluation, Regionalization and Analysis (SERA) model. The report provides an overview of the SERA scenario development framework and discusses the approach used to develop the nationwidescenario.

  2. ANCRE scenarios for energy transition. Report 2013

    International Nuclear Information System (INIS)

    Alazard-Toux, Nathalie; Des Courtils, Nicolas; Hache, Emmanuel; Liegeard, Alban; Lorne, Daphne; Duplan, Jean-Luc; Kalaydjian, Francois; Heintze, Eric; Tilagone, Richard; Henriot, Stephane; Forti, Laurent; Barthelemy, Pascal; Merlen, Elisabeth; Criqui, Patrick; Mathy, Sandrine; Menanteau, Philippe; Devezeaux De Lavergne, Jean-Guy; Avril, Sophie; Cavata, Christian; Le Duigou, Alain; Le Net, Elisabeth; Marcucci-Demeure, Jeanne; Safa, Henri; Topper, Benjamin; Touboul, Francoise; Carre, Franck; Joly, Jean-Pierre; Charbit, Francoise; Mermilliod, Nicole; Mermilliod, Nicole; Le Net, Elisabeth; Teissier, Olivier; Charrue, Herve; Colonna, Paul; Legrand, Jack; Vidal, Olivier; Goffe, Bruno; Mueller, Alex; Flamant, Gilles; Allard, Francis; Most, Jean-Michel; Matarasso, Pierre; Brault, Pascal; Lemoine, Lionel; Achard, Jean-Luc; Uster, Guillaume; Delsey, Jean; Lucchese, Paul; Tadrist, Lounes; Hadjsaid, Nouredine

    2014-01-01

    This report first gives an overview of the energy system by presenting the determining factors of energy demand and of CO 2 emissions per sector (housing and office building, transport, industry, agriculture, forestry and biomass), by analysing energy systems and CO 2 emissions (energy sources, energy vectors, networks and storage, energy and CO 2 assessment for France), and by describing the guidelines of the scenarios proposed by ANCRE. The three main scenarios are characterized by a stronger sobriety, an electricity-based de-carbonation (with a variant based on nuclear and renewable energies), and diversified vectors. They are notably compared to a trend-based reference scenario. Results are discussed in terms of energy consumption (primary and final energy, consumption by the different sectors), of energy production and CO 2 emissions. Scenarios are assessed in terms of economic, environmental and societal, political and strategic criteria. Some consequences for research topics and funding are identified

  3. The influence of distributed generation penetration levels on energy markets

    International Nuclear Information System (INIS)

    Vahl, Fabrício Peter; Rüther, Ricardo; Casarotto Filho, Nelson

    2013-01-01

    Planning of national energy policies brings new dilemmas with the introduction of distributed generators (DG). Economic theory suggests that a perfectly competitive market would lead to efficient pricing. In the absence of competition, regulators play a fundamental role in attracting reasonably priced finance in order to maintain, refurbish and increase the infrastructure and provide services at a reasonable cost. Energy market price equilibrium is mainly dependent on suppliers, generators, energy sources and demand, represented by conventional utility grid users. Its behavior is similar to that of other commodities. As generation becomes less centralized with the increasing economic viability of renewable energy sources, new suppliers are being connected to the grid. Such evolution means the transition from a monopolistic market to a broader and more open environment, with an increasing number of competitors. We make use of variational inequalities to model a hypothetical DG market in different scenarios, from monopoly, to oligopoly, to open market. Such an approach enables different equilibrium outcomes due to different DG penetration levels. Based on these findings, we argue that energy policies for such markets must be developed according to each specific stage of the grid's lifecycle. We show how energy policies and market regulations may affect such a transition, which may be catastrophic if not managed properly, and which is dependent on the energy mix. -- Highlights: •DG affects energy markets depending on technologies, penetration and infrastructure. •Energy prices vary when the market moves from centralized to several suppliers. •Variational inequalities are presented to simulate a market under such transitions. •The increase of DG penetration level may present different energy prices variation. •If technical and political issues of smart grids are not improved, markets may crash

  4. Global energy scenarios, climate change and sustainable development

    International Nuclear Information System (INIS)

    Nakicenovic, Nebojsa

    2003-01-01

    Energy scenarios provide a framework for exploring future energy perspectives, including various combinations of technology options and their implications. Many scenarios in the literature illustrate how energy system developments may affect global change. Examples are the new emissions scenarios by the Intergovernmental Panel on Climate Change (IPCC) and the energy scenarios by the World Energy Assessment (WEA). Some of these scenarios describe energy futures that are compatible with sustainable development goals; such as improved energy efficiencies and the adoption of advanced energy supply technologies. Sustainable development scenarios are also characterized by low environmental impacts (at local, regional and global scales) and equitable allocation of resources and wealth. They can help explore different transitions toward sustainable development paths and alternative energy perspectives in general. The considerable differences in expected total energy requirements among the scenarios reflect the varying approaches used to address the need for energy services in the future and demonstrate effects of different policy frameworks, changes in human behavior and investments in the future, as well as alternative unfolding of the main scenario driving forces such as demographic transitions, economic development and technological change. Increases in research, development and deployment efforts for new energy technologies are a prerequisite for achieving further social and economic development in the world. Significant technological advances will be required, as well as incremental improvements in conventional energy technologies. In general, significant policy and behavioral changes will be needed during the next few decades to achieve more sustainable development paths and mitigate climate change toward the end of the century. (au)

  5. Impact of the Kyoto Protocol on the Iberian Electricity Market: A scenario analysis

    International Nuclear Information System (INIS)

    Reneses, Javier; Centeno, Efraim

    2008-01-01

    This paper presents an assessment of the impact of the Kyoto Protocol on the Iberian Electricity Market during two periods: the first phase (2005-2007) and the second phase (2008-2012). A market-equilibrium model is used in order to analyze different conditions faced by generation companies. Scenarios involving CO 2 -emission prices, hydro conditions, demand, fuel prices and renewable generation are considered. This valuation will show the significance of CO 2 -emission prices as regards Spanish and Portuguese electricity prices, generation mix, utilities profits and the total CO 2 emissions. Furthermore, the results will illustrate how energy policies implemented by regulators are critical for Spain and Portugal in order to mitigate the negative impact of the Kyoto Protocol. In conclusion, the Iberian electricity system will not be able to reach the Kyoto targets, except in very favorable conditions (CO 2 -emission prices over Euro 15/ton and the implementation of very efficient energy policies)

  6. Market potential of utility-purpose energy storage in Japan up to the year 2050

    International Nuclear Information System (INIS)

    Tanaka, T.; Kurihara, I.

    1998-01-01

    The market potential of future energy storage in power network systems in Japan is estimated by using the linear programming method under two main scenarios for the years 2030 and 2050. One is a base scenario in which the power demand and associated performances are simply extrapolated from the present to the future year of interest. The other is a modified scenario under which they are influenced by foreseeable changes in social structure and introduction of demand-side energy storage. This estimation indicates that the optimum capacity of energy storage will be about 10 to 15% of the total generation capacity. (author)

  7. Market share scenarios for Gen-DIII and gen-IV reactors in Europe

    International Nuclear Information System (INIS)

    Roelofs, F.; Heek, A. V.; Durpel, L. V. D.

    2008-01-01

    Nuclear energy is back on the agenda worldwide in order to meet growing energy demand and especially the growth in electricity demand. Many objectives direct to an increased use of nuclear energy, i.e. minimising energy costs, reducing climate change effects and others. In the light of the potential renewed growth of nuclear energy, the public demands a clear view on what nuclear energy may contribute towards meeting these objectives and especially how nuclear energy may address some socio-political obstructions with respect to economics, radioactive waste, safety and proliferation of fissile materials. To address these questions, the future nuclear reactor park mix in Europe has been analysed applying an integrated dynamic process modelling technique. Various market share scenarios for nuclear energy are derived including sub-variants with regard to the intra-nuclear options. In the analyses, it is assumed that different types of new reactors may be built, taking into account the introduction date of considered Gen-Ill (i.e. EPR) and Gen-IV (i.e. SCWR, HTR, FR) reactors, and the economic evaluation of the complete fuel cycle. The assessment was undertaken using the DANESS code (Dynamic Analysis of Nuclear Energy System Strategies). The analyses show that given the considered realistic nuclear energy demand and given a limited number of available Gen-III and Gen-IV reactor types, the future European nuclear park will exist of combinations of Gen-III and Gen-IV reactors. This mix will always consist of a set of reactor types each having its specific strengths. The analyses also highlight the triggers influencing the choice between different nuclear energy deployment scenarios. (authors)

  8. Proceedings of 15th Forum: Energy Day in Croatia: Energy Policy Scenarios to 2050

    International Nuclear Information System (INIS)

    Granic, G.; Jelavic, B.

    2006-01-01

    Energy perspectives are in the focus of the whole energy community. Facing te growing needs for energy, limits to reserves, terrorist of war threats, and climate changes is the main driver in searching for long-term solutions which would make energy development less uncertain and less risky. Technological development is one of the answers to energy problems, but it is not the only one. Enhancing energy efficiency is a social challenge that goes beyond technology problem. Equally, accepting locations for construction of energy facilities is also a social challenge, because, together with other social challenges, may give am answer how to develop stable energy industry. Energy security is synergy of various factors: energy market, infrastructure which facilitates good connectivity, diversification of resources, enhanced use of renewable energy sources and energy efficiency, and it is important to stress that the only secure energy systems are well-balanced ones. World Energy Council initiated the global study Energy Policy Scenarios to 2050 with the aim to overview the future energy at global and regional levels

  9. Proceedings of 15th Forum: Energy Day in Croatia: Energy Policy Scenarios to 2050

    Energy Technology Data Exchange (ETDEWEB)

    Granic, G; Jelavic, B

    2006-07-01

    Energy perspectives are in the focus of the whole energy community. Facing te growing needs for energy, limits to reserves, terrorist of war threats, and climate changes is the main driver in searching for long-term solutions which would make energy development less uncertain and less risky. Technological development is one of the answers to energy problems, but it is not the only one. Enhancing energy efficiency is a social challenge that goes beyond technology problem. Equally, accepting locations for construction of energy facilities is also a social challenge, because, together with other social challenges, may give am answer how to develop stable energy industry. Energy security is synergy of various factors: energy market, infrastructure which facilitates good connectivity, diversification of resources, enhanced use of renewable energy sources and energy efficiency, and it is important to stress that the only secure energy systems are well-balanced ones. World Energy Council initiated the global study Energy Policy Scenarios to 2050 with the aim to overview the future energy at global and regional levels.

  10. The Scenario Approach in the State Regulation of Addictive Goods Market

    Directory of Open Access Journals (Sweden)

    Roman Yuryevich Skokov

    2015-12-01

    Full Text Available The article presents alternative scenarios of the state regulation of the markets for addictive goods and services which include alcohol and alcohol-containing products, tobacco products, energy drinks, drugs, gambling games. The author reveals the content of inertial, modernizational, monopolistic and prohibitionist scenarios, and systematizes the effective measures which are used in the international practice of state regulation for reducing the number of challenges connected with the consumption of addictive goods and for adequate use of industrial capacities. The analysis conducted in the article touched upon the traditional practical measures on reducing shadow economic activity, realizing home-made products and substitutes, regulating the economic and physical availability, restricting advertising, sponsorship and sales promotion, as well as the measures aimed at the change of consumer behavior in the conditions associated with increased risk, prevention, diagnosis, treatment and rehabilitation. It is determined that none of these measures is not implemented to the full extent in Russia because they are used under the conditions of informal and shadow offers, corruption in government bodies, lobbying, administrative barriers and low-level administrative and business ethics. The author composed a rating of measures effectiveness under alternative scenarios. On the basis of this analysis and the assessment of the development and status of modern society, the theory and practice of regulating addictive goods markets, the conclusion was made about the socio-economic advantages of the state monopoly which allows to minimize the private interest in increasing sales and gaining over-profits, adequately reflects the public interest, standardizes and unifies physical and economic accessibility of these goods and services, proves its efficiency in domestic practice and the experience of Scandinavian countries.

  11. Green energy market development in Germany: effective public policy and emerging customer demand

    International Nuclear Information System (INIS)

    Wuestenhagen, Rolf; Bilharz, Michael

    2006-01-01

    This paper reviews the development of renewable energy in Germany from 1973 to 2003. It investigates the relative importance of energy policy and green power marketing in shaping the renewable energy market. More than a decade of consistent policy support for renewables under the feed-in law (StrEG) and its successor (EEG) has been an important driver for increasing renewable electricity generation to date, putting the country in a better position than most of its peers when it comes to achieving European Union targets for renewable energy. Green power marketing driven by customer demand, on the other hand, is growing, but has had limited measurable impact so far. We discuss potential intangible benefits of green power marketing and scenarios for future market development. The paper concludes with lessons that can be learned from the German case for policy design and market development in other countries

  12. The implications of future building scenarios for long-term building energy research and development

    Energy Technology Data Exchange (ETDEWEB)

    Flynn, W.T.

    1986-12-01

    This report presents a discussion of alternative future scenarios of the building environment to the year 2010 and assesses the implications these scenarios present for long-term building energy R and D. The scenarios and energy R and D implications derived from them are intended to serve as the basis from which a strategic plan can be developed for the management of R and D programs conducted by the Office of Buildings and Community Systems, US Department of Energy. The scenarios and analysis presented here have relevance not only for government R and D programs; on the contrary, it is hoped that the results of this effort will be of interest and useful to researchers in both private and public sector organizations that deal with building energy R and D. Making R and D decisions today based on an analysis that attempts to delineate the nexus of events 25 years in the future are clearly decisions made in the face of uncertainty. Yet, the effective management of R and D programs requires a future-directed understanding of markets, technological developments, and environmental factors, as well as their interactions. The analysis presented in this report is designed to serve that need. Although the probability of any particular scenario actually occurring is uncertain, the scenarios to be presented are sufficiently robust to set bounds within which to examine the interaction of forces that will shape the future building environment.

  13. Energy at what price? Energy markets

    International Nuclear Information System (INIS)

    Favennec, J.P.; Amic, E.; Darmois, G.

    2006-01-01

    In 2005, the whole world had to stand a real energy shock due to the rise of oil, gas and electricity prices. The perspective of a possible shortage, even at the prospect of several decades, has led to a deep change of the world energy market. In this context, this book supplies a clear and didactical presentation of the mechanisms of petroleum, gas and electricity markets, with their advantages and limitations. At the time of a globalization of economy, the book analyzes the consequences of markets deregulation on the energy prices and tries to answer several main questions: why such a price volatility? Who will take the risk of investing now? Will the energy actors of the present day concentration be in a dominating position? Content: 1 - energy, markets and energy markets; 2 - crude oil and petroleum product markets; 3 - gas markets; 4 - electric power markets; 5 - perspectives. Glossary. Index. (J.S.)

  14. Mediterranean energy transition: 2040 scenario. Executive summary

    International Nuclear Information System (INIS)

    Ben Jannet Allal, Houda; Guarrera, Lisa; Karbuz, Sohbet; Menichetti, Emanuela; Lescoeur, Bruno; El Agrebi, Hassen; Harrouch, Hamdi; Campana, Dominique; Greaume, Francois; Bedes, Christelle; Bolinches, Christine; Meraud, Thierry; Tappero, Denis; Bosseboeuf, Didier; Lechevin, Bruno; Abaach, Hassan; Damasiotis, Markos; Darras, Marc; Hajjaji, Mourad; Keramane, Abdenour; Khalfallah, Ezzedine; Mourtada, Adel; Osman, Nejib

    2016-06-01

    The stakes of embarking upon a Mediterranean Energy Transition is essential for countries from both shores of the Mediterranean, especially taking into account the increasing demographics (+105 million by 2040) and the fast growing energy demand in an increasingly constrained context both in terms of energy availability and environmental impacts of conventional energy sources uses. There is a huge, but yet untapped, potential for energy efficiency and renewable energy sources, especially in the South Mediterranean region. By improving energy efficiency and deploying renewables on a large scale, the Mediterranean region would reduce tensions on energy security for importing countries, improve opportunities for exporting ones and reduce energy costs and environmental damages for the whole region. Embarking on an energy transition path will also help improve social welfare in the region and contribute to job creation, among other positive externalities. OME regularly conducts prospective works to 2040, assessing the impact of prolonging current energy trends. Under this Business-As-Usual or so-called 'Conservative' Scenario the situation would evolve critically on all counts over the next 25 years: doubling of energy demand and tripling of electricity consumption, soaring infrastructure and import bills (+443 GW to be installed and doubling of the fossil-fuel imports) and a critical rise in carbon emissions (+45%). Such a scenario, based essentially on fossil fuels, would put further strain on the environment and exacerbate geopolitical tensions in the region. A change of energy trajectory is therefore necessary for all Mediterranean countries to help change current trends and to increase efforts promoting energy efficiency and renewable energies. In this context, MEDENER and OME, based on the 2030-2050 visions of ADEME and the prospective tools of OME, have decided to jointly investigate a Mediterranean Energy Transition Scenario, an ambitious scenario that

  15. Using Scenario-based Business Modelling to Explore the 5G Telecommunication Market

    DEFF Research Database (Denmark)

    Moqaddamerad, Sara; Ahokangas, Petri; Matinmikko, Marja

    2017-01-01

    Innovative technologies often alter established value chains and make traditional strategic planning methods inadequate. In this paper, we present the use of scenario-based business modelling to explore the market for the fifth generation mobile communication networks (5G). We discuss four...... scenarios that have been developed in a collaborative effort among different actors in the market. We then describe the approach to build business models and discuss lessons learned and benefits from the novel approach. This approach complements traditional techniques through providing a powerful platform...

  16. Long-term scenarios and strategies for the deployment of renewable energies in Germany

    International Nuclear Information System (INIS)

    Pregger, Thomas; Nitsch, Joachim; Naegler, Tobias

    2013-01-01

    The transformation of the energy supply in Germany (the “Energiewende”) as described in the German Federal government’s ‘Energy Concept’ (Energiekonzept, 2010) is based on a political consensus about long-term targets for energy efficiency and renewable energies. The aim of this article is to present a consistent scenario for this transformation process reflecting the long-term implementation of renewable energies and the possible future structure of the German energy system as a whole. Structural and economic effects of this development are derived and discussed. It summarizes results of scenario analyses done by the department of Systems Analysis and Technology Assessment of the German Aerospace Center as part of a three-year research project for the German Federal Ministry for the Environment. The underlying study provides a detailed data base reflecting a long-term roadmap for the energy system transformation in Germany. The scenarios show that the policy targets are consistent and can be achieved, if appropriate policy measures are to be implemented. The economic analysis shows the amount of investments and the strong market dynamics required for new generation technologies but also the huge economic benefits that can result from this development path in terms of fuel cost savings and lower fuel imports. - Highlights: • Long-term scenario for the German energy system according to the political targets. • Comparison of three variants with differing developments of the fleets of vehicles. • Analysis of economic effects: investments, generation and differential costs. • Importance of strategies in the sectors electricity, heat, and transportation. • Recommended measures for the successful implementation of the CO 2 reductions

  17. Market potential of nanoremediation in Europe - Market drivers and interventions identified in a deliberative scenario approach.

    Science.gov (United States)

    Bartke, Stephan; Hagemann, Nina; Harries, Nicola; Hauck, Jennifer; Bardos, Paul

    2018-04-01

    A deliberate expert-based scenario approach is applied to better understand the likely determinants of the evolution of the market for nanoparticles use in remediation in Europe until 2025. An initial set of factors had been obtained from a literature review and was complemented by a workshop and key-informant interviews. In further expert engaging formats - focus groups, workshops, conferences, surveys - this initial set of factors was condensed and engaged experts scored the factors regarding their importance for being likely to influence the market development. An interaction matrix was obtained identifying the factors being most active in shaping the market development in Europe by 2025, namely "Science-Policy-Interface" and "Validated information on nanoparticle application potential". Based on these, potential scenarios were determined and development of factors discussed. Conclusions are offered on achievable interventions to enhance nanoremediation deployment. Copyright © 2017 Elsevier B.V. All rights reserved.

  18. Sustainable energy-economic-environmental scenarios

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-03-31

    IIASA's Environmentally Compatible Energy Strategies (ECS) Project has proposed a quantitative 'working definition' of sustainable development E3 (energy-economic-environmental) scenarios. ECS has proposed four criteria for sustainability: economic growth is sustained throughout the time horizon; socioeconomic inequity among world regions is reduced over the 21st century; reserves-to-production (R/P) ratio for exhaustible primary energy resources do not decline; and long-term environmental stress is mitigated. Using these criteria, 40 long-term E3 scenarios generated by ECS models were reviewed and analyzed. Amongst the conclusions drawn were: slow population growth or stabilization of global population appears to be prerequisite for sustainable development; economic growth alone does not guarantee a sustainable future; carbon intensities of total primary energy must decrease faster than the historical trend; strategies for fossil fuel consumption must aim at non-decreasing R/P ratios; and carbon emissions must be near or below today's levels at the end of this century. The analysis of sustainable development scenarios is an important step towards formulating long-term strategies aimed at climate stabilization. 6 figs., 1 tab.

  19. Regulation of Danish energy markets with imperfect competition

    International Nuclear Information System (INIS)

    Goertz, M.; Hansen, J.V.

    1999-01-01

    In this paper we use a new CGE model of the Danish economy with the acronym ECOSMEC (Economic COuncil Simulation Model with Energy markets and Carbon taxation). The model is a hybrid of two existing static models developed by respectively the Secretariat of the Danish Economic Council and by the MobiDK project in the Ministry of Business and Industry. Distinct features of the ECOSMEC model are a rather disaggregated modelling of energy demand and supply, introduction of various market structures in the energy sector, and a consistent specification of different household types. The simulations presented in the paper have the following implications: First, a uniform CO 2 tax of approximately 300 DKK per ton CO 2 could reduce emissions by 20 per cent in a scenario with perfect competition in the energy sector. However, assuming different market structures in the energy sector influences the uniform CO 2 tax needed to reach a given emission target. In the paper we assume that the Danish energy sector is a natural monopoly regulated to comply with average cost pricing, but we also discuss alternative descriptions of imperfect competition. Second, the empirical arguments for differentiated CO 2 taxes motivated by imperfect energy markets are weak. This is in line with earlier international studies on environmental taxes and imperfect competition. Third, the Danish economy could benefit from a deregulation of the electricity and district heating sector with respect to welfare and economic activity. This result holds also if CO 2 emissions are kept constant. (au)

  20. DGEMP-OE (2008) Energy Baseline Scenario. Synthesis report

    International Nuclear Information System (INIS)

    2008-01-01

    A 'Business as usual' or 'Baseline' scenario of energy trends to 2020-2030 is produced by France every four years, as requested by the International Energy Agency in order to update the global scenarios published in its World Energy Outlook. Since the most recent scenario of this type was drawn up in 2003-2004, the time has come to renew the effort for the IEA's next in-depth review of French energy policy. Specifically, the DGEMP seeks to predict the future of France's energy situation assuming that no policies or new measures are taken affecting (i.e. improving or deteriorating) the situation other than those already in place or adopted as of 1 January 2008 (in other words, before measures such as those stemming from the Grenelle Environment Forum). On the other hand, it is assumed that change in the energy system is guided by 'conventional wisdom' according to which political options and behaviours by economic units are expected to be 'reasonable'. As a result, even should its projections prove inappropriate, this cannot be considered a 'worst-case' scenario. Indeed, beyond the IEA, this scenario can be used to establish an MEA (Multilateral Environment Agreement) scenario (based on existing measures) for national communications submitted under the U.N. Climate Convention. The scenarios by the 'Energy' Commission, part of the Centre d'Analyse Strategique (CAS), could have been used, particularly since the consultant who worked with the CAS to develop its scenarios was also commissioned by the DGEMP. However, several considerations argued in favour of proceeding separately: - The CAS scenarios drew on the DGEMP's 2004 baseline scenario, even though certain parameters were updated (in particular energy prices). - Moreover, the concept underpinning the DGEMP baseline scenario is that it should to every extent possible remain constant over time to secure continued consensus on this 'reference' at national level. - Finally, the MEDEE energy demand model applied in

  1. Energy transition: from national scenarios to European policies

    International Nuclear Information System (INIS)

    Mathieu, Mathilde

    2013-01-01

    This thesis aims at seeing how an analysis of national scenarios of energy transition may contribute to the elaboration of European energy and climate policies. The author first identifies the characteristics of energy scenarios, and the relationship between a scenario considered as an object on the one hand, and a vision for the long term on the other hand. She proposes an analysis framework which enables a comparative analysis of scenarios in order to identify stakes and challenges for the future European policy. In the second part, the author presents three examples (Germany, United Kingdom and France) and discusses their political context and adopted scenarios. After an overview of existing European energy and climate policies, the results of the analysis are given for two specific sectors: transports and electricity

  2. Long-term biomass resources for energy aim - quantities, costs and conditions of the market

    International Nuclear Information System (INIS)

    Gylling, M.; Abildtrup, J.; Vodder Nielsen, K.; Petersen, S.M.; Varming, S.

    2001-01-01

    This project assesses the agricultural, technical and economic possibilities for producing the planned quantity of energy crops in year 2015. The assessments in this project are based on two essential assumptions: 1) The total demand for straw and energy crops to meet the energy plans is added up, and the available amount of straw is used first and energy crops will be used for the remaining amount. 2) As long as the present economic conditions for set-aside prevails, it will only be the set-aside areas that will be available for energy crop production. Energy crops are not seen as economic competitive with other cash-crops on the reform areas.Three different scenarios for the agricultural crop production up to year 2015 are outlined; a reference scenario where the current development is extrapolated; an environment scenario in which a higher degree of environmental awareness is taken into account and a market scenario in which the economic competitiveness of agricultural production gains more focus. (au)

  3. The German energy market. 2014 yearbook. Data and facts on conventional and renewable energy resources

    International Nuclear Information System (INIS)

    Schiffer, Hans-Wilhelm; RWTH Aachen Univ.; World Energy Council, London

    2014-01-01

    The present book provides an overview of the energy market of the German Federal Republic. Its main emphasis is on structures of demand and supply in the markets for crude oil, brown coal, hard coal, natural gas and electricity. A special chapter has been dedicated to renewable energy resources. Another focal area are the price formation mechanisms for oil, coal, natural gas and electricity. The development of energy demand is analysed, differentiating between the sectors industry, transport, households and trade/industry/services. The book addresses the international climate protection treaties, the legal framework for climate protection activities at the European level and the implementation of trade in greenhouse gas emission permits in Germany. It presents current forecasts and scenarios, thus pointing out possible perspectives in the German energy market. It also discusses the framework conditions for Germany's energy policy. The energy markets are portrayed through facts and figures compiled in a total of 125 tables and 148 diagrams. Details of ownership of more than 100 utility companies are made transparent. The chapter on energy in the coalition agreement of 27 November 2013 between the Christian Democratic Union, Christian Social Union and the Social Democratic Party is documented verbatim. Rounding off the publication is a detailed glossary that will facilitate the reader's understanding of complex matters in the field of energy economy.

  4. Base case and perturbation scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Edmunds, T

    1998-10-01

    This report describes fourteen energy factors that could affect electricity markets in the future (demand, process, source mix, etc.). These fourteen factors are believed to have the most influence on the State's energy environment. A base case, or most probable, characterization is given for each of these fourteen factors over a twenty year time horizon. The base case characterization is derived from quantitative and qualitative information provided by State of California government agencies, where possible. Federal government databases are nsed where needed to supplement the California data. It is envisioned that a initial selection of issue areas will be based upon an evaluation of them under base case conditions. For most of the fourteen factors, the report identities possible perturbations from base case values or assumptions that may be used to construct additional scenarios. Only those perturbations that are plausible and would have a significant effect on energy markets are included in the table. The fourteen factors and potential perturbations of the factors are listed in Table 1.1. These perturbations can be combined to generate internally consist.ent. combinations of perturbations relative to the base case. For example, a low natural gas price perturbation should be combined with a high natural gas demand perturbation. The factor perturbations are based upon alternative quantitative forecasts provided by other institutions (the Department of Energy - Energy Information Administration in some cases), changes in assumptions that drive the quantitative forecasts, or changes in assumptions about the structure of the California energy markets. The perturbations are intended to be used for a qualitative reexamination of issue areas after an initial evaluation under the base case. The perturbation information would be used as a "tiebreaker;" to make decisions regarding those issue areas that were marginally accepted or rejected under the base case. Hf a

  5. Energy storage systems: power grid and energy market use cases

    Directory of Open Access Journals (Sweden)

    Komarnicki Przemysław

    2016-09-01

    Full Text Available Current power grid and market development, characterized by large growth of distributed energy sources in recent years, especially in Europa, are according energy storage systems an increasingly larger field of implementation. Existing storage technologies, e.g. pumped-storage power plants, have to be upgraded and extended by new but not yet commercially viable technologies (e.g. batteries or adiabatic compressed air energy storage that meet expected demands. Optimal sizing of storage systems and technically and economically optimal operating strategies are the major challenges to the integration of such systems in the future smart grid. This paper surveys firstly the literature on the latest niche applications. Then, potential new use case and operating scenarios for energy storage systems in smart grids, which have been field tested, are presented and discussed and subsequently assessed technically and economically.

  6. The blessings of energy efficiency in an enhanced EU sustainability scenario. Volume 1

    International Nuclear Information System (INIS)

    Lechtenboehmer, Stefan

    2007-01-01

    Although the anticipated 'end of cheap oil' has boosted the interest in energy efficiency as a cornerstone of energy and climate strategies, it is usually taken into account on the basis of rather narrowly defined cost-benefit considerations. As a consequence, substantial ancillary benefits are usually barely considered.In a recent study for the European Parliament (EP), the authors assessed two enhanced climate strategies compared to a more conventional strategy. One enhanced climate policy scenario relies, in particular, on raising the annual pace of energy efficiency improvement. The other aims at a radical boost of the market share of renewable energy forms, which, however, presupposes an equally radical improvement of energy efficiency.The present article presents the scenario results and places them in the context of risk characterisation of the considered climate policy scenarios. Risks of international turmoil and energy price hikes could be reduced if dependency rates for fossil fuel imports went down. A more ambitious climate policy can also strengthen the EU position in post-Kyoto global climate agreements and a moderated need for emission trading can, for example, reduce conflicting pressures on clean technology transfer. On the other hand, the implementation of the efficiency strategy will entail increased domestic risks because it will involve a re-prioritisation of resource allocation and will thus affect the current distribution of wealth in both the energy sector and some other closely related sectors.The article outlines the main drivers behind the ambitious energy efficiency scenario and it attaches tentative price tags to the ancillary effects, with special emphasis on the above sketched swapping of risks. It will, therefore, strongly argue for a more holistic view, which underscores the need for political action and the benefits of such proactive policies in favour of energy efficiency

  7. A Bilevel Model for Participation of a Storage System in Energy and Reserve Markets

    DEFF Research Database (Denmark)

    Nasrolahpour, Ehsan; Kazempour, Jalal; Zareipour, Hamidreza

    2017-01-01

    We develop a decision-making tool based on a bilevel complementarity model for a merchant price-maker energy storage system to determine the most beneficial trading actions in pool-based markets, including day-ahead (as joint energy and reserve markets) and balancing settlements. The uncertainty...... of net load deviation in real-time is incorporated into the model using a set of scenarios generated from the available forecast in the day-ahead. The objective of this energy storage system is to maximize its expected profit. The day-ahead products of energy storage system include energy as well...... system into clearing process of multiple markets and enables such a facility to possibly affect the outcomes of those markets to its own benefit through strategic price and quantity offers. The validity of the proposed approach is evaluated using a numerical study....

  8. Evaluating Uncertainty in GHG Emission Scenarios: Mapping IAM Outlooks With an Energy System Phase Space

    Science.gov (United States)

    Ritchie, W. J.; Dowlatabadi, H.

    2017-12-01

    Climate change modeling relies on projections of future greenhouse gas emissions and other phenomena leading to changes in planetary radiative forcing (RF). Pathways for long-run fossil energy use that map to total forcing outcomes are commonly depicted with integrated assessment models (IAMs). IAMs structure outlooks for 21st-century emissions with various theories for developments in demographics, economics, land-use, energy markets and energy service demands. These concepts are applied to understand global changes in two key factors relevant for scenarios of carbon emissions: total energy use (E) this century and the carbon intensity of that energy (F/E). A simple analytical and graphical approach can also illustrate the full range of outcomes for these variables to determine if IAMs provide sufficient coverage of the uncertainty space for future energy use. In this talk, we present a method for understanding uncertainties relevant to RF scenario components in a phase space. The phase space of a dynamic system represents significant factors as axes to capture the full range of physically possible states. A two-dimensional phase space of E and F/E presents the possible system states that can lead to various levels of total 21st-century carbon emissions. Once defined in this way, a phase space of these energy system coordinates allows for rapid characterization of large IAM scenario sets with machine learning techniques. This phase space method is applied to the levels of RF described by the Representative Concentration Pathways (RCPs). The resulting RCP phase space identifies characteristics of the baseline energy system outlooks provided by IAMs for IPCC Working Group III. We conduct a k-means cluster analysis to distinguish the major features of IAM scenarios for each RCP range. Cluster analysis finds the IAM scenarios in AR5 illustrate RCPs with consistent combinations of energy resources. This suggests IAM scenarios understate uncertainty ranges for future

  9. The UFE Prospective scenarios for energy demand

    International Nuclear Information System (INIS)

    2013-01-01

    After an overview of the French energy consumption in 2011 (final energy consumption, distribution of CO 2 emissions related to energy consumption), this Power Point presentation proposes graphs and figures illustrating UFE's prospective scenarios for energy demand. The objective is to foresee energy demand in 2050, to study the impact of possible actions on energy demand, and to assess the impact on greenhouse gas emissions. Hypotheses relate to demographic evolution, economic growth, energy intensity evolution, energy efficiency, and use transfers. Factors of evolution of energy demand are discussed: relationship between demography and energy consumption, new uses of electricity (notably with TICs), relationship between energy intensity and economic growth. Actions on demand are discussed. The results of different scenarios of technical evolution are presented

  10. Scenarios of the long term evolution of the energy sector. Energy needs, choices and possibilities: Shell's scenarios for 2050. The long-term evolution of the energy sector. A vision of the 2020-2050 energy mix. Phase dynamics analysis of energy demand scenarios

    International Nuclear Information System (INIS)

    Chevallier, B.; Appert, O; Bauquis, P.R.; Alba, P.

    2002-01-01

    This dossier comprises 4 articles dealing with energy scenarios. The first article presents the prospective studies carried out by the Shell group which lead to the construction of two scenarios entitled: 'dynamics as usual' and 'the spirit of the coming age'. Both scenarios foresee an explosion of the primary energy demand for the coming next 50 years (multiplied by a factor of 2 to 2.8 with respect to 2000) with a decline of hydrocarbons for the benefit of gas and renewable energies (including bio-fuels), while nuclear and coal will still represent a quarter of our needs. However, the main uncertainty remains the demographic expansion during the next 50 years. The second article presents the energy models and projections of the IEA for the long-term evolution of the energy sector (petroleum, gas, coal, renewable energy and uranium resources) and the main uncertainties of these projections (economic growth, environmental policies, technological evolutions). The third article presents the agreements and divergences of the author's forecasts for 2050 with Shell's scenarios, while the last article makes a comparison between the IEA, IIASA-CME and Shell scenarios using a phase dynamics analysis. (J.S.)

  11. Modeling the Greek energy system: Scenarios of clean energy use and their implications

    International Nuclear Information System (INIS)

    Roinioti, Argiro; Koroneos, Christopher; Wangensteen, Ivar

    2012-01-01

    The Greek energy system is one of the most carbon intensive energy systems in Europe. Hydrocarbons and solid fuels (lignite) cover over 80% of the final energy demand. The main objective of this work is to build energy scenarios for the future – with a focus on the electricity production system – and explore how these scenarios are reflected in economic, environmental terms and in terms of energy efficiency. The main tool which is used in the scenario analysis is LEAP (Long range Energy Alternatives Planning System). The scenarios are essentially the result of developing “storylines” driven by the uncertainties which cannot be controlled by the analysts or decision makers, and technical and non-technical options the analyst or decision maker may choose from. A set of uncertainties is considered as a possible future or storyline, and one or more options can be selected as a possible strategy. The combination of a storyline and a specific strategy gives a scenario. The main uncertainties for the Greek energy system are identified and various technical options are explored. Rather than using a model which leads to optimum strategies from a set of alternatives, the model in use will apply different strategies. - Highlights: ► A demand-driven approach was used to build energy scenarios for the Greek interconnected system. ► Each Scenario consists of a possible future and a strategy. ► High RES penetration will decrease CO 2 emissions but it will also increase capital cost. ► Carbon intensity is reduced in all the scenarios.

  12. Energy scenarios for hydrogen production in Mexico

    International Nuclear Information System (INIS)

    Ortega V, E.; Francois L, J. L.

    2009-10-01

    The hydrogen is a clean and very efficient fuel, its combustion does not produce gases of greenhouse effect, ozone precursors and residual acids. Also the hydrogen produced by friendly energy sources with the environment like nuclear energy could help to solve the global problems that it confronts the energy at present time. Presently work fuel cycles of hydrogen production technologies in Mexico are judged, by means of a structured methodology in the concept of sustainable development in its social, economic and environmental dimensions. The methodology is divided in three scenarios: base, Outlook 2030 and capture of CO 2 . The first scenario makes reference to cycles analysis in a current context for Mexico, the second taking in account the demand projections reported by the IAEA in its report Outlook and the third scenario, capture of CO 2 , the technologies are analyzed supposing a reduction in capture costs of 75%. Each scenario also has four cases (base, social, environmental and economic) by means of which the cycles are analyzed in the dimensions of sustainable development. For scenarios base and capture, results show that combination nuclear energy- reformed of gas it is the best alternative for cases base and economic. For social case, the evaluated better technology is the hydraulics, and for environmental case, the best option is represented by the regenerative thermochemistry cycles. The scenario Outlook 2030 show a favorable tendency of growth of renewable sources, being the aeolian energy the best technology evaluated in the cases base and environmental, the hydraulics technology in the social case and in the economic case the reformed of natural gas that uses nuclear heat. (Author)

  13. The Energy Market 2004

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-08-01

    This publication describes the markets for network based energy in a Nordic perspective, with an extension to the EU. The ongoing harmonization of the energy market policy is described in more detail in the sections dealing with energy policy and regulations. The network based energy markets differ in size, ownership structure and competition. The electricity and district heating markets in Sweden were deregulated in 1996. However, the natural gas market is being deregulated in stages, and will be completely open to competition by 2007 at the latest. The rules for promoting competition in trading and production on the network based energy markets have therefore been continually changed. The chapters dealing with the markets describe the effects of deregulation and how the market structures have changed. If a market is to perform well, the consumers must be active. A study performed by 'Elkonkurrensutredningen' (Electricity competition committee) shows that switching to a different supplier involves costs that restrict consumer mobility, and that the consumers are not sufficiently well informed. This publication also describes the development of prices and how the trading prices have developed on the competitive market. The markets for network based energy are in the course of continual development. This report gives a coherents view of the way the markets work and their development from a national monopoly to an open, competitive market. On such a deregulated market, consumers enjoy increased diversity and freedom of choice. This, in turn, has created the conditions for better utilization of resources at the production stage.

  14. The Energy Market 2004

    International Nuclear Information System (INIS)

    2004-01-01

    This publication describes the markets for network based energy in a Nordic perspective, with an extension to the EU. The ongoing harmonization of the energy market policy is described in more detail in the sections dealing with energy policy and regulations. The network based energy markets differ in size, ownership structure and competition. The electricity and district heating markets in Sweden were deregulated in 1996. However, the natural gas market is being deregulated in stages, and will be completely open to competition by 2007 at the latest. The rules for promoting competition in trading and production on the network based energy markets have therefore been continually changed. The chapters dealing with the markets describe the effects of deregulation and how the market structures have changed. If a market is to perform well, the consumers must be active. A study performed by 'Elkonkurrensutredningen' (Electricity competition committee) shows that switching to a different supplier involves costs that restrict consumer mobility, and that the consumers are not sufficiently well informed. This publication also describes the development of prices and how the trading prices have developed on the competitive market. The markets for network based energy are in the course of continual development. This report gives a coherents view of the way the markets work and their development from a national monopoly to an open, competitive market. On such a deregulated market, consumers enjoy increased diversity and freedom of choice. This, in turn, has created the conditions for better utilization of resources at the production stage.

  15. Energy efficiency improvement potentials and a low energy demand scenario for the global industrial sector

    NARCIS (Netherlands)

    Kermeli, Katerina; Graus, Wina H J; Worrell, Ernst

    2014-01-01

    The adoption of energy efficiency measures can significantly reduce industrial energy use. This study estimates the future industrial energy consumption under two energy demand scenarios: (1) a reference scenario that follows business as usual trends and (2) a low energy demand scenario that takes

  16. The future of combined heat and power generation. Survey of the economic appeal in a liberalised energy market

    International Nuclear Information System (INIS)

    Van Dril, A.W.N.; Rijkers, F.A.M.; Battjes, J.J.; De Raad, A.

    1999-10-01

    Combined heat and power generation (CHP) has made a considerable contribution to Dutch national energy efficiency and is an important element in future energy and environmental policy programs. Recently, the effect of liberalisation of energy markets on prices and tariffs has been signalled to form a threat to CHP. This study calculates effects in two-market scenarios for a wide variety of CHP options and conditions. Results show that indeed profitability of investments in CHP has substantially decreased. Even in a scenario where electricity prices cover more than just marginal costs, most types of CHP are no longer profitable. Cash flow calculations on existing CHP projects also show a substantial decrease. Estimates on the national CHP capacity for 2010 compared to 1999 amount to a decrease in the competitive scenario and a stabilisation in the moderate scenario. The main cause is the fierce competition on the electricity market and the uncertainty whether prices will cover more than just marginal fuel costs in the near future. Part of the study was also to make an update of the technical and cost inputs of CHP projects. Investments and O and M (operation and maintenance) costs seem to have risen substantially, contributing to the decrease in profitability of CHP. 20 refs

  17. Feasibility and potential of thermal demand side management in residential buildings considering different developments in the German energy market

    International Nuclear Information System (INIS)

    Wolisz, Henryk; Punkenburg, Carl; Streblow, Rita; Müller, Dirk

    2016-01-01

    Highlights: • A scenario analysis for the German energy market in the year 2030 is performed. • Growing demand for flexible electric capacities is identified in all scenarios. • Significant potential for domestic demand side management is identified. • A distinct potential for dynamic operation of domestic supply systems is found. • The necessity for a quick introduction of smart metering and control is found. - Abstract: A transition in the electricity market is required to manage the volatility of increasing renewable energy generation. These fluctuations can be faced with flexible consumption through Demand Side Management (DSM), establishment of further centralized storage capacities and provisioning of dynamic back up generation capacities. At least the latter two options can impose large establishment and operation costs upon the electricity market. Therefore, the feasibility and the resulting potential of coupling the electricity grid with the thermal supply of residential buildings is analysed in this paper. Thereby, inexpensive and widespread thermal storage capacities could be used to improve the integration of dynamic renewable electricity generation. In this paper the technical and economical key impact factors for such thermal DSM approach are elaborated. Based on a literature review, the identified key factors are aggregated to form consistent scenarios of the German “Energiewende” (turnaround in energy policy). The practicability and possible magnitude of the intended DSM is then analysed based on the identified scenarios. All resulting scenarios highlight the growing demand for a flexible electricity market. Especially in scenarios with strong growth of renewable electricity generation, up to 45 GW of flexible electric capacities would be required in Germany by the year 2030. Furthermore, the analysis demonstrates that independently of the energy market development, it is very likely that electricity coupled supply systems will

  18. RESGen: Renewable Energy Scenario Generation Platform

    DEFF Research Database (Denmark)

    Iversen, Jan Emil Banning; Pinson, Pierre

    2016-01-01

    studies remains. Consequently, our aim here is to propose an open-source platform for space-time probabilistic forecasting of renewable energy generation (wind and solar power). This document covers both methodological and implementation aspects, to be seen as a companion document for the open......-source scenario generation platform. It can generate predictive densities, trajectories and space-time interdependencies for renewable energy generation. The underlying model works as a post-processing of point forecasts. For illustration, two setups are considered: the case of day-ahead forecasts to be issued......Space-time scenarios of renewable power generation are increasingly used as input to decision-making in operational problems. They may also be used in planning studies to account for the inherent uncertainty in operations. Similarly using scenarios to derive chance-constraints or robust...

  19. German energy market 2016

    International Nuclear Information System (INIS)

    Schiffer, Hans-Wilhelm; Weltenergierat, Berlin

    2017-01-01

    The basic orientation of the German energy supply to the increased use of renewable energies, while increasing energy efficiency, is prediscribed by the German government's energy concept and determines the market development. A current overview of the German energy market is given, which provides also this year a concentrated Compilation of the key data of the energy industry. As in the years before, the article not only summarizes general facts about the energy mix, but also goes into detail on the development of the individual energy sources, petroleum, natural gas, brown coal and hard coal, electricity as well as renewable energies. Furthermore, the price trends of international markets and in the domestic market are explained. A current overview of the development of greenhouse gas emissions concludes the contribution. [de

  20. Global energy context: future scenarios

    International Nuclear Information System (INIS)

    Beretta, Gian Paolo

    2006-01-01

    After a brief analysis of the history of global energy consumption, this paper discusses a plausible scenario of energy needs and related carbon emissions for the rest of the century. The global outlook and the probable evolution of several factors that impact on energy policy considerations - even on the local scale - demonstrate the great complexity and planetary dimension of the problems, as well as the almost certain sterility of out-of-context domestic energy-policy measures [it

  1. A Market-Based Virtual Power Plant

    DEFF Research Database (Denmark)

    You, Shi; Træholt, Chresten; Poulsen, Bjarne

    2009-01-01

    The fast growing penetration of Distributed Energy Resources (DER) and the continuing trend towards a more liberalized electricity market requires more efficient energy management strategies to handle both emerging technical and economic issues. In this paper, a market-based Virtual Power Plant...... (MBVPP) model is proposed which provides individual DER units the accesses to current electricity markets. General bidding scenario and price signal scenario as two optional operation scenarios are operated by one MBVPP. In the end, a use case of a MBVPP with micro Combined Heat and Power (μCHP) systems...

  2. Stochastic congestion management in power markets using efficient scenario approaches

    International Nuclear Information System (INIS)

    Esmaili, Masoud; Amjady, Nima; Shayanfar, Heidar Ali

    2010-01-01

    Congestion management in electricity markets is traditionally performed using deterministic values of system parameters assuming a fixed network configuration. In this paper, a stochastic programming framework is proposed for congestion management considering the power system uncertainties comprising outage of generating units and transmission branches. The Forced Outage Rate of equipment is employed in the stochastic programming. Using the Monte Carlo simulation, possible scenarios of power system operating states are generated and a probability is assigned to each scenario. The performance of the ordinary as well as Lattice rank-1 and rank-2 Monte Carlo simulations is evaluated in the proposed congestion management framework. As a tradeoff between computation time and accuracy, scenario reduction based on the standard deviation of accepted scenarios is adopted. The stochastic congestion management solution is obtained by aggregating individual solutions of accepted scenarios. Congestion management using the proposed stochastic framework provides a more realistic solution compared with traditional deterministic solutions. Results of testing the proposed stochastic congestion management on the 24-bus reliability test system indicate the efficiency of the proposed framework.

  3. Solar energy scenarios in Brazil. Part two: Photovoltaics applications

    International Nuclear Information System (INIS)

    Martins, F.R.; Ruether, R.; Pereira, E.B.; Abreu, S.L.

    2008-01-01

    This paper discusses some energy scenarios for photovoltaic applications in Brazil engendered by using SWERA database in order to demonstrate its potential for feasibility analysis and application in the energy planning for electricity generation. It discusses two major different markets: hybrid PV-Diesel installations in mini-grids of the off-grid Brazilian electricity system in the Amazon region, and grid-connected PV in urban areas of the interconnected Brazilian electricity system. The potential for using PV is huge, and can be estimated in tens to hundreds of MWp in the Amazon region alone, even if only a fraction of the existing Diesel-fired plants with a total installed capacity of over 620 MVA would fit to run in an optimum Diesel/PV mix. Most of the major cities in Brazil present greater electricity demand in summertime with the demand peak happening in the daytime period. This energy profile match the actual solar resource assessment provided by SWERA Data Archive, enabling grid-connected PV systems to provide an important contribution to the utility's capacity

  4. Energy scenario analysis Enova-IFE; Energiscenarioanalyser Enova-IFE

    Energy Technology Data Exchange (ETDEWEB)

    Rosenberg, Eva; Espegren, Kari Aamodt

    2009-11-15

    Institute for Energy Technology has made a projection of energy use in stationary sector of Norway up to 2050 and by the use of the Norwegian MARKAL model analyzed various scenarios. Total increase demand in stationary sectors by 6 TWh, or 4% to 2020 and by 29 TWh or 16% for 2050, which increase primarily comes in the buildings. Scenarios are analyzed to show the long-term potential given the various operating parameters. An important scenario that is analyzed, the fulfillment of renewable directive. In 2005, the renewable share in Norway about 61%. In the analysis it is assumed that the renewable share to be 75% as of 2020. Implementation of energy efficiency will have a crucial role to increase the renewable share, and efficiency contributes with 26 TWh in the base scenario. What percentage of energy efficiency measures are really implemented will have a great impact on how much renewable electricity to be produced, or how much more bio-energy that must be used, in order to achieve the goal of renewable directive. (AG)

  5. A Stochastic Market Design With Revenue Adequacy and Cost Recovery by Scenario: Benefits and Costs

    DEFF Research Database (Denmark)

    Kazempour, Jalal; Pinson, Pierre; Hobbs, Benjamin F.

    2018-01-01

    Two desirable properties of electricity market mechanisms include: i) revenue adequacy for the market, and ii) cost recovery for all generators. Previously proposed stochastic market-clearing mechanisms satisfy both properties in expectation only, or satisfy one property by scenario and another...... scheme that ensures both properties by scenario. However, this approach is cost-inefficient in general and may sacrifice other desirable market attributes. Undesirable consequences include: one group of participants will have to pay more to ensure that all other participants have their costs covered......, and thus their prices will not be equilibrium supporting; and day-ahead and real-time prices are not arbitraged in expectation, although this can be fixed by allowing virtual bidders to arbitrage but at the potential cost of increased market inefficiency. Considering these pros and cons, we propose our...

  6. Canada's energy future : reference case and scenarios to 2030

    International Nuclear Information System (INIS)

    2007-01-01

    Energy is essential to the comfort and economic prosperity of Canadians. This report highlighted some of the issues that Canada faces with respect to its energy future. The report focused on emerging trends in energy supply and demand, and examined various energy futures that may be available to Canadians up to the year 2030. Three different scenarios were presented: (1) a continuing trends scenario; (2) a triple E scenario in which economic, environmental and energy objectives are balanced; and (3) a fortified islands scenario in which security concerns were coupled with international unrest and protectionist governments. The report determined that energy demand will remain a function of population and economic growth. Automobiles will continue to rely on fossil fuels. Energy efficiency will improve in relation to the effectiveness of government policies, and a move towards natural gas alternatives will occur. However, fossil fuels will remain a dominant source of energy supply. Oil sands production grew in all 3 of the evaluated scenarios. It is expected that total natural gas production will decline and imports of liquefied natural gas (LNG) will increase. In all 3 scenarios greenhouse gas (GHG) emissions increased or only slightly declined. A full spectrum of GHG mitigation strategies will need to be implemented so that Canada can meet its target of a 20 per cent reduction in GHGs by 2020. It was concluded that effective policies are needed to optimize Canada's multiple objectives of economic growth, environment sustainability, and development of energy resources. 6 tabs., 118 figs

  7. Carbon auctions, energy markets and market power: An experimental analysis

    International Nuclear Information System (INIS)

    Dormady, Noah C.

    2014-01-01

    This paper provides an experimental analysis of a simultaneous energy-emissions market under conditions of market power. The experimental design employs real-world institutional features; including stochastic demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. The results suggest that dominant firms can utilize energy-emissions market linkages to simultaneously inflate the price of energy and suppress the price of emissions allowances. Whereas under prior market designs, regulators were concerned with dominant firms exercising their market power over the emissions market to exclude rivals and manipulate the permit market by hoarding permits; the results of this paper suggest that this strategy is less profitable to dominant firms in contemporary auction-based markets than strategic capacity withholding in the energy market and associated demand reduction in the emissions market. - Highlights: • Laboratory simulation of joint energy-emissions market. • Evaluates market power under collusion and real-world institutional features. • Dominant firms can exercise market power to inflate energy prices. • Dominant firms can exercise market power to suppress emissions prices. • Supply withholding is an implicit demand reduction in the emissions market

  8. Scenarios for Benefits Analysis of Energy Research, Development,Demonstration and Deployment

    Energy Technology Data Exchange (ETDEWEB)

    Gumerman, Etan; Marnay, Chris

    2005-09-07

    For at least the last decade, evaluation of the benefits of research, development, demonstration, and deployment (RD3) by the U.S. Department of Energy has been conducted using deterministic forecasts that unrealistically presume we can precisely foresee our future 10, 25,or even 50 years hence. This effort tries, in a modest way, to begin a process of recognition that the reality of our energy future is rather one rife with uncertainty. The National Energy Modeling System (NEMS) is used by the Department of Energy's Office of Energy Efficiency and Renewable Energy (EE) and Fossil Energy (FE) for their RD3 benefits evaluation. In order to begin scoping out the uncertainty in these deterministic forecasts, EE and FE designed two futures that differ significantly from the basic NEMS forecast. A High Fuel Price Scenario and a Carbon Cap Scenario were envisioned to forecast alternative futures and the associated benefits. Ernest Orlando Lawrence Berkeley National Laboratory (LBNL) implemented these scenarios into its version of NEMS,NEMS-LBNL, in late 2004, and the Energy Information Agency created six scenarios for FE in early 2005. The creation and implementation of the EE-FE scenarios are explained in this report. Both a Carbon Cap Scenario and a High Fuel Price Scenarios were implemented into the NEMS-LBNL. EIA subsequently modeled similar scenarios using NEMS. While the EIA and LBNL implementations were in some ways rather different, their forecasts do not significantly diverge. Compared to the Reference Scenario, the High Fuel Price Scenario reduces energy consumption by 4 percent in 2025, while in the EIA fuel price scenario (known as Scenario 4) reduction from its corresponding reference scenario (known as Scenario 0) in 2025 is marginal. Nonetheless, the 4 percent demand reduction does not lead to other cascading effects that would significantly differentiate the two scenarios. The LBNL and EIA carbon scenarios were mostly identical. The only major

  9. Long-term scenarios for global energy demand and supply. Four global greenhouse mitigation scenarios. Final report

    International Nuclear Information System (INIS)

    Soerensen, B.; Meibom, P.; Kuemmel, B.

    1999-01-01

    The scenario method is used to investigate energy demand and supply systems for the 21st century. A geographical information system (GIS) is employed to assess the spatial match between supply and demand, and the robustness of the scenario against changes in assumptions is discussed, for scenarios using fossil fuels without carbon dioxide emissions, nuclear fuels with reduced accident and proliferation risks, and renewable energy from local and from more centralised installations: The year 2050 demand scenario is based on a very high goal satisfaction in all regions of the world, for the middle UN population projection. All energy efficiency measures that are technically ready and economic today are assumed in effect by year 2050. An increased fraction of total activities are assumed to occur in non-material sectors. Technical, economic and implementation issues are discussed, including the resilience to changes in particularly demand assumptions and the type of framework that would allow energy policy to employ any of (or a mix of) the scenario options. Results are presented as average energy flows per unit of land area. This geographically based presentation method gives additional insights, particularly for the dispersed renewable energy systems, but in all cases it allows to identify the need for energy transmission and trade between regions, and to display it in a visually suggestive fashion. The scenarios are examples of greenhouse mitigation scenarios, all characterised by near-zero emissions of greenhouse gases to the atmosphere. All are more expensive than the present system, but only if the cost of the negative impacts from the current system is neglected. As options for global energy policy during the next decades, the clean fossil and the renewable energy options (possibly in combination) are the only realistic ones, because the safe nuclear option requires research and development that most likely will take longer time, if it can at all be carried

  10. Long-term scenarios for global energy demand and supply. Four global greenhouse mitigation scenarios. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Soerensen, B; Meibom, P [Technical Univ. of Denmark, Lyngby (Denmark); Kuemmel, B [Royal Agricultural and Veterinary Univ., Tastrup (Denmark)

    1999-01-01

    The scenario method is used to investigate energy demand and supply systems for the 21st century. A geographical information system (GIS) is employed to assess the spatial match between supply and demand, and the robustness of the scenario against changes in assumptions is discussed, for scenarios using fossil fuels without carbon dioxide emissions, nuclear fuels with reduced accident and proliferation risks, and renewable energy from local and from more centralised installations: The year 2050 demand scenario is based on a very high goal satisfaction in all regions of the world, for the middle UN population projection. All energy efficiency measures that are technically ready and economic today are assumed in effect by year 2050. An increased fraction of total activities are assumed to occur in non-material sectors. Technical, economic and implementation issues are discussed, including the resilience to changes in particularly demand assumptions and the type of framework that would allow energy policy to employ any of (or a mix of) the scenario options. Results are presented as average energy flows per unit of land area. This geographically based presentation method gives additional insights, particularly for the dispersed renewable energy systems, but in all cases it allows to identify the need for energy transmission and trade between regions, and to display it in a visually suggestive fashion. The scenarios are examples of greenhouse mitigation scenarios, all characterised by near-zero emissions of greenhouse gases to the atmosphere. All are more expensive than the present system, but only if the cost of the negative impacts from the current system is neglected. As options for global energy policy during the next decades, the clean fossil and the renewable energy options (possibly in combination) are the only realistic ones, because the safe nuclear option requires research and development that most likely will take longer time, if it can at all be carried

  11. Sustainable energy prices and growth. Comparing macroeconomic and backcasting scenarios

    International Nuclear Information System (INIS)

    Ahlroth, Sofia; Hoejer, Mattias

    2007-01-01

    How do results from the sustainability research world of backcasting relate to the macroeconomic scenarios used for policy evaluation and planning? The answer is that they do not, mostly - they come from different scientific traditions and are not used in the same contexts. Yet they often deal with the same issues. We believe that much can be gained by bringing the two systems of thinking together. This paper is a first attempt to do so, by making qualitative comparisons between different scenarios and highlighting benefits and limitations to each of them. Why are the pictures we get of the energy future so different if we use a macroeconomic model from when using a backcasting approach based on sustainable energy use? It is evident that the methods for producing those two kinds of scenarios differ a lot, but the main reason behind the different results are found in the starting points rather than in the methods. Baseline assumptions are quite different, as well as the interpretations and importance attached to signals about the future. In this paper, it is discussed how those two types of scenarios differ and how they approach issues such as energy prices and growth. The discussion is based on a comparison between Swedish economic and sustainability scenarios. The economic scenarios aim at being forecasts of the future and are used as decision support for long-term policies. But are the assumptions in the economic scenarios reasonable? The sustainability scenarios are explicitly normative backcasting scenarios. They do not take the issue of growth and consumption fully into account. Could they be developed in this respect? The comparison between the scenarios is also used to look closer at the issue of energy prices in a society with sustainable energy use. One of the questions raised is if a low energy society calls for high energy prices. Moreover, the effects of tradable permits versus energy taxes is analysed in the context of how energy use could be kept low

  12. The market share of non-US uranium producers under different US embargo scenarios

    International Nuclear Information System (INIS)

    Franks, W.A.

    1988-01-01

    The imposition of US restrictions on the use of foreign uranium has a potentially far reaching impact. This analysis examines various US import restriction scenarios and their impact on the market both inside and outside the USA. Specifically, the market share that the non-US producers would lose is estimated for a 50% embargo, a 62.5% embargo, and a 100% embargo, with and without the grandfathering of US utilities' foreign contracts. These results are then compared to what the market share would have been in a free market. The increase in the US market share is also briefly discussed. (author)

  13. The Swedish Energy Market 2005

    International Nuclear Information System (INIS)

    2005-10-01

    The Swedish Energy Market, 2005 is an annual publication that presents information and statistics on the network based energy markets in Sweden, i.e. the markets for electricity, natural gas and district heating. It also provides an overview of the issues that have arisen on these markets during the second half of 2004 and the first half of 2005. Considerable work is being carried out in the EU on creating a single market for electricity and natural gas. This publication therefore describes expansion of the Swedish market towards a Nordic and a European market. The publication normally includes a theme chapter, describing some event of particular interest for the Swedish energy market during the year. This year, the theme chapter is devoted to the Storm Gudrun, which struck the south of the country at the beginning of January, and its effects on electricity supply throughout the country. The chapter is based on the report submitted to the Government by the Energy Markets Inspectorate in the spring of 2005, and also includes a summary of the Inspectorate's proposals for measures to improve the security of electricity transmission. Energy in Sweden, which is another of the Swedish Energy Agency's annual publications, provides information and statistics on the development of the entire Swedish energy system

  14. Energy Efficiency Market Report 2013: Market Trends and Medium-Term Prospects

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-07-01

    Energy efficiency has been referred to as a ''hidden fuel'', one that extends energy supplies, increases energy security, lowers carbon emissions and generally supports sustainable economic growth. Yet it is hiding in plain sight: in 2011, investments in the energy efficiency market globally were at a similar scale to those in renewable energy or fossil-fuel power generation. The Energy Efficiency Market Report provides a practical basis for understanding energy efficiency market activities, a review of the methodological and practical challenges associated with measuring the market and its components, and statistical analysis of energy efficiency and its impact on energy demand. It also highlights a specific technology sector in which there is significant energy efficiency market activity, in this instance appliances and ICT. The report presents a selection of country case studies that illustrate current energy efficiency markets in specific sectors, and how they may evolve in the medium term. The energy efficiency market is diffuse, varied and involves all energy-consuming sectors of the economy. A comprehensive overview of market activity is complicated by the challenges associated with quantifying the components of the market and the paucity of comparable reported data. This report underscores how vital high-quality and timely energy efficiency data is to understanding this market.

  15. Market influence on the low carbon energy refurbishment of existing multi-residential buildings

    International Nuclear Information System (INIS)

    Atkinson, Jonathan G.B.; Jackson, Tim; Mullings-Smith, Elizabeth

    2009-01-01

    This paper explores the relationship between the energy market; the political and regulatory context; and energy design decisions for existing multi-residential buildings, to determine what form the energy market landscape would take if tailored to encourage low carbon solutions. The links between market dynamics, Government strategies, and building designs are mapped to understand the steps that achieve carbon reduction from building operation. This is achieved using a model that takes financial and energy components with market and design variables to provide net present cost and annual carbon outputs. The financial component applies discounted cash flow analysis over the building lifespan, with discount rates reflecting contractual characteristics; the carbon component uses Standard Assessment Procedure (SAP) 2005. A scenario approach is adopted to test alternative strategies selected to encourage low carbon solutions in two residential and two office designs. The results show that the forward assumption of energy price escalation is the most influential factor on energy investment, together with the expected differentiation between the escalation of gas and electricity prices. Using this, and other influencing factors, the research reveals trends and strategies that will achieve mainstream application of energy efficiency and microgeneration technologies, and reduce carbon emissions in the existing multi-residential sector.

  16. Energy Sector Market Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

    2006-10-01

    This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

  17. Strategic bidding in electricity markets: An agent-based simulator with game theory for scenario analysis

    DEFF Research Database (Denmark)

    Pinto, Tiago; Praca, Isabel; Morais, Hugo

    2013-01-01

    the behavior that better fits their objectives. This model includes forecasts of competitor players’ actions, to build models of their behavior, in order to define the most probable expected scenarios. Once the scenarios are defined, game theory is applied to support the choice of the ac-tion to be performed......Electricity markets are complex environments, involving a large number of different entities, with specific charac-teristics and objectives, making their decisions and interacting in a dynamic scene. Game-theory has been widely used to sup-port decisions in competitive environments; therefore its...... application in electricity markets can prove to be a high potential tool. This paper proposes a new scenario analysis algorithm, which includes the application of game-theory, to evaluate and preview different scenarios and provide players with the ability to strategically react in order to exhibit...

  18. Energy perspectives of the France by 2020-2050. Energy scenario

    International Nuclear Information System (INIS)

    2007-09-01

    The aim of the working group was to realize quantitative approaches of the french energy system by 2020-2050 supporting the reflexions of the Energy Commission. The presented scenario are not prevision of the future. They just allow, in function of the hypothesis and the models used, to establish an approach of the consequences in term of the final energy demand. Two simulation tools were used and described in the chapter 3: Medpro-Poles and Markal-Times. The scenario are analyzed in the chapters 4 and 5. Results allow to see how the proposed measures are sufficient to reach in France the main objectives proposed by the european union. (A.L.B.)

  19. Modeling and analysis of long-term energy scenarios for sustainable strategies of Ethiopia

    Energy Technology Data Exchange (ETDEWEB)

    Senshaw, Dereje Azemraw

    2014-04-15

    Despite robust economic growth, Ethiopia is one of the countries with poor energy accesses. Contributing factors are poor availability of energy, unreliable and insufficient quality of energy, and insufficient policy. Recognizing that energy access and security are indispensable to economic transformation, Ethiopia needs to cope with key challenges related to energy security, climate change mitigation and also diversification of energy supply. In order to achieve these targets and strive towards sustainable energy for all, Ethiopia's energy system requires a major transformation. The main achievement of this research has been the development of alternative energy options under different conditions for Ethiopia up to 2050. To identify an energy pathway that would meet Ethiopia's energy needs in a sustainable manner, three scenarios are considered: the business-as usual (BAU), moderate shift (Scenario1) and the advanced shift scenario (Scenario 2). The scenarios were developed, quantified and analyzed using a bottom-up model for Long Term Alternative Energy Planning (LEAP). These scenarios represent a range of energy policy measures that Ethiopia could adopt to achieve its sustainable development goals. The BAU scenario reflects a continuation of the current policy trend and considers on economic growth rate of 7%, while Scenario 1 and Scenario 2 represent moderate and advanced levels of commitment in economic growth, energy diversity and reduction of energy import dependency and CO{sub 2} emissions limits, respectively. The scenario analysis shows that the primary energy requirements for Ethiopia's socio-economic development will increase sharply over the period (2010-2050) in all three scenarios. BAU, Scenario 1 and Scenario 2 show an expected to growth at annual rates of 4.1, 4.9 and 5.7% respectively. If the current policy trends (as represented by BAU) continue, the total energy demand in Ethiopia is expected to reach 6,553 Petajoule (PJ) by 2050

  20. Modeling and analysis of long-term energy scenarios for sustainable strategies of Ethiopia

    International Nuclear Information System (INIS)

    Senshaw, Dereje Azemraw

    2014-04-01

    Despite robust economic growth, Ethiopia is one of the countries with poor energy accesses. Contributing factors are poor availability of energy, unreliable and insufficient quality of energy, and insufficient policy. Recognizing that energy access and security are indispensable to economic transformation, Ethiopia needs to cope with key challenges related to energy security, climate change mitigation and also diversification of energy supply. In order to achieve these targets and strive towards sustainable energy for all, Ethiopia's energy system requires a major transformation. The main achievement of this research has been the development of alternative energy options under different conditions for Ethiopia up to 2050. To identify an energy pathway that would meet Ethiopia's energy needs in a sustainable manner, three scenarios are considered: the business-as usual (BAU), moderate shift (Scenario1) and the advanced shift scenario (Scenario 2). The scenarios were developed, quantified and analyzed using a bottom-up model for Long Term Alternative Energy Planning (LEAP). These scenarios represent a range of energy policy measures that Ethiopia could adopt to achieve its sustainable development goals. The BAU scenario reflects a continuation of the current policy trend and considers on economic growth rate of 7%, while Scenario 1 and Scenario 2 represent moderate and advanced levels of commitment in economic growth, energy diversity and reduction of energy import dependency and CO 2 emissions limits, respectively. The scenario analysis shows that the primary energy requirements for Ethiopia's socio-economic development will increase sharply over the period (2010-2050) in all three scenarios. BAU, Scenario 1 and Scenario 2 show an expected to growth at annual rates of 4.1, 4.9 and 5.7% respectively. If the current policy trends (as represented by BAU) continue, the total energy demand in Ethiopia is expected to reach 6,553 Petajoule (PJ) by 2050 from

  1. Wood energy x 2 - Scenario for the development of wood energy use in Switzerland

    International Nuclear Information System (INIS)

    2004-01-01

    This study for the Swiss Agency for the Environment, Forests and Landscapes (SAEFL) and the Swiss wood-energy association (Holzenergie Schweiz) presents the results of a scenario-study that examined if, and under what conditions, doubling the use of wood energy in Switzerland could help reach carbon dioxide reduction targets. Two scenarios are presented that are based on high and low rates of growth for the number of automatic wood-chipping or pellets-fired installations. For both scenarios, figures are presented on the amount of wood used and the heating energy generated. The political and financial prerequisites for the scenarios are discussed and other boundary conditions are defined. The report draws conclusions from the study of the two scenarios and summarises the political action deemed necessary

  2. The Swedish Energy Market 2005

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-10-01

    The Swedish Energy Market, 2005 is an annual publication that presents information and statistics on the network based energy markets in Sweden, i.e. the markets for electricity, natural gas and district heating. It also provides an overview of the issues that have arisen on these markets during the second half of 2004 and the first half of 2005. Considerable work is being carried out in the EU on creating a single market for electricity and natural gas. This publication therefore describes expansion of the Swedish market towards a Nordic and a European market. The publication normally includes a theme chapter, describing some event of particular interest for the Swedish energy market during the year. This year, the theme chapter is devoted to the Storm Gudrun, which struck the south of the country at the beginning of January, and its effects on electricity supply throughout the country. The chapter is based on the report submitted to the Government by the Energy Markets Inspectorate in the spring of 2005, and also includes a summary of the Inspectorate's proposals for measures to improve the security of electricity transmission. Energy in Sweden, which is another of the Swedish Energy Agency's annual publications, provides information and statistics on the development of the entire Swedish energy system.

  3. Macro-economic and energy scenarios for Japan through the long-term

    International Nuclear Information System (INIS)

    Mankin, Shuichi

    1986-03-01

    As one of studies and systems analyses on the role of VHTR and process heat utilization in future energy systems, long-term macro economic and energy scenarios of Japan until the year 2030 have been generated. This paper presents,; 1) the outline of the long-term macro econometric model and the energy system dynamics model by which these scenarios were generated, 2) back grounds and prospects on future societies of Japan and exogeneous assumptions for calculations, and 3) macro energy and economic scenarios generated. Reflecting the present economic prospects, these scenarios are seemed to be of extremely low-growth type, however, the role of VHTR and its energy systems could be prospected clealy to play a large and important role within these scenario regions. Basic philosophies of scenario generations are also mentioned in this paper. (author)

  4. Market conditions affecting energy efficiency investments

    International Nuclear Information System (INIS)

    Seabright, J.

    1996-01-01

    The global energy efficiency market is growing, due in part to energy sector and macroeconomic reforms and increased awareness of the environmental benefits of energy efficiency. Many countries have promoted open, competitive markets, thereby stimulating economic growth. They have reduced or removed subsidies on energy prices, and governments have initiated energy conservation programs that have spurred the wider adoption of energy efficiency technologies. The market outlook for energy efficiency is quite positive. The global market for end-use energy efficiency in the industrial, residential and commercial sectors is now estimated to total more than $34 billion per year. There is still enormous technical potential to implement energy conservation measures and to upgrade to the best available technologies for new investments. For many technologies, energy-efficient designs now represent less than 10--20% of new product sales. Thus, creating favorable market conditions should be a priority. There are a number of actions that can be taken to create favorable market conditions for investing in energy efficiency. Fostering a market-oriented energy sector will lead to energy prices that reflect the true cost of supply. Policy initiatives should address known market failures and should support energy efficiency initiatives. And market transformation for energy efficiency products and services can be facilitated by creating an institutional and legal structure that favors commercially-oriented entities

  5. The 2 oC scenario-A sustainable world energy perspective

    International Nuclear Information System (INIS)

    Krewitt, Wolfram; Simon, Sonja; Graus, Wina; Teske, Sven; Zervos, Arthouros; Schaefer, Oliver

    2007-01-01

    A target-oriented scenario of future energy demand and supply is developed in a backcasting process. The main target is to reduce global CO 2 emissions to around 10 Gt/a in 2050, thus limiting global average temperature increase to 2 o C and preventing dangerous anthropogenic interference with the climate system. A 10-region energy system model is used for simulating global energy supply strategies. A review of sector and region-specific energy efficiency measures resulted in the specification of a global energy demand scenario incorporating strong energy efficiency measures. The corresponding supply scenario has been developed in an iterative process in close cooperation with stakeholders and regional counterparts from academia, NGOs and the renewable energy industry. The 2 o C scenario shows that renewable energy could provide as much as half of the world's energy needs by 2050. Developing countries can virtually stabilise their CO 2 emissions, while at the same time increasing energy consumption through economic growth. OECD countries will be able to reduce their emissions by up to 80%

  6. Residential/commercial market for energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Glesk, M M

    1979-08-01

    The residential/commercial market sector, particularly as it relates to energy technologies, is described. Buildings account for about 25% of the total energy consumed in the US. Market response to energy technologies is influenced by several considerations. Some considerations discussed are: industry characteristics; market sectors; energy-consumption characeristics; industry forecasts; and market influences. Market acceptance may be slow or nonexistent, the technology may have little impact on energy consumption, and redesign or modification may be necessary to overcome belatedly perceived market barriers. 7 figures, 20 tables.

  7. Securing energy efficiency as a high priority. Scenarios for common appliance electricity consumption in Thailand

    Energy Technology Data Exchange (ETDEWEB)

    Foran, T. [Unit for Social and Environmental Research USER, Faculty of Social Sciences, Chiang Mai University, P.O. Box 144, Chiang Mai, 50200 (Thailand); Du Pont, P.T. [International Resources Group and Joint Graduate School of Energy and Environment, Bangkok (Thailand); Parinya, P. [The Joint Graduate School of Energy and Environment, King Mongkut' s University of Technology Thonburi, Bangkok (Thailand); Phumaraphand, N. [Electricity Generating Authority of Thailand, Nonthaburi (Thailand)

    2010-11-15

    Between 1995 and 2008, Thailand's energy efficiency programs produced an estimated total of 8,369 GWh/year energy savings and 1,471 MW avoided peak power. Despite these impressive saving figures, relatively little future scenario analysis is available to policy makers. Before the 2008 global financial crisis, electricity planners forecasted 5-6% long-term increases in demand. We explored options for efficiency improvements in Thailand's residential sector, which consumes more than 20% of Thailand's total electricity consumption of 150 TWh/year. We constructed baseline and efficient scenarios for the period 2006-2026, for air conditioners, refrigerators, fans, rice cookers, and compact fluorescent light bulbs. We drew on an appliance database maintained by Electricity Generating Authority of Thailand's voluntary labeling program. For the five appliances modeled, the efficiency scenario results in total savings of 12% of baseline consumption after 10 years and 29% of baseline after 20 years. Approximately 80% of savings come from more stringent standards for air conditioners, including phasing out unregulated air conditioner sales within 6 years. Shifting appliance efficiency standards to current best-in-market levels within 6 years produces additional savings. We discuss institutional aspects of energy planning in Thailand that thus far have limited the consideration of energy efficiency as a high-priority resource.

  8. Market penetration scenarios for fuel cell vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Thomas, C.E.; James, B.D.; Lomax, F.D. Jr. [Directed Technologies, Inc., Arlington, VA (United States)

    1997-12-31

    Fuel cell vehicles may create the first mass market for hydrogen as an energy carrier. Directed Technologies, Inc., working with the US Department of Energy hydrogen systems analysis team, has developed a time-dependent computer market penetration model. This model estimates the number of fuel cell vehicles that would be purchased over time as a function of their cost and the cost of hydrogen relative to the costs of competing vehicles and fuels. The model then calculates the return on investment for fuel cell vehicle manufacturers and hydrogen fuel suppliers. The model also projects the benefit/cost ratio for government--the ratio of societal benefits such as reduced oil consumption, reduced urban air pollution and reduced greenhouse gas emissions to the government cost for assisting the development of hydrogen energy and fuel cell vehicle technologies. The purpose of this model is to assist industry and government in choosing the best investment strategies to achieve significant return on investment and to maximize benefit/cost ratios. The model can illustrate trends and highlight the sensitivity of market penetration to various parameters such as fuel cell efficiency, cost, weight, and hydrogen cost. It can also illustrate the potential benefits of successful R and D and early demonstration projects. Results will be shown comparing the market penetration and return on investment estimates for direct hydrogen fuel cell vehicles compared to fuel cell vehicles with onboard fuel processors including methanol steam reformers and gasoline partial oxidation systems. Other alternative fueled vehicles including natural gas hybrids, direct injection diesels and hydrogen-powered internal combustion hybrid vehicles will also be analyzed.

  9. MODELLING OF SCENARIOS OF THE CRISIS PHENOMENA TRANSFER AMONG FINANCIAL MARKETS

    Directory of Open Access Journals (Sweden)

    Inna Strelchenko

    2017-11-01

    Full Text Available The phenomenon of crisis transference among financial markets in different countries is especially evident during the global financial crisis of 2007-2009. Abnormal imbalances emerged in the market of secondary financial instruments in the United States in the second half of 2006 and quickly spread to the financial markets of most countries of the world. However, the rate of fall of the main macroeconomic indicators, the duration of the latent period (the time between the date of the beginning of the financial crisis in the source country and date of the recorded fall in GDP of the country that is subjected to “contagion” (Strelchenko, 2016, and recovery period are substantially different. To generate an effective economic policy actually, there is a task of determining the possible scenarios of transferring crisis. The research subject is a process of transfer of the crisis phenomena among the financial markets of countries with different levels of economic development. Methodology. The paper presents the results of a study on the differentiation of the financial markets reactions to the crisis transfer. To build the corresponding classification model, self-organization Kohonen neural networks are used. The purpose of this work is to build a neural network model for clustering economies according to the response to external financial shocks. This model allows predicting the scenarios of transferring crisis among financial markets. Conclusion. As a result of the study, there is built a neural network with the architecture of the Kohonen map. The neural network has one hidden layer consisting of six neurons and has a hexagonal structure. Six clusters describe six possible scenarios of the economy dynamics under the impact of the transfer of crises. Cluster number one and two unite countries characterized by a short period of economic recovery and return of the main macroeconomic indicators to the precrisis levels. A longer recovery period and

  10. Assets and place of nuclear power on the European energy market

    International Nuclear Information System (INIS)

    Damianov, S.; Giger, F.

    2001-01-01

    In the current context of falling prices, nuclear power proves competitive and this will only progress in the coming years. For the future, nuclear power must draw on two assets, namely environment and economy. It offers a reliable and stable procurement policy, with both security and energy independence. As a matter of fact, only nuclear power may guarantee stable prices over the long term. Other energy sources are branded by a high volatility in prices. And this volatility has a price in itself: customers are obliged to hedge their risk exposure with financial tools. It remains to be assessed what will be the share of these risk-coverage tools in the various energy offers, and what amounts the customers will be ready to pay for their risk-exposure. All the above being economical scenarios in a newly emerging and fluctuating market, where forecasts and market trending are still relatively doubtful. (author)

  11. Emissions reduction scenarios in the Argentinean Energy Sector

    International Nuclear Information System (INIS)

    Di Sbroiavacca, Nicolás; Nadal, Gustavo; Lallana, Francisco; Falzon, James; Calvin, Katherine

    2016-01-01

    In this paper the LEAP, TIAM-ECN, and GCAM models were applied to evaluate the impact of a variety of climate change control policies (including carbon pricing and emission constraints relative to a base year) on primary energy consumption, final energy consumption, electricity sector development, and CO_2 emission savings of the energy sector in Argentina over the 2010–2050 period. The LEAP model results indicate that if Argentina fully implements the most feasible mitigation measures currently under consideration by official bodies and key academic institutions on energy supply and demand, such as the ProBiomass program, a cumulative incremental economic cost of 22.8 billion US$(2005) to 2050 is expected, resulting in a 16% reduction in GHG emissions compared to a business-as-usual scenario. These measures also bring economic co-benefits, such as a reduction of energy imports improving the balance of trade. A Low CO_2 price scenario in LEAP results in the replacement of coal by nuclear and wind energy in electricity expansion. A High CO_2 price leverages additional investments in hydropower. By way of cross-model comparison with the TIAM-ECN and GCAM global integrated assessment models, significant variation in projected emissions reductions in the carbon price scenarios was observed, which illustrates the inherent uncertainties associated with such long-term projections. These models predict approximately 37% and 94% reductions under the High CO_2 price scenario, respectively. By comparison, the LEAP model, using an approach based on the assessment of a limited set of mitigation options, predicts an 11.3% reduction. The main reasons for this difference include varying assumptions about technology cost and availability, CO_2 storage capacity, and the ability to import bioenergy. An emission cap scenario (2050 emissions 20% lower than 2010 emissions) is feasible by including such measures as CCS and Bio CCS, but at a significant cost. In terms of technology

  12. International energy market dynamics: a modelling approach. Tome 2; La dynamique du marche mondial de l`energie: une approche modelisee. Tome 2

    Energy Technology Data Exchange (ETDEWEB)

    Nachet, S

    1996-02-14

    This work is an attempt to model international energy market and reproduce the behaviour of both energy demand and supply. Energy demand was represented using sector versus source approach. For developing countries, existing link between economic and energy sectors were analysed. Energy supply is exogenous for energy sources other than oil and natural gas. For hydrocarbons, exploration-production process was modelled and produced figures as production yield, exploration effort index, ect. The model build is econometric and is solved using a software that was constructed for this purpose. We explore the energy market future using three scenarios and obtain projections by 2010 for energy demand per source and oil and natural gas supply per region. Economic variables are used to produce different indicators as energy intensity, energy per capita, etc. (author). 378 refs., 26 figs., 35 tabs., 11 appends.

  13. International energy market dynamics: a modelling approach. Tome 1; La dynamique du marche mondial de l`energie: une approche modelisee. Tome 1

    Energy Technology Data Exchange (ETDEWEB)

    Nachet, S

    1996-02-14

    This work is an attempt to model international energy market and reproduce the behaviour of both energy demand and supply. Energy demand was represented using sector versus source approach. For developing countries, existing link between economic and energy sectors were analysed. Energy supply is exogenous for energy sources other than oil and natural gas. For hydrocarbons, exploration-production process was modelled and produced figures as production yield, exploration effort index, etc. The model built is econometric and is solved using a software that was constructed for this purpose. We explore the energy market future using three scenarios and obtain projections by 2010 for energy demand per source and oil natural gas supply per region. Economic variables are used to produce different indicators as energy intensity, energy per capita, etc. (author). 378 refs., 26 figs., 35 tabs., 11 appends.

  14. 'Normal' markets, market imperfections and energy efficiency

    International Nuclear Information System (INIS)

    Sanstad, A.H.; Howarth, R.B.

    1994-01-01

    The conventional distinction between 'economic' and 'engineering' approaches to energy analysis obscures key methodological issues concerning the measurement of the costs and benefits of policies to promote the adoption of energy-efficient technologies. The engineering approach is in fact based upon firm economic foundations: the principle of lifecycle cost minimization that arises directly from the theory of rational investment. Thus, evidence that so-called 'market barriers' impede the adoption of cost-effective energy-efficient technologies implies the existence of market failures as defined in the context of microeconomic theory. A widely held view that the engineering view lacks economic justification, is based on the fallacy that markets are 'normally' efficient. (author)

  15. Futures hedging effectiveness under the segmentation of bear/bull energy markets

    International Nuclear Information System (INIS)

    Chang, Chiao-Yi; Lai, Jing-Yi; Chuang, I-Yuan

    2010-01-01

    This article undertakes eight hedging models (Regression, MD-GARCH, BEKK-GARCH, CCC-GARCH, ECM-MD, ECM-BEKK, ECM-CCC, and state space models) to investigate hedging effectiveness of different price scenarios in energy futures markets. Different models have systematically evidenced that hedging effectiveness is higher in an increasing pattern (termed 'bull markets') than in a decreasing pattern (termed 'bear markets') for crude oil and gasoline futures. That is, findings show asymmetric hedging performance between upward and downward price trends consistently from the most popular hedging models in literature. Out-of-sample examination also suggests that the ranking of hedging effectiveness of different hedging models is not parallel in different price patterns across futures contracts, implying that investors should adjust their hedging strategies accordingly. (author)

  16. Future waste treatment and energy systems – examples of joint scenarios

    International Nuclear Information System (INIS)

    Münster, M.; Finnveden, G.; Wenzel, H.

    2013-01-01

    Highlights: • Approach for use of scenarios dealing with both waste management and energy issues. • Overall scenarios for the common project and sub-scenarios in parts of the project. • Combining different types of scenarios to the tools of different disciplines. • Use of explorative external scenarios based on marginals for consequential LCA. - Abstract: Development and use of scenarios for large interdisciplinary projects is a complicated task. This article provides practical examples of how it has been carried out in two projects addressing waste management and energy issues respectively. Based on experiences from the two projects, recommendations are made for an approach concerning development of scenarios in projects dealing with both waste management and energy issues. Recommendations are given to develop and use overall scenarios for the project and leave room for sub-scenarios in parts of the project. Combining different types of scenarios is recommended, too, in order to adapt to the methods and tools of different disciplines, such as developing predictive scenarios with general equilibrium tools and analysing explorative scenarios with energy system analysis tools. Furthermore, as marginals identified in differing future background systems determine the outcomes of consequential life cycle assessments (LCAs), it is considered advisable to develop and use explorative external scenarios based on possible marginals as a framework for consequential LCAs. This approach is illustrated using an on-going Danish research project

  17. DGEMP-OE (2008) Energy Baseline Scenario. Synthesis report; Scenario energetique de reference DGEMP-OE(2008). Rapport de synthese

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    A 'Business as usual' or 'Baseline' scenario of energy trends to 2020-2030 is produced by France every four years, as requested by the International Energy Agency in order to update the global scenarios published in its World Energy Outlook. Since the most recent scenario of this type was drawn up in 2003-2004, the time has come to renew the effort for the IEA's next in-depth review of French energy policy. Specifically, the DGEMP seeks to predict the future of France's energy situation assuming that no policies or new measures are taken affecting (i.e. improving or deteriorating) the situation other than those already in place or adopted as of 1 January 2008 (in other words, before measures such as those stemming from the Grenelle Environment Forum). On the other hand, it is assumed that change in the energy system is guided by 'conventional wisdom' according to which political options and behaviours by economic units are expected to be 'reasonable'. As a result, even should its projections prove inappropriate, this cannot be considered a 'worst-case' scenario. Indeed, beyond the IEA, this scenario can be used to establish an MEA (Multilateral Environment Agreement) scenario (based on existing measures) for national communications submitted under the U.N. Climate Convention. The scenarios by the 'Energy' Commission, part of the Centre d'Analyse Strategique (CAS), could have been used, particularly since the consultant who worked with the CAS to develop its scenarios was also commissioned by the DGEMP. However, several considerations argued in favour of proceeding separately: - The CAS scenarios drew on the DGEMP's 2004 baseline scenario, even though certain parameters were updated (in particular energy prices). - Moreover, the concept underpinning the DGEMP baseline scenario is that it should to every extent possible remain constant over time to secure continued consensus on this &apos

  18. Rogeaulito: A World Energy Scenario Modeling Tool for Transparent Energy System Thinking

    International Nuclear Information System (INIS)

    Benichou, Léo; Mayr, Sebastian

    2014-01-01

    Rogeaulito is a world energy model for scenario building developed by the European think tank The Shift Project. It’s a tool to explore world energy choices from a very long-term and systematic perspective. As a key feature and novelty it computes energy supply and demand independently from each other revealing potentially missing energy supply by 2100. It is further simple to use, didactic, and open source. As such, it targets a broad user group and advocates for reproducibility and transparency in scenario modeling as well as model-based learning. Rogeaulito applies an engineering approach using disaggregated data in a spreadsheet model.

  19. Rogeaulito: A World Energy Scenario Modeling Tool for Transparent Energy System Thinking

    Energy Technology Data Exchange (ETDEWEB)

    Benichou, Léo, E-mail: leo.benichou@theshiftproject.org [The Shift Project, Paris (France); Mayr, Sebastian, E-mail: communication@theshiftproject.org [Paris School of International Affairs, Sciences Po., Paris (France)

    2014-01-13

    Rogeaulito is a world energy model for scenario building developed by the European think tank The Shift Project. It’s a tool to explore world energy choices from a very long-term and systematic perspective. As a key feature and novelty it computes energy supply and demand independently from each other revealing potentially missing energy supply by 2100. It is further simple to use, didactic, and open source. As such, it targets a broad user group and advocates for reproducibility and transparency in scenario modeling as well as model-based learning. Rogeaulito applies an engineering approach using disaggregated data in a spreadsheet model.

  20. Trends in the energy market after World War II (WW II)

    Science.gov (United States)

    Swart, K.

    1992-01-01

    After WW II, trends developed in the energy markets that continued virtually unbroken till 1972. The main trend was the strong growth of oil as a percentage of total energy consumed. Not only did oil monopolise the rapidly growing transportation market but it also penetrated rapidly into the stationary energy market. In the second half of the sixties, after the discovery of the Groningen Gas field, pipeline natural gas took a sizable share of the domestic and commercial energy market in Western Europe. This market was mainly fed by gas from Groningen, the North Sea and Russia. Another trend was the steady growth of electricity as a percentage of the stationary market partly based on nuclear energy. Coal was the loser. This rather steady development was upset by the first oil crisis in 1972. This crisis was a political crisis which had little to do with the physical availability of crude oil. Between 1972 and the present, periods of reasonable price stability were interrupted by violent swings in the price of oil and gas. Moreover, during this period the environmental movement became a major influence in the energy field. Notwithstanding the generally unstable market, some new trends developed after 1972 and some old ones continued. Will these trends continue long enough to be useful for making a scenario for the future? The forecaster should not assume that the development of energy consumption in the USA, Western Europe and Japan will continue to be of overwhelming importance. Developments in South East Asia and Eastern Europe should be watched very carefully. There are reasons to believe that at a certain stage in economic development, transportation demand shoots up much faster than economic growth, leading to a rapid demand growth for distillate oil. Of importance is also how will the rapidly developing countries generate their increasing demand for electricity and how will they fuel their industry? There can be little doubt that in the rich countries

  1. Carbon dioxide emissions from Russia's electricity sector: future scenarios

    International Nuclear Information System (INIS)

    Steenhof, Paul A.; Hill, Malcolm R.

    2006-01-01

    This article investigates future greenhouse gas emission scenarios for Russia's electricity sector, a topic of importance since Russia's ratification of the Kyoto Protocol in November 2004. Eleven scenarios are constructed to the year 2020 considering economic and technological details in both the demand and supply sides of the sector. The scenarios are based upon a thorough review of the different factors controlling carbon dioxide emissions, including potential economic growth, changes in energy efficiency and technological development, and that Russia may export large amounts of natural gas to European and Asian markets. The most likely scenario is that Russia will double industrial output over the next 10 years, increase energy efficiency in the demand sector, will remain consistent to the goals of the Energy Strategy 2020 and will implement more efficient technology in the electricity supply sector. Consequently, carbon dioxide emissions will still be 102 million tonnes below 1990 levels in 2010, representing a significant source for emission reduction credits available to be sold on international markets or transferred to the next crediting period. (Author)

  2. Quantifying the Effects of Biomass Market Conditions and Policy Incentives on Economically Feasible Sites to Establish Dedicated Energy Crops

    Directory of Open Access Journals (Sweden)

    Sandhya Nepal

    2015-11-01

    Full Text Available This study used a spatially-explicit model to identify the amount and spatial distribution of economically feasible sites for establishing dedicated energy crops under various market and policy scenarios. A sensitivity analysis was performed for a biomass market with different discount rates and biomass prices as well as policy scenarios including propriety tax exemption, carbon offset payments, and the inclusion of farmland for biomass production. The model was applied to a four-county study area in Kentucky representing conditions commonly found in the Ohio River Valley. Results showed that both biomass price and discount rate have a can strongly influence the amount of economically efficient sites. Rising the biomass price by 5 $·t−1 and lowering discount rate by 1% from the baseline scenario (40 $·t−1 and 5% resulted in an over fourteen fold increment. Property tax exemption resulted in a fourfold increase, a carbon payment on only 1 $·t−1 caused a twelve fold increase and extending the landbase from marginal land to farmland only slightly increase the economically efficient sites. These results provide an objective evaluation of market and policy scenarios in terms of their potential to increase land availability for establishing dedicated energy crops and to promote the bioenergy industry.

  3. Future waste treatment and energy systems – examples of joint scenarios

    DEFF Research Database (Denmark)

    Münster, Marie; Finnveden, G.; Wenzel, H.

    2013-01-01

    of scenarios is recommended, too, in order to adapt to the methods and tools of different disciplines, such as developing predictive scenarios with general equilibrium tools and analysing explorative scenarios with energy system analysis tools. Furthermore, as marginals identified in differing future......Development and use of scenarios for large interdisciplinary projects is a complicated task. This article provides practical examples of how it has been carried out in two projects addressing waste management and energy issues respectively. Based on experiences from the two projects......, recommendations are made for an approach concerning development of scenarios in projects dealing with both waste management and energy issues. Recommendations are given to develop and use overall scenarios for the project and leave room for sub-scenarios in parts of the project. Combining different types...

  4. Multi-criteria ranking of energy generation scenarios with Monte Carlo simulation

    International Nuclear Information System (INIS)

    Baležentis, Tomas; Streimikiene, Dalia

    2017-01-01

    Highlights: • Two advanced optimization models were applied for EU energy policy scenarios development. • Several advanced MCDA were applied for energy policy scenarios ranking: WASPAS, ARAS, TOPSIS. • A Monte Carlo simulation was applied for sensitivity analysis of scenarios ranking. • New policy insights in terms of energy scenarios forecasting were provided based on research conducted. - Abstract: Integrated Assessment Models (IAMs) are omnipresent in energy policy analysis. Even though IAMs can successfully handle uncertainty pertinent to energy planning problems, they render multiple variables as outputs of the modelling. Therefore, policy makers are faced with multiple energy development scenarios and goals. Specifically, technical, environmental, and economic aspects are represented by multiple criteria, which, in turn, are related to conflicting objectives. Preferences of decision makers need to be taken into account in order to facilitate effective energy planning. Multi-criteria decision making (MCDM) tools are relevant in aggregating diverse information and thus comparing alternative energy planning options. The paper aims at ranking European Union (EU) energy development scenarios based on several IAMs with respect to multiple criteria. By doing so, we account for uncertainty surrounding policy priorities outside the IAM. In order to follow a sustainable approach, the ranking of policy options is based on EU energy policy priorities: energy efficiency improvements, increased use of renewables, reduction in and low mitigations costs of GHG emission. The ranking of scenarios is based on the estimates rendered by the two advanced IAMs relying on different approaches, namely TIAM and WITCH. The data are fed into the three MCDM techniques: the method of weighted aggregated sum/product assessment (WASPAS), the Additive Ratio Assessment (ARAS) method, and technique for order preference by similarity to ideal solution (TOPSIS). As MCDM techniques allow

  5. Rogeaulito: a world energy scenario modeling tool for transparent energy system thinking

    Directory of Open Access Journals (Sweden)

    Léo eBenichou

    2014-01-01

    Full Text Available Rogeaulito is a world energy model for scenario building developed by the European think tank The Shift Project. It’s a tool to explore world energy choices from a very long-term and systematic perspective. As a key feature and novelty it computes energy supply and demand independently from each other revealing potentially missing energy supply by 2100. It is further simple to use, didactic and open source. As such, it targets a broad user group and advocates for reproducibility and transparency in scenario modeling as well as model-based learning. Rogeaulito applies an engineering approach using disaggregated data in a spreadsheet model.

  6. Potential impacts assessment of plug-in electric vehicles on the Portuguese energy market

    International Nuclear Information System (INIS)

    Camus, C.; Farias, T.; Esteves, J.

    2011-01-01

    Electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), which obtain their fuel from the grid by charging a battery, are set to be introduced into the mass market and expected to contribute to oil consumption reduction. In this research, scenarios for 2020 EVs penetration and charging profiles are studied integrated with different hypotheses for electricity production mix. The impacts in load profiles, spot electricity prices and emissions are obtained for the Portuguese case study. Simulations for year 2020, in a scenario of low hydro production and high prices, resulted in energy costs for EVs recharge of 20 cents/kWh, with 2 million EVs charging mainly at evening peak hours. On the other hand, in an off-peak recharge, a high hydro production and low wholesale prices' scenario, recharge costs could be reduced to 5.6 cents/kWh. In these extreme cases, EV's energy prices were between 0.9 Euro to 3.2 Euro per 100 km. Reductions in primary energy consumption, fossil fuels use and CO 2 emissions of up to 3%, 14% and 10%, respectively, were verified (for a 2 million EVs' penetration and a dry year's off-peak recharge scenario) from the transportation and electricity sectors together when compared with a BAU scenario without EVs. - Highlights: → EVs and PHEVs impacts in energy, power profiles and spot electricity prices. → Reductions in primary energy consumption, fossil fuels use and CO 2 emissions. → Electricity production with more % of fossil fuels technologies and renewable ones. → Comparison between extreme charging profiles, peak and off-peak, in charging cost.

  7. Questions. Is sustainable development compatible with the opening of energy markets? The French trends

    International Nuclear Information System (INIS)

    Lapeyre, M.

    2003-03-01

    This document reports on a presentation given at the inter-town syndicate for gas and electricity in Ile-de-France (SIGEIF) by M. Lapeyre from the National federation of granted organizations and public corporations (FNCCR). This presentation treats of the opening of energy markets to competition and its compatibility with the sustainable development concepts: competition in the energy supply: economic growth (good and bad scenarios), social equity (foreign examples, specifications of energy supplies, control of obligations), environment; the network activity monopoly: difficulties generated by the opening of markets (rise of free prices, bad share of investments, outages, environmental constraints), solutions to be implemented to avoid such difficulties (standards, sanctions). A series of questions and answers precise some points of the presentation. (J.S.)

  8. Regional energy system optimization - Potential for a regional heat market

    International Nuclear Information System (INIS)

    Karlsson, Magnus; Gebremedhin, Alemayehu; Klugman, Sofia; Henning, Dag; Moshfegh, Bahram

    2009-01-01

    Energy supply companies and industrial plants are likely to face new situations due to, for example, the introduction of new energy legislation, increased fuel prices and increased environmental awareness. These new prerequisites provide companies with new challenges but also new possibilities from which to benefit. Increased energy efficiency within companies and increased cooperation between different operators are two alternatives to meet the new conditions. A region characterized by a high density of energy-intensive processes is used in this study to find the economic potential of connecting three industrial plants and four energy companies, within three local district heating systems, to a regional heat market, in which different operators provide heat to a joint district heating grid. Also, different investment alternatives are studied. The results show that the economical potential for a heat market amounts to between 5 and 26 million EUR/year with payback times ranging from two to eleven years. However, the investment costs and the net benefit for the total system need to be allotted to the different operators, as they benefit economically to different extents from the introduction of a heat market. It is also shown that the emissions of CO 2 from the joint system would decrease compared to separate operation of the systems. However, the valuation of CO 2 emissions from electricity production is important as the difference of emitted CO 2 between the accounting methods exceeds 650 kton/year for some scenarios

  9. Energy technology perspectives - scenarios and strategies to 2050

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-11-03

    At their 2005 summit in Gleneagles, G8 leaders confronted questions of energy security and supply and lowering of CO{sub 2} emissions and decided to act with resolve and urgency. They called upon the International Energy Agency to provide advice on scenarios and strategies for a clean and secure energy future. Energy Technology Perspectives is a response to the G8 request. This work demonstrates how energy technologies can make a difference in a series of global scenarios to 2050. It reviews in detail the status and prospects of key energy technologies in electricity generation, buildings, industry and transport. It assesses ways the world can enhance energy security and contain growth in CO{sub 2} emissions by using a portfolio of current and emerging technologies. Major strategic elements of a successful portfolio are energy efficiency, CO{sub 2} capture and storage, renewables and nuclear power. 110 figs., 4 annexes.

  10. Feasibility study on the potential of development of renewable energies for the ZAC de l'Horloge in Romainville. Study of opportunities in renewable energies and definition of energy supply scenarios. Analysis and comparison of energy supply scenarios

    International Nuclear Information System (INIS)

    2011-12-01

    A first report proposes an overview of available renewable energy sources (geothermal, solar, and wind energy, green electricity, methanization, wood energy, waste water valorisation, connection to an existing heat network). For each of them, it presents a resource assessment, a discussion of constraints, or, should the occasion occur an overview of local providers (for wood), or an assessment of different options (small and large wind energy installations). It also presents demands made by existing sites on the studied area and at its neighbourhood. Energy supply scenarios are briefly defined. The second report proposes an analysis and a comparison of these scenarios. After a presentation of hypotheses and methodology, scenarios are presented in terms of energy needs, energy production and its relationship with the performance of positive energy buildings, adequacy with resource. Beside a reference scenario, these scenarios are named Dogger, Biomass, Wood, Clustered sectors. Comparison is performed in terms of energetic, economic and environmental assessments

  11. A 'business-as-usual' energy scenario for France at the 2020 vista

    International Nuclear Information System (INIS)

    Giraud, P.N.

    2000-01-01

    A 'business-as-usual' energy scenario is the most probable scenario where the energy demand follows the trends of the past and where no new energy policy is implemented. This work is a complement to the three contrasted energy scenarios built in 1998 by the 'Energy 2010-2020' prospective group of the French general commission of national development. The scenario built in this study is only a reference which allows the measure the efforts made to reach political goals. The main conclusion of this scenario is the increase of the CO 2 emissions under the double effect of the economic growth and of the cessation of the nuclear program which becomes non-competitive with respect to the gas prices and actualization rates retained in the scenario. The main constraint of the energy future is incontestably the necessary fight against the greenhouse effect. (J.S.)

  12. Pollution Under Environmental Regulation in Energy Markets

    CERN Document Server

    Gullì, Francesco

    2013-01-01

    Pollution Under Environmental Regulation in Energy Markets provides a study of environmental regulation when energy markets are imperfectly competitive. This theoretical treatment focuses on three relevant cases of energy markets. First, the residential space heating sector where hybrid regulation such as taxation and emissions trading together are possible. Second, the electricity market where transactions are organized in the form of multi-period auctions. Third, namely natural gas (input) and electricity (output) markets where there is combined imperfect competition in vertical related energy markets.   The development of free or low carbon technologies supported by energy policies, aiming at increasing security of supply, is also explored whilst considering competition policies that reduce market power in energy markets thus improving market efficiency. Pollution Under Environmental Regulation in Energy Markets discusses the key issues of whether imperfect competition can lessen the ability of environmen...

  13. Stochastic multiobjective self-scheduling of a power producer in joint energy and reserves markets

    International Nuclear Information System (INIS)

    Vahidinasab, V.; Jadid, S.

    2010-01-01

    This paper presents a stochastic multiobjective model for self-scheduling of a power producer which participates in the day-ahead joint energy and reserves markets. The objective of a power producer is to compromise the conflicting objectives of payoff maximization and gaseous emissions minimization when committing its generation of thermal units. The proposed schedule will be used by the power producers to decide on emission quota arbitrage opportunities and for strategic bidding to the energy and reserves market. The paper analyzes a scenario-based multiobjective model in which random distributions, such as price forecasting inaccuracies as well as forced outage of generating units are modeled as scenarios tree using a combined fuzzy c-mean/Monte-Carlo simulation (FCM/MCS) method. With the above procedure the stochastic multiobjective self-scheduling problem is converted into corresponding deterministic problems. Then a multiobjective mathematical programming (MMP) approach based on ε-constraint method is implemented for each deterministic scenario. Piecewise linearized fuel and emission cost functions are applied for computational efficiency and the model is formulated as a mixed-integer programming (MIP) problem. Numerical simulations for a power producer with 21 thermal units are discussed to demonstrate the performance of the proposed approach in increasing expected payoffs by adjusting the emission quota arbitrage opportunities. (author)

  14. The world in scenarios

    International Nuclear Information System (INIS)

    De Jong, A.; Roodenburg, H.

    1992-01-01

    As an introduction to this special issue 'Worlds of difference: Scenarios's for the economy, energy and the environment 1990-2015', an outline is given of the future of the world and the Netherlands, based on four scenarios. These scenarios are published in 'Scanning the future' in May 1992 by the CPB, the Dutch Central Planning Bureau. The Global Shift (GS) scenario is characterized by a very dynamic technological development, the free market perspective, strong economic growth in the Asian economies, and a relative economic regression in Western Europe. In the European Renaissance (ER) scenario the technological development is less dynamic and more gradual than in the GS scenario. The Balanced Growth (BG) scenario is dominated by a sustainable economic development and a strong technological dynamic development. The Global Crisis (GC) scenario shows a downward spiral in many areas, stagnating developments and fragile economies as results of the trends in the eighties. The first three scenarios are elaborated for the Netherlands. Also attention is paid to the aims and meaning of long-term scenarios. 2 figs., 2 tabs., 3 refs

  15. Futures hedging effectiveness under the segmentation of bear/bull energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Chang, Chiao-Yi [Department of Money and Banking, National Kaohsiung First University of Science and Technology, No. 2, Jhuoyue Rd., Nanzih, Kaohsiung City, 811 (China); Lai, Jing-Yi; Chuang, I-Yuan [Department of Finance, National Chung-Cheng University, No. 168, University Rd., Ming-Hsiung, Chia-Yi 62102. (China)

    2010-03-15

    This article undertakes eight hedging models (Regression, MD-GARCH, BEKK-GARCH, CCC-GARCH, ECM-MD, ECM-BEKK, ECM-CCC, and state space models) to investigate hedging effectiveness of different price scenarios in energy futures markets. Different models have systematically evidenced that hedging effectiveness is higher in an increasing pattern (termed 'bull markets') than in a decreasing pattern (termed 'bear markets') for crude oil and gasoline futures. That is, findings show asymmetric hedging performance between upward and downward price trends consistently from the most popular hedging models in literature. Out-of-sample examination also suggests that the ranking of hedging effectiveness of different hedging models is not parallel in different price patterns across futures contracts, implying that investors should adjust their hedging strategies accordingly. (author)

  16. Capacity adequacy in power markets facing energy transition: A comparison of scarcity pricing and capacity mechanism

    International Nuclear Information System (INIS)

    Petitet, Marie; Finon, Dominique; Janssen, Tanguy

    2017-01-01

    This article analyses how a capacity mechanism can address security of supply objectives in a power market undergoing an energy transition that combines energy efficiency efforts to stabilise demand and a rapid increase in the proportion of renewables. To analyse this situation, power markets are simulated over the long term with a System Dynamics model integrating new investment and closure decisions. This last trait is relevant to studying investment in power generation in mature markets undergoing policy shocks. The energy-only market design with a price cap, with and without a capacity mechanism, is compared to scarcity pricing in two investment behaviour scenarios with and without risk aversion. The results show that the three market designs lead to different levels of risk for peaking unit investment and results thus differ according to which risk aversion hypothesis is adopted. Assuming a risk-neutral investor, the results indicate that compared to an energy-only market with a price cap at 3 000 €/MWh, an energy-only market with scarcity pricing and the market design with a capacity mechanism are two efficient options to reach similar levels of load loss. But under the hypothesis of risk aversion, the results highlight the advantage of the capacity mechanism over scarcity pricing. - Highlights: • Investment decisions in electricity markets are simulated by a System Dynamics model. • Capacity mechanism enhances capacity adequacy compared to the energy-only market. • With no risk aversion, capacity mechanism or scarcity pricing provide similar results. • With risk aversion, capacity mechanism appears to be the preferable market design.

  17. Market introduction of renewable energy technologies

    International Nuclear Information System (INIS)

    1997-01-01

    On 11 and 12 November 1997 the VDI Society for Energy Technology (VDI-GET) held a congress in Neuss on the ''Market introduction of renewable energy technologies'' The focal topics of the congress were as follows: market analyses for renewable energy technologies, the development of markets at home and abroad, and the framework conditions governing market introduction. Specifically it dealt with the market effects of national and international introduction measures, promotion programmes and their efficiency, the legal framework conditions governing market introduction, advanced and supplementary training, market-oriented research (e.g., for cost reduction), and improved marketing [de

  18. Scenarios of socio-economic and energy development of the country up to 2010

    International Nuclear Information System (INIS)

    Tsvetanov, P.

    1990-01-01

    The scenarios description is given as the first stage of a procedure of an energy-economy interrelations dynamics study, the other two stages being the formulation and the analysis of the development variants. The scenarios reflect quantitatively the policies and the international conditions for the socio-economic, energy demand and energy supply developments of the country. Two economic development scenarios ('high' - official macroeconomic views and 'low' - economic restructuring and decrease of energy intensity) hierarchically preside over the two corresponding energy demand scenarios of different technological evolutions ('traditional' and 'energy efficiency' oriented one) in the industry, the transport and the domestic and services sectors. Four energy supply system scenarios follow, corresponding to different approaches in the development of the energy conversion technologies and energy carriers, thus constituting a scenario tree of the studies. 16 refs., 2 figs., 7 tab., 1 ann. (R.Ts.)

  19. South Korean energy scenarios show how nuclear power can reduce future energy and environmental costs

    International Nuclear Information System (INIS)

    Hong, Sanghyun; Bradshaw, Corey J.A.; Brook, Barry W.

    2014-01-01

    South Korea is an important case study for understanding the future role of nuclear power in countries with on-going economic growth, and limited renewable energy resources. We compared quantitatively the sustainability of two ‘future-mapping’ exercises (the ‘Governmental’ scenario, which relies on fossil fuels, and the Greenpeace scenario, which emphasises renewable energy and excludes nuclear power). The comparison was based on a range of environmental and technological perspectives, and contrasted against two additional nuclear scenarios that instead envisage a dominant role for nuclear energy. Sustainability metrics included energy costs, external costs (greenhouse-gas emissions, air pollutants, land transformation, water consumption and discharge, and safety) and additional costs. The nuclear-centred scenarios yielded the lowest total cost per unit of final energy consumption by 2050 ($14.37 GJ −1 ), whereas the Greenpeace scenario has the highest ($25.36 GJ −1 ). We used probabilistic simulations based on multi-factor distributional sampling of impact and cost metrics to estimate the overlapping likelihoods among scenarios to understand the effect of parameter uncertainty on the integrated recommendations. Our simulation modelling implies that, despite inherent uncertainties, pursuing a large-scale expansion of nuclear-power capacity offers the most sustainable pathway for South Korea, and that adopting a nuclear-free pathway will be more costly and produce more greenhouse-gas emissions. - Highlights: • Nuclear power has a key role to play in mitigating greenhouse-gas emissions. • The Greenpeace scenario has higher total external cost than the nuclear scenarios. • The nuclear-centred scenarios offer the most sustainable option for South Korea. • The similar conclusions are likely to apply to other Asian countries

  20. Essays on market design and strategic behaviour in energy markets

    International Nuclear Information System (INIS)

    Lorenczik, Stefan

    2017-01-01

    The thesis at hand consists of four essays which are divided into two parts. In the first part, consisting of the first two essays, market design issues in electricity markets are discussed. More precisely, it deals with concerns regarding security of supply: First, the concerns regarding the availability of sufficient flexibility to cope with intermittent renewable energy electricity generation. And second, the consequences of insufficient investments signals in energy only markets in interconnected electricity markets. Part two deals with strategic behaviour in spatial natural resource markets. Strategic behaviour and the exertion of market power have always been a matter of concern in energy markets, especially in natural resource markets. The exertion of market power can result in deadweight losses - regulatory bodies try to address this by market regulations aiming for a welfare maximising market outcome. The first problem is to detect collusive behaviour as available data is frequently limited. The second question is how regulatory decisions may influence the market outcome. Both topics are investigated by using the example of the international metallurgical coal market.

  1. Essays on market design and strategic behaviour in energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Lorenczik, Stefan

    2017-11-13

    The thesis at hand consists of four essays which are divided into two parts. In the first part, consisting of the first two essays, market design issues in electricity markets are discussed. More precisely, it deals with concerns regarding security of supply: First, the concerns regarding the availability of sufficient flexibility to cope with intermittent renewable energy electricity generation. And second, the consequences of insufficient investments signals in energy only markets in interconnected electricity markets. Part two deals with strategic behaviour in spatial natural resource markets. Strategic behaviour and the exertion of market power have always been a matter of concern in energy markets, especially in natural resource markets. The exertion of market power can result in deadweight losses - regulatory bodies try to address this by market regulations aiming for a welfare maximising market outcome. The first problem is to detect collusive behaviour as available data is frequently limited. The second question is how regulatory decisions may influence the market outcome. Both topics are investigated by using the example of the international metallurgical coal market.

  2. Can Dutch co-generation survive threats of the liberalisation of the energy markets

    International Nuclear Information System (INIS)

    Battjes, J.J.; Rijkers, F.A.M.

    2000-07-01

    The paper presents an analysis of the effects of liberalisation of the Dutch energy markets on the future development of combined heat and power generation (co-generation) in the Netherlands. First, it reviews the historical growth in co-generation in the Netherlands and the supportive policy measures that have contributed to this growth. Second, the liberalisation process of the Dutch electricity market and the Dutch gas market is described. Subsequently, we discuss the impacts of these new market structures on co-generation by using two scenarios for the Dutch energy markets. Our assessment of the impacts is mainly focused on the cost-effectiveness of co-generation projects. We determine the key aspects that influence the cost-effectiveness of a co-generation project and analyse some of the calculations for different small-scale and large-scale co-generation projects. Based on the results, we conclude that investments in new co-generation plants are unlikely in the short term and the existing plants can barely produce with a positive cash flow. As many parties have an interest in reducing the negative effects of a liberalised energy market on co-generation, approaches are sought to improve the cost-effectiveness of co-generation in the Netherlands. We describe several optional supportive measures for co-generation mainly resulting from the determination of the barriers for co-generation. Moreover, Dutch authorities have already responded to these barriers by preparing policy measures such as investment subsidies and exemption from the energy tax. 2 refs

  3. Agriculture energy prospective by 2030: scenarios and action patterns; Prospective Agriculture Energie 2030: scenarios et pistes d'action

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This paper presents and comments the main results of a work-group focused on the evolution of agriculture in France in relationship with the new energetic context. Four scenarios have been defined, corresponding to different energetic, but also social, political and economic contexts by 2030. The first one corresponds to a severe energy crisis with an emergence of regional governance. The second one corresponds to a high volatility of energy prices, an increased easing of restrictions on trade, and a decrease of public supports and subsidies for agriculture. The third one corresponds to a strong reduction of the use of phyto-sanitary products in agriculture, a continuous urban sprawl, and the prevalence of road transport. The fourth one corresponds to agriculture respectful of the environment and a good management of energy consumption. Direct and indirect energy consumptions are assessed for the four scenarios. Some general and operational objectives are thus identified

  4. Smart market. From smart grid to the intelligent energy market

    International Nuclear Information System (INIS)

    Aichele, Christian; Doleski, Oliver D.

    2014-01-01

    Dare more market. - The design of this postulate provides an important contribution to the success of the German energy transition. The Bundesnetzagentur has shown with its highly regarded benchmark paper on smart grids and markets leads the way towards more market in the energy sector. The therein required differentiation in a network and market sphere contributes to greater transparency on the consumer side and enables a gid releaving shift in energy consumption. The book focuses on actors and roles in the modified market circumstances as well as components and products of a future Smart Markets. Finally, to the reader concrete business models are offered. Authors from science and practice give in this book answers on how the interaction of Smart Grid and Smart Market works. [de

  5. An analysis of Australia's large scale renewable energy target: Restoring market confidence

    International Nuclear Information System (INIS)

    Nelson, Tim; Nelson, James; Ariyaratnam, Jude; Camroux, Simon

    2013-01-01

    In 2001, Australia introduced legislation requiring investment in new renewable electricity generating capacity. The legislation was significantly expanded in 2009 to give effect to a 20% Renewable Energy Target (RET). Importantly, the policy was introduced with bipartisan support and is consistent with global policy trends. In this article, we examine the history of the policy and establish that the ‘stop/start’ nature of renewable policy development has resulted in investors withholding new capital until greater certainty is provided. We utilise the methodology from Simshauser and Nelson (2012) to examine whether capital market efficiency losses would occur under certain policy scenarios. The results show that electricity costs would increase by between $51 million and $119 million if the large-scale RET is abandoned even after accounting for avoided renewable costs. Our conclusions are clear: we find that policymakers should be guided by a high level public policy principle in relation to large-scale renewable energy policy: constant review is not reform. -- Highlights: •We examine the history of Australian renewable energy policy. •We examine whether capital market efficiency losses occur under certain policy scenarios. •We find electricity prices increase by up to $119 million due to renewable policy uncertainty. •We conclude that constant review of policy is not reform and should be avoided

  6. Liberalisation of the Dutch energy market

    International Nuclear Information System (INIS)

    Cace, J.; Zijlstra, G. J.

    2003-01-01

    The process of liberalisation of the Dutch energy market started in 1998 and will be completed in 2004 by opening the energy market to households and small enterprises. The fundaments of the open market are determined by the Electricity Law from 1998 and the Gas Law from 2000. The green electricity market was opened in July 2001 as a part of the environment protection package. A number of additional legal regulations, codes, procedures and agreements were developed in order to guarantee equal opportunities for all participants, create the market transparency, guarantee the continuity of supply and protect the consumer. These documents were developed by the 'Platform Versnelling Energieliberalisering', PVE (Platform for the acceleration of the liberalisation process). All relevant players from the energy market, including the major consumers, are represented in this advisory body. In the new market situation, the grid operators carry the essential responsibilities within the energy supply system. They are providing the technical security, registering the energy exchange through their grid and are generating the billing and the balance control information for suppliers and transport system operators respectively. The suppliers are the primary contact for the consumers. The complexity of the energy market liberalisation is aggravated by the difference in fundamental choices for the electricity and gas market. Electricity market is based on regulated third party access (TPA) and gas market is based on negotiated TPA. A lack of awareness of the necessity of an adequate information system appeared to be the most the most significant hurdle in establishing the open energy market. (author)

  7. Bundling and mergers in energy markets

    International Nuclear Information System (INIS)

    Granier, Laurent; Podesta, Marion

    2010-01-01

    Does bundling trigger mergers in energy industries? We observe mergers between firms belonging to various energy markets, for instance between gas and electricity providers. These mergers enable firms to bundle. We consider two horizontally differentiated markets. In this framework, we show that bundling strategies in energy markets create incentives to form multi-market firms in order to supply bi-energy packages. Moreover, we find that this type of merger is detrimental to social welfare. (author)

  8. Modeling future U.S. forest sector market and trade impacts of expansion in wood energy consumption

    Science.gov (United States)

    Peter J. Ince; Andrew D. Kramp; Kenneth E. Skog; Do-il Yoo; V. Alaric Sample

    2011-01-01

    This paper describes an approach to modeling U.S. forest sector market and trade impacts of expansion in domestic wood energy consumption under hypothetical future U.S. wood biomass energy policy scenarios. The U.S. Forest Products Module (USFPM) was created to enhance the modeling of the U.S. forest sector within the Global Forest Products Model (GFPM), providing a...

  9. 2050 pathway to an active renewable energy scenario for Jiangsu province

    International Nuclear Information System (INIS)

    Hong, Lixuan; Lund, Henrik; Mathiesen, Brian Vad; Möller, Bernd

    2013-01-01

    In 2009, Jiangsu province of China supplied 99.6 percent of its total energy consumption with fossil fuels, of which 82 percent was imported from other provinces and countries. With rising energy demand, frequent energy shortages, and increasing pollution, it is essential for Jiangsu to put more emphasis on improving its energy efficiency and utilizing its renewable resources in the future. This paper presents the integrated energy pathway for Jiangsu during its social and economic transformation until 2050. EnergyPLAN is the chosen energy system analysis tool, since it accounts for all sectors of the energy system that needs to be considered when integrating large-scale renewable energy. A current policy scenario (CPS) based on current energy policies and an ambitious policy scenario (APS) based on large-scale integration of renewable energy and ambitious measures of energy efficiency improvement are proposed. The two energy pathways are modeled and compared in terms of technology combination, non-fossil fuel shares of primary energy supply, socioeconomic costs, and CO 2 emissions. The insights from these pathways can provide valuable input for Jiangsu's future energy policies. - Highlights: ► An integrated energy pathway is designed for Jiangsu province by 2050. ► A current policy scenario and an ambitious policy scenario are modeled and assessed. ► The ambitious policy scenario can help stabilize CO 2 emissions and achieve better economy. ► The next 5–10 years would be a key period for Jiangsu's energy system transition. ► Several policy suggestions have been proposed.

  10. Estimating bounds on the macroeconomic effects of the Clean Energy Future policy scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Sanstad, A. H.; DeCanio, S. J.; Boyd, G. A.

    2000-04-04

    The Clean Energy Future (CEF) is a partial equilibrium study in that it focuses specifically on markets for energy services. It is also important, however, to consider potential effects of the CEF policies on overall economic performance. The purpose of this paper is: (1) to provide a framework for interpreting the macroeconomic (or second-order) effects that might occur under the types of scenarios analyzed in the CEF, and (2) to obtain a range of estimates of these effects associated with the Moderate and Advanced scenarios as described in the CEF study. In this paper the authors consider results from both types of model in the context of the CEF study. The primary framework and calculations focus on the second meaning given above of the term macroeconomic and the associated CGE models, because these are appropriate for analysis on the time scales of the CEF, through 2010 or 2020. Because the Keynesian-style macroeconomic models are designed and suited for short-term forecasting, they also discuss the application of one such model to the analysis of the shorter-horizon effects of certain policies to reduce carbon emissions.

  11. Scenario planning.

    Science.gov (United States)

    Enzmann, Dieter R; Beauchamp, Norman J; Norbash, Alexander

    2011-03-01

    In facing future developments in health care, scenario planning offers a complementary approach to traditional strategic planning. Whereas traditional strategic planning typically consists of predicting the future at a single point on a chosen time horizon and mapping the preferred plans to address such a future, scenario planning creates stories about multiple likely potential futures on a given time horizon and maps the preferred plans to address the multiple described potential futures. Each scenario is purposefully different and specifically not a consensus worst-case, average, or best-case forecast; nor is scenario planning a process in probabilistic prediction. Scenario planning focuses on high-impact, uncertain driving forces that in the authors' example affect the field of radiology. Uncertainty is the key concept as these forces are mapped onto axes of uncertainty, the poles of which have opposed effects on radiology. One chosen axis was "market focus," with poles of centralized health care (government control) vs a decentralized private market. Another axis was "radiology's business model," with one pole being a unified, single specialty vs a splintered, disaggregated subspecialty. The third axis was "technology and science," with one pole representing technology enabling to radiology vs technology threatening to radiology. Selected poles of these axes were then combined to create 3 scenarios. One scenario, termed "entrepreneurialism," consisted of a decentralized private market, a disaggregated business model, and threatening technology and science. A second scenario, termed "socialized medicine," had a centralized market focus, a unified specialty business model, and enabling technology and science. A third scenario, termed "freefall," had a centralized market focus, a disaggregated business model, and threatening technology and science. These scenarios provide a range of futures that ultimately allow the identification of defined "signposts" that can

  12. Market survey of the state of affairs in the Dutch energy market

    International Nuclear Information System (INIS)

    2010-09-01

    The aim of this market survey: to get insight in the knowledge, perception and behavior of consumers in relation to the energy market; to offer insight in developments in aforementioned aspects; to get insight in the effectiveness of the actions of the Dutch Office of Energy Regulation. Derived purposes/functions of the research include: an own measuring instrument for the Office of Energy Regulation, which makes them less dependent on other parties for obtaining data on the energy market; enabling periodical contact with the consumer and sounding out the mood on the energy market. The target can be translated into the following research questions: To what extent are consumers informed about the energy market, or to what extent do they know how to access relevant information?; To what extent is the energy market transparent in the eyes of the consumer?; How much confidence do consumers have in the energy market?; How do people judge the service provision of the energy companies?. [nl

  13. Application scenario analysis of Power Grid Marketing Large Data

    Science.gov (United States)

    Li, Xin; Zhang, Yuan; Zhang, Qianyu

    2018-01-01

    In recent years, large data has become an important strategic asset in the commercial economy, and its efficient management and application has become the focus of government, enterprise and academia. Power grid marketing data covers real data of electricity and other energy consumption and consumption costs and so on, which is closely related to each customer and the overall economic operation. Fully tap the inherent value of marketing data is of great significance for power grid company to make rapid and efficient response to the market demand and improve service level. The development of large data technology provides a new technical scheme for the development of marketing business under the new situation. Based on the study on current situation of marketing business, marketing information system and marketing data, this paper puts forward the application direction of marketing data and designed typical scenes for internal and external applications.

  14. Development of Optimal Stressor Scenarios for New Operational Energy Systems

    Science.gov (United States)

    2017-12-01

    OPTIMAL STRESSOR SCENARIOS FOR NEW OPERATIONAL ENERGY SYSTEMS by Geoffrey E. Fastabend December 2017 Thesis Advisor: Alejandro S... ENERGY SYSTEMS 5. FUNDING NUMBERS 6. AUTHOR(S) Geoffrey E. Fastabend 7. PERFORMING ORGANIZATION NAME(S) AND ADDRESS(ES) Naval Postgraduate School...developed and tested simulation model for operational energy related systems in order to develop better stressor scenarios for acceptance testing

  15. Phasing out nuclear in Germany: scenarios of energy policy

    International Nuclear Information System (INIS)

    Knopf, Brigitte; Pahle, Michael; Kondziella, Hendrik; Goetz, Mario; Bruckner, Thomas; Edenhofer, Ottmar; Stark, Hans; Rittelmeyer, Yann-Sven; Wissmann, Nele; Vitasse, Thomas

    2012-02-01

    After the German decision taken in 2011 to phase out nuclear, the authors analyse different scenarios of energy transition, and study the consequences of this phasing out in terms of energy needs provided by fossil fuel plants, of electricity price for households and for industries, and of CO 2 emissions. Independently from the development of renewable energies, the different effects of gas and coal plants replacing nuclear energy have been calculated and compared, and other possible scenarios have been explored. The author also discuss requirements in terms of governance for grid development, for a coordinated European policy of energy and climate, and for transparency and scientific follow-up

  16. vNet Zero Energy for Radio Base Stations- Balearic Scenario

    DEFF Research Database (Denmark)

    Sabater, Pere; Mihovska, Albena Dimitrova; Pol, Andreu Moia

    2016-01-01

    The Balearic Islands have one of the best telecommunications infrastructures in Spain, with more than 1500 Radio Base Stations (RBS) covering a total surface of 4.991,66 km². This archipelago has high energy consumption, with high CO2 emissions, due to an electrical energy production system mainly...... based on coal and fossil fuels which is not an environmentally sustainable scenario. The aim of this study is to identify the processes that would reduce the energy consumption and greenhouse gas emissions, designing a target scenario featuring "zero CO2 emissions" and "100% renewable energies" in RBS....... The energy costs, CO2 emissions and data traffic data used for the study are generated by a sample of RBS from the Balearic Islands. The results are shown in terms of energy performance for a normal and net zero emissions scenarios....

  17. Energy perspectives 2035 - Volume 2, scenarios I to IV

    International Nuclear Information System (INIS)

    Kirchner, A.

    2007-01-01

    This comprehensive report published by the Swiss Federal Office of Energy (SFOE) takes a look at the four scenarios concerning future developments in Swiss energy supply policy. The four complex scenarios include variants entitled 'business as usual', 'increased co-operation', 'new priorities' and 'on the way to a 2000-Watt society'. These scenarios deal with the development of energy demand and electricity offerings in Switzerland for the period 1990 to 2035. They are reviewed in the light of various sensitivity factors. These sensitivity factors include a high GDP, oil prices of 50 US-dollars per barrel and a warmer climate. The report presents the results of the model calculations made. First of all, the report takes a look at the motivation and aims behind the work and discusses the modelling methods, system limits and conventions used and the possibilities offered by the perspectives as well as the limits encountered. The four scenarios are then presented and discussed in detail. Implementation variants in the private, services, industrial and traffic sectors are discussed and various electricity supply variants are presented, as are the associated environmental issues involved. The scenarios are compared with each other and pricing and security of supply issues are discussed. Finally, a short synopsis of the scenarios is presented and decision criteria are discussed as are implementation instruments. Ethical dilemmas and the risks involved are noted

  18. Niche energy markets in rural areas

    International Nuclear Information System (INIS)

    Walsh, M.; McCarthy, S.

    1996-01-01

    The objective of this project is the development of a standard methodology for integrating non-food crops in rural areas with niche energy markets. This has involved a number of steps including (i) identification of 3 niche markets for energy crops which are of common interest to the partners, (ii) application of the standard costing methodology to investigate these three niche markets and (iii) comparison of the results from this work in three workshops (one for each market). Three tightly defined niche markets were identified; these were chosen following an examination of the national energy marekts in each of the partners countries (Ireland, Germany, Netherlands, UK, Greece and Portugal). This paper gives an overview of the national energy markets which were examined. The three niche markets are introduced and the reasons for their selection given. The application of the methodology to each of the niche markets is presented along with the conclusions of the partners regarding the niche markets. (Author)

  19. Essays on the economics of energy markets. Security of supply and greenhouse gas abatement

    International Nuclear Information System (INIS)

    Dieckhoener, Caroline

    2013-01-01

    In summary, the presented thesis analyzes two distinct economic subjects: security of supply in natural gas markets and greenhouse gas abatement potentials in the residential heating market. These subjects considered both reflect key points in the triangle of energy policy and are both associated with transnational market failures within energy markets. The security of supply analyses in an intermeshed network are approached from a rather normative, top-down perspective of a social planner. On the contrary, the analyses of greenhouse gases emitted by households are positive analyses of consumer choices. The normative analyses of security of supply in natural gas markets and the positive analyses on greenhouse gas abatement in the residential heating market are organized in two parts of the thesis. 1. Normative analyses - Security of supply in natural gas markets: The two papers of the first part of the dissertation thesis are based on a normative approach with the European natural gas market and infrastructure model TIGER that allows for security of supply analyses. The general idea behind the modeling approach is based on the assumption of a social planner and finds an efficient utilization of the natural gas infrastructure. More precisely, the security of supply analyses conducted in the first part of the thesis refer to scenario simulations of disrupted supply routes in the European natural gas network. The effects of these security of supply scenarios on the usage of other infrastructure components, on marginal supply costs and disruptions to consumers are investigated. 2. Positive analyses of greenhouse gas abatement potentials - Econometric modeling of consumer choices and evaluation of public policies: The second part of the thesis includes two positive analyses which investigate household choices to derive greenhouse gas abatement potentials. In the residential heating market, the energy efficiency level exhibited and the type of energy carrier used are

  20. Essays on the economics of energy markets. Security of supply and greenhouse gas abatement

    Energy Technology Data Exchange (ETDEWEB)

    Dieckhoener, Caroline

    2013-02-01

    In summary, the presented thesis analyzes two distinct economic subjects: security of supply in natural gas markets and greenhouse gas abatement potentials in the residential heating market. These subjects considered both reflect key points in the triangle of energy policy and are both associated with transnational market failures within energy markets. The security of supply analyses in an intermeshed network are approached from a rather normative, top-down perspective of a social planner. On the contrary, the analyses of greenhouse gases emitted by households are positive analyses of consumer choices. The normative analyses of security of supply in natural gas markets and the positive analyses on greenhouse gas abatement in the residential heating market are organized in two parts of the thesis. 1. Normative analyses - Security of supply in natural gas markets: The two papers of the first part of the dissertation thesis are based on a normative approach with the European natural gas market and infrastructure model TIGER that allows for security of supply analyses. The general idea behind the modeling approach is based on the assumption of a social planner and finds an efficient utilization of the natural gas infrastructure. More precisely, the security of supply analyses conducted in the first part of the thesis refer to scenario simulations of disrupted supply routes in the European natural gas network. The effects of these security of supply scenarios on the usage of other infrastructure components, on marginal supply costs and disruptions to consumers are investigated. 2. Positive analyses of greenhouse gas abatement potentials - Econometric modeling of consumer choices and evaluation of public policies: The second part of the thesis includes two positive analyses which investigate household choices to derive greenhouse gas abatement potentials. In the residential heating market, the energy efficiency level exhibited and the type of energy carrier used are

  1. Extending market activities for a distribution company in hourly-ahead energy and reserve markets-Part II: Numerical results

    International Nuclear Information System (INIS)

    Mashhour, M.; Golkar, M.A.; Moghaddas-Tafreshi, S.M.

    2011-01-01

    The present work is to show the application and implementation of the algorithms and models proposed in part I. It also represents the simulation results of (a) extracting a lumped financial model (the aggregated model) of the distribution system with distributed generations (DGs) and interruptible loads (ILs), (b) distribution company's (DISCO's) process of decision-making, based on the created financial model, on allocating its generating capability for internal usage and proposing to the hourly-ahead energy and reserve markets, and (c) a profit-based network reconfiguration methodology that increases the DISCO's technical ability and directs its financial affairs towards more profitable transactions in the upcoming markets. The function of the algorithms used for detecting unfeasible configurations, namely loop path and/or isolated part in the network are shown and well exemplified. Influential factors in DISCO's generating capability and in the coefficients of DISCO's internal cost function (ICF) are investigated. The present study substantiates the ICF-based optimization method by comparing the relevant results with the results obtained based on the use of total cost function (TCF). Several scenarios on market prices of energy and reserve and on the contingency probability factor pertaining to the real-time generation in reserve market are considered. Simulation results indicate that getting more economical benefits, DISCO may necessarily play different roles in the market and change the network configuration, at different hours.

  2. Closing the gap between short- and long-term scenarios for nuclear energy

    International Nuclear Information System (INIS)

    Toth, F. L.; Rogner, H.-H.

    2005-01-01

    Many scenarios published in recent years explore the driving forces and assess plausible ranges of global energy use and the resources they draw on. Some scenarios (e.g., OECD IEA, Organization for Economic Co-operation and Development International Energy Agency, 2004) focus on the next decade or two and project the evolution of world energy demand, supply as well as the resources, technologies, and prices to match them. Other scenarios (e.g., the Special Report on Emissions Scenarios, SRES, prepared by the Intergovernmental Panel on Climate Change, IPCC, 2000) explore the long term with a view to resource availability and depletion, technological transformations, and environmental concerns, predominantly climate change. A persistent gap (see Figure 1) can be observed in the projections for nuclear energy: near-term scenarios typically project a flat or slightly declining contribution of nuclear energy to the world energy supply whereas medium- and long-term scenarios anticipate significant increases. The magnitude of the gap between the OECD IEA (2002) projections and the median of the 40 IPCC SRES scenarios for the year 2020 amounts to almost 300 GWe installed capacity. Reasons for the gap originate in the differences between the analytical frameworks (including projection techniques) adopted by the short- and long-term studies. Another, closely related reason is the difference in the underlying assumptions, particularly their relations to recent trends and the current situation. In addition, near-term projections are heavily influenced by the social context (perceived unpopularity or outright rejection of nuclear power after Chernobyl), political factors (government pronouncements and policies at the national level, diplomacy and balancing of national positions at international organizations), economic aspects (energy market deregulation and liberalization unveiling excess capacities; financial risks), technology matters (the role of learning, definition of

  3. The use of physical indicators for industrial energy demand scenarios

    International Nuclear Information System (INIS)

    Schenk, Niels J.; Moll, Henri C.

    2007-01-01

    Scientific information on the size and nature of the threat of climate change is needed by politicians in order to weight their decisions. Computerised models are extremely useful tools to quantify the long-term effects of current policies. This paper describes a new modelling approach that allows formulation of industrial energy demand projections consistent with the assumptions for scenario drivers such as GDP and population. In the model, a level of industrial production is used as a key variable, and we define it in physical units, rather than in monetary units. The aim of this research is to increase insights that come with long-term energy demand scenarios. This research clearly shows that physical indicators provide additional insights in scenario analysis. The use of physical indicators instead of monetary indicators seems to affect the energy scenarios significantly. The differences with monetary indicators are larger in developing regions than in OECD regions. We conclude that an integrated energy and materials approach reveals developments that are hardly visible using a monetary approach. Moreover, this research shows the potential and benefits of the use of physical indicators for scenario development. (author)

  4. Optimal combination of energy crops under different policy scenarios; The case of Northern Greece

    International Nuclear Information System (INIS)

    Zafeiriou, Eleni; Petridis, Konstantinos; Karelakis, Christos; Arabatzis, Garyfallos

    2016-01-01

    Energy crops production is considered as environmentally benign and socially acceptable, offering ecological benefits over fossil fuels through their contribution to the reduction of greenhouse gases and acidifying emissions. Energy crops are subjected to persistent policy support by the EU, despite their limited or even marginally negative impact on the greenhouse effect. The present study endeavors to optimize the agricultural income generated by energy crops in a remote and disadvantageous region, with the assistance of linear programming. The optimization concerns the income created from soybean, sunflower (proxy for energy crop), and corn. Different policy scenarios imposed restrictions on the value of the subsidies as a proxy for EU policy tools, the value of inputs (costs of capital and labor) and different irrigation conditions. The results indicate that the area and the imports per energy crop remain unchanged, independently of the policy scenario enacted. Furthermore, corn cultivation contributes the most to iFncome maximization, whereas the implemented CAP policy plays an incremental role in uptaking an energy crop. A key implication is that alternative forms of motivation should be provided to the farmers beyond the financial ones in order the extensive use of energy crops to be achieved. - Highlights: •A stochastic and a deterministic LP model is formulated. •The role of CAP is vital in generated income. •Imports and cultivated areas are subsidy neutral. •The regime of free market results in lower income acquired from the potential crop mix. •Non – financial motivation is a key determinant of the farmers’ attitude towards energy crops.

  5. Northeast Solar Energy Market Coalition (NESEMC)

    Energy Technology Data Exchange (ETDEWEB)

    Rabago, Karl R. [Pace Energy and Climate Center Pace University School of Law

    2018-03-31

    The Northeast Solar Energy Market Coalition (NESEMC) brought together solar energy business associations and other stakeholders in the Northeast to harmonize regional solar energy policy and advance the solar energy market. The Coalition was managed by the Pace Energy and Climate Center, a project of the Pace University Elisabeth Haub School of Law. The NESEMC was funded by the U.S. Department of Energy SunShot Initiative as a cooperative agreement through 2017 as part of Solar Market Pathways.

  6. Deciding the Future: Energy Policy Scenarios to 2050

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-11-15

    This WEC study is bottom-up regional view of our energy future focusing on policies to ensure energy sustainability. Experts from five regions and all energy domains worked together to produce four different scenarios to predict how differing levels of cooperation and government involvement would affect the energy future of the world.

  7. Energy Efficiency Road Mapping in Three Future Scenarios for Lao PDR

    Directory of Open Access Journals (Sweden)

    Hajime Sasaki

    2013-09-01

    Full Text Available Climate change, pollution, and energy insecurity are among the greatest problems of our time. These problems are no longer issues in particular countries but international issues. Several framework conventions on these issues are now in place throughout the world, and developing countries are no exception. Energy efficiency is one of the important issues for developing countries. Lao PDR is one such country. This paper proposes a technology roadmap and policy recommendations for Lao PDR with consideration given to a wide range of economic and social impacts of prospective technologies. For the implementation of technology assessment in the formulation of an energy efficiency roadmap, we first elaborate the social and economic conditions of Lao PDR through preliminary research and field research, and then design three scenarios for a future Lao PDR. These three scenarios are as follows: 1. The "Poverty Reduction" scenario is for electrification rate improvement; 2. The "Industrial Creation" scenario is for stable domestic energy supply; and 3. The "GMS Integration" scenario is for the acquisition of foreign exchange by energy export.

  8. The internal energy market

    International Nuclear Information System (INIS)

    1988-01-01

    The briefs compile the results of the studies the Commission worked out on the subject on the basis of experiences gained on its own part, on the part of the government and on the part of the market. The briefs are based on the schematic inventory annexed which for each energy sector points out the different existing or potential obstacles to a common energy market the most comprehensive and transparent way possible. Step by step part one and part two discuss the general problems connected with the integration of energy into the internal market, priorities which according to the Commission should be investigated into, and guidelines for such investigations. (orig./UA) [de

  9. Scenario analysis of the new energy policy for Taiwan's electricity sector until 2025

    International Nuclear Information System (INIS)

    Chen, Fung-Fei; Chou, Seng-Cho; Lu, Tai-Ken

    2013-01-01

    For this study, we constructed the following three case scenarios based on the Taiwanese government's energy policy: a normal scenario, the 2008 “Sustainable Energy Policy Convention” scenario, and the 2011 “New Energy Policy” scenario. We then employed a long-term Generation Expansion Planning (GEP) optimization model to compare the three case scenarios' energy mix for power generation for the next å15 years to further explore their possible impact on the electricity sector. The results provide a reference for forming future energy policies and developing strategic responses. - Highlights: • We constructed three case scenarios based on the Taiwan government's energy policy. • We employed a long-term Generation Expansion Planning optimization model. • A significant gap exists between the carbon reduction target and baseline. • The carbon reduction target requires a holistic resolution needed taking seriously

  10. Ensuring capacity adequacy during energy transition in mature power markets: a social efficiency comparison of scarcity pricing and capacity mechanism

    International Nuclear Information System (INIS)

    Petitet, Marie; Finon, Dominique; Janssen, Tanguy

    2016-01-01

    This paper analyses how a capacity market mechanism can address security of supply objectives in the case of an energy transition scenario which combines both high energy efficiency efforts which stabilise demand in a context of mature markets and rapid increase of renewables share. The exogenous entry of variable renewables introduces a new challenge in matter of security of supply during peak hours. To analyse this situation, power markets are simulated on the long term with a model based on System Dynamics modelling which integrates both new investment and closure decisions. This last trait is an originality of the model which is very relevant to study market maturity. The addition of a capacity mechanism in a market architecture with price cap is compared to scarcity pricing in different situations. Simulations are performed for two different cases: a case without any exogenous closure of existing power plants and a case with exogenous retirements which create a need of new investments. Under the assumption of a risk-neutral investor, the results indicate that compared to an energy-only market with price cap set at euro 3,000/MWh, energy-only with scarcity pricing and capacity mechanism are two efficient market designs to reach an acceptable level of loss of load. Besides, the results highlight that the advantage of one design on the other in terms of social efficiency depends on the future scenarios which are simulated. Moreover, the results illustrates that the three market designs lead to different level of risk for peaking units, suggesting that including risk aversion is a relevant further step in the modelling. (authors)

  11. Transportation energy scenario analysis technical report No. 1: examination of four existing scenarios. [Projections for 1985, 1995, 2010, and 2025

    Energy Technology Data Exchange (ETDEWEB)

    Bernard, M. J.; LaBelle, S. J.; Millar, M.; Walbridge, E. W.

    1978-03-01

    This project aims to provide the DOE Division of Transportation Energy Conservation (TEC) with a long-range forecasting framework in which to evaluate potential changes to the U.S. Transportation system. This initial report examines four existing, but diverse, 50-year scenarios of the future. It describes the scenarios and summarizes the changes in the major transportation system variables that would occur through the year 2025 in each scenario. Projections of variables of interest to TEC are explored, including passenger or ton miles and energy consumption. Each is reported for 1985, 1995, 2010, and 2025 under four scenarios: success, moderate economic growth, energy crisis, and transformation. The philosophy of this project is that the transportation system must support future lifestyles; by examining potential future lifestyles the required transportation system changes can be deduced. The project: (a) develops a set of scenarios that span likely futures; (b) describes the lifestyles in each scenario in order; (c) determines the characteristics of the transportation system supporting those lifestyles; (d) indicates transportation technologies and policies necessary in that system; and (e) derives the energy characteristics of that system. The implications of the four existing scenarios are examined with emphasis on current TEC electric-vehicle development. This preliminary investigation will be followed by detailed-scenario building (modifying existing scenarios or developing new ones) and generation of lifestyles and transportation system demands under each of the scenarios. This work will be reported in October 1978.

  12. Effects of high energy prices on scenarios for greenhouse gas emissions. Final report; Energiepreise und Klimaschutz. Wirkung hoher Energietraegerpreise auf die CO{sub 2}-Emissionsminderung bis 2030. Abschlussbericht

    Energy Technology Data Exchange (ETDEWEB)

    Matthes, Felix Christian; Graichen, Verena; Harthan, Ralph O.; Repenning, Julia [Oeko-Institut, Berlin (Germany); Horn, Manfred [DIW Berlin (Germany); Krey, Volker; Markewitz, Peter; Martinsen, Dag [Forschungszentrum Juelich (Germany). Programmgruppe STE

    2008-05-15

    Against the background of high increases in the prices of the primary energy carriers crude oil, natural gas and hard coal, which are traded on international markets, three scenarios of the price development of the most important energy carriers are developed. Using energy price assumptions, a scenario analysis is undertaken with regard to the development of CO{sub 2} emissions in Germany as a whole as well as in terms of the different energy sectors. The emission scenarios are analysed with respect to the electricity industry in Germany using both IKARUS, the energy system model geared towards macroeconomic optimisation, and ELIAS, the sector model based on microeconomic considerations. The model analyses are supplemented by an overview of literature with regard to similar model analyses. (orig.)

  13. A novel method for energy harvesting simulation based on scenario generation

    Science.gov (United States)

    Wang, Zhe; Li, Taoshen; Xiao, Nan; Ye, Jin; Wu, Min

    2018-06-01

    Energy harvesting network (EHN) is a new form of computer networks. It converts ambient energy into usable electric energy and supply the electrical energy as a primary or secondary power source to the communication devices. However, most of the EHN uses the analytical probability distribution function to describe the energy harvesting process, which cannot accurately identify the actual situation for the lack of authenticity. We propose an EHN simulation method based on scenario generation in this paper. Firstly, instead of setting a probability distribution in advance, it uses optimal scenario reduction technology to generate representative scenarios in single period based on the historical data of the harvested energy. Secondly, it uses homogeneous simulated annealing algorithm to generate optimal daily energy harvesting scenario sequences to get a more accurate simulation of the random characteristics of the energy harvesting network. Then taking the actual wind power data as an example, the accuracy and stability of the method are verified by comparing with the real data. Finally, we cite an instance to optimize the network throughput, which indicate the feasibility and effectiveness of the method we proposed from the optimal solution and data analysis in energy harvesting simulation.

  14. Energy economics and financial markets

    Energy Technology Data Exchange (ETDEWEB)

    Dorsman, Andre [Vrije Univ. Amsterdam (Netherlands). Dept. of Finance; Simpson, John L. [Curtin Univ., Perth, WA (Australia). School of Economics and Finance; Westerman, Wim (eds.) [Groningen Univ. (Netherlands). Faculty of Economics and Business Economics, Econometrics and Finance

    2013-10-01

    Deals with the upcoming theme of energy issues. Links energy issues with economics and financial markets. Combines global focus with specific regional and local examples. Unites theoretical insights with timely data and practical insights. Specialized author team from all over the world. Energy issues feature frequently in the economic and financial press. Specific examples of topical energy issues come from around the globe and often concern economics and finance. The importance of energy production, consumption and trade raises fundamental economic issues that impact the global economy and financial markets. This volume presents research on energy economics and financial markets related to the themes of supply and demand, environmental impact and renewables, energy derivatives trading, and finance and energy. The contributions by experts in their fields take a global perspective, as well as presenting cases from various countries and continents.

  15. Renewable Energy Policies and Market Developments

    International Nuclear Information System (INIS)

    Van Dijk, A.L.; Beurskens, L.W.M.; Boots, M.G.; Kaal, M.B.T.; De Lange, T.J.; Van Sambeek, E.J.W.; Uyterlinde, M.A.

    2003-03-01

    Reviews and an analysis of the policy support for the stimulation of renewable electricity in the current energy market are presented, and an overview is given of the main new developments influencing the renewable energy market. The report is part of the analysis phase of the project REMAC 2000, which has led to the publication of a roadmap for the acceleration of the RE market. REMAC 2000 aims to promote a sustainable growth of the renewable energy market. For such a sustainable growth, important success factors are not only effectiveness of policy, but also security for investors, which is essential for building up a sector and developing the renewable energy market. Consistency of regulations and policies at different levels and between policy fields form a condition for security, as does the active involvement of market stakeholders. Further, the increasing role of trade within the energy and renewable energy sector leads to a priority for international coherence of policies and markets. To guarantee a sustainable growth of the renewable energy sector, a broad perspective of policy makers and planners is required- to include a long time frame, a comprehensive view of related policy fields and authorities involved, and an orientation that looks beyond national borders

  16. Environmental implications of carbon limits on market penetration of combined heat and power with the U.S. energy sector (Slides)

    Science.gov (United States)

    Combined heat and power (CHP) is promoted as an economical, energy-efficient option for combating climate change. To fully examine the viability of CHP as a clean-technology solution, its market potential and impacts need to be analyzed as part of scenarios of the future energy s...

  17. Least cost 100% renewable electricity scenarios in the Australian National Electricity Market

    International Nuclear Information System (INIS)

    Elliston, Ben; MacGill, Iain; Diesendorf, Mark

    2013-01-01

    Least cost options are presented for supplying the Australian National Electricity Market (NEM) with 100% renewable electricity using wind, photovoltaics, concentrating solar thermal (CST) with storage, hydroelectricity and biofuelled gas turbines. We use a genetic algorithm and an existing simulation tool to identify the lowest cost (investment and operating) scenarios of renewable technologies and locations for NEM regional hourly demand and observed weather in 2010 using projected technology costs for 2030. These scenarios maintain the NEM reliability standard, limit hydroelectricity generation to available rainfall, and limit bioenergy consumption. The lowest cost scenarios are dominated by wind power, with smaller contributions from photovoltaics and dispatchable generation: CST, hydro and gas turbines. The annual cost of a simplified transmission network to balance supply and demand across NEM regions is a small proportion of the annual cost of the generating system. Annual costs are compared with a scenario where fossil fuelled power stations in the NEM today are replaced with modern fossil substitutes at projected 2030 costs, and a carbon price is paid on all emissions. At moderate carbon prices, which appear required to address climate change, 100% renewable electricity would be cheaper on an annual basis than the replacement scenario

  18. Global scenarios of urban density and its impacts on building energy use through 2050.

    Science.gov (United States)

    Güneralp, Burak; Zhou, Yuyu; Ürge-Vorsatz, Diana; Gupta, Mukesh; Yu, Sha; Patel, Pralit L; Fragkias, Michail; Li, Xiaoma; Seto, Karen C

    2017-08-22

    Although the scale of impending urbanization is well-acknowledged, we have a limited understanding of how urban forms will change and what their impact will be on building energy use. Using both top-down and bottom-up approaches and scenarios, we examine building energy use for heating and cooling. Globally, the energy use for heating and cooling by the middle of the century will be between 45 and 59 exajoules per year (corresponding to an increase of 7-40% since 2010). Most of this variability is due to the uncertainty in future urban densities of rapidly growing cities in Asia and particularly China. Dense urban development leads to less urban energy use overall. Waiting to retrofit the existing built environment until markets are ready in about 5 years to widely deploy the most advanced renovation technologies leads to more savings in building energy use. Potential for savings in energy use is greatest in China when coupled with efficiency gains. Advanced efficiency makes the least difference compared with the business-as-usual scenario in South Asia and Sub-Saharan Africa but significantly contributes to energy savings in North America and Europe. Systemic efforts that focus on both urban form, of which urban density is an indicator, and energy-efficient technologies, but that also account for potential co-benefits and trade-offs with human well-being can contribute to both local and global sustainability. Particularly in growing cities in the developing world, such efforts can improve the well-being of billions of urban residents and contribute to mitigating climate change by reducing energy use in urban areas.

  19. Advanced Reactor Systems and Future Energy Market Needs

    International Nuclear Information System (INIS)

    Magwood, W.; Keppler, J.H.; Paillere, Henri; ); Gogan, K.; Ben Naceur, K.; Baritaud, M.; ); Shropshire, D.; ); Wilmshurst, N.; Janssens, A.; Janes, J.; Urdal, H.; Finan, A.; Cubbage, A.; Stoltz, M.; Toni, J. de; Wasylyk, A.; Ivens, R.; Paramonov, D.; Franceschini, F.; Mundy, Th.; Kuran, S.; Edwards, L.; Kamide, H.; Hwang, I.; Hittner, D.; ); Levesque, C.; LeBlanc, D.; Redmond, E.; Rayment, F.; Faudon, V.; Finan, A.; Gauche, F.

    2017-04-01

    It is clear that future nuclear systems will operate in an environment that will be very different from the electricity systems that accompanied the fast deployment of nuclear power plants in the 1970's and 1980's. As countries fulfil their commitment to de-carbonise their energy systems, low-carbon sources of electricity and in particular variable renewables, will take large shares of the overall generation capacities. This is challenging since in most cases, the timescale for nuclear technology development is far greater than the speed at which markets and policy/regulation frameworks can change. Nuclear energy, which in OECD countries is still the largest source of low-carbon electricity, has a major role to play as a low-carbon dispatchable technology. In its 2 degree scenarios, the International Energy Agency (IEA) projects that nuclear capacity globally could reach over 900 GW by 2050, with a share of electricity generation rising from less than 11% today to about 16%. Nuclear energy could also play a role in the decarbonization of the heat sector, by targeting non-electric applications. The workshop discussed how energy systems are evolving towards low-carbon systems, what the future of energy market needs are, the changing regulatory framework from both the point of view of safety requirements and environmental constraints, and how reactor developers are taking these into account in their designs. In terms of technology, the scope covered all advanced reactor systems under development today, including evolutionary light water reactors (LWRs), small modular reactors (SMRs) - whether LWR technology-based or not, and Generation IV (Gen IV) systems. This document brings together the available presentations (slides) of the workshop

  20. Integration of liberalised energy market

    International Nuclear Information System (INIS)

    Klinge Jacobsen, H.; Fristrup, P.; Munksgaard, J.; Pade, L.L.; Henriksen, T.C.

    2004-03-01

    The markets for electricity, natural gas and district heating are inter-linked both with respect to the energy flows and with respect to ownership of supply sources and infrastructure. The extent and the possible consequences of these linkages are examined in this report. The options for public interventions in these markets are analysed to compare instruments with respect to their ability to provide the necessary incentives for an efficient functioning of the liberalised markets. Aspects of retail markets with households facing multi-product distribution companies and aspects of the production of combined heat and power based on natural gas has been covered. This project identifies some important aspects related to final consumers and the interaction of markets with different types of regulation and scope for liberalisation. From a Danish perspective the district heat market and the dependence on market conditions for natural gas is a specific concern. Consumer concerns also relate to the creation of multi-product energy distribution companies that are privately owned and possibly controlled by foreign interests. Such companies might use bundled sales of energy products to extent their dominant position in one market e.g. a regulated heat market to a market with considerable competition (electricity). Bundled sales would not necessarily result in a loss for the consumer due to economies of scope in supplying energy products. However, the regulatory authorities responsible for district heat prices will have a more complicated job in surveying the bundled price setting. Integration of activities within natural gas distribution and CHP production has been analysed with respect to incentives and welfare implications. Results of the project point to critical market conditions and identify areas of concern for regulatory policies. The analysis shows that there is a large welfare loss associated with having monopolies in both natural gas supplies and the CHP production

  1. Impact of wind power uncertainty forecasting on the market integration of wind energy in Spain

    International Nuclear Information System (INIS)

    González-Aparicio, I.; Zucker, A.

    2015-01-01

    Highlights: • Reduction wind power forecasting uncertainty for day ahead and intraday markets. • Statistical relationship between total load and wind power generation. • Accurately forecast expected revenues from wind producer’s perspective. - Abstract: The growing share of electricity production from variable renewable energy sources increases the stochastic nature of the power system. This has repercussions on the markets for electricity. Deviations from forecasted production schedules require balancing of a generator’s position within a day. Short term products that are traded on power and/or reserve markets have been developed for this purpose, providing opportunities to actors who can offer flexibility in the short term. The value of flexibility is typically modelled using stochastic scenario extensions of dispatch models which requires, as a first step, understanding the nature of forecast uncertainties. This study provides a new approach for determining the forecast errors of wind power generation in the time period between the closure of the day ahead and the opening of the first intraday session using Spain as an example. The methodology has been developed using time series analysis for the years 2010–2013 to find the explanatory variables of the wind error variability by applying clustering techniques to reduce the range of uncertainty, and regressive techniques to forecast the probability density functions of the intra-day price. This methodology has been tested considering different system actions showing its suitability for developing intra-day bidding strategies and also for the generation of electricity generated from Renewable Energy Sources scenarios. This methodology could help a wind power producer to optimally bid into the intraday market based on more accurate scenarios, increasing their revenues and the system value of wind.

  2. Market Brief. Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    Energy Technology Data Exchange (ETDEWEB)

    Heeter, Jenny [National Renewable Energy Lab. (NREL), Golden, CO (United States); Armstrong, Philip [National Renewable Energy Lab. (NREL), Golden, CO (United States); Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  3. Market Brief: Status of the Voluntary Renewable Energy Certificate Market (2011 Data)

    Energy Technology Data Exchange (ETDEWEB)

    Heeter, J.; Armstrong, P.; Bird, L.

    2012-09-01

    This report documents the status and trends of U.S. 'voluntary' markets -- those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Voluntary REC markets continue to exhibit growth and spur renewable energy development. Voluntary green power markets provide an additional revenue stream for renewable energy projects and raise consumer awareness of the benefits of renewable energy. Although a full estimate of the size of the voluntary market is not available for 2011, this review uses indicative metrics to capture 2011 voluntary market trends.

  4. International Voluntary Renewable Energy Markets (Presentation)

    Energy Technology Data Exchange (ETDEWEB)

    Heeter, J.

    2012-06-01

    This presentation provides an overview of international voluntary renewable energy markets, with a focus on the United States and Europe. The voluntary renewable energy market is the market in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. In 2010, the U.S. voluntary market was estimated at 35 terawatt-hours (TWh) compared to 300 TWh in the European market, though key differences exist. On a customer basis, Australia has historically had the largest number of customers, pricing for voluntary certificates remains low, at less than $1 megawatt-hour, though prices depend on technology.

  5. Fuel consumption from vehicles of China until 2030 in energy scenarios

    International Nuclear Information System (INIS)

    Zhang Qingyu; Tian Weili; Zheng Yingyue; Zhang Lili

    2010-01-01

    Estimation of fuel (gasoline and diesel) consumption for vehicles in China under different long-term energy policy scenarios is presented here. The fuel economy of different vehicle types is subject to variation of government regulations; hence the fuel consumption of passenger cars (PCs), light trucks (Lts), heavy trucks (Hts), buses and motor cycles (MCs) are calculated with respect to (i) the number of vehicles, (ii) distance traveled, and (iii) fuel economy. On the other hand, the consumption rate of alternative energy sources (i.e. ethanol, methanol, biomass-diesel and CNG) is not evaluated here. The number of vehicles is evaluated using the economic elastic coefficient method, relating to per capita gross domestic product (GDP) from 1997 to 2007. The Long-range Energy Alternatives Planning (LEAP) system software is employed to develop a simple model to project fuel consumption in China until 2030 under these scenarios. Three energy consumption decrease scenarios are designed to estimate the reduction of fuel consumption: (i) 'business as usual' (BAU); (ii) 'advanced fuel economy' (AFE); and (iii) 'alternative energy replacement' (AER). It is shown that fuel consumption is predicted to reach 992.28 Mtoe (million tons oil equivalent) with the BAU scenario by 2030. In the AFE and AER scenarios, fuel consumption is predicted to be 734.68 and 600.36 Mtoe, respectively, by 2030. In the AER scenario, fuel consumption in 2030 will be reduced by 391.92 (39.50%) and 134.29 (18.28%) Mtoe in comparison to the BAU and AFE scenarios, respectively. In conclusion, our models indicate that the energy conservation policies introduced by governmental institutions are potentially viable, as long as they are effectively implemented.

  6. EMF 9 scenario design (EMF WP 9.4)

    International Nuclear Information System (INIS)

    Anon.

    1989-01-01

    This paper describes the specifications of the scenarios selected by the EMF 9 Working Group, which is focusing on North American natural gas markets. The four first-round scenarios include: (1) an upper oil price path, (2) a lower oil price path, (3) a lower resource base, and (4) a higher gas demand due to policies and technologies affecting the electric utility sector. Each scenario represents a combination of market and regulatory environments. For example, the upper oil price scenario combines an upper oil price trend with a reference set of resource and demand conditions and with a pro-competitive regulatory environment. This scenario also serves as a control case for comparing the other scenarios, which specify a change in one of the environments for oil prices, resources, or demand. The regulatory environment has been maintained constant across these first-round scenarios but may be changed depending upon the later recommendations of the regulatory policy and market structure study group. The next section describes the detailed specifications for modelers in simulating the upper oil price scenario. Guidance is offered for energy prices, economic activity, and resource base estimates. The next three sections describe the other three scenarios that involve changes in these inputs from their values in the upper oil price scenario. Special wellhead price assumptions for stand-alone supply models and plans for developing inputs for Canadian models are then discussed. The final section describes the output variables to be reported to the EMF staff for comparing model results

  7. Strategic sizing of energy storage facilities in electricity markets

    DEFF Research Database (Denmark)

    Nasrolahpour, Ehsan; Kazempour, Seyyedjalal; Zareipour, Hamidreza

    2016-01-01

    This paper proposes a model to determine the optimasize of an energy storage facility from a strategic investor’s perspective. This investor seeks to maximize its profit through making strategic planning, i.e., storage sizing, and strategic operational, i.e., offering and bidding, decisions. We...... consider the uncertainties associated with rival generators’ offering strategies and future load levels in the proposed model. The strategic investment decisions include the sizes of charging device, discharging device and energy reservoir. The proposed model is a stochastic bi-level optimization problem......; the planning and operation decisions are made in the upper-level, and market clearing is modeled in the lower-level under different operating scenarios. To make the proposed model computationally tractable, an iterative solution technique based on Benders’ decomposition is implemented. This provides a master...

  8. EU Energy Market and Regulation enter a new Framework: Energy Union

    International Nuclear Information System (INIS)

    Sencar, M.

    2015-01-01

    Energy Union provides a new framework for market and regulation. This contribution discusses its main elements (dimensions), in particular energy market functioning. Energy Union adds some new focal points to its development, e.g. research and innovation, in addition to sustainability. Energy Union also aims at improving customers position on the market, and paves the way for efficiency enhancements in regulation and market monitoring at European level. Three aspects of potential future improvements are discussed how the existing Agency for the Cooperation of Energy Regulators may further contribute to the efficient market functioning and implementation of planned infrastructure investment. (author).

  9. Multicriteria Spatial Decision Support Systems for Future Urban Energy Retrofitting Scenarios

    Directory of Open Access Journals (Sweden)

    Patrizia Lombardi

    2017-07-01

    Full Text Available Nowadays, there is an increasing concern about sustainable urban energy development taking into account national priorities of each city. Many cities have started to define future strategies and plans to reduce energy consumption and greenhouse gas emissions. Urban energy scenarios involve the consideration of a wide range of conflicting criteria, both socio-economic and environmental ones. Moreover, decision-makers (DMs require proper tools that can support their choices in a context of multiple stakeholders and a long-term perspective. In this context, Multicriteria Spatial Decision Support Systems (MC-SDSS are often used in order to define and analyze urban scenarios since they support the comparison of different solutions, based on a combination of multiple factors. The main problem, in relation to urban energy retrofitting scenarios, is the lack of appropriate knowledge and evaluation criteria. The latter are crucial for delivering and assessing urban energy scenarios through a MC-SDSS tool. The main goal of this paper is to analyze and test two different methods for the definition and ranking of the evaluation criteria. More specifically, the paper presents an on-going research study related to the development of a MC-SDSS tool able to identify and evaluate alternative energy urban scenarios in a long-term period perspective. This study refers to two Smart City and Communities research projects, namely: DIMMER (District Information Modeling and Management for Energy Reduction and EEB (Zero Energy Buildings in Smart Urban Districts.

  10. World energy outlook 2006

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-11-07

    The World Energy Outlook 2006 sets out the IEA's latest projections of world energy supply and demand to 2030 for oil, gas, coal, renewables, nuclear and electricity, plus projections on energy-related CO{sub 2} emissions. The publication is in three parts. Part A: The reference scenario has chapters entitled: Key assumptions; Global Energy Trends; Oil market outlook; Gas market outlook; Coal market outlook; and Power sector outlook. Part B: The alternative policy scenario contains chapters on: Mapping a new energy future; Assessing the cost-effectiveness of alternative policies; Deepening the analysis results by sector; and Getting to and going beyond the alternative policy scenario. Part C: Focus on key topics contains: The impact of higher energy prices; Current trends in oil and gas investment; Prospects for nuclear power; The outlook for biofuels; Energy for coking in developing countries; and Focus on Brazil. 224 figs., 84 tabs., 5 annexes.

  11. World energy outlook 2006

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-11-07

    The World Energy Outlook 2006 sets out the IEA's latest projections of world energy supply and demand to 2030 for oil, gas, coal, renewables, nuclear and electricity, plus projections on energy-related CO{sub 2} emissions. The publication is in three parts. Part A: The reference scenario has chapters entitled: Key assumptions; Global Energy Trends; Oil market outlook; Gas market outlook; Coal market outlook; and Power sector outlook. Part B: The alternative policy scenario contains chapters on: Mapping a new energy future; Assessing the cost-effectiveness of alternative policies; Deepening the analysis results by sector; and Getting to and going beyond the alternative policy scenario. Part C: Focus on key topics contains: The impact of higher energy prices; Current trends in oil and gas investment; Prospects for nuclear power; The outlook for biofuels; Energy for coking in developing countries; and Focus on Brazil. 224 figs., 84 tabs., 5 annexes.

  12. Kyoto Protocol Objectives in Croatia Energy Planning: Nuclear Scenario

    International Nuclear Information System (INIS)

    Duic, N.; Bogdan, Z.; Juretic, F.; Zeljko, M.

    2002-01-01

    Croatia as an Annex I country of the United Nations Framework Convention on Climate Change (UNFCCC) and a country that has pledged in the Annex B of the Kyoto Protocol to reduce its greenhouse gases (GHG) emissions by 5% from the pre-transition level by the budget period 2008-12, will have to envisage a new energy strategy. Compared to the energy consumption collapse in some transitional countries like Russia and Ukraine, Croatia has passed through a relatively limited long term reduction of GHG emissions since 1990 because of higher efficiency of its pre-transition economy. It is expected that in case of business as usual scenario it will breach the Kyoto target in 2003 since the demand for energy will be high, especially as the income continues to rise, particularly in domestic use for heating, for transport and for electricity generation. Several scenarios of developing energy system are compared from the point of view of GHG emissions. The energy sector that will most probably be the most influenced by the UNFCCC objectives is electricity generation. Several scenarios are compared. The cost-effective scenario expects a mixture of coal and gas fired power plants to be built to satisfy the new demand and to replace the old power plants that are being decommissioned. More Kyoto friendly scenario envisages the construction of mostly nuclear power plants in the future, while decommissioning the old ones as planned, and is compared to the others from the GHG emissions point of view. The conclusion is that by measures tackling only electricity generation it will not be possible to keep GHG emission under the Kyoto target level, but that choosing the nuclear option might reduce significantly the cost of compliance. (author)

  13. Interactions between the German Electricity Spot Market and the Reserve Energy Market

    International Nuclear Information System (INIS)

    Graeber, Bernhardt

    2005-01-01

    Eight years after market opening, Germany has well established spot and future markets for electricity. Besides OTC and Internet broker platforms the main market place is the European Energy Exchange in Leipzig (EEX) with its spot and future market. Less known is the reserve energy market in Germany. The four German transmission system operators (TSOs) EnBW, EON, RWE and Vattenfall purchase network services on the reserve energy market. Products with specific technical requirements are primary, secondary and tertiary reserve. (Details about the technical requirements and typical means for providing the required services will be presented.) Each TSO organises a separate auction for these products - for primary and secondary reserve half-yearly, for tertiary reserve daily. Due to the technical requirements the liquidity on these markets is limited, but especially on the tertiary reserve market it is recently growing significantly due to new participants marketing several smaller municipal and industrial reserve power plants as combined bids which meet the 30 MW min. capacity requirement. Every power plant or interruptible load could not only be offered as capacity on the reserve market but could also be dispatched for the spot market. Therefore the developments of prices on these markets are not independent and opportunity costs against the spot market can be estimated for different type of plants bidding in the reserve market. Another interaction between reserve and spot market is caused by the balancing price system in Germany. Prices for balancing energy meeting deviations between load, trading balance and production of a market participant are based on quarter-hourly reserve energy costs encountered by the TSO. As unbiased load and production forecasts are not strictly enforced by the TSOs so far, part of the planned demand could be met with balancing energy if EEX spot market prices rise above expected balancing energy prices. This interrelationship has a

  14. Demand response in energy markets

    International Nuclear Information System (INIS)

    Skytte, K.; Birk Mortensen, J.

    2004-11-01

    Improving the ability of energy demand to respond to wholesale prices during critical periods of the spot market can reduce the total costs of reliably meeting demand, and the level and volatility of the prices. This fact has lead to a growing interest in the short-run demand response. There has especially been a growing interest in the electricity market where peak-load periods with high spot prices and occasional local blackouts have recently been seen. Market concentration at the supply side can result in even higher peak-load prices. Demand response by shifting demand from peak to base-load periods can counteract the market power in the peak-load. However, demand response has so far been modest since the current short-term price elasticity seems to be small. This is also the case for related markets, for example, green certificates where the demand is determined as a percentage of the power demand, or for heat and natural gas markets. This raises a number of interesting research issues: 1) Demand response in different energy markets, 2) Estimation of price elasticity and flexibility, 3) Stimulation of demand response, 4) Regulation, policy and modelling aspects, 5) Demand response and market power at the supply side, 6) Energy security of supply, 7) Demand response in forward, spot, ancillary service, balance and capacity markets, 8) Demand response in deviated markets, e.g., emission, futures, and green certificate markets, 9) Value of increased demand response, 10) Flexible households. (BA)

  15. Competition on European energy markets

    International Nuclear Information System (INIS)

    Lijesen, M.; Speck, S; Mulder, M.

    2003-01-01

    The launch of the Directives on Electricity and Gas in the late 1990s was the starting point for creating common and competitive energy markets in the European Union. The main goal of this process was to increase efficiency of allocation of resources and, hence,enhance consumer welfare. More specifically, increasing competition within the energy markets should lead to a reduction of energy prices and to a convergence of prices among EU member states. Within a year from now, end-users in the Netherlands will be free to choose their own supplier, thus finalising the deregulation of Dutch energy markets. What lessons may be learned from the experience thus far? What are the results of the liberalisation process up to now? How have prices developed,and can these developments be explained? How afraid should we be for the lights to go out in a competitive electricity market?

  16. Politics design of cleaner production in the electric sector for the energy scenarios of Colombia

    International Nuclear Information System (INIS)

    Figueroa P, Woody; Smith Q, Ricardo

    2001-01-01

    Cleaner production (PML) in Colombia has been implemented as an agreement of wills between the companies of different productive sectors and the Colombian environment ministry. In the electric sector, the agreement of PML has been implemented with successes and difficulties. A concern that exists today among the companies of the electric sector involved in the agreement is about its long-term viability. Supported in the planning tool of scenarios, an analysis of the possible futures of PML in the Colombian electric sector, using the energy scenarios for Colombia (UPME, 2000), is made. PML policies are designed that will allow to analyze its long-term implementation. This work seeks to contribute in the long-term analysis about the evolution and tendencies of PML in the Colombian electric sector, according with the markets dynamics, trends and competitiveness that are gaining space in the international community

  17. Hawaii Clean Energy Initiative (HCEI) Scenario Analysis: Quantitative Estimates Used to Facilitate Working Group Discussions (2008-2010)

    Energy Technology Data Exchange (ETDEWEB)

    Braccio, R.; Finch, P.; Frazier, R.

    2012-03-01

    This report provides details on the Hawaii Clean Energy Initiative (HCEI) Scenario Analysis to identify potential policy options and evaluate their impact on reaching the 70% HECI goal, present possible pathways to attain the goal based on currently available technology, with an eye to initiatives under way in Hawaii, and provide an 'order-of-magnitude' cost estimate and a jump-start to action that would be adjusted with a better understanding of the technologies and market.

  18. Energy challenges of the Single Market

    International Nuclear Information System (INIS)

    Blakey, S.

    1991-01-01

    The Single Market Initiatives promise to reshape many areas of western Europe's energy markets. They will entail a number of changes for the Continent's oil, gas, electricity, and coal businesses. Some of those changes promise to improve market efficiency, others threaten to restrict it. Current negotiations could have a particularly far-reaching impact on western Europe's gas markets, which according to some reports, do not require any alternations. While western Europe's energy industry makes ready for the single market, eastern Europe's energy sector awaits the European Energy Charger, a multilateral agreement that could completely renovate the rules of this region's energy game. The rule changes could prove to be especially important for businesses from the United States. This paper examines this reshaping of Europe. It considers the ways in which old arrangements might be transformed into a new, but not necessarily improved, European order

  19. BDI position on energy policy and energy market deregulation

    International Nuclear Information System (INIS)

    Kreklau, C.

    2003-01-01

    Secure energy supplies are indispensable for our modern way of life and our economy. Energy policy is a part of economic policy and must be shaped within the magic triangle of objectives, i.e. security, competitiveness, environmental compatibility. As a result of their outstanding role, electricity and natural gas, with respective shares of 70% in industrial energy use and 85% in energy costs, are in the focus of energy policy interest of the Federation of German Industries (BDI). One important development over the past few years has been the deregulation of the markets for electricity and gas. However, the markedly lower electricity rates to be paid by industry, commercial tariff consumers, and private customers are being offset by new burdens arising from government intervention and taxes. Other dirigistic interventions into the energy market by the red-green federal government since 1998, referred to as 'turning point of energy policy', are invalidating what market opening had been achieved. With a view to a sustainable energy policy for the future, BDI pleads in favor of a broad energy mix. In a mix neutral with respect to competition, this includes the classical energy sources, the renewables, and low-cost, environmentally friendly nuclear power. In principle, it is the forces of the market, coupled with responsible action, which are to steer further developments. On a European level, speedy implementation of the opening of the electricity and gas markets, as decided, should be urged. It is important that the leeway won as a result of deregulation not be constrained again by new regulations. More market, less regulation, and more direct responsibility must provide room for a powerful energy supply system under the premises of the triangle of objectives referred to above. (orig.) [de

  20. Perspectives of energy technologies: scenarios and strategies at the 2050 vista; Perspectives des technologies de l'energie: scenarios et strategies a l'horizon 2050

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    Every two years, the International Energy Agency (IEA) publishes the 'Energy Technology Perspectives' (ETP) report which analyses the foreseeable energy scenarios and strategies at the 2050 vista and stresses on the best available technologies. For the first time, the IEA describes in this study a scenario allowing to divide by two the CO{sub 2} emissions at the world scale, i.e. compatible with the 'factor 4' scenario of industrialized countries. The study estimates the R and D needs and the necessary additional investments to meet the different tendentious and voluntaristic scenarios proposed by the IEA. This 15. session of the cycle of energy-climate conferences aimed at presenting, from the ETP 2008 study, a thorough examination of the present day situation and perspectives of existing or future 'clean' energy technologies through the analysis of several scenarios. An examination of the interpretation of these scenarios at the France and European levels is made in order to define what should be the trends of public policies and international cooperation. This document gathers the transparencies of the two presentations given during this conference. The first presentation by Pieter Boot, Director of the Office of Sustainable Energy Policy and Technology of IEA, makes a synthesis of the ETP study and presents the recommendations of the agency. The second presentation by Olivier Appert, President of the French institute of petroleum (IFP), gives a counterpoint of the first presentation by considering the financing and acceptance aspects, in particular from the French point of view. Finally a debate with the audience completes the presentations. (J.S.)

  1. Perspectives of energy technologies: scenarios and strategies at the 2050 vista

    International Nuclear Information System (INIS)

    2008-01-01

    Every two years, the International Energy Agency (IEA) publishes the 'Energy Technology Perspectives' (ETP) report which analyses the foreseeable energy scenarios and strategies at the 2050 vista and stresses on the best available technologies. For the first time, the IEA describes in this study a scenario allowing to divide by two the CO 2 emissions at the world scale, i.e. compatible with the 'factor 4' scenario of industrialized countries. The study estimates the R and D needs and the necessary additional investments to meet the different tendentious and voluntaristic scenarios proposed by the IEA. This 15. session of the cycle of energy-climate conferences aimed at presenting, from the ETP 2008 study, a thorough examination of the present day situation and perspectives of existing or future 'clean' energy technologies through the analysis of several scenarios. An examination of the interpretation of these scenarios at the France and European levels is made in order to define what should be the trends of public policies and international cooperation. This document gathers the transparencies of the two presentations given during this conference. The first presentation by Pieter Boot, Director of the Office of Sustainable Energy Policy and Technology of IEA, makes a synthesis of the ETP study and presents the recommendations of the agency. The second presentation by Olivier Appert, President of the French institute of petroleum (IFP), gives a counterpoint of the first presentation by considering the financing and acceptance aspects, in particular from the French point of view. Finally a debate with the audience completes the presentations. (J.S.)

  2. Tweak, adapt, or transform: Policy scenarios in response to emerging bioenergy markets in the U.S

    Science.gov (United States)

    Ryan. C. Atwell; Lisa. A. Schulte; Lynne M. Westphal

    2011-01-01

    Emerging bioenergy markets portend both boon and bane for regions of intensive agricultural production worldwide. To understand and guide the effects of bioenergy markets on agricultural landscapes, communities, and economies, we engaged leaders in the Corn Belt state of Iowa in a participatory workshop and follow-up interviews to develop future policy scenarios....

  3. Promotion of Renewable Energy in a Liberalised Energy Market

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1998-01-01

    government promotion of energy conservation and of systems based on renewable energy sources. This type of policy may in some instanes conflict with the principles of the unregulated commercial market. The official Danish target is that 35% of energy demand should be covered by renewables by year 2030......Liberalisation of energy markets has been progressing among OECD countries since the early nineties. In Europe this trend was accelerated by the decision in December 1996 by the EU Council of Ministers to adopt a new EU directive on liberalisation of the electricity market. This decision would lead...

  4. How Can China Lighten Up? Urbanization, Industrialization and Energy Demand Scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Aden, Nathaniel T.; Zheng, Nina; Fridley, David G.

    2009-07-01

    Urbanization has re-shaped China's economy, society, and energy system. Between 1990 and 2007 China added 290 million new urban residents, bringing the total urbanization rate to 45%. This population adjustment spurred energy demand for construction of new buildings and infrastructure, as well as additional residential use as rural biomass was replaced with urban commercial energy services. Primary energy demand grew at an average annual rate of 10% between 2000 and 2007. Urbanization's effect on energy demand was compounded by the boom in domestic infrastructure investment, and in the export trade following World Trade Organization (WTO) accession in 2001. Industry energy consumption was most directly affected by this acceleration. Whereas industry comprised 32% of 2007 U.S. energy use, it accounted for 75% of China's 2007 energy consumption. Five sub-sectors accounted for 78% of China's industry energy use in 2007: iron and steel, energy extraction and processing, chemicals, cement, and non-ferrous metals. Ferrous metals alone accounted for 25% of industry and 18% of total primary energy use. The rapid growth of heavy industry has led China to become by far the world's largest producer of steel, cement, aluminum, and other energy-intensive commodities. However, the energy efficiency of heavy industrial production continues to lag world best practice levels. This study uses scenario analysis to quantify the impact of urbanization and trade on industrial and residential energy consumption from 2000 to 2025. The BAU scenario assumed 67% urbanization, frozen export amounts of heavy industrial products, and achievement of world best practices by 2025. The China Lightens Up (CLU) scenario assumed 55% urbanization, zero net exports of heavy industrial products, and more aggressive efficiency improvements by 2025. The five dominant industry sub-sectors were modeled in both scenarios using a LEAP energy end-use accounting model. The results of

  5. Impact of Germany's energy transition on the Nordic power market – A market-based multi-region energy system model

    International Nuclear Information System (INIS)

    Zakeri, Behnam; Virasjoki, Vilma; Syri, Sanna; Connolly, David; Mathiesen, Brian V.; Welsch, Manuel

    2016-01-01

    The EU energy policy aims at creating a single European electricity market through market couplings and grid expansions. To analyse the implications of such power market couplings, we propose a market-based multi-region energy system model. The model simulates a multi-region power market (by applying market optimization and network theory), with detailed representation of each region as an energy system (by simulation of both heat and power sectors). We examine the impact of further integration of variable renewable energy (VRE) in Germany on the Nordic power market. The results indicate that the average electricity price slightly grows in the Nordic power market after Germany's Energy Transition (Energiewende). Hence, the economic surplus of Nordic consumers diminishes while Nordic producers improve their gain under new market conditions. Considering the gird congestion income, the overall system-level benefits (social welfare) will improve in the Nordic region after Germany's Energiewende. However, this gain is not equally distributed among different Nordic countries and across different stakeholders. Furthermore, the Energiewende slightly increases carbon emissions from power and district heating (DH) sectors, and reduces the flexibility in integration of VRE in some Nordic countries like Denmark. The direct interconnection of Norway and Germany through NordLink will contribute to the flexibility in wind integration in other Nordic countries, such as Denmark and Finland. - Highlights: • By an integrated hourly analysis, we model the energy systems of several networked countries and their common electricity market. • The proposed model can inform energy policy on implications of renewable energy integration in an international power market. • Among Nordic countries, Norway gains the highest economic benefits from Germany's energy transition. • Germany's energy transition constrains the flexibility of the Nordic countries in wind integration. • Nord

  6. The Ontario Energy Marketers Association

    International Nuclear Information System (INIS)

    Baker, W.F.C.

    1998-01-01

    An overview of the role of the Ontario Energy Marketers Association (OEMA) and its future orientation was presented. Participants in the OEMA include agents, brokers, marketers, local distribution companies, public interest representatives, associations and government representatives. The role of the OEMA is to encourage open competition for the benefit and protection of all energy consumer and market participants. As well, the OEMA serves as a forum for key industry stakeholders to resolve market issues outside the regulatory arena, set standards and codes of practice, establish customer education programs, and develop industry input into public policy making

  7. Learnings from liberalised energy markets

    DEFF Research Database (Denmark)

    The paper presents a number of overlooked problems in liberalised electricity markets, including supply security, environmental concerns and establishment of a sustainable energy development.......The paper presents a number of overlooked problems in liberalised electricity markets, including supply security, environmental concerns and establishment of a sustainable energy development....

  8. Scenarios for a urban energy transition. Actors, regulations, technologies

    International Nuclear Information System (INIS)

    Debizet, Gilles; Blanco, Sylvie; Buclet, Nicolas; Forest, Fabrice; Gauthier, Caroline; La Branche, Stephane; Menanteau, Philippe; Schneuwly, Patrice; Tabourdeau, Antoine

    2016-01-01

    Cities concentrate populations, consumptions, levers of actions, and are places of various experiments for energy transition. This book aims at giving an overview of possible scenarios of development of renewable energies in urban context. It is based on interviews of actors of the energy, building and urban planning sectors by researchers in town planning, management, technology, political and economic sciences. The authors examine what would occur if large companies would manage entire quarters, if local authorities would supervise production and supply, if the State would take control of all fields of action again, or if consumer cooperatives would exchange energy and pool productions. In its different chapters, the book presents four scenarios of energy coordination in urban context by 2040, discuss energy transition in urban spaces, discuss the perspectives of evolution towards more autonomous cities and quarters from an energetic point of view, and discuss business models and urban energetic innovations

  9. How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?

    International Nuclear Information System (INIS)

    Browne, Oliver; Poletti, Stephen; Young, David

    2015-01-01

    In the short run, it is well known that increasing wind penetration is likely to reduce spot market electricity prices due to the merit order effect. The long run effect is less clear because there will be a change in new capacity investment in response to the wind penetration. In this paper we examine the interaction between capacity investment, wind penetration and market power by first using a least-cost generation expansion model to simulate capacity investment with increasing amounts of wind generation, and then using a computer agent-based model to predict electricity prices in the presence of market power. We find the degree to which firms are able to exercise market power depends critically on the ratio of capacity to peak demand. For our preferred long run generation scenario we show market power increases for some periods as wind penetration increases however the merit order counteracts this with the results that prices overall remain flat. Returns to peakers increase significantly as wind penetration increases. The market power in turn leads to inefficient dispatch which is exacerbated with large amounts of wind generation. - Highlights: • Increasing investment in wind generation is analyzed using an agent based model. • In an energy only market, increased total capacity reduces market power. • Increasing wind penetration results in more market power in some periods. • Market power causes dispatch inefficiencies, which grow as wind capacity increases.

  10. Global climate-oriented transportation scenarios

    International Nuclear Information System (INIS)

    Harvey, L.D.D.

    2013-01-01

    This paper develops scenarios whereby CO 2 emissions from the transportation sector are eliminated worldwide by the end of this century. Data concerning the energy intensity and utilization of different passenger and freight transportation modes in 2005, and per capita income, in 10 different socio-economic regions of the world are combined with scenarios of population and per capita GDP to generate scenarios of future transportation energy demand. The impact of various technical options (improvements in the energy intensity of all transportation modes, changes in the proportions of vehicles with different drive trains, and a shift to biomass or hydrogen for the non-electricity energy requirements) and behavioural options (a shift to less energy-intensive LDV market segments, a reduction in total passenger-km of travel per capita, and an increase in the share of less energy-intensive passenger and freight modes of transport) is assessed. To eliminate transportation fossil fuel emissions within this century while limiting the demand for electricity, biofuels or hydrogen to manageable levels requires the simultaneous application of all the technical and behavioural measures considered here, with improvements in vehicle efficiencies and a shift to plug-in hybrid and battery-electric drive trains for light duty vehicles being the most important measures. - Highlights: ► Scenarios are developed whereby transportation CO 2 emissions reach zero by 2100. ► These scenarios address concerns about peak oil and global warming. ► A comprehensive mix of technical and behavioural changes is considered in 10 world regions. ► Efficiency improvements and a shift to plug-in hybrid vehicles are the most important measures

  11. Does wind energy mitigate market power in deregulated electricity markets?

    International Nuclear Information System (INIS)

    Ben-Moshe, Ori; Rubin, Ofir D.

    2015-01-01

    A rich body of literature suggests that there is an inverse relationship between wind power penetration rate into the electricity market and electricity prices, but it is unclear whether these observations can be generalized. Therefore, in this paper we seek to analytically characterize market conditions that give rise to this inverse relationship. For this purpose, we expand a recently developed theoretical framework to facilitate flexibility in modeling the structure of the electric industry with respect to the degree of market concentration and diversification in the ownership of wind power capacity. The analytical results and their attendant numerical illustrations indicate that the introduction of wind energy into the market does not always depress electricity prices. Such a drop in electricity prices is likely to occur when the number of firms is large enough or the ownership of wind energy is sufficiently diversified, or most often a combination of the two. Importantly, our study defines the circumstances in which the question of which type of firm invests in wind power capacity is crucial for market prices. - Highlights: • Studies show that electricity prices decrease with increased wind power capacity. • We investigate market conditions that give rise to this inverse relationship. • Average prices for wind energy are systematically lower than average market prices. • Conventional generation firms may increase market power by investing in wind farms. • Energy policy should seek to diversify the ownership of wind power capacity

  12. Energy consumption in industry, 1990 - 2035 - Scenarios I to IV for various sensitivities

    International Nuclear Information System (INIS)

    Baumgartner, W.; Ebert, O.; Weber, F.

    2006-12-01

    This comprehensive, illustrated report for the Swiss Federal Office of Energy (SFOE) takes a look at the results of a study with respect to industrial energy consumption which provided scenarios for future Swiss energy consumption. Four scenarios were elaborated: Continuation of present policy, increased co-operation between state and industry, more ambitious energy policy priorities and a scenario with even more ambitious goals - the so-called '2000 Watt Society'. For each of these scenarios several variants and a selection of sub-variants were defined, including increased prices, higher gross domestic product GDP, warmer climate and various carbon levies. The specific energy consumption of 16 different industrial sectors is examined and the effects of the various scenarios on several factors are considered. Data and results are presented in tabular and graphical form. Various measures that could influence energy consumption are listed and discussed, as are the modelling methods employed and the plausibility of the results obtained

  13. Austria's wind energy potential – A participatory modeling approach to assess socio-political and market acceptance

    International Nuclear Information System (INIS)

    Höltinger, Stefan; Salak, Boris; Schauppenlehner, Thomas; Scherhaufer, Patrick; Schmidt, Johannes

    2016-01-01

    Techno-economic assessments confirm the potential of wind energy to contribute to a low carbon bioeconomy. The increasing diffusion of wind energy, however, has turned wind energy acceptance into a significant barrier with respect to the deployment of wind turbines. This article assesses whether, and at what cost, Austrian renewable energy targets can be met under different expansion scenarios considering the socio-political and market acceptance of wind energy. Land-use scenarios have been defined in a participatory modeling approach with stakeholders from various interest groups. We calculated the levelized cost of electricity (LCOE) for all of the potential wind turbine sites, which we used to generate wind energy supply curves. The results show that wind energy production could be expanded to 20% of the final end energy demand in three out of four scenarios. However, more restrictive criteria increase LCOE by up to 20%. In contrast to common views that see local opposition against wind projects as the main barrier for wind power expansion, our participatory modeling approach indicates that even on the level of key stakeholders, the future possible contribution of wind energy to Austrian renewable energy targets reaches from almost no further expansion to very high shares of wind energy. - Highlights: • Including social barriers could reduce Austria’s wind potential from 92.78 to 3.89 TWh • Costs for attaining a 20% wind energy share vary by 20% between the scenarios • Socially acceptable wind area potential ranges from 0.1 to 3.9% of Austria’s total area • Excluding forest areas lowers the maximum wind energy potential by 45%

  14. Energy and commodities market

    International Nuclear Information System (INIS)

    Bokermann, Marcus; Prass, Markus

    2015-01-01

    The electricity markets in Central and Western Europe and in the nordic countries have further shown weak in 2014 with falling prices. The key factors were the declining quotations for coal and natural gas and the warm weather. Another driver was the growth of renewable energy. In the power markets conditions remained mostly an oversupply. The upward trending prices on the CO 2 emissions market were not formative enough to turn the market sentiment. They only caused for volatility during the year. [de

  15. Global Energy-Economy-Environment (E3) Scenarios to 2050 and Beyond

    International Nuclear Information System (INIS)

    Schrattenholzer, L.

    2005-01-01

    The Environmentally Compatible Energy Strategies (ECS) Program at the International Institute for Applied Systems Analysis (IIASA) develops policy-relevant global and world-regional energy perspectives. The basic premise of the ECS's research program is a global trend of d ecarbonization . Firstly, decarbonization includes a trend toward ever-greater efficiency, or ever less waste, in society's use of energy resources. Secondly, it includes a trend towards less carbon-intensive fossil fuels (e.g., from coal toward natural gas) and, further, to non-fossil fuels, especially renewable energy carriers. Technological change is generally regarded as one of the key drivers of sustained economic growth. Long-term energy scenarios developed at IIASA and elsewhere show that, depending on key assumptions on drivers such as population, economic growth and technological development, global energy development can be environmentally unsustainable. First, energy development might not lead to stabilizing greenhouse concentrations and might thus have significant negative impacts on the global climate. In addition, some, especially coal-intensive, scenarios might lead to levels of acid deposition at which significant damage to sensitive ecosystems is expected to occur in Europe and, even more so, in Asia. A continuation of the observed historical long-term trends of decarbonization, dematerialization, and energy efficiency improvements might therefore not be sufficient to achieve sustainable growth. Targeted technological development aiming at accelerating decarbonization, dematerialization, and/or efficiency improvement may be one of the most effective means for reconciling economic growth with global environmental objectives. This might require a step-up in investments in R and D and in the demonstration of technologies so as to stimulate both learning-by-searching and learning-by-doing. In this presentation, global E3 scenarios will be summarized in the following three groups: Non

  16. End user prices in liberalised energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Lijesen, M.G. [Afdeling Energie en Grondstoffen, Centraal Planbureau CPB, Den Haag (Netherlands)

    2002-12-01

    As European energy markets move towards deregulation, energy prices shift from classic 'cost plus' prices towards market prices. We develop a model for the retail and wholesale energy markets in Europe, based on Bertrand competition in a two part pricing structure with switching costs. We use the model to forecast end user electricity and natural gas prices and find that the introduction of competition in energy retail and wholesale markets will decrease standing charges, lowering total costs for energy users. A larger number of entrants, a cost advantage for one of the suppliers, or lower switching costs reduces standing charges further.

  17. 75 FR 38514 - Application to Export Electric Energy; Brookfield Energy Marketing LP

    Science.gov (United States)

    2010-07-02

    ... Energy Marketing LP AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing LP (BEM LP) has applied for authority to transmit electric... surplus energy purchased from electric utilities, Federal power marketing agencies and other entities...

  18. Energy Choices. The energy markets and the energy policy choices

    International Nuclear Information System (INIS)

    Bergman, Lars; Lindh, Hampus

    2009-03-01

    Well-functioning energy markets are in society's interests whatever the circumstances. Furthermore, supply, demand and the competitive situation in the various energy markets influence the effect of energy and climate change policy measures. There are therefore good reasons to examine and evaluate how the energy markets operate. In this report we specifically focus on the energy markets. The analysis has been carried out against the background of the overall objectives for energy and climate change policy in Sweden and the EU. However, for these goals to be attainable a number of concrete energy and climate change policy decisions will have to be taken in the coming years. Some of these are key issues that will prove decisive for the formulation of energy and climate change policy, and we therefore also discuss these. The first of these concerns which policy instruments should be chosen to influence the energy markets. The second key issue concerns the power companies' prospects for using nuclear power even in the future. We will also focus on the extent to which energy and climate change policy chooses to prioritise measures which mean that climate change policy objectives can be achieved at the lowest possible cost. We can briefly summarize our results in the following conclusions: The cost of achieving the climate change policy objectives set by Sweden and the EU will probably be very high. It is therefore important that the choices made ensure that climate change policy objectives are achieved at the lowest possible cost. Focusing on keeping costs to a minimum may in actual fact be the very thing that makes it at all possible to achieve these goals. The best solution then is as far as possible to base energy and climate change policy on so-called market-based instruments, such as emission charges and tradable emission permits. Emissions of carbon dioxide are easy to measure and the siting of emission sources is irrelevant in terms of the effect of the emissions

  19. Development of a novel market forecasting tool and its application to hydrogen energy production in Scotland

    International Nuclear Information System (INIS)

    Houghton, T.; Cruden, A.

    2010-01-01

    The authors propose a novel model for forecasting the deployment of hydrogen energy systems based on a company value maximisation algorithm, designed to assist governments and other industry players in decision-making and the development of appropriate policy instruments. Current cost-minimisation approaches, such as MARKAL, have limitations particularly where price arbitrage between energy streams exists. A theoretical relationship between market sector valuations and investment activity is developed and the model is subsequently applied to the Scottish hydrogen energy market. Through the utilisation of net present value, revenue and profitability based valuations, the impact of investing in hydrogen energy infrastructure projects on three key market competitors is considered. It is shown that the three methods for calculating the value impact render different results suggesting that the use of a single method to assess forecast development scenarios, whether cost or value-based methods, may be misleading and that the holistic approach proposed is more realistic. The archivable value of this paper is to demonstrate the impact that investor expectations can have on investment decisions, a facet not captured in traditional methods of forecasting. (author)

  20. Energy scenarios for the nordic region towards 2035

    Energy Technology Data Exchange (ETDEWEB)

    Fidje, Audun

    2008-07-01

    This report summarizes the assumptions, methodology and main results of the MARKAL analysis of options for a sustainable energy future in the Nordic region. The work is based on the Nordic MARKAL model, which has been modified such that it may be used to analyse a large number of scenarios, typically 500 to 5000. The scenarios are developed by analysis a set of strategies and uncertainties. All these strategies and uncertainties are combined such that we generate in total 1 152 scenarios. The main purpose of generating a large number of scenarios was to facilitate for multi-criteria trade-off analysis. Overall results from this analysis show that large reductions of CO{sub 2} emissions are possible at CO{sub 2} cost below 50 EUR/t CO{sub 2} (author)

  1. Scenarios for power production with biomass in the Finnish forest industry

    International Nuclear Information System (INIS)

    Nousiainen, I.K.; Malinen, H.O.; Villa, A.O.

    1997-01-01

    This study presents three scenarios for power production with biomass in Finnish pulp and paper mills. The basic scenario assumes that the production capacity in the forest industry increases as in the past. The green energy scenario assumes that there is a strong demand from the market for sustainable green energy production. The maximum scenario assumes that the production capacity of chemical pulp increases significantly and the use of wood raw material extends to the maximum level. According to the basic scenario the use of biofuels in the pulp and paper mills will increase from starting level, 3.24 Mtoe in 1992, to 5.07 Mtoe by the year 2010. The utilization potential of biofuels will increase to 5.45 Mtoe in green energy and to 6.43 Mtoe in the maximum biofuels scenario. The power production with biomass will increase from the starting level, 572 MW in 1992, to 930 MW in the basic, to 1 100 MW in the green energy and to 1 670 MW in the maximum biofuels scenario by the year 2010. (author)

  2. Exploring drivers of energy demand in Cyprus – Scenarios and policy options

    International Nuclear Information System (INIS)

    Zachariadis, Theodoros; Taibi, Emanuele

    2015-01-01

    This paper describes a new set of energy demand forecasts for the Republic of Cyprus up to the year 2040, which have been developed in support of the renewable energy roadmap that was prepared for national authorities by the International Renewable Energy Agency. The analysis takes into account national end-use data from the residential and tertiary sector that had not been exploited up to now. Four final energy demand scenarios with diverging assumptions were defined in this study, offering a wide range of possible outcomes up to 2040; in addition, four alternative scenarios were applied for sensitivity analysis. Two of these scenarios can be regarded as those continuing the trends of the recent past in Cyprus (prior to the economic and financial downturn of years 2011–2014). However, a more rigorous implementation of energy efficiency measures in buildings and transport, as defined in the fourth scenario of this study, is also realistic; despite its potential costs, it might allow Cyprus both to decrease its carbon emissions in line with the long-term EU decarbonisation targets, and to reduce its dependence on fossil fuels, thereby promoting energy efficiency as an important climate change adaptation measure. - Highlights: • Energy demand forecasts for the Republic of Cyprus up to the year 2040 are presented. • Study in the frame of renewable energy roadmap for Cyprus supported by IRENA. • Four scenarios considered, some allowing for breaks with past trends of energy use. • Rigorous implementation of energy efficiency measures is realistic. • Strong energy savings required in line with EU decarbonisation targets.

  3. Energy independence versus world market

    International Nuclear Information System (INIS)

    Noel, P.

    2003-01-01

    The geo-policy is the unity of the rules and political actions coming from taking into account the problem of the national energy demands facing the world energy market. The aim of this paper is to show that these actions are confronted to two paradigms of public policy. One is the research of the energy policy, the other is the effort of building and safety of the world market. (A.L.B.)

  4. 78 FR 65978 - Application to Export Electric Energy; Brookfield Energy Marketing Inc.

    Science.gov (United States)

    2013-11-04

    ... Energy Marketing Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing Inc. (BEMI) has applied to renew its authority... President of Legal Services and General Counsel, Brookfield Energy Marketing Inc., 480 de la Cite Blvd...

  5. Scenarios of Future Socio-Economics, Energy, Land Use, and Radiative Forcing

    Energy Technology Data Exchange (ETDEWEB)

    Eom, Jiyong; Moss, Richard H.; Edmonds, James A.; Calvin, Katherine V.; Clarke, Leon E.; Dooley, James J.; Kim, Son H.; Kopp, Roberrt; Kyle, G. Page; Luckow, Patrick W.; Patel, Pralit L.; Thomson, Allison M.; Wise, Marshall A.; Zhou, Yuyu

    2013-04-13

    This chapter explores uncertainty in future scenarios of energy, land use, emissions and radiative forcing that span the range in the literature for radiative forcing, but also consider uncertainty in two other dimensions, challenges to mitigation and challenges to adaptation. We develop a set of six scenarios that we explore in detail including the underlying the context in which they are set, assumptions that drive the scenarios, the Global Change Assessment Model (GCAM), used to produce quantified implications for those assumptions, and results for the global energy and land-use systems as well as emissions, concentrations and radiative forcing. We also describe the history of scenario development and the present state of development of this branch of climate change research. We discuss the implications of alternative social, economic, demographic, and technology development possibilities, as well as potential stabilization regimes for the supply of and demand for energy, the choice of energy technologies, and prices of energy and agricultural commodities. Land use and land cover will also be discussed with the emphasis on the interaction between the demand for bioenergy and crops, crop yields, crop prices, and policy settings to limit greenhouse gas emissions.

  6. Scenario simulation based assessment of subsurface energy storage

    Science.gov (United States)

    Beyer, C.; Bauer, S.; Dahmke, A.

    2014-12-01

    Energy production from renewable sources such as solar or wind power is characterized by temporally varying power supply. The politically intended transition towards renewable energies in Germany („Energiewende") hence requires the installation of energy storage technologies to compensate for the fluctuating production. In this context, subsurface energy storage represents a viable option due to large potential storage capacities and the wide prevalence of suited geological formations. Technologies for subsurface energy storage comprise cavern or deep porous media storage of synthetic hydrogen or methane from electrolysis and methanization, or compressed air, as well as heat storage in shallow or moderately deep porous formations. Pressure build-up, fluid displacement or temperature changes induced by such operations may affect local and regional groundwater flow, geomechanical behavior, groundwater geochemistry and microbiology. Moreover, subsurface energy storage may interact and possibly be in conflict with other "uses" like drinking water abstraction or ecological goods and functions. An utilization of the subsurface for energy storage therefore requires an adequate system and process understanding for the evaluation and assessment of possible impacts of specific storage operations on other types of subsurface use, the affected environment and protected entities. This contribution presents the framework of the ANGUS+ project, in which tools and methods are developed for these types of assessments. Synthetic but still realistic scenarios of geological energy storage are derived and parameterized for representative North German storage sites by data acquisition and evaluation, and experimental work. Coupled numerical hydraulic, thermal, mechanical and reactive transport (THMC) simulation tools are developed and applied to simulate the energy storage and subsurface usage scenarios, which are analyzed for an assessment and generalization of the imposed THMC

  7. Transportation Energy Futures Series: Alternative Fuel Infrastructure Expansion: Costs, Resources, Production Capacity, and Retail Availability for Low-Carbon Scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Melaina, M. W.; Heath, G.; Sandor, D.; Steward, D.; Vimmerstedt, L.; Warner, E.; Webster, K. W.

    2013-04-01

    Achieving the Department of Energy target of an 80% reduction in greenhouse gas emissions by 2050 depends on transportation-related strategies combining technology innovation, market adoption, and changes in consumer behavior. This study examines expanding low-carbon transportation fuel infrastructure to achieve deep GHG emissions reductions, with an emphasis on fuel production facilities and retail components serving light-duty vehicles. Three distinct low-carbon fuel supply scenarios are examined: Portfolio: Successful deployment of a range of advanced vehicle and fuel technologies; Combustion: Market dominance by hybridized internal combustion engine vehicles fueled by advanced biofuels and natural gas; Electrification: Market dominance by electric drive vehicles in the LDV sector, including battery electric, plug-in hybrid, and fuel cell vehicles, that are fueled by low-carbon electricity and hydrogen. A range of possible low-carbon fuel demand outcomes are explored in terms of the scale and scope of infrastructure expansion requirements and evaluated based on fuel costs, energy resource utilization, fuel production infrastructure expansion, and retail infrastructure expansion for LDVs. This is one of a series of reports produced as a result of the Transportation Energy Futures (TEF) project, a Department of Energy-sponsored multi-agency project initiated to pinpoint underexplored transportation-related strategies for abating GHGs and reducing petroleum dependence.

  8. Comparing long term energy scenarios; Scenari energetici di lungo termine

    Energy Technology Data Exchange (ETDEWEB)

    Cumo, M.; Simbolotti, G. [Rome Univ. La Sapienza, Rome (Italy)

    2001-02-01

    Major projection studies by international organizations and senior analysts have been compared with reference to individual key parameters (population, energy demand/supply, resources, technology, emissions and global warming) to understand trends and implications of the different scenarios. Then, looking at the long term (i.e., 2050 and beyond), parameters and trends have been compared together to understand and quantify whether and when possible crisis or market turbulence might occur due to shortage of resources or environmental problems. [Italian] Viene presentato un confronto degli scenari energetici di lungo termine formulati dalle agenzie internazionali e dai maggiori analisti del settore con particolare riferimento alla evoluzione di specifici parametri quali sviluppo demografico, domanda e offerta di energia, risorse energetiche, sviluppo tecnologico, emissioni e relativi cambiamenti climatici. L'evoluzione e l'interdipendenza dei singoli aspetti vengono analizzate al fine di individuare la possibile evenienza di crisi o turbolenze dei mercati energetici indotte da carenza di risorse o da problemi ambientali.

  9. Scenarios for an energy policy concept of the German Government

    International Nuclear Information System (INIS)

    Nagl, Stephan; Fuersch, Michaela; Paulus, Moritz; Richter, Jan; Trueby, Johannes; Lindenberger, Dietmar

    2010-01-01

    In this article we demonstrate how challenging greenhouse gas reduction targets of up to 95% until 2050 can be achieved in the German electricity sector. In the analysis, we focus on the main requirements to reach such challenging targets. To account for interdependencies between the electricity market and the rest of the economy, different models were used to account for feedback loops with all other sectors. We include scenarios with different runtimes and retrofit costs for existing nuclear plants to determine the effects of a prolongation of nuclear power plants in Germany. Key findings for the electricity sector include the importance of a European-wide coordinated electricity grid extension and the exploitation of regional comparative cost effects for renewable sites. Due to political restrictions, nuclear energy will not be available in Germany in 2050. However, the nuclear life time extension has a positive impact on end consumer electricity prices as well as economic growth in the medium term, if retrofit costs do not exceed certain limits. (orig.)

  10. Heat Energy Markets: Trends of Spatial Organization

    Directory of Open Access Journals (Sweden)

    Olga Valeryevna Dyomina

    2016-12-01

    Full Text Available The author reviews competing forms of heat supply. It is shown that in Finland, Denmark, China and Russia the dominant form of heat supply is district heating system; in the United States and Canada the dominant form of heat supply is individual one. Using the countries’ data the author allocates 4 models of heat energy markets. The analysis is based on combinations of the following characteristics: the type of market, the orientation of market, the stage of market development, forms of state support of district heating systems and the approach to pricing. The results identified the failure of the current model of heat energy market in Russia (noncompetitive, manufacturer-oriented and evolved market with massive state support of its district heating system. The ‘target’ model of heat energy market in Russia is a model of noncompetitive, customer-oriented and evolved market with no state support of its district heating system. However, the ‘target’ model takes into account spatial heterogeneity of local heat energy markets in Russia only technically

  11. The energy services market in France

    International Nuclear Information System (INIS)

    2004-06-01

    This study aims to answer the following questions: what is the french market value? What are its development perspectives? What services range is necessary? How increase the added value of proposed services? Which choice between the competence internalization and the subcontracting? What threat represent the providers on a market usually dominated by the energy suppliers and services providers? How will the french and european market combine? The following operators are studied (key data, energy services policy) by Eurostaf: Amec Spie, Cegelec, Dalkia, EDF, Elyo, Endesa Energia, Energie Rhone, GDF, RWE Solutions, Vinci Energies. (A.L.B.)

  12. Energy perspectives of the France by 2020-2050. Energy scenario; Perspectives energetiques de la France a l'horizon 2020-2050. Scenarios energetiques

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-09-15

    The aim of the working group was to realize quantitative approaches of the french energy system by 2020-2050 supporting the reflexions of the Energy Commission. The presented scenario are not prevision of the future. They just allow, in function of the hypothesis and the models used, to establish an approach of the consequences in term of the final energy demand. Two simulation tools were used and described in the chapter 3: Medpro-Poles and Markal-Times. The scenario are analyzed in the chapters 4 and 5. Results allow to see how the proposed measures are sufficient to reach in France the main objectives proposed by the european union. (A.L.B.)

  13. Renewable energy technologies: costs and markets

    International Nuclear Information System (INIS)

    Nitsch, J.; Langniss, O.

    1997-01-01

    A prominent feature of renewable energy utilisation is the magnitude of renewable energy that is physically available worldwide. The present paper attempts an economic valuation of development strategies for renewable energy sources (RES) on the basis of the past development of RES markets. It comes to the conclusion that if current energy prices remain largely unchanged, it will be necessary to promote RES technologies differentially according to the technique and type of energy employed or to provide start-up funding. The more probable a long-term increase in energy prices becomes, the greater will be the proportion of successfully promoted technologies. Energy taxes on exhaustible or environmentally harmful energy carriers and other instruments to this end would contribute greatly to the attractivity of RES investment both in terms of national economy and from the viewpoint of the private investor. Renewable energies will play an important role in the hardware and services sectors of the energy market in the decades to come. Long-term promotion of market introduction programmes and unequivocal energy-political aims on the part of the government are needed if the German industry is to have a share in this growing market and be able to offer internationally competitive products [de

  14. A GLANCE AT THE EUROPEAN ENERGY MARKET LIBERALIZATION

    Directory of Open Access Journals (Sweden)

    Delia Vasilica Rotaru

    2013-03-01

    Full Text Available This paper offers a presentation on the liberalization process on the energy markets that started two decades ago and takes place across Europe in the attempt to create a single European energy market. Several benefits are expected following the deregulation process such as higher competition, market transparency, lower prices, increased efficiency and product development in the clients favour. Three very different energy markets are analyzed before and after the liberalization process – UK, Germany and France – a short insight on the current Romanian energy market is also offered. The aim of this paper is to provide a better understanding on liberalizing European energy markets.

  15. Integrated marketing communications at solar energy equipment market

    OpenAIRE

    I.L. Litovchenko; I.A. Shkurupskaya

    2013-01-01

    The aim of the article. The article is devoted to the development of the concept of «integrated marketing communications», as well as its adaptation to a specific market of solar energy equipment. The theoretical development of foreign and domestic scholars in the field of IMC is considered. The aim of the article is to define the concept of «integrated marketing communications» and use them in the market of solar еnergy equipment in an information economy. The author's definition of the c...

  16. Decision modelling tools for utilities in the deregulated energy market

    Energy Technology Data Exchange (ETDEWEB)

    Makkonen, S. [Process Vision Oy, Helsinki (Finland)

    2005-07-01

    This thesis examines the impact of the deregulation of the energy market on decision making and optimisation in utilities and demonstrates how decision support applications can solve specific encountered tasks in this context. The themes of the thesis are presented in different frameworks in order to clarify the complex decision making and optimisation environment where new sources of uncertainties arise due to the convergence of energy markets, globalisation of energy business and increasing competition. This thesis reflects the changes in the decision making and planning environment of European energy companies during the period from 1995 to 2004. It also follows the development of computational performance and evolution of energy information systems during the same period. Specifically, this thesis consists of studies at several levels of the decision making hierarchy ranging from top-level strategic decision problems to specific optimisation algorithms. On the other hand, the studies also follow the progress of the liberalised energy market from the monopolistic era to the fully competitive market with new trading instruments and issues like emissions trading. This thesis suggests that there is an increasing need for optimisation and multiple criteria decision making methods, and that new approaches based on the use of operations research are welcome as the deregulation proceeds and uncertainties increase. Technically, the optimisation applications presented are based on Lagrangian relaxation techniques and the dedicated Power Simplex algorithm supplemented with stochastic scenario analysis for decision support, a heuristic method to allocate common benefits and potential losses of coalitions of power companies, and an advanced Branch- and-Bound algorithm to solve efficiently nonconvex optimisation problems. The optimisation problems are part of the operational and tactical decision making process that has become very complex in the recent years. Similarly

  17. Energy markets and European Integration: The World Energy Council role

    International Nuclear Information System (INIS)

    Murray, J.

    2002-01-01

    Energy market reform brings many benefits. Central and East Europe's challenge is to establish such markets when, at list in the case of electricity, the established market economies are still wrestling with how to apply competitive principles to this market. Design challenges include the natural monopoly elements within the electricity supply chain and the fact that it is, in practical terms, as essential social service. There is no one single model suitable to all markets at all stages of development. At the same time, there is a need for sustainable energy pricing, which means prices should cover all costs, with transparent and time-limited subsidies bringing the afford ability gap. Cross-border integration extends the benefits available from market reform by overcoming constraints at the national level and by broadening the geographical limits of a market. The World Energy Council works with its Central and East European members to analyse, understand and meet these challenges. (author)

  18. Marketing strategy for retailing small-scale wind energy turbines in Indian markets

    OpenAIRE

    Harjula, Nina

    2009-01-01

    The study analyzes the small-scale wind energy markets in Mumbai, focusing on questions: How feasible is the wind energy for SME businesses in Mumbai, and what are the main challenges and opportunities of small-scale wind energy in Mumbai? The study is a qualitative case study, in which, the data has been collected through observing the markets by visiting wind energy sites and companies, interviewing and meeting potential customers and other stakeholders in the market. Theoretical frame...

  19. ADEME energy transition scenarios. Summary including a macro-economic evaluation 2030 2050

    International Nuclear Information System (INIS)

    2014-05-01

    ADEME, the French Environment and Energy Management Agency, is a public agency reporting to the Ministry of Ecology, Sustainable Development and Energy and the Ministry of Higher Education and Research. In 2012 the agency drew up a long-term scenario entitled 'ADEME Energy Transition Scenarios 2030-2050'. This document presents a summary of the report. The full version can be viewed online on the ADEME web site. With this work ADEME offers a proactive energy vision for all stakeholders - experts, the general public, decision-makers, etc. - focusing on two main areas of expertise: managing energy conservation and developing renewable energy production using proven or demonstration-phase technologies. These scenarios identify a possible pathway for the energy transition in France. They are based on two time horizons and two separate methodologies. One projection, applicable from the present day, seeks to maximise potential energy savings and renewable energy production in an ambitious but realistic manner, up to 2030. The second exercise is a normative scenario that targets a fourfold reduction in greenhouse gas emissions generated in France by 2050, compared to 1990 levels. The analysis presented in this document is primarily based on an exploration of different scenarios that allow for the achievement of ambitious energy and environmental targets under technically, economically and socially feasible conditions. This analysis is supplemented by a macro-economic analysis. These projections, particularly for 2030, do not rely on radical changes in lifestyle, lower comfort levels or hypothetical major technological breakthroughs. They show that by using technologies and organisational changes that are currently within our reach, we have the means to achieve these long-term goals. The scenarios are based on assumptions of significant growth, both economic (1.8% per year) and demographic (0.4% a year). The 2050 scenario shows that with sustained growth, a

  20. Effects of increased wind power generation on Mid-Norway's energy balance under climate change: A market based approach

    Science.gov (United States)

    Francois, Baptiste; Martino, Sara; Tofte, Lena; Hingray, Benoit; Mo, Birger; Creutin, Jean-Dominique

    2017-04-01

    Thanks to its huge water storage capacity, Norway has an excess of energy generation at annual scale, although significant regional disparity exists. On average, the Mid-Norway region has an energy deficit and needs to import more electricity than it exports. We show that this energy deficit can be reduced with an increase in wind generation and transmission line capacity, even in future climate scenarios where both mean annual temperature and precipitation are changed. For the considered scenarios, the deficit observed in winter disappears, i.e. when electricity consumption and prices are high. At the annual scale, the deficit behavior depends more on future changes in precipitation. Another consequence of changes in wind production and transmission capacity is the modification of electricity exchanges with neighboring regions which are also modified both in terms of average, variability and seasonality. Keywords: Variable renewable energy, Wind, Hydro, Energy balance, Energy market

  1. Scenario-based analyses of energy system development and its environmental implications in Thailand

    International Nuclear Information System (INIS)

    Shrestha, Ram M.; Malla, Sunil; Liyanage, Migara H.

    2007-01-01

    Thailand is one of the fastest growing energy-intensive economies in Southeast Asia. To formulate sound energy policies in the country, it is important to understand the impact of energy use on the environment over the long-period. This study examines energy system development and its associated greenhouse gas and local air pollutant emissions under four scenarios in Thailand through the year 2050. The four scenarios involve different growth paths for economy, population, energy efficiency and penetration of renewable energy technologies. The paper assesses the changes in primary energy supply mix, sector-wise final energy demand, energy import dependency and CO 2 , SO 2 and NO x emissions under four scenarios using end-use based Asia-Pacific Integrated Assessment Model (AIM/Enduse) of Thailand. (author)

  2. Electricity market readiness plan : Ontario Energy Board

    International Nuclear Information System (INIS)

    2001-03-01

    This document informs electric power market participants of the Ontario Energy Board's newly developed market readiness plan and target timelines that local distribution companies (LDCs) must meet for retail marketing. The Ontario Energy Board's plan incorporates relevant independent market operator (IMO)-administered market milestones with retail market readiness targeted for September 2001. The market readiness framework involves a self-certification process for LDCs by August 10, 2001, through which the Board will be able to monitor progress and assess the feasibility of meeting the target timelines. For retail market readiness, all LDCs will have to calculate settlement costs, produce unbundled bills, provide standard supply service, change suppliers and accommodate retail transactions. LDCs must be either authorized participants in the IMO-administered market or become retail customers of their host LDC. Unbundled bills will include itemized charges for energy price, transmission, distribution and debt retirement charge. 1 tab., 1 fig

  3. Energy technology perspectives: scenarios and strategies to 2050 [Russian version

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    At their 2005 summit in Gleneagles, G8 leaders confronted questions of energy security and supply and lowering of CO{sub 2} emissions and decided to act with resolve and urgency. They called upon the International Energy Agency to provide advice on scenarios and strategies for a clean and secure energy future. Energy Technology Perspectives is a response to the G8 request. This work demonstrates how energy technologies can make a difference in a series of global scenarios to 2050. It reviews in detail the status and prospects of key energy technologies in electricity generation, buildings, industry and transport. It assesses ways the world can enhance energy security and contain growth in CO{sub 2} emissions by using a portfolio of current and emerging technologies. Major strategic elements of a successful portfolio are energy efficiency, CO{sub 2} capture and storage, renewables and nuclear power. 110 figs., 4 annexes.

  4. Shell energy scenarios to 2050. Signals and Signposts. An era of volatile transitions

    International Nuclear Information System (INIS)

    2011-01-01

    For 40 years, Shell has drawn on its scenarios to enhance business decisions and its ability to respond to change. Our most recent scenarios also contributed positively to the global public debate on energy and the environment. But the financial crash, the deepest economic slump in 70 years, and a patchy and fragile recovery have changed the world dramatically. We must consider how these events may or may not have altered our energy outlooks. Signals and Signposts offers our best understanding about the changes brought by the global financial and economic crisis. Internally, we have been using Recession and Recovery scenarios since September 2008. The two outlooks (Severe-yet-Sharp and Deeper-and-Longer) have, so far, bracketed actual developments. We have also drawn on a supplementary but unlikely scenario, Depression 2.0. These scenarios continue to provide useful insights and we draw on them in this booklet. Despite the economic turbulence, the fundamental drivers and uncertainties explored in our Shell Energy Scenarios to 2050 remain fully relevant. Signals and Signposts highlights significant additional factors and should be read as a companion to our Scramble and Blueprints energy scenarios, which can be downloaded from www.shell.com/scenarios. An overview is in the Appendix.

  5. Scenarios of energy sobriety and societal transformations. When lifestyle and society changes mean energy savings

    International Nuclear Information System (INIS)

    2013-09-01

    By using prospective energy scenarios, the objective of this study performed in the Nord-Pas-de-Calais region is to quantify energy savings induced by possible public policies or by lifestyle changes, and then to use the obtained results as tools of support to public decision, and means to make people aware of the end of an abundant and cheap oil, of the potential of solar energy, and of the benefits of energy sobriety. Four scenarios are thus defined. The first one concerns food habits, and corresponds to a more biological production, seasonal and less transformed foodstuffs, more vegetal plates, and reduced distances between producers and consumers. The second one concerns material goods: evolution towards more mutualization, re-use, and durability of products, and a reduced usage of equipment. The third one concerns buildings: the end of individual equipment and of always increasing surfaces, a modulated comfort depending on the room, and more collective organisations. The last scenario concerns displacements: less frequent displacements, shorter distances, use of soft modes, smaller vehicles, and energy saving in the use of vehicles

  6. New ways for the integrated appraisal of national energy scenarios: The case of renewable energy use in Austria

    International Nuclear Information System (INIS)

    Madlener, Reinhard; Kowalski, Katharina; Stagl, Sigrid

    2007-01-01

    Increasing the contribution of renewable energy sources in heat and electricity production is a nationally and internationally acknowledged aim for sustainable development. In this context, the participatory development and appraisal of energy scenarios can be useful for enabling stakeholders to explore future energy options and for supporting the national policy discourse. The five renewable energy scenarios considered refer to Austria in the year 2020. The innovative methodology applied, which was developed as part of the ARTEMIS project, examines possible energy futures paths by combining (1) scenario development; (2) multi-criteria evaluation; and (3) a participatory process with stakeholders and energy experts on the national level. Economic, social, environmental and technological impacts as well as revealed social preferences are used for the ranking of the scenarios. Due to the paramount importance of bioenergy in Austria, special emphasis in the scenario development is put on the contribution of biomass. Two main bioenergy issues and their consideration in the ARTEMIS project are explicitly addressed in this paper: the cascadic utilisation of biomass resources and the demand for land area and land area conflicts. Overall, we demonstrate how the methodology can be applied in practice and what insights policy-makers can gain from it. We also explore the methodology's limitations, especially regarding the effort required for participatory scenario building and the availability of stakeholders

  7. The energy consumption of traffic 1990 - 2035 - Results of scenarios I - IV

    International Nuclear Information System (INIS)

    Keller, M.

    2007-01-01

    This comprehensive report for the Swiss Federal Office of Energy (SFOE) presents four scenarios concerning the development of energy consumption in the traffic sector for the period 1990 - 2035. The four scenarios - status quo, increased co-operation between the state and the economy with various energy levies, global reduction of energy consumption and, finally, scenario IV 'on the way to a 2000-Watt Society' - are briefly described. The areas examined include road, rail and air traffic as well as 'off-road' traffic. Infrastructure developments are commented on. The four scenarios are examined for various sensitivities including high gross domestic product GDP, high prices and warmer climate. Alternative fuels are looked at, as are further factors such as fuel tourism, pollutant emissions and costs. The results of the sensitivity analyses are compared and discussed and the necessary instruments are examined. This comprehensive report is completed with a comprehensive appendix

  8. Energy market for energy. Natural gas and electricity

    International Nuclear Information System (INIS)

    Van Scherpenzeel, H.; De Boer, I.

    2000-10-01

    The aim of the title market study is to provide insight into the energy market in Argentina for the Dutch industry and business sector, focusing on the structure of the natural gas and electricity sector and the market for equipment for the production and processing of natural gas and equipment for electricity generation

  9. Capacity Payments in Restructured Markets under Low and High Penetration Levels of Renewable Energy

    Energy Technology Data Exchange (ETDEWEB)

    Jenkin, Thomas [National Renewable Energy Lab. (NREL), Golden, CO (United States); Beiter, Philipp [National Renewable Energy Lab. (NREL), Golden, CO (United States); Margolis, Robert [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-02-11

    There is considerable debate about the degree to which restructured markets perform successfully in their use of capacity markets. In providing appropriate incentives for new and existing generation to meet reliability requirements, a variety of capacity market designs have developed across RTOs and ISOs in the United States and internationally. Growing levels of variable renewable energy (VRE) resources arguably create new challenges for capacity market designs, because VREs suppress energy prices while providing relatively little capacity, with these effects increase with VRE penetration. The purpose of this report is threefold. First, we provide a brief outline of the purpose and design of various capacity markets under consideration using variable resource requirement (VRR) demand curves. Second, we discuss some of the main challenges raised in existing literature and a set of interviews that we conducted with market participants, regulators, and observers, including where there substantive differences in opinion. Third, we consider some of the challenges that may be specific to higher penetration levels of VRE. While the well known 'merit order' effect from VRE can be expected to suppress wholesale energy prices and revenue, this may be partly mitigated by increased capacity payments and the greater importance of AS payments for flexible capacity. The potential for greater reliance on capacity markets for generator revenues may amplify any inefficiency and costs associated with capacity price volatility and other suboptimal market design choices. Regulatory intervention to ensure adequate capacity payments and ancillary service revenue may become more prevalent under current market designs as the timescale for market signals shifts increasingly from near term (e.g., day-ahead in wholesale electricity markets) to longer term (annual intervals in capacity markets). Our review and discussion with market participants suggest substantive challenges may

  10. Energy markets and climate change

    NARCIS (Netherlands)

    Krozer, Yoram

    2017-01-01

    Innovations mechanisms on energy markets are discussed, in particular valorization of energy products which invokes decarbonization of energy recourses. The valorization, meaning higher value of energy products, is expressed as electrification and entry of modern renewable energy based on

  11. Energy to the masses : a blueprint for competition in Alberta's retail energy markets

    International Nuclear Information System (INIS)

    Topp, L.

    2004-01-01

    This paper presents a framework for competition in Alberta's retail energy market and its influence on Direct Energy Marketing Limited . The main factors for successful retail energy competition were identified as being a level playing field for all retailers; a stable and committed regulatory framework; customer education; brand trust and visibility; regulated pricing which reflects market conditions; customer service and billing; unrestricted customer choice; and, conformity between electricity and gas markets. Direct Energy is a wholly owned subsidiary of British-based Centrica plc, one of the top 30 companies in the United Kingdom in terms of market capitalization. It was created during Britain's regulatory reform of the energy industry and operates through 4 retail brand units. Centrica entered the North American market in 2000 when it acquired Direct Energy Marketing Limited which supplies energy and services to half of the households in Ontario. Direct Energy is expected to increase its customer base with the pending closure of ATCO Gas and ATCO Electric in Alberta, making it Canada's largest provider of retail energy services. In a competitive energy market, retailers can offer a wider range of products than energy alone. Cost-to services can be reduced by offering services such as heating, ventilation and air conditioning

  12. Preparing Europe for a single market in energy

    International Nuclear Information System (INIS)

    Anon.

    1990-01-01

    By the end of 1992 a ''single market'' in the European Community should be in place. While the energy sector was not included in the ''White Paper'' which planned the single market, it soon became obvious that it could not be excluded. The single market in energy is intended to integrate energy supply in the member states and remove barriers to trade. It has been calculated that these barriers cost the Community 20-30 billion ecus ($15-20 billion) every year. Removing the barriers will result in much greater competition within the energy market. The Commission published a working document, the internal energy market, in May 1988. This report described the real and potential obstacles to the single energy market for each of the principal energy sources and suggested priorities which should be addressed. The strategy suggested in the report is outlined here, and recent developments briefly reviewed. (author)

  13. Certification and brand identity for energy efficiency in competitive energy services markets

    Energy Technology Data Exchange (ETDEWEB)

    Prindle, W.R.; Wiser, R.

    1998-07-01

    Resource commitments for energy efficiency from electricity companies are disappearing rapidly as the regulated Integrated Resource Planning and Demand-Side Management paradigms that fostered them give way to competitive power markets in a restructuring electricity industry. While free-market advocates claim that energy efficiency needs will be taken care of by competitive energy service providers, there is no assurance that efficiency will compete effectively with the panoply of other energy-related (and non-energy-related) services that are beginning to appear in early market offerings. This paper reports the results of a feasibility study for a certification and brand identity program for energy efficiency geared to competitive power markets. Funded by the Energy Foundation, this study involved a survey and personal interviews with stakeholders, plus a workshop to further the discussion. Stakeholders include independent power marketers and energy service companies, utility affiliate power marketers and energy service companies, government agencies, trade associations, non-profit organizations, equipment manufacturers, and consultants. The paper summarizes the study's findings on such key issues as: Whether a brand identity concept has a critical mass of interest and support; how qualification and certification could work in such a program; how a brand identity could be positioned in the market; how an efficiency brand identity could co-brand with renewable power branding programs and other green marketing efforts; and the resources and components needed to make such a program work on a national scale.

  14. Community based social marketing for implementation of energy saving targets at local level

    Directory of Open Access Journals (Sweden)

    Dalia Streimikiene

    2015-05-01

    Full Text Available Energy saving and greenhouse gas (GHG emission reduction policies at local level need to be investigated and new tools for climate change mitigation are necessary seeking to achieve GHG emission targets in Lithuania. Most Lithuanian municipalities have signed Covenant of Mayors and have prepared local energy action plans. However, all these plans include just energy saving measures on supply side and renovation of buildings. Nevertheless, the significant energy savings and GHG emission reductions can be achieved through behavioural changes. The aim of the paper is to apply community based social marketing approach in assessment of achievable energy saving and GHG emission reduction targets set by local energy action plans. The paper presents the results of case study implemented in Kaunas region municipality. The case study was conducted by creating focus groups and applying two scenarios: baseline or doing nothing and climate change mitigation scenario including intervention measures. The results of case study revealed that the total energy consumption reduction target set in Sustainable energy development strategy of Kaunas region county - 11% - can be achieved by combining results of energy consumption reduction in both focus groups. The survey conducted after study finalization revealed that respondents were provided with a lot of additional knowledge during the study and achieved real money savings. The major barriers of energy savings in households are related with the lack of information on energy savings and GHG emission reduction.

  15. Scenarios for Russia's natural gas exports to 2050

    International Nuclear Information System (INIS)

    Paltsev, Sergey

    2014-01-01

    Russia is an important energy supplier as it holds the world's largest natural gas reserves and it is the world's largest exporter of natural gas. Despite a recent reduction in Russia's exports to Europe, it plans to build new pipelines. We explore the long-term (up to 2050) scenarios of Russian natural gas exports to Europe and Asia using the MIT Emissions Prediction and Policy Analysis (EPPA) model, a computable general equilibrium model of the world economy. We found that over the next 20–40 years natural gas can still play a substantial role in Russian exports and there are substantial reserves to support a development of the gas-oriented energy system both in Russia and in its current and potential gas importers. Based on the considered scenarios, Russia does not need any new pipeline capacity to the EU unless it wants to diversify its export routes to supply the EU without any gas transit via Ukraine and Belarus. Asian markets are attractive to Russian gas and substantial volumes may be exported there. Relatively cheap shale gas in China may sufficiently alter the prospects of Russian gas, especially in Asian markets. In the Reference scenario, exports of natural gas grow from Russia's current 7 Tcf to 11–12 Tcf in 2030 and 13–14 Tcf in 2050. Alternative scenarios provide a wider range of projections, with a share of Russian gas exports shipped to Asian markets rising to more than 30% by 2030 and almost 50% in 2050. Europe's reliance on LNG imports increases, while it still maintains sizable imports from Russia. - Highlights: • In the Reference scenario exports of natural gas grow from Russia’s current 7 Tcf to 11–12 Tcf in 2030 and 13–14 Tcf in 2050. • In alternative scenarios a share of Russian exports to Asian markets is rising to about 30% by 2030 and 50 % in 2050. • Cheap shale gas in China can sufficiently alter Russian natural gas export. • Reduction in nuclear generation in Europe can lead to increased exports of natural gas from

  16. Agriculture energy prospective by 2030: scenarios and action patterns

    International Nuclear Information System (INIS)

    2010-01-01

    This paper presents and comments the main results of a work-group focused on the evolution of agriculture in France in relationship with the new energetic context. Four scenarios have been defined, corresponding to different energetic, but also social, political and economic contexts by 2030. The first one corresponds to a severe energy crisis with an emergence of regional governance. The second one corresponds to a high volatility of energy prices, an increased easing of restrictions on trade, and a decrease of public supports and subsidies for agriculture. The third one corresponds to a strong reduction of the use of phyto-sanitary products in agriculture, a continuous urban sprawl, and the prevalence of road transport. The fourth one corresponds to agriculture respectful of the environment and a good management of energy consumption. Direct and indirect energy consumptions are assessed for the four scenarios. Some general and operational objectives are thus identified

  17. 2050 pathway to an active renewable energy scenario for Jiangsu province

    DEFF Research Database (Denmark)

    Hong, Lixuan; Lund, Henrik; Mathiesen, Brian Vad

    2013-01-01

    emphasis on improving its energy efficiency and utilizing its renewable resources in the future. This paper presents the integrated energy pathway for Jiangsu during its social and economic transformation until 2050. EnergyPLAN is the chosen energy system analysis tool, since it accounts for all sectors...... of the energy system that needs to be considered when integrating large-scale renewable energy. A Current Policy Scenario (CPS) based on current energy policies and an Ambitious Policy Scenario (APS) based on large-scale integration of renewable energy and ambitious measures of energy efficiency improvement......In 2009, Jiangsu province of China supplied 99.6 percent of its total energy consumption with fossil fuels, of which 82 percent was imported from other provinces and countries. With rising energy demand, frequent energy shortages, and increasing pollution, it is essential for Jiangsu to put more...

  18. A 100% Renewable Energy Scenario for the Java-Bali Grid

    Directory of Open Access Journals (Sweden)

    Matthias Guenther

    2018-02-01

    Full Text Available Currently, many countries try to satisfy their energy needs with an increasing usage of renewable resources. The general motivations, with varying weighting in the different countries, are ecological reasons, concerns about energy security, and economical considerations. A for now rather theoretical question, although interesting for opening a long-term perspective, is how an energy supply from exclusively renewable energy resources could look like. This question has to be answered individually for any specific energy supply system. The present paper has the objective to present and evaluate a scenario for an electricity supply only from renewable energy resources for the Java-Bali grid. After designing a load time series for the year 2050 for the Java-Bali grid, a scenario is developed how to cover the load with electricity from renewable energy resources alone. Assumptions about the usable energy sources are made as well as assumptions about the available power plant capacity or energy potential. A specific challenge is the fact that solar energy must be the main source in such a renewable-energy based system, which comes with the need for a large storage capacity to match the power supply at any time with the load. Several possibilities are presented how to bring down the storage capacity: the increment of the installed PV capacity, the usage of bioenergy for seasonal balancing, and the complementation of the proposed short-term storage with an additional long-term storage. The study shows some of the specific challenges that a gradual transformation of the current electricity supply system on Java and Bali into a renewable-energy-based one would face and gives some hints about how to cope with these challenges. Scenarios like the one designed in this study are an important tool for decision-makers who face the task to scrutinize the consequences of choosing between different development paths.   Article History: Received: August 15th 2017

  19. Carbon tax scenarios and their effects on the Irish energy sector

    International Nuclear Information System (INIS)

    Di Cosmo, Valeria; Hyland, Marie

    2013-01-01

    In this paper we use annual time series data from 1960 to 2008 to estimate the long run price and income elasticities underlying energy demand in Ireland. The Irish economy is divided into five sectors: residential, industrial, commercial, agricultural and transport, and separate energy demand equations are estimated for all sectors. Energy demand is broken down by fuel type, and price and income elasticities are estimated for the primary fuels in the Irish fuel mix. Using the estimated price and income elasticities we forecast Irish sectoral energy demand out to 2025. The share of electricity in the Irish fuel mix is predicted to grow over time, as the share of carbon intensive fuels such as coal, oil and peat, falls. The share of electricity in total energy demand grows most in the industrial and commercial sectors, while oil remains an important fuel in the residential and transport sectors. Having estimated the baseline forecasts, two different carbon tax scenarios are imposed and the impact of these scenarios on energy demand, carbon dioxide emissions, and government revenue is assessed. If it is assumed that the level of the carbon tax will track the futures price of carbon under the EU-ETS, the carbon tax will rise from €21.50 per tonne CO 2 in 2012 (the first year forecasted) to €41 in 2025. Results show that under this scenario total emissions would be reduced by approximately 861,000 tonnes of CO 2 in 2025 relative to a zero carbon tax scenario, and that such a tax would generate €1.1 billion in revenue in the same year. We also examine a high tax scenario under which emissions reductions and revenue generated will be greater. Finally, in order to assess the macroeconomic effects of a carbon tax, the carbon tax scenarios were run in HERMES, the ESRI's medium-term macroeconomic model. The results from HERMES show that, a carbon tax of €41 per tonne CO 2 would lead to a 0.21% contraction in GDP, and a 0.08% reduction in employment. A higher carbon

  20. Third generation algae biofuels in Italy by 2030: A scenario analysis using Bayesian networks

    International Nuclear Information System (INIS)

    Gambelli, Danilo; Alberti, Francesca; Solfanelli, Francesco; Vairo, Daniela; Zanoli, Raffaele

    2017-01-01

    We have analysed the potential for biofuels from microalgae in the Italian biofuels context. This scenario analysis considers alternative pathways for the adoption of biofuels from microalgae by the year 2030. The scenarios were developed using a probabilistic approach based on Bayesian networks, through a structured process for elicitation of expert knowledge. We have identified the most and least favourable scenarios in terms of the expected likelihood for the development of the market of biofuels from microalgae, through which we have focussed on the contribution of economic and policy aspects in the development of the sector. A detailed analysis of the contribution of each variable in the context of the scenarios is also provided. These data represent a starting point for the evaluation of different policy options for the future biofuel market in Italy. The best scenario shows a 75% probability that biofuels from microalgae will exceed 20% of the biofuel market by 2030. This is conditional on the improvement and development of the technological changes and environmental policies, and of the markets for bioenergy and novel foods derived from microalgae. - Highlights: • Scenarios for Third generation biofuels are modelled by Bayesian networks. • Best and worst scenarios for year 2030 are presented. • The role of environmental policy is analysed. • Energy and food-feed markets influence the share of biofuels from micro-algae.

  1. Energy policy and the market economy

    International Nuclear Information System (INIS)

    Ruehle, H.; Miegel, M.

    1980-01-01

    The consistent supply of the people with cheap energy is one of the biggest challenges of our time. There is hardly any other sphere where the opinions on the correct means and ways are as different as in energy policy. While some people see only the market as a suitable instrument to solve the energy problems, others are of the opinion that the problems can only be solved by planning by the government, quantitative restrictions, and other directive measures. The answer to this question involves long-term results, not only for our future energy policy. Planned economy in the energy section and marketing in all other sections cannot be continued for ever. The clarification of this question is the goal of these lectures and discussions held on the experts' meeting 'energy policy in marketing'. (orig.) [de

  2. Can renewable energy sources be financed through competitive power markets in the long run?; Koennen sich erneuerbare Energien langfristig auf wettbewerblich organisierten Strommaerkten finanzieren?

    Energy Technology Data Exchange (ETDEWEB)

    Kopp, Oliver; Essler-Frey, Anke; Engelhorn, Thorsten [MVV Energie AG, Mannheim (Germany)

    2012-12-15

    In this paper we address the issue of whether renewable energy sources can be integrated into power markets if the use of renewable energies is extended at the desired speed. Market integration means that renewable energy sources have to cover their full costs from revenues on competitive markets. In the first part of this paper, we evaluate the long-term revenues of intermittent renewable energy sources using a high resolution power market model. Considering the renewable targets of the German lead study of 2010, we show that due to the merit order effect, intermittent renewable energy sources, such as wind power and photovoltaic, cannot be financed through power markets alone, even if their full costs fall below those of conventional power plants. This is also true for scenarios with high CO{sub 2}-prices and increasing spot market prices. In the second part of this paper, we discuss whether in the long run additional instruments such as green certificates or capacity markets would allow for a more competitive financing of renewable energy sources. Center stage in the discussion is the question under which circumstances these instruments increase competitive pricing and decentralised market decisions. (orig.)

  3. The Social, Educational, and Market Scenario for nZEB in Europe

    Directory of Open Access Journals (Sweden)

    Evangelia Topriska

    2018-03-01

    Full Text Available Nearly Zero Energy Buildings (nZEB are a significant part of the energy efficiency strategy of the European Union. As buildings represent approximately 40% of the final energy use in Europe, the reduction of their energy demand is key for a sustainable future. This paper takes a qualitative approach and presents data about professional and market barriers, as well as the educational market in relation to the implementation of nZEB policies for new and retrofit buildings in 11 European countries. Different levels of policy enactments and market penetration are reported and are generally found to be more advanced in western and central European countries. Furthermore, gender equality is examined in the building sector in relation to nZEB and presents significant gaps, with a more balanced situation reported in southern Europe. The accreditation and targeted education of nZEB experts is still almost non-existent in the examined countries, and the need for training of building professionals is highlighted as a critical missing component of current policy. This research aims to be the first step towards the creation of educational material and programmes as a mean to accelerate the transition to nZEB.

  4. Renewable energy markets in developing countries

    International Nuclear Information System (INIS)

    Martinot, Eric; Chaurey, Akanksha; Lew, Debra; Moreira, Jose Roberto; Wamukonya, Njeri

    2003-01-01

    Roughly 400 million households, or 40% of the population of developing countries, do not have access to electricity. Household and community demand for lighting, TV, radio, and wireless telephony in rural areas without electricity has driven markets for solar home systems, biogas-fueled lighting, small hydro mini-grids, wind or solar hybrid mini-grids, and small wind turbines. These technologies are not strictly comparable with each other, however; the level of service that households receive varies considerably by technology and by the specific equipment size used. Regardless of size, surveys and anecdotal evidence suggest that rural households value both electric lighting and television viewing. Growing numbers of individual equipment purchases, beyond government-driven programs, point to growing market demand. As energy consumption rises with increases in population and living standards, awareness is growing about the environmental costs of energy and the need to expand access to energy in new ways. As recognition grows of the contribution renewable energy can make to development, renewable energy is shifting from the fringe to the mainstream of sustainable development. Support for renewable energy has been building among those in government, multilateral organizations, industry, and non-governmental organizations. Commercial markets for renewable energy are expanding, shifting investment patterns away from traditional government and donor sources to greater reliance on private firms and banks. In this paper we take a market orientation, providing an aggregate review of past market experience, existing applications, and results of policies and programs. (BA)

  5. Outlook for electricity markets 2005-2006 : an energy market assessment

    International Nuclear Information System (INIS)

    2005-06-01

    The National Energy Board monitors the supply of electricity as well as its demand in both domestic and export markets. This document was produced in response to a survey with power generation, transmission and distribution companies, marketers, end-users, environmental groups and government agencies who demonstrated the need for more short-and medium-term energy market assessments to supplement the Board's longer term energy analysis. It on the short-term (2005-2006) issues that can have a long-term effect on the electricity sector. The document presents an analysis of Canadian electricity markets with particular focus on the main drivers affecting current trends in generation, demand, prices, infrastructure additions, and inter-regional and international trade. Current restructuring activities in Canada's electricity industry were also described along with the close relationship between the electricity sectors in Canada and the United States which stems from the integrated nature of the North American power grid. A regional market assessment and a summary was provided for each of Canada's provinces and territories with reference to market structure and current market developments. It was revealed that Canada's electricity markets have developed along provincial or regional boundaries. Utilities have tried to provide adequate and reliable electricity supply, environmental sustainability and acceptable electricity prices. It was concluded that supply is adequate in all regions in the short-term, but tight supply conditions could emerge as early as 2007. Alternative and renewable resource and demand management are becoming more important in addressing air quality issues and supply adequacy. Since uncertainty may delay investment and development of new infrastructure, utilities may be forced to increase electricity prices. It was suggested that interprovincial energy transfers should be further explored. Five recommendations were presented to address the key

  6. SERA Scenarios of Early Market Fuel Cell Electric Vehicle Introductions: Modeling Framework, Regional Markets, and Station Clustering; NREL (National Renewable Energy Laboratory)

    Energy Technology Data Exchange (ETDEWEB)

    Melaina, M.

    2015-03-23

    This presentation provides an overview of the Scenario Evaluation and Regionalization Analysis (SERA) model, describes the methodology for developing scenarios for hydrogen infrastructure development, outlines an example "Hydrogen Success" scenario, and discusses detailed scenario metrics for a particular case study region, the Northeast Corridor.

  7. EU Energy Law. Volume 1. The Internal Energy Market. 2. ed.

    International Nuclear Information System (INIS)

    Jones, C.; Webster, W.

    2006-06-01

    European energy markets are undergoing rapid and fundamental change. In 2005 the European Council and European Parliament adopted the second energy liberalisation package, including the new electricity and Natural Gas Directives and the Electricity Regulation. In addition, the European Commission tabled new Directives on Security of Supply and a draft Natural Gas Regulation. This is affecting markets not only in the European Union, but throughout Europe, the Mediterranean, the Balkans and Russia. These changes have affected not only energy law. Community competition law in the energy sector has been evolving quickly, reacting to the restructuring of the markets, and the new commercial partnerships that result. EU Energy Law is a complete and essential reference work for all those advising on and implementing in practice the enormous changes in today's electricity and gas markets. It is written for both legal specialists and for those working in industry responsible for overseeing the move towards open and competitive markets

  8. A 'business-as-usual' energy scenario for France at the 2020 vista; Un scenario energetique tendanciel pour la France a l'horizon 2020

    Energy Technology Data Exchange (ETDEWEB)

    Giraud, P.N

    2000-01-01

    A 'business-as-usual' energy scenario is the most probable scenario where the energy demand follows the trends of the past and where no new energy policy is implemented. This work is a complement to the three contrasted energy scenarios built in 1998 by the 'Energy 2010-2020' prospective group of the French general commission of national development. The scenario built in this study is only a reference which allows the measure the efforts made to reach political goals. The main conclusion of this scenario is the increase of the CO{sub 2} emissions under the double effect of the economic growth and of the cessation of the nuclear program which becomes non-competitive with respect to the gas prices and actualization rates retained in the scenario. The main constraint of the energy future is incontestably the necessary fight against the greenhouse effect. (J.S.)

  9. Comparison of future energy scenarios for Denmark: IDA 2050, CEESA (Coherent Energy and Environmental System Analysis), and Climate Commission 2050

    International Nuclear Information System (INIS)

    Kwon, Pil Seok; Østergaard, Poul Alberg

    2012-01-01

    Scenario-making is becoming an important tool in energy policy making and energy systems analyses. This article probes into the making of scenarios for Denmark by presenting a comparison of three future scenarios which narrate 100% renewable energy system for Denmark in 2050; IDA 2050, Climate Commission 2050, and CEESA (Coherent Energy and Environmental System Analysis). Generally, although with minor differences, the scenarios suggest the same technological solutions for the future such as expansion of biomass usage and wind power capacity, integration of transport sector into the other energy sectors. The methodologies used in two academic scenarios, IDA 2050 and CEESA, are compared. The main differences in the methodologies of IDA 2050 and CEESA are found in the estimation of future biomass potential, transport demand assessment, and a trial to examine future power grid in an electrical engineering perspective. The above-mentioned methodologies are compared in an evolutionary perspective to determine if the methodologies reflect the complex reality well. The results of the scenarios are also assessed within the framework of “radical technological change” in order to show which future scenario assumes more radical change within five dimensions of technology; technique, knowledge, organization, product, and profit. -- Highlights: ► Three future scenarios for Danish future in 2050 are compared. ► All of these scenarios suggest the same solutions for the future with minor differences. ► There are differences in methodologies for IDA 2050 and CEESA such as biomass, transport, and power grid. ► The contents of scenarios are assessed which scenario assume more radical technological change in the future.

  10. Integration of energy markets with neighbouring countries

    International Nuclear Information System (INIS)

    Mulder, M.; Vermeulen, M.

    2008-01-01

    The Dutch wholesale markets for energy are still hindered by the various bottlenecks, which lead to higher costs for energy consumers than in well operating markets. A more efficient utilization of the import infrastructure could result in savings for energy consumers up to several tens of millions of euros. The managers of the transport infrastructure must take on a more active approach to eliminate these market obstacles. [mk] [nl

  11. Energy efficiency, market failures, and government policy

    International Nuclear Information System (INIS)

    Levine, M.D.; Koomey, J.G.; McMahon, J.E.; Sanstad, A.H.; Hirst, E.

    1994-03-01

    This paper presents a framework for evaluating engineering-economic evidence on the diffusion of energy efficiency improvements. Four examples are evaluated within this framework. The analysis provides evidence of market failures related to energy efficiency. Specific market failures that may impede the adoption of cost-effective energy efficiency are discussed. Two programs that have had a major impact in overcoming these market failures, utility DSM programs and appliance standards, are described

  12. Entry, concentration and market efficiency: A simulation of the PJM energy market

    Science.gov (United States)

    Harvill, Terry

    The rapid and substantial expansion of the PJM energy market during 2004 and 2005 provides a unique opportunity to test the theory of market concentration and its effect on market efficiency. With ten years of operational experience, the PJM energy market is uniquely suited to test the theories of market concentration and efficiency in a natural experiment. This research tests the hypothesis that, for a given number of generating units in the industry, system marginal price will be a decreasing function of the number of owners or generators controlling the units (i.e., the industry concentration ratio). Market simulations are utilized to assess price-cost markups in the PJM energy market during three distinct periods of expansion: (1) pre-Commonwealth Edison integration, (2) pre-American Electric Power (AEP), Dayton Power and Light (DPL), Duquesne Light (Duquesne), and Dominion Virginia Power (Dominion) integration, and (3) post-AFT, DPL. Duquesne, and Dominion Integration. The results of the market simulations for the May 1 to August 31 periods for 2003, 2004, and 2005, indicate that the performance of the market improved with the addition of new market participants in 2004 and 2005. The results of the simulation indicate that the load-weighted Lerner index decreased to -3.70 percent in 2005 from 0.92 percent in 2003. Clearly, the addition of Commonwealth Edison in 2004 significantly increased constraints within the PJM energy market and likely impacted the observed prices in PJM during 2004 due to the lack of a significant link to the other PJM market participants. This deficiency was address in 2005 with the addition of American Electric Power. The market simulations also highlight the prevalence of computed negative markups in the simulation results. Many of the off-peak periods in particular are characterized by negative markups where the expected marginal cost exceeds the observed price. Unit commitment constraints are believed to largely account for these

  13. Rural energy survey and scenario analysis of village energy consumption: A case study in Lao People's Democratic Republic

    International Nuclear Information System (INIS)

    Mustonen, S.M.

    2010-01-01

    In developing countries, providing all citizens an access to modern forms of energy is among the central energy policy objectives, as the linkages between modern energy services and human development are widely recognized. This paper presents in a scenario analysis of rural energy consumption, how energy services in different sectors of a village economy contribute to the achievement of the UNDP Millennium Development Goals. In a rural village in Lao People's Democratic Republic, household energy demand and energy uses were surveyed immediately prior to the electrification of the village. Based on the situation preceding electrification of the village, the development of village electrification was studied by simulating the village energy system, accounting for all village energy uses but transportation. To study the potential development of electricity demand in the village, three scenarios were constructed using the LEAP model: 'residential demand', 'income generation' and 'public services'. Energy demand in each scenario was analyzed with reference to the Millennium Development Goals.

  14. The energy market in Flanders, Belgium, in 2006

    International Nuclear Information System (INIS)

    2007-05-01

    The Flemish Regulation Entity for the Electricity and Gas market (VREG) aims at becoming the knowledge centre of the liberalised energy market in Flanders, Belgium. Knowledge must be obtained and made available to the public with respect to the market for energy. This does not only involve aspects pertaining to the physical connection of grids across the borders of districts and countries, but also the effects of economic, political and financial decisions and tendencies in Flanders and surrounding area. In the past, data on the energy market were publishes as part of the annual report. As of 2006, reporting is separated. This Energy Market Report is built up based on data that was made available by the market parties. It focuses on the various actors and their market positions as well as on the specific historical and future evolutions. Moreover, market forces are portrayed. The price evolutions of the past years are analysed. Finally, attention is paid to the growing market of certificates.(mk) [nl

  15. Energy subsidies in California's electricity market deregulation

    International Nuclear Information System (INIS)

    Ritschel, Alexander; Smestad, G.P.

    2003-01-01

    Deregulation and re-regulation of California's electricity market not only failed in terms of anticipated cost reductions, improved customer service and higher competition, it also led to the introduction of various additional energy subsidies. This paper analyzes California's electricity market deregulation process from a subsidy viewpoint. Under deregulation in California, investor-owned utilities were not allowed to pass their energy procurement costs fully on to their customers, and therefore subsequently, and inevitably, ran into severe financial problems. Such retail price regulation is an energy subsidy that is both economically and environmentally unfavorable, because it veils true price signals to electricity consumers and, in this way, discourages energy conservation. Other policies implemented in California that represent perverse energy subsidies are the purchase of power by the state of California, the suspension of retail competition, and the potential misuse of money from the recovery of stranded costs. Many interventions implemented by the state to smooth out the impacts of the energy crisis insulated electricity consumers from market realities, supported the existing structure of California's electricity market, which is predominantly based on fossil fuels, and suppressed market incentives to improve energy conservation

  16. Mexico's long-term energy outlook : results of a detailed energy supply and demand simulation

    International Nuclear Information System (INIS)

    Conzelmann, G.; Quintanilla, J.; Conde, L.A.; Fernandez, J.; Mar, E.; Martin del Campo, C.; Serrato, G.; Ortega, R.

    2006-01-01

    This article discussed the results of a bottom-up analysis of Mexico's energy markets which was conducted using an energy and power evaluation program. The program was used to develop energy market forecasts to the year 2025. In the first phase of the study, dynamic optimization software was used to determine the optimal, least-cost generation system expansion path to meet growing demand for electricity. A separate model was used to determine the optimal generating strategy of mixed hydro-thermal electric power systems. In phase 2, a nonlinear market-based approach was used to determine the energy supply and demand balance for the entire energy system, as well as the response of various segments of the energy system to changes in energy price and demand levels. Basic input parameters included information on the energy system structure; base-year energy statistics; and, technical and policy constraints. A total of 14 scenarios were modelled to examine variations in load growth, sensitivities to changes in projected fuel prices, variations in assumed natural gas availability, system reliability targets, and the potential for additional nuclear capacity. Forecasts for the entire energy system were then developed for 4 scenarios: (1) reference case; (2) limited gas scenario; (3) renewable energy; and (4) additional nuclear power generation capacity. Results of the study showed that Mexico's crude oil production is projected to increase annually by 1 per cent to 2025. Imports of petroleum products resulting from the country's rapidly growing transportation sector will increase. Demand for natural gas is expected to outpace projected domestic production. The long-term market outlook for Mexico's electricity industry shows a heavy reliance on natural gas-based generating technologies. It was concluded that alternative results for a constrained-gas scenario showed a substantial shift to coal-based generation and associated effects on the natural gas market. 4 refs., 26

  17. Evolution of gas markets and energy security

    Energy Technology Data Exchange (ETDEWEB)

    Mitrova, Tatiana

    2007-07-01

    Questions of energy security and international gas trade became indissolubly connected during the last years. Paradoxically during the evolution of natural gas markets concerns about security issues in gas trade are only growing at the same time as transaction costs. Market participants have developed several mechanisms of adaptation (vertical integration, mutual penetration of capital and long-term contracts) which should be regarded not as a market failure but as an essential part of energy security guarantees at the moment. Further gas market evolution will demand more unified institutional framework to decrease threats to energy security and transaction costs. But this framework should be a result of mutual compromise of all market participants. (auth)

  18. Security of energy supply: Comparing scenarios from a European perspective

    International Nuclear Information System (INIS)

    Costantini, V.; Markandya, A.; Vicini, G.

    2007-01-01

    This policy compares different results from a set of energy scenarios produced by international energy experts, in order to analyse projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of existing energy security policies, suggesting alternative or complementary future actions. According to the analysis, the main risks and negative impacts in the long term could be the increasing risk of collusion among exporters due to growing dependence of industrialized countries and insufficient diversification; and a risk of demand/supply imbalance, with consequent instability for exporting regions due to insufficient demand, and lack of infrastructures due to insufficient supply. Cooperation with exporting countries enhancing investments in production capacity, and with developing countries in order to reinforce negotiation capacity of energy-importing countries seem to be the most effective policies at international level. (author)

  19. Security of energy supply: Comparing scenarios from a European perspective

    International Nuclear Information System (INIS)

    Costantini, Valeria; Gracceva, Francesco; Markandya, Anil; Vicini, Giorgio

    2007-01-01

    This paper compares different results from a set of energy scenarios produced by international energy experts, in order to analyse projections on increasing European external energy dependence and vulnerability. Comparison among different scenarios constitutes the basis of a critical review of existing energy security policies, suggesting alternative or complementary future actions. According to the analysis, the main risks and negative impacts in the long term could be the increasing risk of collusion among exporters due to growing dependence of industrialized countries and insufficient diversification; and a risk of demand/supply imbalance, with consequent instability for exporting regions due to insufficient demand, and lack of infrastructures due to insufficient supply. Cooperation with exporting countries enhancing investments in production capacity, and with developing countries in order to reinforce negotiation capacity of energy-importing countries seem to be the most effective policies at international level

  20. Energy market opening and the national energy programme in Slovenia

    International Nuclear Information System (INIS)

    Tomsic, M. G.; Urbancic, A.

    2000-01-01

    Slovenia is now moving fast toward market opening, at least in the electricity sector, due to the new Energy Law adopted in 1999. The Energy Law defines the main energy policy directions, including the sustainable development criterion. It also calls for the preparation of a National Energy Programme (NEP) to be adopted by the Parliament. According to the Law, local governments are expected to prepare local energy concepts, in line with the NEP and space planning decisions. Two most difficult challenges for national energy policies are: opening of the electricity market and meeting the Kyoto Protocol targets in the reduction of greenhouse gasses. The success of the energy sector reform depends on the fine-tuning of various instruments: market structuring and state interventions. The immediate concern for the sector in the secondary legislation, the fifty regulations that the Energy Law calls for. These regulations have to be prepared well before the date of internal electricity market opening on April 15th, 2001. The institutional structure to be established should be adapted for international competition that will start in electricity and gas no later than January 1st, 2003. It is expected that the NEP, to be prepared by spring of the year 2001, will propose complementary development strategies to cope with partially conflicting targets. Four groups of criteria shall be applied to compare the alternatives: security of supply, competitiveness of the society, preserving the space and environment quality and social cohesion. It is expected that energy market opening, not a final goal by itself, can be instrumental for the improvement of the energy sector performance on all accounts. (author)

  1. Market role, profitability and competitive features of thermal power plants in the Swedish future electricity market with high renewable integration

    OpenAIRE

    Llovera Bonmatí, Albert

    2017-01-01

    The Swedish energy market is currently undergoing a transition from fossil fuels to renewable energy sources, including a potential phase-out of nuclear power. The combination of a phase-out with expansion of intermittent renewable energy leads to the issue of increased fluctuations in electricity production. Energy-related organizations and institutions are projecting future Swedish energy scenarios with different possible transition pathways. In this study the market role of thermal power p...

  2. The energy consumption of private households 1990 - 2035 - Results of scenarios I - IV

    International Nuclear Information System (INIS)

    Hofer, P.

    2007-01-01

    This comprehensive report for the Swiss Federal Office of Energy (SFOE) presents four scenarios concerning the development of energy consumption in Swiss private households for the period 1990 - 2035. The four scenarios - status quo, increased co-operation between the state and the economy with various levies, global reduction of energy consumption and, finally, scenario IV 'on the way to a 2000-Watt Society' - are briefly described. In particular, the scenarios are examined for various sensitivities: high gross domestic product GDP, high prices and warmer climate. The results of the sensitivity analyses are compared and discussed and the necessary instruments are examined. This comprehensive report contains a large number of data-tables and graphical representations

  3. Competing in changing energy markets

    International Nuclear Information System (INIS)

    Hannell, M.D.

    1995-01-01

    This paper presents two perspectives: first, that of a successful exporter of energy products into world markets and second, that of a producer and seller of energy to consumers in South Australia and New South Wales - a large proportion of whom are privately and publicly owned trading organisations. It looks at Santos' experience in winning export markets for its liquid products; provides an overview of the changes - occurring and prospective to the Australian energy sector; and finally, discusses the outlook for Santos' South Australian gas business. The Australian energy-supply sectors have entered a period of unprecedented change. With energy being a contributor, and in many cases accounting for a large share of a traded good's cost, the impact of the emerging developments in the energy sector are of considerable significance

  4. Low carbon and clean energy scenarios for India: Analysis of targets approach

    International Nuclear Information System (INIS)

    Shukla, Priyadarshi R.; Chaturvedi, Vaibhav

    2012-01-01

    Low carbon energy technologies are of increasing importance to India for reducing emissions and diversifying its energy supply mix. Using GCAM, an integrated assessment model, this paper analyzes a targets approach for pushing solar, wind, and nuclear technologies in the Indian electricity generation sector from 2005 to 2095. Targets for these technologies have been constructed on the basis of Indian government documents, policy announcements, and expert opinions. Different targets have been set for the reference scenario and the carbon price scenario. In the reference scenario, wind and nuclear technologies exceed respective targets in the long run without any subsidy push, while solar energy requires subsidy push throughout the century in order to meet its high targets. In the short run, nuclear energy also requires significant subsidy, including a much higher initial subsidy relative to solar power, which is a result of its higher targets. Under a carbon price scenario, the carbon price drives the penetration of these technologies. Still, subsidy is required — especially in the short run when the carbon price is low. We also found that pushing solar, wind, and nuclear technologies leads to a decrease in share of CCS under the carbon price scenario and biomass under both the reference and carbon price scenarios. This is because low carbon technologies compete among themselves and substitute each other, thereby enhancing the need for subsidy or carbon price, highlighting that proposed targets are not set at efficient levels. In light of contemporary debate on external costs of nuclear energy, we also assess the sensitivity of the results to nuclear technology cost. We find that higher cost significantly decreases the share of nuclear power under both the reference and carbon price scenarios.

  5. Stakes and consequences of the opening of energy markets

    International Nuclear Information System (INIS)

    Anon.

    2002-01-01

    This colloquium on the European energy market was organized by the group of energy studies of the commission of economic affairs of the French Senate. The aim of the colloquium was to debate the industrial organization of France in the context of opened energy markets. This article summarizes the point of view of the different participants concerning: the security of energy supplies, the situation of the opening of energy markets in the different European countries, the role of market regulation authorities, the necessary evolutions, the legal risks linked with open markets, and the examples of the German and US markets. (J.S.)

  6. Energy-environment scenarios for Senegal

    Energy Technology Data Exchange (ETDEWEB)

    Lazarus, M. [Stockholm Environment Inst. Boston, MA (United States); Diallo, S.; Sokona, Y. [Environment and Development in the Third World, Dakar (Senegal)

    1994-06-01

    This paper explores the energy and environmental dimensions of proposed energy strategies for Senegal. We do so using a quantitative analytical framework, and begin to explore how useful such numerical methods can be in an African context. Based on past studies and the environmental database system, we develop a set of emission factors for use in Senegal. Finally, we address ways to integrate the often unquantifiable environmental and economics cost and benefits for environmentally informed decision making. In summary, we find that polices intended to promote the substitution of liquid petroleum gas (LPG) for charcoal in households can actually reduce greenhouse gas emissions while contributing to the improvement of more important near-term environmental problems. At the same time, the impacts of LPG substitution on increasing the oil import bill is relatively small when compared to other petroleum product usage.Improving end-use energy efficiency also shows promise, suggesting that new demand-side initiatives are needed. Overall, the integrated energy-environment scenario approach can reveal combined policy impacts that might otherwise be missed in a single project or policy approach. 13 figs, 5 tabs

  7. The German energy market. 2014 yearbook. Data and facts on conventional and renewable energy resources; Energiemarkt Deutschland. Jahrbuch 2014. Daten und Fakten zu konventionellen und erneuerbaren Energien

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, Hans-Wilhelm [RWE AG, Essen (Germany). Allgemeine Wirtschaftspolitik/Wissenschaft; RWTH Aachen Univ. (Germany). Fachbereich Technologie der Energierohstoffe; World Energy Council, London (United Kingdom). World Energy Resources

    2014-07-01

    The present book provides an overview of the energy market of the German Federal Republic. Its main emphasis is on structures of demand and supply in the markets for crude oil, brown coal, hard coal, natural gas and electricity. A special chapter has been dedicated to renewable energy resources. Another focal area are the price formation mechanisms for oil, coal, natural gas and electricity. The development of energy demand is analysed, differentiating between the sectors industry, transport, households and trade/industry/services. The book addresses the international climate protection treaties, the legal framework for climate protection activities at the European level and the implementation of trade in greenhouse gas emission permits in Germany. It presents current forecasts and scenarios, thus pointing out possible perspectives in the German energy market. It also discusses the framework conditions for Germany's energy policy. The energy markets are portrayed through facts and figures compiled in a total of 125 tables and 148 diagrams. Details of ownership of more than 100 utility companies are made transparent. The chapter on energy in the coalition agreement of 27 November 2013 between the Christian Democratic Union, Christian Social Union and the Social Democratic Party is documented verbatim. Rounding off the publication is a detailed glossary that will facilitate the reader's understanding of complex matters in the field of energy economy.

  8. Energy security: between markets and sovereign politics

    Directory of Open Access Journals (Sweden)

    Dudau Radu

    2016-09-01

    Full Text Available Energy security is a constant presence in the energy-related political discourse all over the world. States strive to secure steady inflows of needed energy supplies, as well as the price affordability of those supplies. However, what are deemed to be the best means to meet such goals depends on one’s theoretical vantage point. On the one hand, economically-minded theorists maintain that energy security is only a matter of market rules and interactions. Thus, they call upon energy markets to deliver both steady supplies and competitive prices. On the other hand, politically-minded scholars emphasize the political and hard-power nature of international energy trades, especially in a global context market by the emergence of state-centered, authoritarian regimes that use large national energy companies as foreign policy instruments. These two positions delineate competing approaches to how energy security risks ought to be managed. The former approaches energy security risks by means similar to portfolio management, requiring diversification of investments in order to insulate them from market shocks. The latter approaches energy security as a matter of foreign policy, by which states envisage interest coordination and favorable alignments within countervailing alliances against the agent of energy security risk. The present paper goes beyond the uncontentious point that these two dimensions are complementary. It argues that, depending on the international context, a more market-driven or a more-politically driven behavior may be adequate.

  9. Deployment Effects of Marine Renewable Energy Technologies: Wave Energy Scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Mirko Previsic

    2010-06-17

    Given proper care in siting, design, deployment, operation and maintenance, wave energy conversion could become one of the more environmentally benign sources of electricity generation. In order to accelerate the adoption of these emerging hydrokinetic and marine energy technologies, navigational and environmental concerns must be identified and addressed. All developing hydrokinetic projects involve a wide variety of stakeholders. One of the key issues that site developers face as they engage with this range of stakeholders is that, due to a lack of technical certainty, many of the possible conflicts (e.g., shipping and fishing) and environmental issues are not well-understood,. In September 2008, re vision consulting, LLC was selected by the Department of Energy (DoE) to apply a scenario-based assessment to the emerging hydrokinetic technology sector in order to evaluate the potential impact of these technologies on the marine environment and navigation constraints. The project’s scope of work includes the establishment of baseline scenarios for wave and tidal power conversion at potential future deployment sites. The scenarios capture variations in technical approaches and deployment scales to properly identify and characterize environmental effects and navigational effects. The goal of the project is to provide all stakeholders with an improved understanding of the potential range of technical attributes and potential effects of these emerging technologies and focus all stakeholders on the critical issues that need to be addressed. By identifying and addressing navigational and environmental concerns in the early stages of the industry’s development, serious mistakes that could potentially derail industry-wide development can be avoided. This groundwork will also help in streamlining siting and associated permitting processes, which are considered key hurdles for the industry’s development in the U.S. today. Re vision is coordinating its efforts with two

  10. Scenarios for a sustainable energy system in the Åland Islands in 2030

    International Nuclear Information System (INIS)

    Child, Michael; Nordling, Alexander; Breyer, Christian

    2017-01-01

    Highlights: • A fully sustainable energy system for the Åland Islands is possible by 2030. • 100% RE-based domestic production can be achieved with or without reliance on imported energy. • A highly electrified transport sector results in lower annualised energy system costs. • Highly electrified transport may promote employment and international partnerships. • Energy system scenarios were simulated for the Åland Islands with the EnergyPLAN modelling tool. - Abstract: A fully sustainable energy system for the Åland islands is possible by 2030 based on the assumptions in this study. Several scenarios were constructed for the future energy system based on various combinations of domestic production of wind and solar photovoltaic power, expanded domestic energy storage solutions, electrified transport, and strategic energy carrier trade. Hourly analysis of scenarios using the EnergyPLAN tool shows that annualised costs of operating a future sustainable energy system for the year 2030 range between 225 and 247 M€/a compared to 229 M€/a for the business as usual case. However, this result is highly dependent on how vehicle and battery costs are accounted. A scenario featuring a highly electrified transport sector, including a wide range of terrestrial and aquatic forms of mobility, was among the most cost competitive solutions due to high levels of flexibility and electric storage harnessed in the energy system. In this scenario cost reductions were achieved as high capacities of electric vehicle battery storage resulted in less need for seasonal storage and synthetic fuel production in the form of Power-to-Gas technologies and offshore wind power capacity. Results also indicate that 100% renewable energy-based domestic energy production can be achieved in Åland, with or without reliance on imported energy carriers, such as sustainable biofuels or electricity. A demonstration of a highly electrified transport sector may also offer Åland society

  11. Long-term cost targets for nuclear energy

    International Nuclear Information System (INIS)

    Rogner, H.H.; McDonald, A.

    2004-01-01

    In 2000 the International Atomic Energy Agency (IAEA) began the International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO) to help guide nuclear R and D strategies targeted on anticipated mid-century energy system needs. One part of INPRO seeks to develop cost targets for new designs to be competitive in mid-century markets. The starting point was the 40 scenarios of the Special Report on Emissions Scenarios (SRES) of the Intergovernmental Panel on Climate Change. This paper summarizes four of the SRES scenarios, one from each of the four SRES scenario families. It discusses their implications for nuclear energy, including cost targets, and develops for each an 'aggressive nuclear' variant. The aggressive nuclear variants estimate the potential market for nuclear energy if, by improving faster than assumed by the SRES authors, nuclear energy can make inroads into vulnerable market shares projected for its competitors. In addition to projected demands for nuclear generated electricity, hydrogen and heat, the aggressive variants include prospective demand for nuclear desalination and use in upgrading fossil fuels. The paper then presents learning rates and implied cost targets consistent with the aggressive nuclear variants of the SRES scenarios. One provocative initial result is that many of the scenarios with substantial nuclear expansion do not seem to require big reductions in nuclear investment costs. One interpretation discussed at the end of the paper highlights the difference between cost reductions consistent with long-term energy system optimization based on perfect foresight, and cost reductions necessary to attract private investment in today's 'deregulating' and uncertain energy markets. (orig.)

  12. Evaluation of alternative future energy scenarios for Brazil using an energy mix model

    Science.gov (United States)

    Coelho, Maysa Joppert

    The purpose of this study is to model and assess the performance and the emissions impacts of electric energy technologies in Brazil, based on selected economic scenarios, for a time frame of 40 years, taking the year of 1995 as a base year. A Base scenario has been developed, for each of three economic development projections, based upon a sectoral analysis. Data regarding the characteristics of over 300 end-use technologies and 400 energy conversion technologies have been collected. The stand-alone MARKAL technology-based energy-mix model, first developed at Brookhaven National Laboratory, was applied to a base case study and five alternative case studies, for each economic scenario. The alternative case studies are: (1) minimum increase in the thermoelectric contribution to the power production system of 20 percent after 2010; (2) extreme values for crude oil price; (3) minimum increase in the renewable technologies contribution to the power production system of 20 percent after 2010; (4) uncertainty on the cost of future renewable conversion technologies; and (5) model is forced to use the natural gas plants committed to be built in the country. Results such as the distribution of fuel used for power generation, electricity demand across economy sectors, total CO2 emissions from burning fossil fuels for power generation, shadow price (marginal cost) of technologies, and others, are evaluated and compared to the Base scenarios previous established. Among some key findings regarding the Brazilian energy system it may be inferred that: (1) diesel technologies are estimated to be the most cost-effective thermal technology in the country; (2) wind technology is estimated to be the most cost-effective technology to be used when a minimum share of renewables is imposed to the system; and (3) hydroelectric technologies present the highest cost/benefit relation among all conversion technologies considered. These results are subject to the limitations of key input

  13. International energy market

    International Nuclear Information System (INIS)

    De Boer, A.; Westrus, I.

    2001-01-01

    The industry, and later on households as well, are free to choose which company will be their energy supplier. The chances that it is going to be a foreign company are high. Many Dutch production companies were taken over by a foreign company. American companies, e.g. Reliant, Enron and TXU, Electrabel from Belgium and E.On from Germany all want a part of the Dutch industrial market. It is going to be a crowded market place and each company has it's own strategy to survive

  14. Selling power : marketing energy under deregulation

    Energy Technology Data Exchange (ETDEWEB)

    Drummond, J.; Hanna, F.

    2001-07-01

    This book discussed the marketing of energy in a deregulated environment. Experience from long distance telephone service providers has shown that historical dominance is not a guarantee for future success. As new brands are introduced and as consumer choice increases, so does the ability to change from one provider to another. Price is only one of the factors prompting that change. Old rules and practices do not bind new competitors who must face the challenge of open competition and must be aware of the ever-changing face of business. It was recommended that the strategic solution would be to build a brand and to develop significant market shares and create effective customer retention programs. This book focused on the elements that energy marketing professionals must use to maintain and increase share without product differentiation. It also explained how energy providers can effectively attract and retain customers over the long term while keeping marketing and service delivery costs down. It was suggested that small players can compete with the growing strength of regional providers by creating new alliances between larger energy conglomerates. The chapters of the book were entitled: (1) Introduction, (2) The Goals of Deregulation, (3) Strategic Marketing Choices, (4) Relationship Marketing, (5) The Role of Customer Service, (6) The Question of Outsourcing, and (7) Final Thoughts and Observations. 24 refs., 3 figs.

  15. Selling power : marketing energy under deregulation

    International Nuclear Information System (INIS)

    Drummond, J.; Hanna, F.

    2001-01-01

    This book discussed the marketing of energy in a deregulated environment. Experience from long distance telephone service providers has shown that historical dominance is not a guarantee for future success. As new brands are introduced and as consumer choice increases, so does the ability to change from one provider to another. Price is only one of the factors prompting that change. Old rules and practices do not bind new competitors who must face the challenge of open competition and must be aware of the ever-changing face of business. It was recommended that the strategic solution would be to build a brand and to develop significant market shares and create effective customer retention programs. This book focused on the elements that energy marketing professionals must use to maintain and increase share without product differentiation. It also explained how energy providers can effectively attract and retain customers over the long term while keeping marketing and service delivery costs down. It was suggested that small players can compete with the growing strength of regional providers by creating new alliances between larger energy conglomerates. The chapters of the book were entitled: (1) Introduction, (2) The Goals of Deregulation, (3) Strategic Marketing Choices, (4) Relationship Marketing, (5) The Role of Customer Service, (6) The Question of Outsourcing, and (7) Final Thoughts and Observations. 24 refs., 3 figs

  16. Electricity deregulation - impact on gas users and markets

    International Nuclear Information System (INIS)

    Koeppel, H.

    1995-01-01

    Various scenarios for the natural gas market as a function a electricity deregulation were predicted. One scenario was the formation of an integrated market where sellers would offer a broad spectrum of energy products. This diversification would expand into the retail sector across North America. The second effect of electricity deregulation was energy cost reduction. The consumers have already been experiencing this benefit of deregulation. Cost reduction has also stimulated competition among energy suppliers, and improved suppliers' response to consumers'demands. The eventual shake-out of energy suppliers was predicted. Smaller companies that could not survive the competition would give up the market to larger companies that understood and met the customers' needs. It was concluded that deregulation of the electricity industry would have an enormous impact on the natural gas industry and that there would be opportunities for gain among buyers and sellers

  17. An economic evaluation of alternative biofuel deployment scenarios in the USA

    Directory of Open Access Journals (Sweden)

    Gbadebo Oladosu

    2017-05-01

    Full Text Available Energy market conditions have shifted dramatically since the USA renewable fuel standards (RFS1 in 2005; RFS2 in 2007 were enacted. The USA has transitioned from an increasing dependence on oil imports to abundant domestic oil production. In addition, increases in the use of ethanol, the main biofuel currently produced in the USA, is now limited by the blend wall constraint. Given this, the current study evaluates alternative biofuel deployment scenarios in the USA, accounting for changes in market conditions. The analysis is performed with a general equilibrium model that reflects the structure of the USA biofuel market as the transition to advanced biofuels begins. Results suggest that ethanol consumption would increase, albeit slowly, if current biofuel deployment rates of about 10% are maintained as persistently lower oil prices lead to a gradual increase in the consumption of liquid transportation fuels. Without the blend wall constraint, this study finds that the overall economic impact of a full implementation of the USA RFS2 policy is largely neutral before 2022. However, the economic impacts become slightly negative under the blend wall constraint since more expensive bio-hydrocarbons are needed to meet the RFS2 mandates. Results for a scenario with reduced advanced biofuel deployment based on current policy plans show near neutral economic impacts up to 2027. This scenario is also consistent with another scenario where the volume of bio-hydrocarbons deployed is reduced to adjust for its higher cost and energy content relative to deploying the mandated RFS2 advanced biofuel volumes as ethanol. The important role of technological change is demonstrated under pioneer and accelerated technology scenarios, with the latter leading to neutral or positive economic effects up to 2023 under most blend wall scenarios. All scenarios evaluated in this study are found to have positive long-term benefits for the USA economy.

  18. Present market for nuclear energy

    International Nuclear Information System (INIS)

    Marzo, M.A.S.

    1987-01-01

    The present market for nuclear energy is present since nuclear production and electric power generation to the utilization of radioisotopes in medicine and biology. Some data about the main world suppliers to this market are shown. (E.G.) [pt

  19. Energy is not Coffee. An assessment of blind spots on energy spot-markets

    International Nuclear Information System (INIS)

    Jepma, C.J.; Spijker, E.; Van der Gaast, W.; De Jong, F.; Overmars, P.

    2006-01-01

    This study was to be the first in a series of studies on the title subject. It specifically focuses on the differences and similarities with a number of other spot-markets and aims to frame the energy spot markets and their potential development into a broader perspective. Main conclusion is that energy spot-markets differ from several other physical and non-physical spot-markets in many ways. This implies that 'perfect' energy spot-markets may inherently be (much) less perfect than other spot-markets that have approximated the stage of theoretical perfection

  20. Nuclear energy in the increasingly deregulated brazilian energy market

    International Nuclear Information System (INIS)

    Mathias, Sergio G

    2003-01-01

    The Brazilian Electric Energy Market is presently undergoing an institutional transition from a strictly regulated to a commercially competitive market, due to be completed by January, 2006. The operation and maintenance costs of the two presently existing Brazilian nuclear power plants allow them to be economically competitive with other types of plants for meeting the load demand in the country. The commercialization of the energy produced by the two existing nuclear power plants must cope with the impact of the new market rules, which establish that power purchase contracts must be freely negotiated between generating and distributing companies. The projected costs for the construction and operation of a third NPP also indicate that it may be economically feasible under the new market rules (author)

  1. Electricity market auction settings in a future Danish electricity system with a high penetration of renewable energy sources - A comparison of marginal pricing and pay-as-bid

    International Nuclear Information System (INIS)

    Nielsen, Steffen; Sorknaes, Peter; Ostergaard, Poul Alberg

    2011-01-01

    The long-term goal for Danish energy policy is to be free of fossil fuels through the increasing use of renewable energy sources (RES) including fluctuating renewable electricity (FRE). The Danish electricity market is part of the Nordic power exchange, which uses a Marginal Price auction system (MPS) for the day-ahead auctions. The market price is thus equal to the bidding price of the most expensive auction winning unit. In the MPS, the FRE bid at prices of or close to zero resulting in reduced market prices during hours of FRE production. In turn, this reduces the FRE sources' income from market sales. As more FRE is implemented, this effect will only become greater, thereby reducing the income for FRE producers. Other auction settings could potentially help to reduce this problem. One candidate is the pay-as-bid auction setting (PAB), where winning units are paid their own bidding price. This article investigates the two auction settings, to find whether a change of auction setting would provide a more suitable frame for large shares of FRE. This has been done with two energy system scenarios with different shares of FRE. From the analysis, it is found that MPS is generally better for the FRE sources. The result is, however, very sensitive to the base assumptions used for the calculations. -- Highlights: → In this study two different auction settings for the Danish electricity market are compared. → Two scenarios are used in the analyses, one representing the present system and one representing a future 100% renewable energy system. → We find that marginal price auction system is most suitable for supporting fluctuating renewable energy in both scenarios. → The results are very sensitive to the assumptions about bidding prices for each technology.

  2. Investigating 100% renewable energy supply at regional level using scenario analysis

    Directory of Open Access Journals (Sweden)

    Annicka Waenn

    2016-06-01

    Full Text Available Energy modelling work in Ireland to date has mainly taken place at a national level. A regional modelling approach is necessary however, for Ireland to reach the ambitious targets for renewable energy and emissions reduction. This paper explores the usefulness of the energy modelling tool EnergyPLAN in investigating the energy system of the South West Region of Ireland. This paper estimates a 10.5% current renewable energy share of energy use, with 40% renewable electricity. We build and assess a reference scenario and three renewable energy scenarios from a technological and resources perspective. The results show that sufficient resources are available for the South West Region energy system to become 100% renewable and quantifies the land-use implications. Moreover, EnergyPLAN can be a useful tool in exploring different technical solutions. However, thorough investigations of as many alternatives as possible, is necessary before major investments are made in a future energy system.

  3. Wind energy in China. Current scenario and future perspectives

    International Nuclear Information System (INIS)

    Changliang, Xia; Zhanfeng, Song

    2009-01-01

    Wind power in China registered a record level of expansion recently, and has doubled its total capacity every year since 2004. Many experts believe that China will be central to the future of the global wind energy market. Consequently, the growth pattern of wind power in China may be crucial to the further development of the global wind market. This paper firstly presented an overview of wind energy potential in China and reviewed the national wind power development course in detail. Based on the installed wind capacity in China over the past 18 years and the technical potential of wind energy resources, the growth pattern was modeled in this study for the purpose of prospect analysis, in order to obtain projections concerning the development potential. The future perspectives of wind energy development in China are predicted and analyzed. This study provides a comprehensive overview of the current status of wind power in China and some insights into the prospects of China's wind power market, which is emerging as a new superpower in the global wind industry. (author)

  4. 77 FR 20375 - Application to Export Electric Energy; Rainbow Energy Marketing Corporation

    Science.gov (United States)

    2012-04-04

    ... Rainbow to transmit electric energy from the United States to Canada as a power marketer for a two-year... is a power marketer authorized by the Federal Energy Regulatory Commission to sell energy, capacity...

  5. Hawaii Energy Strategy Project 2: Fossil Energy Review. Task IV. Scenario development and analysis

    Energy Technology Data Exchange (ETDEWEB)

    Yamaguchi, N.D.; Breazeale, K. [ed.

    1993-12-01

    The Hawaii Energy Strategy (HES) Program is a seven-project effort led by the State of Hawaii Department of Business, Economic Development & Tourism (DBEDT) to investigate a wide spectrum of Hawaii energy issues. The East-West Center`s Program on Resources: Energy and Minerals, has been assigned HES Project 2, Fossil Energy Review, which focuses on fossil energy use in Hawaii and the greater regional and global markets. HES Project 2 has four parts: Task I (World and Regional Fossil Energy Dynamics) covers petroleum, natural gas, and coal in global and regional contexts, along with a discussion of energy and the environment. Task II (Fossil Energy in Hawaii) focuses more closely on fossil energy use in Hawaii: current utilization and trends, the structure of imports, possible future sources of supply, fuel substitutability, and energy security. Task III`s emphasis is Greenfield Options; that is, fossil energy sources not yet used in Hawaii. This task is divided into two sections: first, an in-depth {open_quotes}Assessment of Coal Technology Options and Implications for the State of Hawaii,{close_quotes} along with a spreadsheet analysis model, which was subcontracted to the Environmental Assessment and Information Sciences Division of Argonne National Laboratory; and second, a chapter on liquefied natural gas (LNG) in the Asia-Pacific market and the issues surrounding possible introduction of LNG into the Hawaii market.

  6. 75 FR 78980 - Application to Export Electric Energy; Direct Energy Marketing, Inc.

    Science.gov (United States)

    2010-12-17

    ... Marketing, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of Application. SUMMARY: Direct Energy Marketing, Inc. (DEMI) has applied to renew its authority to transmit..., Federal power marketing agencies, and other entities within the United States. The existing international...

  7. The use of nuclear energy between the market place and public debate - 1989 nuclear energy annual conference in Duesseldorf

    International Nuclear Information System (INIS)

    Lehmann, W.M.

    1989-01-01

    The Kerntechnische Gesellschaft e.V. and the Deutsches Atomforum e.V. jointly organized the traditional annual conference 'Nuclear Technology' in the Duesseldorf Messe-Congress-Center from 9th to 11th May, 1989. It took place at a time which is characterized by unbroken uncertainty about the future of the THTR, the Wackersdorf reprocessing plant, the significance of scenarios for abandoning nuclear energy and about the economic effects of the European Single Market which will become effective by 1992. Numerous papers and discussions reflected the yet unsolved problem of acceptance. (orig.) [de

  8. Polish model of electric energy market-bulk energy tariff

    International Nuclear Information System (INIS)

    Malysa, H.

    1994-01-01

    The key problem of electric energy supply industry reform is gradually launching a competitive wholesale generation market since 1994. In process of this transformation the important role plays bulk energy supply tariff in electricity transactions between Polish Power Grid Company and distribution and retail supply companies (distributors). Premises, factors and constrains having influence on shaping of the bulk energy supply tariff are presented. A brief outline of economic foundation for calculation of demand charges and energy rate is given. Particular attention has been paid to description of bulk energy supply tariff structure. The scope and manner of adjustment of this tariff to circumstances and constrains in the initial stage of the wholesale electric energy market have been described as well. (author). 8 refs

  9. MARKETING MIX IN OLTENIA ENERGY COMPLEX

    Directory of Open Access Journals (Sweden)

    Păunescu Alberto Nicolae

    2012-12-01

    Full Text Available Electricity generation in Romania it’s realized in percentage 30 % in OLTENIA ENERGY COMPLEX. This is the biggest producer of energy, end coal in the country. Therefore Marketing mix is very important to ensure that the company grows. The final objective is that the volume of sales, market share and growth.

  10. Italian energy scenarios comparative evaluations; Scenari energetici italiani a confronto

    Energy Technology Data Exchange (ETDEWEB)

    Contaldi, Mario [Agenzia per la Protezione dell' Ambiente e per i Servizi Tecnici-APAT, Roma (Italy)

    2005-09-15

    This paper reviews some representative scenarios of the evolution of the Italian primary energy consumption, updated recently. After an overview of the main macroeconomics assumptions the scenario results are cross checked at sectorial level, with a brief discussion of the underlining data and energy intensity trends. The emissions of CO{sub 2}, SO{sub 2} and NO{sub x} resulting from the considered scenarios are also reported and discussed. [Italian] Questo articolo riporta alcuni dei piu rappresentativi ed aggiornati scenari di evoluzione dei consumi energetici primari italiani. Dopo un esame delle principali variabili macroeconomiche i risultati degli scenari sono esaminati a livello di settore, con una breve discussione delle principali variabili utilizzate. Infine sono state anche esaminate le emissioni di CO{sub 2}, SO{sub 2} e NO{sub x} risultanti dai diversi scenari e le possibili conseguenze sul piano normativo.

  11. The United States and world energy markets

    International Nuclear Information System (INIS)

    Ramsay, W.C.

    1992-01-01

    The United States, dominating the world's energy markets as a producer and consumer, is sensitive to changes in this market and intends to influence the development of global energy policy. Supply will be increased by nations such as Venezuela, Indonesia and perhaps in the future a United Yemen and the Commonwealth of Independent States, moving to freer market economies which will allow investment opportunities previously inaccessible to foreign companies. Although world energy demand will grow, little of this will be in the US where, under the National Energy Strategy, comprehensive measures are being introduced to improve energy efficiency. The US energy security will be further improved by such measures as diversification of supply, larger domestic production and increasing interdependence between suppliers, traders and consumers. (author)

  12. Energy price forecast by market analysis

    International Nuclear Information System (INIS)

    Jongepier, A.G.

    2000-01-01

    A power trader benefits from accurate price predictions. Based on market analyses, KEMA Connect has developed - in cooperation with Essent Energy Trading - a market model, enhancing the insight into market operation and one's own actions and thus resulting in accurate price predictions

  13. The energy supply of China. Markets and policies

    International Nuclear Information System (INIS)

    Noel, P.; Meidan, M.

    2005-07-01

    China is a great part of the energy world economy. In 2003 and 2004, the chinese economic growth had a direct impact on the world energy markets: it is a main factor of the great world economic demand growth and the energy prices increase. In the other hand this growth generates new investment of energy offer in the world. The author details the China energy policy and its efficiency quest, the insertion in the gas markets and the petroleum market facing the chinese energy security. (A.L.B.)

  14. Energy market reform and greenhouse gas emission reductions

    International Nuclear Information System (INIS)

    Anon.

    1999-01-01

    The report reviews micro-economic reform in the energy market and measures the impact that energy market reform is expected to have on greenhouse gas outcomes. It indicates that reform in the electricity and gas industries is delivering what was promised, an efficient market with lower energy prices and, over the longer term, will deliver a gradually reducing rate of greenhouse gas emissions per unit of energy produced. It also recognises that energy market reform has removed some barriers to the entry of less greenhouse gas intense fuels. These trends will result in reduced greenhouse gas intensity in the supply of energy and significant reductions in the growth in greenhouse gas emissions compared to what may have been expected without the reforms

  15. U.S. energy outlook and future energy impacts

    Science.gov (United States)

    Hamburger, Randolph John

    2011-12-01

    Energy markets were not immune to the 2007 financial crisis. Growth in the Indian and Chinese economies is placing strains on global energy supplies that could force a repeat of the 2008 price spike of $145/bbl for crude oil. Emerging market growth coupled with inefficiencies, frictions, and speculation in the energy markets has the potential to create drastic economic shocks throughout the world. The 2007 economic crisis has pushed back investment in energy projects where a low-growth scenario in world GDP could create drastic price increases in world energy prices. Without a long-term energy supply plan, the U.S. is destined to see growth reduced and its trade imbalances continue to deteriorate with increasing energy costs. Analysis of the U.S. natural gas futures markets and the impact of financial speculation on natural gas market pricing determined that financial speculation adds to price movements in the energy markets, which could cause violent swings in energy prices.

  16. Four essays on market power in energy economics

    Energy Technology Data Exchange (ETDEWEB)

    Hansen, Petter Vegard

    2008-07-01

    Market power in energy markets is discussed intensively in both academic and public arenas. There has been an intense energy debate on market power at least since the Organization of Petroleum Exporting Countries (OPEC) exercised its market power and caused the 'oil crisis' of the 1970s, and again following the deregulation of electricity markets at the beginning of the 1990s. However, this debate is not new. In 1911, for example, the US Supreme Court divided Standard Oil into 34 separate companies using antitrust law. With increasing energy prices and the ongoing process of liberalization of electricity markets throughout the world, the topic is still relevant for future markets. The four essays in this dissertation discuss specific aspects of market power in energy markets. The first essay concerns the crude oil market, and the remaining three essays relate to market power in the Nordic and Norwegian electricity markets. In the first essay, a multi-equation dynamic econometric model tests whether the behaviour of OPEC, as a whole or as different subgroups, is consistent with the behaviour of dominant producers in the world crude oil market. The second essay is a theoretical work that introduces uncertainty in inflow to the discussion of market power in hydropower markets by analysing the effects of uncertainty in inflow on market performance under alternative assumptions about market structure. In the third essay, high-frequency data are used to analyse how price signals from the spot market affect end-user demand in the Norwegian and Swedish electricity markets. Finally, in the fourth essay, retailer and household behaviour in the Norwegian electricity market are analysed using detailed information on prices and other market characteristics. In the following section, I provide highlights from a general discussion of market power in order to set the essays included in this dissertation in context. (Author). refs., figs., tabs

  17. A golden age or a false dawn? Energy efficiency in UK competitive energy markets

    International Nuclear Information System (INIS)

    Eyre, N.

    1998-01-01

    Liberalisation of energy markets may affect the prospects for energy efficiency in a variety of ways. Downward pressure on prices will reduce incentives for efficiency and the end of a supply monopoly makes more difficult mandating demand side management programmes. On the other hand, the removal of price controls could end some regulatory disincentives, and liberalisation enables suppliers to market energy efficiency bundled with energy units. The overall effects of liberalisation for energy efficiency are therefore complex. This paper focuses on the effects of liberalisation on those characteristics of energy markets which underpin long-term energy inefficiency. These barriers to energy efficiency have been shown to arise from fundamental features of traditional utility markets - notably centralisation, commoditization and the complexity of demand side investment. The extent to which these will be altered in liberalised markets in the UK is considered. It is concluded that some important market imperfections are not addressed by competition in the supply of energy commodities. However, more fundamental changes may in the longer term encourage more differentiation in supply markets, in which there could be higher priority for energy efficiency. The policy measures which might encourage the process are discussed. (author)

  18. The British Columbia natural gas market overview and assessment : an energy market assessment

    International Nuclear Information System (INIS)

    2004-04-01

    The National Energy Board monitors the supply of all energy commodities in Canada along with the demand for Canadian energy commodities in domestic and export markets. This report provides an assessment of the natural gas market in British Columbia (BC) and discusses several issues facing the market. The main challenges facing the market in recent years have been rising prices, price spikes and increased price volatility. New exploration and development projects have been announced along with new gas pipeline projects that move gas to eastern markets. Industrial consumers are exploring fuel alternatives to reduce natural gas consumption. Despite these challenges, the Board believes the natural gas market in British Columbia is working well. Natural gas prices are integrated with the North American market, consumers have responded to higher prices by reducing demand, and producers have increased exploration and production. Price discovery has improved due to better pricing reporting standards and access to electronic gas trading at pricing points for BC gas. The small market size in British Columbia and the lack of storage in the Lower Mainland limit market liquidity in comparison with other major market centres. 20 figs

  19. Portfolio diversification in energy markets

    International Nuclear Information System (INIS)

    Galvani, Valentina; Plourde, Andre

    2010-01-01

    This paper's results indicate that futures for crude oil, natural gas and unleaded gasoline fail to enhance the performance of representative energy stocks in terms of return to risk, but do decrease the overall level of risk exposure borne by passive equity investors. Our findings suggest that futures contracts on energy commodities are valuable to market participants with an interest in hedging against price fluctuations in energy markets by buy-and-hold strategies. However, this conclusion is reversed when one takes the perspective of traders whose core interests can be better approximated through the return to risk-bearing. In fact, this paper documents that return-to-risk maximizing agents are unlikely to profit from trading energy futures in addition to energy stocks. Moreover, futures for energy commodities fail to offer significant diversification gains with respect to energy stocks once investors adopt simple dynamic trading strategies that rely on readily available pricing information. (author)

  20. Portfolio diversification in energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Galvani, Valentina; Plourde, Andre [Department of Economics at the University of Alberta, Edmonton, AB (Canada)

    2010-03-15

    This paper's results indicate that futures for crude oil, natural gas and unleaded gasoline fail to enhance the performance of representative energy stocks in terms of return to risk, but do decrease the overall level of risk exposure borne by passive equity investors. Our findings suggest that futures contracts on energy commodities are valuable to market participants with an interest in hedging against price fluctuations in energy markets by buy-and-hold strategies. However, this conclusion is reversed when one takes the perspective of traders whose core interests can be better approximated through the return to risk-bearing. In fact, this paper documents that return-to-risk maximizing agents are unlikely to profit from trading energy futures in addition to energy stocks. Moreover, futures for energy commodities fail to offer significant diversification gains with respect to energy stocks once investors adopt simple dynamic trading strategies that rely on readily available pricing information. (author)

  1. A Transforming Electricity System: Understanding the Interactions Between Clean Energy Technologies, Markets, and Policies

    Science.gov (United States)

    Mooney, David

    The U.S. electricity system is currently undergoing a dramatic transformation. State-level renewable portfolio standards, abundant natural gas at low prices, and rapidly falling prices for wind and solar technologies are among the factors that have ushered in this transformation. With objective, rigorous, technology-neutral analysis, NREL aims to increase the understanding of energy policies, markets, resources, technologies, and infrastructure and their connections with economic, environmental, and security priorities. The results of these analyses are meant to inform R&D, policy, and investment decisions as energy-efficient and renewable energy technologies advance from concept to commercial application to market penetration. This talk will provide an overview of how NREL uses high-fidelity data, deep knowledge of energy technology cost and performance, and advanced models and tools to provide the information needed to ensure this transformation occurs economically, while maintaining system reliability. Examples will be explored and will include analysis of tax credit impacts on wind and solar deployment and power sector emissions, as well as analysis of power systems operations in the Eastern Interconnection under 30% wind and solar penetration scenarios. Invited speaker number 47185.

  2. Electricity Market Manipulation: How Behavioral Modeling Can Help Market Design

    Energy Technology Data Exchange (ETDEWEB)

    Gallo, Giulia [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2015-12-18

    The question of how to best design electricity markets to integrate variable and uncertain renewable energy resources is becoming increasingly important as more renewable energy is added to electric power systems. Current markets were designed based on a set of assumptions that are not always valid in scenarios of high penetrations of renewables. In a future where renewables might have a larger impact on market mechanisms as well as financial outcomes, there is a need for modeling tools and power system modeling software that can provide policy makers and industry actors with more realistic representations of wholesale markets. One option includes using agent-based modeling frameworks. This paper discusses how key elements of current and future wholesale power markets can be modeled using an agent-based approach and how this approach may become a useful paradigm that researchers can employ when studying and planning for power systems of the future.

  3. Solar energy enters the market

    International Nuclear Information System (INIS)

    Coehoorn, M.; Sinke, W.C.

    1995-11-01

    Everybody agrees that there is a bright future for solar energy. After two decades of research and development, the market introduction of solar hot water systems is now taking off. In several countries, including the Netherlands, preparations are also underway for the large-scale introduction of photovoltaic systems. Although the share of thermal and photovoltaic solar energy in the energy supply sector in the Netherlands is very small (0.1 PJ) there are signs of imminent change. According to the Follow-up Policy Document on Energy Conservation, the share of solar energy should increase to 7 PJ by the year 2010. After years of concentrating on research and development, it is now generally recognised that it is time to introduce these technologies onto the market in order to realize the long-term objectives. In this respect, thermal solar energy is ahead of photovoltaics. 4 ills

  4. The Maritimes natural gas market overview and assessment : an energy market assessment

    International Nuclear Information System (INIS)

    2003-06-01

    The National Energy Board continually monitors the supply of all energy commodities in Canada along with the demand for Canadian energy commodities in domestic and export markets. This report provides an assessment of the functioning of the natural gas market in the Maritimes and discusses several issues facing the market. The focus of the report is on the existing markets served by the Maritimes and Northeast Pipeline (M and NP) in Nova Scotia and New Brunswick. It also includes Prince Edward Island, another Maritime market that may be served by the pipeline before the end of the decade. Since the initiation of the Sable Offshore Energy (SOE) Project more than 3 years ago, pipeline facilities have been built off the mainline M and NP system to serve Halifax and Point Tupper in Nova Scotia, and Saint John, Moncton, and St. George in New Brunswick. Enbridge Gas New Brunswick has built distribution facilities in Fredericton and Oromocto, New Brunswick to serve large industrial, commercial and residential consumers. A distribution system has not been set up for residential or commercial customers in Nova Scotia. Approximately 20 per cent of the Scotian production is being consumed in the Maritimes, while 80 per cent of the gas produced from the SOE Project is being exported to the United States. Despite the high export, the Board is satisfied that the market is working to the benefit of Canadians because energy users in the Maritimes already have access to a variety of fuels at competitive prices. The Maritimes also benefited from the development of the natural gas industry and the export market has provided a large anchor market necessary for the development of offshore reserves. Domestic demand has also grown due to a pipeline system policy that has maintained low transportation rates to domestic users. The challenges facing the Maritimes gas market include the fact than many of the markets in the Maritimes are small, thereby reducing the economics of serving these

  5. Global climate-oriented building energy use scenarios

    International Nuclear Information System (INIS)

    Harvey, L.D. Danny

    2014-01-01

    This paper explores the extent to which global fuel use in buildings could be reduced, and the growth in global electricity use in buildings limited, by applying stringent (factor of 3–4) improvements to recent building codes for new buildings worldwide and large (factor of 2–3) reductions in the energy use of existing buildings through renovations. The analysis is carried out for 10 different socio-economic regions of the world, taking into account existing building stock and energy intensities in each region and projected changes in population and income, which in most parts of the world will drive large increases in building floor area. A stock turnover model is applied to project changes in heating, cooling, service hot water (SHW) and non-thermal electricity demand with various rates of improvement in standards for new and renovated buildings, and various rates of renovation and demolition of existing buildings. For a scenario in which population peaks at about 9 billion and global average per capita GDP increases to twice the 2010 value by 2100, the global fuel demand could be reduced by a factor of four while limiting maximum annual electricity demand to twice the 2010 value. - Highlights: • A detailed model for generating global scenarios of building energy use is presented. • Drivers of increasing energy use are population and per capita GDP in 10 regions. • Heating, cooling and ventilation energy uses are projected using a stock turnover model. • Global building fuel demand could decrease by 60–80% by 2100 relative to 2010. • Global building electricity demand could be limited to a 100–200% increase

  6. Wind energy. Market prospects to 2006

    International Nuclear Information System (INIS)

    Huckle, R.

    2002-01-01

    Renewable energy is becoming an increasingly significant source in the energy portfolio of most countries. Several sources of renewable energy are now being pursued commercially and wind energy is the most advanced in terms of installed electricity generation capacity. Of all types of renewable energy wind energy is the one with which there is the greatest experience - wind wheels and windmills have been used in various forms for hundreds of years. Chapter 1 is an introduction to the market study. Chapter 2 begins with a review of the wind energy industry. Topics included here are the case for wind energy (sustainability, security, non-polluting etc), market structure (the relationship between developers, operators, manufacturers, consortia etc) and environmental issues. This is followed by a discussion of the wind energy market for major countries in terms of installed wind power capacity. Within each country market there is an account of government policy, major wind energy programmes, major projects with information on developers and wind turbine manufacturers. A market analysis is given which includes an economic review, wind energy targets (where they exist) and forecasts to 2006. Chapter 3 is a review of wind turbine applications covering electricity generation for public supply networks, stand alone/community applications, water pumping and water desalination. Chapter 4 provides the basic principles of wind turbine operation and associated technologies. A brief account is given of the development of wind turbines and the main components such as the tower, rotor blades, gearbox, generator and electrical controls. Electricity generation and control are outlined and the challenge of electricity storage is also discussed. Meteorological factors (wind speed etc) and the move towards off-shore wind farms are also covered. Chapter 5 contains profiles of leading wind project developers and wind turbine manufacturers. A selection of existing and proposed wind farms

  7. Market in Germany. Renewable energy and energy conservation in the German construction industry

    International Nuclear Information System (INIS)

    2008-02-01

    This market survey for Germany is on the subject of renewable energy and energy efficient constructing and housing improvement. In order to meet sectoral or thematic information needs of Dutch exporting industries and investing companies, the EVD facilitates the realisation of up-to-date market surveys on promising markets in selected countries. The requested study is very relevant for the Dutch exporting industry, as the German building and construction market is of increasing importance to the Dutch building, installation and equipment building sector. Moreover the German market is a European innovator on renewable energy (RE) and energy efficient (EE) homes or even so-called 'passive' houses. The developments in the German market can guide the Dutch industry in the development of their export strategies. The main target groups for the market surveys are small- and medium-sized enterprises (SMEs) in the Netherlands. Interesting groups among these SMEs are those enterprises that start their business on a foreign market [nl

  8. Transport energy demand in Andorra. Assessing private car futures through sensitivity and scenario analysis

    International Nuclear Information System (INIS)

    Travesset-Baro, Oriol; Gallachóir, Brian P.Ó.; Jover, Eric; Rosas-Casals, Marti

    2016-01-01

    This paper presents a model which estimates current car fleet energy consumption in Andorra and forecasts such consumption as a reference scenario. The base-year model is built through a bottom-up methodology using vehicle registration and technical inspection data. The model forecasts energy consumption up to 2050, taking into account the fleet structure, the car survival profile, trends in activity of the various car categories, and the fuel price and income elasticities that affect car stock and total fleet activity. It provides an initial estimate of private car energy demand in Andorra and charts a baseline scenario that describes a hypothetical future based on historical trends. A local sensitivity analysis is conducted to determine the most sensitive input parameters and study the effect of its variability. In addition, the scenario analysis explores the most uncertain future aspects which can cause important variability in the results with respect to the Reference scenario and provides a broad estimate of potential energy savings related to different policy strategies. - Highlights: •A private car energy model is built using aggregated available data. •Andorra's current car fleet energy consumption is estimated and forecasted to 2050. •Potential energy savings have been estimated using sensitivity and scenario analysis.

  9. Multi-Criteria Analysis of Electricity Generation Scenarios for Sustainable Energy Planning in Pakistan

    Directory of Open Access Journals (Sweden)

    Nayyar Hussain Mirjat

    2018-03-01

    Full Text Available The now over a decade-long electricity crisis in Pakistan has adversely affected the socio-economic development of the country. This situation is mainly due to a lack of sustainable energy planning and policy formulation. In this context, energy models can be of great help but only a handful of such efforts have been undertaken in Pakistan. Two key shortcomings pertaining to energy models lead to their low utilization in developing countries. First, the models do not effectively make decisions, but rather provide a set of alternatives based on modeling parameters; and secondly, the complexity of these models is often poorly understood by the decision makers. As such, in this study, the Analytical Hierarchy Process (AHP methodology of Multi-Criteria Decision-Making (MCDM has been used for the sustainability assessment of energy modeling results for long-term electricity planning. The four scenario alternatives developed in the energy modeling effort, Reference (REF, Renewable Energy Technologies (RET, Clean Coal Maximum (CCM and Energy Efficiency and Conservation (EEC, have been ranked using the Expert Choice® tool based on the AHP methodology. The AHP decision support framework of this study revealed the EEC scenario as the most favorable electricity generation scenario followed by the REF, RET and CCM scenarios. Besides that, this study proposes policy recommendations to undertake integrated energy modeling and decision analysis for sustainable energy planning in Pakistan.

  10. Comparing recent uranium supply scenarios

    International Nuclear Information System (INIS)

    Arnold, N.; Gufler, K.

    2014-01-01

    For more than one decade – even after the Fukushima accidents - an increase in global nuclear energy generation capacity is widely expected. At the same time a variety of uranium supply scenarios were published by industry, academics or international organizations, drawing different pictures of future uranium supply. They were created with the background of a uranium market facing several challenges. First an excursion in the uranium market price, in 2007, then reduced nuclear growth expectations after 2011, at least in non-Asian countries, also implying considerable changes to the supply side. For this publication a meta-study was carried out identifying, evaluating and comparing different recent scenarios on the availability of uranium. While there are some differences in the frame conditions (e.g. the expected uranium demand, the time fame, the considered mining projects,..), there are also notable similarities in these scenarios. This concerns long lead times for mine openings as well as the dependence on large mining projects (e.g. Olympic Dam, Cigar Lake). Generally, a decline in production in about 10 years is assumed, and thus the necessity of the timely development of mining projects is pointed out. In addition the omission of uranium from Russian nuclear weapons and the chances of keeping the changes in secondary supplies in balance with primary production have been widely discussed. Here, the production growth in Kazakhstan but also the role of the current market situation are central aspects. As another aspect the possible contribution from unconventional resources is of interest, particularly against the background of rising production costs for conventional resources. Finally, it shall be reflected how well older scenarios were able to map the reality and which trends could or could not be anticipated. It is relevant to identify which aspects in the development of mining capacities are essential for security of supply, and can therefore be regarded

  11. Energy in transition. Between regulation and market

    International Nuclear Information System (INIS)

    Horzetzky, Guenther

    2016-01-01

    Actually, the energy industry is affected in a changing market environment. The expansion of the renewables led to a share of about 30 % of the German electricity production and is always rising. The renewables energy levy has reached a level of 6.35 Euro Cents per kWh, which is actually a high level. Investments in new power plants are stopped due to low market electricity prices. The market pressure on the utilities is high and their business models have to be scrutinised. The NRW state government supports the magic political triangle of a secure, affordable and environmentally friendly energy supply. Instead of further interventions we have to develop our existing energy system cautiously. Anything else would not meet the requirements for invests in the energy supply and the magic triangle of energy politics.

  12. Scenarios of application of energy certification procedure for residential buildings in Lebanon

    International Nuclear Information System (INIS)

    Cantin, R.; Mourtada, A.; Guarracino, G.; Adra, N.; Nasser, M.; Maamari, F.

    2007-01-01

    This paper describes the results of a French-Lebanese scientific cooperation, between 2001 and 2005, about 'Rational use of energy in the residential buildings in Lebanon and adaptation of an energy certification procedure'. The aim of this project is to promote the energy efficiency in the existing residential buildings in Lebanon, using an energy certification procedure, and to evaluate the energy certification foresight with prospective methods. The paper first describes an energy investigation in Lebanese residential buildings, and the energy certification procedure. It presents the foresight methodology implemented to identify the key variables and the actors. Finally, the paper exposes the morphological method which allows to elaborate three scenarios of energy performance certification. These scenarios are presented in order to provide a decision making for the actors of the Lebanese energy policy

  13. Integrated modelling of economic-energy-environment scenarios - The impact of China and India's economic growth on energy use and CO2 emissions

    International Nuclear Information System (INIS)

    Roques, F.; Sassi, O.; Guivarch, C.; Waisman, H.; Crassous, R.; Hourcade, J.Ch.

    2009-03-01

    A hybrid framework coupling the bottom-up energy sector WEM model with the top-down general equilibrium model IMACLIM-R is implemented to capture the macro-economic feedbacks of Chinese and Indian economic growth on energy and emissions scenarios. The iterative coupling procedure captures the detailed representation of energy use and supply while ensuring the micro-economic and macro-economic consistency of the different scenarios studied. The dual representation of the hybrid model facilitates the incorporation of energy sector expertise in internally consistent scenarios. The paper describes how the hybrid model was used to assess the effect of uncertainty on economic growth in China and India in the energy and emissions scenarios of the International Energy Agency. (authors)

  14. Multicriteria Selection of Optimal Location of TCSC in a Competitive Energy Market

    Science.gov (United States)

    Alomoush, Muwaffaq I.

    2010-05-01

    The paper investigates selection of the best location of thyristor-controlled series compensator (TCSC) in a transmission system from many candidate locations in a competitive energy market such that the TCSC causes a net valuable impact on congestion management outcome, transmission utilization, transmission losses, voltage stability, degree of fulfillment of spot market contracts, and system security. The problem is treated as a multicriteria decision-making process such that the candidate locations of TCSC are the alternatives and the conflicting objectives are the outcomes of the dispatch process, which may have different importance weights. The paper proposes some performance indices that the dispatch decision-making entity can use to measure market dispatch outcomes of each alternative. Based on agreed-upon preferences, the measures presented may help the decision maker compare and rank dispatch scenarios to ultimately decide which location is the optimal one. To solve the multicriteria decision, we use the preference ranking organization method for enrichment evaluations (PROMETHEE), which is a multicriteria decision support method that can handle complex conflicting-objective decision-making processes.

  15. Renewable energy investment: Policy and market impacts

    International Nuclear Information System (INIS)

    Reuter, Wolf Heinrich; Szolgayová, Jana; Fuss, Sabine; Obersteiner, Michael

    2012-01-01

    Highlights: ► Feedback of decisions to the market: large companies can have an impact on prices in the market. ► Multiple uncertainties: analysis of uncertainties emanating from both markets and environment. ► Policy analysis: impact of uncertainty about the durability of feed-in tariffs. -- Abstract: The liberalization of electricity markets in recent years has enhanced competition among power-generating firms facing uncertain decisions of competitors and thus uncertain prices. At the same time, promoting renewable energy has been a key ingredient in energy policy seeking to de-carbonize the energy mix. Public incentives for companies to invest in renewable technologies range from feed-in tariffs, to investment subsidies, tax credits, portfolio requirements and certificate systems. We use a real options model in discrete time with lumpy multiple investments to analyze the decisions of an electricity producer to invest into new power generating capacity, to select the type of technology and to optimize its operation under price uncertainty and with market effects. We account for both the specific characteristics of renewables and the market effects of investment decisions. The prices are determined endogenously by the supply of electricity in the market and by exogenous electricity price uncertainty. The framework is used to analyze energy policy, as well as the reaction of producers to uncertainty in the political and regulatory framework. In this way, we are able to compare different policies to foster investment into renewables and analyze their impacts on the market.

  16. Energy in Western Europe until 2020: Proper interpretation of the scenarios

    International Nuclear Information System (INIS)

    Alba, P.; Hartmann, J.

    1993-01-01

    The authors explain the political, methodological and economic underpinnings of the Report for Western Europe written for the World Energy Council's Energy for the World of Tomorrow in the perspective of the year 2020. The constraints and considerations analyzed constitute a natural and unavoidable framework for all possible changes in energy uses, and for evaluating the various possible strategies. Then addressing the strategic variables, the authors show that, when these variables are compared with the general framework, certain scenarios become incompatible with the expressed goals, and others exhibit their own internal inconsistencies. But this also reveals a certain degree of freedom. This leads to an energy scenario that satisfies environmental desiderata as well as supply reliability, without relying too heavily on a given technological solution. 3 tabs

  17. What is the optimum social marketing mix to market energy conservation behaviour: an empirical study.

    Science.gov (United States)

    Sheau-Ting, Low; Mohammed, Abdul Hakim; Weng-Wai, Choong

    2013-12-15

    This study attempts to identify the optimum social marketing mix for marketing energy conservation behaviour to students in Malaysian universities. A total of 2000 students from 5 major Malaysian universities were invited to provide their preferred social marketing mix. A choice-based conjoint analysis identified a mix of five social marketing attributes to promote energy conservation behaviour; the mix is comprised of the attributes of Product, Price, Place, Promotion, and Post-purchase Maintenance. Each attribute of the mix is associated with a list of strategies. The Product and Post-purchase Maintenance attributes were identified by students as the highest priority attributes in the social marketing mix for energy conservation behaviour marketing, with shares of 27.12% and 27.02%, respectively. The least preferred attribute in the mix is Promotion, with a share of 11.59%. This study proposes an optimal social marketing mix to university management when making decisions about marketing energy conservation behaviour to students, who are the primary energy consumers in the campus. Additionally, this study will assist university management to efficiently allocate scarce resources in fulfilling its social responsibility and to overcome marketing shortcomings by selecting the right marketing mix. Copyright © 2013 Elsevier Ltd. All rights reserved.

  18. The single European energy market: the electricity supply sector

    International Nuclear Information System (INIS)

    Halliwell, A.A.

    1991-01-01

    The completion of the Internal Market in the Community by the end of 1992 has become a key objective and the focal point of the revival of the European Community. Within this overall objective, the development of the Single European Energy Market, the Internal Energy market, is a major element. The energy objectives for the Community, adopted in 1986 by the Council of Ministers and relating to targets in the energy sector to be achieved by 1995, contain what are effectively the aims of the Internal Energy Market. This is in a reference to the need for greater integration, free from barriers to trade, of the Internal Energy Market with a view to improving security of supply, reducing costs and improving economic competitiveness. In the light of these aims, the Commission drew up, in 1988, an inventory of potential obstacles to the achievement of the Internal Energy Market. This was accepted by the Council, together with a list of suggested priority areas of work, and has formed the basis of the Commission's efforts to move forward as quickly as possible in the development of the Internal Energy Market, in all branches of the energy sector. The impact on the electricity sector, in particular, is considered here. (author)

  19. Renewable energy technology portfolio planning with scenario analysis: A case study for Taiwan

    International Nuclear Information System (INIS)

    Chen, T.-Y.; Yu, Oliver S.; Hsu, George Jyh-yih; Hsu, Fang-Ming; Sung, W.-N.

    2009-01-01

    This paper presents the results of a case study of applying a systematic and proven process of technology portfolio planning with the use of scenario analysis to renewable energy developments in Taiwan. The planning process starts with decision values of technology development based on a survey of society leaders. It then generates, based on expert opinions and literature search, a set of major technology alternatives, which in this study include: wind energy, photovoltaic, bio-energy, solar thermal power, ocean energy, and geothermal energy. Through a committee of technical experts with diversified professional backgrounds, the process in this study next constructs three scenarios ('Season in the Sun', 'More Desire than Energy', and 'Castle in the Air') to encompass future uncertainties in the relationships between the technology alternatives and the decision values. Finally, through a second committee of professionals, the process assesses the importance and risks of these alternative technologies and develops a general strategic plan for the renewable energy technology portfolio that is responsive and robust for the future scenarios. The most important contributions of this paper are the clear description of the systematic process of technology portfolio planning and scenario analysis, the detailed demonstration of their application through a case study on the renewable energy development in Taiwan, and the valuable results and insights gained from the application.

  20. Experimental validation of a real time energy management system for microgrids in islanded mode using a local day-ahead electricity market and MINLP

    International Nuclear Information System (INIS)

    Marzband, Mousa; Sumper, Andreas; Domínguez-García, José Luis; Gumara-Ferret, Ramon

    2013-01-01

    Highlights: • An algorithm is developed to enhance Microgrid performance. • Local energy market cost model is proposed to obtain the cheapest price. • Several real technical and market scenarios are considered in the study. • Simulation and experimental results demonstrate a significant reduction in cost. - Abstract: Energy management systems (EMS) are vital supervisory control tools used to optimally operate and schedule Microgrids (MG). In this paper, an EMS algorithm based on mixed-integer nonlinear programming (MINLP) is presented for MG in islanding mode considering different scenarios. A local energy market (LEM) is also proposed with in this EMS to obtain the cheapest price, maximizing the utilization of distributed energy resources. The proposed energy management is based on LEM and allows scheduling the MG generation with minimum information shared sent by generation units. Load demand management is carried out by demand response concept to improve reliability and efficiency as well as to reduce the total cost of energy (COE). Simulations are performed with real data to test the performance and accuracy of the proposed algorithm. The proposed algorithm is experimentally tested to evaluate processing speed as well as to validate the results obtained from the simulation setup on a real MG Testbed. The results of the EMS–MINLP based on LEM are compared with a conventional EMS based on LEM. Simulation and experimental results show the effectiveness of the proposed algorithm which provides a reduction of 15% in COE, in comparison with conventional EMS

  1. Emerging Markets for Renewable Energy Certificates: Opportunities and Challenges

    Energy Technology Data Exchange (ETDEWEB)

    Holt, E.; Bird, L.

    2005-01-01

    Renewable energy certificates (RECs) represent the attributes of electricity generated from renewable energy sources. These attributes are unbundled from the physical electricity, and the two products-the attributes embodied in the certificates and the commodity electricity-may be sold or traded separately. RECs are quickly becoming the currency of renewable energy markets because of their flexibility and the fact that they are not subject to the geographic and physical limitations of commodity electricity. RECs are currently used by utilities and marketers to supply renewable energy products to end-use customers as well as to demonstrate compliance with regulatory requirements, such as renewable energy mandates. The purpose of this report is to describe and analyze the emerging market for renewable energy certificates. It describes how RECs are marketed, examines RECs markets including scope and prices, and identifies and describes the key challenges facing the growth and success of RECs markets.

  2. Africa energy future: Alternative scenarios and their implications for sustainable development strategies

    International Nuclear Information System (INIS)

    Ouedraogo, Nadia S.

    2017-01-01

    The long-term forecasting of energy supply and demand is of prime importance in Africa due to the steady increase in energy requirements, the non-availability of sufficient resources, the high dependence on fossil-fuels to meet these requirements, and the global concerns over the energy-induced environmental issues. This paper is concerned with modelling possible future paths for Africa's energy future and the related emissions. Future energy demand is forecasted based on socio-economic variables such as gross domestic product, income per capita, population, and urbanisation. The Long-range Energy Alternative Planning System (LEAP) modelling framework is employed to analyse and project energy demand and the related emissions under alternative strategies for the period of 2010–2040. Results of scenarios including business-as-usual (BAU) policies, moderate energy access and accelerate energy access policies, renewable energies promotion and energy efficiency policies and their environmental implications are provided. The study provides some policy insights and identifies synergies and trade-offs relating to the potential for energy policies to promote universal energy access, enable a transition to renewable energy, and mitigate climate change for a sustainable development. - Highlights: • Possible future paths for Africa's energy future and the related emissions are modelled. • Scenarios using an adaptation of Schwartz's scenario approach, under LEAP are developed. • Under the current energy policies, the universal access to modern energy will not be met by 2030. • Policies to accelerate the changes in energy structure are required for sustainable development. • Investing in Energy efficient strategies has emerged as one of the best solution.

  3. 75 FR 35017 - Brookfield Energy Marketing LP; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2010-06-21

    ... Energy Marketing LP; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... proceeding of Brookfield Energy Marketing LP's application for market-based rate authority, with an... protests and interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov . To...

  4. Municipal energy and climate policy in a liberalized energy market

    International Nuclear Information System (INIS)

    Burger, H.

    2001-05-01

    Due to the ongoing process of liberalisation, Dutch municipal energy policy is undergoing significant changes. The probable privatisation of energy companies, the change from what used to be 'their' local energy company to what will become an energy company, results in a need for local administrations to build up energy knowledge, end-use information and financial resources that 'their' energy companies used to share but, because of operating in a competitive market, are now more reluctant to do so. On the other hand offers privatisation and the selling of shares the possibility for some local governments to collect a significant sum of money which can be addressed to energy policy. This process of growing responsibility of local administrations for their own energy policy coincides with the structural change of the nature of the energy supply in the Netherlands. The change towards a more decentralised energy supply results in more energy systems (e.g. PV and wind) coming under the influence of local regulations. Municipal governments will have to act more like actors in a complex policy network, playing different roles at different times in different situations, often stimulating and regulating at the same time. The growing popularity of platforms like energy agencies, bringing together parties like the local government, energy companies and commercial- and housing associations are examples hereof. In this report, another new role for local governments resulting from the liberalisation process is highlighted: the role of energy consumer. It is estimated that the aggregated electricity demand resulting from activities under direct municipal responsibility (e.g. municipal dwellings, traffic lights, public lighting) amounts to a fairly large share of the market. Due to the public interests vested in the local administrations, it is expected that an important part of this demand is demand for green electricity. Also, local governments can use the energy markets to act

  5. Risk premia in energy markets

    DEFF Research Database (Denmark)

    Veraart, Almut E.D.; Veraart, Luitgard A.M.

    Risk premia between spot and forward prices play a key role in energy markets. This paper derives analytic expressions for such risk premia when spot prices are modelled by Lévy semistationary processes. While the relation between spot and forward prices can be derived using classical no......-arbitrage arguments as long as the underlying commodities are storable, the situation changes in the case of electricity. Hence, in an empirical study based on electricity spot prices and futures from the European Energy Exchange market, we investigate the empirical behaviour of electricity risk premia from...

  6. A comparison of the newest scenarios for energy supply in Switzerland and their results

    International Nuclear Information System (INIS)

    Schucan, T.H.

    1984-09-01

    The author defines an energy scenario and considers several such scenarios for Switzerland. A presentation of perspectives is given, followed by an analysis of the scenario. Remarks are made on the energy economy and on the environmental loading (specific emissions for heat pumps and block heat power stations, total emission for the year 2020 and radiation loading for people and plants in Switzerland). (A.N.K.)

  7. Particle Reduction Strategies - PAREST. Energy scenarios for PAREST. Sub-report

    International Nuclear Information System (INIS)

    Joerss, Wolfram; Degel, Melanie

    2013-01-01

    In the research project PAREST emission scenarios to 2020 for particulate matter (PM 10 und PM 2,5 ), and aerosol precursors SO 2 , NO x , NH 3 and NMVOC were prepared for Germany and Europe, mitigation measures evaluated and the results used to model the PM pollution load for Germany. In this part of the report to PAREST energy scenarios used for PAREST are presented. [de

  8. Renewable energy: past trends and future growth in 2 degrees scenarios

    NARCIS (Netherlands)

    Crijns-Graus, Wina

    2016-01-01

    This study explores past growth rates of renewable energy sources (1971-2012) and required future ones in 2 degrees scenarios. Results show that in spite of comparatively high growth of renewable energy in the period 2000-2012, the share of renewable energy in total energy use stayed the same (13%).

  9. Financing Renewable Energy in the European Energy Market

    Energy Technology Data Exchange (ETDEWEB)

    De Jager, D.; Klessmann, C.; Stricker, E.; Winkel, T.; De Visser, E.; Koper, M. [Ecofys, Utrecht (Netherlands); Ragwitz, M.; Held, A. [Fraunhofer ISI, Karlsruhe (Germany); Resch, G.; Busch, S.; Panzer, C. [Energy Economics Group EEG, Vienna University of Technology, Vienna (Austria); Gazzo, A.; Roulleau, T.; Gousseland, P.; Henriet, M.; Bouille, A. [Ernst and Young, London (United Kingdom)

    2011-01-15

    The Directive 2009/28/EC on the promotion of the use of energy from renewable sources (RES) sets the overall target to reach 20% renewable energy in gross final energy consumption in 2020. This target is broken down into binding individual Member State targets. Reaching these targets will require a huge mobilization of investments in renewable energies in the coming decade. In order to improve financing and coordination with a view to the achievement of the 20 % target, Article 23 (7) of the Directive requires the Commission to present an analysis and action plan with a view to: (a) The better use of structural funds and framework programmes; (b) The better and increased use of funds from the European Investment Bank and other public finance institutions; (c) Better access to risk capital; (d) The better coordination of Community and national funding and other forms of support; (e) The better coordination in support of renewable energy initiatives whose success depends on action by actors in several Member States. This report presents the results of the title project. The study provides an up to date and thorough assessment of the costs of renewable energy and the support and financing instruments available for renewable energy R and D, demonstration projects and large-scale deployment. This includes details of each Member State's expenditure (via grants, support schemes, loans etc.) and use of Community funds, including loans of the EIB (European Investment Bank) and the EBRD (European Bank for Reconstruction and Development). It also explores the possible instruments for use in the future and constraints in the capital market, which hinder the development of renewable energy. Finally, it develops recommendations for improving financing and support instruments, improving the sector's access to capital, and closing the financing gap for reaching the 2020 targets. The chapters of the report represent separate tasks: (1) Costs of renewable energy

  10. Experience 2030. Four scenarios for the energy sector

    International Nuclear Information System (INIS)

    Aarts, P.; Breunesse, L.; Duijm, K.; Van Empel, F.; Van Erp, J.; Van Huffelen, A.; Veenstra, J.; Visser, H.; Sicking, C.; Bloemendaal, R.

    2003-01-01

    In four days several experts in the field of energy participated in a brainstorm session to discuss the future and the consequences for our energy supply and demand, energy sources and technology. In this book four scenarios are presented: (1) Voluntary Simplicity, characterized by austerity and solidarity; (2) Hyper Individualism, characterized by competitive activities for as much prosperity as possible; (3) Haves and Have-nots, based on geopolitical instability and a strong technological development, resulting even beyond a wider gap between rich and poor; and (4) Tribal Society, dominated by fear, distrust and less prosperity [nl

  11. Wind offering in energy and reserve markets

    Science.gov (United States)

    Soares, T.; Pinson, P.; Morais, H.

    2016-09-01

    The increasing penetration of wind generation in power systems to fulfil the ambitious European targets will make wind power producers to play an even more important role in the future power system. Wind power producers are being incentivized to participate in reserve markets to increase their revenue, since currently wind turbine/farm technologies allow them to provide ancillary services. Thus, wind power producers are to develop offering strategies for participation in both energy and reserve markets, accounting for market rules, while ensuring optimal revenue. We consider a proportional offering strategy to optimally decide upon participation in both markets by maximizing expected revenue from day-ahead decisions while accounting for estimated regulation costs for failing to provide the services. An evaluation of considering the same proportional splitting of energy and reserve in both day- ahead and balancing market is performed. A set of numerical examples illustrate the behavior of such strategy. An important conclusion is that the optimal split of the available wind power between energy and reserve strongly depends upon prices and penalties on both market trading floors.

  12. Market potential for solar thermal energy supply systems in the United States industrial and commercial sectors: 1990--2030

    International Nuclear Information System (INIS)

    1991-12-01

    This report revises and extends previous work sponsored by the US DOE on the potential industrial market in the United States for solar thermal energy systems and presents a new analysis of the commercial sector market potential. Current and future industrial process heat demand and commercial water heating, space heating and space cooling end-use demands are estimated. The PC Industrial Model (PCIM) and the commercial modules of the Building Energy End-Use Model (BEEM) used by the DOE's Energy Information Administration (EIA) to support the recent National Energy Strategy (NES) analysis are used to forecast industrial and commercial end-use energy demand respectively. Energy demand is disaggregated by US Census region to account for geographic variation in solar insolation and regional variation in cost of alternative natural gas-fired energy sources. The industrial sector analysis also disaggregates demand by heat medium and temperature range to facilitate process end-use matching with appropriate solar thermal energy supply technologies. The commercial sector analysis disaggregates energy demand by three end uses: water heating, space heating, and space cooling. Generic conceptual designs are created for both industrial and commercial applications. Levelized energy costs (LEC) are calculated for industrial sector applications employing low temperature flat plate collectors for process water preheat; parabolic troughs for intermediate temperature process steam and direct heat industrial application; and parabolic dish technologies for high temperature, direct heat industrial applications. LEC are calculated for commercial sector applications employing parabolic trough technologies for low temperature water and space heating. Cost comparisons are made with natural gas-fired sources for both the industrial market and the commercial market assuming fuel price escalation consistent with NES reference case scenarios for industrial and commercial sector gas markets

  13. Dynamics of Aviation Biofuel Investment, Incentives, and Market Growth: An Exploration Using the Biomass Scenario Model

    Energy Technology Data Exchange (ETDEWEB)

    Vimmerstedt, Laura; Newes, Emily

    2016-10-25

    The Federal Aviation Administration promotes the development of an aviation biofuel market, and has pursued a goal of 1 billion gallons of production annually by 2018. Although this goal is unlikely to be met, this analysis applies the Biomass Scenario Model to explore conditions affecting market growth, and identifies policy incentive and oil price conditions under which this level of production might occur, and by what year. Numerous combinations of conditions that are more favorable than current conditions can reach the goal before 2030.

  14. Battery energy storage market feasibility study

    Energy Technology Data Exchange (ETDEWEB)

    Kraft, S. [Frost and Sullivan, Mountain View, CA (United States); Akhil, A. [Sandia National Labs., Albuquerque, NM (United States). Energy Storage Systems Analysis and Development Dept.

    1997-07-01

    Under the sponsorship of the Department of Energy`s Office of Utility Technologies, the Energy Storage Systems Analysis and Development Department at Sandia National Laboratories (SNL) contracted Frost and Sullivan to conduct a market feasibility study of energy storage systems. The study was designed specifically to quantify the energy storage market for utility applications. This study was based on the SNL Opportunities Analysis performed earlier. Many of the groups surveyed, which included electricity providers, battery energy storage vendors, regulators, consultants, and technology advocates, viewed energy storage as an important enabling technology to enable increased use of renewable energy and as a means to solve power quality and asset utilization issues. There are two versions of the document available, an expanded version (approximately 200 pages, SAND97-1275/2) and a short version (approximately 25 pages, SAND97-1275/1).

  15. An analysis of long-term scenarios for the transition to renewable energy in the Korean electricity sector

    International Nuclear Information System (INIS)

    Park, Nyun-Bae; Yun, Sun-Jin; Jeon, Eui-Chan

    2013-01-01

    This paper analyzes the energy, environmental and economic influences of three electricity scenarios in Korea by 2050 using the “Long-range Energy Alternatives Planning system” (LEAP) model. The reference year was 2008. Scenarios include the baseline (BL), new governmental policy (GP) and sustainable society (SS) scenarios. The growth rate of electricity demand in the GP scenario was higher than that of the BL scenario while the growth rate in the SS scenario was lower than that of the BL scenario. Greenhouse gas emissions from electricity generation in 2050 in the BL and GP scenarios were similar with current emissions. However, emissions in 2050 in the SS scenario were about 80% lower than emissions in 2008, because of the expansion of renewable electricity in spite of the phase-out of nuclear energy. While nuclear and coal-fired power plants accounted for most of the electricity generated in the BL and GP scenarios in 2050, the SS scenario projected that renewable energy would generate the most electricity in 2050. It was found that the discounted cumulative costs from 2009 to 2050 in the SS scenario would be 20 and 10% higher than that of the BL and GP scenarios, respectively. - Highlights: ► This paper analyzed three kinds of electricity scenarios in Korea by 2050 using LEAP model. Baseline and governmental policy scenarios focus on the electricity supply through nuclear expansion. ► Sustainable Society scenario focuses on demand management and renewable electricity. ► The latter improves energy security and reduces more GHG with the affordable cost.

  16. Renewable energies enter the stock market

    International Nuclear Information System (INIS)

    Boulanger, Vincent

    2016-01-01

    This article describes the new context created by the obligation for renewable energy installations to sell their electricity directly on the market. Thus, new practices and new actors appear like aggregators which belong to three categories: trading departments or subsidiary companies of national operators, trading departments or subsidiary companies of developers and producers of renewable energy, or independent market operators. The author describes the different cases in which renewable electricity producers will need aggregators (the mandatory purchase contract reaches its end, an additional income in the case of bidding or outside this case). The author also describes the role and responsibilities of aggregators, notably with respect to RTE. Such a market operation of course results in the taking of the electricity price on the stock market into account, and in the associated risks for aggregators

  17. EnerFuture Energy Scenarios to 2035 'Understanding our Energy Future'. Key graphs and analysis, Enerdata - Global Energy Forecasting - February 2014

    International Nuclear Information System (INIS)

    2014-01-01

    The EnerFuture service provides projections to 2035 of energy supply and demand across the world, powered by the POLES model, to help you with what to expect in the energy industry in the mid-term. Our energy forecasting team have developed three key energy scenarios (Balance, Emergence and Renaissance) to illustrate possible futures. Balance scenario: Balance provides an outlook of the energy system up to 2035 based on current policies and trends. Sustained growth of China and other emerging countries is a powerful driver of global energy demand, but confirmed energy policy commitments in several regions play a key role in controlling the pace of growth. However, non-coordinated policies result in soaring CO_2 emissions across the world and energy prices rise. Emergence scenario: This scenario explores the implications of more stringent climate policies, with more ambitious efforts on energy efficiency, initiatives to phase out fossil fuel subsidies and a real emergence of renewable technologies. Europe goes beyond its -20% targets by 2020, and the OECD and emerging countries meet their Copenhagen objectives. Following this, a new green deal is launched to reduce world emissions by a factor of 2 by 2050. Renaissance scenario: With strong efforts in the exploitation and production of unconventional oil and gas resources, the world encounters a fossil fuels renaissance with the appearance of new key actors and ultimately new geopolitical configurations changing the energy independence of several countries. For climate efforts, this new paradigm leads to progressively weaker policies. Further analysis and key findings are available here: - Increasing economic activity and wealth drives energy consumption, in a balance between energy prices and innovation; - As Non-OECD exceeds OECD oil demand, massive financial flows underlie the shifts in global oil trade; - Optimistic resource assumptions and moderate production costs would lead to an oil production Renaissance

  18. German energy market 2014; Deutscher Energiemarkt 2014

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, Hans-Wilhelm [World Energy Council, London (United Kingdom). World Energy Resources; Weltenergierat - Deutschland, Berlin (Germany). Arbeitsgruppe ' Energie fuer Deutschland'

    2015-03-15

    In 2014 the German government's primary goal of engaging German power suppliers to step up their production of renewable energy while speeding up energy efficiency improvement measures continued to dominate the debate. The present article provides an updated overview of the German energy market. Following on from last year's edition it gives a condensed synopsis of key indicators of the energy economy. Besides summarising general facts about the energy mix it goes into detail about the following individual energy resources: crude oil, natural gas, brown coal, hard coal, nuclear energy and renewable energies. It also explains current price trends in both the international and domestic markets.

  19. Market penetration rates of new energy technologies

    International Nuclear Information System (INIS)

    Lund, Peter

    2006-01-01

    The market penetration rates of 11 different new energy technologies were studied covering energy production and end-use technologies. The penetration rates were determined by fitting observed market data to an epidemical diffusion model. The analyses show that the exponential penetration rates of new energy technologies may vary from 4 up to over 40%/yr. The corresponding take-over times from a 1% to 50% share of the estimated market potential may vary from less than 10 to 70 years. The lower rate is often associated with larger energy impacts. Short take-over times less than 25 years seem to be mainly associated with end-use technologies. Public policies and subsides have an important effect on the penetration. Some technologies penetrate fast without major support explained by technology maturity and competitive prices, e.g. compact fluorescent lamps show a 24.2%/yr growth rate globally. The penetration rates determined exhibit some uncertainty as penetration has not always proceeded close to saturation. The study indicates a decreasing penetration rate with increasing time or market share. If the market history is short, a temporally decreasing functional form for the penetration rate coefficient could be used to anticipate the probable behavior

  20. Renewable energy market overview 2000

    International Nuclear Information System (INIS)

    Mahoney, Nicholas

    2001-01-01

    The article discusses the findings of a recent survey on the renewable energy market carried out in 164 countries and across a wide range of sectors of industry. The survey found almost unanimous optimism regarding the growth of the renewable energy market over the coming year. Tables show (i) the survey sample (in terms of continents, database population and responses); (ii) subsidiaries and locations of parent companies; (iii) expectations of sales next year (by continent) and (iv) expectations of sales in the coming year by sector. Figures show (a) regional distribution of companies (by continent); (b) companies' activities and (c) index of expectations of sales, by continent. The survey is intended for inclusion in the World Directory of Renewable Energy Suppliers and Services

  1. Renewable energy market overview 2000

    Energy Technology Data Exchange (ETDEWEB)

    Mahoney, Nicholas

    2001-02-01

    The article discusses the findings of a recent survey on the renewable energy market carried out in 164 countries and across a wide range of sectors of industry. The survey found almost unanimous optimism regarding the growth of the renewable energy market over the coming year. Tables show (i) the survey sample (in terms of continents, database population and responses); (ii) subsidiaries and locations of parent companies; (iii) expectations of sales next year (by continent) and (iv) expectations of sales in the coming year by sector. Figures show (a) regional distribution of companies (by continent); (b) companies' activities and (c) index of expectations of sales, by continent. The survey is intended for inclusion in the World Directory of Renewable Energy Suppliers and Services.

  2. Scenario-based energy efficiency and productivity in China: A non-radial directional distance function analysis

    International Nuclear Information System (INIS)

    Wang, H.; Zhou, P.; Zhou, D.Q.

    2013-01-01

    Improving energy efficiency and productivity is one of the most cost-effective ways for achieving the sustainable development target in China. This paper employs non-radial directional distance function approach to empirically investigate energy efficiency and energy productivity by including CO 2 emissions as an undesirable output. Three production scenarios, namely energy conservation (EC), energy conservation and emission reduction (ECER), and energy conservation, emission reduction and economic growth (ECEREG), are specified to assess China's energy efficiency and productivity growth during the period of Eleventh Five-Year Plan. Our empirical results show that there exist substantial differences in China's total-factor energy efficiency and productivity under different scenarios. Under the ECEREG scenario, the national average total-factor energy efficiency score was 0.6306 in 2005–2010, while the national average total-factor energy productivity increased by 0.27% annually during the period. The main driving force for energy productivity growth in China was energy technological change rather than energy efficiency change. - Highlights: • China's regional energy efficiency and productivity in 2005–2010 are evaluated. • Three production scenarios are considered. • Non-radial directional distance function with CO 2 emissions is employed. • Technological change is the main driver for China's energy productivity growth

  3. On market integration of renewable energies

    Energy Technology Data Exchange (ETDEWEB)

    Schroeer, Sebastian

    2014-12-05

    Since the liberalization of electricity and gas markets in Europe, the energy sector has changed in every respect with one constant: most actors have underestimated renewable energies with regard to their growth, their economies of scale and their impact on existing energy markets. If that trend continues, the urgency for policy measures will increase. Given the security of supply, integration of renewables into energy markets is necessary to replace fossil and nuclear capacities. However, the further development of renewable energies plays a crucial role in the ability to meet the energy and climate policy targets. Thus, it increases the need for regulation to achieve societally desirable outcomes. This thesis has examined the effects of renewable energies on existing energy markets. It has also investigated the various other cost-efficient options that policy makers have in striving to reach energy and climate policy targets. We assumed that cost efficiency is a relevant side condition. In the past, this has not always been the case. Today, cost efficiency is definitely relevant and might also be an essential target in the future (see Bundesregierung 2013, p. 50). We contributed to the analysis of power prices as a result of increasing shares of renewables by showing that shutting down conventional capacities will have a merit order effect. This is necessary if renewable energies are to replace fossil and nuclear capacities. Any discussion of a change of market design should make mention of this effect, since spot market revenues impact a company's behaviour within potential capacity markets. From a consumer perspective, we have shown that there is a substantial need for secured capacity with low marginal costs to keep spot prices stable. This outcome has important implications for policy makers if they are to provide consumers with low-cost renewable market integration. Policy makers have numerous ways to reach policy targets than rapidly expanding

  4. On market integration of renewable energies

    International Nuclear Information System (INIS)

    Schroeer, Sebastian

    2014-01-01

    Since the liberalization of electricity and gas markets in Europe, the energy sector has changed in every respect with one constant: most actors have underestimated renewable energies with regard to their growth, their economies of scale and their impact on existing energy markets. If that trend continues, the urgency for policy measures will increase. Given the security of supply, integration of renewables into energy markets is necessary to replace fossil and nuclear capacities. However, the further development of renewable energies plays a crucial role in the ability to meet the energy and climate policy targets. Thus, it increases the need for regulation to achieve societally desirable outcomes. This thesis has examined the effects of renewable energies on existing energy markets. It has also investigated the various other cost-efficient options that policy makers have in striving to reach energy and climate policy targets. We assumed that cost efficiency is a relevant side condition. In the past, this has not always been the case. Today, cost efficiency is definitely relevant and might also be an essential target in the future (see Bundesregierung 2013, p. 50). We contributed to the analysis of power prices as a result of increasing shares of renewables by showing that shutting down conventional capacities will have a merit order effect. This is necessary if renewable energies are to replace fossil and nuclear capacities. Any discussion of a change of market design should make mention of this effect, since spot market revenues impact a company's behaviour within potential capacity markets. From a consumer perspective, we have shown that there is a substantial need for secured capacity with low marginal costs to keep spot prices stable. This outcome has important implications for policy makers if they are to provide consumers with low-cost renewable market integration. Policy makers have numerous ways to reach policy targets than rapidly expanding

  5. Investigating Impacts of Alternative Crop Market Scenarios on Land Use Change with an Agent-Based Model

    Directory of Open Access Journals (Sweden)

    Deng Ding

    2015-11-01

    Full Text Available We developed an agent-based model (ABM to simulate farmers’ decisions on crop type and fertilizer application in response to commodity and biofuel crop prices. Farm profit maximization constrained by farmers’ profit expectations for land committed to biofuel crop production was used as the decision rule. Empirical parameters characterizing farmers’ profit expectations were derived from an agricultural landowners and operators survey and integrated in the ABM. The integration of crop production cost models and the survey information in the ABM is critical to producing simulations that can provide realistic insights into agricultural land use planning and policy making. Model simulations were run with historical market prices and alternative market scenarios for corn price, soybean to corn price ratio, switchgrass price, and switchgrass to corn stover ratio. The results of the comparison between simulated cropland percentage and crop rotations with satellite-based land cover data suggest that farmers may be underestimating the effects that continuous corn production has on yields. The simulation results for alternative market scenarios based on a survey of agricultural land owners and operators in the Clear Creek Watershed in eastern Iowa show that farmers see cellulosic biofuel feedstock production in the form of perennial grasses or corn stover as a more risky enterprise than their current crop production systems, likely because of market and production risks and lock in effects. As a result farmers do not follow a simple farm-profit maximization rule.

  6. Financial markets regulation in the energy sector. A few financial aspects of energy transactions

    International Nuclear Information System (INIS)

    Simonetti, S.

    2007-01-01

    In addition to energy legislation, financial markets legislation and regulation (FMR) are becoming increasingly important for the energy sector. Consequently, parties on the energy market not only have to deal with the energy and competition authorities (the Dte and NMa respectively), but may also face supervision by The Netherlands Authority for the Financial Markets (AFM). Energy transactions may trigger certain prohibitions and obligations under financial and securities law, the most relevant of which are discussed in this article. Both the recent changes as a result of the Financial Markets Supervision Act ('Wet op het financieel toezicht', Wft) entering into force as per 1 January 2007 and the anticipated future amendments following the implementation of the Markets in Financial Instruments Directive (MiFID) are examined [nl

  7. Battery energy storage market feasibility study

    International Nuclear Information System (INIS)

    Kraft, S.; Akhil, A.

    1997-07-01

    Under the sponsorship of the Department of Energy's Office of Utility Technologies, the Energy Storage Systems Analysis and Development Department at Sandia National Laboratories (SNL) contracted Frost and Sullivan to conduct a market feasibility study of energy storage systems. The study was designed specifically to quantify the energy storage market for utility applications. This study was based on the SNL Opportunities Analysis performed earlier. Many of the groups surveyed, which included electricity providers, battery energy storage vendors, regulators, consultants, and technology advocates, viewed energy storage as an important enabling technology to enable increased use of renewable energy and as a means to solve power quality and asset utilization issues. There are two versions of the document available, an expanded version (approximately 200 pages, SAND97-1275/2) and a short version (approximately 25 pages, SAND97-1275/1)

  8. Environmental Externalities of Geological Carbon Sequestration Effects on Energy Scenarios

    International Nuclear Information System (INIS)

    Smekens, K.; Van der Zwaan, B.

    2004-03-01

    Geological carbon sequestration seems one of the promising options to address, in the near term, the global problem of climate change, since carbon sequestration technologies are in principle available today and their costs are expected to be affordable. Whereas extensive technological and economic feasibility studies rightly point out the large potential of this 'clean fossil fuel' option, relatively little attention has been paid so far to the detrimental environmental externalities that the sequestering of CO2 underground could entail. This paper assesses what the relevance might be of including these external effects in long-term energy planning and scenario analyses. Our main conclusion is that, while these effects are generally likely to be relatively small, carbon sequestration externalities do matter and influence the nature of future world energy supply and consumption. More importantly, since geological carbon storage (depending on the method employed) may in some cases have substantial external impacts, in terms of both environmental damage and health risks, it is recommended that extensive studies are performed to quantify these effects. This article addresses three main questions: (1) What may energy supply look like if one accounts for large-scale CO2 sequestration in the construction of long-term energy and climate change scenarios; (2) Suppose one hypothesizes a quantification of the external environmental costs of CO2 sequestration, how do then these supposed costs affect the evolution of the energy system during the 21st century; (3) Does it matter for these scenarios whether carbon sequestration damage costs are charged directly to consumers or, instead, to electricity producers?

  9. Renewable energy and the need for local energy markets

    DEFF Research Database (Denmark)

    Hvelplund, Frede

    2006-01-01

    green energy policy should be introduced in order to secure both public and political acceptance. Local markets should be established in order to secure the technical integration of a large proportion of wind power and other fluctuating renewable energy sources into the energy system....

  10. An overview of alternative fossil fuel price and carbon regulation scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Wiser, Ryan; Bolinger, Mark

    2004-10-01

    The benefits of the Department of Energy's research and development (R&D) efforts have historically been estimated under business-as-usual market and policy conditions. In recognition of the insurance value of R&D, however, the Office of Energy Efficiency and Renewable Energy (EERE) and the Office of Fossil Energy (FE) have been exploring options for evaluating the benefits of their R&D programs under an array of alternative futures. More specifically, an FE-EERE Scenarios Working Group (the Working Group) has proposed to EERE and FE staff the application of an initial set of three scenarios for use in the Working Group's upcoming analyses: (1) a Reference Case Scenario, (2) a High Fuel Price Scenario, which includes heightened natural gas and oil prices, and (3) a Carbon Cap-and-Trade Scenario. The immediate goal is to use these scenarios to conduct a pilot analysis of the benefits of EERE and FE R&D efforts. In this report, the two alternative scenarios being considered by EERE and FE staff--carbon cap-and-trade and high fuel prices--are compared to other scenarios used by energy analysts and utility planners. The report also briefly evaluates the past accuracy of fossil fuel price forecasts. We find that the natural gas prices through 2025 proposed in the FE-EERE Scenarios Working Group's High Fuel Price Scenario appear to be reasonable based on current natural gas prices and other externally generated gas price forecasts and scenarios. If anything, an even more extreme gas price scenario might be considered. The price escalation from 2025 to 2050 within the proposed High Fuel Price Scenario is harder to evaluate, primarily because few existing forecasts or scenarios extend beyond 2025, but, at first blush, it also appears reasonable. Similarly, we find that the oil prices originally proposed by the Working Group in the High Fuel Price Scenario appear to be reasonable, if not conservative, based on: (1) the current forward market for oil, (2

  11. Benefits for whom? Energy efficiency within the efficient market

    International Nuclear Information System (INIS)

    Chello, Dario

    2015-01-01

    How should the lack of an efficient energy market affect the design of energy efficiency policies and their implementation? What the consequences of an inefficient energy market on end users’ behaviour? This article tries to give an answer to such questions, by considering the decision making of domestic users following a few fundamental concepts of behavioural economics. The mechanism of price formation in the market, with particular reference to the internal energy market in Europe, will be examined and we will show that price remains the inflexible attribute in making an energy choice. Then, some conclusions will be addressed to policy makers on how to overcome the barriers illustrated.

  12. German energy market 2016; Deutscher Energiemarkt 2016

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, Hans-Wilhelm [World Energy Council, London (United Kingdom). World Energy Resources; Weltenergierat, Berlin (Germany). Arbeitsgruppe Energie fuer Deutschland

    2017-03-15

    The basic orientation of the German energy supply to the increased use of renewable energies, while increasing energy efficiency, is prediscribed by the German government's energy concept and determines the market development. A current overview of the German energy market is given, which provides also this year a concentrated Compilation of the key data of the energy industry. As in the years before, the article not only summarizes general facts about the energy mix, but also goes into detail on the development of the individual energy sources, petroleum, natural gas, brown coal and hard coal, electricity as well as renewable energies. Furthermore, the price trends of international markets and in the domestic market are explained. A current overview of the development of greenhouse gas emissions concludes the contribution. [German] Die im Energiekonzept der Bundesregierung vorgegebene Grundausrichtung der deutschen Energieversorgung hin zur verstaerkten Nutzung erneuerbarer Energien bei gleichzeitiger Steigerung der Energieeffizienz bestimmt die Marktentwicklung. Vorliegend wird ein aktueller Ueberblick ueber den deutschen Energiemarkt gegeben, der auch in diesem Jahr eine konzentrierte Zusammenstellung der zentralen Eckdaten der Energiewirtschaft leistet. Wie in den Jahren zuvor fasst der Artikel nicht nur allgemeine Fakten zum Energiemix zusammen, sondern geht auch ausfuehrlich auf die Entwicklung der einzelnen Energietraeger Erdoel, Erdgas, Braun- und Steinkohle, Elektrizitaet sowie regenerative Energien ein. Ferner werden die Preistendenzen auf den internationalen Maerkten und im Inland erlaeutert. Eine aktuelle Uebersicht ueber die Entwicklung der Treibhausgas-Emissionen schliesst den Beitrag ab.

  13. Evaluating options for sustainable energy mixes in South Korea using scenario analysis

    International Nuclear Information System (INIS)

    Hong, Sanghyun; Bradshaw, Corey J.A.; Brook, Barry W.

    2013-01-01

    To mitigate greenhouse gas emissions, coal-fired electricity infrastructure needs to be replaced by low-carbon electricity generation options. Here we examine a range of possible alternative scenarios for sustainable electricity generation in South Korea, considering both physical and economic limits of current technologies. The results show that South Korea cannot achieve a 100% renewable energy mix and requires at least 55 GW of backup capacity. Given that constraint, we modelled seven scenarios: (i) the present condition, (ii) the First National Electricity Plan configuration, (iii) renewable energy (including 5 GW photovoltaic) with fuel cells or (iv) natural gas backup, (v) maximum renewable energy (including 75 GW photovoltaic) with natural gas, (vi) maximum nuclear power, and (vii) nuclear power with natural gas. We then quantify levelised cost of electricity, energy security, greenhouse gas emissions, fresh water consumption, heated water discharge, land transformation, air pollutant emissions, radioactive waste disposal, solid waste disposal and safety issues for each modelled mix. Our analysis shows that the maximum nuclear power scenario yields the fewest overall negative impacts, and the maximum renewable energy scenario with fuel cells would have the highest negative impacts. - Highlights: ► Due to physical limits of renewable sources, renewable energy cannot provide total electricity consumption in South Korea. ► A massive expansion of solar power will act to save only a small amount of backup fuel at greatly increased costs. ► A huge supply of natural gas capacity is essential, due to the absence of feasible large-scale energy storage. ► A pathway to maximize renewable energy causes more environmental and economic disadvantages than the status quo. ► Maximizing nuclear power is the most sustainable option for South Korea

  14. Advanced reactors and future energy market needs

    International Nuclear Information System (INIS)

    Paillere, Henri; )

    2017-01-01

    Based on the results of a very well-attended international workshop on 'Advanced Reactor Systems and Future Energy Market Needs' that took place in April 2017, the NEA has embarked on a two-year study with the objective of analysing evolving energy market needs and requirements, as well as examining how well reactor technologies under development today will fit into tomorrow's low-carbon world. The NEA Expert Group on Advanced Reactor Systems and Future Energy Market Needs (ARFEM) held its first meeting on 5-6 July 2017 with experts from Canada, France, Italy, Japan, Korea, Poland, Romania, Russia and the United Kingdom. The outcome of the study will provide much needed insight into how well nuclear can fulfil its role as a key low-carbon technology, and help identify challenges related to new operational, regulatory or market requirements

  15. Stocks and energy shocks : the impact of energy accidents on stock market value

    NARCIS (Netherlands)

    Scholtens, B.; Boersen, A.

    We investigate how financial market participants value energy accidents. We employ an event study to look into the response of stock markets to 209 accidents. These accidents were derived from Sovacool's (2008) database on major energy accidents from 1907 to 2007. It appears that the stock market in

  16. The competitive environment of the North American energy marketing industry

    International Nuclear Information System (INIS)

    Tonkin, S.L.

    1999-01-01

    Various issues regarding U.S. wholesale energy marketing were discussed with particular emphasis on how energy marketing is changing industries in North America. In 1998, the energy industry reported a growth in revenue of 26 per cent despite declining natural gas prices. It was emphasized that several major competitive issues need to be addressed by industry competitors in order to operate in this unpredictable market. These issues include profitability, market volatility and mergers and acquisitions. This paper presented a list of the top 10 North American Energy marketers in 1998. Although the number of marketers in the energy sector continues to grow, it is expected that the numbers will decline significantly within three years. This will be due mostly to the continuation of major mergers and acquisitions. It was concluded that in general, energy marketing may become an even more attractive industry because of increasing operating margins. 5 tabs., 2 figs

  17. Scenarios for energy forecasting: papers of the symposium

    International Nuclear Information System (INIS)

    1987-01-01

    Energy planning is important for every developed country and therefore also for South Africa. However, during 1984 it was felt by interested parties that the work in this field should be coordinated through mutual discussion. With this in mind a 'Task Team for Energy Forecasting' was formed with the task to generate acceptable forecasts of the energy set-up in South Africa. Knowledge of the relationship between energy and variables such as the economy and the population is necessary to the Task Team. However, the Task Team also needs some insight into the future paths of such variables if it has to generate energy forecasts. It is the purpose of this symposium to improve this insight through having experts in all relevant fields to set out and develop their possible future scenarios independently of energy forecasting

  18. Wood energy markets, 2010-2011

    Science.gov (United States)

    Francisco Aguilar; Christopher Gaston; Rens Hartkamp; Warren Mabee; Kenneth Skog

    2011-01-01

    Global wood energy markets continue to grow, driven primarily by demand in the EU and its commitment to meet 20% of energy consumption from renewable sources by 2020. Large investments in industrial pellet-production capacity have been made under expectations of a continuously growing demand, mainly from the EU. Concern about how energy and climate-change policies may...

  19. Can the regulated market help foster a free market for wind energy in Brazil?

    International Nuclear Information System (INIS)

    Dalbem, Marta Corrêa; Brandão, Luiz Eduardo Teixeira; Gomes, Leonardo Lima

    2014-01-01

    Wind energy has been negotiated in Brazil's regulated market through auctions organized by the government. Bilateral negotiations in the free market have been scarce. In 2011 wind farms were allowed to bid in ‘A minus 5 (A−5)' auctions, for energy with first delivery date 5 years ahead. This new design was expected to stimulate negotiations in the free market, as the 20-year contract in the regulated market eases financing while the 5-year grace period grants wind farms the option to sell whatever energy is generated beforehand in the free market. We modeled bidders' price decision in A−5 auctions as Real Options and concluded that given the low prices averaging USD 50/MW h, winners are tempted to defer investment, expecting more favorable equipment and energy prices, or a better knowledge of the wind site. Construction is likely to begin in 2–3 years, with little time left for the free market. Bidders that consider the option of eventually abandoning the project are more price competitive, increasing chances that some wind farms will never materialize. Therefore, this attempt to foster the free market may not pay-off and, moreover, it may have the unfavorable effect of turning Brazil's energy expansion planning a more difficult task. - Highlights: • Tight auction prices make winners exercise options to defer construction. • Investors that consider the option to abandon the project tend to win the auction. • High chances of default, when investors take abandonment options into account. • Auctioning wind farms for energy delivery 5 yr later will not foster a free market

  20. Stochastic–multiobjective market equilibrium analysis of a demand response program in energy market under uncertainty

    International Nuclear Information System (INIS)

    Hu, Ming-Che; Lu, Su-Ying; Chen, Yen-Haw

    2016-01-01

    Highlights: • Analyze the impact of a demand response program under uncertainty. • Stochastic Nash–Cournot competition model is formulated. • Case study of the Taiwanese electric power market is conducted. • Demand response decreases power price, generation, and emissions. • Demand uncertainty increases energy price and supply risk in the results. - Abstract: In the electricity market, demand response programs are designed to shift peak demand and enhance system reliability. A demand response program can reduce peak energy demand, power transmission congestion, or high energy-price conditions by changing consumption patterns. The purpose of this research is to analyze the impact of a demand response program in the energy market, under demand uncertainty. A stochastic–multiobjective Nash–Cournot competition model is formulated to simulate demand response in an uncertain energy market. Then, Karush–Kuhn–Tucker optimality conditions and a linear complementarity problem are derived for the stochastic Nash–Cournot model. Accordingly, the linear complementarity problem is solved and its stochastic market equilibrium solution is determined by using a general algebraic modeling system. Additionally, the case of the Taiwanese electric power market is taken up here, and the results show that a demand response program is capable of reducing peak energy consumption, energy price, and carbon dioxide emissions. The results show that demand response program decreases electricity price by 2–10%, total electricity generation by 0.5–2%, and carbon dioxide emissions by 0.5–2.5% in the Taiwanese power market. In the simulation, demand uncertainty leads to an 2–7% increase in energy price and supply risk in the market. Additionally, tradeoffs between cost and carbon dioxide emissions are presented.

  1. Interaction of Compliance and Voluntary Renewable Energy Markets

    Energy Technology Data Exchange (ETDEWEB)

    Bird, L.; Lokey, E.

    2007-10-01

    In recent years, both compliance and voluntary markets have emerged to help support the development of renewable energy resources. Both of these markets are growing rapidly and today about half of U.S. states have RPS policies in place, with a number of these policies adopted in the last several years. In addition, many states have recently increased the stringency of their RPS policies. This paper examines key market interaction issues between compliance and voluntary renewable energy markets. It provides an overview of both the compliance and voluntary markets, addressing each market's history, purpose, size, scope, and benefits while addressing issues, including double counting.

  2. Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

    International Nuclear Information System (INIS)

    Konishi, Satoshi

    2002-01-01

    Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

  3. COMPETITION AND REGULATION IN THE EU ENERGY MARKET

    Directory of Open Access Journals (Sweden)

    Cristina Havriş

    2009-12-01

    Full Text Available When prices are high and public service obligations are not properly fulfilled, consumers wonder if they obtain what they need from the market. In electricity and gas markets of the EU Member States, apart from the persistence of high, non-transparent regulated prices, a number of shortcomings have been identified by the European Commission, such as a less than optimal network use for energy transmission, a lack of coordination and cooperation across borders by transmission system operators and national authorities, and a lack of transparent and simple procedures for dealing with consumers’ complaints. These are the main elements of the infringement proceedings that the European Commission decided to launch on 25 June 2009 against 25 Member States for non–compliance with certain Community provisions in the Second Internal Energy Market Package, which entered into force on 1 July 2007. Quite emblematic is the fact that it occurred the same day as the adoption of the Third Internal Energy Market Package aiming to ensure a proper functioning of the EU energy market. We intend to analyse what has happened in the recent years at the EU level in order to liberalise and remove the significant remaining obstacles to competition in the energy market.

  4. Renewable energy and energy efficiency in liberalized European electricity markets

    International Nuclear Information System (INIS)

    Wohlgemuth, Norbert

    2000-01-01

    Given the projected growth in global energy demand, renewable energy (RE) and energy efficiency (EE) play a crucial role in the attainment of the environmental dimension of sustainable development. Policy mechanisms to promote RE and EE have been justified on the rationale of market failure, which prevents price signals alone from being sufficient to induce consumers to implement the socially optimal level. The paper shows driving forces for increasing competition in the electricity supply industry and discusses the implication of electricity industry liberalisation on RE/EE activities. Policies of the European Commission to promote RE/EE are presented, including a more detailed description of the experience made in the United Kingdom. Conclusions are that the new market structure may be too short sighted to stimulate RE and EE activities and that the design of policies should be compatible with the new market-orientated structure of the electricity industry. If implemented properly, and compatible with the competitive market organisation, electricity supply liberalisation could pave the way for 'sustainable electricity' in the European Union. (Author)

  5. Challenge to innovative technologies and the expected market appeal

    International Nuclear Information System (INIS)

    Tobita, Kenji; Nishio, Satoshi; Konishi, Satoshi; Tokimatsu, Koji; Hiwatari, Ryoji

    2005-01-01

    This section describes the future of fusion energy in terms of its impact on the global energy supply and global warming mitigation, the possible entry scenarios of fusion into future energy market, and innovative technologies for deploying and expanding fusion's share in the market. Section 5.1 shows that fusion energy can contribute to the stabilization of atmospheric CO 2 concentration if fusion is introduced into the future energy market at a competitive price. Considerations regarding fusion's entry scenarios into the energy market are presented in Sec. 5.2, suggesting that fusion should replace fossil energy sources and thus contribute to global warming mitigation. In this sense, first generation fusion power plants should be a viable energy source with global appeal and be so attractive as to employed in developing countries rather than in developed countries. Favorable factors lending to this purpose are fusion's stability as a power source, and its security, safety, and environmental friendliness as well as its cost-electricity. The requirements for core plasma to expand the share of fusion in the market in the latter half of this century are given in Sec. 5.3, pointing out the importance of high beta access with low aspect ratio and plasma profile control. From this same point of view, innovative fusion technologies worthy of further development are commented on in Sec. 5.4, addressing the high temperature blanket, hydrogen production, high temperature superconductors, and hot cell maintenance. (author)

  6. Tweak, Adapt, or Transform: Policy Scenarios in Response to Emerging Bioenergy Markets in the U.S. Corn Belt

    Directory of Open Access Journals (Sweden)

    Ryan C. Atwell

    2011-03-01

    Full Text Available Emerging bioenergy markets portend both boon and bane for regions of intensive agricultural production worldwide. To understand and guide the effects of bioenergy markets on agricultural landscapes, communities, and economies, we engaged leaders in the Corn Belt state of Iowa in a participatory workshop and follow-up interviews to develop future policy scenarios. Analysis of workshop and interview data, in conjunction with the results of regional social and ecological research, was used to develop a heuristic model outlining interactions between key drivers and outcomes of regional landscape change. Three policy scenarios were built on this framework and included the following approaches: tweak, adapt, and transform. Our results suggest that if macroscale markets, technologies, and federal farm policies are allowed to be the overriding drivers of farm owner and operator decision making, Iowa's agricultural landscapes will likely become highly efficient at row crop production at the cost of other desired outcomes. However, the perspectives of Iowa leaders demonstrate how multifunctional agricultural landscapes can be achieved through a concerted portfolio of change coordinated across local, regional, and national scales.

  7. Stimuli, competence and markets. 3. Partial report within the research project 'Renewable energy in the internal energy market'

    International Nuclear Information System (INIS)

    Kjersgaard, A.

    1996-01-01

    The trends behind the developing of wind turbine market are analyzed with regard to the effect of wind energy use regulations. National- specific differences in customer and market habits as well as public and private companies result in different approach to the political and economic marketing factors. (EG)

  8. Contractor/supplier of energy services. Liberalization of the energy market and the need for energy services

    International Nuclear Information System (INIS)

    Maas, J.F.M.

    2002-01-01

    A market for energy services is emerging. Energy suppliers and building services contractors have the same customers but have traditionally operated in different markets. The boundary between the energy and building services markets is blurred. Substantial degrees of freedom are being created for the customer in a free market. After the initial euphoria about this, there will be a realization that there are also risks, for example as a result of price fluctuations, uncertainty about supplier reliability, the effects of the rates system, complex regulation and political decision making. If people want to reduce these risks and through this make costs controllable, attention must be paid to the interdependence between aspects on the supply side, in the energy supply system and on the demand side [nl

  9. Scenarios for solar thermal energy applications in Brazil

    International Nuclear Information System (INIS)

    Martins, F.R.; Abreu, S.L.; Pereira, E.B.

    2012-01-01

    The Solar and Wind Energy Resource Assessment (SWERA) database is used to prepare and discuss scenarios for solar thermal applications in Brazil. The paper discusses low temperature applications (small and large scale water heating) and solar power plants for electricity production (concentrated solar power plants and solar chimney plants) in Brazil. The results demonstrate the feasibility of large-scale application of solar energy for water heating and electricity generation in Brazil. Payback periods for water heating systems are typically below 4 years if they were used to replace residential electric showerheads in low-income families. Large-scale water heating systems also present high feasibility and many commercial companies are adopting this technology to reduce operational costs. The best sites to set up CSP plants are in the Brazilian semi-arid region where the annual energy achieves 2.2 MW h/m 2 and averages of daily solar irradiation are larger than 5.0 kW h/m 2 /day. The western area of Brazilian Northeastern region meets all technical requirements to exploit solar thermal energy for electricity generation based on solar chimney technology. Highlights: ► Scenarios for solar thermal applications are presented. ► Payback is typically below 4 years for small scale water heating systems. ► Large-scale water heating systems also present high feasibility. ► The Brazilian semi-arid region is the best sites for CSP and chimney tower plants.

  10. Proceedings of the 12. forum: Croatian Energy Day: Energy consumers in open market conditions

    International Nuclear Information System (INIS)

    Granic, G.; Jelavic, B.

    2003-01-01

    The theme of the 12. Forum: Energy Day in Croatia is energy sector liberalisation and the new position of the consumers, changing rapidly and acquiring a completely new perspective. By means of market opening of various energy forms the consumer gains right to choose the energy supplier, quite a radical change in relation to the former, monopolistic relationship. This means that the consumer becomes the centre of attention, as has already been achieved at the mobile phone market. Within new market environment, the consumer becomes product buyer, buyer of the product in principle bearing market characteristics as any other product. However, energy markets reveal numerous peculiarities, distinguishing them from the markets of goods and services, as we have known them for centuries, which function according to well-known market conditions. While part of the energy sector will permanently remain a natural monopoly (transmission / transportation and distribution networks), the opening of the considered market requires information science development, which means it is necessary to apply advanced technology for e.g. measuring devices, etc. In view of such market circumstances it is essential to define the quality of the product including supply stability, voltage quality or agility in responding to customer complaints. On the other hand, these factors cannot be adjusted to each individual consumer-buyer at the moment or at least not ones. The position of the customers-buyers has been solved differently in various countries. The aim of this Forum is to put forward and explain experience and solutions connected to the new customer-buyer role in market circumstances. It is our wish that the participants discuss problems connected to the consumer-buyer position under the following aspects: Present status of market opening for various energy forms in the countries of the EU and in the transition countries; technical preconditions for energy market opening such as information

  11. Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

    Energy Technology Data Exchange (ETDEWEB)

    Helby, Peter (ed.); Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

    2003-03-01

    The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

  12. Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

    International Nuclear Information System (INIS)

    Helby, Peter; Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

    2003-03-01

    The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

  13. 77 FR 30274 - Inupiat Energy Marketing, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-05-22

    ... Energy Marketing, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Inupiat Energy Marketing, LLC's application for market-based rate authority, with an accompanying rate... protests and interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov . To...

  14. Energy market integration and regional institutions in east Asia

    International Nuclear Information System (INIS)

    Aalto, Pami

    2014-01-01

    This article assesses the case made for energy market integration in East Asia by comparing the role of institutions in South East Asia and North East Asia. The types and functions of institutions and their overall structure are examined in light of global energy market trends. In South East Asia, the shift attempted by ASEAN towards more competitive markets is hampered by the remaining statist variants of the trade institution and bilateral energy diplomacy, which, as regards transaction cost functions, are sub-optimal. As for institutions with order-creating functions, the unresolved status of sovereignty within ASEAN hampers regulatory harmonisation; the great power management institution has since ASEAN's establishment reduced conflicts without providing decisive leadership conducive to integration. North East Asia's dependence on global energy markets overshadows the regional integration potential of the diverse liberalisation efforts and interconnection projects. Bilateral energy diplomacies, new trilateral institutions combined with ‘Track Two’ institutions and remaining great power competition co-exist. In both regions the institutional structure allows for step-wise, technical infrastructure integration. The environmental stewardship institution co-exists with statist energy security and development objectives while it supports cooperation on green energy. The overall structure of informal institutions constrains deeper energy market integration in several ways. - Highlights: • The structures of institutions explain East Asian energy market integration. • Transaction costs are increased by statist trade institutions and bilateralism. • Order-creating institutions are sub-optimal for energy market integration. • Multi-level great power management offers limited leadership for integration. • The environmental stewardship institution supports cooperation on green energy

  15. Least cost, utility scale abatement from Australia's NEM (National Electricity Market). Part 2: Scenarios and policy implications

    International Nuclear Information System (INIS)

    Brear, M.J.; Jeppesen, M.; Chattopadhyay, D.; Manzie, C.; Alpcan, T.; Dargaville, R.

    2016-01-01

    This paper is the second of a two part study that considers least cost, greenhouse gas abatement pathways for an electricity system. Part 1 of this study formulated a model for determining these abatement pathways, and applied this model to Australia's NEM (National Electricity Market) for a single reference scenario. Part 2 of this study applies this model to different scenarios and considers the policy implications. These include cases where nuclear power generation and CCS (carbon capture and storage) are implemented in Australia, which is presently not the case, as well as a more detailed examination of how an extended, RPS (renewable portfolio standard) might perform. The effect of future fuel costs and different discount rates are also examined. Several results from this study are thought to be significant. Most importantly, this study suggests that Australia already has utility scale technologies, renewable and non-renewable resources, an electricity market design and an abatement policy that permit continued progress towards deep greenhouse gas abatement in its electricity sector. In particular, a RPS (renewable portfolio standard) appears to be close to optimal as a greenhouse gas abatement policy for Australia's electricity sector for at least the next 10–15 years. - Highlights: • Considers scenarios and policy implications for Australia's NEM (National Electricity Market). • An extended form of RPS (renewable portfolio standard) appears near optimal until roughly 2030. • For up to 80% abatement, the inclusion of nuclear achieves only marginal benefit by 2050. • CCS (Carbon capture and storage) does not appear competitive with current cost estimates.

  16. Priority order in using biomass resources - Energy systems analyses of future scenarios for Denmark

    DEFF Research Database (Denmark)

    Kwon, Pil Seok; Østergaard, Poul Alberg

    2013-01-01

    . This article compares the value of using biomass as a heat source and for electricity generation in a 100% renewable energy system context. The comparison is done by assuming an incremental decrease in the biomass available for the electricity and heat sector, respectively. The assumed scenarios......According to some future Danish energy scenarios, biomass will become one of the two main pillars of the future energy system accompanied by wind power. The biomass can be used for generating heat and electricity, and as a transportation fuel in a future energy system according to the scenarios...... for the decrease of biomass are made by use of an hourly energy system analysis model, EnergyPLAN. The results are shown in terms of system configuration, biomass fuel efficiency, system cost, and impacts on the export of electricity. It is concluded that the reduction of biomass in the heat sector is better than...

  17. The Energy Markets of the APEC Countries: Opportunities for Russia

    Directory of Open Access Journals (Sweden)

    Olga Valeryevna Dyomina

    2012-09-01

    Full Text Available The article evaluates the export possibilities of Russian energy resources to the markets of the APEC countries. The analysis is made with the help of the IEA Model of short-term energy security (MOSES Primary Energy Sources and Secondary Fuels. This model addresses four dimensions of energy security. These include external and domestic factors, reflecting both risk exposure and resilience, the ability of energy systems to adapt to or withstand disruptions. In MOSES countries with similar characteristics are grouped in the energy profiles (from A to E by each energy resource. Countries with profiles from B to E present potential markets for Russian energy resources, while countries with the profile A are our competitors. The most promising market of energy resources is China, but for Russia it is likely to become a monopsony market. The authors assume that Russia will retain its position with respect to the concluded long-term contracts for energy resources supply, but expectations about the formation of a large market niche are overestimated. The study concludes that Russia can strengthen its competitive positions due to the launch of complete products on the markets of the APEC countries, especially, due to the creation of new market niches on the basis of technological leadership

  18. Asia energy outlook to 2030: Impacts of energy outlook in China and India on the world

    Energy Technology Data Exchange (ETDEWEB)

    Komiyama, R.

    2007-07-01

    This paper presents an international energy outlook, focusing on an analysis of energy impacts of Asia, particularly China and India, on the world energy markets to 2030. Based on vigorous economic growth, soaring electricity demand and progressive motorisation in China and India, Asia's primary energy demand is expected to double, eventually positioning Asia as the largest energy-consuming region with largest CO{sub 2} emissions in the world. This paper also discusses energy security challenges for Asia, in particular East Asian region, where steady oil demand growth will lead to increasing dependency on imported oil from Middle East and sea lane security in the Malacca Strait. Furthermore, this paper explores various future scenarios for Asia including 'Technological Advanced Scenario' to highlight the differences in possible energy futures in Asia and its implication to the global energy market. In Technological Advanced Scenario, which assumes the stepped-up implementation of energy and environmental policies in Asian countries, Asia's primary energy demand in 2030 is expected to be 15%, or 943 Mtoe, lower than the Reference Scenario. The paper concludes that successful implementation of such an energy strategy will decrease the energy demand and greatly mitigate the growth of CO{sub 2} emissions from the energy sector. (auth)

  19. Energy market opportunities post-Maui

    International Nuclear Information System (INIS)

    Saha, G.

    1995-01-01

    As supply from the Maui and other existing producing fields decline, petroleum explorers and developers need to address the question who will be the indigenous oil and gas customers post Maui? This paper discusses major macro- and micro-environmental trends which will influence likely market opportunities. Two sub-markets are examined. First, what trends impact on current oil and gas customers. Second, what other new customers might arise. The macro-environment trends cover important economic, political, legislation, socio-economic and technical parameters. The micro-environment trends cover energy market structures and pricing parameters. (Author)

  20. Renewable Energy: Markets and Prospects by Technology

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This information paper accompanies the IEA publication Deploying Renewables 2011: Best and Future Policy Practice (IEA, 2011a). It provides more detailed data and analysis, and explores the markets, policies and prospects for a number of renewable energy technologies. This paper provides a discussion of ten technology areas: bioenergy for electricity and heat, biofuels, geothermal energy, hydro energy, ocean energy, solar energy (solar photovoltaics, concentrating solar power, and solar heating), and wind energy (onshore and offshore). Each technology discussion includes: the current technical and market status; the current costs of energy production and cost trends; the policy environment; the potential and projections for the future; and an analysis of the prospects and key hurdles to future expansion.

  1. Essays on liberalized energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Nese, Gjermund

    2003-07-01

    This thesis consists of four essays that aim at contributing to the understanding of some of the new challenges associated by the liberalized energy markets. More specifically the essays consider investments in energy generation projects; international trade of Green Certificates, market power in a Green Certificate system, and finally the behaviour of public firms in liberalized markets. Essay 1 considers energy investment, when a choice has to be made between fossil fuel and biomass fired production technologies. A dynamic model is presented to illustrate the effect of the different degrees of input price uncertainty on the choice of technology and the timing of the investment. It is shown that when the choice of technology is irreversible, it may be optimal to postpone the investment even if it would otherwise be optimal to invest in one or both of the plant types. We provide a numerical example based on cost estimates of two different power plant types. Essay 2 presents an analytical equilibrium model for simultaneously functioning international markets for electricity and Green Certificates is formulated. The percentage requirement is perceived as the policy instrument affecting the level of green electricity in end-use consumption. In none of the cases considered does an increase in the country's percentage requirement necessarily result in an increase in the generation of green electricity in that country, but it may have a positive effect on the trading partner's generation of green electricity. Further, under quite realistic assumptions, a country maximizes its generation of green electricity by setting the percentage requirement to zero. In essay 3 an analytic equilibrium model for a simultaneously functioning electricity market and a market for Green Certificates is formulated. The major focus of the paper is the effect of market power in a Green Certificate system. One of the main results is that the certificate system faced with market power

  2. Essays on liberalized energy markets

    International Nuclear Information System (INIS)

    Nese, Gjermund

    2003-01-01

    This thesis consists of four essays that aim at contributing to the understanding of some of the new challenges associated by the liberalized energy markets. More specifically the essays consider investments in energy generation projects; international trade of Green Certificates, market power in a Green Certificate system, and finally the behaviour of public firms in liberalized markets. Essay 1 considers energy investment, when a choice has to be made between fossil fuel and biomass fired production technologies. A dynamic model is presented to illustrate the effect of the different degrees of input price uncertainty on the choice of technology and the timing of the investment. It is shown that when the choice of technology is irreversible, it may be optimal to postpone the investment even if it would otherwise be optimal to invest in one or both of the plant types. We provide a numerical example based on cost estimates of two different power plant types. Essay 2 presents an analytical equilibrium model for simultaneously functioning international markets for electricity and Green Certificates is formulated. The percentage requirement is perceived as the policy instrument affecting the level of green electricity in end-use consumption. In none of the cases considered does an increase in the country's percentage requirement necessarily result in an increase in the generation of green electricity in that country, but it may have a positive effect on the trading partner's generation of green electricity. Further, under quite realistic assumptions, a country maximizes its generation of green electricity by setting the percentage requirement to zero. In essay 3 an analytic equilibrium model for a simultaneously functioning electricity market and a market for Green Certificates is formulated. The major focus of the paper is the effect of market power in a Green Certificate system. One of the main results is that the certificate system faced with market power may

  3. Energy scenarios for European passenger transport in the year 2030

    Energy Technology Data Exchange (ETDEWEB)

    Rienstra, S.A.; Nijkamp, P. [Systems and Control Group, Faculty of Mechanical and Marine Engineering, Delft University of Technology, Delft (Netherlands)] Smokers, R.T.M. [ECN Policy Studies, Petten (Netherlands)

    1995-11-01

    In this paper four energy scenarios for West-European passenger transport are developed. To start with, the present transport system as a baseline case is described and analysed. Next, for each scenario it is outlined how the passenger transport system may look like in terms of the use of various existing and future transport technologies and the corresponding modal split. Based on this information, expected energy consumption features of the various transport modes are described, data on the present fuel supply and electricity generation system are provided, and estimations of the future energy system are given. Then, the energy consumption and CO2 emissions associated with the future passenger transport systems are calculated and these impacts are compared with the current system. The conclusion is that a large-scale reduction of CO2 emissions is possible in several ways, but that each option will cause many problems because drastic policy measures will have to be introduced, which may affect economic growth and the lifestyles of individuals. 4 figs., 11 tabs., 22 refs.

  4. Collaborative market approaches to stimulate sustained renewable energy deployment

    International Nuclear Information System (INIS)

    Weissman, J.M.

    1996-01-01

    New market opportunities for renewable energy technologies are emerging in response to lower costs, greater possibilities for distributed products and services, strong customer preference for cleaner electricity, and the anticipation of deregulation of the electric power industry. In response, a series of innovative programs and market-based mechanisms are supporting accelerated, commercialization efforts. This paper reviews two different but complementary national collaborative initiatives. The PV-COMPACT, through its major program components, focuses on a number of market mechanisms and policy tools that support sustainable deployment of photovoltaic (PV) systems for utility markets. The Workshop In A Box Program, a collaborative effort managed by the Interstate Renewable Energy Council, supplies the right information to key state government agencies to assist them in evaluating decisions to purchase renewable energy products. This paper also addresses how distributed applications can open new markets for renewable energy systems including the evolution of customer choice programs like green pricing. The programs discussed in this paper demonstrate that no singular mechanism drives new and sustainable markets: it is the symbiotic relationship among many innovative and enterprising efforts and investments that leads to emerging renewable energy markets

  5. Renewable energy markets in developing countries

    DEFF Research Database (Denmark)

    Martinot, E.; Chaurey, A.; Lew, D.

    2002-01-01

    Renewable energy is shifting from the fringe to the mainstream of sustainable development. Past donor efforts achieved modest results but often were not sustained or replicated, which leads now to greater market orientation. Markets for rural household lighting with solar home systems, biogas...

  6. An Agent-based Application to Enable Deregulated Energy Markets

    NARCIS (Netherlands)

    Capodieci, Nicola; Cabri, Giacomo; Pagani, Giuliano Andrea; Aiello, Marco

    2012-01-01

    Private houses are more and more enabled with devices that can produce renewable energy, and the not so remote chance of selling the surplus energy makes them new players in the energy market. This market is likely to become deregulated since each energy home-producer can negotiate the energy price

  7. Model of Nordic energy market

    International Nuclear Information System (INIS)

    Gjelsvik, E.; Johnsen, T.; Mysen, H.T.

    1992-01-01

    Simulation results are given of the consumption of electricity and oil in Denmark, Norway and Sweden based on the demand section of a Nordic energy market model which is in the process of being developed in Oslo under the auspices of the Nordic Council of Ministers. The model incorporates supply, and trade between countries so that it can be analyzed how trading can contribute to goals within energy and environmental policies and to cost effective activities aimed at reducing pollution. The article deals in some detail with the subject of how taxation on carbon dioxide emission can influence pollution abatement and with energy consumption development within individual sectors in individual Northern countries. The model of energy demand is described with emphasis on the individual sectors of industry, transport, service and private households. Simulation results giving the effects of energy consumption and increased taxation on fossil fuels are given. On this background the consequences of the adaption of power plants is discussed and a sketch is given of a Nordic electric power market incorporating trading. (AB) (15 refs.)

  8. Large scale scenario analysis of future low carbon energy options

    International Nuclear Information System (INIS)

    Olaleye, Olaitan; Baker, Erin

    2015-01-01

    In this study, we use a multi-model framework to examine a set of possible future energy scenarios resulting from R&D investments in Solar, Nuclear, Carbon Capture and Storage (CCS), Bio-fuels, Bio-electricity, and Batteries for Electric Transportation. Based on a global scenario analysis, we examine the impact on the economy of advancement in energy technologies, considering both individual technologies and the interactions between pairs of technologies, with a focus on the role of uncertainty. Nuclear and CCS have the most impact on abatement costs, with CCS mostly important at high levels of abatement. We show that CCS and Bio-electricity are complements, while most of the other energy technology pairs are substitutes. We also examine for stochastic dominance between R&D portfolios: given the uncertainty in R&D outcomes, we examine which portfolios would be preferred by all decision-makers, regardless of their attitude toward risk. We observe that portfolios with CCS tend to stochastically dominate those without CCS; and portfolios lacking CCS and Nuclear tend to be stochastically dominated by others. We find that the dominance of CCS becomes even stronger as uncertainty in climate damages increases. Finally, we show that there is significant value in carefully choosing a portfolio, as relatively small portfolios can dominate large portfolios. - Highlights: • We examine future energy scenarios in the face of R&D and climate uncertainty. • We examine the impact of advancement in energy technologies and pairs of technologies. • CCS complements Bio-electricity while most technology pairs are substitutes. • R&D portfolios without CCS are stochastically dominated by portfolios with CCS. • Higher damage uncertainty favors R&D development of CCS and Bio-electricity

  9. Using scenarios of North Slope energy and resource development to assess research and monitoring needs

    Science.gov (United States)

    Payne, J. F.

    2016-12-01

    Significant Arctic environmental and socio-economic change has been observed on the North Slope of Alaska, presenting challenges for resident communities and management agencies that need to adapt to future changes that are difficult to model or predict. Continued climate change coupled with new or modified energy development could substantially alter the landscape and ecosystem in the future. The North Slope Science Initiative (NSSI) recognized the value of using a participatory scenarios process to consider plausible future energy and resource development scenarios through the year 2040 to help identify and prioritize research and monitoring needs on the North Slope. The scenarios process engaged diverse stakeholders, including subject matter experts and local knowledge holders. Through identification and ranking of key drivers and uncertainties relevant to the focus of the study, a series of spatially explicit scenarios was developed, analyzed in terms of low, medium and high development activities. Climate change and economic factors were key drivers affecting plausible energy development scenarios. The implications from each of the scenarios were then used to identify important research and monitoring activities and their relevant spatial scales. The scenarios project identified over 40 research and monitoring needs. The top five research needs addressed data gaps and key concerns related to how the scenarios could affect: hunting and trapping on land, health and community well-being, permafrost and hydrology, marine mammal subsistence and potential marine oil spills. The use of a participatory scenarios process was essential for identifying a range of plausible energy and resource development scenarios using a framework that involved a systematic assessment of complex interacting drivers of change, consideration of key uncertainties, and transparency throughout the project.

  10. Stochastic optimization of energy hub operation with consideration of thermal energy market and demand response

    International Nuclear Information System (INIS)

    Vahid-Pakdel, M.J.; Nojavan, Sayyad; Mohammadi-ivatloo, B.; Zare, Kazem

    2017-01-01

    Highlights: • Studying heating market impact on energy hub operation considering price uncertainty. • Investigating impact of implementation of heat demand response on hub operation. • Presenting stochastic method to consider wind generation and prices uncertainties. - Abstract: Multi carrier energy systems or energy hubs has provided more flexibility for energy management systems. On the other hand, due to mutual impact of different energy carriers in energy hubs, energy management studies become more challengeable. The initial patterns of energy demands from grids point of view can be modified by optimal scheduling of energy hubs. In this work, optimal operation of multi carrier energy system has been studied in the presence of wind farm, electrical and thermal storage systems, electrical and thermal demand response programs, electricity market and thermal energy market. Stochastic programming is implemented for modeling the system uncertainties such as demands, market prices and wind speed. It is shown that adding new source of heat energy for providing demand of consumers with market mechanism changes the optimal operation point of multi carrier energy system. Presented mixed integer linear formulation for the problem has been solved by executing CPLEX solver of GAMS optimization software. Simulation results shows that hub’s operation cost reduces up to 4.8% by enabling the option of using thermal energy market for meeting heat demand.

  11. German energy market in 2015; Deutscher Energiemarkt 2015

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, Hans-Wilhelm [World Energy Council, London (United Kingdom). World Energy Resources; Weltenergierat - Deutschland, Berlin (Germany). Arbeitsgruppe ' ' Energie fuer Deutschland' '

    2016-03-15

    The given basic orientation of the energy concept of the federal government for the German energy supply increased towards renewable energy while increasing energy efficiency determines the market trend. In the present case, a current overview of the German energy market will be given of this year providing a concentrated compilation of the central main features of the energy industry. As in previous years, the article summarizes not only general facts about the energy, but also goes in detail on the development of the individual fuels such as oil, natural gas, lignite and hard coal, nuclear energy and renewable energies. Furthermore, the price trends are described in the international markets and in the domestic market. [German] Die im Energiekonzept der Bundesregierung vorgegebene Grundausrichtung der deutschen Energieversorgung hin zur verstaerkten Nutzung erneuerbarer Energien bei gleichzeitiger Steigerung der Energieeffizienz bestimmt die Marktentwicklung. Vorliegend wird ein aktueller Ueberblick ueber den deutschen Energiemarkt gegeben, der auch in diesem Jahr eine konzentrierte Zusammenstellung der zentralen Eckdaten der Energiewirtschaft leistet. Wie in den Jahren zuvor fasst der Artikel nicht nur allgemeine Fakten zum Energiemix zusammen, sondern geht auch ausfuehrlich auf die Entwicklung der einzelnen Energietraeger Erdoel, Erdgas, Braun- und Steinkohle, Kernenergie sowie regenerative Energien ein. Ferner werden die Preistendenzen auf den internationalen Maerkten und im Inland erlaeutert.

  12. Energy saving and CO2 mitigation through restructuring Jordan's transportation sector: The diesel passenger cars scenario

    International Nuclear Information System (INIS)

    Al-Hinti, I.; Al-Ghandoor, A.; Akash, B.; Abu-Nada, E.

    2007-01-01

    The transportation sector is responsible for 37% of the total final energy consumption in Jordan, with passenger cars taking a share of 57% in this sector. Improvement of the energy efficiency of the transportation sector can help in alleviating socio-economic pressures resulting from the inflating fuel bill and in lowering the relatively high CO 2 emission intensity. Current legislations mandate that all passenger cars operating in Jordan are to be powered with spark ignition engines using gasoline fuel. This paper examines potential benefits that can be achieved through the introduction of diesel cars to the passenger cars market in Jordan. Three scenarios are suggested for implementation and investigated with a forecasting model on the basis of local and global trends over the period 2007-2027. It is demonstrated that introducing diesel passenger cars can slow down the growth of energy consumption in the transportation sector resulting in significant savings in the national fuel bill. It is also shown that this is an effective and feasible option for cutting down CO 2 emissions

  13. On the environmental impact of energy market liberalisation

    International Nuclear Information System (INIS)

    Van Soest, D.P.; De Groot, H.L.F.

    2000-01-01

    In the literature, attention has been paid to the environmental consequences of lower energy prices caused by market liberalisation: the drop in energy prices reduces the attractiveness of investing in energy-saving technologies. In this paper we develop a simple model of investment decision-making emphasising the importance of not only levels but also volatility of energy prices for actual investment behaviour. The general finding is that lower energy prices and higher uncertainty reduce the propensity to invest. To empirically assess the importance of changes in both levels and volatility, we use US natural gas price data over the market liberalisation period and apply the information to the investment decision with respect to a specific energy-saving technology in the paper industry. We find that energy market liberalisation reduces the propensity to invest in energy-saving technologies substantially, not only because of the lower energy price but also because of its increased volatility. 12 refs

  14. Using energy storage for strategic advantage in competitive electricity markets

    International Nuclear Information System (INIS)

    Hurwitch, J.W.; Symons, P.

    1998-01-01

    Energy storage products are emerging for use in power quality, electric transmission and distribution, and renewable energy applications. Despite this emergence into high-value markets, widespread market penetration will only occur when the value of the services that energy storage products can deliver are clearly delineated. The emergence of competitive electricity markets will more clearly define the flexible benefits of energy storage devices. This paper presents a summary of the ESA's position of the status of energy storage technologies, the market barriers, and steps the ESA is undertaking to reduce these barriers. (author)

  15. Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

    Science.gov (United States)

    Tucker, Russell Jay

    2002-09-01

    Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

  16. 76 FR 3881 - Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc.

    Science.gov (United States)

    2011-01-21

    ... Energy Marketing (U.S.) Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: TransAlta Energy Marketing (U.S.) Inc. (TEMUS) has applied to renew its..., Federal power marketing agencies, and other entities within the United States. The existing international...

  17. Water: The Only Factor Influencing the Price of Energy in the Spot Market?

    Directory of Open Access Journals (Sweden)

    Vinicius Mothé Maia

    2016-04-01

    Full Text Available The Brazilian electric energy generation system is based on its hydroelectric power plants, making the country dependent on proper rainfall and, thus, raising the possibility of energy stress situations, such as the energy-rationing scenario observed in the beginning of the century and the latest water crisis (2014. Moments of water scarcity are followed by an increase in energy prices, which affects the economy as whole. Therefore, it is relevant to understand which factors in the Brazilian Electric System affect the energy price and the individual importance of each. This paper aimed to analyze which the key variables influencing the energy price in the spot market are by using official data from the National Electric System Operator. The used data was from the period July/2001 to July/2014, which was employed in a multiple regression methodology along with time series. The results suggest an inverse relationship between the natural flow of rivers (directly related to rainfall and the energy price. Moreover, they also point to an inverse relationship between the potential energy stored in reservoirs as water and the energy price.

  18. 75 FR 45111 - Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing...

    Science.gov (United States)

    2010-08-02

    .... ER00-167-000; Docket No. ER03- 752-000] Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing Corporation; Notice of Revocation of Market- Based Rate Tariff July 23, 2010. On... FERC ] 61,334 (2003). In the June 25 Order, the Commission directed Strategic Energy Management Corp...

  19. Analysis of Brazilian SHP policy and its regulation scenario

    International Nuclear Information System (INIS)

    Tiago Filho, Geraldo Lucio; Rocha Galhardo, Camila; Cassia Barbosa, Adriana de; Mambeli Barros, Regina; Gracas Braga da Silva, Fernando das

    2011-01-01

    This article presents the main regulatory changes that occurred in the Brazilian power sector in 2009, along with the impacts these changes caused on the market, especially related to small hydropower (<30 MW). This study addresses regulatory issues based on inventory studies and records of basic projects, changes related to the compensation of the assured energy of SHPs in the Brazilian energy reallocation market, the socio-economic impact resulting from the construction of SHPs, SHPs in alternative resource auctions and finally the general outlook for the growth scenario for SHPs in Brazil according to the ten-year plan (2010-2019). The overall conclusions of this investigation were that the 2008/2009 biennium was a period of great changes in the regulation of small hydropower plants in Brazil, and the SHP market has shown maturity. Additionally, despite SHP being a type of technology that is completely dominated by domestic industry, in recent years, they have experienced policy disincentives caused by changes to rules that inhibit their growth. - Highlights: → Main regulatory changes in Brazilian Power Sector that have occurred in 2009. → The impact of these changes caused on market, especially about SHPs (<30 MW). → The Brazilian growth scenario for SHPs according to the ten-year plan (2010-2019). → 2008/2009 biennium was a period of changes in the Brazilian regulation of SHPs. → SHP is a type of technology that is completely dominated by domestic industry.

  20. A lifestyle-based scenario for US buildings: implications for energy use

    International Nuclear Information System (INIS)

    Diamond, Rick

    2003-01-01

    Can lifestyle-based scenarios provide insight into the nature of energy use in our future buildings? Participants in a design charrette brainstormed ideas about the future of US homes and workplaces. The teams started from several descriptions of daily lifestyles, and developed specific building characteristics as the place settings for these narratives. In addition to characterizing the physical environment, the teams also identified the forces that would be influential in making these changes. Further reflection was made on the possible unintended consequences of these changes. The energy implications of these changes were characterized with respect to magnitude and direction. While acknowledging the speculative nature of the exercise, the rationale was to broaden the discussion on future energy use by looking at future scenarios in the context of everyday life

  1. Proceedings of the 10. international conference on energy - the new energy infrastructures market

    International Nuclear Information System (INIS)

    1998-01-01

    The main focus of this international conference was on reform and deregulation of the electrical industry and how these will impact on energy markets around the world. Energy source development, power project financing in developing countries, integration of energy market and partnering in the energy projects development in a global context, were some of the individual topics that received considerable attention. tabs., figs

  2. Future of Finnish energy business - scenarios and strategies. Summary report of the SALKKU research project; Suomalainen tulevaisuuden energialiiketoiminta - skenaariot ja strategiat. SALKKU-hankkeen yhteenvetoraportti

    Energy Technology Data Exchange (ETDEWEB)

    Koljonen, T.; Koreneff, G.; Simila, L. [and others

    2012-05-15

    This report gives a summary of the results of the research project 'Future of Finnish energy business - scenarios and strategies' (SALKKU). The SALKKU research was carried out as a joint research project of VTT Technical Research Centre of Finland (VTT) and MTT Agrifood Research Finland (MTT). The coordinating partner was VTT. The objective of the project was to assess the future energy business and factors contributing to it up to year 2050. The research in SALKKU is partly a continuation of the work done in the research project 'SEKKI - The Competitiveness of Finnish Energy Industry under Developing Climate Policy', which was a part of the ClimBus-programme of Tekes, the Finnish Funding Agency for Technology, and the results of which have been published in VTT's and MTT's report series in 2009. The focus in SALKKU project was on assessing future energy businesses by analysing the development of energy demands and supplies as well as energy markets under the influence of future energy and climate policies, depleting fossil resources, growing population, and the economic development. The demand for energy was studied on a global, an EU, and especially on an Asian level. On the supply side the focus was both on fossil reserves and resources and on the technical and the techno-economical potential of field bioenergy. There are vast uncertainties concerning the growth in food demand and changing eating habits on one hand, and the demand for bioenergy on the other hand. The EnTech project by Etlatieto, a subsidiary of ETLA, The Research Institute of the Finnish Economy, was carried out as a parallel project to SALKKU. The EnTech project assessed the development of energy technology export of the Finnish energy industry. One part of the work at VTT was to analyse the impacts of future climate policies on greenhouse gas emissions, on the development of the energy systems, and on clean energy investments. The area of focus was on long term

  3. Competitiveness and potentials of UCG-CCS on the European energy market

    Science.gov (United States)

    Kempka, T.; Nakaten, N.; Schlüter, R.; Fernandez-Steeger, T.; Azzam, R.

    2009-04-01

    The world-wide coal reserves can satisfy the world's primary energy demand for several hundred years. However, deep coal deposits with seams of low thickness and structural complexity do currently not allow an economic exploitation of many deposits. Here, underground coal gasification (UCG) can offer an economical approach for coal extraction. The intended overall process relies on coal deposit exploitation using directed drillings located at the coal seam base and the subsequent in situ coal conversion into a synthesis gas. The resulting synthesis gas is used for electricity generation in a combined cycle plant at the surface. A reduction of the CO2 emissions resulting from the combined process is realized by subsequent CO2 capture and its injection into the previously gasified coal seams. The scope of the present study was the investigation of UCG-CCS competitiveness on the European energy market and the determination of the impacting factors. For that purpose, a modular model for calculation of UCG-CCS electricity generation costs was implemented and adapted to the most relevant process parameters. Furthermore, the range of energy supply coverage was estimated based on different German energy generation scenarios.

  4. On the economic analysis of problems in energy efficiency: Market barriers, market failures, and policy implications

    International Nuclear Information System (INIS)

    Sanstad, A.H.; Koomey, J.G.; Levine, M.D.

    1993-01-01

    In his recent paper in The Energy Journal, Ronald Sutherland argues that several so-called ''market barriers'' to energy efficiency frequently cited in the literature are not market failures in the conventional sense and are thus irrelevant for energy policy. We argue that Sutherland has inadequately analyzed the idea of market barrier and misrepresented the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal of market barriers. We explore important methodological issues underlying the debate over market barriers, and discuss the importance of reconciling the findings of non-economic social sciences with the economic analysis of energy demand and consumer decision-making. We also scrutinize Sutherland's attempt to apply finance theory to rationalize high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate

  5. On the economic analysis of problems in energy efficiency: Market barriers, market failures, and policy implications

    Energy Technology Data Exchange (ETDEWEB)

    Sanstad, A.H.; Koomey, J.G.; Levine, M.D.

    1993-01-01

    In his recent paper in The Energy Journal, Ronald Sutherland argues that several so-called ``market barriers`` to energy efficiency frequently cited in the literature are not market failures in the conventional sense and are thus irrelevant for energy policy. We argue that Sutherland has inadequately analyzed the idea of market barrier and misrepresented the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal of market barriers. We explore important methodological issues underlying the debate over market barriers, and discuss the importance of reconciling the findings of non-economic social sciences with the economic analysis of energy demand and consumer decision-making. We also scrutinize Sutherland`s attempt to apply finance theory to rationalize high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate.

  6. Introduction : Energy economics and financial markets

    NARCIS (Netherlands)

    Simpson, John L.; Westerman, Wim; Dorsman, André

    2015-01-01

    Energy issues feature frequently in the economic and financial press. It is argued that the importance of energy production, consumption and trade and raises fundamental economic issues that impact the global economy and financial markets. Specific examples of daily energy issues stem from various

  7. Renewable energy sources. Transformation of the Energy Market; Foernybara Energikaellor. Hela elmarknaden i foeraendring

    Energy Technology Data Exchange (ETDEWEB)

    2009-03-15

    This report describes and analyzes renewable energy seen as emerging markets, focusing on wind, solar and wave power. The conclusions are that: Wind and solar energy has reached critical mass. They are already large markets, and has a high growth rate. There are growth areas that may become among the world's largest industries in the future. This summary report and the underlying studies of wind, solar and wave power show that there is a large potential market for renewable energy sources. Wind power is already a market worth around 36.5 billion Euro. Solar energy is growing strongly and solar cells in 2008 had a market worth around 24 billion Euro. Wave power is at present a very small market and the in the actual development stage the potential of wave power is uncertain. But if the wave would become commercially viable, it could represent a significant part of the world's energy capacity, with associated large investments. In the foreseeable future, all areas have a continuing need for public support to be commercially viable. Despite the already extensive market renewable energy sources represent a relatively small share of energy and electricity in the world. For large-scale electricity generation, there is still a need for public support. Renewable energy means new business opportunities that fundamentally can change structure and competition in the electricity market. A potential of this magnitude involves major business opportunities for involved companies, but also challenges. There are several factors affecting this development, Such as new technology, deregulation, support systems and consumer preferences. The growth of renewable energy sources is not only a question of technical development and relative prices of a homogeneous product, but a question of which actors and business models that will be viable in a rapidly changing market. Swedish industry is well placed to benefit from the growing markets. Many Swedish companies have significant

  8. Energy and commodities market; Energie- und Rohstoffmaerkte

    Energy Technology Data Exchange (ETDEWEB)

    Bokermann, Marcus; Prass, Markus [Vattenfall Markets, Berlin (Germany)

    2015-07-01

    The electricity markets in Central and Western Europe and in the nordic countries have further shown weak in 2014 with falling prices. The key factors were the declining quotations for coal and natural gas and the warm weather. Another driver was the growth of renewable energy. In the power markets conditions remained mostly an oversupply. The upward trending prices on the CO{sub 2} emissions market were not formative enough to turn the market sentiment. They only caused for volatility during the year. [German] Die Strommaerkte in Mittel- und Westeuropa sowie in den nordischen Laendern haben sich auch im Jahr 2014 weiterhin schwach bei fallenden Preisen gezeigt. Die wesentlichen Einflussfaktoren waren die sinkenden Notierungen fuer Steinkohle und Erdgas sowie das warme Wetter. Ein weiterer Treiber war das Wachstum der erneuerbaren Energien. Auf den Strommaerkten herrschte weiterhin ueberwiegend ein Ueberangebot. Die aufwaerts tendierenden Preise auf dem CO{sub 2}-Emissionsmarkt waren nicht praegend genug, um die Marktstimmung zu drehen. Sie sorgten lediglich fuer Volatilitaet im Jahresverlauf.

  9. Energy market barometer report 1 - Fall 2013

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cateura, Olivier; Faure, Corinne; Molecke, Greg; Olsthoorn, Mark; Pinkse, Jonatan; Vernay, Anne-Lorene

    2014-01-01

    The Grenoble Ecole de Management (GEM) Energy Market Barometer Report aims to track the key trends and challenges of the energy market, on a regular basis, in collaboration with the 'ZEW', the Center for European Economic Research. This edition analyses the expectations of the energy market experts on the role of shale gas, the future electricity mix in France, and the development of energy prices. Key findings: - Two out of three experts believe that exploring shale gas will be authorized in France in the future; - It will take France approximately 30 years to meet the government's goal of reducing the share of nuclear power in the electricity mix from 76% (current) to 50%; - Most experts believe the prices for electricity, gas, oil, coal and CO_2 certificates will remain relatively stable over the next 6 months, but they will increase over the next 5 years

  10. The market of natural gas for the power plant sector under the obligation of CO{sub 2} reduction. A model supported analysis of the European energy market; Der Erdgasmarkt fuer den Kraftwerkssektor unter CO{sub 2}-Minderungsverpflichtungen. Eine modellgestuetzte Analyse des europaeischen Energiemarktes

    Energy Technology Data Exchange (ETDEWEB)

    Perlwitz, Holger

    2007-02-12

    The contribution under consideration describes the development of a certificate market model for natural gas, electricity and carbon dioxide for the analysis of the significance of the natural gas market for power stations under the obligation of the reduction of carbon dioxide. The author of this contribution develops the integrated PERSEUS EEM model. Thus, strategic questions in the European energy sector can be analyzed quantitatively by means of the multi periodical linear optimization. Russia, Algeria and Norway dominate in the offer of natural gas in Europe. The use of gas-fired power stations is the most important strategy for the reduction of the emissions of carbon dioxide. The comparison of the generation of current from natural gas for the scenario EuETS with the scenario NoETS shows a higher generation of electricity from natural gas in the scenario EuETS. Within the time period of consideration, France, Great Britain, Poland and Czech Republic are the largest supplier of CO{sub 2} emission trading in the scenario EuETS. With this model, substantial fundamental connections of the markets for natural gas, electricity and CO{sub 2} certificate could be analyzed simultaneously for the first time.

  11. European energy markets deregulation observatory. Winter 2002/2003 period

    International Nuclear Information System (INIS)

    Anon.

    2004-01-01

    Launched in 2002, the European energy markets deregulation observatory (EEMDO/OELME) aims at actualizing the main energy market indicators and at observing the advance of deregulation within the European countries. While for most of these markets, the deregulation of electricity has preceded the deregulation of gas, the natural gas market is at the evidence a key-market in Europe. For this reason, the 4. edition of the observatory (October 2003) takes into consideration for the first time the specific elements of gas markets, in addition to those of electricity markets. This article presents some excerpts of this last edition, published by Cap Gemini Ernst and Young, and synthesizes the present day situation of gas supplies and the conditions of network access by third parties. The informations reported in the EEMDO come from organizations like UCTE, Nordel, Eurelectric or from energy stock exchanges. (J.S.)

  12. Renewable energy sources offering flexibility through electricity markets

    DEFF Research Database (Denmark)

    Soares, Tiago

    governments. Renewable energy sources are characterized by their uncertain and variable production that limits the current operation and management tools of the power system. Nevertheless, recent developments of renewable energy technologies enable these resources to provide, to some extent, ancillary......All over the world, penetration of renewable energy sources in power systems has been increasing, creating new challenges in electricity markets and for operation and management of power systems, since power production from these resources is by nature uncertain and variable. New methods and tools...... in both energy and reserve markets. In this context, the main contribution of this thesis is the design and development of optimal offering strategies for the joint participation of renewables in the energy and reserve markets. Two distinct control policies for the splitting of available wind power...

  13. Evaluation of NEB energy markets and supply monitoring function

    International Nuclear Information System (INIS)

    2003-09-01

    Canada's National Energy Board regulates the exports of oil, natural gas, natural gas liquids and electricity. It also regulates the construction, operation and tolls of international and interprovincial pipelines and power lines. It also monitors energy supply and market developments in Canada. The Board commissioned an evaluation of the monitoring function to ensure the effectiveness and efficiency of the monitoring activities, to identify gaps in these activities and to propose recommendations. The objectives of the monitoring mandate are to provide Canadians with information regarding Canadian energy markets, energy supply and demand, and to ensure that exports of natural gas, oil, natural gas liquids and electricity do not occur at the detriment of Canadian energy users. The Board ensures that Canadians have access to domestically produced energy on terms that are as favourable as those available to export buyers. The following recommendations were proposed to improve the monitoring of energy markets and supply: (1) increase focus and analysis on the functioning of gas (first priority) and other commodity markets, (2) increase emphasis on forward-looking market analysis and issue identification, (3) demonstrate continued leadership by encouraging public dialogue on a wide range of energy market issues, (4) improve communication and increase visibility of the NEB within the stakeholder community, (5) build on knowledge management and organizational learning capabilities, (6) improve communication and sharing of information between the Applications and Commodities Business Units, and (7) enhance organizational effectiveness of the Commodities Business Unit. figs

  14. On the economic analysis of problems in energy efficiency: Market barriers, market failures, and policy implications

    Energy Technology Data Exchange (ETDEWEB)

    Sanstad, A.H.; Koomey, J.G.; Levine, M.D.

    1993-01-01

    In his recent paper in The Energy Journal, Ronald Sutherland argues that several so-called market barriers'' to energy efficiency frequently cited in the literature are not market failures in the conventional sense and are thus irrelevant for energy policy. We argue that Sutherland has inadequately analyzed the idea of market barrier and misrepresented the policy implications of microeconomics. We find that economic theory, correctly interpreted, does not provide for the categorical dismissal of market barriers. We explore important methodological issues underlying the debate over market barriers, and discuss the importance of reconciling the findings of non-economic social sciences with the economic analysis of energy demand and consumer decision-making. We also scrutinize Sutherland's attempt to apply finance theory to rationalize high implicit discount rates observed in energy-related choices, and find this use of finance theory to be inappropriate.

  15. Energy market integration in South America

    International Nuclear Information System (INIS)

    Hammons, T.J.; Franco, N. de; Sbertoli, L.V.; Khelil, C.; Rudnick, H.; Clerici, A.; Longhi, A.

    1997-01-01

    This article is a summary of presentations made during the 1997 Winter Meeting panel session on Power and Natural Gas in Latin America: Towards an Integrated Market. Reregulation and demand for energy resources to support economic growth are driving international natural gas and electricity exchange initiatives. Panelists focused on the gas and electric power industry in Latin America in terms of the: transport of gas or transmission of electricity; energy market integration in the southern cone of South America; and issues on gas use for electricity generation in South America countries. Countries such as Argentina, Bolivia, and Peru will export natural gas to Brazil, Uruguay, Paraguay and Chile, an the energy matrices of these countries will change

  16. Medium-Term Renewable Energy Market Report 2013: Market trends and projections to 2018

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-06-01

    Renewable electricity generation increased strongly worldwide in 2012, and deployment is occurring in a greater number of markets. However, the story of renewable energy development is becoming more complex. Short-term indicators in some regions of the globe have pointed to increased challenges. Despite remaining high, global new investment in renewable energy fell in 2012. Policy uncertainties, economic challenges, incentive reductions and competition from other energy sources clouded the investment outlook for some markets. Some countries and regions have faced difficulties in integrating variable renewables in their power grids. The renewable manufacturing industry, particularly solar and wind, entered a deeper period of restructuring and consolidation. Nevertheless, despite economic, policy and industry turbulence, the underlying fundamentals for renewable deployment remain robust. Even with challenges in some countries, more positive developments elsewhere continue to drive global growth. Competitive opportunities for renewables are emerging across traditional and new markets. While OECD countries remain a driver of renewable power development, non-OECD countries are increasingly accounting for overall growth. The roles of biofuels for transport and renewable heat are also increasing, though at somewhat slower rates than renewable electricity. The Medium-Term Renewable Energy Market Report 2013 assesses market trends for the renewable electricity, biofuels for transport and renewable heat sectors, identifying drivers and challenges to deployment, and making projections through 2018. The analysis features in-depth renewable electricity market analysis and forecasts for a slate of countries in the OECD and non-OECD. The report also presents an outlook for renewable electricity technologies, global biofuels supply, final energy use of renewables for heat and prospects for renewable investment.

  17. New Lens Scenarios. A Shift in Perspective for a World in Transition

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-02-15

    With the world's population headed toward 9 billion at mid-century and millions of people climbing out of poverty, global energy demand could increase by as much as 80% by 2050. That's according to Shell's latest scenarios, which look at trends in the economy, politics and energy in considering developments over the next half a century. The first scenario (Mountains) sees a strong role for government and the introduction of firm and far-reaching policy measures. These help to develop more compact cities and transform the global transport network. New policies unlock plentiful natural gas resources - making it the largest global energy source by the 2030s - and accelerate carbon capture and storage technology, supporting a cleaner energy system. The second scenario (Oceans) describes a more prosperous and volatile world. Energy demand surges, due to strong economic growth. Power is more widely distributed and governments take longer to agree major decisions. Market forces rather than policies shape the energy system: oil and coal remain part of the energy mix but renewable energy also grows. By the 2070s solar becomes the world's largest energy source.

  18. New Lens Scenarios. A Shift in Perspective for a World in Transition

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-02-15

    With the world's population headed toward 9 billion at mid-century and millions of people climbing out of poverty, global energy demand could increase by as much as 80% by 2050. That's according to Shell's latest scenarios, which look at trends in the economy, politics and energy in considering developments over the next half a century. The first scenario (Mountains) sees a strong role for government and the introduction of firm and far-reaching policy measures. These help to develop more compact cities and transform the global transport network. New policies unlock plentiful natural gas resources - making it the largest global energy source by the 2030s - and accelerate carbon capture and storage technology, supporting a cleaner energy system. The second scenario (Oceans) describes a more prosperous and volatile world. Energy demand surges, due to strong economic growth. Power is more widely distributed and governments take longer to agree major decisions. Market forces rather than policies shape the energy system: oil and coal remain part of the energy mix but renewable energy also grows. By the 2070s solar becomes the world's largest energy source.

  19. Smart market. From smart grid to the intelligent energy market; Smart Market. Vom Smart Grid zum intelligenten Energiemarkt

    Energy Technology Data Exchange (ETDEWEB)

    Aichele, Christian [Hochschule Kaiserslautern, Zweibruecken (Germany). Fachbereich Betriebswirtschaft; Doleski, Oliver D. (ed.)

    2014-07-01

    Dare more market. - The design of this postulate provides an important contribution to the success of the German energy transition. The Bundesnetzagentur has shown with its highly regarded benchmark paper on smart grids and markets leads the way towards more market in the energy sector. The therein required differentiation in a network and market sphere contributes to greater transparency on the consumer side and enables a gid releaving shift in energy consumption. The book focuses on actors and roles in the modified market circumstances as well as components and products of a future Smart Markets. Finally, to the reader concrete business models are offered. Authors from science and practice give in this book answers on how the interaction of Smart Grid and Smart Market works. [German] Mehr Markt wagen. - Die Ausgestaltung dieses Postulats liefert einen wichtigen Beitrag zum Gelingen der deutschen Energiewende. Die Bundesnetzagentur hat mit ihrem vielbeachteten Eckpunktepapier zu intelligenten Netzen und Maerkten diesen Weg in Richtung mehr Markt in der Energiewirtschaft gewiesen. Die darin geforderte Differenzierung in eine Netz- und Marktsphaere traegt zu mehr Transparenz auf der Verbraucherseite bei und ermoeglicht eine netzentlastende Verlagerung des Energieverbrauchs. Das Buch beleuchtet Akteure und Rollen im geaenderten Marktumfeld ebenso wie Komponenten und Produkte eines zukuenftigen Smart Markets. Schliesslich werden dem Leser konkrete Geschaeftsmodelle angeboten. Autoren aus Wissenschaft und Praxis geben in diesem Buch Antworten darauf, wie das Zusammenspiel von Smart Grid und Smart Market funktioniert.

  20. TECHNOLOGICAL SCENARIOS TO THE DEMAND FOR SUGARCANE

    Directory of Open Access Journals (Sweden)

    Ana Paula Franco Paes Leme Barbosa

    2012-06-01

    Full Text Available From the first decade of the 2000s, it is clear that there is an increase in discussions involving sustainability, including the bioenergy issue, to which Brazil has drawn the attention due to advances in the ethanol industry. Advances in engine technology reflected new opportunities for this industry and, according to the Ten-Year Energy Plan for 2019 developed by the Ministry of Mines and Energy, there is an expected increase in demand for ethanol of 90% by 2019 (Brazil, 2010. However, new technologies for the conversion and use of sugarcane and the complex context of this industry add uncertainties to this sector. Aiming to discuss and include the uncertainties on the agenda of this industry, this study proposes to elaborate and discuss prospective scenarios to the demand for sugarcane. Four scenarios with different perspectives of technological advance and market development were elaborated and discussed in the conclusion.

  1. Price determinants of the European carbon market and interactions with energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Schumacher, Katja; Cludius, Johanna; Matthes, Felix [Oeko Institut e.V., Berlin (Germany); Diekmann, Jochen; Zaklan, Aleksandar [Deutsches Institut fuer Wirtschaftsforschung, Berlin (Germany); Schleich, Joachim [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany)

    2012-06-15

    This report explores the determinants of short run price movements in the carbon market and their interaction with energy markets, in particular with the electricity market. Focusing on Phase 2 of the EU ETS we conduct econometric time series analysis based on continental EU and UK market data. Our findings suggest that market fundamentals have a dominant effect on the EUA price, but that non-fundamental factors may also play a role. We further found that the electricity price has a significant positive impact on the carbon price in the short run.

  2. Asia's growing role in the global energy markets

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    Three articles are drawn together in this special Petroleum Economist survey on the growing role played by Asian countries in global energy markets, both as world gas suppliers and as important markets for various oil products. The first looks at independent storage in the Asian countries in global energy markets, both as world gas suppliers and as important markets for various oil products. The first looks at independent storage in the Asian Pacific area; the second describes the growth of Asia's natural gas industry and the third item celebrates the product surplus produced due to recent refinery expansion programs. (UK)

  3. Use of Danish Heat Atlas and energy system models for exploring renewable energy scenarios

    DEFF Research Database (Denmark)

    Petrovic, Stefan; Karlsson, Kenneth Bernard

    2013-01-01

    networks in relation with significant heat saving measures that are capital intensive infrastructure investments require highly detailed decision - support tools. The Heat Atlas for Denmark provides a highly detailed database and includes heat demand and possible heat savings for about 2.5 million...... buildings with associated costs included. Energy systems modelling tools that incorporate economic, environmental, energy and engineering analysis of future energy systems are considered crucial for quantitative assessment of transitional scenarios towards future milestones, such as (i) EU 2020 goals...... of reducing greenhouse gas emissions, increasing share of renewable energy and improving energy efficiency and (ii) Denmark’s 2050 goals of covering entire energy supply by renewable energy. Optimization and simulation energy system models are currently used in Denmark. The present paper tends to provide...

  4. European energy market liberalisation and integration. An assesment of the new EU energy package

    International Nuclear Information System (INIS)

    De Joode, J.; Van Oostvoorn, F.

    2008-06-01

    The new energy package presented by the European Commission (EC) in September 2007 contains a number of diverse, and sometimes controversial, measures aimed at bringing current European energy markets closer to the ideal of one competitive and fully integrated market. We discuss the flaws and merits of the package and signal a number of concerns regarding the ultimate effectiveness of the new energy market Directive into which the proposed package will culminate

  5. Market distortions and aggregate productivity: Evidence from Chinese energy enterprises

    International Nuclear Information System (INIS)

    Dai, Xiaoyong; Cheng, Liwei

    2016-01-01

    Market distortions can generate resource misallocations across heterogeneous firms and reduce aggregate productivity. This paper measures market distortions and aggregate productivity growth in China's energy sector. We use the wedge between output elasticities and factor shares in revenues to recover a measure of firm-level market distortions. Using data on a large sample of Chinese energy enterprises from 1999 to 2007, our estimations provide strong evidence of the existence of both factor and product market distortions within and across China's various energy industries. The productivity aggregation and decomposition results demonstrate that the estimated aggregate productivity growth (APG) is, on average, 2.595% points per year, of which technological change, resource reallocation, and firm entries and exits account for 1.981, 0.068, and 0.546% points, respectively. The weak contributions of resource reallocation and firm turnover to APG are also found in energy sub-industries, except in the coal industry. Our research suggests that China's energy sector has major potential for productivity gains from resource reallocation through the reduction of market distortions. - Highlights: •We estimate market distortions and productivity growth of China's energy sector. •We use a large sample of Chinese energy enterprises. •There are evidences of the existence of factor and product market distortions. •Aggregate productivity growth is largely driven by firm-level technological change. •China's energy sector can realize productivity gains from resource reallocations.

  6. Analysis of the Russian Market for Building Energy Efficiency

    Energy Technology Data Exchange (ETDEWEB)

    Lychuk, Taras; Evans, Meredydd; Halverson, Mark A.; Roshchanka, Volha

    2012-12-01

    This report provides analysis of the Russian energy efficiency market for the building sector from the perspective of U.S. businesses interested in exporting relevant technologies, products and experience to Russia. We aim to help U.S. energy efficiency and environmental technologies businesses to better understand the Russian building market to plan their market strategy.

  7. Scenarios of energy demand and efficiency potential for Bulgaria

    Energy Technology Data Exchange (ETDEWEB)

    Tzvetanov, P.; Ruicheva, M.; Denisiev, M.

    1996-12-31

    The paper presents aggregated results on macroeconomic and final energy demand scenarios developed within the Bulgarian Country Study on Greenhouse Gas Emissions Mitigation, supported by US Country Studies Program. The studies in this area cover 5 main stages: (1) {open_quotes}Baseline{close_quotes} and {open_quotes}Energy Efficiency{close_quotes} socioeconomic and energy policy philosophy; (2) Modeling of macroeconomic and sectoral development till 2020; (3) Expert assessments on the technological options for energy efficiency increase and GHG mitigation in the Production, Transport and Households and Services Sectors; (4) Bottom-up modeling of final energy demand; and (5) Sectoral and overall energy efficiency potential and policy. Within the Bulgarian Country Study, the presented results have served as a basis for the final integration stage {open_quotes}Assessment of the Mitigation Policy and Measures in the Energy System of Bulgaria{close_quotes}.

  8. A renewable energy and hydrogen scenario for northern Europe

    DEFF Research Database (Denmark)

    Sørensen, Bent

    2008-01-01

    renewable energy supply system is demonstrated with the use of the seasonal reservoir-based hydrocomponents in the northern parts of the region. The outcome of the competition between biofuels and hydrogen in the transportation sector is dependent on the development of viable fuel cells and on efficient......A scenario based entirely on renewable energy with possible use of hydrogen as an energy carrier is constructed for a group of North European countries. Temporal simulation of the demand-supply matching is carried out for various system configurations. The role of hydrogen technologies for energy...... of energy trade between the countries, due to the different endowments of different countries with particular renewable energy sources, and to the particular benefit that intermittent energy sources, such as wind and solar, can derive from exchange of power. The establishment of a smoothly functioning...

  9. Green power: A renewable energy resources marketing plan

    International Nuclear Information System (INIS)

    Barr, R.C.

    1997-01-01

    Green power is electricity generated from renewable energy sources such as power generated from the sun, the wind, the heat of the earth, and biomass. Green pricing is the marketing strategy to sell green power to customers who voluntarily pay a premium for it. Green pricing is evolving from the deregulation of the electric industry, the need for clean air, reflected in part as concern over global warming, and technology advances. The goal of the renewable energy marketing plan is to generate enough revenues for a utility to fund power purchase agreements (PPAs) with renewable energy developers or construct its own renewable facilities. Long-term, fixed price PPAs enable developers to obtain financing to construct new facilities, sometimes taking technological risks which a utility might not take otherwise. The marketing plan is built around different rate premiums for different categories of ratepayers, volunteer customer participation, customer participation recognition, and budget allocations between project costs and power marketing costs. Green prices are higher than those for conventional sources, particularly prices from natural gas fired plants. Natural gas is abundant relative to oil in price per British thermal unit (Btu). Green pricing can help bridge the gap between the current oversupply of gas and the time, not far off, when all petroleum prices will exceed those for renewable energy. The rapid implementation of green pricing is important. New marketing programs will bolster the growing demand for renewable energy evidenced in many national surveys thus decreasing the consumption of power now generated by burning hydrocarbons. This paper sets forth a framework to implement a green power marketing plan for renewable energy developers and utilities working together

  10. Wind offering in energy and reserve markets

    DEFF Research Database (Denmark)

    Soares, Tiago; Pinson, Pierre; Morais, Hugo

    2016-01-01

    The increasing penetration of wind generation in power systems to fulfil the ambitious European targets will make wind power producers to play an even more important role in the future power system. Wind power producers are being incentivized to participate in reserve markets to increase...... their revenue, since currently wind turbine/farm technologies allow them to provide ancillary services. Thus, wind power producers are to develop offering strategies for participation in both energy and reserve markets, accounting for market rules, while ensuring optimal revenue. We consider a proportional...... offering strategy to optimally decide upon participation in both markets by maximizing expected revenue from day-ahead decisions while accounting for estimated regulation costs for failing to provide the services. An evaluation of considering the same proportional splitting of energy and reserve in both...

  11. Advertising, marketing and purchase behavior for energy-related products

    Energy Technology Data Exchange (ETDEWEB)

    Tiedemann, K.; Nelson, D.

    1998-07-01

    Energy conservation programs have relied heavily on incentives and regulatory standards to reduce residential energy consumption. However, in the changing market environment characterized by competitive pressures, alternative mechanisms such as marketing and promotions may increase substantially in importance compared to the demand-side management programs which have been the focus of most research. This paper describes the role of marketing and promotions in encouraging energy efficiency at the household level in British Columbia. The paper examines three related issues: first, the purchase process for energy-related products; second, the criteria used by customers in making purchase decisions; and third, the impact and effectiveness of alternative marketing tools. A key finding is the energy-related purchases do not fall into the impulse purchase category. There are two reasons for this: first, most of these products require installation and this requires a high level of commitment on the part of the purchaser; second, many energy-related products require a significant outlay of funds and this reduces impulse buying.

  12. Promoting Decentralized Sustainable Energy Systems in Different Supply Scenarios: The Role of Autarky Aspiration

    International Nuclear Information System (INIS)

    Ecker, Franz; Hahnel, Ulf J. J.; Spada, Hans

    2017-01-01

    The development of decentralized renewable energy systems is of crucial importance for the decarbonization of energy generation worldwide. Purchase decisions regarding innovative energy systems depend to some extent on consumers’ perception of the systems’ degree of autarky. We assumed that, in addition to the energetic perspective, consumers associate other non-energetic facets such as independence, autonomy, self-sufficiency, or control with the concept of autarky. These psychological facets of autarky were expected to contribute to purchase decisions. In Study 1, participants (N = 168) evaluated three future energy supply scenarios. The scenarios varied regarding their range of autarky (household/neighborhood/small town), but the individually realized degree of energetic autarky did not vary. Participants reported a higher willingness to pay in connection with a higher perceived psychological autarky for the Household Scenario. Study 1’s findings were confirmed by Study 2, in which qualitative interviews (N = 13) also revealed that participants favored the Household Scenario on several points. These evaluations were driven by the anticipated psychological facets of autarky that is the subjective perception of being independent, autonomous, self-sufficient, energy secure, and of control. To promote an adoption of renewable energy systems, these psychological autarky facets need to be addressed. Enabling the people to self-determine, control, and secure their energy provision even in complex organizational settings in such a manner is likely to increase their acceptance and therefore foster the required social transition as a whole.

  13. Promoting Decentralized Sustainable Energy Systems in Different Supply Scenarios: The Role of Autarky Aspiration

    Directory of Open Access Journals (Sweden)

    Franz Ecker

    2017-07-01

    Full Text Available The development of decentralized renewable energy systems is of crucial importance for the decarbonization of energy generation worldwide. Purchase decisions regarding innovative energy systems depend to some extent on consumers’ perception of the systems’ degree of autarky. We assumed that, in addition to the energetic perspective, consumers associate other non-energetic facets such as independence, autonomy, self-sufficiency, or control with the concept of autarky. These psychological facets of autarky were expected to contribute to purchase decisions. In Study 1, participants (N = 168 evaluated three future energy supply scenarios. The scenarios varied regarding their range of autarky (household/neighborhood/small town, but the individually realized degree of energetic autarky did not vary. Participants reported a higher willingness to pay in connection with a higher perceived psychological autarky for the Household Scenario. Study 1’s findings were confirmed by Study 2, in which qualitative interviews (N = 13 also revealed that participants favored the Household Scenario on several points. These evaluations were driven by the anticipated psychological facets of autarky that is the subjective perception of being independent, autonomous, self-sufficient, energy secure, and of control. To promote an adoption of renewable energy systems, these psychological autarky facets need to be addressed. Enabling the people to self-determine, control, and secure their energy provision even in complex organizational settings in such a manner is likely to increase their acceptance and therefore foster the required social transition as a whole.

  14. Promoting Decentralized Sustainable Energy Systems in Different Supply Scenarios: The Role of Autarky Aspiration

    Energy Technology Data Exchange (ETDEWEB)

    Ecker, Franz, E-mail: franz.ecker@psychologie.uni-freiburg.de [Cognition, Action and Sustainability Unit, Department of Psychology, Albert-Ludwigs University of Freiburg, Freiburg (Germany); Hahnel, Ulf J. J. [Consumer Decision and Sustainable Behavior Lab, Department of Psychology, University of Geneva, Geneva (Switzerland); Spada, Hans [Cognition, Action and Sustainability Unit, Department of Psychology, Albert-Ludwigs University of Freiburg, Freiburg (Germany)

    2017-07-10

    The development of decentralized renewable energy systems is of crucial importance for the decarbonization of energy generation worldwide. Purchase decisions regarding innovative energy systems depend to some extent on consumers’ perception of the systems’ degree of autarky. We assumed that, in addition to the energetic perspective, consumers associate other non-energetic facets such as independence, autonomy, self-sufficiency, or control with the concept of autarky. These psychological facets of autarky were expected to contribute to purchase decisions. In Study 1, participants (N = 168) evaluated three future energy supply scenarios. The scenarios varied regarding their range of autarky (household/neighborhood/small town), but the individually realized degree of energetic autarky did not vary. Participants reported a higher willingness to pay in connection with a higher perceived psychological autarky for the Household Scenario. Study 1’s findings were confirmed by Study 2, in which qualitative interviews (N = 13) also revealed that participants favored the Household Scenario on several points. These evaluations were driven by the anticipated psychological facets of autarky that is the subjective perception of being independent, autonomous, self-sufficient, energy secure, and of control. To promote an adoption of renewable energy systems, these psychological autarky facets need to be addressed. Enabling the people to self-determine, control, and secure their energy provision even in complex organizational settings in such a manner is likely to increase their acceptance and therefore foster the required social transition as a whole.

  15. Certifying Industrial Energy Efficiency Performance: AligningManagement, Measurement, and Practice to Create Market Value

    Energy Technology Data Exchange (ETDEWEB)

    McKane, Aimee; Scheihing, Paul; Williams, Robert

    2007-07-01

    More than fifteen years after the launch of programs in theU.K. and U.S., industry still offers one of the largest opportunities forenergy savings worldwide. The International Energy Agency (IEA) estimatesthe savings potential from cost-optimization of industrial motor-drivensystems alone at 7 percent of global electricity use. The U.S. Departmentof Energy (USDOE) Industrial Technologies Program estimates 7 percentsavings potential in total US industrial energy use through theapplication of proven best practice. Simple paybacks for these types ofprojects are frequently two years or less. The technology required toachieve these savings is widely available; the technical skills requiredto identify energy saving opportunities are known and transferable.Although programs like USDOE's Best Practices have been highlysuccessful, most plants, as supported by 2002 MECS data, remain eitherunaware or unmotivated to improve their energy efficiency--as evidencedby the 98 percent of US industrial facilities reporting to MECS say thatthey lack a full-time energy manager. With the renewed interest in energyefficiency worldwide and the emergence of carbon trading and newfinancial instruments such as white certificates1, there is a need tointroduce greater transparency into the way that industrial facilitiesidentify, develop, and document energy efficiency projects. Historically,industrial energy efficiency projects have been developed by plantengineers, frequently with assistance from consultants and/or supplierswith highly specialized technical skills. Under this scenario,implementation of energy efficiency improvements is dependent onindividuals. These individuals typically include "champions" within anindustrial facility or corporation, working in cooperation withconsultants or suppliers who have substantial knowledge based on years ofexperience. This approach is not easily understood by others without thisspecialized technical knowledge, penetrates the market fairly slowly

  16. Trends in the development of energy markets

    International Nuclear Information System (INIS)

    Penkov, P.; Donchev, A.; Stefanova, E.

    2000-01-01

    The 20th annual energy symposium (7-8 Dec., 1999, Houston) has been organized by 'Arthur Andersen' company. The main subjects presented are: research, monitoring and assessment of the market risk by BUMP system; electro-energy systems development; energy markets transformation including their liberalization and convergence; necessity of investment capital and possibilities for its effective increasing; structural reform in electric energy sector, in accordance with the European requirements. A review on the achievements and problems in the energy field in the Central and Eastern European countries during the years after the democratic changes is presented at the round table discussion. It is outlined the significance of the operating energy laws in this countries and increasing productivity, and efficiency of the former government electricity companies for the development of corporations. The process of transformation and privatization in some countries in Central and Eastern Europe: Hungary, Poland, Romania, Czech Republic, Latvia, Lithuania is analyzed. As a result of the reports delivered at the 20th yearly symposium, conclusions are made that even in the developed countries the production competition gets into trouble. The right field of market competition in electric-energy field isn't a struggle for production but it is a struggle for investments

  17. Use of derivative instruments to integrate renewable energies into the electricity market

    International Nuclear Information System (INIS)

    Hartmann, Kilian; Nelles, Michael; Candra, Dodiek Ika

    2017-01-01

    The implementation of renewable energies to the electricity market is inefficient and expensive with current measures. Further these measures are prejudicial for the existing energy-only-market. The combination of fluctuating and controllable renewable powers in virtual power plants enables the marketing of this power as a derivate on the future market. Thus would relieve the spot market and stabilize pricing on both markets. Subsequently the renewable energy obligation will reduce and renewable energies could be marketed as secured power.

  18. Vision document Energy Market Concentrations

    International Nuclear Information System (INIS)

    De Maa, J.; Van Gemert, M.; Giesbertz, P.; Vermeulen, M.; Beusmans, P.; Te Velthuis, M.; Drahos, M.

    2006-11-01

    June 2006 the second consultation document of the Netherlands Competition Authority (NMa) on the title subject (the first was in 2002) was published. The purpose of the consultation is to involve all the relevant and interested parties in the development of the energy market in the Netherlands and to consult those parties on studies that have been carried out by the NMa so far: (1) defining (possible) relevant markets in the electricity sector, and (2) the vision and opinion of the NMa with respect to mergers and take-overs. Also, the consultation document is a contribution to the response of the letter from the Dutch Minister of Economic Affairs of May 2005 in which the NMa was requested to give an overview of the preconditions with regard to competition and it's legal aspects. In this vision document all the relevant parties and stakeholders are informed about the development of energy markets in the Netherlands and abroad. Also an overview is given of the reactions from many stakeholders, involved and interested parties. [nl

  19. Electricity markets evolution with the changing generation mix: An empirical analysis based on China 2050 High Renewable Energy Penetration Roadmap

    International Nuclear Information System (INIS)

    Zou, Peng; Chen, Qixin; Yu, Yang; Xia, Qing; Kang, Chongqing

    2017-01-01

    Penetration Scenario and Roadmap Study, empirical analysis is performed to identify the impacts of the changing generation mix on electricity markets and power industry. The energy storage systems are specifically analysed and compared to reveal their impacts on the profit structures of various generators.

  20. Scenarios for a Clean Energy Future: Interlaboratory Working Group on Energy-Efficient and Clean-Energy Technologies

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    2000-12-18

    This study estimates the potential for public policies and R and D programs to foster clean energy technology solutions to the energy and environmental challenges facing the nation. These challenges include global climate change, air pollution, oil dependence, and inefficiencies in the production and use of energy. The study uses a scenario-based approach to examine alternative portfolios of public policies and technologies. Although the report makes no policy recommendations, it does present policies that could lead to impressive advances in the development and deployment of clean energy technologies without significant net economic impacts. Appendices are available electronically at: www.nrel.gov/docs/fy01osti/29379appendices.pdf (6.4 MB).