WorldWideScience

Sample records for energy market stakes

  1. 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.)

  2. New and renewable energies. Stakes, driving forces and perspectives of the renewable energies market

    International Nuclear Information System (INIS)

    2000-09-01

    New and renewable energies (hydro-power, wind-power, solar, biomass, biogas, geothermal and fuel cells) are progressively entering the industrialization phase (except for hydro-power which is already largely developed). Thus they are no more considered as solutions for utopian ecologists but have reached the status of alternative technologies. This study takes stock of the following questions: what are the applications of renewable energies, what is their stage of development and their potential with respect to fossil fuels, what are their perspectives of development, and what are the strategies developed by the actors of the sector? The main stakes of the renewable energy sector are: fulfilling the increasing power needs (in particular with the wind and solar power in isolated areas), improving the competitiveness (reduction of the investment costs), developing financial incentives (tax relief, financial helps, eco-taxes..), participating to the reduction of pollutant emissions. The renewable energy sector is progressively structuring and profits by the increasing implication of major energy actors, such as the oil companies. The behaviour and strategy of 14 major actors of the renewable energy sector is also analyzed. (J.S.)

  3. Stakes and impact of non conventional gases on the market energy

    International Nuclear Information System (INIS)

    2010-04-01

    This article presents the content of a market study which aimed at describing the boom of the market of non conventional gases in the USA (definition, reasons for quick development, competitiveness, growth perspectives), at understanding how and why theses gases are the new playground of oil and gas companies (actors in presence, positions held by independent operators, ambitions of major companies, question of the development of a European sector of non conventional gases), and at anticipating the changes of the energy production market (the emergence of this market in the USA is an acceleration and imbalance factor of the world market of natural gas, and non conventional gases may change the deal on energy markets)

  4. The market of energy storage. Stakes and perspectives by 2020 - Analysis of the competitive landscape

    International Nuclear Information System (INIS)

    2013-01-01

    Within a context of lack of regulatory framework, of existence of technological deadlocks, and of absence of any defined business model, this publication reports a study of the emerging market of energy storage. It examines the role public authorities can play to promote investments in this sector, what are the opportunities for operators, and which are the perspectives on the middle term for the French market. In order to highlight recent and future evolutions of stationary and embarked storage, the authors propose an analysis of the main market growth drivers and brakes, a focus on the impact of regulatory, legal, economic, tax-related, technological, and social-cultural factors on sector stakeholders. They also propose an overview of the market status for the cases of stationary and embarked storage, and of the main challenges for these both segments. A panorama of existing actors is given with an analysis of their position, strengths and weaknesses, and of the main axis of development for 4 categories of actors (industries, battery manufacturers, energy operators, and start ups)

  5. The opening of electricity markets: the stakes for the nuclear energy

    International Nuclear Information System (INIS)

    Maillard, M.

    2002-01-01

    This article is a reprint of the opening talk of M. Maillard, general director of DGEMP (general direction of energy and raw materials, French ministry of economy, finances and industry), given at the 2002 annual meeting of the French society of nuclear energy (SFEN). In his talk, M. Maillard presents, first, the international context of the liberalization of electricity markets (the lessons learnt after the Californian crisis, the situation of the existing nuclear park, the questions relative to the nuclear revival, the conditions of a conservation of the nuclear option beyond the existing facilities). Then he analyzes the French situation and its specificities (pluri-annual planning of investments, mastered liberalization and competitiveness of the nuclear energy, preparation of future date-lines in agreement with the decommissioning of the oldest PWR reactors). (J.S.)

  6. The energy stakes - After Fukushima. 2. ed.

    International Nuclear Information System (INIS)

    Iacona, Estelle; Taine, Jean; Tamain, Bernard

    2012-01-01

    The energy question today is worldwide and depends on major geopolitical stakes (demography, development, water, health, environment, research, risks). The energy must be universally produced and distributed together with minimizing pollutions, nuclear risks and CO 2 emissions. This new edition of 'the energy stakes' is fully updated and approaches some of the main questions that any responsible citizen should ask. It comprises 3 parts dealing with: a comprehensive review of the energy question in most of countries in the world, the constraints and challenges to take up to manage energy in an optimum way, and a prospective study about the control of energy consumption and about the existing technical solutions. (J.S)

  7. Marine renewable energies. Stakes and technical solutions

    International Nuclear Information System (INIS)

    Lacroix, Olivier; Macadre, Laura-Mae

    2012-05-01

    Marine renewable energies are able to supply carbon free energy from various ocean resources (tides, waves, currents, winds, salinity and temperature gradients). This sector, currently at an early stage of deployment, has good prospects of development in the coming years. ENEA releases a report on marine renewable energies giving a transversal vision of the associated stakes and prospects of development. Technical and economic characteristics, maturity level and specificities of each marine energy are analyzed. French and European sources of funding, regulatory framework and potential environmental and social impacts are also reported

  8. City and energy: which common stakes?

    International Nuclear Information System (INIS)

    Saujot, Mathieu; Peiffer-Smadja, Oceane; Renard, Vincent

    2014-01-01

    This publication proposes a synthesis of several issues addressed during sessions hold during a year. The addressed topics have been: the interactions between forms of urban development and energy transition, energetic vulnerability in relationship with mobility, the role and participation of inhabitants in the making of the city and in energy transition (the challenge of ways of life and usages in eco-districts), stakes and consequences of a more integrated urban production, the local governance of energy. Each of these topics is discussed, and the main lessons learned are highlighted

  9. Tomorrow's Energy Stakes

    International Nuclear Information System (INIS)

    Perrin, Francis

    2010-01-01

    Energy is certainly one of the primary sectors subjected to prospective analysis. Considering that world energy production is essentially based on fossil fuels, it is imperative that humanity uncovers new options and solutions. However, alternative energies remain underdeveloped, mainly because of their investment cost, but also because traditional energy represents an important source of income for certain companies and governments. In this article, Francis Perrin analyses global energy trends throughout the next decades (rise of the emerging countries' consumption, use of renewable energies and unconventional gas) and their impact on the energy market, the planet and in international relations

  10. Electric power from renewable energy: resources and stakes for France

    International Nuclear Information System (INIS)

    2001-01-01

    This paper presents the essential of the last thematic letter published by the IFEN (French institute of the environment), devoted to the resources and stakes of the electric power produced by the renewable energies in France. (A.L.B.)

  11. Energy storage. Stakes, technical solutions and valorization opportunities

    International Nuclear Information System (INIS)

    2012-03-01

    As a key factor to allow the continuous growth of renewable energies, energy storage technologies are now more than ever in the spotlight. In order to grasp the stakes, understand the technology diversity, learn relevant orders of magnitudes and comprehend the close intricacy of energy storage with energy and environmental issues, ENEA has published a detailed and well-documented publication on the subject

  12. Storage, a stake for renewable energies integration

    International Nuclear Information System (INIS)

    Grabette, Olivier

    2013-01-01

    Development of renewable energy sources is challenging the power system operation. Balancing consumption and generation at different times, from real time up to 10 years, with an increasing part of intermittent and fatal sources should indicate a clear route to storage development Up to now on opposite situation occurs. New storage project in Europe has been stopped because of missing business model, and there is no long term economical signal showing it could change in the near future. The capability to predict with a good accuracy, and share through the European transmission system the renewable production places storage in direct competition with other sources of flexibility. However, use case of storage is not limited to energy balancing. Ancillary services, connexion cost optimization, quality of supply are among other possible services offered by storage installation. For all of those, understanding technical requirements and economical issues is an initial condition to open a favourable game area for storage. Exploring new multi-service models through demonstrators, redesigning the electricity market in Europe are key initiatives to approach a new era for storage development. It doesn't prevent innovation to improve performance and reduce cost, an essential condition to give a chance for storage solution compared to other flexibility sources. (author)

  13. Colloquium on the stakes and new realities of renewable energies

    International Nuclear Information System (INIS)

    2001-01-01

    Today, renewable energies represent 23% of the French energy production and should become a real advantage to overcome the greenhouse effect stakes and to optimize the durable development policy. This book brings together the interventions of the different participants to this colloquium on renewable energies. The following aspects were covered: how to make renewable energies profitable in the framework of an industrial facility; which specific renewable energy models would allow to overcome the greenhouse effect stake; how emission permits can incite to the use of renewable energies and reduce the pollution tax amount; how to take advantage of the new wastes valorization techniques in the rationalization of energy expenses; advantages and limitations of renewable energies in the on-site energy optimization; opportunities and stakes of the climate risk for renewable energies; last developments of the national regulatory framework applicable to renewable energies; status and perspectives of the European directive project on renewable energies; the suitability of renewable energies with respect to the energy needs of the industry and tertiary sectors; how to insert renewable energies in a durable development policy; how to exploit the diversity of renewable energies in order to maximize their economical and environmental potentialities; how to integrate the solar thermal and photovoltaic energies in the framework of a global environmental policy. (J.S.)

  14. The future of the market of energy savings certificate (CEE) in France. Assessment of the first two periods and stakes for the third period (2014-2016)

    International Nuclear Information System (INIS)

    2012-11-01

    This article presents the content of a market study which aimed at understanding the operation of an innovating and complex arrangement, the energy saving certificate or CEE for certificat d'economie d'energie, which is a key instrument of the French energy efficiency policy, at assessing the actual success of its first two phases, at comparing strategies of historic actors in front of newcomers like fuel providers, at analysing the impact of the CEE mechanism on the whole value chain of thermal rehabilitation, from the manufacturer to the installer, and at anticipating trends and challenges for the 2014-2016 period. The report presents this arrangement which has been elaborated to promote consumption reduction, describes how the action certificating process has become more constraining, comments the impacts of the arrangement of the value chain in the housing sector, comments the situation for local communities and for the B2B segment, and discusses the lessons learnt after the first years of experience

  15. Energy stakes. From geopolitics to the citizen

    International Nuclear Information System (INIS)

    Iacona, E.; Taine, J.; Tamain, B.

    2009-01-01

    This book deals with some of the main questions that any responsible citizen should ask: what will be the usable energy resources in the coming 20 or 30 years? At these dates what will be the renewable energies contribution? What energy vectors will be associated to its main uses in the domestic, transportation and industry sectors? Will research allow to master the new electricity and hydrogen technologies? The book is organized in three parts: the first part makes a status of the energy question in most countries in the world, the second part analyses the constraints and challenges to take up in the coming decades in order to manage energy in an optimal way. Finally, the last part is a prospective study about the mastery of energy consumption and about the future technical solutions of energy production and utilisation. (J.S.)

  16. Energy policy: the stakes of a global overview. Synthesis of the afternoon works

    International Nuclear Information System (INIS)

    Destot, M.

    1999-10-01

    This document is a report of the debates that took place at the French national assembly in October 1999 concerning the French energy policy and more particularly the new electricity and gas directives, the energy choices, the development of renewable energies, the building of the future EPR European Pressurized water reactor, the development of more efficient transportation systems, the reduction of air pollution and the fight against the greenhouse effect, and the mastery of energy consumptions. This synthesis of the afternoon works reports on the point of views exchanged during the last round table of the day about the stakes of the opening of the European energy market (internationalization and decentralization of the electricity and natural gas markets). (J.S.)

  17. Energy decentralisation in France during the 1980-2000 decades: changes in stakes and markets; the emergence of local communities in the fields of energy. Energy decentralisation in France during the 2010/2020 decades: influence of digital metamorphoses and the coming of age of renewable energies; effects of the law on energy transition

    International Nuclear Information System (INIS)

    Bourgeois, Bernard

    2015-12-01

    A first article recalls the organisation and structure of public, national and centralised model of energy management adopted in France after the Second World War, and then describes the various changes noticed during the 1980's, 1990's and 2000's which have characterized by: a search for new primary energy sources for electricity production, demand management, an awareness of environmental risks. He also describes the institutional changes of energy markets and operators: regulation of energy markets (example of the Climate Energy Package, the public service concession regime for electricity production under the pressure of the European community law, changes of status for operators). The second article comments the emergence of local communities in the fields of energy during the same period: accession of local communities to autonomy through decentralisation laws, initiatives of local communities in the energy sector, adaptation to new energy and climate challenges, creation of new expertise tools and bodies. The third article addresses the influence of digital metamorphoses and the coming of age of renewable energies: impact of these metamorphoses on the energy sector (on the society and on energy activities, notably with smart grids, smart meters), issue of consistency between policies of struggle against climate change and regulation of energy markets at the European level. The last article discusses the effects of the French law on energy transition, notably in terms of re-organisation of electricity distribution networks, but also with respect the lack of confidence of local communities

  18. World and energy. Geopolitical stakes. 1 - the clues to understand. 2 - the maps in hands

    International Nuclear Information System (INIS)

    Furfari, S.

    2007-01-01

    In the energy domain, globalization has become a visible reality since several decades, in particular since the first petroleum shock of 1974/1975, but in reality since the first world war when petroleum started to play a key role. The aim of this book is to explain geopolitics and to foresee the Earth's future at the time of a major energy turn. In the first volume, the author explores the different eras of the energy world. A large part is devoted to the main energy resources with some precision about reserves, exploitation means and their impacts on the environment and on the climatic change. The second volume describes the main energy markets and their foreseeable evolution through a geopolitical analysis of maps. A large part is devoted to the European supplies and to the East-West relations which control them, in particular because of the huge gas reserves of Russia and of its former satellite countries. Another part is devoted to the big wold consumers, the present day ones (the USA) and the new ones (China and India), who stake both on North-South relations (Middle East and South America for the USA and Africa for China and India), and on areas which were traditionally of Europe's interests. (J.S.)

  19. The electric power market in Europe. The stakes and forecasts of the market reconfiguration

    International Nuclear Information System (INIS)

    2002-01-01

    This study takes stock on the eight main european electric power markets. It provides data on the electric power sector, knowledge on the european market competition, it analyzes the european companies mastership and management, the market reconfiguration, it evaluates and compares the financial performance of the sector leaders. (A.L.B.)

  20. The nuclear: energy and environmental stakes and political and strategic context

    International Nuclear Information System (INIS)

    Lauvergeon, A.

    2003-01-01

    This document mentions the intervention of Anne Lauvergeon, at the colloquium Adapes, ''the nuclear: energy and environmental stakes and political and geo-strategic context''. Anne Lauvergeon is president of the Areva board. This speech takes stock on the energy resources and demand facing the economic development in a context of an environmental quality and especially the part of the nuclear energy in the future. (A.L.B.)

  1. Strengthening the abilities of French-speaking NGOs. Post-2012 climate stakes. Adaptation - Energy - Deforestation, France - Africa - Canada

    International Nuclear Information System (INIS)

    Creach, Morgane; Margot, Stephanie; Connor, Richard; Angerand, Sylvain

    2007-10-01

    The first part of this report discusses the possibilities of an international response to face the challenge of adaptation to climate change (presentation of the main notions, discussion of the United Nations Framework Convention on Climate Change and international stakes about adaptation). The second part discusses the perspectives of access to energy in African countries: description of the African energy context, applications of existing mechanisms of struggle against climate change to the field of energy, stakes for post-2012 negotiations. The next part addresses the stakes of the avoided deforestation: definitions and key figures, direct and underlying causes of deforestation and assessment of the cost for slowing down or stopping it, stakes and struggle of interests about the 'avoided deforestation'. The last part reports the 'post-2012 climate stakes' workshop which addressed these same topics (access to energy in African countries, adaptation to climate change, avoided deforestation)

  2. World Energy Prospects and Stakes. A New Paradigm

    International Nuclear Information System (INIS)

    Laponche, Bernard; DEVERNOIS, Nils

    2008-01-01

    To pursue the present path in the development of energy systems would lead to growing insecurity of supply and an unacceptable increase in greenhouse gas emissions. Both climate change (and other environmental hazards) and security of supply would rapidly become formidable obstacles for peace and development if energy consumption follows such an 'impossible path'. Energy security and environmental constraints converge to offer mankind both a challenge and opportunity: to invent a new model compatible with sustainable development, in order to 'meet the needs of the present without compromising the ability of future generations to meet their own needs'. Energy efficiency comes first, because it presents the largest potential, it is applicable to all sectors of activities in all countries and because it is a pre-requisite to slow down the depletion rate of fossil fuel resources and to ensure a rational and significant increase of the share of renewable energy sources in total energy requirements. An energy efficiency strategy is not a slight adjustment to an energy supply policy but a new concept of economic policy which takes into account the costs of environmental degradation, growing energy insecurity and the medium and long term trend of increasing energy costs. Industrialised countries can and must reduce their total energy consumption. Most developing countries must increase their energy consumption for their economic development, but they can reach this objective with much lower growth than industrialised countries in the past by applying energy efficiency strategies. At world level, priority should be given to energy efficiency in the Transport sector, literally tied to oil products, and to electricity consumption in the household and service sectors since electricity production is a voracious and expensive consumer of natural resources. (author)

  3. World Energy Prospects and Stakes. A New Paradigm

    International Nuclear Information System (INIS)

    Laponche, B.

    2008-01-01

    To pursue the present path in the development of energy systems would lead to growing insecurity of supply and an unacceptable increase in greenhouse gas emissions. Both climate change (and other environmental hazards) and security of supply would rapidly become formidable obstacles for peace and development if energy consumption follows such an 'impossible path'. Energy security and environmental constraints converge to offer mankind both a challenge and opportunity: to invent a new model compatible with sustainable development, in order to 'meet the needs of the present without compromising the ability of future generations to meet their own needs'. Energy efficiency comes first, because it presents the largest potential, it is applicable to all sectors of activities in all countries and because it is a pre-requisite to slow down the depletion rate of fossil fuel resources and to ensure a rational and significant increase of the share of renewable energy sources in total energy requirements. An energy efficiency strategy is not a slight adjustment to an energy supply policy but a new concept of economic policy which takes into account the costs of environmental degradation, growing energy insecurity and the medium and long term trend of increasing energy costs. Industrialized countries can and must reduce their total energy consumption. Most developing countries must increase their energy consumption for their economic development, but they can reach this objective with much lower growth than industrialized countries in the past by applying energy efficiency strategies. At world level, priority should be given to energy efficiency in the Transport sector, literally tied to oil products, and to electricity consumption in the household and service sectors since electricity production is a voracious and expensive consumer of natural resources. (authors)

  4. Comparison of the energy stakes of France and Germany

    International Nuclear Information System (INIS)

    2013-01-01

    In view of the first French-German conference of July 2 2013, held in Paris, this paper presents the energy situation of both countries with their perspectives of evolution: 1 - the emergence of a French-German bilateral cooperation in the energy domain; 2 - the economical and energetic situation of both countries; 3-4 - a fundamental structural difference: the demographic evolution.. which is susceptible to directly impact the long-term growth; 5 - impacts on the energy intensity trends of both countries; 6 - consequences on the achievement of the 'Factor 4' goal

  5. 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.

  6. 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.

  7. Local governance of energy. Clarification of stakes and illustration by spatial planning

    International Nuclear Information System (INIS)

    Saujot, Mathieu; Ruedinger, Andreas; Guerry, Anais

    2014-01-01

    As energy transition implies important societal transformations, the authors developed an analysis framework about the main questions raised by local governance: role of the different levels of local communities in the definition and implementation of strategies, key stakes of the sharing of skills between the State and communities, and stakes regarding spatial planning in this context. The authors first address the issue of relevance of the different territorial scales in a context of evolution of energy policies. They propose an overview of this issue with reference to the debate on local governance of transition. They discuss the return on experience of decentralisation in other fields of action of local policies, notably urban planning and spatial planning

  8. 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

  9. 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

  10. Markets, Managerialism and Teachers' Work: The Invisible Hand of High Stakes Testing in England

    Science.gov (United States)

    Stevenson, Howard; Wood, Phil

    2013-01-01

    High stakes testing has been long established in the English school system. In this article, we seek to demonstrate how testing has become pivotal to securing the neo-liberal restructuring of schools, that commenced during the Thatcher era, and is reaching a critical point at the current time. Central to this project has been the need to assert…

  11. 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

  12. 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.

  13. A Study on consensus development through stake holder engagement for the use of nuclear energy in Japan

    International Nuclear Information System (INIS)

    Aoyama, Yoshiko; Sawada, Tetsuo; Fujii, Yasuhiko

    2008-01-01

    In order to alleviate the distrust surrounding the use of nuclear energy and operation of nuclear facilities, as well as to foster trust and find better ways to live in harmony with society, it is essential for the state and electric power utilities not to provide one-sided information, but to formulate adequate bilateral communication and dialogue with stake holders. In this study, we conducted a case study focused on four stake holder meetings with a view to ensuring safety in the use of nuclear energy and operation of nuclear facilities in Japan; the 'Community Meeting for Securing the Transparency of Kashiwazaki-Kariwa Nuclear Power Station (Chiiki-no-kai)'; the 'Monitoring and Evaluation Conference on Environmental Radiation', established by communities where nuclear facilities are installed; the 'Round-Table Conference on Nuclear Power Policy' and the 'Conference for Public Participation and Decision Making for Nuclear Energy Policy' organized by Japan Atomic Energy Commission. As a consequence, it has been observed that in each case varying opinions were summarized through stake holder meetings, but the fact that no system exists to reflect these opinions in design of the nuclear energy policy has emerged as a controversial point. This study suggests future efforts in regard to the requirements in Japan for stake holder meetings that are necessary for fostering trust and mutual understanding among stake holders including the state and local government, electric power utilities and local residents. (author)

  14. 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

  15. 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

  16. 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

  17. Regulating deregulated energy markets

    International Nuclear Information System (INIS)

    Jackson, M.

    2002-01-01

    The North American gas and electricity markets are fast evolving, and regulators are currently faced with a host of issues such as market-based rates, unbundling, stranded costs, open access, and incentive regulation are surfacing as a result of deregulation. The regulatory environment in Ontario was reviewed by the author. Deregulated markets rule, from commodities to gas and electricity. Additionally, there is an evolution of traditional utility regulation. A look at deregulated markets revealed that there are regulations on boundary conditions on the deregulated market. Under the Ontario Energy Board (OEB), all generators, transmitters, distributors, and retailers of electricity must be licensed. The standard supply service (SSS) offered by electricity distributors and system gas which is still being sold by natural gas distributors continues to be regulated by OEB. One issue that was addressed was separation for revenues and costs of the utility's purchase and sale of gas business, at least for accounting purposes. The next issue discussed was cost of system gas and SSS, followed by timely signals and prudent incurred costs. Historical benefits were reviewed, such as historical commitments to low-cost electricity. Pooling transportation costs, transmission pricing continued, market-based rates, unbundling, stranded costs, open access, incentive regulation/ performance based regulation (PBR) were all discussed. Price cap on PBR, both partial and comprehensive were looked at. A requirement to review guidelines on cost of capital and an application to extend blanket approval provisions for gas storage were discussed, as they are amongst some of the challenges of the future. Other challenges include revised rules and practice and procedure; practice directions for cost awards, appeals, and other functions; confidentiality guidelines; and refinements to the role of and approaches to alternative dispute resolution. The future role of regulators was examined in light

  18. 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.)

  19. International Energy Market

    International Nuclear Information System (INIS)

    Doringoni, S.; Pontoni, F.

    2008-01-01

    The paper analyzes recent market trends in the oil and natural gas sector. For the latter, a focus on the European gas market is then presented, whose consumption has grown considerably in these last ten years. As for the oil sector this paper investigates the key elements that have shaped its market in these years. As for oil consumption, we show that in these last 15 years China, India and the Middle East are the main responsible for the increase in World consumption. On the other hand, European OECD Countries have consistently reduced (almost 9%) their oil demand. This is due both to the dematerialization of their economy and their significant improvements in energy efficiency. As for energy intensity, in fact, Europe by far is the most efficient region in the World. On the other hand, OPEC has drastically raised its share of total production: at present the cartel accounts for more than 40% of overall production. OPEC members were the only producers to meet World's needs as oil demand expanded. The difficulties of other producers to keep up with the demand originated in the nineties, when no investment in new production capacity was brought about due to low oil prices. In the end of 2008, anyway, recession has eased the situation: for the first time in fifteen years, demand has not grown, compared to 2007 consumption. Recession has also shrunk prices, which, as soon as the demand started decreasing, have collapsed by almost 70%. As for the gas sector, the paper focuses on the European market where, after ten years from the beginning of the liberalization process, competition is still missing. In particular, the paper discusses whether LNG can bring about the competition so desperately needed. Unlike investments in pipelines, those in the LNG chain present a much lower degree of specificity, since the importer is not physically tied with the producer; moreover, it is getting increasingly common that part of the plant capacity is made available for spot

  20. 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

  1. Liberalization of energy markets

    International Nuclear Information System (INIS)

    2004-01-01

    During the last decade, the supply of electricity has been liberalized in the Nordic countries - first in Norway in 1991 and most recently in Iceland in 2003. After the liberalization process the consumers can freely choose the end-use supplier that offers the most attractive prices and conditions of supply. This development has opened up new opportunities for the consumer, but has also created new problems. The amount of kWh consumed and the composition of the electricity price determines the extent to which a consumer can influence annual expenses by being active on the market. After liberalization the consumer price is composed of: The market price for electricity; Transmission tariffs; Consumer and energy taxes. Only the market price can be influenced by an active consumer. Most consumer problems are a result of the system with indirect metering that was introduced to make it costless for small consumers to change supplier. An individual consumer's consumption is calculated according to the average consumption profile for all small consumers in the local distribution area and not according to her actual consumption. As metering is only taking place with intervals of one to several years many consumers have received invoices with large additional payments. Complaints are also common against distribution companies that have taken too long time to transfer the necessary information to the suppliers or have done it wrongly. The right solution would be to introduce intelligent meters that, in addition, could provide the consumers with new opportunities to monitor their electricity consumption. Such initiatives are now taking place in all four countries but it will take some years to provide intelligent meters to all consumers. Liberalization has caused an increasing number of consumer complaints. However, it has become less transparent to whom the complaint should be directed. When is it the distribution company and when the end-use supplier? This problem continues

  2. Regional meetings on energy 2008. Ile-de-France facing the energy stakes. Conference proceedings

    International Nuclear Information System (INIS)

    Lamy, Marie-Laure; Rocher, Philippe; Falque-Masset, Marie-Laure; Cazas, Judith; Labrousse, Muriel; Gorges, Pascale; Boulet, Sophie; Petit-Tesson, Christophe

    2009-01-01

    This document proposes a synthesis of the conference. It presents an assessment of the regional plan for energy management and development of local and renewable energies. The first part gives an overview of regional actions (in the Ile de France region) performed by the ADEME, or within the regional plan. The second part presents ROSE (a network for the statistical survey of energy and of greenhouse gas emissions in Ile de France) and its activity. Some remarkable actions are briefly presented: energy management by the city of Montreuil, energy management and sensitisation in a secondary school, a zero-energy building (a school in Limeil-Brevannes), geothermal energy in Orly, solar energy in social dwelling, and wood-heat network in Cergy-Pontoise

  3. '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)

  4. What are the stakes of the hydroelectric power? Supplement: report on the renewable energies

    International Nuclear Information System (INIS)

    2003-01-01

    The document presents the regulation and the stakes concerning the hydroelectricity development in France: contribution to the greenhouse effect fight, the environment preservation, possible uses. It proposes then, a grid of a socio-economical evaluation of the projects. In this framework, the impacts of the little hydroelectric power and the possible corrective measures are described. (A.L.B.)

  5. Renewable energies: reality of the facts, data and stakes; Energies renouvelables: realite des faits, chiffres et enjeux

    Energy Technology Data Exchange (ETDEWEB)

    Antolini, A.

    2002-12-15

    Facing the public hostile declarations, this analysis takes stock on the renewable energies situation in France. It offers information and discusses the following topics: the french objectives, the real cost of the renewable energies, the french opinion, the market and the needed efforts, the contribution of the renewable energies to the greenhouse effect and the renewable energies as an employment source. (A.L.B.)

  6. 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.

  7. 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

  8. 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....

  9. Cities, planning and energy: the challenges and issues at stake today

    International Nuclear Information System (INIS)

    Roudil, Nadine

    2017-01-01

    Energy has become an integral part of urban politics to very varying degrees. This introductory paper examines the current structuring of a public policy for energy underway in France. It is emerging in the indications of 'energy governance', with apposite urban projects and coordinated development actions. For a long time, French cities were seen as lagging behind in environmental matters, but they are now showing proof of a hybrid incorporation of energy issues into urban policies. The progression of their relationship with energy is connected to the European experiments at the same time as occurring in the wake of a national incentive for transition. French cities' changing relationship with energy is embodied in three approaches. It is symbolised by local councillors' capacity to move beyond this combined influence and propose original projects; by their tendency to refocus their energy commitments on the social rather than market benefits of these initiatives, and by the opportunity it gives them to guide the ongoing transformation of the professional landscape of fashioning cities, and the knowledge and skills associated with this

  10. Companies and energy transition: The stakes of mobility. A case study in the cities of Lille and Lyon

    Directory of Open Access Journals (Sweden)

    Lejoux Patricia

    2014-07-01

    Full Text Available Regarding energy transition in the area of mobility, the literature gives prominence to two types of actor which appear to play leading roles: public authorities and households. However, the role played by companies in this energy transition appears to have attracted only marginal attention. Nonetheless, companies influence mobility through the transport of goods, professional travel and commuter trips they generate. If they participate in the growth of this mobility, might they not also contribute to reducing it? What is the viewpoint held by companies regarding these questions? The aim of this article is to highlight the stakes of this energy transition in the domain of mobility in order to represent the viewpoint of companies. The results show that company managers are effectively concerned by the stakes of energy transition in the domain of mobility and that they have already taken measures in favour of more sustainable mobility. But this is more for economic (increased transport costs and social (recruitment problems, turnover linked to the increased cost of car mobility reasons than for environmental ones (reduction of greenhouse gas emissions.

  11. 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)

  12. 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

  13. 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.)

  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. Energy policy: the stakes of a global overview. Synthesis of the afternoon works; Politique energetique: les enjeux d'une vision globale. Synthese des travaux de l'apres-midi

    Energy Technology Data Exchange (ETDEWEB)

    Destot, M

    1999-10-01

    This document is a report of the debates that took place at the French national assembly in October 1999 concerning the French energy policy and more particularly the new electricity and gas directives, the energy choices, the development of renewable energies, the building of the future EPR European Pressurized water reactor, the development of more efficient transportation systems, the reduction of air pollution and the fight against the greenhouse effect, and the mastery of energy consumptions. This synthesis of the afternoon works reports on the point of views exchanged during the last round table of the day about the stakes of the opening of the European energy market (internationalization and decentralization of the electricity and natural gas markets). (J.S.)

  16. 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?

  17. Cross-Cultural Comparative Analysis of Lay and Stake holder Reasoning about Fusion Energy in Spain and the UK

    Energy Technology Data Exchange (ETDEWEB)

    Prades, A; Horlick-Jones, T; Oltra, C; Navajas, J

    2009-07-01

    This report presents the results of a cross-cultural comparative analysis of two corpora of data from Spain and the UK on lay and stake holders understanding and reasoning about fusion energy. The very same novel methodological approach was applied in Spain and the UK to promote a learning and deliberative process about fusion energy. A brief description of the method is included first, followed by the description of the two corpora of data. Next the main Spanish findings data are discussed in the light of the UK data and then vice versa (in other words, we first interrogate the UK corpus of data to look for resonances or places of tension with the Spanish findings, and then the other way around). Then we present the results of evaluating the Spanish and UK group-based processes as engagement exercises. Finally, the key conclusions of this cross-cultural data analysis are summarized. (Author) 40 refs.

  18. Cross-Cultural Comparative Analysis of Lay and Stake holder Reasoning about Fusion Energy in Spain and the UK

    International Nuclear Information System (INIS)

    Prades, A.; Horlick-Jones, T.; Oltra, C.; Navajas, J.

    2009-01-01

    This report presents the results of a cross-cultural comparative analysis of two corpora of data from Spain and the UK on lay and stake holders understanding and reasoning about fusion energy. The very same novel methodological approach was applied in Spain and the UK to promote a learning and deliberative process about fusion energy. A brief description of the method is included first, followed by the description of the two corpora of data. Next the main Spanish findings data are discussed in the light of the UK data and then vice versa (in other words, we first interrogate the UK corpus of data to look for resonances or places of tension with the Spanish findings, and then the other way around). Then we present the results of evaluating the Spanish and UK group-based processes as engagement exercises. Finally, the key conclusions of this cross-cultural data analysis are summarized. (Author) 40 refs.

  19. 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

  20. 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)

  1. 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)

  2. 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

  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. 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...

  5. RWE sells Nafta stake

    International Nuclear Information System (INIS)

    Janoska, J.

    2004-01-01

    At year-end 2000, state-owned Slovensky plynarensky priemysel (SPP) signed a Memorandum of Understanding that set the conditions for the German concern RWE to purchase a 40 % stake in Nafta Gbely. This partnership agreement was meant to grant RWE participation in the management of the gas storage operator, which is controlled by SPP, and allow RWE to increase the use of Nafta's capacities. But in the 3 years since then, these objectives were not met. RWE representatives were not appointed to the Nafta Board and not a single cubic meter of RWE gas was stored at Nafta. RWE denied that it was considering leaving Nafta. Control of Nafta and SPP gradually passed to RWE's major competitors. The attitude of RWE only changed last week, when it sold its stake in Nafta to Ruhrgas under favourable conditions. Although Ruhrgas already more or less controlled Nafta via SPP, it paid RWE 62.22 million Eur for its stake. This represents a price per share of about 12.44 Eur more than RWE paid over two years ago and about double the market price. One of the possible reasons why RWE decided to leave the company is, apart from uncertainty surrounding future participation in the company management, uncertainty regarding whether there is a profit to be made on future dividends. Another reason may be the joint operation of both rivals in a number of companies. And so the Nafta trade may be part of the establishment of areas of influence

  6. Sustainable markets for sustainable energy

    Energy Technology Data Exchange (ETDEWEB)

    Millan, J.; Smyser, C.

    1997-12-01

    The author discusses how the Inter-American Development Bank (IDB) is involved in sustainable energy development. It presently has 50 loans and grants for non conventional renewable energy projects and ten grants for efficiency programs for $600 and $17 million respectively, representing 100 MW of power. The IDB is concerned with how to create a sustainable market for sustainable energy projects. The IDB is trying to work with government, private sector, NGOs, trading allies, credit sources, and regulators to find proper roles for such projects. He discusses how the IDB is working to expand its vision and objectives in renewable energy projects in Central and South America.

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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.

  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. Energy policy: the stakes of a global overview. Synthesis of the morning works

    International Nuclear Information System (INIS)

    Destot, M.

    1999-10-01

    This document is a report of the debates that took place at the French national assembly in October 1999 concerning the French energy policy and more particularly the new electricity and gas directives, the energy choices, the development of renewable energies, the building of the future EPR European Pressurized water reactor, the development of more efficient transportation systems, the reduction of air pollution and the fight against the greenhouse effect, and the mastery of energy consumptions. After the introductive talks of the different representatives of the French government, the different point of views exchanged during two round tables about the following topics are reported: the international and long term approach that favour the energy demand, and the energy solutions to fight against the greenhouse effect (energy mastery, renewable energies, natural gas, nuclear energy). (J.S.)

  14. 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

  15. The marketing of solar energy

    International Nuclear Information System (INIS)

    Coehoorn, M.; Sinke, W.C.

    1994-01-01

    After two decades of research and development the market introduction of solar water heaters finally is developing rapidly. In a number of progressive countries, amongst which the Netherlands, preparations are made for the large-scale introduction of photovoltaic (PV) power systems. A brief overview is given of market introduction activities with regard to solar energy applications in several countries. Also attention is paid to new technological developments for the improvement of solar boilers: the Integrated Collector Storage system, the integration of the storage tank in the solar water heater (combi-boiler), and the new principle for a combined system for the production of hot tap water and space heating, the so-called solar-gas-combi. The Dutch-developed boilers, however, must compete with the the foreign thermosyphon boilers, although these boilers probably require more maintenance than the Dutch boilers. The market for PV-systems is still in its infancy. The marketing efforts and research activities in Japan, USA and European countries for PV-systems are briefly discussed. Although financial incentives from the national governments are still necessary contributions from other market parties for the development of PV-systems are expected. 4 ills

  16. The file of the national debate on energy transition. Knowledge base, Current status, Commitments, Stakes, The debate. Let us imagine together our tomorrow's energy

    International Nuclear Information System (INIS)

    Batho, Delphine

    2013-02-01

    Within the perspective of the French national debate on energy transition, four main issues are to be addressed: how to move towards energy efficiency and sobriety, which trajectory to reach the defined energy mix in 2025 and which types of possible scenarios by 2030 and 2050 while complying with climate-related commitments of France, which choices in terms of renewable energies and new energy technologies with which strategy of industry and land development, which costs, benefits and financing for energy transition. Within this context, this publication aims at providing all those who want to be informed or participate with information on the current situation of energy in France, in Europe and in the World. It also aims at presenting the main social, economic and ecologic challenges of energy transition. It proposes contributions and opinions of organisations which belong to the Debate National Council. Thus, after a presentation of the energy situation, the report recalls and comments the various commitments: European and international commitments, French legal frameworks and existing laws, additional political commitments. The main challenges are then discussed as the main debate issues: energy consumption management, energy mix equilibrium, development of the renewable energy sector and of new energy technologies, costs, benefits and financing. Transverse challenges are discussed, such as: energy safety, economic, social, environmental, international, and governance stakes. Finally, debate objectives, its mains steps, its locations and bodies are presented

  17. Hydrocarbons and conflicts in the world - Energy strategies and present stakes

    International Nuclear Information System (INIS)

    Ardillier-Carras, Francoise; Boulanger, Philippe; Ortolland, Didier

    2012-01-01

    This document briefly presents a book in which the authors discuss the role of energy resources as factors of tension or conflicts between countries. After an overview of the issue of energy geo-strategy, they describe the geography of conflict sources in terms of territories, energy fields, reserves and exploitation. Then, they address the case hydrocarbons which are a matter of conflicts and strategic tensions in the world, and notably between States and non-State actors. They identify different types of conflicts about hydrocarbons, and their role in peace and reconstruction. In a third part, they address the issue of energy routes: the big game about pipelines, and maritime routes

  18. 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.

  19. 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.)

  20. The French market of energy services and its outlook

    International Nuclear Information System (INIS)

    Anon.

    2011-11-01

    The trend of rise of energy prices, the will of CO 2 emissions abatement, the increasing dependence of Europe with respect to energy supplies are as many factors in favor of the development of energy services and in particular of the energy efficiency ones. The European directive under preparation in 2011 fixes an energy saving goal of 1.5% per year to the energy suppliers. It aims at promoting the energy audits, at renovating the public buildings and at developing the communicating meters. France is already committed in all these topics with ambitious programmes. The mechanism of energy saving certificates has already entered its second phase with a 345 TWh goal by the end of 2013, i.e. 6 times higher than in the previous programme. Energy saving is the new eldorado of energy service suppliers. Energy suppliers (EdF, GDF-Suez..) are broadening their offers with energy diagnostic and energy consumption control tools. Exploitation and installation service companies (Cofely, Dalkia, ETDE, Vinci) and equipment manufacturers (Schneider Electric) count on energy efficiency contracts and public-private partnerships. However, such tools are not fully satisfactory yet and the die is far to be cast. Energy suppliers, operators, fitters and manufacturers are in a head-on competition on energy services. This study analyses the impact of the European directive on energy services. It draws up an appraisal of the mechanism of energy saving certificates and shows the stakes of the second phase. It evaluates the size of the 3 main service market segments (energy supply, exploitation, installation). It analyses the strategy and positioning of the different categories of energy service suppliers, and anticipates the evolutions of the competition game. (J.S.)

  1. 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)

  2. 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.

  3. 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.

  4. 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

  5. World and energy. Geopolitical stakes. 1 - the clues to understand. 2 - the maps in hands; Le monde et l'energie. Enjeux geopolitiques. 1 - les clefs pour comprendre. 2- les cartes en mains

    Energy Technology Data Exchange (ETDEWEB)

    Furfari, S. [Commission de Bruxelles (Belgium)

    2007-07-01

    In the energy domain, globalization has become a visible reality since several decades, in particular since the first petroleum shock of 1974/1975, but in reality since the first world war when petroleum started to play a key role. The aim of this book is to explain geopolitics and to foresee the Earth's future at the time of a major energy turn. In the first volume, the author explores the different eras of the energy world. A large part is devoted to the main energy resources with some precision about reserves, exploitation means and their impacts on the environment and on the climatic change. The second volume describes the main energy markets and their foreseeable evolution through a geopolitical analysis of maps. A large part is devoted to the European supplies and to the East-West relations which control them, in particular because of the huge gas reserves of Russia and of its former satellite countries. Another part is devoted to the big wold consumers, the present day ones (the USA) and the new ones (China and India), who stake both on North-South relations (Middle East and South America for the USA and Africa for China and India), and on areas which were traditionally of Europe's interests. (J.S.)

  6. Consultation document Energy Market Concentrations

    International Nuclear Information System (INIS)

    De Maa, J.; Van Gemert, M.; Karel, A.; La Bastide, G.; Giesbertz, P.; Buijs, F.; Vermeulen, M.; Beusmans, P.

    2006-06-01

    This the second consultation document of the Netherlands Competition Authority (NMa) on the title subject (the first was in 2002). 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 [nl

  7. 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.

  8. 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.

  9. Clean energy stakes too important for nuclear to be blown off course

    Energy Technology Data Exchange (ETDEWEB)

    Shepherd, John [nuclear 24, St George' s Redditch (United Kingdom)

    2017-10-15

    New figures indicating that offshore wind farms could be built for a record low price in the UK - and produce cheaper electricity than nuclear - sent an initial chill through the nuclear energy industry. Wind lobbyists were quick to trumpet the figures from the Department for Business, Energy and Industrial Strategy (UK), which were unveiled following a 'contracts for difference' auction for subsidies. The spokesperson's comments were more astonishing than the data that emerged from the report. As the chief executive of the Nuclear Industry Association (NIA), Tom Greatrex, pointed out: ''Reports that the cost of future offshore wind projects may fall (if they are constructed) is good news, but as the UK renewable trade body, informed commentators and industry experts have made clear, one technology alone can't solve the UK's power challenge''.

  10. Electricity demand in France: what's at stake for the energy transition?

    International Nuclear Information System (INIS)

    Berghmans, Nicolas

    2017-02-01

    This study identifies five key issues linked to electricity consumption to be taken into consideration in the management of the French power system transition: articulating the building stock renovation strategy and electricity consumption; integrating demand for electricity stemming from the development of electric vehicles; addressing winter 'peak' demand with specific demand-side policies; establishing energy demand management economic models as a flexible solution for the power system; identifying the impact of the emergence of a power system that is decentralised, balanced locally and connected with other energy carriers on the nature of demand for power from the grid. In the context of weak economic and demographic growth, the recent stabilization of electricity demand in France can be attributed to 'structural' factors, i.e. the continued expansion of the tertiary sector in the economy and the acceleration in energy efficiency gains. This evolution was poorly anticipated by stakeholders in the sector, which contributed to an imbalance between electricity demand and supply in Europe. In the absence of a major disruption, planning for transition in the electrical system should be made assuming relatively stable demand. However, major transformations will change the nature of the requirements placed on the electricity system: the times at which energy is consumed, the ability to manage the demand side of the system, and the geographical location of electricity demand within the network. Five key challenges are identified to anticipate the development of electricity consumption patterns: the role of electricity in satisfying building sector heating requirements, the integration of electric vehicle charging, the evolution of the winter demand peak, the development of demand-side management, and the emergence of an electric system based on local-level balancing. Too often considered an exogenous factor, the development in electricity consumption is in fact central

  11. 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

  12. 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

  13. 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)

  14. Towards a prospective vision of professional stakes of land-based wind energy

    International Nuclear Information System (INIS)

    Tessier, Nathalie; Martin, Ludovic

    2017-07-01

    The authors report a study which first analyses how public policies have boosted the wind energy sector again since 2014 as shown by the increase of installed power and new wind energy connections in the different French regions, and also describes how the structure of this sector has been evolving (companies involved in turbine fabrication, exploitation, dismantling or re-powering). The second part, while outlining that job assessment and follow-up is complex, proposes an analysis of jobs and professions of the sector. The regional distribution of jobs is discussed, and some characteristics of the sector are highlighted through a profession-based approach. This discussion makes a distinction between professions related to public works, to metallurgy, to exploitation and maintenance. Some recommendations are made to improve the situation in some respects, often related to abilities and expertise. Some specific professions are defined through their requirements and expectations. The third part addresses the available specific education which is considered to answer correctly to most of needs. Some problems related to transverse professions and already met in other sectors are however outlined

  15. The energy in all states: data, constraints, stakes; L'energie sous toutes ses formes: donnees, contraintes, enjeux

    Energy Technology Data Exchange (ETDEWEB)

    Balian, R [Academie des Sciences, 92 - Gif sur Yvette (France); Combarnous, M [Bordeaux-1 Univ., LEPT-ENSAM, 33 - Talence (France); Lucas, J; Fauvarque, J F [Conservatoire National des Arts et Metiers (CNAM), 75 - Paris (France); Madet, D [Electricite de France (EDF), 75 - Paris (France); Bal, J L [Agence de l' Environnement et de la Maitrise de l' Energie, ADEME, 75 - Paris (France); Jourde, P [CEA Cadarache, GENEC, 13 - Saint-Paul-lez-Durance (France); Tissot, B [Commission Nationale d' Evaluation, 75 - Paris (France); Leconte, Ph [CEA Saclay, Dir. du Developpement et de l' Innovation Nucleares DDIN, 91 - Gif Sur Yvette (France); Doubre, H [Paris-11 Univ., IN2P3/CNRS, 91 - Orsay (France); Alleau, Th [Association Francaise de l' Hydrogene, AFH2, 75 - Paris (France); Durup, G [Mining Research Institute (United States); Le Treut, H [Ecole Nationale Superieure, 75 - Paris (France); Tubiana, M [Institut Gustave Roussy, 94 - Villejuif (France); [Centre Antoine Beclere, Paris (France); Masse, R [Office de Protection contre les Rayonnements Ionisants, 78 - le Vesinet (France); Lebot, B [Agence Internationale de l' Energie, 75 - Paris (France); Babusiaux, D [Institut Francais du Petrole (IFP), 92 - Rueil-Malmaison (France); Saab, A E [Electricite de France (EDF), 75 - Paris (France)

    2002-07-01

    This documents brings together papers presented at the physics summer school of august 2001 on the energy. The following topics are discussed: the constraints bound to the physics and the scales, the renewable energies, the future of the nuclear energy and the fossil energies, the energy storage problems, the environmental and sanitary aspects, the energy mastership and economy. (A.L.B.)

  16. The energy in all states: data, constraints, stakes; L'energie sous toutes ses formes: donnees, contraintes, enjeux

    Energy Technology Data Exchange (ETDEWEB)

    Balian, R. [Academie des Sciences, 92 - Gif sur Yvette (France); Combarnous, M. [Bordeaux-1 Univ., LEPT-ENSAM, 33 - Talence (France); Lucas, J.; Fauvarque, J.F. [Conservatoire National des Arts et Metiers (CNAM), 75 - Paris (France); Madet, D. [Electricite de France (EDF), 75 - Paris (France); Bal, J.L. [Agence de l' Environnement et de la Maitrise de l' Energie, ADEME, 75 - Paris (France); Jourde, P. [CEA Cadarache, GENEC, 13 - Saint-Paul-lez-Durance (France); Tissot, B. [Commission Nationale d' Evaluation, 75 - Paris (France); Leconte, Ph. [CEA Saclay, Dir. du Developpement et de l' Innovation Nucleares DDIN, 91 - Gif Sur Yvette (France); Doubre, H. [Paris-11 Univ., IN2P3/CNRS, 91 - Orsay (France); Alleau, Th. [Association Francaise de l' Hydrogene, AFH2, 75 - Paris (France); Durup, G. [Mining Research Institute (United States); Le Treut, H. [Ecole Nationale Superieure, 75 - Paris (France); Tubiana, M. [Institut Gustave Roussy, 94 - Villejuif (France)]|[Centre Antoine Beclere, Paris (France); Masse, R. [Office de Protection contre les Rayonnements Ionisants, 78 - le Vesinet (France); Lebot, B. [Agence Internationale de l' Energie, 75 - Paris (France); Babusiaux, D. [Institut Francais du Petrole (IFP), 92 - Rueil-Malmaison (France); Saab, A.E. [Electricite de France (EDF), 75 - Paris (France)

    2002-07-01

    This documents brings together papers presented at the physics summer school of august 2001 on the energy. The following topics are discussed: the constraints bound to the physics and the scales, the renewable energies, the future of the nuclear energy and the fossil energies, the energy storage problems, the environmental and sanitary aspects, the energy mastership and economy. (A.L.B.)

  17. The transition from monopoly to competition on natural gas markets in europe. The strategic stakes of underground storage

    International Nuclear Information System (INIS)

    Esnault, B.

    2000-01-01

    The liberalization of the natural gas market permits to the actors the use of the existing distribution networks, which remain managed by ancient monopolies. To manage efficiently a variable demand in spite of the importations and the bottleneck on canalizations, the monopolies have to install storages near the consumption areas. Meanwhile the storages are a rare resource owned by the historical operators, thus it reinforces their market power. The european directive proposes to define an access right to the storage. What kind of legislation should we applied? This thesis analyses the process of deregulation and the storage needs of the different actors. Propositions of regulations are presented. (A.L.B.)

  18. 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

  19. 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.

  20. Integrated energy systems and local energy markets

    International Nuclear Information System (INIS)

    Lund, Henrik; Muenster, Ebbe

    2006-01-01

    Significant benefits are connected with an increase in the flexibility of the Danish energy system. On the one hand, it is possible to benefit from trading electricity with neighbouring countries, and on the other, Denmark will be able to make better use of wind power and other types of renewable energy in the future. This paper presents the analysis of different ways of increasing flexibility in the Danish energy system by the use of local regulation mechanisms. This strategy is compared with the opposite extreme, i.e. trying to solve all balancing problems via electricity trade on the international market. The conclusion is that it is feasible for the Danish society to include the CHP plants in the balancing of fluctuating wind power. There are major advantages in equipping small CHP plants as well as the large CHP plants with heat pumps. By doing so, it will be possible to increase the share of wind power from the present 20 to 40% without causing significant problems of imbalance between electricity consumption and production. Investment in increased flexibility is in itself profitable. Furthermore, the feasibility of wind power is improved

  1. 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.

  2. 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.

  3. 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

  4. 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

  5. COP21: defense stakes

    International Nuclear Information System (INIS)

    Coldefy, Alain; Hulot, Nicolas; Aichi, Leila; Tertrais, Bruno; Paillard, Christophe-Alexandre; Piodi, Jerome; Regnier, Serge; Volpi, Jean-Luc; Descleves, Emmanuel; Garcin, Thierry; Granholm, Niklas; Wedin, Lars; Pouvreau, Ana; Henninger, Laurent

    2015-01-01

    The 21. Conference of the Parties (COP21) from the UN Framework Convention took place in Paris between November 30 and December 11, 2015. The challenge is to reach a universal agreement of fight against global warming and to control the carbon footprint of human activities. This topic is in the core of the Defense Ministry preoccupations. This special dossier takes stock of the question of defense issues linked with global warming. The dossier comprises 13 papers dealing with: 1 - COP21: defense stakes (Coldefy, A.); 2 - Warfare climate, a chance for peace (Hulot, N.); 3 - COP21 and defense (Aichi, L.); 4 - A war climate? (Tertrais, B.); 5 - Challenges the World has to face in the 21. century (Paillard, C.A.); 6 - Desertification: a time bomb in the heart of Sahel (Piodi, J.); 7 - The infrastructure department of defense in the fight against climate disturbance (Regnier, S.); 8 - Fight against global warming, a chance for the forces? (Volpi, J.L.); 9 - Sea and sustainable development (Descleves, E.); 10 - Rationales of Arctic's surrounding powers (Garcin, T.); 11 - Arctic: strategic stake (Granholm, N.; Wedin, L.); 12 - Strategic impact of Turkey's new energy choices (Pouvreau, A.); 13 - Climate and war: a brief historical outlook (Henninger, L.)

  6. 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

  7. Energy stakes. From geopolitics to the citizen; Les enjeux de l'energie. De la geopolitique au citoyen

    Energy Technology Data Exchange (ETDEWEB)

    Iacona, E.; Taine, J. [Ecole Centrale de Paris, 75 (France); Tamain, B. [Ecole Superieure d' Ingenieurs de Caen, 14 - Paris (France)

    2009-07-01

    This book deals with some of the main questions that any responsible citizen should ask: what will be the usable energy resources in the coming 20 or 30 years? At these dates what will be the renewable energies contribution? What energy vectors will be associated to its main uses in the domestic, transportation and industry sectors? Will research allow to master the new electricity and hydrogen technologies? The book is organized in three parts: the first part makes a status of the energy question in most countries in the world, the second part analyses the constraints and challenges to take up in the coming decades in order to manage energy in an optimal way. Finally, the last part is a prospective study about the mastery of energy consumption and about the future technical solutions of energy production and utilisation. (J.S.)

  8. 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

  9. 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...

  10. 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.

  11. 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

  12. Power marketing and renewable energy

    International Nuclear Information System (INIS)

    Fang, J.M.

    1997-01-01

    Power marketing refers to wholesale and retail transactions of electric power made by companies other than public power entities and the regulated utilities that own the generation and distribution lines. The growth in power marketing has been a major development in the electric power industry during the last few years, and power marketers are expected to realize even more market opportunities as electric industry deregulation proceeds from wholesale competition to retail competition. This Topical Issues Brief examines the nature of the power marketing business and its relationship with renewable power. The information presented is based on interviews conducted with nine power marketing companies, which accounted for almost 54% of total power sales by power marketers in 1995. These interviews provided information on various viewpoints of power marketers, their experience with renewables, and their respective outlooks for including renewables in their resource portfolios. Some basic differences exist between wholesale and retail competition that should be recognized when discussing power marketing and renewable power. At the wholesale level, the majority of power marketers stress the commodity nature of electricity. The primary criteria for developing resource portfolios are the same as those of their wholesale customers: the cost and reliability of power supplies. At the retail level, electricity may be viewed as a product that includes value-added characteristics or services determined by customer preferences

  13. 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.

  14. Dwelling thermal renovation: which stakes, which solutions?

    International Nuclear Information System (INIS)

    Delduc, Paul; Demeulenaere, Laurence; Verdure, Mathieu; Ayong Le Kama, Alain; Fuk Chun Wing, Dimitri; Kiefer, Noemie; Mauroux, Amelie; Charlier, Dorothee; Hini, Sihame; Pinto Silva, Kleber; Giraudet, Louis Gaetan; Nauleau, Marie-Laure; Daussin-Benichou, Jeanne-Marie; Teissier, Olivier; Finidori, Esther; Grandjean, Alain; Allibe, Benoit; Gadrat, Pierre; Couriol, Aude; Menard, Francois; Rouquette, Celine; Houriez, Guillaume; Francois, Dominique; Aubert, Celine; Canardon, Daniel

    2015-01-01

    This publication proposes three sets of contributions. The first one addresses context and stakes. The contributions propose: a literature review on household behaviour and investments in energy efficiency, a focus on the key role of dwellings in energy transition through a comparative study of the four pathways of the National Debate for Energy Transition, and a discussion about consensus and uncertainties regarding the determining factors of heating temperature in dwellings. The second set addresses public policies and their assessment: improvement of the technical-economical assessment of the benefit of dwelling energetic renovations, discussion of the organisation and results of a survey on dwelling, equipment, and energy needs and uses, an analysis of several measures aimed at reaching objectives of energy efficiency of dwellings, a discussion of renovation works quality, a discussion of the impact of the sustainable development tax credit on thermal renovation, the optimisation of energy renovation in co-properties by third party financing, some foreign examples of policies in favour of dwelling thermal renovation. The third set of contributions addresses the needed technical, organisational and market evolutions: how the building sector can face the challenges of energy transition, the possibilities to propose innovative solutions adapted to existing housing buildings, and a comparative analysis of material and building equipment costs and market structures in Europe. Other texts are proposed in appendix: the origin of the Phebus survey, a description of incentive arrangements, and a map of climate zones in France

  15. 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

  16. 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)

  17. Market survey China. Wind Energy

    International Nuclear Information System (INIS)

    2008-07-01

    The title survey presents an overview of the wind developments in China, an analysis of the key market players in this sector, and an assessment of the potential future market for wind-related activities in China. The survey is concluded with a number of conclusions and recommendations

  18. 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.)

  19. Energy Technology and Market Risk Reduction | Integrated Energy Solutions |

    Science.gov (United States)

    renewable energy projects, including: Debt financing and structures that use cash flows generated by your ; project costs; and evolving regulatory, permitting, and retail markets through activities such as

  20. Study of energetic consumptions and of renewable energy production potential for the Dordogne district. Phase 1 - Status and stakes, Phase 2 - Assessment of territory potentialities

    International Nuclear Information System (INIS)

    2013-01-01

    This document gathers reports made for phases 1 and 2 of a study which aimed at assessing the potential energy production by renewable energies in the French district of Dordogne. The first phase aimed at providing an overview of the present situation and an identification of stakes through an identification of electric and thermal energy sources (renewable or not) on this territory, and an analysis of energy consumptions per sector (housing and so on) in the district. Thus, it presents the district in its geographical, administrative, and demographic dimensions, as well as its local expertise. It gives an overview of the energy situation (energy and renewable energy production, electric power sector, gas sector, fuel supply network), and an overview of energy consumptions in the different sectors (housing, office building, industry, agriculture, transports). The second phase aimed at identifying and at assessing the potential energy production by renewable resources on the territory, and of the economic potential associated with renewable energy development. Raw, net and likely resources are assessed for hydroelectricity, solar sectors, wood energy, geothermal energy, aero-thermal energy, methanization, wind energy, and heat recovery

  1. 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

  2. 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

  3. 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

  4. DGEMP/CGP energy policy lecture cycle - technical and economical stakes of hydrogen as an energy carrier

    International Nuclear Information System (INIS)

    Alleau, T.; Freund, E.; Coiffard, J.

    2002-01-01

    Hydrogen is attracting a lot a interest from energy specialists, in particular because supply safety issues are back on the agendas. One of the most promising applications seems to be the 'combustible cells', which changes hydrogen into electricity and heat in various applications: 'mobile', as an alternative to electric cells, for instance in telephones or lap-top computers, 'stationary' for producing electricity and heat, including small and medium voltage, and 'transport' with a high number of light vehicle and even bus prototypes. (authors)

  5. 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.

  6. 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)

  7. Building up a citizen-based project of renewable energies. Energy transition by local actors: stakes and modalities - Recommendation guide

    International Nuclear Information System (INIS)

    2013-01-01

    This guide first presents the energy and social context which could lead to citizen-based projects, presents some European examples and identifies some French limitations, and defines a citizen-based project. The second part proposes an overview of such a project and its various steps, and outlines the importance of some basic actions: to build up a pilot group and to define the project, to choose the right moment and to retain control of the project, to communicate and to mobilise. The next part presents the project methodology: elaboration of specification, establishment of partnership, definition of a business model, choice of a legal status. The last part addresses how to mobilise local and citizen funding: own funds and bank loan, participation of citizen and local communities

  8. 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

  9. Promoting healthy competition across the energy market

    International Nuclear Information System (INIS)

    Anon.

    2001-01-01

    As of August 1 last year, Finland's Electricity Market Authority became the Energy Market Authority. The timing of the change coincided with the introduction of Finland's new Natural Gas Market Act and reflected the extension of the Authority's responsibility to cover promoting healthy and efficient competition on both the electricity and natural gas market and to secure reasonable and equitable service principles in the operations of both networks. The Electricity Market Authority began operations in mid-1995 as an expert body subordinate to the Ministry of Trade and industry when Finland's Electricity Market Act came into force, bringing with it a phased opening-up of the Finnish electricity market. The principle task of the Authority was, and remains, to supervise the pricing of transmission, distribution, and other network services, and to ensure a healthy level of competition

  10. 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)

  11. Small wind power systems: market, applications, architectures and energy management

    International Nuclear Information System (INIS)

    Roboam, X.

    2005-01-01

    Context and stakes of small wind power systems are described in this paper by situating both supply and demand as well as the main application fields. Technical issues are then concerned in terms of system structure, energy management and network connection. (author)

  12. WEC Europe - Road Map Towards a Competitive Energy Market

    International Nuclear Information System (INIS)

    Lundberg, G.

    2009-01-01

    G. Lundberg, the chair of regional task force presented the final draft report. The main conclusions and recommendations that the study has provided may be resumed as follows: 1) The creation of single European electricity market should be initiated with the formation of a core-European market by merging at first, two of the existing more advanced markets, in term of liberalization and effective operation, namely the Nordic and the Central Western European one. Thus, it will include 10 countries (Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, the Netherlands, Norway and Sweden) representing more than 50% of the EU-29 (plus Norway + Switzerland) electricity generation. Then, it would likely become attractive for joining by other currently fragmented European markets. The formation of the new core-European market should start immediately despite the current recession and it should be designed in a flexible frame, in order to ease the accommodation of the remaining markets; 2) The so-created core-European initial market will undoubtedly requires a set of common regional rules, to be elaborated in compliance with the third package provisions and the guidelines/market codes following the third package approval. Thus, it will provide a model for the remaining isolated markets, to be subsequently integrated. In this regulatory process, all the stake holders (power industry, TSO, regulators, consumers, related national and EU-bodies) must be involved, with a purpose to providing a practical input and thus, to minimize potential frictions, during the implementation phase; 3) The grid development in Europe is the key challenge to promote more competition and in particular, to accommodate the targeted 20% of electricity increases from renewable energy sources, by 2020. For this purpose, what ENTSO is preparing for the grid development and extension by 2020 is of primary importance. Crucial for the success of this plan will be how efficient would be the

  13. UK market for waste-to-energy

    International Nuclear Information System (INIS)

    Arthur, D.

    1993-01-01

    In this paper four key questions relating to the UK market for waste-to-energy have been addressed. (1) What has happened in the market place over the last 20 years? (2) What are the driving forces behind the recent upsurge of interest? (3) What are the problems currently facing us? (4) What is the outlook likely to be for the future? (author)

  14. 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...

  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. Characteristics of the Romanian energy market

    Science.gov (United States)

    Stet, M.

    2017-05-01

    This paper highlights the main characteristics of the energy market in Romania. Starting from the mode of organization and operation of the electricity market, there are revealed prices and tariffs for electricity for different categories of customers and their evolution in time. There are pointed also ways of setting electricity prices and tariffs, taking into account the expenditures actually recorded by economic operators.

  17. 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...

  18. 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

  19. 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

  20. 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)

  1. 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.

  2. 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

  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. Sport et éthique: enjeux et outils pour le marketing sportif - Sport and ethics: stakes and tools for marketing of sport

    OpenAIRE

    Emmanuel Bayle; Samuel Mercier

    2008-01-01

    (VF)Dans un contexte général d’une demande sociétale d’éthique, d’appel à la responsabilité sociale des entreprises et face aux attaques (dopage, violences, corruption…) que connaît aujourd’hui le mythe de l’éthique sportive, comment les organisations présentes dans le secteur du sport adaptent-elles leurs stratégies marketing ? Cet article propose une typologie des enjeux stratégiques de l’instrumentalisation de l’éthique sportive selon quatre types d’organisations. A partir de ce cadre conc...

  5. 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.)

  6. 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).

  7. Spillover effects in energy futures markets

    International Nuclear Information System (INIS)

    Lin, S.X.; Tamvakis, M.N.

    2001-01-01

    Price discovery in crude oil and refined oil products has been extensively undertaken in organised futures markets for over a decade now. There are two dominant such markets today: the first one in the New York Mercantile Exchange; and the second in London's International Petroleum Exchange. With the demise of OPEC as the leading price setter for crude and products, NYMEX light sweet crude and Brent crude have usurped the role of benchmark grades for price setting. To date considerable work has been done to scrutinise the degree to which these two markets price efficiently, but little with regard to the way the two markets interact. Participants in these markets move with relative ease from one market to the other and usually take positions in both of them. It is of interest, therefore, to investigate the information transmission mechanism by looking at spillover effects and, perhaps, identify which market is the true price leader. This paper is a first attempt to look at such a problem in the energy market, although similar studies have been done on stock market indices. It is found that substantial spillover effects do exist when both markets are trading simultaneously, although IPE morning prices seem to be considerably affected by the close of the previous day on NYMEX

  8. 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)

  9. 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

  10. 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.)

  11. 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

  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. Integrated energy systems and local energy markets

    DEFF Research Database (Denmark)

    Lund, Henrik; Münster, Ebbe

    2006-01-01

    Significant benefits are connected with an increase in the flexibility of the Danish energy system. On the one hand, it is possible to benefit from trading electricity with neighbouring countries, and on the other, Denmark will be able to make better use of wind power and other types of renewable...... energy in the future. This paper presents the analysis of different ways of increasing flexibility in the Danish energy system by the use of local regulation mechanisms. This strategy is compared with the opposite extreme, i.e. trying to solve all balancing problems via electricity trade...

  14. 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)

  15. 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.

  16. The EU internal market - a stake or a tool in European-Russian gas relations. The case of new member states gas

    International Nuclear Information System (INIS)

    Loskot-Stachota, Agata; Ramsay, William C.

    2011-06-01

    Since 2010 we have observed a new quality in EU energy policy. It is related to the European Commission's more or less direct engagement in the bilateral gas relations of a part of the new member states - Poland, Bulgaria and Lithuania - with Russia. Although the long term outcome of this activity of the EC is as yet unclear it seems to be important for several reasons. Firstly it might increase the possibilities of the enforcement of the EU's directives liberalising the internal gas market and specifically their implementation in individual gas agreements with suppliers from third countries (Gazprom). The consistency and determination of the EC in this field may be decisive for the future direction and depth of the liberalization of the EU gas market. Furthermore, present developments may lead to an increase in EU and specifically EC competence in the field of energy policy, especially its external dimension. So what lessons can we draw from recent Commission activities on the following issues: - Implementing EU gas market 2. and 3. liberalization packages and their main provisions - EU energy policy and its external dimension - recent developments and the EU's role - EU-Russia gas relations - where Russian and EU interests diverge. (authors)

  17. 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

  18. Energy, environment and the market

    International Nuclear Information System (INIS)

    Letta, E.

    2000-01-01

    Policy choices regarding energy and sustainable development need to be geared to the instruments that science and the economy make available in each country, partly because competitiveness restrictions be sustainable for the economy [it

  19. 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.

  20. 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

  1. 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

  2. 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

  3. German energy market 2017; Deutscher Energiemarkt 2017

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, Hans-Wilhelm [Weltenergierat - Deutschland, Berlin (Germany). Arbeitsgruppe Energie fuer Deutschland; World Energy Council, London (United Kingdom). World Energy Resources

    2018-03-15

    The basic orientation of the German energy supply as specified in the energy concept of the Federal Government towards the increased use of renewable energies with simultaneous increase of energy efficiency still determines the market development. In the present case, a current overview of the German energy market 2017 is given, which provides a concentrated compilation of the key figures of the energy industry. As in previous years, the article not only summarizes general facts about the energy mix, but also deals in detail with the development of the individual energy sources oil, natural gas, brown and hard coal, nuclear energy and renewable energies. Furthermore, the price trends are explained on the international markets and inland. An overview of the development of greenhouse gas emissions from 1990 to 2017 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 nach wie vor die Marktentwicklung. Vorliegend wird ein aktueller Ueberblick ueber den deutschen Energiemarkt 2017 gegeben, der 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. Eine Uebersicht ueber die Entwicklung der Treibhausgas-Emissionen von 1990 bis 2017 schliesst den Beitrag ab.

  4. 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...

  5. 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

  6. Breezing ahead: the Spanish wind energy market

    International Nuclear Information System (INIS)

    Avia Aranda, Felix; Cruz, I.C.

    2000-01-01

    This article traces the rapid increase in Spain's wind generating capacity, and examines Spain's wind strategy, the assessment of wind power potential at regional level, and the guaranteeing of the market price for power generators using wind energy with yearly reviews of the price of electricity from wind power. Prices payable for electricity generated from renewable sources are listed, and the regional distribution of wind energy production is illustrated. Recent wind power installations in Spain, target levels for wind energy installations, wind farms larger than 1MW installed in 1999, and the impact of the growth of the wind energy market on the manufacturing industry and the manufacturers are discussed. Details of the wind energy capacity in the provinces of Navarra and Galicia are given, and plans for wind energy projects in the New National Plan for Scientific research, Development and Technological innovation (2000-2003) are considered

  7. 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....

  8. Law project relative to the energy markets

    International Nuclear Information System (INIS)

    2002-01-01

    This document presents the law project relative to the energy markets. It aims to open the french gas market to the competition and defines the gas utilities obligations. The first part presents the main topics of the law: the natural gas distribution access, the natural gas sector regulation, the gas utilities, the natural gas transport and distribution, the underground storage, the control and penalties. The second part details the commission works concerning this law project. (A.L.B.)

  9. Market penetration of new energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    Packey, D.J.

    1993-02-01

    This report examines the characteristics, advantages, disadvantages, and, for some, the mathematical formulas of forecasting methods that can be used to forecast the market penetration of renewable energy technologies. Among the methods studied are subjective estimation, market surveys, historical analogy models, cost models, diffusion models, time-series models, and econometric models. Some of these forecasting methods are more effective than others at different developmental stages of new technologies.

  10. Marketing of fuels - energy from refuse

    Energy Technology Data Exchange (ETDEWEB)

    Tweedale, A W

    1986-03-01

    Ways of utilising low grade materials, achieving market acceptance and proving their technical and financial viability are discussed. Alternative ways in which wastes can be used to produce energy are outlined covering the incineration process whereby heat normally lost in the waste gases after the combustion of waste materials is recovered to produce heat and sometimes electricity, waste shredding and use in fluidised bed boilers, and combustion of waste pellets. Employment of utilities company and innovative and energetic approach to marketing are considered.

  11. 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)

  12. Energy markets and price relations

    International Nuclear Information System (INIS)

    Bergendahl, P.A.

    1986-10-01

    The aim of the report is to elucidate the way and extent of the dependence of the price of different energy species of one another and particularly of crude oil prices. Oil, coal and natural gas can substitute each other at many applications. The prices are dependent on mining, processing and transporting. Forecasting of prices and future trends are discussed

  13. Photovoltaic energy in power market

    NARCIS (Netherlands)

    Ho, D.T.; Frunt, J.; Myrzik, J.M.A.

    2009-01-01

    Photovoltaic (PV) penetration in the grid connected power system has been growing. Currently, PV electricity is usually directly sold back to the energy supplier at a fixed price and subsidy. However, subsidies should always be a temporary policy, and will eventually be terminated. A question is

  14. 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.

  15. Liberalization of electricity markets and energy security

    International Nuclear Information System (INIS)

    Yajima, Masayuki

    2004-01-01

    Liberalization of electricity markets begun in England in 1990 and became the trends of the times. Its effects on the energy security and atomic power generation are discussed. On the effects on energy security, change of construction of fuel of power generation, decrease of fuel feed by high efficiency of power generation, decrease of fuel stock by pressure of cost-cutting, increase of import rate of electricity, increase of power consumption with decrease of power cost, flexibility of supply contract, diversification of service, international cooperation on energy security and mutual dependence relation by international investment are discussed. On the effects of liberalization on the electricity markets, characteristics of nuclear power generation, risk of investment, effects of introduction of competition on development of the existing and new nuclear power generation, relation between development of nuclear power generation and market failure and what the government should do for development of nuclear power generation are discussed. (S.Y.)

  16. European municipalities and the liberalized energy market

    International Nuclear Information System (INIS)

    2002-04-01

    Municipalities are directly affected by the liberalization of the energy markets. Because they all consume or even produce energy, whether it be for their own consumption or to resell it, they often distribute gas, electricity or heat, they plan urban areas and organize the energy networks on their territory, while in addition citizens expect municipalities to inform them and even protect them against the possible excesses of energy salesmen. Elected representatives administrations, local agencies, municipal companies, citizens' associations etc., all have to innovate. This supplement to Energie-Cites INFO is intended to provide you with practical information and further analyses of the liberalization process. (authors)

  17. The India market for sustainable energy

    International Nuclear Information System (INIS)

    Bakthavatsalam, V.

    2000-01-01

    Sustainable and qualitative growth of developing economics and habitats require increased energy input from renewable sources. To mainstream these innovative options, we need to continue to develop cost-effective renewable energy technologies, to focus our efforts on replicable innovative institutional and financial models which are based on cost recovery principles and fostering private partnerships to enable the developing countries to use these technologies. In response to these challenges the points energy policy, energy conservation, marketing, promoting energy conservation and efficient management are discussed

  18. 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

  19. 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)

  20. Energy market barometer report - Winter 2016

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cartel, Melodie; Shao, Evan; Vernay, Anne-Lorene

    2017-01-01

    This Winter 2016 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer explores the opinion of French energy experts about the decentralization of the electricity sector in France. French experts were also asked where the focus of French energy policy should be in the next five years. Key findings: - French energy experts sense a clear trend toward the decentralization of the French electricity system; - Technology innovation and self-sufficiency for corporations and municipalities are the two major promises of decentralization; - The major barriers to faster decentralization in France are the high price of energy storage systems and the lack of political will; - 74% of experts believe that energy efficiency should be a top priority for French energy policy in the next five years; - Reducing greenhouse gas emissions and facilitating the decentralization of the electricity sector should also be a top priority for French energy policy in the next five years; - Experts are divided over the future of nuclear energy

  1. Information report made on behalf of the commission of economic affairs and national development and of the energy study group about the proceedings of the colloquium ''the European energy market: stakes and consequences of the opening'' organized by the French Senate on December 12, 2001; Rapport d'information fait au nom de la commission des Affaires Economiques et du Plan et du groupe d'etude de l'Energie sur les actes du colloque ''le marche europeen de l'energie: enjeux et consequences de l'ouverture'' organise par le Senat le 12 decembre 2001

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-07-01

    This report summarizes the debates that took place during this colloquium about the future unique and opened European energy market: 1 - a unique energy market in 2005: a voluntaristic perspective between a challenge and an imperative; 2 - the risks and opportunities of an opened market; 3 - the strategic and political choices for a sustainable regulated European market; 4 - which decisions for France? (J.S.)

  2. The market for tradable renewable energy credits

    International Nuclear Information System (INIS)

    Berry, David

    2002-01-01

    As states seek to foster the development of renewable energy resources, some have introduced renewable portfolio standards (RPSs) which require retailers of electricity to derive a specified amount of their energy supply from renewable energy resources. RPSs in Texas, Arizona, Wisconsin and Nevada allow for or require the use of tradable renewable energy credits. The price of such credits is expected to reflect the cost premium for generating electricity from renewable resources relative to the market price of conventionally generated electricity. Using the market to trade renewable energy credits exposes buyers and sellers to risks of imperfect information, poor performance, and opportunism. These risks can be managed through contractual arrangements and regulatory requirements pertaining to property rights in credits, pricing, term of the contract, and assurance of performance

  3. 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

  4. Stakes and modalities of the climatic risk covering

    International Nuclear Information System (INIS)

    Marteau, D.

    2006-01-01

    Several econometric works show that climatic volatility is at the first rank of the risk factors in several economic sectors like energy, textile, agriculture and food, tourism, leisure, building industries etc. However, climate remains an underestimated economic factor for several reasons: lack of awareness about the comparative stakes of climate risks management and market risks management, difficulties in the measurement of climate risk exposure, weak knowledge of covering techniques for private contract and organized markets, and unsolved question of risk sharing between shareholders and managers. This document analyzes the sensitivity of companies with respect to climate risk and describes the 5 steps of implementation of a climate covering policy: risk exposure measurement, risk bearing or transfer decision, definition of the optimum covering profile, choice of markets and covering instruments, efficiency measurement. A practical example is shown with its related questions. (J.S.)

  5. European energy market in 1980. Volume I

    Energy Technology Data Exchange (ETDEWEB)

    Ray, G; Robinson, C

    1975-01-01

    Three important general influences now affecting energy markets are: (1) exploitation of bargaining power by exporters of raw materials (especially oil); (2) changing attitudes in the developed world towards economic growth; and (3) the unprecedented combination of rapid inflation and serious recession. Fears of energy shortages helped precipitate the world crisis, but there is no energy famine imminent. The rise in energy prices resulted from use of OPEC's quasi-monopoly power rather than from real energy shortages. It is projected that European fuel markets in the next few years will be influenced by: poorer economic growth prospects, the increase in energy prices, oil-saving measures caused by consumers' adjustments over some years to the past huge oil price increases, and attempts by European governments to reduce dependence on OPEC oil. Possible substitutes for OPEC oil are their own various sources of crude oil, European natural gas, and electricity from nuclear fission. EEC's latest energy strategy calls for adequate supplies of cheap energy with minimum damage to the environment. Energy forecasts up to 1980 are given for the nine EEC countries and for Norway and Sweden. Data on energy demand, fuel consumption, and production are summarized. It is felt that, by 1980, Netherlands, United Kingdom, and Norway should be producing more energy than they consume. (MCW)

  6. Liberalization turns energy market upside down

    International Nuclear Information System (INIS)

    Lousberg, H.H.J.

    2002-01-01

    The consequences of free energy trade are discussed, i.e. the changes caused by liberalization of the energy market. The ability to purchase energy freely, thus creating competition between sources of energy, is changing the relationships between gas and electricity prices. The implications are very significant for building services contractors and energy companies and also for the selection of technical concepts. It also, of course, has implications for the environment. liberalization also gives certain customers the opportunity to consider their energy supply on an integrated basis. Who is going to supply me with energy, rather than who supplies electricity and who supplies gas? For example, the customer wants heating, cooling and electricity, and the conversion methods are not immediately relevant. This creates the possibility of offering, or outsourcing, a total 'energy' package [nl

  7. 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

  8. 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

  9. Roadmap towards a competitive European energy market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-10-15

    With the financial crisis evolving into a severe, global economic recession, there have been growing doubts over whether energy markets can continue to operate efficiently under present conditions or whether the shift to non-market mechanisms would be a better choice. This question remains an ongoing source of debate in the recently liberalised electricity sector. Textbook wisdom says that the market is the most efficient place to allocate financial means for investments. Therefore, during a period of a crisis, it should follow that we actually need more market mechanisms, not fewer, if we want to stimulate investments in an economically efficient way. Regulated electricity prices and nationalistic thinking will not help to solve Europe's electricity challenges with regards to either the generation or the transportation of electricity.

  10. 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

  11. Report 2 Energy Market Barometer - Summer 2014

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cateura, Olivier; Faure, Corinne; Jacob, Jojo; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Pinkse, Jonatan; Vernay, Anne-Lorene

    2014-09-01

    This Summer's edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer documents the French energy experts' expectations of the impact of the Ukraine crisis on energy supply, the focus of energy policy in France, the economic implications of the energy transition, and the development of energy prices. The findings on the Ukraine crisis are also compared to a parallel survey in Germany, which was carried out by the Center for European Economic Research (ZEW). Key findings: - Half the French experts believe that the Ukraine crisis has worsened the security of natural gas supply in France; - Appropriate responses to the Ukraine crisis include strengthening the EU energy market integration, and investing in pipelines and in liquefied natural gas infrastructure; - The high perceived emphasis on energy efficiency in the current French energy policy is justified, but the focus on affordability for households and security of supply appears somewhat overrated; - The French energy transition is expected to hurt utilities, but to benefit technology providers and the economy as a whole; - Most experts believe the prices for electricity, gas, oil, and coal will remain relatively stable over the next 6 months, but they will increase over the next 5 years (except coal); - Expected prices of CO_2 certificates have slightly increased since the previous barometer report, in particular for the medium term

  12. Energy sector in conditions of market economy

    International Nuclear Information System (INIS)

    Schervashidze, N.

    1993-01-01

    The main dilemma of energy sector in market conditions is: regulation of the monopole producer and/or competition. There is no simple answer and the arguments for and against should be based on the macro economical determination of what kind of market is available for particular energy goods (perfect, monopolistic, oligopolistic, competition of monopolists) and what is the final purpose (improvement in efficiency, service, energy independence, regional development, etc.). Two polar models of economic management in energy sector are distinguished: 1) Free access to transfer net or competition between producers. 2) State regulation of the local monopolist. The experience of Great Britain and US are described as examples of both models. A special attention is paid to pricing methods at regulated monopole. 7 refs. (author)

  13. Renewable energy promotion in competitive electricity markets

    International Nuclear Information System (INIS)

    Wohlgemuth, Norbert

    1999-01-01

    The opening of electricity markets to competition involves fundamental structural changes in the electricity supply industry. There is, however, doubt that the new industrial organisation will provide the right price signals that will ensure that renewable energy options will be adopted. Therefore, one of the numerous challenges in the energy industry restructuring process is to ensure that renewable energy has a fair opportunity to compete with other supply resources. This paper presents mechanisms to promote the use of renewable energy in competitive electricity markets. These mechanisms include the Non Fossil Fuel Obligation (NFFO), the Renewables Portfolio Standard (RPS) and the Systems Benefit Charge (SBC). The paper discusses merits and disadvantages of these mechanisms, given the experience made in the United States and the United Kingdom. (author)

  14. Requirements for success in competitive energy markets

    International Nuclear Information System (INIS)

    Wallis, E.

    1997-01-01

    A summary of a lecture delivered to the Institute of Energy on a power generator's experience of the UK competitive electricity market is given. It is concluded that privatization has met the public interest better than nationalisation and that the future lies in international growth and globalisation. (UK)

  15. Recent developments in European energy markets

    International Nuclear Information System (INIS)

    Schubert, E.

    1981-01-01

    The industrial development in Europe which has created a remarkable prosperity was originally based on the availability of indigenous energy. At a later stage Europe accepted the offer of low cost crude from the world market. Since a few years we have lost our influence to moderately adjust prises to the changing circumstances in the world market for primary energies since - the multinationally operating companies have lost their balancing power and - the direct dialogue between producing and consuming countries has so far not resulted in any success. The use of the flowery expression energy crisis pretends that we are suffering from a lack of available primary energy. But the actual situation is more to the contrary. At the privailing energy price level there is a manifold offer. Considerable efforts, however, are necessary to create the prerequisits for an utilization of the options among different primary energies. Infrastructures have to be changed requiring impulse on the part of the state. There is no reason to assume a limited availability of crude oil and petroleum products for the use in such sectors in which an early substitution would cause an excessive economic burden. Besides lignite only nuclear energy does offer for the time beeing a remarkable contribution for a reduction of the energy bill in Europe. Starting with the power plants of the first generation which are sufficiently tested and via the breeder technology nuclear power production will most probably approach the aime of the utilization of renewable energies at reasonable costs over the long term. (orig.) [de

  16. Direct Energy Marketing Ltd. 1998 annual report

    International Nuclear Information System (INIS)

    1999-01-01

    A corporate profile of Direct Energy Marketing Ltd. was presented for the benefit of shareholders. Direct Energy is responsible for marketing and distributing natural gas to residential, commercial and industrial customers. The company owns physical natural gas reserves that serve as a supply hedge to its growing customer base. The highlights for the natural gas distribution income fund (OPTUS) for 1998 were described. OPTUS acquired WestCastle Energy, adding 38 mmcf/d of natural gas supply. It also amalgamated Channel Lake Petroleum and WestCastle Energy into Direct Energy and created the production division, Direct Energy Resources. It also formed Energy America with Sempra Energy, adding over 160,000 retail customers in Michigan and Ohio. Direct Energy's consolidated financial statements were presented for the benefit of shareholders. These included statements of earnings and deficit, balance sheets, and statements of changes in financial position. Notes to the consolidated financial statements included highlights of significant accounting policies, changes in accounting policies, acquisitions, discontinued operations, and capital assets. tabs., figs

  17. 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)

  18. 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)

  19. Simulation based decision support for strategic communication and marketing management concerning the consumer introduction of smart energy meters

    Directory of Open Access Journals (Sweden)

    Jeroen STRAGIER

    2013-07-01

    Full Text Available Communication and marketing professionals make strategic decisions in highly complex and dynamic contexts. These decisions are highly uncertain on the outcome and process level when, for example, consumer behaviour is at stake. Decision support systems can provide insights in these levels of uncertainty and the professional process of decision making. However, literature describing decision support tools for strategic communication and marketing management that provide clear insights in uncertainty levels is lacking. This study therefore aims at developing a consumer behaviour simulation module as an important element of such a future decision support tool. The consumer behaviour simulation we propose in this paper is based on data collected from a survey among 386 households with which a behavioural change model was calibrated. We show how various decision scenarios for strategic communication and marketing challenges can be explored and how such a simulation based decision support system can facilitate strategic communication and marketing management concerning the introduction of a smart energy meter.

  20. 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

  1. The renewable energy market in Australia

    International Nuclear Information System (INIS)

    2002-01-01

    Australia is committed to an 8 per cent reduction in its emissions of greenhouse gases above 1990 levels as a result of the Kyoto Protocol for the period 2008-2012. At present, the emissions stand at 17.4 per cent above 1990 levels. Total electrical power in Australia resulting from renewable energy is in the order of 10.5 per cent. A mandatory renewable energy target of 9500 gigawatt hour (GWh) of extra renewable energy is to be produced annually by 2010, under the Renewable Energy (Electricity) Act. An emissions trading system has been implemented, involving one renewable energy certificate (REC) created for each megawatt hour of renewable energy generated. A significant expansion of the demand for renewable energy is expected in Australia over the next ten years, according to the Australian Greenhouse Office. Increased opportunities for local and international firms operating in the field of renewable energy are being created by the Australian government through initiatives such as the Renewable Energy Commercialization Program, and the Renewable Remote Power Generation Program. Solar, biomass, and wind power are comprised in the wealth of renewable energy resources in Australia. The market remains largely undeveloped. Firms from the United States and the European Union are the leading exporters of renewable energy technology to Australia. Public utilities and independent power producers having entered the deregulated electricity market are the consumers of renewable energy technology and services. A country with minimal duties in most cases, Australia has much in common with Canada, including similar regulatory and legal systems. Australia applies a 10 per cent goods and services tax, which would apply to Canadian exports. It was advised to consult the Australian Customs Service for additional information concerning duties that might be applicable to the renewable energy industry. 28 refs., 3 tabs

  2. The energy in Colombia: A wholesale market

    International Nuclear Information System (INIS)

    1996-01-01

    One year ago, the national government's energy politics, gave beginning to a novel strategy for the restructuring of the sector: The setting in march of the wholesale energy market -WEM - and the opening of the energy bag under the administration of interconnection electric S.A. E. P. S., ISA. After a year of works, the positive balance of the market and their permanent growth, are the best letter in presentation of this sector of the national economy. The wholesale energy market is conformed by generating companies. The generating ones are the companies with capacity of superior generation to the 20 MW that they are connected to the national interconnected system; it doesn't care if the origin of this energy is hydraulic, gas, coal or liquid fuel. The generators participate in the WEM with energy offers for price and with their long-term contracts. In the bag they can also offer or to buy energy the generators with capacity between 1 and 20 MW, registered in the National Center of Office CO of ISA, as WEM participants. These can be associated to a generator, to a distributor, to be conformed by one or several groups of big consumers or for organized companies for this purpose, as Mamonal in Cartagena. These users with more demand to 2 MW assisted in oneself place, receive the name of Not Regulated Clients -NRC - and they can hire their energy in free form. The commission of energy regulation and gas ERG modified the tops for these clients starting from January of 1997, the not regulated clients will be this way those that have a same demand or superior to 1 MW; and in January of 1998, bigger than 0.5 MW

  3. Decentralized energy supply on the liberalized market

    International Nuclear Information System (INIS)

    Pauli, H.

    1999-01-01

    Starting in 2001, the electricity market is to be progressively liberalized. The process will be completed by the year 2006. What role will decentralized power generation using combined cycle power plants play on a liberalized market ? The background conditions are essentially favourable: both the new energy act, which has been in force since 1 January 1999, and the planned energy levy suggest that this technology will become increasingly widespread. In addition, the price trend for combined cycle plants components together with low energy costs are having a favourable impact. On the other hand, great uncertainty is being created by the process of liberalization and the current flood of investments in power generation. However, electricity supply is unlikely to be in surplus for long in a context of sustained economic growth. (author)

  4. 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

  5. Transforming Global Markets for Clean Energy Products

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This paper looks at three clean energy product categories: equipment energy efficiency; low-carbon transport, including high-efficiency vehicles and electric/plug-in hybrid electric vehicles (EV/PHEVs); and solar photovoltaic (PV) power. Each section identifies ways to enhance global co-operation among major economies through case studies and examples, and ends with specific suggestions for greater international collaboration on market transformation efforts. An annex with more detailed case studies on energy-efficient electric motors, televisions, external power supplies and compact fluorescent lights is included in the paper.

  6. Predictability of Wave Energy and Electricity Markets

    DEFF Research Database (Denmark)

    Chozas, Julia Fernandez

    2012-01-01

    The articlw addresses an important challenge ahead the integration of the electricity generated by wave energy conversion technologies into the electric grid. Particularly, it looks into the role of wave energy within the day-ahead electricity market. For that the predictability of the theoretical...... power outputs of three wave energy technologies in the Danish North Sea are examined. The simultaneous and co-located forecast and buoy-measured wave parameters at Hanstholm, Denmark, during a non-consecutive autumn and winter 3-month period form the basis of the investigation. The objective...

  7. Nuclear communications and deregulated energy market

    International Nuclear Information System (INIS)

    Ruuskanen, Antti

    1998-01-01

    The electricity market a over the world is facing the most profound change ever. The market is to be deregulated, competition will be increased and companies privatised. The boom started from the UK but today the Nordic market is the most liberalised in the world. Nordic market consists of annual power sales around 350 TWh and only a modest growth potential of 12 percent per year. All fuels and all technologies meet in the marketplace. Nuclear has its good one fourth share of the production there. Nuclear is clearly for base-load with low marginal costs next to hydro electric power. There are four major players in the Nordic market. Swedish Vattenfall, IVO Group and Swedish Sydkraft are the three biggest in that order, and all of them have nuclear assets. The market is characterised by lowest power prices in Europe, two electricity exchanges and continuous power trade across the borders. The described market change from national and less open utility driven sector has clear impacts to companies strategies and consequently also to communications. All these circumstances demand, New target groups from corporate communications' point of view; new communications language to change to more business-like; new insider rules and new information practices; new business orientated journalists against a new reference group. This all opens new challenges and possibilities to re-build nuclear image. Market economy in electricity will also ease governmental nationally oriented energy policies and let market forces to decide whether investments are viable or not. This is positive for nuclear - again if and only if the power plants are managed in an economically viable way. Deregulation may open the market from political deadlock to new nuclear investments in case the above mentioned requirements are correct. All in all, market change comes sooner or later to regions not yet liberalised. It will challenge nuclear companies and their communications. The change always creates

  8. 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

  9. 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

  10. Managing companies in an open energy market

    International Nuclear Information System (INIS)

    Kaeser, A.

    2006-01-01

    This article presents a comparison of management methods in the electricity supply industry in Germany and Switzerland and of the measures that can be taken in order to meet the new regulatory demands resulting from the opening of the electricity market. The development of legislation on the opening of the electricity market in Switzerland is briefly looked at and the situation to be found in many Swiss companies in the energy sector is looked at. The equivalent situation to be found in Germany is also reviewed as well as various prerequisites for the unbundling of the market, including the so-called 'revenue-cap' method. Quality-assurance in this area is also looked at, as are performance management and other controlling aspects. Also, transport lines and mains-usage are discussed, along with their appropriate regulation. An example is given of a system that allows computer access to the relevant data

  11. The economics of energy market transformation programs

    International Nuclear Information System (INIS)

    Duke, R.; Kammen, D.M.

    1999-01-01

    This paper evaluates three energy-sector market transformation programs: the US Environmental Protection Agency's Green Lights program to promote on-grid efficient lighting; the World Bank Group's new Photovoltaic Market Transformation Initiative; and the federal grain ethanol subsidy. The authors develop a benefit-cost model that uses experience curves to estimate unit cost reductions as a function of cumulative production. Accounting for dynamic feedback between the demand response and price reductions from production experience raises the benefit-cost ratio (BCR) of the first two programs substantially. The BCR of the ethanol program, however, is approximately zero, illustrating a technology for which subsidization was not justified. Their results support a broader role for market transformation programs to commercialize new environmentally attractive technologies, but the ethanol experience suggests moderately funding a broad portfolio composed of technologies that meet strict selection criteria

  12. Market penetration of energy supply technologies

    Science.gov (United States)

    Condap, R. J.

    1980-03-01

    Techniques to incorporate the concepts of profit-induced growth and risk aversion into policy-oriented optimization models of the domestic energy sector are examined. After reviewing the pertinent market penetration literature, simple mathematical programs in which the introduction of new energy technologies is constrained primarily by the reinvestment of profits are formulated. The main results involve the convergence behavior of technology production levels under various assumptions about the form of the energy demand function. Next, profitability growth constraints are embedded in a full-scale model of U.S. energy-economy interactions. A rapidly convergent algorithm is developed to utilize optimal shadow prices in the computation of profitability for individual technologies. Allowance is made for additional policy variables such as government funding and taxation. The result is an optimal deployment schedule for current and future energy technologies which is consistent with the sector's ability to finance capacity expansion.

  13. Stakes Matter in Ultimatum Games

    DEFF Research Database (Denmark)

    Andersen, Steffen; Ertaç, Seda; Gneezy, Uri

    2011-01-01

    One of the most robust findings in experimental economics is that individuals in one-shot ultimatum games reject unfair offers. Puzzlingly, rejections have been found robust to substantial increases in stakes. By using a novel experimental design that elicits frequent low offers and uses much...... larger stakes than in the literature, we are able to examine stakes' effects over ranges of data that are heretofore unexplored. Our main result is that proportionally equivalent offers are less likely to be rejected with high stakes. In fact, our paper is the first to present evidence that as stakes...

  14. Wind power: Areva acquires a 51% stake in Multibrid

    International Nuclear Information System (INIS)

    2007-01-01

    AREVA announced the acquisition of a 51% stake in Multibrid, a designer and manufacturer of multi-megawatt off-shore wind turbines based in Germany. With this acquisition, AREVA has entered into a joint venture with Prokon Nord, a German off-shore wind turbine and biomass plant developer and current owner of Multibrid. This transaction values Multibrid at euro 150 million. AREVA plans to rapidly further develop Multibrid's activities by giving the company access to its industrial resources, financial base and international commercial network. In return, Multibrid will provide AREVA with its leading-edge technology which, developed for 5 MW turbines, can achieve a very high output while reducing operating costs thanks to a simplified maintenance system. With this stake in Multibrid, AREVA aims to increase its presence on the offshore wind market that meets land settlement requirements and that should grow significantly in the years to come (from 300 MW in Europe today to an expected 1400 MW by 2011). As an exclusive supplier of Prokon Nord, Multibrid will participate in projects such as Borkum West (30 MW), the first offshore project in Germany, Borkum West 2 (400 MW), and Cote d'Albatre (105 MW), the first offshore wind farm project in France. The stake in Multibrid strengthens AREVA's strategic positioning on the CO 2 -free energy market, thanks to complementary solutions ranging from nuclear technologies to renewables. A number of recent achievements illustrate this strategy: - bio-energy (crucial energy supply in numerous rural areas): delivery of turnkey biomass power plants; ongoing construction of 10 plants in India, Thailand and Brazil; future development plans in fast-growing regions, such as Latin America; - wind power: Multibrid adds to the Group's stake in REpower and to its partnership with Suzlon for which AREVA is the number one supplier of transmission and distribution solutions for wind power; - hydrogen and fuel cells: design and manufacture of

  15. Sustainable resource planning in energy markets

    International Nuclear Information System (INIS)

    Kamalinia, Saeed; Shahidehpour, Mohammad; Wu, Lei

    2014-01-01

    Highlights: • Sustainable resource planning with the consideration of expected transmission network expansion. • Incomplete information non-cooperative game-theoretic method for GEP. • Maximizing utility value whiling considering merits of having various generation portfolios. • Minimizing risk of investment using renewable generation options. • Application of the stochastic approach for evaluating the unpredictability of opponent payoffs and commodity values. - Abstract: This study investigates the role of sustainable energy volatility in a market participant’s competitive expansion planning problem. The incomplete information non-cooperative game-theoretic method is utilized in which each generation company (GENCO) perceives strategies of other market participants in order to make a decision on its strategic generation capacity expansion. Sustainable generation incentives, carbon emission penalties, and fuel price forecast errors are considered in the strategic decisions. The market clearing process for energy and reserves is simulated by each GENCO for deriving generation expansion decisions. A merit criterion (i.e., the utility value) is proposed for a more realistic calculation of the expected payoff of a GENCO with sustainable energy resources. Finally, the impact of transmission constraints is investigated on the GENCO’s expansion planning decision. The case studies illustrate the effectiveness of the proposed method

  16. 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.

  17. 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...

  18. Electricity and energy policy: French specificities and stakes in the European framework; Electricite et politique energetique: specificites francaises et enjeux dans le cadre europeen

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-15

    The present day context of liberalization of European power markets and increase of energy prices raises the question of the competitiveness of the French economy: what type of supply and what technological trend would allow to relax this constrain? It is therefore the overall main trends of the French energy policy that should be reexamined in the broader framework of Europe. This is the aim of this document. It presents, first, the present day organization of the French power market and the recent changes that have followed its opening to competition. Then, it describes the evolutions since the first petroleum shock and the share given to electricity in the French energy mix, the technological choices that have led to the present day domination of nuclear energy in the power generation means. Finally, this policy and its perspectives is compared to the main European trends in the domain of energy security, environment protection and market liberalization. It appears, in particular, that the choices made by France in the domain of electricity (demand mastery efforts, large share given to electricity, preponderance of nuclear power, development of renewable energy sources, in particular hydroelectric power) have limited its energy bill and enhanced its energy independence. Also, all energy sources considered, they have led to a low level of CO{sub 2} emissions with respect to other developed countries. (J.S.)

  19. Report 3 energy market barometer - Winter 2014

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cateura, Olivier; Faure, Corinne; Jacob, Jojo; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Pinkse, Jonatan; Shomali, Azadeh; Vernay, Anne-Lorene

    2015-01-01

    This Winter 2014 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer documents the French energy experts' estimates of the future electricity mix in France and in the European Union, their assessment of the regulatory conditions in France for investments in energy technologies, and their expectations about the development of energy and CO_2-certificate prices. Key findings: - Fewer than one in four experts believes that the target to decrease nuclear power's share of the French power mix to 50% by 2025 will be met; - The share of renewable energy sources (other than hydropower) in the French power mix is expected to almost quadruple by 2030; - Renewable energy sources (other than hydropower) are believed to become the dominating source of electricity in the EU in 2030; - About two thirds of the experts think that current regulatory conditions in France are particularly accommodating for investments in energy efficiency and renewable energies; - Experts are divided over how supportive current and future regulatory conditions are for encouraging investments in nuclear power in France; - Electricity prices are expected to remain stable over the next six months but to increase over the next 5 years; - Oil prices are expected to continue to decrease over the next six month, but increase over the next 5 years; - CO_2 certificate prices are expected to rise only in the medium to longer term but levels remain rather low

  20. Economic games on the internet: the effect of $1 stakes.

    Directory of Open Access Journals (Sweden)

    Ofra Amir

    Full Text Available Online labor markets such as Amazon Mechanical Turk (MTurk offer an unprecedented opportunity to run economic game experiments quickly and inexpensively. Using Mturk, we recruited 756 subjects and examined their behavior in four canonical economic games, with two payoff conditions each: a stakes condition, in which subjects' earnings were based on the outcome of the game (maximum earnings of $1; and a no-stakes condition, in which subjects' earnings are unaffected by the outcome of the game. Our results demonstrate that economic game experiments run on MTurk are comparable to those run in laboratory settings, even when using very low stakes.

  1. Economic games on the internet: the effect of $1 stakes.

    Science.gov (United States)

    Amir, Ofra; Rand, David G; Gal, Ya'akov Kobi

    2012-01-01

    Online labor markets such as Amazon Mechanical Turk (MTurk) offer an unprecedented opportunity to run economic game experiments quickly and inexpensively. Using Mturk, we recruited 756 subjects and examined their behavior in four canonical economic games, with two payoff conditions each: a stakes condition, in which subjects' earnings were based on the outcome of the game (maximum earnings of $1); and a no-stakes condition, in which subjects' earnings are unaffected by the outcome of the game. Our results demonstrate that economic game experiments run on MTurk are comparable to those run in laboratory settings, even when using very low stakes.

  2. Active Market Share: measuring competitiveness in retail energy markets

    International Nuclear Information System (INIS)

    Loomis, D.; Malm, E.

    1999-01-01

    As retail electric and gas markets deregulate, market share measurement becomes critical for marketers, regulators, and incumbent utilities. Yet traditional market share measures miss important features of these network industries. In this paper we model provider choice in network industries and develop two alternate market share measures - The Active Market Share (AMS) and the New Mover Market Share (NMMS), that are based on 'active demand'. These measures are shown to provide more accurate real-time measures of market activity. The NMMS is a special case of the AMS which is easy to measure empirically. Numerical simulations are used to provide comparisons between each measure over time. Both the AMS and NMMS will be important tools for anyone interested in measuring the competitiveness of deregulating markets. (author)

  3. Preparing tomorrow's grid: RTE at the service of regions to support energy transition. Regional electric assessments - Stakes and key data

    International Nuclear Information System (INIS)

    2014-06-01

    This document gathers a first one which presents the regional electric assessments and 21 regional reports. The presentation document briefly outlines the interdependency of regions, the diversity of regional situation in terms of electricity production and consumption, needs and ways to develop energy saving in order to reduce sensitivity to temperature, the evolution, objectives and contrasted results of the development of renewable energies, the investments and projects by RTE to develop and improve the grid. Regional reports propose maps and graphs and a synthesis of the evolution of electricity consumption, of the evolution of electricity consumption by industries, of the evolution of peak consumptions, of the evolution of consumption coverage by regional production, of the origin of electricity production (renewable thermal, photovoltaic, thermal fossil, hydraulic, nuclear), of the evolution of the various productions (renewable, hydraulic, thermal fossil, nuclear), of the evolution of the share of renewable energies, of the development of photovoltaic and wind installed power. They also present projects and investments, and propose maps of France indicating the level of consumption, the evolution of consumption between 2006 and 2013, the production/consumption rate of the different French regions and the energy exchanges between regions

  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. Integration of the North American energy market

    International Nuclear Information System (INIS)

    Lapointe, A.

    2002-07-01

    The US energy policy of President Bush administration proposes to develop a North American energy framework with a greater energy integration between Canada, the USA and Mexico in the respect of the sovereignty of each country. This article tries to evaluate the integration status of the energy sector in Northern America with respect to the North American free-exchange agreement and to the deregulation process observed in the natural gas and electric power sectors. The commercial energy fluxes between Canada, Mexico and the US show that the integration is a reality and that it is in constant progress. This integration is particularly important in the case of Canada and the USA while major constraints remain in Mexico where the property and exploitation of natural resources is a government monopoly. For this reason, Mexico could never exploit the full potentialities of its resources and suffers from a chronical under-investment in its energy infrastructures which limits the energy trade. Despite this, there is a strong will from the Mexican authorities to ensure the modernization of its energy sector and to contribute more to the integration process of the north American energy market. A series of reforms, and in particular the fiscal reform started by the government should reduce the excessive dependence of the government incomes with the dividends from the energy sector. This should allow the different government companies to reinvest more its benefits in order to improve the existing infrastructures and to increase the capacities (in particular in the gas and electricity sectors). Finally, the recent will of the government to open the gas sector should allow the development of this energy source. (J.S.)

  6. 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

  7. Stake and limit of nuclear energy on the respect of social, cultural and economic rights of African people

    International Nuclear Information System (INIS)

    KABORE Al Hassan

    2009-06-01

    The development of the capacities of energy production generates economic, social and cultural progress. However the energy production, especially that related to nuclear power, comprises many risks for man and his environment. These risks are primarily related to safety and health. In the developing countries like Burkina Faso, the nuclear engineering is used in the field of socio-economic and cultural development, and is beneficial to agriculture, medicine, the breeding, the research and management of water resources. The use of this nuclear engineering must however be subjected to the safety standards in the prospect of minimizing dangers such as accident risks, the stealing of sealed sources or its use by unqualified people. Its use should also be done in line with respecting human rights according to the convention on the complementary repair of damages. That would help reduce considerably the impacts of the use of nuclear engineering on human rights relating to public health, the environment and to the food [fr

  8. Energy market barometer report - Summer 2015

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cartel, Melodie; Cateura, Olivier; Faure, Corinne; Grover, David; Jacob, Jojo; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Shomali, Azadeh; Vernay, Anne-Lorene

    2015-01-01

    This Summer 2015 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer explored the expectations of French Energy experts regarding the Climate Summit (COP21) in Paris next December, and the future evolution of CO_2 certificate prices. The experts were also asked about the development of energy prices. Key findings: - 62 % of the French energy experts do not expect a legally binding agreement to emerge from the Paris Climate Summit - this share was 77 % among the German experts; - A majority of the French energy experts think that failing to reach a legally binding agreement at the Paris Climate Summit would not change the French climate policy targets; - A legally binding agreement would have positive effects on investment in the energy sector and, in particular, the electrical industry; - Two-thirds of the French energy experts believe that an agreement in Paris would generate a momentum for climate innovation in OECD countries, but less so in non-OECD countries; - CO_2 certificate prices rise only in the medium to long term but levels remain rather low. The announced intention of the G7 to phase out all fossil fuels by the end of this century did not affect the experts' expectations about CO_2 certificate prices or medium-term fuel prices; - Electricity and coal prices are expected to remain stable over the next six months. The majority of the experts consider the current low oil and gas prices to be a rather temporary phenomenon

  9. Renewable Energy: Markets and Prospects by Regions

    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 on policies for Deploying Renewables and is intended to complement the main publication. This information paper provides an in-depth account of the regional markets and policy trends in all six focus regions; 56 countries in total. Each region is discussed with regards to: recent market developments in the electricity, heat and transport sector; policy developments; IEA projections; an analysis of the mid-term (2030) potential of renewable energy technologies in these regions; and an analysis of the strategic drivers underpinning the deployment of RE in each region.

  10. Renewable energy: Externality costs as market barriers

    International Nuclear Information System (INIS)

    Owen, Anthony D.

    2006-01-01

    This paper addresses the impact of environmentally based market failure constraints on the adoption of renewable energy technologies through the quantification in financial terms of the externalities of electric power generation, for a range of alternative commercial and almost-commercial technologies. It is shown that estimates of damage costs resulting from combustion of fossil fuels, if internalised into the price of the resulting output of electricity, could lead to a number of renewable technologies being financially competitive with generation from coal plants. However, combined cycle natural gas technology would have a significant financial advantage over both coal and renewables under current technology options and market conditions. On the basis of cost projections made under the assumption of mature technologies and the existence of economies of scale, renewable technologies would possess a significant social cost advantage if the externalities of power production were to be 'internalised'. Incorporating environmental externalities explicitly into the electricity tariff today would serve to hasten this transition process. (author)

  11. The opening of energy markets in France

    International Nuclear Information System (INIS)

    Anon.

    2002-01-01

    After the last 2002 change of government in France, the new changes in the energy policy have started to be implemented. These changes will have some consequences on the energy markets, on the rate of development of competition, and on the institutional modifications of the historical electricity and gas utilities and of their respective regulation authority. During the colloquium on energy, organized at the Senate on June 2002, F. Mer, minister of economy, and N. Fontaine, delegate minister of industry, have expressed their will in this way. This article reworks the highlights of the most significant talks given at this colloquium and makes a selection of some key information, opinions and proposals published in the press during summer. (J.S.)

  12. Market survey Hungary. Bio-energy

    International Nuclear Information System (INIS)

    2008-01-01

    Basic characteristics of the market for bioenergy (biomass, biogas and biofuels) in Hungary and consequences for business environment are summarized, based on a SWOT analysis. RES is the priority issue to which a lot of attention is paid both at governmental and private level; private investors should view RES as a new niche for their business activities. Standard approach based on a thoroughly done preparation of the project in terms of profitability and risk assessment is necessary in order to avoid potential financial losses due to changed market conditions or differences between assumptions and business reality. Some recommendations for entry on the Hungarian bio energy market are presented: (1) Generally, look for success stories in the Netherlands first and then look for places where such proved and time-tested technologies could be used in Hungary with respect to local specifics. In such way, you can find market niches where investment can be made or new products can be launched; (2) For retail selling it is appropriate to establish business contacts with existing dealers and associations and offer own products through their distribution network. This scheme has the advantage of low initial costs as well as risks involved; (3) In the case of large investments into equipment complexes using RES it seems more appropriate to refer directly either to municipal authorities on whose cadastre the investment should take place or to specialized consultancy agencies that can support the plan with additional information on legal requirements, national programmes supporting RES or available technology. Of course, direct collaboration with well-established local partner can be beneficial for both sides too; (4) If you want to receive up-to-date information on particular aspects of the biomass market in Hungary, you can refer to some governmental organisations associations referred in the key contact addresses

  13. 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

  14. Energy market barometer report - Winter 2015

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cartel, Melodie; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Vernay, Anne-Lorene

    2016-01-01

    This Winter 2015 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer gauged the expectations of French energy experts regarding the low oil price and its consequences on alternative energy technologies. The experts were also asked about the investment climate for energy technologies in France. Key findings: - The energy experts consider the current low oil price a temporary phenomenon. The price of a barrel of crude oil (Brent) to reach US$ 55 at the end of the year (2016). About three quarters of respondents expect the price of oil to increase in 5 years and to exceed US$ 100 per barrel within 10 years. - The current weak price of crude oil is thought to have an adverse impact on the amount of investment in renewables for heat generation, in biofuels, and in energy efficiency technologies. - The experts view the current regulatory environment in France for investments in renewables, e-mobility, smart grids and energy efficiency favorably. They expect it to continue to improve over the next 5 years. However, nuclear energy and natural gas will not see their investment climate improved. - The recent developments on the global and national political stage have not moved most energy and CO_2 price expectations. The experts chart a progressive yet under-whelming raise in the price of CO_2 certificates in the medium to long term, from currently 8.5 euro/ton to euro 10-15 euro/ton in 5 years and 20-25 euro/ton in 10 years. - Prices of electricity, oil and natural gas are expected to rise in the medium term but remain stable over the next six months temporary phenomenon. Coal is the only energy carrier for which experts expect a decrease in price over the next five years

  15. Energy policy and energy market performance: The Argentinean case

    International Nuclear Information System (INIS)

    Recalde, Marina

    2011-01-01

    In the early 1990s Argentina liberalized and privatized the energy system, trending to a total market oriented system and abandoning the use of energy policy. Since 2004, as a result of a boom in energy demand and constrains in energy supply, Argentina has gone through an energy problem mainly related to natural gas and electricity, which derived in energy shutdowns. In this frame, this study explores the role of energy policy and institutions in Argentina, with the aim of discussing whether it has been properly used to contrast the observed lack of coordination between fossil energy reserves management and the demand of fuels in power generation. The results of the analysis enhance the relevance of regulatory and control authorities, as well as the active use of long run energy policy for the energy system performance in order to avoid coordination failures between subsectors of the system. The relevance of energy consumption for the development process, and the particular characteristics of energy systems require a wide planning perspective. - Highlights: → This paper examines some aspects of the performance of the Argentinean energy system and energy policy. → There is a lack of coordination between fossil energy reserves management and electricity demand. → It is required an improvement of the regulatory framework, and an active role of the regulatory authorities. → A better planning for electricity supply and strengthening aspects related to the linking with other energy chains. → Promoting a systematic exploitation of NG and oil reserves' and increasing the share of RETs in the energy mix.

  16. Energy market and investment - political economy of supply security in the market of energy

    International Nuclear Information System (INIS)

    Leban, R.

    2005-01-01

    A market structure that appears to be adapted to achieving a supply security purpose in the sectors of oil power and gas, is an organisation where upstream energy markets include industrial players of adequate sizes involved downstream and where futures exchanges prevail at prices translating anticipations on 'basics' since spot markets are more of adjustment markets. Policy weighs hugely on those markets. The extra competition lately instilled in the electrical and gas markets in developed countries results in no decrease, as complicated exchange rules need to be thought up and the market power needs to be monitored. Political intervention is also carried out in the name of environmental policies, in a strong interaction with the operation of the said markets and therefore with a not insignificant risk of disruption. The oil market is a highly political one, since the key to exchanges, i.e. access to primary resources, is played between producing countries and huge oil and gas companies close to consuming countries. There is a strong temptation in the electrical sector, to add security policies in order to prevail over the market. Gas, which is oil upstream and electrical downstream, requires, in consuming countries, a delicate balance of policies to support operators as buyers and to control the same operators as players of the gas- gas competition. The prognosis on the market's ability to provide safe supply efficiently to citizens if security policies are implemented is rather good in areas where demand is moderately growing and networks are developed. It is however not as good in areas where there are high needs for production and transport investments, i.e. in countries that are developing now, and will be...in Europe soon. (author)

  17. Investment in the Western Hemisphere energy market

    International Nuclear Information System (INIS)

    Gillam, P.J.

    1991-01-01

    This paper reports that the main characteristics of Western Hemisphere energy markets are well known to those in the energy industry. The United States sits in the northern half of the hemisphere, importing more and more oil from the rest of the world. Brazil, with a market one-tenth of the size of the United Sates, sits in the southern half of the hemisphere, importing less and less oil from the rest of the world. Venezuela sits in the center with an eye to the future as a long-term player in the world petroleum industry. Venezuela has 6 or 7 percent of the world's known conventional petroleum reserves, plus an uncountable bitumen resource which is now being commercialized as Orimulsion, a low-emission substitute for coal. The United States is circled by major producing countries with smaller exports, such as Mexico and Canada, and there are smaller producing or consuming countries of which Colombia is the largest exporter and Argentian the largest importer. The United States dominates the numbers. Half of British Petroleum's (BP) investments have been in the energy industry of the Western Hemisphere. We are maintaining that proportion, but opportunities are becoming more difficult to find

  18. Wind energy market study Eastern Europe. Poland

    International Nuclear Information System (INIS)

    Skjerk Christensen, P.

    1994-04-01

    The main objective of the THERMIE Associated Measure WE05 is to study market conditions and estimate the market for wind power in Eastern Europe. This report describes the results of a study of the conditions in Poland, which has been concentrated on the following areas: wind energy potential in Poland; data concerning the present structure of the power production system including costs; payback prices, subsidies, etc. with relation to renewable energy sources, especially wind power; information on existing wine turbines and their production in Poland; possibilities for co-production of wind turbines by Polish and EC factories, and rules and legislation pertaining to the establishment of wind turbines and to power production by wind, eg regulations related to grid connection, safety and environment. According to existing data there are possibilities for using the wind potential in certain parts of poland. The wind data have to be improved if particular sites are considered for wind parks. The current official plans concerning the energy system have taken renewable sources into consideration, including wind power that is estimated to contribute ∼ 1 GWh by 2005-2010. Wind turbines may be connected to the public grid with due regard to the strength of the line. Presently, the owner has to pay all the costs, however, new rules are under consideration. The conditions for the connection and operation of wind turbines have to be discussed with the particular utility on an an-hoc basis. (EG)

  19. Market power in interactive environmental and energy markets

    DEFF Research Database (Denmark)

    Amundsen, Eirik S; Nese, Gjermund

    2017-01-01

    electricity and TGC markets, and focus on the role of market power (i.e., Stackelberg leadership). One result is that a certificate system faced with market power may collapse into a system of per-unit subsidies. Also, the model shows that TGCs may be an imprecise instrument for regulating the generation......A market for tradable green certificates (TGCs) is strongly interwoven in the electricity market in that the producers of green electricity are also the suppliers of TGCs. Therefore, strategic interaction may result. We formulate an analytic equilibrium model for simultaneously functioning...

  20. 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.

  1. Backwardation in energy futures markets: Metalgesellschaft revisited

    International Nuclear Information System (INIS)

    Charupat, N.; Deaves, R.

    2003-01-01

    Energy supply contracts negotiated by the US Subsidiary of Metalgesellschaft Refining and Marketing (MGRM), which were the subject of much subsequent debate, are re-examined. The contracts were hedged by the US Subsidiary barrel-for-barrel using short-dated energy derivatives. When the hedge program experienced difficulties, the derivatives positions were promptly liquidated by the parent company. Revisiting the MGRM contracts also provides the opportunity to explore the latest evidence on backwardation in energy markets. Accordingly, the paper discusses first the theoretical reasons for backwardation, followed by an empirical examination using the MGRM data available at the time of the hedge program in 1992 and a second set of data that became available in 2000. By using a more up-to-date data set covering a longer time period and by controlling the time series properties of the data, the authors expect to provide more reliable empirical evidence on the behaviour of energy futures prices. Results based on the 1992 data suggest that the strategy employed by MGRM could be expected to be profitable while the risks are relatively low. However, analysis based on the 2000 data shows lower, although still significant profits, but higher risks. The final conclusion was that the likelihood of problems similar to those faced by MGRM in 1992 are twice as high with the updated 2000 data, suggesting that the risk-return pattern of the stack-and-roll hedging strategy using short-dated energy future contracts to hedge long-tem contracts is less appealing now than when MGRM implemented its hedging program in 1992. 24 refs., 3 tabs., 6 figs

  2. Market of dwelling improvement. Energy mastery in existing dwellings in France; Marche de l'amelioration de l'habitat. La maitrise de l'energie dans l'habitat existant en France

    Energy Technology Data Exchange (ETDEWEB)

    Videau, S.; Le Fur, B.

    2003-09-01

    This documentary study represents a basis of thinking for the development of the market of energy mastery works in existing accommodations. It integrates, analyzes and synthesizes a huge number of data about energy and environment gathered from several sources (Energy Observatory, French agency of environment and energy mastery (Ademe), national program of fight against climatic change (PNLCC), etc..). It presents first, the economical, environmental and social stakes of such a market (energy dependence of France, environmental commitments, energy over-consumption of old buildings), and then it lists the different points that would lead to significant energy savings: use of energy efficient appliances (consumer information), insulation and space heating improvements, and promotion of renewable energy sources. (J.S.)

  3. 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)

  4. Developing business in emerging biomass energy markets

    International Nuclear Information System (INIS)

    Kadyszewski, J.

    2005-01-01

    Global market trends for forest products were reviewed in this PowerPoint presentation. The status of biomass energy products in relation to climate change and renewable energy portfolio standards was also examined. It was noted that China has increased investment in processing capacity and has increased imports of raw logs. India has doubled its imports of raw logs. Details of major tropical log producers and consumers were presented. Details of the biomass industry in the United States were presented, as well as data on fuel use at biomass energy plants and biomass energy capacity. An overview of biomass energy in the Russian far east and Siberia was presented, as well as details of activities and opportunities in Brazil and Indonesia. An economic analysis for small dry kilns was presented. Issues concerning boiler capacity in Russian companies for 2001-2005 were discussed. A case study of a biomass project from Congo was presented. It was noted that projects that replace fossil fuels can obtain revenues from the sale of carbon benefits, and that biomass energy offers the most attractive current option for the removal of carbon dioxide (CO 2 ) from the atmosphere. Details of a district heating project in Siberia were presented, and it was noted that in remote regions, costs for heat and power from biomass can be lower than costs from diesel and coal. It was concluded that there will be significant growth for biomass energy systems in the developing world, and that climate change will be an increasingly important element in advancing biomass energy. tabs., figs

  5. 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

  6. Energy market review releases draft report

    International Nuclear Information System (INIS)

    Anon

    2002-01-01

    The Energy Market Review Releases draft report has made recommendations consistent with the Australian Gas Association (AGA)'s submissions in a number of areas. In particular, it has endorsed: 1. the need for an independent review of the gas access regime, to address the deficiencies with current access regulation identified by the Productivity Commission's Review of the National Access Regime; 2. the need for greater upstream gas market competition; 3. the principle that significant regulatory decisions should be subject to clear merits and judicial review; and 4. the need to avoid restrictions on retail energy prices. The report also endorses the need for a 'technology neutral' approach to greenhouse emissions abatement policy. It states that 'many of the current measures employed to reduce greenhouse gas emissions are poorly targeted', and that they 'target technologies or fuel types rather than greenhouse gas abatement.' Additionally, it explicitly recognises the key conclusions of the AGA's recently-released Research Paper, Reducing Greenhouse Emissions from Water Heating: Natural Gas as a Cost-effective Option. The draft report recommends the development of an economy-wide emissions trading system, to achieve a more cost-effective approach to greenhouse abatement

  7. The biomass energy market in Finland

    International Nuclear Information System (INIS)

    2002-01-01

    In 2001, it was estimated that the Finnish biomass market was in excess of 235 million dollars. The development of renewable energy, with special emphasis on biomass, was supported by the development of an energy strategy by the government of Finland. The installed capacity of biomass in Finland in 2002 was 1400 megawatt electrical (MWe). Extensive use of combined heat and power (CHP) is made in Finland, and district heating (DH) systems using biomass are gaining in popularity. Wood-based biomass technologies, retrofits to fluidized bed combustion, and wood procurement technologies were identified as the best opportunities for Canadian companies interested in operating in Finland. A country with high standards, Finland seems to look favorably on new innovative solutions. Joint ventures with Finnish companies might be an excellent way for Canadian companies to gain a foothold in Finland and expand into the European Union, the Nordic countries, the Baltic, Russia and the Central and Eastern European markets. It was further noted that Finland is one of the leading exporters of biomass technology in the world. The document provided quick facts, examined opportunities, and looked at key players. 19 refs., 4 tabs

  8. 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.

  9. 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.

  10. 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

  11. 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...

  12. 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.

  13. 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.

  14. 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...

  15. Security of supply in the liberalized energy market

    International Nuclear Information System (INIS)

    Boffa, Federico

    2007-01-01

    The incentive schemes in the liberalized energy markets do not ensure short-term security of supply. The paper analyzes the regulatory measures suitable to tackle the issue, and evaluates their effects on market power [it

  16. 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)

  17. Solar energy market penetration models - Science or number mysticism

    Science.gov (United States)

    Warren, E. H., Jr.

    1980-01-01

    The forecast market potential of a solar technology is an important factor determining its R&D funding. Since solar energy market penetration models are the method used to forecast market potential, they have a pivotal role in a solar technology's development. This paper critiques the applicability of the most common solar energy market penetration models. It is argued that the assumptions underlying the foundations of rigorously developed models, or the absence of a reasonable foundation for the remaining models, restrict their applicability.

  18. Renewable energy and the need for local energy markets

    International Nuclear Information System (INIS)

    Hvelplund, Frede

    2006-01-01

    In Denmark, a technological change towards cleaner energy technologies has been developed and implemented since around 1975. This development has had two phases: The first from 1975 until around 1996, when wind power was a niche production that supplied only 3.5% of the electricity consumption and was brought close to cost competitiveness, and the present second phase, in which wind power supplies an increasing share (in 2004 18.6%) of electricity consumption along with combined heat and power plants, which supply around 50% of consumption. Denmark succeeded in overcoming the first phase, and a large green energy technology cluster was established. During the second phase, new difficulties and challenges have arisen, both with regard to local public acceptance and the need for integrating an increasing percentage of fluctuating energy sources into the energy system. In this Phase 2, a new offensive 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

  19. Market survey Slovak Republic. Bio-energy

    International Nuclear Information System (INIS)

    2008-01-01

    The study presents an overview of Slovakian bioenergy market, its current state and future prospects in terms of size and potentials. In the opening, the basic structure of Slovakian energy sources is presented from IEA energy statistics, then a list of programmes and valid legislation relating to RES follow. Figures from several sources show possible potential accomplishable in biomass utilisation in Slovakia. Some most promising areas containing interesting amounts of unutilised biomass are quoted. Chapter 4 contains overview of programmes supporting the use of RES, examples of already realised projects and some planned projects. In Chapter 5 there is a list of main stakeholders in the bioenergy sector, description of legal requirements and procedures necessary for starting a business in Slovakia and some ways how to promote bioenergy business in Slovakia. As the most promising opportunities identified in Slovakia we can consider projects of biomass utilisation in the form of installation of boilers and creation of distribution channels enabling steady supply of biomass for competitive prices. A lot of waste and other residues from woodworking industries or forestry is available for this purpose. Dutch companies should make maximum use of their technological know-how and try to offer equipment for biomass utilisation. Biogas is produced only on a very limited scale. The reason for that lies in relatively high initial costs that cannot be covered from farming companies and low rentability of realised projects. Still, projects solving disposal of agricultural waste on the one hand and energy production on the other are worth paying attention to. Success stories from the Netherlands could serve as a source of inspiration but doing of thoroughgoing analysis preceding investment itself is of necessity in order to cope with hidden risks and uncertainties. In any case, Dutch companies can offer technological equipment to Slovakian buyers without risks connected with

  20. Market survey Slovakia. Bio-energy

    International Nuclear Information System (INIS)

    2008-01-01

    The study presents an overview of Slovakian bioenergy market, its current state and future prospects in terms of size and potentials. In the opening, the basic structure of Slovakian energy sources is presented from IEA energy statistics, then a list of programmes and valid legislation relating to RES follow. Figures from several sources show possible potential accomplishable in biomass utilisation in Slovakia. Some most promising areas containing interesting amounts of unutilised biomass are quoted. Chapter 4 contains overview of programmes supporting the use of RES, examples of already realised projects and some planned projects. In Chapter 5 there is a list of main stakeholders in the bioenergy sector, description of legal requirements and procedures necessary for starting a business in Slovakia and some ways how to promote bioenergy business in Slovakia. As the most promising opportunities identified in Slovakia we can consider projects of biomass utilisation in the form of installation of boilers and creation of distribution channels enabling steady supply of biomass for competitive prices. A lot of waste and other residues from woodworking industries or forestry is available for this purpose. Dutch companies should make maximum use of their technological know-how and try to offer equipment for biomass utilisation. Biogas is produced only on a very limited scale. The reason for that lies in relatively high initial costs that cannot be covered from farming companies and low rentability of realised projects. Still, projects solving disposal of agricultural waste on the one hand and energy production on the other are worth paying attention to. Success stories from the Netherlands could serve as a source of inspiration but doing of thoroughgoing analysis preceding investment itself is of necessity in order to cope with hidden risks and uncertainties. In any case, Dutch companies can offer technological equipment to Slovakian buyers without risks connected with

  1. 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)

  2. 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.

  3. The challenges of energy markets in transition

    International Nuclear Information System (INIS)

    Dumas, D.

    1999-01-01

    The transition period includes the processes as follows: liberalization, deregulation, privatization and restructuring. Liberalization consists of multiple changes: 1. Ownership - from public to private; 2. Industry structure - from vertically integrated to unbundled; 3. Market competition - from monopoly to competitive; 4. Product-mix - from single to multi-products; 5. Market approach - from service to product (wholesale); 6. System management - from self-managed to decentralized; 7. Planning horizon - from long to short term and 8. Participants - from national to trans-national. The energy sector is to ensure a reliable, long-term supply of energy in sufficient quantities at affordable prices from processes that are compatible with prudent environmental standards. The evolutionary model of an energy utility foresees a transition from traditional utility (integrated monopoly utility) through local wholesale trading and partial competition (competition for large customers) to competition for all customers and to redefined utilities (bundling multi-product services). Substantial liberalization of electricity have taken place as follows: in 6 countries in Western Europe and 12 plan to do it; in 4 countries in Eastern Europe and 8 - plan to do it; in 2 countries in Asia and Australasia and 12 plan to do it; in 4 countries in South America and 3 plan to do it. There is no liberalization of electricity in Central and North America till now but 6 in Central and 3 in North America plan to do it in future. Substantial liberalization of downstream gas have taken place: only in one country in Western Europe but 6 plan to do it in future; also in one country in Asia and Australasia and 3 plan to do it; in one country in South America and 2 plan to do it and in two countries in North America and only one plan to do it in future. The goals of liberalization include: reducing the cost of energy; improving economic efficiency; attracting capitals and paying off government debt

  4. 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

  5. Energy Data Management (EDM) in a liberalised energy market

    International Nuclear Information System (INIS)

    Ulbricht, R.

    2004-01-01

    This article discusses the role of Energy Data Management (EDM) in a liberalised Swiss energy market in the light of increasing international dynamics in this area. The requirements placed on such EDM systems are reviewed and the changes necessary in the structures and processes of electricity supply organisations are discussed. A possible design for future software systems is presented. Such systems have to be flexible enough to cover various structural possibilities as Swiss legislation on the subject has not yet been passed. The handling of data on energy-flow balances when third-party power is transferred in shared mains systems is discussed and scheduling aspects of power generation and transmission are looked at. The billing of power to customers with a free choice of supplier is looked at, as is the situation involving utilities that supply not only electricity but gas, district heating and water too

  6. 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.

  7. Energy stake and nuclear risks

    International Nuclear Information System (INIS)

    Bugnion, F.

    1980-01-01

    The political bias against nuclear power stations is countered by quotations from different sources concerning dangers due to other sources of power, including coal and oil. The comparison indicates the relatively low rate of mortalities associated with nuclear power generation. To this is added the advantage of using isotopes in medical treatment while scarcity of oil is going to rise together with the price. The constraints of Western opinion with respect to nuclear power programming is contrasted with Communist-block unrestrained and huge building of power stations. (I.G.)

  8. Norway in a liberalized European energy market

    International Nuclear Information System (INIS)

    Aune, Finn Roar; Golombek, Rolf; Rosendahl, Knut Einar; Kittelsen, Sverre A.C.

    2000-01-01

    The authors study the short-term effects of a comprehensive liberalization of the gas and power markets in Europe. The analysis is based on a statically applied general equilibrium model which gives an overall and consistent treatment of the energy markets in Europe. The model preserves the structural features in the production, transport and consumption of gas and electricity in Europe, as well as the new competitive situation arising from the liberalization. It is found that the liberalization leads to a strong fall in the price of electricity. The fall in price reflects increased competition and that idle capacity in the power sector is used to increase the production of electricity. In comparison with the real observations in 1996 (the basis year of the model) the price to the end-user is cut in half. The liberalization also leads to a fall in the price of gas. The price fall reflects in part increased competition, in part the fact that falling prise of electricity reduces the demand for gas. However, the price reduction (in per cent) is not as great as for electricity. The model is also used to study the effects in Norway of increased gas production when the gas is either used in increased gas power production in Norway, or is exported. The main conclusion is that (1) the total emission of carbon dioxide goes down in Western Europe, (2) the reduction is greatest if the gas is burned as gas power in Norway

  9. 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.

  10. Market survey Austria. Bio-energy

    International Nuclear Information System (INIS)

    2008-01-01

    Austria has a well developed bioenergy infrastructure as regards solid biomass and a strong growth in the biogas and biofuel sector. The results of a SWOT analysis show the major issues for the development in each of these sectors now and in the short to medium-term future. Based on the SWOT analyses the following conclusions are formulated: (1)The development of the wood biomass sector in Austria is successful. This can be seen from the point of view of the end user, biomass for heating in single houses as well in district heating systems is very widely spread. This created opportunities for Austrian firms producing biomass technology, now having a large market and expending abroad. This development creates, however, major challenges for players from other countries like the Netherlands. It may be difficult to enter this market, unless one offers a cheaper product with the same quality or finding a niche market with a new unique product; (2) The growth of the wood biomass application for heat and electricity has led to the occurrence of another problem, a competition for wood as resource between the energy sector and other applications as pulp and paper industry. Wood imports are nowadays increasing but in the longer term Austria cannot rely on that because of the growing biomass use in neighbouring countries. Austria will therefore have to look for ways how to optimise biomass use for the energy sector and increasing the use of other fuels like straw and other forms of agricultural waste: (3) The production of biogas presents a number of new applications, production of renewable electricity, production of biogas for the transport sector as well as the possibility to inject cleaned biogas into the natural gas grid. In the short term, production of renewable electricity is the most promising for investors as feed-in tariffs are available for these projects. The other applications are still in a pilot phase but may become interesting in the coming years; (4) The

  11. 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...

  12. 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...

  13. Design of energy markets and environment

    International Nuclear Information System (INIS)

    Birk Mortensen, J.; Olsen, O.J.; Skytte, K.

    1999-01-01

    The introduction of competition in electricity and gas markets has necessitated the creation of new markets, power pools and financial markets. Such markets are well known from other industries (e.g. oil) but have not been applied for the gas and electricity industries during the monopoly era. To which extent can market design applied elsewhere be transferred to gas and electricity and to which extent must they be modified? The interest in new market designs has recently been extended to environmentally goals, but existing policies to encourage them are considered inefficient and a burden for the state budget. This conference brings some of these subjects into focus. (au)

  14. Energy policy conference on the technical-economical stakes of hydrogen as future energy vector; Conference de politique energetique sur les enjeux technico-economiques de l'hydrogene comme vecteur energetique

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-01-01

    This document is the report of the conference meeting jointly organized by the French general plan commission and the general direction of energy and raw materials on the technical-economical stakes of hydrogen as future energy source, and in particular of hydrogen fuel-cells for cogeneration and vehicle applications: 1 - presentation of the general context: status of the hydrogen industry, French R and D and industrial actors, international status; 2 - competition or association with fossil fuels: which opportunities for hydrogen, recall of the 2020 and 2050 energy prospects, impact of hydrogen on climate change, energy efficiency reference of vehicles, CO{sub 2} emissions 'from the well to the wheel' for the different energy sources, perspectives of hydrogen fuels; 3 - main results of the study carried out by the CEREN on the prospects of stationary fuel cells in France: description of the study, concrete case of a 500 beds hospital, economic and environmental conclusions. The transparencies corresponding to the 3 points above are attached to the report. (J.S.)

  15. Sustainable design options for the German electricity market. A comparison of the energy-only market with capacity markets

    International Nuclear Information System (INIS)

    Keles, Dogan; Renz, Lea; Bublitz, Andreas; Zimmermann, Florian; Genoese, Massimo; Fichtner, Wolf

    2016-01-01

    This study intensively discusses the further developments of the electricity market design in Germany based on substantial scientific insights. For this purpose, an agent-based simulation model is applied to evaluate the operability of the energy only market extended with a strategic reserve. Furthermore, the effects of the implementation of a centralized or decentralized capacity market are analyzed.

  16. 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.)

  17. Essays on Environmental Policy in Energy Markets

    Science.gov (United States)

    Boomhower, Judson Paul

    Producing and consuming energy involves costly environmental externalities, which are addressed through a wide range of public policy interventions. This dissertation examines three economic questions that are important to environmental regulation in energy. The first chapter measures the effect of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. The second chapter measures additionality in an appliance replacement rebate program. Finally, the third chapter focuses on the environmental impacts of subsidizing electricity production from forest-derived biomass fuels. The first chapter measures the incentive effect of limited liability. When liability is limited by bankruptcy, theory says that firms will take excessive environmental and public health risks. In the long run, this "judgment-proof problem'' may increase the share of small producers, even when there are economies of scale. I use quasi-experimental variation in liability exposure to measure the effects of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. Using firm-level data on the universe of Texas oil and gas producers, I examine the introduction of an insurance mandate that reduced firms' ability to avoid liability through bankruptcy. The policy was introduced via a quasi-randomized rollout, which allows me to cleanly identify its effects on industry structure. The insurance requirement pushed about 6% of producers out of the market immediately. The exiting firms were primarily small and were more likely to have poor environmental records. Among firms that remained in business, the bond requirement reduced oil production among the smallest 80% of firms by about 4% on average, which is consistent with increased internalization of environmental costs. Production by the largest 20% of firms, which account for the majority of total production, was unaffected. Finally, environmental outcomes, including those

  18. Energy market barometer report - Summer 2016

    International Nuclear Information System (INIS)

    Schleich, Joachim; Cartel, Melodie; Javaudin, Laurent; Molecke, Greg; Olsthoorn, Mark; Vernay, Anne-Lorene

    2016-01-01

    This Summer 2016 edition of the Grenoble Ecole de Management (GEM) Energy Market Barometer explored the assessment of French Energy experts regarding the digital transformation of the electricity sector in France. These findings are compared to the responses of German experts for Germany. Key findings: - 58% of the experts consider that the degree of digital transformation achieved in France's electricity sector is average for western countries, and more than half of them judge that the speed of this transition is too slow. - In France and Germany, an unfavourable cost-benefit ratio is seen as the most important barrier to digitalization in the electricity sector. The second most important barrier identified for France was an onerous regulatory framework, and for Germany it was cyber-security issues. - A large majority of experts in both countries thought that the technology itself was not an obstacle to the digitalization of the electricity sector. - While weighing the balance of priorities between digitalization and cyber-security in France, the panel of experts was split: 19% believed that digitalization was treated as the priority, while 24% thought cyber-security had been given precedence. 38% thought that a balanced approach was followed. - The top 3 domains where digitalization of the electricity sector is likely to create efficiency gains in France were improved predictions for load management in the grid (selected by 61% of respondents), enhanced flexibility in demand from the industry sector (53%), and better dispatching of electricity production (47%). - Our expert's assessment regarding the impact of the Energy transition on the competitiveness of French energy sector businesses has remained stable between 2014 and 2016: competitiveness of utilities will deteriorate the most. More generally, the experts believed that the energy transition will have a positive (46%) or very positive (11%) impact on the French economy. - Despite plans to reform the EU

  19. 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.)

  20. 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

  1. Marketing strategy - sales system for energy saving technology in the heat market

    Energy Technology Data Exchange (ETDEWEB)

    Dommann, D

    1984-06-04

    Modern industrial society is undergoing a period of upheaval which is sparing no company. Today's greatest challenge to management is to get this transition under control. The process of change inevitably effects marketing policies and company employees. There are doubtlessly many viable marketing strategies available, but they are of little use if they cannot be applied in the market by qualified personnel. In this article the author gives suggestions for selling energy conserving technology in today's heat market using a systematic sales method.

  2. 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)

  3. Wind energy: A review of technical and market issues

    Energy Technology Data Exchange (ETDEWEB)

    Garrad, A.D. [Garrad Hassan & Partners Ltd., Bristol (United Kingdom)

    1996-12-31

    Opinions on the world market for wind power are presented in this paper. The paper is divided into three sections: the market, the technology, and general conclusions. The market section compares European and US wind energy growth and contributing factors and barriers to growth. A technology overview discusses wind turbine concepts, mass reduction, blade structural flexibility, and growth in machine size. Political decisions, economic aspects, public acceptance, and technology limitations are assessed for their influence on the growth of wind energy. 11 figs.

  4. 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

  5. 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

  6. Economic Dispatch of Hydrogen Systems in Energy Spot Markets

    DEFF Research Database (Denmark)

    You, Shi; Nørgård, Per Bromand

    2015-01-01

    of energy spot markets. The generic hydrogen system is comprised of an electrolysis for hydrogen production, a hydrogen storage tank and a fuel cell system for cogeneration of electricity and heat. A case study is presented with information from practical hydrogen systems and the Nordic energy markets...

  7. Causality Between Market Liquidity and Depth for Energy and Grains

    NARCIS (Netherlands)

    R. Sari (Ramazan); S.M. Hammoudeh (Shawkat); C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

    2011-01-01

    textabstractThis paper examines the roles of futures prices of crude oil, gasoline, ethanol, corn, soybeans and sugar in the energy-grain nexus. It also investigates the own- and cross-market impacts for lagged grain trading volume and open interest in the energy and grain markets. According to the

  8. Energy and behavioral impacts of integrative retrofits for residential buildings: What is at stake for building energy policy reforms in northern China?

    International Nuclear Information System (INIS)

    Xu, Peng; Xu, Tengfang; Shen, Pengyuan

    2013-01-01

    Based upon the results from extensive building monitoring and surveys on occupant’s behaviors in a representative nine-story apartment building in northern China, building energy simulations were performed to evaluate the impacts of integrative retrofits implemented. Integrative retrofits required by the newer building energy standard produced significant heating-energy savings (i.e., 53%) when compared with baseline buildings commonly built in early 1980s. Taking into account district-heating-system upgrades as part of integrative retrofit measures, a representative apartment building was 66% more efficient than the baseline building. Contrary to expectation, little behavioral change was found in response to the provisions of monetary incentive, billing-method reform, or metering of heating energy use in individual apartment units. Yet this paper identified sizable energy savings potential if occupants’ behavioral changes were to actually happen. This indicates that provisions of financial incentives or individual metering were insufficient for triggering substantial behavioral changes leading toward more energy savings in the current buildings. It is recommended that innovative energy policies, technology upgrades, and education would be needed to promote behavioral changes toward additional energy savings. Finally, measures and strategies to further enhance thermal integrity criteria (e.g., insulations of roof and balcony) are recommended in China’s future building energy policy reforms. - Highlights: ► Integrative retrofits significantly reduce residential heating energy in north China. ► Energy effects of retrofits, incentive, billing and behavioral changes were studied. ► Monetary incentive, control or metering technologies did not lead to behavior change. ► Potential energy savings due to occupants’ behavioral changes are sizable. ► Thermal integrity needs to be enhanced in future building standards and policies.

  9. 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.

  10. 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)

  11. 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

  12. 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.

  13. 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.

  14. Introduction to energy storage with market analysis and outlook

    Energy Technology Data Exchange (ETDEWEB)

    Schmid, Robert [Institut für Experimentelle Physik, Technische Universität Bergakademie Freiberg, Leipziger Straße 23, 09596 Freiberg (Germany); Pillot, Christophe [AVICENNE Energy, LITWIN Building, 10 rue Jean-Jaurès, La Défense 11, Puteaux Cedex (France)

    2014-06-16

    At first, the rechargeable battery market in 2012 will be described by technology - lead acid, NiCd, NiMH, lithium ion - and application - portable electronics, power tools, e-bikes, automotive, energy storage. This will be followed by details of the lithium ion battery market value chain from the raw material to the final application. The lithium ion battery market of 2012 will be analyzed and split by applications, form factors and suppliers. There is also a focus on the cathode, anode, electrolyte and separator market included. This report will also give a forecast for the main trends and the market in 2020, 2025. To conclude, a forecast for the rechargeable battery market by application for 2025 will be presented. Since energy storage plays an important role for the growing Electric Vehicle (EV) market, this EV issue is closely considered throughout this analysis.

  15. Introduction to energy storage with market analysis and outlook

    Science.gov (United States)

    Schmid, Robert; Pillot, Christophe

    2014-06-01

    At first, the rechargeable battery market in 2012 will be described by technology - lead acid, NiCd, NiMH, lithium ion - and application - portable electronics, power tools, e-bikes, automotive, energy storage. This will be followed by details of the lithium ion battery market value chain from the raw material to the final application. The lithium ion battery market of 2012 will be analyzed and split by applications, form factors and suppliers. There is also a focus on the cathode, anode, electrolyte and separator market included. This report will also give a forecast for the main trends and the market in 2020, 2025. To conclude, a forecast for the rechargeable battery market by application for 2025 will be presented. Since energy storage plays an important role for the growing Electric Vehicle (EV) market, this EV issue is closely considered throughout this analysis.

  16. Introduction to energy storage with market analysis and outlook

    International Nuclear Information System (INIS)

    Schmid, Robert; Pillot, Christophe

    2014-01-01

    At first, the rechargeable battery market in 2012 will be described by technology - lead acid, NiCd, NiMH, lithium ion - and application - portable electronics, power tools, e-bikes, automotive, energy storage. This will be followed by details of the lithium ion battery market value chain from the raw material to the final application. The lithium ion battery market of 2012 will be analyzed and split by applications, form factors and suppliers. There is also a focus on the cathode, anode, electrolyte and separator market included. This report will also give a forecast for the main trends and the market in 2020, 2025. To conclude, a forecast for the rechargeable battery market by application for 2025 will be presented. Since energy storage plays an important role for the growing Electric Vehicle (EV) market, this EV issue is closely considered throughout this analysis

  17. Marketing of renewable energies. Foundations, business models, case studies

    International Nuclear Information System (INIS)

    Herbes, Carsten; Friege, Christian

    2015-01-01

    How to market green electricity or biomethane? What is the right price for renewable energy and how do you design the optimal use of social media? What impact have the EEG or electromobility to the Green Power Marketing? Does direct marketing works or is online marketing the guarantee of success? Answers to these and many other basic questions provides the band with contributions from leading scientists and renowned practitioners. For the first time they describe in a structured form the basics of marketing of renewable energies, provide an introduction to the legal and market-based features and present new business models. The book is based on the latest research results, treats all questions of marketing issues important for practitioners, provides case studies and specific recommendations. [de

  18. Electric utilities strategies in final energy markets

    International Nuclear Information System (INIS)

    Bianchi, A.

    2000-01-01

    In rapidly changing markets, electric utilities pay growing attention to customers and service. They are aware that competition needs strategies capable of transforming and strengthening the privileged position resulting from the knowledge of the market. Moreover, this aspect is the link between different value chains to describe new multi utility approaches [it

  19. 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).

  20. 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

  1. Solar Renewable Energy Certificate (SREC) Markets: Status and Trends

    Energy Technology Data Exchange (ETDEWEB)

    Bird, L.; Heeter, J.; Kreycik, C.

    2011-11-01

    This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information presented in this report are derived from SREC tracking systems, brokers and auctions, published reports, and information gleaned from market participants and interviews with state regulators responsible for SREC market implementation. The last section summarizes key findings.

  2. Fostering renewable energy markets in North America

    Energy Technology Data Exchange (ETDEWEB)

    Brown, Jeremy [North American Comission for Environmental Cooperation (CEC), (United States)

    2007-06-15

    This presentation describes projects, programs and other issues addressed in order to promote renewable energy markets in North America. These are carried out by the North American Commission for Environmental Cooperation (CEC). In the first part of this presentation, there are going to be found some of the rules imposed by the North American Agreement on Environmental Cooperation (NAAEC). Then, it is shown the structure of the CEC as well as its programs, besides, there are presented the environment projects and the objectives along with their respective trades. There are described both benefits environmental and non-environmental. Also, there are shown the issues which the CEC is working in. And finally, it is shown a list mentioning the aspects that would change if: the expansion of the Mexico's Federal Commission of Electricity (CFE), happens, the grid-interconnected and the self supply of Renewable Electricity increase. [Spanish] En esta presentacion se describen los proyectos, los programas y otras cuestiones, cuyo objetivo es impulsar los mercados de energia renovable en America del Norte, realizadas por la North American Commission for Environmental Cooperation. En la primera parte, se encuentran algunas de las reglas impuestas por el Acuerdo de Cooperacion Ambiental de America del Norte (ACAAN). Enseguida, se muestra la estructura y los programas de la Comision para la Cooperacion Ambiental (CCA). Asimismo, se describen los proyectos ambientales, los objetivos junto con sus correspondientes tratados. Mas adelante, se explican tanto los beneficios ambientales como aquellos que no lo son. Igualmente, explican las cuestiones que podrian cambiar de: suceder la expansion de la Comision Federal de Electricidad (CFE), incrementarse el auto- suministro de la energia renovable y los sistemas interconectados.

  3. Prospects of the international energy market

    International Nuclear Information System (INIS)

    Schneider, H.K.

    1977-01-01

    The findings of two studies on the international prospects of energy development are discussed: 1) Energy: Global Prospects 1985-2000. Report of the Workshop on Alternative Energy Strategies (WAES) and 2) World Energy Outlook, a recent OECD energy study which is a supplement to the Energy prospects to 1985 study, which was completed in 1974. (UA) [de

  4. Organization and regulation of energy markets in the European Union

    International Nuclear Information System (INIS)

    Vasconcelos, J.

    2002-01-01

    The energy regulation policy and the organization of power matters in the European Union as well as the energy markets are discussed in this Keynote Paper. The Council of European Energy Regulators is introduced. The goal of the European Union regarding energy generation and consumption in the future are analyzed. (R.P.)

  5. The German energy market: chronicle of a promised liberalization

    International Nuclear Information System (INIS)

    Heuraux, Ch.

    2002-01-01

    This book treats of: the German energy sector, its historical evolution since its creation during the second industrial revolution, the German energy market, the nuclear energy policy and its debate in the public opinion, and the present day trend towards the development of renewable energy sources. (J.S.)

  6. 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.

  7. 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

  8. 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)

  9. Analysis of the results of the energy market operation

    International Nuclear Information System (INIS)

    Popovska, V.; Diankov, M.

    2006-01-01

    The paper focuses on the results of the market operation. It includes: analysis of the active market participants and steps to be undertaken in respect of access to the grid and registration on the market, as well as a comparative analysis of the trade at regulated and freely negotiated prices. This report analyses the imbalances of the consumers of energy, generators, including generators operating with one unit. Information about the special role of the public supplier as a main provider of balancing energy, market interruption in case of emergency situation and force major events, circumstances for the parties and contractual relationship is also included. (authors)

  10. Changing market for renewable energy in New England

    Energy Technology Data Exchange (ETDEWEB)

    Jacobs, M. [Second Wind Inc., Austin, TX (United States)

    1997-12-31

    The author discusses the rapidly changing power market in New England in the face of deregulation of the electric power industry. Utilities are moving to sell their generation assets, and the new players in the market are striving to present themselves as active in a green market. But there is little knowledge about renewable energy sources on the part of the new marketers, and little capacity available, while there does appear to be customer demand. Legislative action seems to be putting in place policies making renewable energy a more attractive option. The author looks at the disparity between demand and availability at this time.

  11. Market survey Czech Republic. Bio-energy

    International Nuclear Information System (INIS)

    2008-01-01

    Basic characteristics of the market for bioenergy (biomass, biogas and biofuels) in the Czech Republic and consequences for business environment are summarized, based on a SWOT analysis. The Czech biomass market is still developing and is segmented and disintegrated to many regional or sector markets where also prices of biomass differ significantly and could be affected by dominant players. There were several attempts to establish a kind of biomass exchange, but were unsuccessful. The biomass trade is done usually on bilateral basis but without clear long-term agreements on contracts which would secure stable supply and prices

  12. 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

  13. Energy independence versus world market; Independance energetique versus marche mondial

    Energy Technology Data Exchange (ETDEWEB)

    Noel, P

    2003-07-01

    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.)

  14. 2008 Federal Energy Management Program (FEMP) Market Report

    Energy Technology Data Exchange (ETDEWEB)

    Tremper, C.

    2009-07-01

    This report assesses the market for Federal Energy Management Program (FEMP) services as it existed in FY 2008. It discusses Federal energy management goal progress in FY 2008, and examines the environment in which agencies implemented energy management projects over the last three years. The report also discusses some recent events that will increase the market for FEMP services, and outlines FEMP's major strategies to address these changes in FY 2009 and beyond.

  15. The true and fake advantages of opening energy markets

    International Nuclear Information System (INIS)

    Maillard, D.

    2000-01-01

    The energy market used to be restricted to a small number of operators who often held a monopoly. To clarify the debate, now more than ten years old, about opening up this market, we need to assess the impact of doing so on energy policies and their finalities, namely: making a supply of quality energy available to consumers at reasonable prices under conditions respectful of the environment and in a way coherent with major economic and social policies. (authors)

  16. 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.

  17. Market potential and market hindrances for thermal solar energy; Marktpotentiale und Markthindernisse fuer die thermische Solarenergie

    Energy Technology Data Exchange (ETDEWEB)

    Gerheuser, F. W.

    2002-10-15

    This comprehensive report for the Swiss Federal Office of Energy (SFOE) discusses the market potential and market hindrances for thermal solar energy systems. The author notes that solar systems for heating domestic hot water have a considerable market potential, especially for single-family homes. Such installations are discussed in detail, whereby not only technicalities but also market image and the latent potential for such systems are discussed. The results of surveys made are presented and discussed. The lower potential for installations on apartment blocks is also mentioned.

  18. The 'renewable' stakes of the national debate on energies; Les enjeux ''renouvelables'' du debat national sur les energies

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-07-01

    Renewable energies do not produce any additional greenhouse gas emissions and do not leed to the production of dangerous wastes. The facilities used for their valorization are easily dismantled at the end of their life, and they offer many advantages in terms of employment, local economy, decentralization and national development. Their main drawbacks concern the required land surfaces and the intermittency of their availability. This paper analyzes the feasibility and the medium- and long-term perspectives of development of renewable energies in France and in Europe: costs and conditions (decentralized production, public acceptability, competitiveness, investments, operating costs, international cooperation). (J.S.)

  19. 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

  20. Marketing and selling solar energy equipment

    International Nuclear Information System (INIS)

    Book, Tony

    1999-01-01

    The literature on creating consumer awareness and acceptance of solar water heating systems for marketing purposes is sparse. This paper discusses some of the sophisticated marketing techniques available and some results. Selling solar water heating systems in Northern European latitudes requires a degree of persistence and commitment that is probably not required in what are regarded as the 'sunny climes' around the Mediterranean., the Middle East, Africa, South East Asia and Australia. (Author)

  1. The Island Smart Energy System and Market

    DEFF Research Database (Denmark)

    Ma, Zheng; Billanes, Joy Dalmacio; Jørgensen, Bo Nørregaard

    2017-01-01

    developing island smart energy systems with the integration of renewable energy resources can increase the energy supply and address the global island energy issues. The island smart energy system operates either in a single-island or in multi-islands. However the island characteristics and influ...

  2. Improving the Energy Market: Algorithms, Market Implications, and Transmission Switching

    Science.gov (United States)

    Lipka, Paula Ann

    This dissertation aims to improve ISO operations through a better real-time market solution algorithm that directly considers both real and reactive power, finds a feasible Alternating Current Optimal Power Flow solution, and allows for solving transmission switching problems in an AC setting. Most of the IEEE systems do not contain any thermal limits on lines, and the ones that do are often not binding. Chapter 3 modifies the thermal limits for the IEEE systems to create new, interesting test cases. Algorithms created to better solve the power flow problem often solve the IEEE cases without line limits. However, one of the factors that makes the power flow problem hard is thermal limits on the lines. The transmission networks in practice often have transmission lines that become congested, and it is unrealistic to ignore line limits. Modifying the IEEE test cases makes it possible for other researchers to be able to test their algorithms on a setup that is closer to the actual ISO setup. This thesis also examines how to convert limits given on apparent power---as is in the case in the Polish test systems---to limits on current. The main consideration in setting line limits is temperature, which linearly relates to current. Setting limits on real or apparent power is actually a proxy for using the limits on current. Therefore, Chapter 3 shows how to convert back to the best physical representation of line limits. A sequential linearization of the current-voltage formulation of the Alternating Current Optimal Power Flow (ACOPF) problem is used to find an AC-feasible generator dispatch. In this sequential linearization, there are parameters that are set to the previous optimal solution. Additionally, to improve accuracy of the Taylor series approximations that are used, the movement of the voltage is restricted. The movement of the voltage is allowed to be very large at the first iteration and is restricted further on each subsequent iteration, with the restriction

  3. 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

  4. 75 FR 6378 - Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC Covanta Power...

    Science.gov (United States)

    2010-02-09

    ..., ER10-410-000] Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC... Pylmouth Renewable Energy Limited Partnership, Covanta Energy Marketing LLC, and Covanta Power, LLC filed... assistance with any FERC Online service, please e-mail [email protected] , or call (866) 208-3676...

  5. 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

  6. 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

  7. 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...

  8. Nonlinear Pricing in Energy and Environmental Markets

    Science.gov (United States)

    Ito, Koichiro

    This dissertation consists of three empirical studies on nonlinear pricing in energy and environmental markets. The first investigates how consumers respond to multi-tier nonlinear price schedules for residential electricity. Chapter 2 asks a similar research question for residential water pricing. Finally, I examine the effect of nonlinear financial rewards for energy conservation by applying a regression discontinuity design to a large-scale electricity rebate program that was implemented in California. Economic theory generally assumes that consumers respond to marginal prices when making economic decisions, but this assumption may not hold for complex price schedules. The chapter "Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing" provides empirical evidence that consumers respond to average price rather than marginal price when faced with nonlinear electricity price schedules. Nonlinear price schedules, such as progressive income tax rates and multi-tier electricity prices, complicate economic decisions by creating multiple marginal prices for the same good. Evidence from laboratory experiments suggests that consumers facing such price schedules may respond to average price as a heuristic. I empirically test this prediction using field data by exploiting price variation across a spatial discontinuity in electric utility service areas. The territory border of two electric utilities lies within several city boundaries in southern California. As a result, nearly identical households experience substantially different nonlinear electricity price schedules. Using monthly household-level panel data from 1999 to 2008, I find strong evidence that consumers respond to average price rather than marginal or expected marginal price. I show that even though this sub-optimizing behavior has a minimal impact on individual welfare, it can critically alter the policy implications of nonlinear pricing. The second chapter " How Do

  9. Nonlinearity and intraday efficiency tests on energy futures markets

    International Nuclear Information System (INIS)

    Wang, Tao; Yang, Jian

    2010-01-01

    Using high frequency data, this paper first time comprehensively examines the intraday efficiency of four major energy (crude oil, heating oil, gasoline, natural gas) futures markets. In contrast to earlier studies which focus on in-sample evidence and assume linearity, the paper employs various nonlinear models and several model evaluation criteria to examine market efficiency in an out-of-sample forecasting context. Overall, there is evidence for intraday market inefficiency of two of the four energy future markets (heating oil and natural gas), which exists particularly during the bull market condition but not during the bear market condition. The evidence is also robust against the data-snooping bias and the model overfitting problem, and its economic significance can be very substantial. (author)

  10. Nonlinearity and intraday efficiency tests on energy futures markets

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Tao [Department of Economics, Queens College and the Graduate Center, The City University of New York, Flushing, NY 11367 (United States); Yang, Jian [The Business School, PO Box 173364, University of Colorado Denver, Denver, CO 80217-3364 (United States)

    2010-03-15

    Using high frequency data, this paper first time comprehensively examines the intraday efficiency of four major energy (crude oil, heating oil, gasoline, natural gas) futures markets. In contrast to earlier studies which focus on in-sample evidence and assume linearity, the paper employs various nonlinear models and several model evaluation criteria to examine market efficiency in an out-of-sample forecasting context. Overall, there is evidence for intraday market inefficiency of two of the four energy future markets (heating oil and natural gas), which exists particularly during the bull market condition but not during the bear market condition. The evidence is also robust against the data-snooping bias and the model overfitting problem, and its economic significance can be very substantial. (author)

  11. 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.

  12. 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

  13. An improved market penetration model for wind energy technology forecasting

    Energy Technology Data Exchange (ETDEWEB)

    Lund, P D [Helsinki Univ. of Technology, Espoo (Finland). Advanced Energy Systems

    1996-12-31

    An improved market penetration model with application to wind energy forecasting is presented. In the model, a technology diffusion model and manufacturing learning curve are combined. Based on a 85% progress ratio that was found for European wind manufactures and on wind market statistics, an additional wind power capacity of ca 4 GW is needed in Europe to reach a 30 % price reduction. A full breakthrough to low-cost utility bulk power markets could be achieved at a 24 GW level. (author)

  14. An improved market penetration model for wind energy technology forecasting

    International Nuclear Information System (INIS)

    Lund, P.D.

    1995-01-01

    An improved market penetration model with application to wind energy forecasting is presented. In the model, a technology diffusion model and manufacturing learning curve are combined. Based on a 85% progress ratio that was found for European wind manufactures and on wind market statistics, an additional wind power capacity of ca 4 GW is needed in Europe to reach a 30 % price reduction. A full breakthrough to low-cost utility bulk power markets could be achieved at a 24 GW level. (author)

  15. An improved market penetration model for wind energy technology forecasting

    Energy Technology Data Exchange (ETDEWEB)

    Lund, P.D. [Helsinki Univ. of Technology, Espoo (Finland). Advanced Energy Systems

    1995-12-31

    An improved market penetration model with application to wind energy forecasting is presented. In the model, a technology diffusion model and manufacturing learning curve are combined. Based on a 85% progress ratio that was found for European wind manufactures and on wind market statistics, an additional wind power capacity of ca 4 GW is needed in Europe to reach a 30 % price reduction. A full breakthrough to low-cost utility bulk power markets could be achieved at a 24 GW level. (author)

  16. Four Essays on the Economics of Energy and Resource Markets

    OpenAIRE

    Hecking, Harald

    2015-01-01

    The thesis at hand seeks to improve the understanding of resource and energy markets, their specific characteristics and their interaction with each other. Therefore, the thesis includes four research papers on the markets for natural gas, coking coal, iron ore, electricity and heat. Each paper, representing one chapter of this thesis, addresses one or more of the specific characteristics outlined above. Chapter 2 assesses the effects of a supply shock on the world market for natural gas....

  17. Gains from an integrated market for tradable renewable energy credits

    International Nuclear Information System (INIS)

    Mozumder, Pallab; Marathe, Achla

    2004-01-01

    Decoupling the environmental attributes of renewable energy (RE) generation from the physical unit of energy is an innovative mechanism for marketing green or renewable power. The introduction of 'Tradable Renewable Energy Credits' (TRECs) allows the green power attributes of energy to be sold or traded separately from the physical unit of energy. Since the green power certificate system removes potential locational and physical bottlenecks, both suppliers and consumers gain flexibility in the marketplace. The TREC is also an efficient tool to meet 'Renewable Portfolio Standard' (RPS) required by different states in the US. This paper discusses the RPS requirements for different states and examines the implications of an integrated TREC market. It offers a competitive setting to the consumers to pay for renewable energy and a cost effective tool to support renewable energy generation [Grace and Wiser, 2002]. This paper also highlights some practical difficulties that should be addressed in order to establish an efficient integrated TREC market

  18. Impact of energy prices: a housing-market analysis

    Energy Technology Data Exchange (ETDEWEB)

    Zaki, A.S.; Isakson, H.R.

    1983-04-01

    This paper investigates the effect of energy costs on the housing-market response. As the effect of energy costs has not been specifically investigated before in the literature, both a linear and nonlinear model were investigated. The choice of the appropriate model was determined using the Box-Cox transformation technique. The chosen model was then validated. The results reveal that in the Spokane, Washington, area, where energy costs are relatively low, energy prices do not have a significant effect on market response. However, applying the same methodology to areas where energy costs are higher might produce different results. 29 references, 3 tables.

  19. Energy Savings in a Market Economy

    DEFF Research Database (Denmark)

    Nørgaard, Jørgen

    1998-01-01

    The paper outlines the concept of energy savings as opposed to energy efficency. Afterwards are described briefly the up and down role of energy savings in recent Danish energy policy. It discusses the failure of leaving electricity savings and Integrated Resource Planning to the electricity...

  20. 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

  1. 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

  2. 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

  3. 75 FR 5314 - Suncor Energy Marketing Inc.; Notice of Filing

    Science.gov (United States)

    2010-02-02

    ... Marketing Inc.; Notice of Filing January 26, 2010. Take notice that on January 13, 2010, Suncor Energy Marketing Inc. (Petitioner) filed a petition for declaratory order pursuant to Rule 207(a)(2) of the... document is added to a subscribed docket(s). For assistance with any FERC Online service, please e-mail...

  4. 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

  5. Contributions to the financial mathematics of energy markets

    NARCIS (Netherlands)

    Permana, F.J.

    2008-01-01

    This thesis provides several contributions to quantitative finance for energy markets: electricity price modelling, implying oil price volatilities, pricing and hedging of exotic commodity options. Electricity spot prices are characterized by spikes (jumps) because electricity is non-storable. A

  6. 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

  7. Natural gas foothold in world energy market

    International Nuclear Information System (INIS)

    D'Ermo, V.; Forli, C.

    1991-01-01

    In this article, the expansion of natural gas from the '50s to the early '80s is analyzed. Following its positive success in industrial, residential and thermoelectric uses, natural gas still has new market spaces to win both in conventional and technical and process innovation-oriented industries

  8. The Spanish Wind Energy Market. Balance and Outlooks

    International Nuclear Information System (INIS)

    Varela, M.

    1999-01-01

    The present work accomplishes a revision to the situation of the wind market in Spain, its recent evolution, its regional distribution, the principal actors of the market (manufacturers, promoters). The balance includes a review of the programs of institutional support to wind energy, an analysis of the current installation costs and electricity production costs. Finally, other variables related the integration of wind energy are analysed, as the potential of employment generation or the associated environmental factors. (Author) 5 refs

  9. Evaluating the Value of Flexibility in Energy Regulation Markets

    DEFF Research Database (Denmark)

    Neupane, Bijay; Pedersen, Torben Bach; Thiesson, Bo

    2015-01-01

    In this paper, we perform an econometric analysis on the benefits of introducing flexibility in the Danish/Nordic regulating power market. The paper investigates the relationships between market power prices and regulation volumes, in order to quantify the effects of flexibility on regulating power...... prices. Further, we analyze the benefit for various types of flexibility and market objectives, to detect the type of energy flexibility that maximizes the benefits. Results show that if 3.87% of total demand is flexible, market can reduce the regulation cost by 49% and the regulation volume by 29.4%....

  10. Wood energy markets, 2011-2012

    Science.gov (United States)

    Francisco Aguilar; Rens Hartkamp; Warren Mabee; Kenneth Skog

    2012-01-01

    To celebrate the 2012 International Year of Sustainable Energy for All, in this chapter we consider in some depth the sustainability of wood energy. To do so, we evaluate the traditional economic, environmental and social dimensions of the sustainability concept. We also address how public policy has influenced wood energy sustainability across the UNECE region.

  11. 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.

  12. 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...

  13. Marketing strategy - sales system for energy saving technology in the heat market

    Energy Technology Data Exchange (ETDEWEB)

    Dommann, D.

    1984-06-04

    Modern industrial society is undergoing a period of upheaval which is sparing no company. Today's greatest challenge to management is to get this transition under control. The process of change inevitably effects marketing policies and company employees. There are doubtlessly many viable marketing strategies available, but they are of little use if they cannot be applied in the market by qualified personnel. In this article the author gives suggestions for selling energy conserving technology in today's heat market using a systematic sales method.

  14. Energy Policy Case Study - Texas: Wind, Markets, and Grid Modernization

    Energy Technology Data Exchange (ETDEWEB)

    Orrell, Alice C. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Homer, Juliet S. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Bender, Sadie R. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Weimar, Mark R. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2016-09-19

    This document presents a case study of energy policies in Texas related to power system transformation, renewable energy and distributed energy resources (DERs). Texas has experienced a dramatic increase in installed wind capacity, from 116 MW in 2000 to over 15,000 MW in 2015. This achievement was enabled by the designation of Competitive Renewable Energy Zones (CREZs) and new transmission lines that transmit wind to load centers. This report highlights nascent efforts to include DERs in the ERCOT market. As costs decline and adoption rates increase, ERCOT expects distributed generation to have an increasing effect on grid operations, while bringing potentially valuable new resources to the wholesale markets.

  15. TRADING ACTIVITY AND PRICES IN ENERGY FUTURES MARKET

    Directory of Open Access Journals (Sweden)

    Aysegul Ates

    2016-04-01

    Full Text Available This paper aims to examine trading activity and the relationship between futures trading activity by trader type and energy price movements in three energy futures markets –natural gas, crude oil and heating oil. We find that the level of net positions of speculators are positively related to future returns and in contrast net positions of hedgers are negatively related to futures price changes in all three markets. The changes in net positions are relatively more informative compare to the level of net positions in predicting price changes in related markets.

  16. Framework for State-Level Renewable Energy Market Potential Studies

    Energy Technology Data Exchange (ETDEWEB)

    Kreycik, C.; Vimmerstedt, L.; Doris, E.

    2010-01-01

    State-level policymakers are relying on estimates of the market potential for renewable energy resources as they set goals and develop policies to accelerate the development of these resources. Therefore, accuracy of such estimates should be understood and possibly improved to appropriately support these decisions. This document provides a framework and next steps for state officials who require estimates of renewable energy market potential. The report gives insight into how to conduct a market potential study, including what supporting data are needed and what types of assumptions need to be made. The report distinguishes between goal-oriented studies and other types of studies, and explains the benefits of each.

  17. 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

  18. Risk management solutions for the new energy market

    International Nuclear Information System (INIS)

    Saba, A.

    2001-01-01

    Ontario Power Generation (OPG) is one of five successor companies of former Ontario Hydro. With a current capacity of more than 30,000 MW, OPG is the fourth largest power generator in North America. Its generation mix includes 50 per cent nuclear with the balance being between fossil fuel and hydro energy. This power point presentation discussed the role of OPG in Ontario's new deregulated market place. The market is immature and new billing schemes are in the process of being introduced. This presentation discussed hourly market clearing price (spot market) and the need for hourly data, or interval meters. Issues regarding increased price volatility, load variability and how consumers can avoid high prices through load control were also discussed. In Ontario's new market place, the purchasing options for electric power include the wholesale market participant, retailers of electricity, retail participants, default supply and self generation. A brief review of each of these procurement options was included with this presentation. tabs., figs

  19. Buying and selling power in a deregulated energy market

    International Nuclear Information System (INIS)

    Peterson, M.M.

    1999-01-01

    The rapid pace at which the restructuring of Ontario's electrical industry is taking place is the focus of this paper. Restructuring began in November 1997, when the government announced in its White Paper the plans to achieve a competitive market in both wholesale and retail sales by the year 2000. This presentation outlines the licensing requirements of the Ontario Energy Board (OEB). The OEB deals with the regulation of both the gas and electricity industries. It is anticipated that the electricity market will evolve in much the same was as the gas market. The OEB is expecting to deal with common issues between the two. Other topics discussed in this presentation include the Market Design Committee's (MDC) recommendations concerning independent market operator rules, market rules, embedded generation, and uniform prices throughout the province during the first 18 months to provide the parties sufficient time to adapt to the new system without having to digest transmission congestion. 3 refs

  20. Developing a district energy system in a competitive urban market

    Energy Technology Data Exchange (ETDEWEB)

    Mitola, J.P. [Unicom Thermal Technologies, Chicago, IL (United States)

    1995-09-01

    In two year`s time, Unicorn Thermal Technologies has grown into one of the largest district cooling systems of 25,000 tons with a 1996 plan to grow to 40,000 tons. This growth is attributed to the development and implementation of a marketing and sales plan based on thorough market research and innovative marketing and sales strategies, and the consistent implementation of those strategies. The beginning of the sales effort was focused around the company`s first district cooling facility, However, it quickly grew into a much broader vision as market acceptance increased. Although the district energy industry has often based its message on being a low cost energy provider, market research and early sales experience indicated that customers choose district cooling as a value added service. As customers began to reserve capacity in the first plant, the idea that district cooling is a value added service and not a commodity energy product was continually reinforced through marketing communications. Although this analysis is a review of developing a district energy system in a competitive urban market, it purposely avoids a long winded discussion of head to head competition.

  1. Ontario energy market review and outlook

    International Nuclear Information System (INIS)

    Brett, J.T.

    1997-01-01

    The current status of the natural gas industry and the electric power industry in Ontario, in terms of deregulation, was described. Natural gas utilities will exit the regulated gas market over the next few years and transfer their existing residential and small commercial gas contracts to their unregulated affiliates. Nevertheless, a regulated gas supply option will remain until the regulator is assured that consumer protection issues have been properly addressed, and there is a truly competitive market. Ontario Hydro is a vertically integrated virtual monopoly. It lags behind B.C., Alberta, Quebec and Nova Scotia in terms of deregulation and restructuring, although the MacDonald Commission's recent report recommended sweeping changes to Ontario Hydro's monopoly over the electric power industry. A final response from the Ontario government is still pending. The convergence of the electric power and natural gas industries was also discussed

  2. In North American energy markets : stronger credibility

    International Nuclear Information System (INIS)

    Lefevre, M.

    1997-01-01

    Hydro-Quebec''s competitive position as it expands and diversifies its business in the future was discussed. The utility has an outstanding debt of CAN$37 billion, nevertheless, it is considered to be a solid investment by financial experts. Hydro-Quebec is recognized as North America''s biggest electric utility in terms of sales and also has the lowest cost structure on the continent. Moody Investor Services, Duff and Phelps Credit Rating Co., and Standard and Poor, have recently conducted ratings of the utility''s standing on financial markets. Hydro-Quebec maintained their high ratings, of A2, AA-, and A+ respectively. The restructuring of North American electricity market gives Hydro-Quebec substantial growth potential. The utility has an extensive transmission network and can offer reasonable electricity rates

  3. Marketing of renewable energies. Foundations, business models, case studies; Marketing Erneuerbarer Energien. Grundlagen, Geschaeftsmodelle, Fallbeispiele

    Energy Technology Data Exchange (ETDEWEB)

    Herbes, Carsten [HfWU Nuertingen-Geislingen, Nuertingen (Germany); Friege, Christian (ed.)

    2015-07-01

    How to market green electricity or biomethane? What is the right price for renewable energy and how do you design the optimal use of social media? What impact have the EEG or electromobility to the Green Power Marketing? Does direct marketing works or is online marketing the guarantee of success? Answers to these and many other basic questions provides the band with contributions from leading scientists and renowned practitioners. For the first time they describe in a structured form the basics of marketing of renewable energies, provide an introduction to the legal and market-based features and present new business models. The book is based on the latest research results, treats all questions of marketing issues important for practitioners, provides case studies and specific recommendations. [German] Wie vermarktet man Oekostrom oder Biomethan? Was ist der richtige Preis fuer Erneuerbare Energien und wie gestaltet man den optimalen Einsatz von Social Media? Welche Auswirkungen haben das EEG oder die Elektromobilitaet auf das Gruenstrom-Marketing? Funktioniert Direktvertrieb oder ist Online-Marketing der Erfolgsgarant? Antworten auf diese und viele weitere grundlegende Fragen liefert dieser Band mit Beitraegen fuehrender Wissenschaftler und renommierter Praktiker. Erstmals beschreiben sie hier in strukturierter Form die Grundlagen der Vermarktung von Erneuerbaren Energien, fuehren in die gesetzlichen und marktlichen Besonderheiten ein und stellen neue Geschaeftsmodelle vor. Das Buch fusst auf aktuellen Forschungsergebnissen, behandelt saemtliche fuer Praktiker wichtige Fragen der Vermarktung, liefert Fallbeispiele und konkrete Empfehlungen.

  4. 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...

  5. 78 FR 4842 - Linden VFT, LLC v. Brookfield Energy Marketing, LP, Cargill Power Markets, LLC; Notice of Complaint

    Science.gov (United States)

    2013-01-23

    ... v. Brookfield Energy Marketing, LP, Cargill Power Markets, LLC; Notice of Complaint Take notice that... Brookfield Energy Marketing, LP and Cargill Power Markets, LLC (Respondents) alleging that, Respondents... subscribed docket(s). For assistance with any FERC Online service, please email [email protected

  6. 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

  7. Renewable energy - an attractive marketing proposition

    International Nuclear Information System (INIS)

    Anon

    2001-01-01

    The Global Utilities arm of international business consultants PriceWaterhouseCoopers (PWC) has provided a unique insight into the investment plans of Australian utilities regarding renewable energy. PWC has released the findings of a survey of electricity generators and retailers that neatly illustrates the risks and opportunities facing corporations liable under the mandatory renewable energy targets (MRET). Probably the most revealing finding of the PWC report- 'The Future of Australian Renewable Energy' was that the majority of respondents have not yet formulated a comprehensive renewable energy strategy aimed at meeting their obligations under MRET, or maximising the benefit of renewable energy certificates (RECs) produced. Notably, the majority of those surveyed believed that the strongest incentives for investing in new renewable energy generation was the company's 'green image'. In contrast investment characteristics such as low risk returns, the achievement of cost efficiencies or attractive revenue streams were not critical reasons for investing in renewable generation

  8. Analysis of wind energy market and jobs in France

    International Nuclear Information System (INIS)

    Perot, Olivier; Autier, Emmanuel

    2014-10-01

    This report presents an overview of wind energy production and of the wind energy sector in France. Illustrated by maps, graphs and tables, it notices and comments the steady situation of jobs, and the existence of a structured value chain, and a variety of actors. It describes and analyses job locations in metropolitan France and outlines that the wind energy sector is a lever for development and creates opportunities for regions. The second part addresses the wind energy market. It proposes an assessment of the French market (a new start in 2014, a competitive market with some dynamic regions) and a review of the technological evolution of the wind energy industry (continuous evolutions, strong emergence of wind farms, and an increasing production). Appendices propose presentations of actors per category (developers, operators, machine manufacturers, component manufacturer, public works and logistics, maintenance, consultants and experts), and sheets indicating the presence of actors, installed power and number of wind farms in the different French regions

  9. Embedded generation for industrial demand response in renewable energy markets

    International Nuclear Information System (INIS)

    Leanez, Frank J.; Drayton, Glenn

    2010-01-01

    Uncertainty in the electrical energy market is expected to increase with growth in the percentage of generation using renewable resources. Demand response can play a key role in giving stability to system operation. This paper discusses the embedded generation for industrial demand response in renewable energy markets. The methodology of the demand response is explained. It consists of long-term optimization and stochastic optimization. Wind energy, among all the renewable resources, is becoming increasingly popular. Volatility in the wind energy sector is high and this is explained using examples. Uncertainty in the wind market is shown using stochastic optimization. Alternative techniques for generation of wind energy were seen to be needed. Embedded generation techniques include co-generation (CHP) and pump storage among others. These techniques are analyzed and the results are presented. From these results, it is seen that investment in renewables is immediately required and that innovative generation technologies are also required over the long-term.

  10. Energy and environmental market in industrial enterprises in Thailand

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-04-01

    This paper discusses markets related with energy conservation and environment preservation in industrial enterprises in Thailand. The present Thailand is not in a situation that investments are made into environmental businesses or energy saving businesses. However, the attitude of the government toward environment is that emphasis is placed on solving the environmental pollution problems. Laws and regulations are defined for assistance in environment preservation to corporations making efforts to increase export, resource protection and energy conservation. These measures lead to expectation on bright future in developing technologies and markets related to environment preservation and energy conservation. Control of wastes by using clean technologies and enhancement in productivity are very important issues for the export of Thailand partly because European countries and America set these requirements as a condition for transaction. The markets related to energy conservation and environment preservation are anticipated of participation from such businesses as consultants, device manufacturers, and inspection and analysis of environmental effects. (NEDO)

  11. 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...

  12. 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.

  13. The future of the international energy market

    International Nuclear Information System (INIS)

    Said, A.

    1980-01-01

    Are we heading for a world energy cisis. There is not really a need or a disastrous culmination of the world energy supply situation to occur because, globally speakng, a large reservoir of energy resources is available. The problem rather lies in the structure of consumption in the industrialized countries, which is bound to lead to difficulties of supply soon, if the consumption of energy continues to rise. Changes in structure must be effected both on the supply and on the demand sides. (orig.) [de

  14. Efficient integration of renewable energies in the German electricity market

    International Nuclear Information System (INIS)

    Nabe, C.A.

    2006-01-01

    Liberalisation of the electricity sector aims to carry out coordination tasks within the system by markets and market prices. This study examines how markets need to be designed to carry out coordination tasks caused by integration of renewable energies in an efficient way. This question is applied to the German electricity system and recommendations are derived from identified deficits. The examination uses the structure-conduct-performance approach of industrial organisation economics. Integration of renewable energies does not result in entirely new coordination tasks but complicates those that exist in any electricity supply system. Within the short-term coordination tasks provision and operation of reserve capacity is affected by renewable energies. Long-term coordination means that the relation between fixed and variable costs of generators as well as generator flexibility has to be adjusted to the characteristics of renewable energies. The relevant short-term coordination task with the network is congestion management. In the long run costs of grid expansion and permanent congestion management have to be balanced. For the execution of short-run coordination tasks integrated and centralised market architectures are superior to decentralised architectures. The increase of short-term coordination tasks due to renewable energies caused by inflexibilities of consumers and conventional generators results in more information that has to be considered. By centralising that information in one market, an increase in productive efficiency can be obtained. In Germany the increased coordination tasks are determined by the integration of wind generators into the electricity system. The present German market architecture results in inefficiencies in short-term coordination. This is demonstrated by an analysis of procedural rules and prices of the ancillary service markets. They demonstrate that market performance is low and significant deviations from competitive prices

  15. 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.

  16. Free-market approach to energy proposed in new study

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that a free-market approach to energy use, intensified R and D and an emphasis on conservation and clean fuels such as natural gas can result in significant reductions in emissions of greenhouse gases, without any major new federal policy initiatives, according to a new study, An Alternative Energy Future, sponsored by Alliance to Save Energy, AGA and Solar Energy Industries Assn

  17. 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.

  18. Integration of liberalised energy market; Samspillet mellem de liberaliserede energimarkeder

    Energy Technology Data Exchange (ETDEWEB)

    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

  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. Prospects for the world nuclear energy market

    Energy Technology Data Exchange (ETDEWEB)

    1976-04-01

    Over the last few years projections of nuclear power generating capacity growth for the next two decades have progressively decreased. Dwindling load growth, increasing load lead time, costs of delays and high cost inflation, industrial recession, and fuel cycle delays are discussed as the main causes of the setback. The state of the fuel cycle business in the world market is examined and data are presented and discussed for predicted world supply and demand. Nuclear plans and fuel policies and requirements are then examined for individual countries.

  1. North American energy market : convergence and integration

    International Nuclear Information System (INIS)

    Schlesinger, B.

    1998-01-01

    The paper provides an exposition of supply and demand issues within the natural gas industry in North America. Various aspects of the issue are discussed, including the growth in gas demand and the impact that a price hold of one per cent per year will have on demand. It was predicted that the gas share of U.S. power generation will triple by 2015 and that major pipeline expansions will deliver the new gas to markets. A doubling of eastbound gas deliveries was also predicted. tabs., figs

  2. Offshore Wind Energy Market Overview (Presentation)

    Energy Technology Data Exchange (ETDEWEB)

    Baring-Gould, I.

    2013-07-01

    This presentation describes the current international market conditions regarding offshore wind, including the breakdown of installation costs, how to reduce costs, and the physical siting considerations considered when planning offshore wind construction. The presentation offers several examples of international existing and planned offshore wind farm sites and compares existing international offshore resources with U.S. resources. The presentation covers future offshore wind trends and cites some challenges that the United States must overcome before it will be able to fully develop offshore wind sites.

  3. Small Stakes Risk Aversion in the Laboratory

    DEFF Research Database (Denmark)

    Harrison, Glenn W.; Lau, Morten I.; Ross, Don

    2017-01-01

    Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions. One core assumption in statements of this calibration puzzle is that small-stakes risk aversion is observed over all levels of wealth...

  4. Battery energy storage market feasibility study -- Expanded report

    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.

    1997-09-01

    Under the sponsorship of the US 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 battery 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 battery storage as an important 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).

  5. 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

  6. The economics of energy storage in 14 deregulated power markets

    International Nuclear Information System (INIS)

    Figueiredo, F.C.; Flynn, P.C.; Cabral, E.A.

    2006-01-01

    In regulated power markets, electricity is stored to better utilize existing generation and to defer costly investment in generation. The justification is a reduction in the overall regulated price of power compared to the alternative investment in new primary generation. However, any storage of electrical power also involves a capital investment and incurs the cost of inefficiency. In deregulated energy markets, the sale of electricity or ancillary services from pumped storage can be evaluated based on each individual project. The economic basis for power storage is that power is purchased during periods of low price and resold during periods of high price. This study used historical power price data from 14 deregulated markets around the world to evaluate the economic incentive to use pumped storage for electrical energy. Each market was shown to have a unique average diurnal power price profile that results in a unique price spread for pumped storage. The diurnal price pattern and efficiency of storage was used to assess the net income potential from energy sales from pumped storage for each market. The markets were ranked in terms of the incentive to invest in pumped energy storage as well as on available revenue, and on potential return on investment. An optimal operating profile was illustrated in detail based on historical price patterns for one of the markets. The net income potential was then combined with the capital and operating cost of pumped storage. The adequacy of return on investment for pumped storage was analyzed by two different methods. The differences between markets stem from different diurnal power price patterns that reflect the generation mix, market design and participant behaviours. 17 refs., 7 tabs., 7 figs., 1 appendix

  7. Bio energy - Environment, technique and market

    International Nuclear Information System (INIS)

    Hohle, Erik Eid

    2001-01-01

    Leading abstract. In this book, a group of experts discusses everything about the use of bio fuels, from the briquettes of dry alder used in automobile gas generators during World War II to the most advanced present-day use. The chapters are: (1) Energy and society, (2) Production of biomass, (3) Bio fuel - properties and production, (4) Bio fuel - conversion and use, (5) Environment and environmental engineering, (6) Economy and planning and (7) Bio energy in the energy system of the future. There is a list of literature and a glossary at the end of the book

  8. 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.

  9. Poles apart. The liberalization of the Dutch energy market

    International Nuclear Information System (INIS)

    Koper, N.

    2003-01-01

    An overview is given of the political and decision making process of the energy market liberalization in the Netherlands, based on interviews with and opinions of former ministers, representatives of the Dutch parliament, administrators, and other highplaced representatives of local governments, associations and energy companies [nl

  10. Whole Foods Market Improves Energy Efficiency in New Construction

    Energy Technology Data Exchange (ETDEWEB)

    None

    2013-03-01

    Whole Foods Market partnered with the U.S. Department of Energy (DOE) to develop and implement solutions to reduce annual energy consumption in new stores by at least 50% versus requirements set by ASHRAE/ANSI/IESNA Standard 90.1-20041 as part of DOE’s Commercial Building Partnership (CBP) program.

  11. Estimating the commodity market price of risk for energy prices

    International Nuclear Information System (INIS)

    Kolos, Sergey P.; Ronn, Ehud I.

    2008-01-01

    The purpose of this paper is to estimate the ''market price of risk'' (MPR) for energy commodities, the ratio of expected return to standard deviation. The MPR sign determines whether energy forward prices are upward- or downward-biased predictors of expected spot prices. We estimate MPRs using spot and futures prices, while accounting for the Samuelson effect. We find long-term MPRs generally positive and short-term negative, consistent with positive energy betas and hedging, respectively. In spot electricity markets, MPRs in Day-Ahead Prices agree with short-dated futures. Our results relate risk premia to informed hedging decisions, and futures prices to forecast/expected prices. (author)

  12. Potentials and market prospects of wind energy in Vojvodina

    Directory of Open Access Journals (Sweden)

    Katić Vladimir A.

    2012-01-01

    Full Text Available The paper presents an overview of the wind energy potentials, technologies and market prospects in the Autonomous Province of Vojvodina, the region of Serbia with the most suitable location for exploitation of wind energy. The main characteristics of the region have been presented regarding wind energy and electric, road, railway and waterway infrastructure. The wind farm interconnection with the public grid is explained. The most suitable locations for the wind farms are presented, with present situation and future prospects of wind market in Vojvodina.

  13. The need for regulation in energy markets

    International Nuclear Information System (INIS)

    De Sampaio Nunes, P.

    2002-01-01

    The following topics are discussed: The need for effective regulation; Energy issues requiring regulatory policy; Models adopted in different Member States of the European Union; Results achieved by Member States; Infrastructure. (R.P.)

  14. Market Potential for Non-electric Applications of Nuclear Energy

    International Nuclear Information System (INIS)

    Konishi, T.; Kononov, S.; Kupitz, J.; McDonald, A.; Rogner, H.H.; Nisan, S.

    2002-01-01

    The paper presents results of a recent IAEA study to assess the market potential for non-electric applications of nuclear energy in the near (before 2020) and long term (2020-2050). The applications covered are district heating, desalination, industrial heat supply, ship propulsion, energy supply for spacecraft, and, to a lesser extent, 'innovative' applications such as hydrogen production, coal gasification, etc. While technical details are covered only briefly, emphasis is placed on economics and other factors that may promote or hinder the penetration of nuclear options in the markets for non-electric energy services. The study makes a distinction between the market size (demand for a given service) and the market potential for nuclear penetration (which may be smaller because of technical or non-technical constraints). Near-term nuclear prospects are assessed on the basis of on-going projects in the final stages of design or under construction. For the long term, use has been made of a qualitative scale ranging from 0 to 2 for five critical areas: market structure, demand pressure, technical basis, economic competitiveness, and public acceptance. The paper presents the resulting evaluation of long-term prospects for nuclear energy entering into non-electric markets. (authors)

  15. Energy and markets: a dangerous liaison

    International Nuclear Information System (INIS)

    Pauron, M.

    2008-01-01

    At the occasion of a colloquium organised by the Paris-Dauphine university, several economists have discussed the possible impacts that the world financial crisis would have on the energy. The energy crisis and the financial crisis are distinct crises with strong interactions, like the rise of the oil barrel price which follows the dollar drop, but no simple answer can be drawn since no consensus exists on the ins and outs of the crisis

  16. Wind's share in global energy markets

    International Nuclear Information System (INIS)

    Madsen, B.T.

    1997-01-01

    The question of how great of a contribution wind power can really make to the world's energy needs is discussed. Emphasis up until recently has been mainly on improving wind turbine technology and siting practices as it is these that will provide an answer. The International Energy Agency predicts that world energy demand will increase by 30-50% by 2010. More countries than ever are either using wind power now or are preparing for its use. Wind power continues to improve its price competitiveness. There is enough wind to cover our energy needs many times over, according to some reports twice the world's electricity supply could be met by utilizing just 5-10% of areas identified as having average wind speeds of 5 m/s or greater - ignoring population centers, forests and specially protected areas. But a major limiting factor to utilizing the available wind resource is the established grid systems, which can only base 20% of supply on wind power. It is concluded that wind can contribute significantly to the world's energy needs in the next century and beyond. If wind, which has taken giant leaps in improving its competitiveness over the past 20 hears, can be a major energy contributor by early next century, other renewables such as solar and biomass might also evolve to become major contributors too. If so, renewables, including hydro, could conceivably cover 50% of our energy needs by the middle of the next century. Much will depend on decision-makers at the centers of power. For Europe and certain other areas of the world, policies governing cross-border trade of electricity as well as the framework for environmental protection related to energy production will determine the final outcome

  17. Technology diffusion of energy-related products in residential markets

    Energy Technology Data Exchange (ETDEWEB)

    Davis, L.J.; Bruneau, C.L.

    1987-05-01

    Acceptance of energy-related technologies by end residential consumers, manufacturers of energy-related products, and other influential intermediate markets such as builders will influence the potential for market penetration of innovative energy-related technologies developed by the Department of Energy, Office of Building and Community Systems (OBCS). In this report, Pacific Northwest Laboratory reviewed the available information on technology adoption, diffusion, and decision-making processes to provide OBCS with a background and understanding of the type of research that has previously been conducted on this topic. Insight was gained as to the potential decision-making criteria and motivating factors that influence the decision-maker(s) selection of new technologies, and some of the barriers to technology adoption faced by potential markets for OBCS technologies.

  18. Competitive energy markets. The effective route to improving the environment

    International Nuclear Information System (INIS)

    Swinden, D.J.

    1996-01-01

    Market forces, operating in an increasingly competitive energy market, are a preferred route to achieving environmental and energy efficiency benefits, than those which can be achieved through a managed approach adopted by many governments. It is shown, through examples, how electricity is a catalyst for change at several levels in business, the community and the general economy. Experience in the United Kingdom indicates that free market forces and inter-energy competition not only help improve the regional and therefore national economy, but they offer a very effective way of introducing improvements in energy efficiency and the environment. Governments should establish the framework for competition and regulation but not attempt to manage an industry, which is invariably done more effectively by those who run them. (author)

  19. Privatization and the globalization of energy markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-10-01

    This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies and many foreign companies. The foreign companies reviewed include state-run energy enterprises, recently privatized energy enterprises, and foreign multinationals that have been privately held. The privatization of non-petroleum energy industries, such as electricity generation and transmission, natural gas transmission, and coal mining, are also discussed. Overseas investments made by electric companies, natural gas companies, and coal companies are included. The report is organized into six chapters: (1) economics of privatization; (2) petroleum privatization efforts among non-U.S. Organization for Economic Cooperation and Development nations; (3) petroleum privatization efforts in Latin America; (4) privatization in socialist and former socialist regimes; (5) privatization efforts in global electric power generation, transmission, and distribution industries; and (6) privatization and globalization of world coal.

  20. Energy drink consumption and marketing in South Africa.

    Science.gov (United States)

    Stacey, Nicholas; van Walbeek, Corné; Maboshe, Mashekwa; Tugendhaft, Aviva; Hofman, Karen

    2017-12-01

    Energy drinks are a fast-growing class of beverage containing high levels of caffeine and sugar. Advertising and marketing have been key to their growth in South Africa. This paper documents trends in energy drink consumption and energy drink advertising, and examines the relationship between exposure to energy drink advertising and consumption. Logistic regressions were estimated of categories of energy drink consumption on individual characteristics, as well as exposure to energy drink advertising. Exposure to advertising is measured by reported viewing of channels high in energy drink advertising. Energy drink consumption in South Africa is higher among younger, wealthier males. Spending on energy drink advertising is mostly focused on television. Targeted channels include youth, sports and general interest channels. Viewers of channels targeted by energy drink advertisers have higher odds of any and moderate levels of energy drinks consumption. Copyright © 2017 Elsevier Inc. All rights reserved.

  1. 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.

  2. Environment stakes and policies

    International Nuclear Information System (INIS)

    Tronquoy, Ph.

    2002-01-01

    This document devoted to the environment discusses on the following topics: the environmental policies, the threats for the environment (climatic change, water management and risks), the deforestation, the sustainable development of cities, the safety first principle, the energy challenge, the international cooperation, the North-South relations. (A.L.B.)

  3. 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

  4. Modeling energy market dynamics using discrete event system simulation

    International Nuclear Information System (INIS)

    Gutierrez-Alcaraz, G.; Sheble, G.B.

    2009-01-01

    This paper proposes the use of Discrete Event System Simulation to study the interactions among fuel and electricity markets and consumers, and the decision-making processes of fuel companies (FUELCOs), generation companies (GENCOs), and consumers in a simple artificial energy market. In reality, since markets can reach a stable equilibrium or fail, it is important to observe how they behave in a dynamic framework. We consider a Nash-Cournot model in which marketers are depicted as Nash-Cournot players that determine supply to meet end-use consumption. Detailed engineering considerations such as transportation network flows are omitted, because the focus is upon the selection and use of appropriate market models to provide answers to policy questions. (author)

  5. Considerations for Emerging Markets for Energy Savings Certificates

    Energy Technology Data Exchange (ETDEWEB)

    Friedman, B.; Bird, L.; Barbose, G.

    2008-10-01

    Early experiences with energy savings certificates (ESCs) have revealed both their merit and the challenges associated with them. In the United States, there has been little activity to date, so any lessons must be drawn from experiences in Italy, the United Kingdom (UK), France, and elsewhere. The staying power of European examples, particularly in Italy, demonstrates that ESCs can help initiate more efficiency projects. Although a robust market for renewable energy certificates (RECs) has emerged in both the voluntary and policy compliance contexts in the United States, ESCs have yet to gain significant traction. This report looks at the opportunity presented by ESCs, the unique challenges they bring, a comparison with RECs that can inform expectations about ESC market development, and the solutions and best practices early ESC market experience have demonstrated. It also examines whether there are real market barriers that have kept ESCs from being adopted and what structural features are necessary to develop effective trading programs.

  6. Nuclearelectrica - a player on the Romanian energy market

    International Nuclear Information System (INIS)

    Chirica, T.; Metes, M.; Havris, A.

    2001-01-01

    Nuclearelectrica operates at Cernavoda NPP a CANDU 6 unit. The production performances and some technical indicators are presented. The paper introduces the players of the new-born Romanian energy market, where Nuclearelectrica acts as a significant producer, and. gives a short description of the current market mechanisms. The specific features of a producer operating a single nuclear unit, related to both technical and economical terms, are itemized; they are considered in the market rules issued by the Romanian Electricity Regulatory Authority - ANRE. Following these rules, Nuclearelectrica concluded with Electrica, the main energy supplier to final consumers, a long-term energy wholesale contract for all the generated by Cernavoda 1 electricity, based on the so-called Power Purchase Agreement model, where a large part of the risk related to the power sales is borne by the buyer. On the same time, the existing conditions on the Romanian market proved the competitiveness of Cernavoda unit as an energy producer; hence, the above-mentioned contract provides a futile over-protection to the NPP facing the market risks. The paper presents also the critical issue of the collection of revenues for the sold electricity and the company's approach in allotting this limited revenues. In light of the completion of Unit 2 of the Cernavoda NPP, the company's strategy considers new possible contracts, with eligible customers and energy exports.(author)

  7. 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)

  8. Contracting of energy services in Switzerland. Development, effects, market potentials

    International Nuclear Information System (INIS)

    Muggli, C.; Baumgartner, W.; Kohn, L.

    1999-06-01

    The authors of this detailed report first define the contracting of energy services, this new reality of the market place, and analyse its current status in Switzerland. Contracting is mainly to be understood as the delegation of certain energy-related services by a company. The total investment for the operated energy systems considered by the study is about 120 millions USD, with an installed power of 160 MW. This market is highly unhomogeneous and is the answer to various goals. Globally, it brings a more efficient use of energy, including a more frequent involvement of renewable energy sources, along with a lower risk and significant advantages for all contractors. That is the reason for the energy policy authority to recommend contracting. The report goes on with the analysis of the factors leading the chief executives to consider contracting of energy services, or on the contrary to exclude it. The authors estimate the realistic potential market for contracting in Switzerland to 650 millions USD for the period 1999-2004. They conclude by giving recommendations which should result in an acceleration of the contracting's development on the market place

  9. Battery energy storage market feasibility study - Expanded report

    International Nuclear Information System (INIS)

    Kraft, S.; Akhil, A.

    1997-09-01

    Under the sponsorship of the US 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 battery 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 battery storage as an important 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)

  10. Energy market reform - lessons learned and next steps

    International Nuclear Information System (INIS)

    Doucet, G.

    2004-01-01

    This presentation will be based on the World Energy Council's recently published report, Energy Market Reform: Lessons Learned and Next Steps with Special Emphasis on the Energy Access Problems of Developing Countries. The report draws on practical lessons from past studies carried out by the World Energy Council and on current experiences on the desirable architecture of market reforms in electricity and natural gas. The approach of the study was not to further deepen the analysis or to provide technical recommendations but rather, to build a debate guided by the common thread of energy security and end-user e mpowerment , highlighting the possible areas of conflict of interest and the broad solutions that might be chosen depending on the local circumstances for different parts of the energy chains. The ambition was to identify key concerns and to initiate a debate on possible answers.(author)

  11. 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)

  12. Simulation based decision support for strategic communication and marketing management concerning the consumer introduction of smart energy meters

    NARCIS (Netherlands)

    Van der Sanden, M.C.A.; Van Dam, K.H.; Stragier, J.; Kobus, C.B.A.

    2013-01-01

    Communication and marketing professionals make strategic decisions in highly complex and dynamic contexts. These decisions are highly uncertain on the outcome and process level when, for example, consumer behaviour is at stake. Decision support systems can provide insights in these levels of

  13. Remote control systems evolution in the new open energy market

    International Nuclear Information System (INIS)

    Castiglioni, L.

    2001-01-01

    Considering new energy market in Italy, the new role of remote control applications is discussed. In the open market the whole electric process is managed by several different actors; common protocol scheme and additional sharing data policies are necessaries facing the increased communications requirements due to deregulation. Remote control systems evolution then will lead from process oriented to data management oriented systems; related methodologies and solutions are described [it

  14. Electricity market in Croatia according to the new energy laws

    International Nuclear Information System (INIS)

    Prelec, L.; Tomasic-Skevin, S.; Blagajac, S.; Dokmanovic, B.

    2005-01-01

    This paper presents laws and regulations related to the electricity market, with emphasis on changes introduced after the package of energy laws had been adopted in 2001. The paper gives an overview of by-laws, which are about to enter into force or are in final preparation stage, creating conditions for eligible customers to change supplier and freely negotiate electricity price. The paper also presents electricity market model in Croatia as well as procedure of supplier change. (author)

  15. Current State of the Voluntary Renewable Energy Market (Presentation)

    Energy Technology Data Exchange (ETDEWEB)

    Heeter, J.

    2013-09-01

    This presentation highlights the status of the voluntary green power market in 2012. The voluntary green power market totaled more than 48 million MWh in 2012, with about 1.9 million customers participating. The supply continues to be dominated by wind, though solar is increasing its share of utility green pricing programs. Prices for voluntary renewable energy certificates (RECs) increased to above $1/MWh.

  16. The European market of the wind energy and its perspectives

    International Nuclear Information System (INIS)

    Heddebaud, D.

    2005-01-01

    This study presents a whole panorama of the wind energy market and its perspectives. It proposes an analysis of the strategical place of the main manufacturers and operators and presents the activities, the key data and the development strategies of 14 wind power market operators. It aims to answer the following questions: What are the new possibilities for the mature markets? What will be the impact of the offshore wind power? What is the future of the independent manufacturers and of the industrialists? (A.L.B.)

  17. Methodology of investment effectiveness evaluation in the local energy market

    Energy Technology Data Exchange (ETDEWEB)

    Kamrat, W.

    1999-07-01

    The paper presents issues of investment effectiveness evaluation in the local energy market. Results of research presented in the paper are mainly proposing a concept of a methodology which allows the evaluation of investment processes in regional power markets at the decision-making stage. In this respect, selecting a rational investment strategy is an important stage of the entire investment process. In view of criteria of various nature, the construction of a methodology of investment effectiveness bears an especially important meaning for a local decision-maker or investor. It is of particular significance to countries that are undergoing a transition from a centrally planned economy to a market economy. (orig.)

  18. Problems of future energy market planning and optimization

    International Nuclear Information System (INIS)

    Lelek, V.; Jaluvka, D.

    2007-01-01

    Probable development of energy market is described in the article and special attention is devoted to the nuclear energy, which not only consume, but also produce raw material and how to proceed to avoid crises in supply. Problems of future energy supply of heat, liquid fuel, electricity are described. Expected effect will be jump in prices or regulated supply to equalize supply and use. It can completely change our standard consideration of profit

  19. Rational expectations, risk and efficiency in energy futures markets

    Energy Technology Data Exchange (ETDEWEB)

    Serletis, Apostolos (Calgary Univ., AB (CA). Dept. of Economics)

    1991-04-01

    Conditional on the hypothesis that energy futures markets are efficient or rational, this paper uses Fama's regression approach to measure the information in energy futures prices about future spot prices and time varying premiums. The paper finds that the premium and expected future spot price components of energy futures prices are negatively correlated and that most of the variation in futures prices is variation in expected premiums. (author).

  20. Operations Optimization of Hybrid Energy Systems under Variable Markets

    Energy Technology Data Exchange (ETDEWEB)

    Chen, Jun; Garcia, Humberto E.

    2016-07-01

    Hybrid energy systems (HES) have been proposed to be an important element to enable increasing penetration of clean energy. This paper investigates the operations flexibility of HES, and develops a methodology for operations optimization to maximize its economic value based on predicted renewable generation and market information. The proposed operations optimizer allows systematic control of energy conversion for maximal economic value, and is illustrated by numerical results.

  1. Redefining RECs: Additionality in the voluntary Renewable Energy Certificate market

    Science.gov (United States)

    Gillenwater, Michael Wayne

    In the United States, electricity consumers are told that they can "buy" electricity from renewable energy projects, versus fossil fuel-fired facilities, through participation in a voluntary green power program. The marketing messages communicate to consumers that their participation and premium payments for a green label will cause additional renewable energy generation and thereby allow them to claim they consume electricity that is absent pollution as well as reduce pollutant emissions. Renewable Energy Certificates (RECs) and wind energy are the basis for the majority of the voluntary green power market in the United States. This dissertation addresses the question: Do project developers respond to the voluntary REC market in the United States by altering their decisions to invest in wind turbines? This question is investigated by modeling and probabilistically quantifying the effect of the voluntary REC market on a representative wind power investor in the United States using data from formal expert elicitations of active participants in the industry. It is further explored by comparing the distribution of a sample of wind power projects supplying the voluntary green power market in the United States against an economic viability model that incorporates geographic factors. This dissertation contributes the first quantitative analysis of the effect of the voluntary REC market on project investment. It is found that 1) RECs should be not treated as equivalent to emission offset credits, 2) there is no clearly credible role for voluntary market RECs in emissions trading markets without dramatic restructuring of one or both markets and the environmental commodities they trade, and 3) the use of RECs in entity-level GHG emissions accounting (i.e., "carbon footprinting") leads to double counting of emissions and therefore is not justified. The impotence of the voluntary REC market was, at least in part, due to the small magnitude of the REC price signal and lack of

  2. Wind Energy in the United States: Market and Research Update

    International Nuclear Information System (INIS)

    Goldman, P.R.; Thresher, R.W.; Hock, S.M.

    1999-01-01

    U.S. market activity has increased over the last two years. In 1998, new capacity totaled about 150 MW and projected 1999 capacity additions are over 600 MW. As the electricity market continues to evolve under restructuring, the U.S. Department of Energy (U.S. DOE) Wind Energy Program has positioned itself to work with industry to meet current challenges and opportunities, and prepare for the market of tomorrow. Some opportunities include green power markets and distributed applications, although a primary challenge involves the fact that avoided cost payments to renewable generators are not high enough to economically support projects. A recently incorporated power exchange in California, APX, Inc., has demonstrated that green power does attract a premium over prices on the conventional power exchange. The key elements of the U.S. DOE Wind Program are (1) Applied Research, which is critical for achieving advanced turbine designs capable of competing in a restructured market that emphasizes low cost generation; (2) Turbine Research, which supports the U.S. industry in developing competitive, high performance, reliable wind turbine technology for global energy markets; and (3) Cooperative Research and Testing, under which standards development and certification testing are the key activities for the current year

  3. Marketing energy conservation options to Northwest manufactured home buyers

    Energy Technology Data Exchange (ETDEWEB)

    Hendrickson, P.L.; Mohler, B.L.; Taylor, Z.T.; Lee, A.D.; Onisko, S.A.

    1985-06-01

    This study relies on extensive, existing survey data and new analyses to develop information that would help design a marketing plan to achieve energy conservation in new manufactured homes. Existing surveys present comprehensive information about regional manufactured home occupants and their homes that are relevant to a potential conservation marketing plan. An independent analysis of the cost-effectiveness of various efficiency improvements provides background information for designing a marketing plan. This analysis focuses on the economic impacts of alternative energy conservation options as perceived by the home owner. Identifying impediments to conservation investments is also very important in designing a marketing plan. A recent report suggests that financial constraints and the need for better information and knowledge about conservation pose the major conservation investment barriers. Since loan interest rates for new manufactured homes typically exceed site-built rates by a considerable amount and the buyers tend to have lower incomes, the economics of manufactured home conservation investments are likely to significantly influence their viability. Conservation information and its presentation directly influences the manufactured home buyer's decision. A marketing plan should address these impediments and their implications very clearly. Dealers express a belief that consumer satisfaction is the major advantage to selling energy efficient manufactured homes. This suggests that targeting dealers in a marketing plan and providing them direct information on consumers' indicated attitudes may be important. 74 refs.

  4. 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

  5. Introduction of natural gas in the Scandinavian energy market

    Energy Technology Data Exchange (ETDEWEB)

    Tandberg, E.

    1992-05-01

    We have given special attention to strategic features of some current decision problems of relevance for the future development of the energy market. The analysis indicates that these features will be of importance. The market solutions in our analysis are, of course, results of the specific parameters that we have stipulated. The types of strategic issues that arise, however, do often seem to be rather independent of the specific market description. Traditionally, government policies towards the energy sector have primarily been based on direct regulations. There is a strong trend towards increased emphasis on structural and strategic issues in regulatory policies. In order to establish an efficient regulatory framework for the Scandinavian gas market, a thorough understanding of the energy market's mode of functioning is indispensable. Energy market analyses have, in many cases, treated aspects of demand and supply more or less separately. We believe that an integrated, equilibrium-based approach could be useful. In order to facilitate an explicit representation of important strategic aspects, such an approach will be essential. Further work on strategic issues in the energy market could be of great value. Among other things, future research should put emphasis on the dynamics of investment decisions and the modeling of games that involve several players. More complicated formulations on non-cooperative games would tend to give results that are more in line with the cooperative solutions. The complicating features serve to put constraints on the players' actions. These constraints are in many ways similar to binding agreements. 5 refs., 5 figs., 5 tabs.

  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. 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. Commercialisation and development of the solar energy market

    International Nuclear Information System (INIS)

    Out, P.G.; Zegers, F.T.S.; Voskens, R.G.J.H.; Venema, T.W.; Ree, B.G.C. van der; Linthorst, G.G.H.

    2000-01-01

    In the nineties the 'project approach' has been developed in The Netherlands to overcome prevailing market barriers for the large scale market introduction of Solar Water heaters: poor economics, low acquaintance at consumer as well as at urban planning and architect level, a supposed low quality perception, complex subsidy handling and unfavorable building codes. Within this approach solar technology is offered to customers in different market segments in packages combining: the economy of scale, quality control, high quality solar energy systems and back-up heating systems, selective marketing and publicity focussed on the target group, financial, logistic, installation and after sales services. Since 1990 the annual solar collector sales in The Netherlands have increased from 5,000 m 2 to approx. 30,000 m 2 in 1999 due to a government program in which the project approach has been developed and repeatedly executed in new housing developments, renovation projects and in campaigns focussed at individual home-owners and more recently in the market segments were large scale solar systems can be applied. The project approach effectively triggers off long term market development. This takes place by the numerous follow-up projects and knowledge transfer to organizations participating in the various projects. Other important spin off for long term market development is the establishment of national solar installation/lease companies, the development of new financing and marketing methods and new kinds of promoters like banks and NGOs. (au)

  9. Hierarchical energy management mechanisms for an electricity market with microgrids

    Directory of Open Access Journals (Sweden)

    Hong-Tzer Yang

    2014-08-01

    Full Text Available This study addresses a micro-grid electricity market (MGEM with day-ahead (DA and real-time market mechanisms integrated. The bidding mechanisms for the market are described in this study, considering the generation cost of different distributed energy resources (DERs, like distributed generator, energy storage system and demand response. Including load and renewable generation forecasting systems and a fuzzy decision supporting system, a hierarchical micro-grid energy management system (MG-EMS is then proposed to ensure the benefits of involved micro-grid central controller, DER owners and customers. To verify the feasibility of the proposed system, the whole-year historical pricing and load data for New England independent system operator are employed. The numerical results show that the proposed MG-EMS is promising and effective for the operations of MGEM.

  10. 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.

  11. Decentralized energy supply and electricity market structures

    OpenAIRE

    Weber, Christoph; Vogel, Philip

    2005-01-01

    Small decentralized power generation units (DG) are politically promoted because of their potential to reduce GHG-emissions and the existing dependency on fossil fuels. A long term goal of this promotion should be the creation of a level playing field for DG and conventional power generation. Due to the impact of DG on the electricity grid infrastructure, future regulation should consider the costs and benefits of the integration of decentralized energy generation units. Without an adequate c...

  12. Renewable energy market conditions and barriers in Turkey

    International Nuclear Information System (INIS)

    Nalan, Cicek Bezir; Murat, Oeztuerk; Nuri, Oezek

    2009-01-01

    Decentralized wind, hydropower, biogas and biomass, geothermal, solar thermal and solar electricity energy systems are the most commonly found renewable energy technologies promoted for rural energy supply within sustainable developments programs. They are, therefore, seen to have a central place in the practice of sustainable development and in allowing less development countries to bypass the environmentally damaging fossil fuel intensive paths made by industrialized countries. On the political front, many less development countries are critical of pressure on them to adopt environmental energy technologies. Turkey is situated the meeting point of three continents (Asia, Europe and Africa) and stands as a bridge between Asia and Europe. The country is located in southeastern Europe and southwestern Asia. As Turkey's economy has expanded in recent years, the consumption of primary energy has increased. Presently in order to increase the energy production from domestic energy resources, decrease the use of fossil fuels as well as reduce of green house gas emissions different renewable energy sources are used for energy production in Turkey. The share of energy production from renewable energy sources has increased during the last 10 years. Turkey must import most of the energy to meet her needs. Turkey also has a large potential for renewable energies. The lack of knowledge about renewable energy technologies by most policy-makers, potential consumers, and energy firm managers has played against renewable energy developments. The paper presents renewable energy used in Turkey and Europe Union and evaluation of the market conditions and barriers of renewable energy use in Turkey. (author)

  13. 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

  14. Energy Market Liberalisation and Renewable Energy Policies in OECD Countries

    International Nuclear Information System (INIS)

    Vona, Francesco; Nicolli, Francesco

    2013-07-01

    We investigate the effect of energy liberalizations on policies that support renewable energy in a long panel of OECD countries. We estimate this effect accounting for the endogeneity of liberalisation related to joint decisions within a country's energy strategy. Using regulation in other industries as instruments, we find that energy liberalisation increases the public support to renewable energy. The effect of liberalisation is the second largest after the effect of per-capita income and is fully driven by reductions in entry barriers, while the effect of privatisation is negative. Finally, our results are robust to dynamic specifications and various policy indicators. (authors)

  15. An Active Role of Citizens on the Energy Market

    International Nuclear Information System (INIS)

    Skrlec, D.

    2016-01-01

    In order to fulfil climate and energy goals that EU has set for the period until 2030 and also after 2050, an engagement of the entire society is necessary. The energy sector is entering a transition towards a so called 4D model: decarbonization, decentralisation, distribution and democratisation. Citizens' engagement and responsibility in this transition requires active consumption management, energy generation and application of energy efficiency measures. To be competitive on the energy market, various forms of collective citizen collaborations are needed and to encourage people to participate in those, they have to be further educated so that the energy sector transition can succeed. The expected road transportation electrification posts further challenges on the energy sector. Horizontal connection of more EU policies, climate-energy, circular economy, digital agenda shows that a holistic approach is needed for the transition into a new, resource and energy more efficient, society.(author).

  16. Cuba's transition to market-based energy prices

    International Nuclear Information System (INIS)

    Perez-Lopez, J.F.

    1992-01-01

    Since 1960 the Soviet Union has been, for all practical purposes, Cuba's exclusive supplier of energy products. For certain time periods, Soviet sales of oil and oil products to Cuba were made at concessional prices; prior to 1991, they were priced using transferable rubles and were essentially bartered for Cuban goods, especially sugar. Effective January 1, 1991, the Soviet Union shifted to world market prices and convertible currency payments for all traded commodities, including energy products. The shift to market prices and convertible currencies in Cuban-Soviet energy trade has already brought - or is likely to bring - a number of adjustments in four areas: (1) the trade balance; (2) the ability to reexport oil and oil products; (3) energy consumption patterns; (4) and the structure of energy supplies. 33 refs., 8 tabs

  17. The Federal Republic of Germany as an energy market

    International Nuclear Information System (INIS)

    Schiffer, H.W.

    1988-01-01

    The book provides a comprehensive overview of the energy market West Germany. The central part is a presentation of the organizational structure of the most important sectoral markets and pricing mechanisms for petroleum, electric power, natural gas, and coal. A further emphasis is on the analysis of the structural change triggered off by the first energy crisis of 1973 and which was continued with increased momentum after the second one in 1979/1980. The book ascribes the savings of energy achieved in industry, households, small businesses and the transport sector to the development of prices and the energy policy implemented since 1973. The final part contains an outline - against the background of the development to be expected in future - of topical points of emphasis of an energy policy that is increasingly influenced by environmental concerns. (orig.) [de

  18. Environmental Policies, Product Market Regulation and Innovation in Renewable Energy

    International Nuclear Information System (INIS)

    Nesta, Lionel; Vona, Francesco; Nicolli, Francesco

    2012-10-01

    We investigate the effectiveness of policies in favor of innovation in renew- able energy under different levels of competition. Using information regarding renewable energy policies, product market regulation and high-quality green patents for OECD countries since the late 1970's, we develop a pre-sample mean count-data econometric specification that also accounts for the endogeneity of policies. We find that renewable energy policies are significantly more effective in fostering green innovation in countries with deregulated energy markets. We also find that public support for renewable energy is crucial only in the generation of high-quality green patents, whereas competition enhances the generation of green patents irrespective of their quality. (authors)

  19. Geothermal energy in France. Market study for 2011

    International Nuclear Information System (INIS)

    2012-01-01

    After having recalled the French national objectives for 2020 related to the share of renewable energies in final energy consumption, and given a brief overview of geothermal production in Europe, this report proposes a rather detailed overview of the geothermal market and production in France: evolution of the geothermal production stock, assessment of tonnes equivalent of oil and CO 2 emissions, users, turnover, jobs. It addresses the three main geothermal sectors: high energy (boiling geothermal, the Soultz-sous-Forets power station), direct use of heat, and very low energy (heat demand in France, results and regional distribution, market structure, analysis of the price of an installation). The last part addresses the legal and financial framework: status of French law, quality issue, levers for development (purchase tariff, geologic risk, thermal regulation 2012, energy saving certificates, tax credits, and subsidies)

  20. Energy prices, multiple structural breaks, and efficient market hypothesis

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Chien-Chiang; Lee, Jun-De [Department of Applied Economics, National Chung Hsing University, Taichung (China)

    2009-04-15

    This paper investigates the efficient market hypothesis using total energy price and four kinds of various disaggregated energy prices - coal, oil, gas, and electricity - for OECD countries over the period 1978-2006. We employ a highly flexible panel data stationarity test of Carrion-i-Silvestre et al. [Carrion-i-Silvestre JL, Del Barrio-Castro T, Lopez-Bazo E. Breaking the panels: an application to GDP per capita. J Econometrics 2005;8:159-75], which incorporates multiple shifts in level and slope, thereby controlling for cross-sectional dependence through bootstrap methods. Overwhelming evidence in favor of the broken stationarity hypothesis is found, implying that energy prices are not characterized by an efficient market. Thus, it shows the presence of profitable arbitrage opportunities among energy prices. The estimated breaks are meaningful and coincide with the most critical events which affected the energy prices. (author)

  1. Energy prices, multiple structural breaks, and efficient market hypothesis

    International Nuclear Information System (INIS)

    Lee, Chien-Chiang; Lee, Jun-De

    2009-01-01

    This paper investigates the efficient market hypothesis using total energy price and four kinds of various disaggregated energy prices - coal, oil, gas, and electricity - for OECD countries over the period 1978-2006. We employ a highly flexible panel data stationarity test of Carrion-i-Silvestre et al. [Carrion-i-Silvestre JL, Del Barrio-Castro T, Lopez-Bazo E. Breaking the panels: an application to GDP per capita. J Econometrics 2005;8:159-75], which incorporates multiple shifts in level and slope, thereby controlling for cross-sectional dependence through bootstrap methods. Overwhelming evidence in favor of the broken stationarity hypothesis is found, implying that energy prices are not characterized by an efficient market. Thus, it shows the presence of profitable arbitrage opportunities among energy prices. The estimated breaks are meaningful and coincide with the most critical events which affected the energy prices. (author)

  2. Market Mechanism Design for Renewable Energy based on Risk Theory

    Science.gov (United States)

    Yang, Wu; Bo, Wang; Jichun, Liu; Wenjiao, Zai; Pingliang, Zeng; Haobo, Shi

    2018-02-01

    Generation trading between renewable energy and thermal power is an efficient market means for transforming supply structure of electric power into sustainable development pattern. But the trading is hampered by the output fluctuations of renewable energy and the cost differences between renewable energy and thermal power at present. In this paper, the external environmental cost (EEC) is defined and the EEC is introduced into the generation cost. At same time, the incentive functions of renewable energy and low-emission thermal power are designed, which are decreasing functions of EEC. On these bases, for the market risks caused by the random variability of EEC, the decision-making model of generation trading between renewable energy and thermal power is constructed according to the risk theory. The feasibility and effectiveness of the proposed model are verified by simulation results.

  3. Natural gas supply strategies for European energy market actors

    International Nuclear Information System (INIS)

    Girault, Vincent

    2007-06-01

    The liberalization of the European energy markets leads to the diversification of supplies. Hence, we analyse the natural gas importation problem in a power producer point of view. Upstream and downstream natural gas markets are concentrated. In this oligopoly context, our topic is to focus on strategies which modify natural gas sourcing price. This by studying the surplus sharing on the natural gas chain. A European firm can bundle gas and electricity outputs to increase its market share. Therefore, a bundling strategy of a power producer in competition with a natural gas reseller on the final European energy market increases upstream natural gas price. Bundling also acts as a raising rival cost strategy and reduces the rivals' profit. Profits opportunities incite natural gas producers to enter the final market. Vertical integration between a natural gas producer and a European gas reseller is a way, for producers, to catch end consumer surplus. Vertical integration results in the foreclosure of the power producer on the upstream natural gas market. To be active on the natural gas market, the power producer could supply bundles. But, this strategy reallocates the rent. The integrated firm on natural gas gets the rent of electricity market in expenses of the power producer. Then, a solution for the power producer is to supply gas and electricity as complements. Then, we consider a case where vertical integration is not allowed. Input price discrimination by a monopolist leads to a lower natural gas price for the actor which diversifies its supplying sources. Furthermore, a bundling strategy increases the gap between the price proposed to the firm which also diversify its output and the firm which is fully dependent from the producer to supply natural gas on final market. (author)

  4. Transaction hubs: can tame energy market communications

    Energy Technology Data Exchange (ETDEWEB)

    Hamilos, C.

    2002-07-01

    The nature and function of transaction hubs is described in view of their growing usefulness as electric industry deregulation takes hold and with it the urgent requirement for trading partners to exchange information quickly and efficiently. The paper stresses the many difficulties involved in communications between trading partners since each partner operates under a different set of business rules, with the result that there are 'language differences' to overcome, not to mention the sheer volume of data that must be handled. To make it all work, companies turn increasingly to products like communication hubs. They are able to overcome the fact that different companies have different systems, different data formats and different business rules, and are able to help companies to package, transmit, receive and process information. The principal advantage of a hub is that no one has to learn anyone else's interface. Everyone can continue to use their own data format and transaction models. The hub supplies the protocols and processing rules needed to work with any of the partners connected to the hub. In order to achieve the level of efficiency and reliability required in a hub, certain design principles must be satisfied. These are : scalability, facilities for load balancing, availability of standard routine services, ability to recognize a process as consisting of various transactions, and a transaction as belonging to a specific process, ability to allow the user to configure expiration times around the business processes according to market rules, facility to easily configure validation rules, ability to handle exceptions, ability to interoperate with many middle-ware products, and to manage work flow in a manner that is transparent to operating personnel.

  5. A local energy market for electricity and hydrogen

    DEFF Research Database (Denmark)

    Xiao, Yunpeng; Wang, Xifan; Pinson, Pierre

    2017-01-01

    The proliferation of distributed energy resources entails efficient market mechanisms in distribution-level networks. This paper establishes a local energy market (LEM) framework in which electricity and hydrogen are traded. Players in the LEM consist of renewable distributed generators (DGs......), loads, hydrogen vehicles (HVs), and a hydrogen storage system (HSS) operated by a HSS agent (HSSA). An iterative LEM clearing method is proposed based on the merit order principle. Players submit offers/bids with consideration of their own preferences and profiles according to the utility functions...

  6. Market and Policy Barriers to Energy Storage Deployment

    Energy Technology Data Exchange (ETDEWEB)

    Bhatnagar, Dhruv [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Currier, Aileen [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Hernandez, Jacquelynne [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Ma, Ookie [Dept. of Energy (DOE), Washington DC (United States) Office of Energy Efficiency and Renewable Energy; Kirby, Brendan [Consultant

    2013-09-01

    Electric energy storage technologies can provide numerous grid services; there are a number of factors that restrict their current deployment. The most significant barrier to deployment is high capital costs, though several recent deployments indicate that capital costs are decreasing and energy storage may be the preferred economic alternative in certain situations. However, a number of other market and regulatory barriers persist, limiting further deployment. These barriers can be categorized into regulatory barriers, market (economic) barriers, utility and developer business model barriers, cross-cutting barriers and technology barriers.

  7. Future UK markets for stand-alone renewable energy systems

    International Nuclear Information System (INIS)

    Paish, O.

    1999-01-01

    A study to identify and quantify the market for stand-alone renewable energy supplies of power (photovoltaics, wind and micro-hydro electricity systems) was described. The study focused on small systems, generally less than a few kW installed capacity. It was suggested that in the UK, the emphasis on grid-connected renewable energy technologies (RETs) has blurred the fact that it is 'off-grid' renewable systems that can offer more immediate real commercial markets for the renewables business. With the likelihood of a significant increase in demand for renewables world wide over the next ten years, the UK needs to make a special effort to become involved

  8. Liberalising energy markets: Cost management using measurement data

    International Nuclear Information System (INIS)

    Girsberger, H.

    2000-01-01

    This article looks at the various factors involved in assuring good cost management and customer relations in the liberalised energy market such as price levels, additional services and added value for the customer. The additional information required by the utilities to be able to implement such customer-oriented strategies is considered and ways of collecting and processing the data on energy consumption, customer profiles and trends are described. The further analysis of the data and the compilation of reports for management, marketing, engineering and quality assurance departments are discussed, as are the information technology and equipment interfaces required to do this

  9. Essays on U.S. energy markets

    Science.gov (United States)

    Brightwell, David A.

    2008-04-01

    This dissertation examines three facets of U.S. energy use and policy. First, I examine the Gulf Coast petroleum refining industry to determine the structure of the industry. Using the duality between cost-minimization and production functions, I estimate the demand for labor to determine the underlying production function. The results indicate that refineries have become more capital intensive due to the relative price increase of labor. The industry has consolidated in response to higher labor costs and costs of environmental compliance. Next, I examine oil production in the United States. An empirical model based on the theoretical framework of Pindyck is used to estimate production. This model differs from previous research by using state level data rather than national level data. The results indicate that the production elasticity with respect to reserves and the price elasticity of supply are both inelastic in the long run. The implication of these findings is that policies designed to increase domestic production through subsidies, tax breaks, or royalty reductions will likely provide little additional oil. We simulate production under three scenarios. In the most extreme scenario, prices double between 2005 and 2030 while reserves increase by 50%. Under this scenario, oil production in 2030 is approximately the same as the 2005 level. The third essay estimates demand for fossil fuels in the U.S. and uses these estimates to forecast CO2 emissions. The results indicate that there is almost no substitution from one fossil fuel to another and that all three fossil fuels are inelastic in the long run. Additionally, all three fuels respond differently to changes in GDP. The result of the differing elasticities with respect to GDP is that the energy mix has changed over time. The implication for forecasting CO2 emissions is that models that cannot distinguish changes in the energy mix are not effective in forecasting CO2 emissions.

  10. Institutions in European and Asian energy markets: A methodological overview

    International Nuclear Information System (INIS)

    Aalto, Pami

    2014-01-01

    This article introduces a methodological framework to study institutions in European and Asian energy markets with a comparative case study on the EU and east Asia. A distinction is made between informal and three types of formal institutions; and their transaction cost reducing, order creating and ecological/climatic functions. The operation of energy markets is explained through the structure of institutions, their types and functions. It is found that order-creating institutions guarantee enough stability, (mutual) trust and solidarity among EU Member States to support the competitive markets institution and supranational formal institutions as the underpinnings of trade in the internal energy market, which nevertheless retains some corporatist features. In the east Asian markets the nature of order-creating institutions sovereignty, energy diplomacy and great power management prevents the emergence of supranational formal institutions and a shared idea of trade. The prevailing structure has a large number of sub-regional organisations with overlapping tasks and few powers. In both markets the functions of institutions signify more than their number; transaction cost reducing institutions are dependent on order-creating institutions, while both of these functions are better realised on the regional level than ecological/climatic functions; ultimately informal institutions are most influential. - Highlights: • Institutions include informal types and three formal types. • The functions of institutions relate to transaction costs, order and ecology. • Transaction cost reduction depends on order creating institutions. • Ecological functions are the most difficult to realise regionally. • Informal institutions are most influential in the EU and east Asian markets

  11. 75 FR 5782 - Noble Energy Marketing and Trade Corporation; Supplemental Notice That Initial Market-Based Rate...

    Science.gov (United States)

    2010-02-04

    ... Marketing and Trade Corporation; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...-referenced proceeding of Noble Energy Marketing and Trade Corporation's application for market- based rate... electronic submission of protests and interventions in lieu of paper, using the FERC Online links at http...

  12. Commission of energy regulation. 2004 activity report

    International Nuclear Information System (INIS)

    2004-01-01

    The commission of energy regulation (CRE) is an independent administrative authority in charge of the control of the operation of gas and electricity markets. This document is the fifth activity report of CRE and covers the July 1, 2003 - June 30, 2004 period, which corresponds to the era of opening of energy markets as a consequence of the enforcement of the June 26, 2003 European directive. In the framework of the stakes made by energy markets liberalization, this document presents the situation of the gas and electricity markets during this period (European framework, regulation of both markets, public utility mission..) and describes CRE's means for the monitoring of these markets. (J.S.)

  13. 75 FR 12737 - Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp.

    Science.gov (United States)

    2010-03-17

    ... impact on the reliability of the U.S. electric power supply system. Copies of this application will be... DEPARTMENT OF ENERGY [OE Docket Nos. EA-363 and EA-364] Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp. AGENCY: Office of Electricity Delivery and Energy Reliability...

  14. Renewable energies development: what contribution of the carbon market?

    International Nuclear Information System (INIS)

    Bordier, Cecile

    2008-12-01

    In the climate-energy package, the European Union has committed to achieve objectives differentiated by countries to reduce greenhouse gas emissions and developing renewable energies. Part of the emissions reduction must be achieved through a common mechanism to all Member States: the European CO 2 trading market (EU ETS) covers about 40% of emissions of gas European greenhouse from five major industrial sectors, including power generation. The development of renewable energy is the responsibility of each member state. To meet its commitments in terms of renewable energy, each Member State may adopt economic incentives: tendering, purchase prices or green certificates. This Climate Report describes two national policies with different instruments: aid mechanism by prices in France and definition of quantitative targets in the UK. The author attempts to evaluate these policies for the production of renewable electricity in terms of cost per ton of carbon avoided to compare with the price of carbon quotas in the EU ETS. The results show that the cost of national incentive policies for renewable energy per ton of CO 2 avoided varies significantly from one country to another, but in both cases higher than the quota price on the European market. It is difficult to draw definitive conclusions on economic effectiveness of different policy instruments. The first phase of the European exchange of CO 2 quotas market has induced a stress relatively low, weighing mainly on the electricity generation sector. The allocations to the electricity sector have been reduced from 2008 and quotas will be auctioned from 2013 within the limits of an overall ceiling will decrease year by year. This increase in stress on emissions should play a key role in the deployment of CO 2 emission reduction solutions in this sector, including the development of renewable energies. The incentive mechanisms at the national level could complement the impact of the European carbon market by accelerating

  15. About the development strategies of power plant in energy market

    Science.gov (United States)

    Duinea, Adelaida Mihaela

    2017-12-01

    The paper aims at identifying and assessing the revenues and costs incurred by various modernization and modernization-development strategies for a power plant in order to optimize the electric and thermal energy are produced and to conduct a sensitivity analysis of the main performance indicators. The Romanian energy system and the energy market have gone a long transition way, from the vertically integrated model, the responsibility for the delivery of the electricity comes exclusively to a state monopoly, to a decentralized system, characterized by the decentralization of production and transport, respectively distribution activities. Romania chose the liberal market model where the relations between the actors in the market - producers and suppliers free to make sales and purchase transactions for electrical energy - are mostly governed by contracts, which may be either bilaterally negotiated or are already regulated. Therefore, the importance of understanding the development trend of the Romanian energy market lies in its economic effects upon the solutions which could be adopted for the evolution of the cogeneration power plant in question.

  16. Problems of future energy market planning and optimization

    International Nuclear Information System (INIS)

    Vladimir Lelek; David Jaluvka

    2007-01-01

    Problems of future energy supply in the form, which is demanded - heat, liquid fuel, electricity - are described. There are several factors, which probably could be studied separately: technology and its sustain ability with respect to the raw materials resources, long time for capacity construction, for some form of energy even absence of sufficiently deep technology knowledge and model of prices. Prices are specially peculiar problem - they could be very different from the standard approach (investment, operation and maintenance, fuel, profit), if there are market instabilities and you are not able to supply market by the demanded amount form of energy with the consequences on production. Expected effect will be jump in prices or regulated supply to equalize supply and use. Such situation will be until the new capacities are put into operation or new technologies of production are established - it could be time about ten or more years and this can completely change our standard consideration of profit. The main profit will be to avoid losses and unemployment. Also concept of local or domestic raw material resources could be changed - in the free market your resources will be sold to those paying more. Probable development of energy market is described in the article and special attention is devoted to the nuclear energy, which not only consume, but also produce raw material and how to proceed to avoid crises in supply. Contemporary understanding of the problem does not enable to formulate it strictly as mathematical optimization task (Authors)

  17. Political and economic heritage of postcommunist Europe and energy market

    International Nuclear Information System (INIS)

    Sander, M.

    1999-01-01

    Transition countries include a group of countries with similar political, economic and social problems that signify the period after the end of the cold war and the fall of Communism. The paper presents the characteristics of the European Communist countries before and after the fall of the iron curtain, which influenced the transition process toward market economy. The centralist (Russian) economy model had enormous advantages at the beginning, particularly in the energy sector, owing to unlimited consumption of blood, sweat and tears during the construction of major power plants. The bureaucratic system executed ruthless expropriation of land and the existing power system, neglecting the environment and human health and even disregarding the feasibility of new power plants. The market creation and particularly the creation of an energy market, under which we understand selling and buying of all forms of energy, fuels, power plants' equipment and capital for energy sector, asks for a series of tasks from the Eastern European countries. They must accept market rules, standards of highly industrialised western countries and achievements in parliamentary democracy as the canon of behaviour in democracy. Setting up a legal infrastructure for the private sector, devising a taxation system, determining ownership rights, stabilising the macro economy in the sense of managing the government budget so as to avoid an excessive fiscal deficit, and stabilising monetary policy are primary tasks of the transition countries. The paper particularly reviews the tasks specifically related to the energy sector and analyses the problems taking into account national strategic interests. (author)

  18. A thermal storage capacity market for non dispatchable renewable energies

    Science.gov (United States)

    Bennouna, El Ghali; Mouaky, Ammar; Arrad, Mouad; Ghennioui, Abdellatif; Mimet, Abdelaziz

    2017-06-01

    Due to the increasingly high capacity of wind power and solar PV in Germany and some other European countries and the high share of variable renewable energy resources in comparison to fossil and nuclear capacity, a power reserve market structured by auction systems was created to facilitate the exchange of balance power capacities between systems and even grid operators. Morocco has a large potential for both wind and solar energy and is engaged in a program to deploy 2000MW of wind capacity by 2020 and 3000 MW of solar capacity by 2030. Although the competitiveness of wind energy is very strong, it appears clearly that the wind program could be even more ambitious than what it is, especially when compared to the large exploitable potential. On the other hand, heavy investments on concentrated solar power plants equipped with thermal energy storage have triggered a few years ago including the launching of the first part of the Nour Ouarzazate complex, the goal being to reach stable, dispatchable and affordable electricity especially during evening peak hours. This paper aims to demonstrate the potential of shared thermal storage capacity between dispatchable and non dispatchable renewable energies and particularly CSP and wind power. Thus highlighting the importance of a storage capacity market in parallel to the power reserve market and the and how it could enhance the development of both wind and CSP market penetration.

  19. Proposal of a new architecture for the electricity market. Report for France Energie Eolienne

    International Nuclear Information System (INIS)

    2014-09-01

    In a context of evolution of electricity markets in all European countries, with notably an increasing share of renewable energies (particularly wind and solar energy), and as there are two main objectives for the future electricity market rules (integration of renewable energies within the market, market adaptation to a strong development of these energies), this document reports the development of recommendations for the implementation of a market architecture which would promote these objectives in France. These recommendations concern the access to the grid, the wholesale market, adjustment rules, an additional remuneration for renewable energies, the retail market, and the carbon market

  20. Barriers to retail marketing of renewable energy products in an energy-rich province

    International Nuclear Information System (INIS)

    Haner, S.A.

    1999-01-01

    Personal experiences in attempting to market photovoltaics and other renewable energy products in Alberta, a province rich in energy sources, are recounted as part of an exploration of ways to help industry to develop strategies that will advance the acceptance of renewable energy products, particularly in areas of the world that are not concerned about energy supply. Social acceptability, emphasis on a healthy and convenient lifestyle associated with renewable energy products, practical, user-friendly products, and competitive prices, are some of the key elements in successfully marketing renewable energy products

  1. Commercial Building Energy Asset Rating Program -- Market Research

    Energy Technology Data Exchange (ETDEWEB)

    McCabe, Molly J.; Wang, Na

    2012-04-19

    Under contract to Pacific Northwest National Laboratory, HaydenTanner, LLC conducted an in-depth analysis of the potential market value of a commercial building energy asset rating program for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy. The market research objectives were to: (1) Evaluate market interest and need for a program and tool to offer asset rating and rapidly identify potential energy efficiency measures for the commercial building sector. (2) Identify key input variables and asset rating outputs that would facilitate increased investment in energy efficiency. (3) Assess best practices and lessons learned from existing national and international energy rating programs. (4) Identify core messaging to motivate owners, investors, financiers, and others in the real estate sector to adopt a voluntary asset rating program and, as a consequence, deploy high-performance strategies and technologies across new and existing buildings. (5) Identify leverage factors and incentives that facilitate increased investment in these buildings. To meet these objectives, work consisted of a review of the relevant literature, examination of existing and emergent asset and operational rating systems, interviews with industry stakeholders, and an evaluation of the value implication of an asset label on asset valuation. This report documents the analysis methodology and findings, conclusion, and recommendations. Its intent is to support and inform the DOE Office of Energy Efficiency and Renewable Energy on the market need and potential value impacts of an asset labeling and diagnostic tool to encourage high-performance new buildings and building efficiency retrofit projects.

  2. The price of energy efficiency in the Spanish housing market

    International Nuclear Information System (INIS)

    Ayala, Amaia de; Galarraga, Ibon; Spadaro, Joseph V.

    2016-01-01

    The housing sector is a substantial consumer of energy, and therefore a focus for energy savings efforts. The Energy Performance of Buildings Directive (EPBD), introduced in 2002 and revised in 2010, is a key instrument to increase the energy performance of buildings across the European Union. Following the implementation of the EPBD into Spanish law, all properties offered for sale or rented out in Spain are required to have an Energy Performance Certificate (EPC). Given that the implementation of the EPC scheme for new, existing and advertised properties is still very low in Spain, unlike other European housing markets, the Spanish one lacks market data on energy efficiency (EE) labels and their impact on housing price. To overcome this gap, we determine the EE ratings of a sample of 1507 homes across Spain on the basis of information collected previously through household surveys. This allowed us to answer the question of whether or not, and to what extent, Spanish housing markets capitalise the value of EE. We apply the hedonic-price technique and observe that more energy efficient dwellings have a price-premium between 5.4% and 9.8% compared to those with the same characteristics but lower EE level. - Highlights: •The Spanish housing market lacks data on energy efficiency (EE) labels. •We determine the EE ratings of a sample of 1507 homes across Spain. •Homes labelled A, B and C account for less than 10% of the housing stock. •Energy efficient dwellings have a price-premium between 5.4% and 9.8%, ceteris paribus.

  3. Landfill gas for energy utilisation. A market strategy for Europe

    International Nuclear Information System (INIS)

    1995-05-01

    The Biogas and Landfill Gas Marketing Strategy Group was set up with the objective to advise EU-DG 17 (THERMIE/OPET) on the dissemination strategies for biogas and landfill gas (LFG), a subsector of the Renewable Energy Sector (RES). The Marketing Strategy Group has identified market barriers and users' needs in the biogas and LFG subsector. Subsequently, the group evaluated successful instruments/methods to overcome these market barriers and to satisfy the users' needs. The group investigated the feasibility of transposing these instruments/success stories to other countries. The work of the Marketing Strategy Group resulted in proposals for future dissemination of biogas and LFG technology. After a short introduction into LFG technology and the LFG market, this document describes barriers to landfill gas technology dissemination and gives some examples about how to overcome them. This results in recommendations on a strategy for dissemination of LFG technology and expanding LFG markets. The document is mainly based on experience gained in the United Kingdom, Italy and the Netherlands

  4. Promoting nuclear energy: market price or regulated tariffs? - 5042

    International Nuclear Information System (INIS)

    Percebois, J.

    2015-01-01

    Because of its negative effects, the scheme for aiding renewable energies presently in force in Europe is likely to penalise investments in nuclear energy. The F.I.T. system is a costly mechanism and a source of perverse effects as a switching of the merit order curve on the spot electricity market (with sometimes negative prices). Restoring an equity and 'equal opportunity' for nuclear energy in Europe needs to implement a 'Contract for Differences' scheme for nuclear energy, like the model now gaining favour in the U.K. The contract for differences signed between EDF and the UK government means that if the wholesale price that EDF secures for Hinckley's power falls below the index-linked preset value, the difference will be covered by payments from the UK government. It appears that nuclear power has weakened in Europe by the system of guaranteed purchase prices for renewable energies. Moreover this system is costly. New fairer rules must be implemented in the market. Either the market is left on its own to send the signals to all investors (including renewable energies), or a minimum of regulation is introduced in order to limit the costly surges of under and over capacity. But in the latter case it is necessary to treat all the energy sources in an equal way and guarantee the nuclear industry that it will also recover its fixed costs over the long term)

  5. Canadian natural gas market: dynamics and pricing -- an energy market assessment

    International Nuclear Information System (INIS)

    2000-11-01

    This publication is part of the Energy Market Assessment Program of the National Energy Board. It focuses on identifying factors that affect natural gas prices and describe the current functioning of domestic regional markets in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and in the Atlantic provinces.The report emphasizes the growth in demand for natural gas throughout North America, and the aggressive response by producers to the current high price environment with increased drilling programs. The report also predicts a supply and demand adjustment over time, and an accompanying relief in natural gas prices, although the Board is not able to predict with certainty any movements in commodity markets. The Board's findings indicate that domestic users of natural gas paid less than export customers until 1998, at which point the two prices have converged. The end result of the convergence was that Canadians have had access to natural gas under terms and conditions which were no less favourable than those in effect for export customers. The influence of electronic trading systems is reviewed, noting that spot markets and futures markets such as the NYMEX and AECO-C/NIT have had a significant impact on the pricing of natural gas, mostly by allowing market participants to manage price volatility by forward contracting. 1 tab., 42 figs., 1 glossary

  6. The impact of energy derivatives on the crude oil market

    Energy Technology Data Exchange (ETDEWEB)

    Fleming, J.; Ostdiek, B. [Jones Graduate School of Management, Rice University, MS 531, P.O. Box 1892 Houston, TX (United States)

    1999-04-01

    We examine the effects of energy derivatives trading on the crude oil market. There is a common public and regulatory perception that derivative securities increase volatility and can have a destabilizing effect on the underlying market. Consistent with this view, we find an abnormal increase in volatility for three consecutive weeks following the introduction of NYMEX crude oil futures. While there is also evidence of a longer-term volatility increase, this is likely due to exogenous factors, such as the continuing deregulation of the energy markets. Subsequent introductions of crude oil options and derivatives on other energy commodities have no effect on crude oil volatility. We also examine the effects of derivatives trading on the depth and liquidity of the crude oil market. This analysis reveals a strong inverse relation between the open interest in crude oil futures and spot market volatility. Specifically, when open interest is greater, the volatility shock associated with a given unexpected increase in volume is much smaller. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  7. The impact of energy derivatives on the crude oil market

    International Nuclear Information System (INIS)

    Fleming, J.; Ostdiek, B.

    1999-01-01

    We examine the effects of energy derivatives trading on the crude oil market. There is a common public and regulatory perception that derivative securities increase volatility and can have a destabilizing effect on the underlying market. Consistent with this view, we find an abnormal increase in volatility for three consecutive weeks following the introduction of NYMEX crude oil futures. While there is also evidence of a longer-term volatility increase, this is likely due to exogenous factors, such as the continuing deregulation of the energy markets. Subsequent introductions of crude oil options and derivatives on other energy commodities have no effect on crude oil volatility. We also examine the effects of derivatives trading on the depth and liquidity of the crude oil market. This analysis reveals a strong inverse relation between the open interest in crude oil futures and spot market volatility. Specifically, when open interest is greater, the volatility shock associated with a given unexpected increase in volume is much smaller. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  8. Managing total corporate electricity/energy market risks

    International Nuclear Information System (INIS)

    Henney, A.; Keers, G.

    1998-01-01

    The banking industry has developed a tool kit of very useful value at risk techniques for hedging risk, but these techniques must be adapted to the special complexities of the electricity market. This paper starts with a short history of the use of value-at-risk (VAR) techniques in banking risk management and then examines the specific and, in many instances, complex risk management challenges faced by electric companies from the behavior of prices in electricity markets and from the character of generation and electric retailing risks. The third section describes the main methods for making VAR calculations along with an analysis of their suitability for analyzing the risks of electricity portfolios and the case for using profit at risk and downside risk as measures of risk. The final section draws the threads together and explains how to look at managing total corporate electricity market risk, which is a big step toward managing total corporate energy market risk

  9. 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.

  10. A stochastic MILP energy planning model incorporating power market dynamics

    International Nuclear Information System (INIS)

    Koltsaklis, Nikolaos E.; Nazos, Konstantinos

    2017-01-01

    Highlights: •Stochastic MILP model for the optimal energy planning of a power system. •Power market dynamics (offers/bids) are incorporated in the proposed model. •Monte Carlo method for capturing the uncertainty of some key parameters. •Analytical supply cost composition per power producer and activity. •Clean dark and spark spreads are calculated for each power unit. -- Abstract: This paper presents an optimization-based methodological approach to address the problem of the optimal planning of a power system at an annual level in competitive and uncertain power markets. More specifically, a stochastic mixed integer linear programming model (MILP) has been developed, combining advanced optimization techniques with Monte Carlo method in order to deal with uncertainty issues. The main focus of the proposed framework is the dynamic formulation of the strategy followed by all market participants in volatile market conditions, as well as detailed economic assessment of the power system’s operation. The applicability of the proposed approach has been tested on a real case study of the interconnected Greek power system, quantifying in detail all the relevant technical and economic aspects of the system’s operation. The proposed work identifies in the form of probability distributions the optimal power generation mix, electricity trade at a regional level, carbon footprint, as well as detailed total supply cost composition, according to the assumed market structure. The paper demonstrates that the proposed optimization approach is able to provide important insights into the appropriate energy strategies designed by market participants, as well as on the strategic long-term decisions to be made by investors and/or policy makers at a national and/or regional level, underscoring potential risks and providing appropriate price signals on critical energy projects under real market operating conditions.

  11. On The Economics of Energy Labels in the Housing Market

    Energy Technology Data Exchange (ETDEWEB)

    Brounen, D. [Erasmus University, Rotterdam (Netherlands); Kok, N. [Maastricht University, Maastricht (Netherlands)

    2010-08-15

    The residential housing market can play an important role in the reduction of global carbon emissions. This paper reports the first evidence on the market adoption and economic implications of energy performance certificates implemented by the European Union. The results show that adoption rates are low and declining over time, coinciding with negative sentiment regarding the label in the popular media. Labels are clustered among smaller, post-war homes in neighborhoods with more difficult selling conditions. We also document that the adoption rates of energy labels have a positive relation to the number of 'green' voters during the 2006 national elections. Within the sample of labeled homes, the energy label creates transparency in the energy performance of dwellings. Our analysis shows that consumers capitalize this information into the price of their prospective homes.

  12. Pricing and Hedging Quanto Options in Energy Markets

    DEFF Research Database (Denmark)

    Benth, Fred Espen; Lange, Nina; Myklebust, Tor Åge

    2015-01-01

    –Jarrow–Morton approach, we derive a closed-form option pricing formula for energy quanto options under the assumption that the underlying assets are lognormally distributed. Our approach encompasses several interesting cases, such as geometric Brownian motions and multifactor spot models. We also derive Delta and Gamma......In energy markets, the use of quanto options has increased significantly in recent years. The payoff from such options are typically written on an underlying energy index and a measure of temperature. They are suited to managing the joint price and volume risk in energy markets. Using a Heath...... expressions for hedging. Further, we illustrate the use of our model by an empirical pricing exercise using NewYork Mercantile Exchange-traded natural gas futures and Chicago Mercantile Exchange-traded heating degree days futures for NewYork....

  13. Pricing and Hedging Quanto Options in Energy Markets

    DEFF Research Database (Denmark)

    Benth, Fred Espen; Lange, Nina; Myklebust, Tor Åge

    approach we derive a closed form option pricing formula for energy quanto options, under the assumption that the underlying assets are log-normally distributed. Our approach encompasses several interesting cases, such as geometric Brownian motions and multifactor spot models. We also derive delta and gamma......In energy markets, the use of quanto options have increased significantly in the recent years. The payoff from such options are typically written on an underlying energy index and a measure of temperature and are suited for managing the joint price and volume risk in energy markets. Using an HJM...... expressions for hedging. Furthermore, we illustrate the use of our model by an empirical pricing exercise using NYMEX traded natural gas futures and CME traded Heating Degree Days futures for New York....

  14. Third single energy market package of the EU Commission

    International Nuclear Information System (INIS)

    Heller, W.

    2008-01-01

    In adopting the so-called Third Single Energy Market Package on September 9, 2007, the European Commission has initiated a comprehensive reform of the single energy market. The main item of the package is the separation of generation and supply from the transmission grids and transport networks in the electricity and gas sectors (ownership unbundling), an approach favored by the Commission. On the other hand, the Commission wants to advance protection of the European market in case firms from third countries, to the extent in which they do not comply with the EU unbundling requirements, would want to assume control over an EU grid or network. The key points of the package are presented. The legal and entrepreneurial ramifications are discussed, for instance, under the aspect of protection of ownership, and concrete as well as potential concerns about ownership unbundling are voiced. (orig.)

  15. Early experience in centralized real time energy market

    International Nuclear Information System (INIS)

    Alaywan, Z.; Hernandez, L.; Martin, M.

    2005-01-01

    The current structure of the California Independent System Operator (ISO) was described. The study provided an outline of California's transition from a decentralized pool operation to a forward bilateral market through the implementation of a centralized real time market. Details of the institutional, economic and technological history of the power system were provided. Although the California real time market was implemented in order to simplify the power system, a number of operational challenges were observed. Discontinuities in the energy curve resulted in the implementation of a target price process, which aimed to resolve the overlap in energy bids. The design of the ISO's real time market did not provide a mechanism for bidders to execute real time energy trades. Regulation bidders also internalized energy in their regulation capacity bids. The real time market application (RTMA) provided the ISO with a substantial computer program to determine and account for nearly all aspects of generation unit scheduling and physical characteristics with a multiple ramp rate. The program combined optimal power flow (OPF) logic for energy flows in addition to mixed-integer nonlinear optimization of trading schedules, and system and security constraints. The RTMA used a multi-period security constrained economic dispatch (SCED) function to optimize energy dispatch schedules. Other features of the RTMA included security constrained unit commitment, security constrained economic dispatch, and dispatch schedule post processes. It was concluded that implementation of the RTMA has increased the efficiency of the ISO. A case study of the RTMA during an outage in November 2004 was provided. 5 refs., 1 tab., 2 figs

  16. Energy in Southeast Asia: from Networks to Markets Integration

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2017-01-01

    Southeast Asia is one of the world's most dynamic regions and experiences strong economic and energy demand growth rates. In this context, the Association of Southeast Asian Nations (ASEAN) is seeking to interconnect the electric grids and gas networks of the countries through two initiatives, the Asean Power Grid and the Trans-Asean Gas Pipeline, in order to pool resources and optimize energy markets integration in the region

  17. The Earth in energy troubles

    International Nuclear Information System (INIS)

    Pierret, Ch.; Carroue, L.; Goodchild, M.F.; Charvet, J.P.; Simon, A.; Ane, J.M.; Auburtin, E.; Barre, B.; Bonin, S.; Fumey, G.; Daviet, S.; Goupil, Ph.; Helfer, M.; Raison, J.; Velut, S.; Vidal, D.; Radvanyi, J.; Tapia, St. de; Pourtier, R.; Sebille-Lopez, Ph.; Clairet, S.; Poirson, A.C.; Guillaume, J.; Collignon, B.; Bauquis, P.R.; Brunel, S.; Guillaume, J.; Hourcade, B.; Marchand-Vaguet, Y.; Pitte, J.R.; Marchand-Vaguet, Y.; Laherrere, J.; Letourneau, M.; Lemarchand, N.; Beltran, A.; Bret, B.; Feckoua, L.; Helfer, M.; Lacoste, R.; Manzagol, C.; Tessier, F.; Vanneph, A.; Claessens, M.; Berdevet, M.; Tabeaud, M.; Laherrere, J.; Arnould, P.; Berque, A.; Brucher, W.; Deshaies, M.; Douguedroit, A.; Husson, J.P.; Lemartinel, J.; Mancebo, F.; Baron-Yelles, N.; Pitte, J.R.; Sede Marceau, J.H. de; Vigneau, J.P.; Tabeaud, M.; Fremont, A.; Crozet, Y.; Maupu, J.L.; Orfeuil, J.P.; Savy, M.; Viel, D.; Hammer, A.; Sanjuan, Th.; Lagarec, D.; Raillon, F.; Koninck, R. de; Bailly, A.; Bruneau, M.; Boulanger, Ph.; Bret, B.; Fournet-Guerin, C.; Hourcade, J.Ch.; Pitte, J.R.; Sanjuan, Th.; Verdeil, E.; Butler, S. de; Saint Germain, F.; Bouette, N.; Detot, A.; Caracchioli, Ph.; Bouette, N.; Smaghue, N.; Pousin, J.; Buysse, Ph.; Riallant, Y.; Durand, H.; Genter, A.; Dieulin, C.; Pronier, O.; Badea, A.; Tetart, F.; Genevois, S.; Leobet, M.; Angsthelm, B.; Calugaru, C.; Domergue, Ph.; Iacu, C.; Muntele, L.; Goodchild, M.F.; Costa, P.

    2007-01-01

    This document gathers the available presentations (articles and transparencies) given at this annual meeting, the 2007 topic of which was the technological, geopolitical, economical, environmental, societal and development stakes of energy. 1 - technological stakes - which energies for the future: new energies, illusion or solution of the future; the Lorraine region, an energy land: strategies and stakes for a sustainable development; from China to Brazil: understanding the nuclear energy revival; hydroelectric power: renewable and sustainable energy; renewable energies and environment protection: the contribution of biofuels; wind power in Germany between success and contestation; 2 - geopolitical stakes - energy levier of power: the Gulf of Guinea hydrocarbons: between development and geopolitics; the complex evaluation of resources and reserves between technology, market and geopolitics; the new Bakou-Tbilissi-Ceyhan pipeline: what impacts for Turkey and the European Union; 3 - economical stakes - are public energy policies possible: the pro-alcohol program in Brazil; the surprising development of coal in the 21. century; natural gas: geo-economical and geopolitical stakes; exploitation of offshore platforms in Newfoundland: the new future of codfish island; tar sands of Alberta: promises and stakes of a 'Northern Arabia'; 4 - environmental stakes - energies responsible for the global warming: energy transformation and work in human societies; lessons learnt from the pre-industrial era: the limits of modern renewable energy sources; the energy policies in Europe: environmental constraints and geopolitical risks; reducing our energy consumption: a stake of the future; global warming and energy troubles; a territorial approach of energy, an answer to the 21. century challenges; the climate in an energy consuming world, debate and precautions; the Kyoto protocol through the geographical critics; 5 - society stakes - what energies for tomorrow's city: global design

  18. Problems of valuation and organization in energy markets

    International Nuclear Information System (INIS)

    Porchet, A.

    2008-01-01

    In the past thirty years, the electricity industry has experienced significant structural changes in its organization all over the world. Traditionally centralized and organized in monopolies, at least locally, and often publicly owned, the activities of electricity production and retail have moved towards a market-based organization. Nowadays, a significant number of countries host electricity wholesale markets where producers and retailers exchange electricity to satisfy the demand of end consumers. These markets are not strictly national and the volume of cross-border exchanges is increasing. The question of the organization of these markets is crucial with regards to the direct consequences in cases of failure (we refer for example to the California crisis or the Enron scandal in 2001). The whole set of energy markets has been transformed in a broader context of demand growth, threat of exhaustion of fossil energies, environmental awareness and political tensions for the access to natural resources. Beside an oil market under pressure, the gas and coal markets have seen their volumes increasing. The ratification of the Kyoto protocol and the enforcement of a greenhouse gases reduction policy have lead to the creation of markets for emissions permits and stimulated the use of renewable and nuclear energies and biofuels. The increasing exposure of the world economy to energy prices incited the financial markets to develop new commodity risk management products (energy, agriculturals, metals). These are price risk and also volume risk management products, in order to hedge the risk of fluctuating demand. These are also derivatives or insurance products against weather risk. This PhD dissertation keeps within this context. It is composed of four chapters that are independent of each other. The first chapter concerns the valuation of physical assets such as thermal power plants. This Real Option valuation method is based on a utility indifference analysis and

  19. Difficulties on the road to a liberalized energy market

    International Nuclear Information System (INIS)

    Koevoet, H.

    2001-01-01

    Starting January 1, 2002 about 55,000 consumers of electricity and 2,100 consumers of natural gas (small and medium-sized businesses) in the Netherlands can choose their own supplier. Some of the constraints and difficulties with respect to the liberalized energy market in the Netherlands are discussed

  20. Marketing conception interaction between power system and electric energy loads

    International Nuclear Information System (INIS)

    Bagiev, G.L.; Shneerova, G.V.; Taratin, V.A.; Barykin, E.E.; Zajtsev, O.V.

    1993-01-01

    New concept of functioning fuel-power complex, based on the marketing system is, is presented in brief form. This system includes demand management program, working policy program, active energy-saving policy program and advertisment-service organization program. Methods for realization of demand management and working policy programs are considered

  1. The role of regulation in Europe's energy markets

    International Nuclear Information System (INIS)

    Jones, Ch.

    2005-01-01

    In this paper, the author emphasizes the two main issues of the role of a regulation authority in the de-regulated European internal energy markets: regulation and competition and regulation and security of supply. He explains the manner in which the European Commission will organize the preparation of new or revised guidelines under the regulation. (J.S.)

  2. Energy Efficiency, Building Productivity and the Commercial Buildings Market

    Energy Technology Data Exchange (ETDEWEB)

    Jones, D.W.

    2002-05-16

    The energy-efficiency gap literature suggests that building buyers are often short-sighted in their failure to apply life-cycle costing principles to energy efficient building technologies, with the result that under investment in these advanced technology occurs. This study examines the reasons this behavior may occur, by analyzing the pressures that market forces place on purchasers of buildings. Our basic conclusion is that the fundamental manner in which the buildings sector does business creates pressures to reduce initial capital outlays and to hedge against a variety of risks, including the ability of building owners to capture benefits from energy efficiency. Starting from the position that building buyers' willingness to pay drives choices over building attributes, we examine basic market principles, the structure of the buildings market, including the role of lenders, and policies that promote penetration of energy efficient technologies. We conclude that greater attention to buyers, and to the incentives and constraints they face, would promote a better understanding of building investment choices and contribute to better policies to promote the penetration of these technologies into markets.

  3. Solar Power Satellites: Creating the Market for Beamed Energy Propulsion

    International Nuclear Information System (INIS)

    Coopersmith, Jonathan

    2010-01-01

    Beamed energy advocates must investigate the potential of major markets like space based solar satellites and space-based nuclear waste disposal. For BEP to succeed, its proponents must work with these possible users to generate interest and resources needed to develop BEP.

  4. An Aggregation Model for Energy Resources Management and Market Negotiations

    Directory of Open Access Journals (Sweden)

    Omid Abrishambaf

    2018-03-01

    Full Text Available Currently the use of distributed energy resources, especially renewable generation, and demand response programs are widely discussed in scientific contexts, since they are a reality in nowadays electricity markets and distribution networks. In order to benefit from these concepts, an efficient energy management system is needed to prevent energy wasting and increase profits. In this paper, an optimization based aggregation model is presented for distributed energy resources and demand response program management. This aggregation model allows different types of customers to participate in electricity market through several tariffs based demand response programs. The optimization algorithm is a mixed-integer linear problem, which focuses on minimizing operational costs of the aggregator. Moreover, the aggregation process has been done via K-Means clustering algorithm, which obtains the aggregated costs and energy of resources for remuneration. By this way, the aggregator is aware of energy available and minimum selling price in order to participate in the market with profit. A realistic low voltage distribution network has been proposed as a case study in order to test and validate the proposed methodology. This distribution network consists of 25 distributed generation units, including photovoltaic, wind and biomass generation, and 20 consumers, including residential, commercial, and industrial buildings.

  5. Market-oriented Energy Revolution in China and Impacts

    Institute of Scientific and Technical Information of China (English)

    Wang Zhen; Xue Qing

    2015-01-01

    China has been undergoing a new round ofambitious reform in its energy sectors after presidentXi's call for“energy revolution”in June 2014. Thistop-down strategy paves a way to market-oriented transition for Chinese energy govern system on both industrial level and corporation level. This paper analyzes the newtrends of China's energy policy and its impacts on crude oil market as well as on Chinese state-owned petroleum enterprises. Thisrevolutionwill reshapethe managementsystemof Chinese energyindustryto cope with rising energy demand, supply restraints, huge environmental costs and backward technologies.With the deepening reform of oil and gas pricing mechanism and the opening-up of petroleum industry, Chinese domestic energy market will be upgraded towards a more rationalized and competitive system. Mixed ownerships will be introduced to stimulate the vitality, creativity and brandinfluence of state-owned petroleum corporations, pushing Chinese national oil majors to collaboratejointly withvarious foreign oil and gas companies and the emerging domestic private companies with great entrepreneurship.

  6. Brussels' new energy package. Focus on the internal market proposals

    International Nuclear Information System (INIS)

    Graeper, F.W.J.H.N.

    2007-01-01

    January 10, 2007, the European Commission presented its proposals for an integrated climate change and energy package. The proposals set out in the 'Energy Policy for Europe' document follow the Green Paper on a European Strategy for Sustainable, Competitive and Secure Energy, a consultation document launched in March 2006 by the Commission. The ideas put forward in the Green Paper have been developed and translated into a proposal for an action plan with respect to the three main objectives of a European Energy Policy: security of supply, combating climate change and the completion of the internal market for electricity and gas. This ardcle will briefly discuss the main elements of the Energy Policy for Europe proposals. The article will then focus on some aspects of the proposals for the internal energy market. In doing so it will concentrate on matters related to the natural gas market. Special attention will be given to the proposals with respect to unbundling and improved regulation of network access and the possible trade-off between the degree of unbundling and the level of regulatory involvement

  7. Uncertainty, loss aversion, and markets for energy efficiency

    International Nuclear Information System (INIS)

    Greene, David L.

    2011-01-01

    Increasing energy efficiency is critical to mitigating greenhouse gas emissions from fossil-fuel combustion, reducing oil dependence, and achieving a sustainable global energy system. The tendency of markets to neglect apparently cost-effective energy efficiency options has been called the 'efficiency gap' or 'energy paradox.' The market for energy efficiency in new, energy-using durable goods, however, appears to have a bias that leads to undervaluation of future energy savings relative to their expected value. This paper argues that the bias is chiefly produced by the combination of substantial uncertainty about the net value of future fuel savings and the loss aversion of typical consumers. This framework relies on the theory of context-dependent preferences. The uncertainty-loss aversion bias against energy efficiency is quantifiable, making it potentially correctible by policy measures. The welfare economics of such policies remains unresolved. Data on the costs of increased fuel economy of new passenger cars, taken from a National Research Council study, illustrate how an apparently cost-effective increase in energy efficiency would be uninteresting to loss-averse consumers.

  8. African customer is Sun King. Enormous market for solar energy in the Third World

    International Nuclear Information System (INIS)

    Malsch, I.

    2001-01-01

    A brief overview is given in the enormous market for solar energy in Africa. Special attention is paid to one of the leaders in the market for solar energy: Free Energy Europe in Eindhoven, Netherlands. 3 refs

  9. Market and policy barriers to energy storage deployment :

    Energy Technology Data Exchange (ETDEWEB)

    Bhatnagar, Dhruv; Currier, Aileen B.; Hernandez, Jacquelynne; Ma, Ookie; Kirby, Brendan

    2013-09-01

    Electric energy storage technologies have recently been in the spotlight, discussed as essential grid assets that can provide services to increase the reliability and resiliency of the grid, including furthering the integration of variable renewable energy resources. Though they can provide numerous grid services, there are a number of factors that restrict their current deployment. The most significant barrier to deployment is high capital costs, though several recent deployments indicate that capital costs are decreasing and energy storage may be the preferred economic alternative in certain situations. However, a number of other market and regulatory barriers persist, limiting further deployment. These barriers can be categorized into regulatory barriers, market (economic) barriers, utility and developer business model barriers, crosscutting barriers and technology barriers. This report, through interviews with stakeholders and review of regulatory filings in four regions roughly representative of the United States, identifies the key barriers restricting further energy storage development in the country. The report also includes a discussion of possible solutions to address these barriers and a review of initiatives around the country at the federal, regional and state levels that are addressing some of these issues. Energy storage could have a key role to play in the future grid, but market and regulatory issues have to be addressed to allow storage resources open market access and compensation for the services they are capable of providing. Progress has been made in this effort, but much remains to be done and will require continued engagement from regulators, policy makers, market operators, utilities, developers and manufacturers.

  10. Natural gas prices in the Maritimes : an energy market assessment

    International Nuclear Information System (INIS)

    2004-03-01

    The National Energy Board monitors the supply and price of natural gas in the Maritimes. This report contains the results and analysis of a survey of the wholesale natural gas prices paid by Canadian buyers in the Maritimes from November 2002 to October 2003. The objective of the report is to improve the understanding of the market factors that influence wholesale natural gas prices in the Maritimes. A comparative evaluation of domestic and export prices shows that Canadian buyers have had access to gas at prices similar to the export market at St. Stephen, New Brunswick. Since the number of participants in the domestic market is low, only four large buyers have a major impact on average prices in the region. The challenge for small buyers will be to buy gas from others who can divert some of their own sales of use. However, these sellers may not want to over-commit to new firm sales in case they have to re-purchase the gas during shortages that may occur due to fluctuations in production or shipping. It was noted that a new gas supply into the region would support many buyers and sellers, and could lead to a more transparent Maritime natural gas market. The National Energy Board is satisfied that the Maritime natural gas market is currently performing as well as can be expected, given its young stage of development. 1 tab., 8 figs., 1 appendix

  11. Canadian electricity trends and issues : an energy market assessment

    International Nuclear Information System (INIS)

    2001-05-01

    This report examines the supply and demand of electricity in Canada and provides a province by province analysis of trade, regulatory developments and electricity prices. The Canadian electricity market is regionally diverse, as evidenced by the variety of fuels used for power generation and the differences in market structure, regulation and pricing. Hydro accounts for 61 per cent of Canadian electricity generation. Other sources include coal (18 per cent), nuclear (13 per cent), natural gas (4 per cent) and oil and renewables (4 per cent). Most new power generation projects in Canada are expected to be gas-fired leading to a convergence between natural gas and electricity markets. Most provincial electricity markets are being adequately supplied, even with rising power demands. Alberta restructured its electricity market over a five year period culminating in full retail access on 1 January 2001. While power supply has been relatively tight in Alberta, new generation capacity is expected to become available over the next few years. Ontario plans to implement full retail access in May 2002. Most other provinces are implementing wholesale access. Canadian residential electricity prices are among the lowest of the industrialized countries, and tend to be lowest in hydro-rich provinces. Most hydro-rich provinces have surplus energy available for domestic and international trade. Some provinces are undergoing basic changes with respect to the restructuring of their markets through the unbundling of power generation, transmission and distribution services. 53 figs

  12. 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

  13. The energy markets deregulation; L'ouverture des marches de l'energie

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    This document is devoted to the opening of the energy markets and the associated production forms. The deregulation is going to change the technology with the need of a global answer to the the energy demands of the manufacturers and the local governments. In this context, the nuclear pole in the world facing the other forms of energy is discussed. (A.L.B.)

  14. Governance of the emerging bio-energy markets

    International Nuclear Information System (INIS)

    Verdonk, M.; Dieperink, C.; Faaij, A.P.C.

    2007-01-01

    Despite its promising prospects, a growing global bio-energy market may have sustainability risks as well. Governing this market with respect to installing safeguards to ensure sustainable biomass production might reduce these risks. Therefore, proposals for governance systems for bio-energy are discussed in this article. The proposals are based on comparative case study research on the governance of comparable commodities. By assessing the governance system of global coffee trade, fair trade coffee, the global and the EU sugar market and Forest Stewardship Council (FSC) wood, strong and weak points of governance systems for commodities are discerned. FSC is selected as the best performing case study and serves as the proposal's basis. FSC's weaknesses are minimized by, among others, using the lessons learned from the other case studies. This results in a system consisting of two pillars, a bio-energy labelling organization (BLO) and a United Nations Agreement on Bio-energy (UNAB). Although consulted experts in the research process are critical about this system they do suggest several conditions a governance system for bio-energy should meet in order to be effective, such as a facilitative government, professional monitoring and using progressive certification combined with price premiums. These conditions have been taken into account in the final proposal. (author)

  15. Governance of the emerging bio-energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Verdonk, M. [Department of Water and Energy, Grontmij Nederland BV, P.O. Box 203, 3730 AE, De Bilt (Netherlands); Dieperink, C. [Department of Innovation and Environmental Studies, Copernicus Institute for Sustainable Development and Innovation, Utrecht University, P.O. Box 80.115, 3508 TC, Utrecht (Netherlands); Faaij, A.P.C. [Department of Science, Technology and Society, Copernicus Institute for Sustainable Development and Innovation, Utrecht University, P.O. Box 80.115, 3508 TC, Utrecht (Netherlands)

    2007-07-15

    Despite its promising prospects, a growing global bio-energy market may have sustainability risks as well. Governing this market with respect to installing safeguards to ensure sustainable biomass production might reduce these risks. Therefore, proposals for governance systems for bio-energy are discussed in this article. The proposals are based on comparative case study research on the governance of comparable commodities. By assessing the governance system of global coffee trade, fair trade coffee, the global and the EU sugar market and Forest Stewardship Council (FSC) wood, strong and weak points of governance systems for commodities are discerned. FSC is selected as the best performing case study and serves as the proposal's basis. FSC's weaknesses are minimized by, among others, using the lessons learned from the other case studies. This results in a system consisting of two pillars, a bio-energy labelling organization (BLO) and a United Nations Agreement on Bio-energy (UNAB). Although consulted experts in the research process are critical about this system they do suggest several conditions a governance system for bio-energy should meet in order to be effective, such as a facilitative government, professional monitoring and using progressive certification combined with price premiums. These conditions have been taken into account in the final proposal. (author)

  16. 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

  17. Liquefied natural gas : a Canadian perspective : an energy market assessment

    International Nuclear Information System (INIS)

    2009-01-01

    World requirements for energy and natural gas are expected to increase in the near future. This energy market assessment presented an overview of global liquefied natural gas (LNG) supply and demand, and discussed the potential effects that imported LNG may have on Canadian gas markets and energy infrastructure. Regasification projects will double the world's existing LNG receiving capacity by 2015. However, LNG pricing will still be indexed to the price of crude oil and oil products in the future. LNG price differences will affect trading opportunities as well as the flow of LNG between regions. North American LNG facility development will be influenced by outlooks for continental gas supply and demand. Current declines combined with recent increases in United States natural gas production from unconventional gas resources will reduce requirements for LNG in the near future, and may have a significant impact on long-term North American and global LNG requirements. Canada's existing facilities are located competitively with other terminals. 33 figs.

  18. Impact of Variable Renewable Energy in the Iberian Electricity Market

    DEFF Research Database (Denmark)

    Nuño, Edgar; Pereira, Adelino J. C.; Machado Ferreira, C. M.

    2015-01-01

    Market and system operators face new challenges as more renewable energy sources are added. The driving factors in this trend are mainly associated with environmental benefits of the renewable generation and climate change mitigation, as well as the reduction of the dependency of conventional...... and external energy source. If integrated in large scale, the nondispatchable nature of intermittent resources imposes some technical and economic challenges on the operation of power systems. Particularly, market dynamics and prices could be influenced by such integrations. Over the last years, the generation...... mix of Spain and Portugal has undergone a dramatic change, driven by new environmental policies and financial incentives. In this regard, wind has become one of the most popular alternative sources of energy, bringing new challenges from the operational and structural point of view. This trend has...

  19. Mathematical modelling of electricity market with renewable energy sources

    International Nuclear Information System (INIS)

    Marchenko, O.V.

    2007-01-01

    The paper addresses the electricity market with conventional energy sources on fossil fuel and non-conventional renewable energy sources (RESs) with stochastic operating conditions. A mathematical model of long-run (accounting for development of generation capacities) equilibrium in the market is constructed. The problem of determining optimal parameters providing the maximum social criterion of efficiency is also formulated. The calculations performed have shown that the adequate choice of price cap, environmental tax, subsidies to RESs and consumption tax make it possible to take into account external effects (environmental damage) and to create incentives for investors to construct conventional and renewable energy sources in an optimal (from the society view point) mix. (author)

  20. Special COP 21 - Stakes and actors

    International Nuclear Information System (INIS)

    Chauveau, Loic; Dupain, Julien; Descamps, Olivier; Blosseville, Thomas; Connors, Anne; Canto, Albane; Robischon, Christian; Boedec, Morgan; Tubiana, Fabian; Bomstein, Dominique

    2015-01-01

    A first set of article comments and discusses the various stakes and challenges of the 21. Conference of Parties (COP 21): the negotiation process which resulted in a synthesis which is to be signed by 95 States in Paris, the elaboration of an Agenda of solutions with the commitment of enterprises and local authorities, the issue of international financing as some promises remained not kept for the support to adaptation of developing countries. A second set of articles addresses the involved actors and their technological or economic challenges: the needed evolution of energy (electricity, heat, gas, fuel) producers away from fossil energies to reduce greenhouse gas emissions, the strategy of the French company Engie in the field of photovoltaic, wind and more generally renewable energies, innovating trends of decentralisation of energy production (offshore wind energy, hydrogen, plasma torch, flexible photovoltaic arrays, the wind tree, the floating wind turbine, new technologies for solar arrays), the perspectives for industrial sectors concerned by energy transition (with the example of Schneider Electric), emerging technologies (oil lamp, new boilers, desalination equipment, storage of wind energy, co-generation), developments and perspectives in the transport sector (example of Renault, new technologies for hybrid propulsion, bio-refineries, reduction of fuel consumption, hybrid aircraft, and heat management in railways) and in the building sector (new standards and applications, new building materials). A last article outlines the threat that climate can be for profitability and the taking of the carbon risk into account by the insurance and financial sectors