WorldWideScience

Sample records for liberalised energy market

  1. 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....

  2. Renewables in a Liberalised Energy Market

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1997-01-01

    Negotiations concerning the socalled liberalised electricity market in EU were started back in 1988.They have been lengthy and difficult due to different structures and priorities of the power sectors in different countries. Furthermore, several of the utilities have shown considerable reluctance...... to accept the proposed changes. It was not until December 1996 that an EU directive was finally passed by the Council of Ministers. This paper discusses the consequences for Danish energy policy of the new EU directive....

  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. 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

  5. Increasing nuclear power at liberalised energy markets- case Finland

    Science.gov (United States)

    Syri, S.; Kurki-Suonio, T.; Satka, V.

    2012-10-01

    Several Finnish projections for future electricity demand and the need for peak load capacity indicate a demand growth of about 2 GW from the present to the year 2030. The retirement of existing fossil fuel plants and old nuclear power plants will cause increased net import needs during 2020's, even when assuming additional energy efficiency measures and the commissioning of two new nuclear power plants recently approved by the Finnish Parliament. By the year 2030, the need for additional new capacity will be about 6 GW. The increased dependence on import is in contradiction with the official Government targets. This situation is not unique to Finland, but rather is likely to be the case in many other European countries as well. Both the energy company Fortum and energy-intensive industry in Finland see nuclear energy as a viable future generation technology. We describe the « Mankala » concept which is successfully used to build new nuclear capacity at liberalised electricity market in Finland.

  6. Increasing nuclear power at liberalised energy markets- case Finland

    Directory of Open Access Journals (Sweden)

    Satka V.

    2012-10-01

    Full Text Available Several Finnish projections for future electricity demand and the need for peak load capacity indicate a demand growth of about 2 GW from the present to the year 2030. The retirement of existing fossil fuel plants and old nuclear power plants will cause increased net import needs during 2020’s, even when assuming additional energy efficiency measures and the commissioning of two new nuclear power plants recently approved by the Finnish Parliament. By the year 2030, the need for additional new capacity will be about 6 GW. The increased dependence on import is in contradiction with the official Government targets. This situation is not unique to Finland, but rather is likely to be the case in many other European countries as well. Both the energy company Fortum and energy-intensive industry in Finland see nuclear energy as a viable future generation technology. We describe the « Mankala » concept which is successfully used to build new nuclear capacity at liberalised electricity market in Finland.

  7. Promotion of Renewable Energy in a Liberalised Energy Market

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1998-01-01

    to higher efficiency and lower consumer prices. Most EU governments have accepted the new EU directive based on these commercial arguments. Denmark has, however, been in a different situation because its energy policy is based primarily on environmental considerations. Danish energy policy involves...... 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...

  8. On the environmental impact of energy market liberalisation: Environmental policy, economic reform and endogenous technology

    NARCIS (Netherlands)

    D.P. van Soest (Daan); H.L.F. de Groot (Henri)

    2003-01-01

    textabstractIn 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 deci

  9. Liberalising energy markets: Cost management using measurement data; Energieliberalisierung: Kostenmanagement mit Messdaten

    Energy Technology Data Exchange (ETDEWEB)

    Girsberger, H. [Girsberger Informatik AG, Brunnen (Switzerland)

    2000-07-01

    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.

  10. Possibilities and Barriers for Energy Conservation in a Liberalised Electricity Market: Danish Utility Experiences

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1999-01-01

    Liberalisation of energy markets in Europe is in progress. The expressed goal is to promote efficiency through commercial competition, with lower energy prices for consumers as a consequence. This priority raises some complex questions in relation to the desire of creating a sustainable energy...... development.Commercial competition has a short time horizon and a goal function of profit maximizing. In contrast to this, creation of a sustainable development requires long time horizons and comprehensive societal planning and regulation.This paper analyses the possibilities and barriers for promoting...

  11. Possibilities and Barriers for Energy Conservation in a Liberalised Electricity Market: Danish Utility Experiences

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1999-01-01

    Liberalisation of energy markets in Europe is in progress. The expressed goal is to promote efficiency through commercial competition, with lower energy prices for consumers as a consequence. This priority raises some complex questions in relation to the desire of creating a sustainable energy...... development.Commercial competition has a short time horizon and a goal function of profit maximizing. In contrast to this, creation of a sustainable development requires long time horizons and comprehensive societal planning and regulation.This paper analyses the possibilities and barriers for promoting...

  12. Liberalisation of the energy market: a favourable supply-side shock for the UK economy

    Energy Technology Data Exchange (ETDEWEB)

    Robinson, C.

    1994-06-01

    This discussion paper outlines the situation before privatisation and liberation, before examining the extent of liberalisation, and finally the broader effects of energy privatisation and liberalisation which covers the shedding of surplus labour, the limited effects on prices, specific factors in electricity, and the extent of the shock. (UK)

  13. NHS market liberalisation and the TTIP agreement.

    Science.gov (United States)

    Regan, Paul; Ball, Elaine

    2016-07-01

    Governments over the past three decades have undermined the founding principles of the NHS through reforms and market liberalisation. With greater involvement of commercial interests in health care, the NHS will become less democratic and transparent. Recent reforms, which were intended to improve productivity, quality and cost efficiency, have left the NHS exposed to the unwieldy model of market liberalisation and the attrition of public health care. The role of community nurses has been particularly destabilised by commissioning, as their work is difficult to measure. The advent of the Transatlantic Trade and Investment Partnership could further undermine the NHS to the benefit of international commercial interests.

  14. Open Access and Market Liberalisation

    Energy Technology Data Exchange (ETDEWEB)

    Gundersen, Georg [Statoil, Stavanger (Norway)

    1999-07-01

    This presentation discusses the gas markets in Western Europe, the liberalization of the gas market, and the EU Gas Directive. Specific issues are dealt with for each of the countries Italy, UK, Netherlands, Belgium, Spain, Germany, France and Norway.

  15. Capacity choices in liberalised electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Castro-Rodriguez, Fidel [Departamento de Fundamentos de Analisis Economico and RGEA, Facultad de Economicas, Universidad de Vigo (Spain); Marin, Pedro L. [Departamento de Economia, Universidad Carlos III de Madrid (Spain); CEPR (Spain); Siotis, Georges [Departamento de Economia, Universidad Carlos III de Madrid, Spain, European Commission (Spain)

    2009-07-15

    This paper addresses the issue of investment in electricity generation in the context of a liberalised market. We use the main results derived from a theoretical model where firms invest strategically to simulate the Spanish electricity system with real-world data. Our results indicate that, under reasonable parameter constellations regarding the number of agents, the level of capacity resulting from private decisions falls well short of the social optimum. Last, we show that two regulatory mechanisms that have been used to generate additional incentives for private agents to install capacity (capacity payment and price-adder) are ineffective and/or prohibitively costly. (author)

  16. European Schemes for Promoting Renewables in Liberalised Markets

    DEFF Research Database (Denmark)

    Meyer, Niels I.

    2003-01-01

    with guaranteed minimum tariffs, tender models for different bands of technologies, and green certificates trading models with obligatory consumer quota. The paper describes the market situation in selected European countries, including Germany, the UK, Holland and Denmark.An EU directive from September 2001 has......The paper describes possibilities and problems for penetration of supply systems based on renewable energy sources in liberalised markets. The analysis is based on recent development in EU with different models for support of installations based on renewable energy. These include feed-in models...... and trading concerns. It is argued that too much emphasis is presently given to the side of free trade at the expense of long range planning for a sustainable energy development....

  17. European Schemes for Promoting Renewables in Liberalised Markets

    DEFF Research Database (Denmark)

    Meyer, Niels I.

    2003-01-01

    The paper describes possibilities and problems for penetration of supply systems based on renewable energy sources in liberalised markets. The analysis is based on recent development in EU with different models for support of installations based on renewable energy. These include feed-in models...... with guaranteed minimum tariffs, tender models for different bands of technologies, and green certificates trading models with obligatory consumer quota. The paper describes the market situation in selected European countries, including Germany, the UK, Holland and Denmark.An EU directive from September 2001 has...... and trading concerns. It is argued that too much emphasis is presently given to the side of free trade at the expense of long range planning for a sustainable energy development....

  18. Liberalising Gambling Markets : Lessons from Network Industries?

    NARCIS (Netherlands)

    van Damme, E.E.C.

    2007-01-01

    This paper, based on my concluding remarks at the “Colloquium on the Economic Aspects of Gambling Regulation: EU and US Perspectives” held at Tilburg in November 2006, discusses the question why, in Europe, some service sectors (such as network industries) are liberalised, while others (like the gam

  19. Liberalising Gambling Markets : Lessons from Network Industries?

    NARCIS (Netherlands)

    van Damme, E.E.C.

    2007-01-01

    This paper, based on my concluding remarks at the “Colloquium on the Economic Aspects of Gambling Regulation: EU and US Perspectives” held at Tilburg in November 2006, discusses the question why, in Europe, some service sectors (such as network industries) are liberalised, while others (like the

  20. Effects of Stock Market Liberalisation: Pros and Cons The Difference between Developed and Developing Countries

    OpenAIRE

    Visitkijakarn, Vanvarang

    2010-01-01

    The stock market liberalisation has its own unique effects on an economy as this concept is differentiated from capital account liberalisation and integrating stock market. Earlier study has emphasized on effect of capital account liberalisation on various developing and emerging economies but there has been a scarcity of research on stock market liberalisation and volatility of markets throughout a financial crisis. This study expands on the earlier pool of research by aiming on studying the...

  1. Regulatory institutions in liberalised electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    The reform of the electricity supply industry is gathering pace in many countries. Independent regulatory agencies and other regulatory bodies have been created, and regulatory responsibilities redefined. This book reviews the evolving institutional structures to regulate the electricity supply industry in IEA member countries. It is the latest in a series of IEA publications on energy market reform.

  2. Approaches to Czech Passenger Railway Market Liberalisation

    OpenAIRE

    Tomeš Zdeněk; Jandová Monika

    2016-01-01

    Competition on the Czech railway passenger market has been developing recently. It is possible to distinguish two types of competition – unregulated competition (competition on the market) and regulated competition (competition for the market). Competition on the market is present on the Prague–Ostrava route and competition for the market has been applied in a few public tenders for subsidised services. However, the substantial part of the Czech railway passenger market has remained closed an...

  3. Approaches to Czech Passenger Railway Market Liberalisation

    Directory of Open Access Journals (Sweden)

    Tomeš Zdeněk

    2016-02-01

    Full Text Available Competition on the Czech railway passenger market has been developing recently. It is possible to distinguish two types of competition – unregulated competition (competition on the market and regulated competition (competition for the market. Competition on the market is present on the Prague–Ostrava route and competition for the market has been applied in a few public tenders for subsidised services. However, the substantial part of the Czech railway passenger market has remained closed and there is a question how to proceed with the competition development – whether to promote competition on the market or competition for the market. Based on European and modelling experience, there is an argument for more competition for the market.

  4. Trade Liberalisation, Transboundary Pollution and Market Size

    OpenAIRE

    Forslid, Rikard; Okubo, Toshihiro; Sanctuary, Mark

    2015-01-01

    This paper uses a monopolistic competitive framework with many sectors to study the impact of trade liberalization on local and global emissions. We focus on the interplay of the pollution haven effect and the home market effect and show how a large-market advantage can counterbalance a high emission tax, implying that trade liberalization leads to lower global emissions. Generally, our results suggest that relative market size, the level of trade costs, the ease of abatement, and the degree ...

  5. Electricity Market Liberalisation and Flexibility of Conventional Generation to Balance Intermittent Renewable Energy – Is It Possible to Stay Competitive?

    Directory of Open Access Journals (Sweden)

    Linkevics O.

    2016-12-01

    Full Text Available Intermittent generation (solar PV and wind energy integration in power production portfolio as well as electricity price fluctuations have changed the running manner of conventional combined heat and power (CHP plants: the shift from base load operation to running in cyclic modes. These cogeneration power plants are not adapted to new running conditions. The level of CHP plant flexibility should be improved to operate profitably and efficiently from both technical and fuel usage point of view. There are different ways to increase the flexibility of power plants. Before any improvements, the situation at power plants should be evaluated and the weakest points defined. In this publication, such measures are presented on Riga CHP-2 plant example: installation of heat storage tank; extension of operation rang; acceleration of start-ups.

  6. Electricity Market Liberalisation and Flexibility of Conventional Generation to Balance Intermittent Renewable Energy - Is It Possible to Stay Competitive?

    Science.gov (United States)

    Linkevics, O.; Ivanova, P.; Balodis, M.

    2016-12-01

    Intermittent generation (solar PV and wind energy) integration in power production portfolio as well as electricity price fluctuations have changed the running manner of conventional combined heat and power (CHP) plants: the shift from base load operation to running in cyclic modes. These cogeneration power plants are not adapted to new running conditions. The level of CHP plant flexibility should be improved to operate profitably and efficiently from both technical and fuel usage point of view. There are different ways to increase the flexibility of power plants. Before any improvements, the situation at power plants should be evaluated and the weakest points defined. In this publication, such measures are presented on Riga CHP-2 plant example: installation of heat storage tank; extension of operation rang; acceleration of start-ups.

  7. European energy markets deregulation observatory. Winter 2002/2003 period; Observatoire europeen de la liberalisation des marches de l'energie Periode hiver 2002/2003

    Energy Technology Data Exchange (ETDEWEB)

    Anon

    2004-02-01

    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.)

  8. Liberalisation of tropical commodity market and adding-up problem: A Bound test approach

    OpenAIRE

    Dhanya, V.

    2008-01-01

    The paper examines the effect of commodity market liberalisation on developing countries by taking the case of tropical products. This issue assumes importance in the context of developing countries characterised as they are by heavy dependence on commodity exports. Theoretically, commodity market liberalisation could adversely affect the terms of trade of exporting countries, as the price and income elasticity of demand for the commodities are relatively low. The problem arises as the welfar...

  9. Shaping sustainable energy technologies and use - a system, policy or market responsibility?

    DEFF Research Database (Denmark)

    Jørgensen, Ulrik

    2002-01-01

    The article present the problem of delegating energy technology innovation to new market condition after liberalisation.......The article present the problem of delegating energy technology innovation to new market condition after liberalisation....

  10. Carbon abatement and new investment in liberalised electricity markets: a nuclear revival in the UK?

    Energy Technology Data Exchange (ETDEWEB)

    Pena-Torres, Julio; Pearson, Peter J.G. [Imperial Coll. of Science, Technology and Medicine, T.H. Huxley School of Environment, Earth Sciences and Engineering, London (United Kingdom)

    2000-02-01

    With the recent growth in concern about climate change, advocates of nuclear electricity have claimed that this technology offers an attractive option for carbon abatement in the developed world. This paper discusses whether privately owned new reactors, subject to current nuclear technology, could have market chances in the next decades in the UK liberalised electricity supply industry, when current generation capacity will start being decommissioned and UK CO{sub 2} emissions may be priced. We discuss key parametric assumptions that condition the future cost competitiveness of nuclear power vis-a-vis gas-fired generation. We explore where greater cost uncertainties lie and which key economic and political tradeoffs are involved. Our discussion is based on well-documented sources of expected costs for nuclear and gas-fired generation. On the nuclear side, we concentrate on capital and back-end costs. By considering different scenarios for future gas prices in Europe, we analyse the levels of carbon taxation that would be needed to make current gas-fired and nuclear power technologies equally dear. Considering the political acceptability of expected triggered increases in the end-user cost of energy services, our results suggest that, for the case of carbon or energy taxation, it seems unlikely that current nuclear technology could win market space within liberalised electricity industries for new reactors in the coming decades. This diagnosis is further validated by the financial and political costs associated with significant uncertainties surrounding the valuation of nuclear back-end costs. (Author)

  11. Final report of the project 'Survey of the consequences liberalization energy market for the flower bulb sector'. Annexes; Eindrapportage van het project 'Inventarisatie consequenties liberalisering energiemarkt voor de bolbloemen- en bloembollenteler'. Bijlagen

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-01-15

    The aim of this project is to demonstrate the business-economic consequences of the liberalization of the gas and electricity markets for the various types of businesses per region in the flower bulb and bulb flower sector. Based on this information, it can be concluded what will be the consequences for the sector and what will be the consequences of realizing the sector target for energy. These annexes contain an overview of the types of businesses, the questionnaire used, example calculations for a certain type of business, the set-up of the Commodity Services System, the costs per product or area unit. Moreover, a brief overview is given of the main features of a free energy market. Some recommendations are provided on how the flower bulb sector can profit from the consequences of the liberalized energy market [Dutch] De doelstelling van het project is het zichtbaar maken van de bedrijfseconomische consequenties van de liberalisering van de gas- en elektriciteitsmarkt voor de verschillende bedrijfstypen per regio in de bloembollen- en bolbloemensector. Daaruit kan geconcludeerd worden wat de gevolgen zijn voor de sector en de gevolgen van het halen van de sectordoelstelling voor energie. In deze bijlagen wordt een overzicht gegeven van de bedrijfstypen, de gebruikte vragenlijst, een voorbeeldberekeningen voor een bepaald bedrijfstype, de opbouw van het Commodity Diensten Systeem, de kosten per product of oppervlakte-eenheid. Daarnaast wordt een beknopt overzicht gegeven van de belangrijkste kenmerken van een vrije energiemarkt. Ook worden enkele praktische aanbevelingen gedaan voor de wijze waarop de bloembollensector kan inspelen op de gevolgen van de geliberaliseerde energiemarkt.

  12. Who Gains, who loses? : the impact of market liberalisation on rural households in Northwestern Kenya

    NARCIS (Netherlands)

    Mose, L.O.

    2007-01-01

    Keywords:Market liberalisation, rural households, traders,Kenya, market integration, cointegration analysis, difference-in-difference approach, farmer response.Most countries i

  13. The impact of liberalisation of the electricity market on the hard coal mining sector in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Kaminski, Jacek [Mineral and Energy Economy Research Institute of Polish Academy of Sciences, Energy and Environmental Policy Division, Wybickiego 7, 31-261 Krakow (Poland)

    2009-03-15

    The liberalisation of the electricity market changed the conditions of operation not only for the power industry, but also for related sectors. One of the particularly sensitive industries in Poland is coal mining, which is the result of coal-based structure of electricity generation. As it is more difficult, in the liberalised market, to burden consumers with all the costs, electricity producers are eager to transfer the risk of operation to the suppliers. That increases uncertainty about the future of the hard coal industry. The aim of this paper was to quantitatively estimate the impact that liberalisation of the electricity markets may have on the coal mining sector in Poland. First of all, the possible areas of that impact were identified. Then the model, which involved detailed relations in the impact areas identified, was developed and employed to evaluate the performance of the mining sector. The comparison of scenarios of a monopolistic electricity sector with a liberalised one enabled an estimation of the scale of the impact on the mining sector to be made. The results showed that liberalisation causes decreased coal consumption and decreased operating profits in coal companies. However, some savings in electricity costs are possible for coal producers. (author)

  14. The impact of liberalisation of the electricity market on the hard coal mining sector in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Jacek Kaminski [Mineral and Energy Economy Research Institute of Polish Academy of Sciences, Krakow (Poland). Energy and Environmental Policy Division

    2009-03-15

    The liberalisation of the electricity market changed the conditions of operation not only for the power industry but also for related sectors. One of the particularly sensitive industries in Poland is coal mining, which is the result of coal-based structure of electricity generation. As it is more difficult, in the liberalised market, to burden consumers with all the costs, electricity producers are eager to transfer the risk of operation to the suppliers. That increases uncertainty about the future of the hard coal industry. The aim of this paper was to quantitatively estimate the impact that liberalisation of the electricity markets may have on the coal mining sector in Poland. First of all, the possible areas of that impact were identified. Then the model, which involved detailed relations in the impact areas identified, was developed and employed to evaluate the performance of the mining sector. The comparison of scenarios of a monopolistic electricity sector with a liberalised one enabled an estimation of the scale of the impact on the mining sector to be made. The results showed that liberalisation causes decreased coal consumption and decreased operating profits in coal companies. However, some savings in electricity costs are possible for coal producers. 42 refs., 20 figs., 9 tabs., 1 app.

  15. In the wake of liberalisation: long-term developments in the EU air transport market

    NARCIS (Netherlands)

    G. Burghouwt; J.G. de Wit

    2015-01-01

    Using a 24-year analysis period (1990-2013), a new perspective is offered on long-term first- and second-order developments following liberalisation of the intra-EU air transport market. The focus of the analysis is on supply-side issues, such as airline output, structure of supply, yields, business

  16. Creating demand for foreign brands in a 'home run' market: tobacco company tactics in South Korea following market liberalisation.

    Science.gov (United States)

    Lee, Sungkyu; Lee, Kelley; Holden, Chris

    2014-05-01

    To analyse the tactics transnational tobacco companies (TTCs) used to increase market share in South Korea after market liberalisation in 1988, and the subsequent impact of TTCs' activities on the domestic industry and ultimately public health. Internal tobacco industry documents were searched iteratively and analysed by keyword related to strategies for increasing market share in Korea since liberalisation. Following market liberalisation, TTCs faced entrenched cultural and institutional barriers in Korea which hindered increased sales of cigarette imports. TTCs identified population groups more favourably inclined towards imported brands, developed new distribution channels and used promotional activities targeting these groups. The growth in market share by TTCs suggests that these activities were successful at challenging the Korea Tobacco & Ginseng Corporation (KTGC) monopoly. In response, KTGC shifted to a proactive marketing approach and adopted strategies similar to TTCs. This, in turn, made the Korean market highly competitive. Findings show that, after market liberalisation, there was an upward trend in cigarette consumption and smoking prevalence among the targeted population groups, notably youth and young women. Governments engaging in trade negotiations that may lead to the opening of domestic tobacco markets need a fuller understanding of previous industry activities for expanding into emerging markets as well as how the domestic industry can change accordingly. To protect public health, the adoption of comprehensive tobacco control measures, guided by WHO Framework Convention on Tobacco Control, are needed as part of such negotiations.

  17. Rice market integration in the Mekong river delta : the successful liberalisation of the domestic food market in Vietnam

    NARCIS (Netherlands)

    Hai, Luu Thanh Duc; Lutz, Clemens; Praagman, Cornelis

    2004-01-01

    This article analyses the spatial price differences in the rice market of the Mekong River Delta to assess the impact of the liberalisation policies on its functioning. The results of these policies carried out during the last two decades are impressive. The rice market system in the Delta is

  18. Fit for the liberalised energy market - with integrated IT solutions. Exploiting synergisms for cost improvement; Fit fuer den Energiemarkt - mit integrierten IT-Loesungen. Synergien zur Kostensenkung nutzen

    Energy Technology Data Exchange (ETDEWEB)

    Kapp, J. [Siemens Business Services, Stuttgart (Germany); Vierheilig, N. [Siemens AG, Nuernberg (Germany)

    1998-09-01

    The electric utilities are under increasing cost pressure as a result of worldwide deregulation of the energy markets. They have to find ways and means to improve their productivity. Modern information technology (IT) offers means to improve business processes and achieve synergy effects that will reduce costs. The IT solutions are no longer restricted to the traditional or specific power distribution tasks of utilities but increasingly are employed for the handling of entire business processes. This approach calls for integration of IT systems of a corporation, as today most systems installed are island systems. (orig./CB) [Deutsch] Mit der weltweiten Deregulierung in den Energiemaerkten geraten die Energieversorgungsunternehmen (EVU) zunehmend unter Kostendruck. Sie muessen ihre Produktivitaet steigern. Moderne Informationstechnik (IT) ermoeglicht es, Geschaeftsprozesse zu verbessern und Synergien zur Kostensenkung zu nutzen. Die IT-Loesungen beschraenken sich nicht mehr wie bisher auf einzelne Aufgaben im EVU, sondern unterstuetzen die Bearbeitung kompletter Geschaeftsprozesse. Dies erfordert eine Integration der heute noch meist als Inselloesungen realisierten IT-Systeme. (orig.)

  19. Liberalisation of the European Electricity Industry: Internal Market or National Champions?

    Energy Technology Data Exchange (ETDEWEB)

    Domanico, F.

    2007-07-01

    This article offers an analysis of the present competitive and regulatory framework of the European electricity sector. Considering the complexity of this industry, the focus in this work is mainly on the problem of market concentration of incumbents in the sector as a result of the liberalisation process. The new trend toward the creation of ''national champions'' as well as recent mergers between gas suppliers and electricity producers raised serious concerns about abuses of market power and risks of future collusion. Taking account of investment in interconnection as well as other international and regional experiences, the internal market issue is investigated as the solution to the''risks'' from liberalisation. (auth)

  20. Algeria embraces globalisation and liberalisation

    Energy Technology Data Exchange (ETDEWEB)

    De Saint Jacob, Y.

    2008-07-15

    Algeria's culture of state monopoly and single party rule has been set aside as the country appears to have resolutely chosen globalisation and liberalisation of its markets. The 2-page article is followed by an interview with the Algerian Minister of Energy and President of OPEC for 2008, explaining the energy policy of Algeria.

  1. Liberalization of energy markets: local policies of public-private contractual relations; Liberalisation des marches energetiques: les politiques locales de relations contractuelles public-prive

    Energy Technology Data Exchange (ETDEWEB)

    Cahn, M.; Schilken, P.

    2001-07-01

    This state-of-the-art focusses on the contractual relations between the local authorities and the private sector in the domain of energy. In the past, specialized services were supplied and internally managed by utilities and monopolies, while today the same services are ensured by private companies selected according to their efficiency and competitiveness. In France, country of centralized tradition, such practices are not really developed while they are already in UK and Germany. This study gives an overview of the advantages of these practices using some examples taken in four domains: the helps to the choice of an electricity supplier and of the quality of power, the contracts of concessions of power distribution, the supply of energy advice services by external experts, and the helps for the investment in the domain of mastery of energy demand. Nine case-forms illustrate the experience of nine European countries in these public-private energy partnerships: Basel (CH), Berlin, Hagen and Heidelberg (DE), Brent, Leicester and Waltham Forest (GB), Graz (AT) and Jablonec (CZ). (J.S.)

  2. European gas market liberalisation: are regulatory regimes moving towards convergence?

    NARCIS (Netherlands)

    Haase, N.

    2008-01-01

    This study has assessed the evolution of regulatory regimes in European gas markets on the basis of panel data from the old member states (EU15) for the period between 2000 and 2005. The methodology used enabled us to assess whether regulatory regimes are converging. In this context, an index has

  3. IT in a liberalised energy economy; IT in der liberalisierten Energiewirtschaft. Vom Datenaustausch zur multilateralen Marktkommunikation

    Energy Technology Data Exchange (ETDEWEB)

    Warnat, H. [Global und Partner, Cham (Switzerland); Urbani, C. [AEW Energie AG, Aarau (Switzerland)

    2007-07-01

    This article takes a look at the large amount of information technology that will have to be installed in connection with the liberalisation of the electricity supply industry in Switzerland. An automatic and standardised flow of data between those instances involved is, according to the authors, a prerequisite for effective competition in the power market. Load profiles will augment monthly or half-yearly metering and provide a basis for new products. Other topics discussed include on-line portals for customers and cheaper tariffs for consumption that is planned in advance. Electricity liberalisation in Switzerland is reviewed and the increase in the amount of data necessary is discussed. Comparisons are made with other European countries and the tasks that the various market players will have to perform are looked at. These are summarised in a diagram. Possible future structures with decentralised production, more differentiated price structures and additional services are discussed.

  4. Regulation of distribution grid prices at the beginning of market liberalisation - Experience in Norway and Sweden; Regulierung der Verteilnetzpreise zu Beginn der Marktoeffnung. Erfahrung in Norwegen und Schweden

    Energy Technology Data Exchange (ETDEWEB)

    Filippini, M.; Wind, J.; Luchsinger, C.

    2001-07-01

    This report for the Swiss Federal Office of Energy (SFOE) reviews the experience gained in the deregulation of electricity distribution grids in Norway and Sweden and compares it with the possible options for Switzerland. The report looks at the requirements placed on the future Swiss regulation of electricity distribution grids and the various regulation models such as Rate-of-Return, Price-Cap, Revenue-Cap and Benchmarking that could be used in the short and long term. The choice of Sweden and Norway from the list of countries with liberalised electricity markets is discussed. The results of the study of the two countries are discussed individually, including the structure of the sector, the various stages of deregulation, the main characteristics encountered at the start of deregulation, regulation of grid prices at the beginning of liberalisation and experience gained in each case. The report is supplemented by a comprehensive list of the sources used.

  5. Liberalisation Reform, 'Neo-centralism', and Black Market: The Political Diseconomy of Lake Nasser Fishery Development

    Directory of Open Access Journals (Sweden)

    Christophe Béné

    2008-10-01

    Full Text Available Despite its relatively modest importance, and the current difficulties faced by the government in implementing liberalisation in the rest of the country, the Egyptian governement decided to embark on a reform of the Lake Nasser fishery in the early 2000s. The objective of this article is to analyse the evolution of this reform from a political economy perspective. The paper looks retrospectively at the general context of the reform, describes the different institutional and economic changes that have resulted from its realisation, identifies how the distribution of power between the different actors has altered the course of its implementation, and finally assesses the outcomes of the reform. The analysis shows that, while some major institutional changes have taken place, those changes have had little to do with a 'liberalisation' as conventionally understood in neo-classical literature. Instead, the new status quo turns out to be one where the central government and its different parastatal agencies have managed to maintain their existing advantages. The failure to reform more thoroughly the system also led fishers and fish traders to engage in a large-scale black market activity in which a substantial amount of fish is smuggled through unofficial trade channels.

  6. Meels: municipalities and energy efficiency in a liberalized system. Guidelines for municipalities: adapting to new roles in a liberalized market; Meels: les municipalites et l'efficacite energetique dans un systeme liberalise. Recommandations detinees aux municipalites: comment peuvent-elles s'adapter a leurs nouveaux roles dans un marche liberalise?

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-07-01

    Even if the liberalization of energy markets seems to make it more difficult, it also creates opportunities for the committed local authority. Local authorities fulfill their functions in the energy sphere via a number of roles: as a consumer of energy, as a producer of energy, as a distributor of energy, as a trader of energy, as a regulator, planner and policy maker regarding energy using activities, as an awareness tool of the issues relating to energy use and as a provider of incentives to improve energy performance. There are impacts of liberalization on each of these roles. In most, liberalization has not actually changed what they do, only the degree of attention that should be given to it. Only in those areas where trading is involved are new skills necessary, for instance in purchasing energy, in transporting one own energy and in trading energy. In this framework, the following topics are successively analyzed: Improving performance as an energy consumer, improving performance as an energy producer, improving performance as an energy trader, improving performance as an energy distributor, improving performance in delivering sustainable, energy policies at local level and improving performance as a facilitator and awareness programs. (A.L.B.)

  7. LIBERALISATION OF THE ELECTRICITY SECTOR IN THE EUROPEAN UNION: PRESENT STATE AND SOME OPEN QUESTIONS

    Energy Technology Data Exchange (ETDEWEB)

    Nunez, A.

    2007-07-01

    The liberalisation of the electricity sector started approximately 10 to 15 years ago, depending on the country. Nonetheless, there is still no general agreement on the liberalisation model this sector should follow, mainly because of the discussion of whether the liberalisation is an end in itself, or a means for -basically- lower energy prices. The complexity of the sector and the resilience of the incumbents' market power have currently placed the liberalisation process at a crossroad. In the EU, entrenched national interests are another obstacle to deal with. In this article, we first give an overview of the different liberalisation processes in the electricity sector and then summarize the pending challenges from an EU perspective. Next, we argue that the EU should focus on conditions aiming at implementing an effective liberalisation process, rather than on a formal liberalisation approach. We show how asymmetries between non-sector regulations in the European states and among companies create an uneven playing field, contrary to the European vision of an internal competitive energy market. We end the article studying the compatibility of the current European regulatory framework with the upcoming challenges in the energy sector. (auth)

  8. The Effects of Liberalisation of the Passenger Railway Market on the Situation of Regional Rail Connections in Poland, Czech Republic, Slovakia and Austria

    Directory of Open Access Journals (Sweden)

    Taczanowski Jakub

    2015-09-01

    Full Text Available Liberalisation of railway market can be an important instrument for increasing the attractiveness of local rail services and consequently for making the railways more competitive with other means of transport, which could result in changing the modal share in the favour of railways. The differences in the railway liberalisation level as well as in the policies towards rail transport between Central and Eastern European countries are vast, hence the present situation and the future prospects of regional services are diverse. Whereas there is only one railway line in Slovakia which is not operated by the state railway company ZSSK, a few private local connections which complement a very dense network of ČD state railways are in service in the Czech Republic. Poland, by contrast, is a country where liberalisation of railway market is most advanced as several different companies are responsible for transport in the regions. However, the results of this large scale liberalisation are ambiguous as the positive effects (reopening of some lines are balanced by isolation of the new regional government-owned systems from each other. In Austria, by contrast, the existence of several private and regional government-owned local railways which are an indispensable part of the regional transport networks has contributed to maintain an effective transport system. Although the effects of liberalisation on the local railway networks can often be ambiguous, several cases from the Czech Republic, Austria and Poland show that privatisation and municipalisation may have a positive effect on the railway service as it has enabled to maintain the service on many sections which were at risk of closure. However, the most important condition of the effective transport development seems to be an active cooperation between the railway operators and the local governments as an expression of appropriate transport policy.

  9. Market Imperfections on the power markets in northern Europe

    DEFF Research Database (Denmark)

    Skytte, Klaus

    1999-01-01

    . These imperfections can be technical, economic or tradition-bound, and can also have political characteristics. It is important to recognise and incorporate the market imperfections in the liberalisation policy and analysis. Otherwise, the purposes of the liberalisation and other energy policy goals may......Up till now, most analyses of the northern European electricity liberalisation have assumed that a perfect competitive electricity market can be obtained. It has not been taken into account that a number of imperfections will inevitably occur - at least during the transition period...... not be achieved. The aim of this paper is to survey market imperfections and their influence on the liberalisation processes in northern Europe...

  10. The liberalization of electricity markets; La liberalisation des marches de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    Lepage, H. [Institut Euro 92, Paris (France); Boucher, M. [Ecole Nationale d' Administration Publique, Montreal, PQ (Canada)

    2001-07-01

    Since the end of the 1980s, the electric industry is changing. Privatization, vertical disintegrations, deregulation, restructuring, market openness are models which cause the world to question the regulated model inspired from natural monopolistic theories that are emerging in many parts of the industrialized world. Why are we witnessing these changes? What makes competitiveness possible in an industry where it was always assumed that market forces could not be relied upon? How do these markets function? On what basis and with what rules? What lessons can be learned from the experiments now taking place? This document updates this complex economic process, which proved irreversible, despite badly thought out deregulation in California and other locales. The authors explain the changes that have taken place in the electricity industry in the United States since the First World War and compares experiences with deregulation in Canada, Europe and Australia. The public monopoly being exercised by Hydro-Quebec in Quebec is examined in detail and avenues for changes in the context of liberalization of electricity markets in North America are discussed. refs., figs.

  11. Basic Principles of Electrical Network Reliability Optimization in Liberalised Electricity Market

    Science.gov (United States)

    Oleinikova, I.; Krishans, Z.; Mutule, A.

    2008-01-01

    The authors propose to select long-term solutions to the reliability problems of electrical networks in the stage of development planning. The guide lines or basic principles of such optimization are: 1) its dynamical nature; 2) development sustainability; 3) integrated solution of the problems of network development and electricity supply reliability; 4) consideration of information uncertainty; 5) concurrent consideration of the network and generation development problems; 6) application of specialized information technologies; 7) definition of requirements for independent electricity producers. In the article, the major aspects of liberalized electricity market, its functions and tasks are reviewed, with emphasis placed on the optimization of electrical network development as a significant component of sustainable management of power systems.

  12. 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.

  13. Sustained energy supply under globalisation and liberalisation conditions; Nachhaltige Energieversorgung unter den Bedingungen der Globalisierung und Liberalisierung

    Energy Technology Data Exchange (ETDEWEB)

    Hempelmann, Rolf [Enquete-Kommission des Deutschen Bundestags, Berlin (Germany)

    2002-06-06

    The major challenge at the threshold of this century is to structure the energy supply in the sense of sustained development. The Committee of Enquiry of the Federal German Parliament 'Sustained energy supply under globalisation and liberalisation conditions' is developing medium to long-term concepts in this respect. Analysis of the boundary conditions of future energy policy shows that the consequences of future enrichment of climatic gases in the atmosphere and no longer the availability and productiveness of the energy deposits could become the limiting factor. Following the analysis of the technological and non-technological future potentials for sustained energy supply the Committee of Enquiry is currently working on the formulation of strategies for the energy industry transformation process. (orig.) [German] An der Schwelle dieses Jahrhunderts stellt sich die grosse Herausforderung, die Energieversorgung im Sinne einer nachhaltigen Entwicklung zu strukturieren. Die Enquete-Kommission des Deutschen Bundestags 'Nachhaltige Energieversorgung unter den Bedingungen der Globalisierung und Liberalisierung' entwickelt hierzu mittel- bis laengerfristige Konzepte. Die Analyse der Rahmenbedingungen kuenftiger Energiepolitik zeigt, dass die Folgen einer weiteren Anreicherung von Klimagasen in der Atmosphaere und nicht mehr die Verfuegbarkeit und Ergiebigkeit der Energielagerstaetten zum limitierenden Faktor werden koennten. Nach der Analyse der technologischen und nicht-technologischen Zukunftspotentiale fuer eine nachhaltige Energieversorgung arbeitet die Enquete-Kommission derzeit an der Formulierung von Strategien fuer den energiewirtschaftlichen Transformationsprozess. Vortrag gehalten auf der GVSt-Konferenz 'Kohle - Energie fuer die Zukunft' anlaesslich der E-World of Energy am 14. Februar 2002. (orig.)

  14. Wind power and a liberalised North European electricity exchange

    Energy Technology Data Exchange (ETDEWEB)

    Nielsen, L.H.; Morthorst, P.E.; Skytte, K. [and others

    1999-03-01

    Conditions for wind power on a liberalised North European electrical power market are addressed in the paper. Results are presented from a recently completed study carried out by Risoe National Laboratory in collaboration with the Danish electric utilities Eltra, Elsam and Elkraft. A main result from the study is, that the market will be able to provide the necessary power regulation, that will be required year 2005 as consequence of the expected wind power capacity extension, according to the Danish energy plan, Energy21. The averege sales price on the market for the wind-generated electricity is less than the average spot market price, due to provision of power regulation to balance the unpredictability of the wind power. This reduction in the market value of wind power has been calculated to 10-20 DKK/MWh of 1.3-2.7 EUR/MWh. (au)

  15. Trade liberalisation, resource sustainability and welfare

    DEFF Research Database (Denmark)

    Nielsen, Max

    2006-01-01

    Recent research has warned that liberalising trade in capture fish products originating from inefficiently managed fisheries might cause over-exploitation, reduced fish stocks and thereby a reduced steady-state of welfare. This paper qualifies the warning in a case study of the East Baltic cod...... market by developing an age-structured bio-economic supply model combined with basic theory of trade between two countries. Welfare effects of trade liberalisation are identified taking fishing quotas, input limitations, mesh-size regulations and shared ownership of stocks into account. It is shown...

  16. Power plant investment cycles in liberalised markets. A model of the German electricity generation market; Zyklen bei Kraftwerksinvestitionen in liberalisierten Maerkten. Ein Modell des deutschen Stromerzeugungsmarktes

    Energy Technology Data Exchange (ETDEWEB)

    Gaidosch, Lars

    2008-07-01

    In the course of the next ten to fifteen years almost half of Germany's installed power plant capacity will need to be replaced by the construction of new facilities. The power plant investments required for this will be made in an environment marked by liberalisation and competition. This is the context of the present article, which analyses the causes behind the cyclical behaviour of power plant investment and identifies factors that influence it. Cycles in this connection are defined as recurring oscillations in power plant capacity and electricity prices. The authors also propose measures that could dampen the cyclical course of power plant investment over time. One of the major outcomes of the present model calculations is that the power production market, similarly to other capital-intensive branches of industry, is expected to experience strong price fluctuations in the future as well. As it has been framed up to now, the German electricity wholesale market will not be able to prevent the occurrence investment cycles in power plant construction. One way to counteract investment cycles would be to greatly expand the time horizon of the liquid spot market through greater activity on the part of trading firms. [German] In den naechsten 10 bis 15 Jahren sind in Deutschland und Europa sowie weltweit knapp die Haelfte der installierten Kraftwerksleistung zu ersetzen bzw. neu zu errichten. Die hierfuer erforderlichen Kraftwerksinvestitionen finden heute unter den veraenderten Rahmenbedingungen der Liberalisierung und des Wettbewerbs statt. In diesem Zusammenhang werden Ursachen von Zyklen bei Kraftwerksinvestitionen analysiert und deren Einflussfaktoren aufgezeigt. Zyklen werden als wiederkehrende Schwankungen der Kraftwerkskapazitaeten und Strompreise definiert. Zusaetzlich werden Massnahmen vorgeschlagen, die eine Zyklenbildung bei Kraftwerksinvestitionen abschwaechen koennen. Zunaechst erfolgt eine Untersuchung unter welchen Bedingungen

  17. Can the European Union’s Market Liberalism Ensure Energy Security in a Time of ‘Economic Nationalism’?

    Directory of Open Access Journals (Sweden)

    Francis McGowan

    2008-07-01

    Full Text Available The EU’s higher profile in energy policy matters is arguably due to the increased importance of market liberalisation as a policy objective over the last twenty years. Given the EU’s own competences in the internal market and competition policy, the European Commission has accordingly been able to play a more active role in energy policy-making. Moreover it has been active in extending this approach to its energy relations with its neighbours as manifest in the Energy Charter Treaty, the European Energy Community Treaty and bilateral agreements with third countries. The European Commission has been keen to assert the centrality of market liberalisation to its future energy policy and energy diplomacy, notwithstanding the changes that have taken place in energy markets. Given that there appears to be an increased interest in ‘national champions’ amongst both energy exporting countries and at least some EU member states, how far can the EU sustain a strategy of market liberalisation? The article will place current policy dilemmas (and the EU’s role in the context of a shifting energy policy agenda – essentially from a supply security ‘economic nationalism’ to market liberalism and back again. It then considers how EU policy is adapting to these circumstances and assesses the effectiveness of this response.

  18. 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.

  19. Tariff liberalisation, price transmission and rural welfare in China

    DEFF Research Database (Denmark)

    Zhu, Jing; Yu, Wusheng; Wang, Junying

    2016-01-01

    China's tariff liberalisation as part of its WTO accession application and eventual agreement has been thoroughly analysed in the literature. However, much of this literature is based on forward-looking ex-ante analyses and few studies provide empirical evidence on its actual impact. We fill...... in this gap by evaluating empirically the welfare effects of China's actual tariff liberalisation on Chinese farmers during the 1997–2010 period. By estimating the domestic market price effects of China's tariff liberalisation and the associated wage earning effects, we find that on average Chinese farmers...... of these positive average welfare effects. Moreover, welfare gains from tariff liberalisation are shown to be distributed unevenly across Chinese provinces and income levels, with farmers located in coastal provinces and at higher income levels gaining more than their counterparts in remote provinces and at lower...

  20. 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.

  1. Delegating responsibility for environmental transition - are innovations in renewable energy a system, policy or market responsibility?

    DEFF Research Database (Denmark)

    Jørgensen, Ulrik

    2003-01-01

    The European liberalisation of the energy sector has left open questions about the responsibility for future innovations in renewable energy.......The European liberalisation of the energy sector has left open questions about the responsibility for future innovations in renewable energy....

  2. Liberalisation of the Venezuelan power sector: what is stalling it?

    Energy Technology Data Exchange (ETDEWEB)

    Nicolas, P. Ventura [Av. Sanz, calle Convento II, edif. E, apto. 8D, El Marques Caracas (Venezuela)

    2005-07-01

    For the past eight years, Venezuelan power sector has been attempting to be liberalised. The first step was made in 1996 through the 'Decree 1558'. The second step in 1999 was legally stronger and better received by players of the different sectors; however, it did not show any sign of progress after five years. At the same time, the need for investments is increasing and the expectation of demand's growth is also rising. Hence, the intention of this research paper is to identify the factors that are constraining the liberalisation in the Venezuelan power sector. This paper concludes that the lack of consensus of the government about the nature of the reform, the popular fear of losses, the lack of regulation and the lack of autonomy in its formal structure, and the nonliberalisation of the gas market are just some of the most significant reasons that are constraining the liberalisation in the Venezuelan power sector. (Author)

  3. Wind Energy Markets, 2. edition

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-11-15

    The report provides an overview of the global market for wind energy, including a concise look at wind energy development in key markets including installations, government incentives, and market trends. Topics covered include: an overview of wind energy including the history of wind energy production and the current market for wind energy; key business drivers of the wind energy market; barriers to the growth of wind energy; key wind energy trends and recent developments; the economics of wind energy, including cost, revenue, and government subsidy components; regional and national analyses of major wind energy markets; and, profiles of key wind turbine manufacturers.

  4. Energy management in the patrimonial buildings of European territorial organizations in the framework of markets liberalization. Economic study of financial incentive mechanisms in favor of energy efficiency investment; Gestion de l'energie au sein du patrimoine bati des collectivites territoriales europeennes dans le cadre de la liberalisation des marches. Etude economique des mecanismes financiers favorisant l'investissement dans l'efficacite energetique

    Energy Technology Data Exchange (ETDEWEB)

    Gayral, L

    2005-12-15

    The territorial and patrimonial components of energy savings are not well developed because many barriers - political, organisational and financial - prevent investments in energy efficiency. Although investing in the improvement of the energy efficiency of their public buildings is a rational process, the local authorities are far from systematically carrying out this type of investment. Their limited investment capacity, associated to the lack of spare capital to finance their projects leads them to a 'vicious circle of energy wasting'. Our thesis analyzes the economic and financial tools a local authority can use to invest and enter a 'virtuous circle of energy efficiency'. Our topic deals with the financing of energy efficiency investments at a local level. We describe with details the functioning of each financial mechanism indexed. We illustrate their implementation within European municipalities through many case studies. Finally, we suggest recommendations for their broad reproducibility within French local authorities. (author)

  5. A comparison of Maize Production in Kenya before and during Liberalisation Period

    Directory of Open Access Journals (Sweden)

    Mbithi, LM.

    2000-01-01

    Full Text Available Maize is the main food crop grown in Kenya. It is planted on 90 % of ail Kenyan farms and together with ifs commonly intercropped crop, beans, occupies over 22 % of all farmed land. In addition to being the staple food, maize production is also a source of capital and employment to a majority of the rural people. Total maize production, yield, area planted and average an-nual rainfall before and after market liberalisation is compared. Statistical analysis showed that both yield and total maize production increased significantly after the input and output market liberalisation while area planted with maize and average annual rainfall did not change significantly. Both yield and total production of maize show less variability in the liberalised period than before. These observations led to the conclusion that input and output market liberalisation policies could have led to increased yields and therefore increased total production of maize in general in Kenya.

  6. Trade Liberalisation and Vertical Integration

    DEFF Research Database (Denmark)

    Bache, Peter Arendorf; Laugesen, Anders Rosenstand

    We build a three-country model of international trade in final goods and intermediate inputs and study the relation between four different types of trade liberalisation and vertical integration. Firms are heterogeneous with respect to both productivity and factor (headquarter) intensity. Final-go...

  7. The Third EU Energy Market Package. Are We Singing the Right Song?

    Energy Technology Data Exchange (ETDEWEB)

    De Jong, Jacques [Clingendael International Energy Programme CIEP, Den Haag (Netherlands)

    2008-02-15

    The liberalisation of EU energy markets has been a key objective of EU policy makers for many years. Proposals issuing from Brussels have met with both applause and resistance from many business and political circles. Ever since the project of a 'single European market for gas and electricity' began in the early 1990s, the debate has been alternatingly dominated by rational and emotional arguments, resulting in more or less effective compromises. In this new CIEP Briefing Paper the author takes a thorough look at energy policy in the European Union. He author offers a detailed and thoughtful expose of the current discussions on European electricity and gas markets, and offers key suggestions for fruitful discussions on how to secure competitive EU markets with a reliable external security of (gas) supply.

  8. The role of the ''Neutral Service Provider'' in the liberalised gas market; Die Rolle des ''Neutral Service Provider'' im liberalisierten Erdgasmarkt

    Energy Technology Data Exchange (ETDEWEB)

    Peper, F.; Greverath, I. [Viavera GmbH Dortmund (Germany)

    2002-07-01

    The ongoing liberalisation of European gas markets forces network operators as well as retail companies to implement new processes. This article focuses on the challenges for network operators. In this context the potential for 'Neutral Service Providers (NSP)' is discussed. Based on sample TPA processes the interaction between the NSP and the network operator is explored. The authors conclude that for many market participants the outsourcing of TPA processes to a specialized service provider has the potential to deliver significant benefits. (orig.) [German] Die fortschreitende Liberalisierung der europaeischen Erdgasmaerkte stellt die Netz- sowie die Vertriebsgesellschaften vor staendig wachsende Anforderungen. Dabei wird in diesem Artikel der Schwerpunkt auf die Komplexitaet der Aufgaben insbesondere fuer Netzbetreiber gelegt. In diesem Zusammenhang werden die hieraus resultierenden Marktchancen fuer neue Dienstleistungsunternehmen, die sogenannten 'Neutral Service Provider' (NSP) eroertert. Anhand eines Prozessbeispiels wird die Interaktion zwischen NSP und den von ihm betreuten Netzbetreibern diskutiert. Die Autoren kommen zu dem Schluss, dass fuer viele Marktteilnehmer die Auslagerung bestimmter Unternehmensaktivitaeten im Zusammenhang mit der Bewaeltigung des Netzzugangs Dritter an einen spezialisierten Dienstleister mit erheblichen Vorteilen verbunden ist. (orig.)

  9. Trade Liberalisation and Economic Growth in Macedonia

    Directory of Open Access Journals (Sweden)

    Mano-Bakalinov Viktorija

    2016-12-01

    Full Text Available The objective of this paper is to explore the effects of trade on Macedonian economic growth. The autoregressive distributed lag (ARDL model is applied on yearly data over the period of 1993-2014. Empirical investigation reveals that an increase of population and openness demonstrate a positive and significant effect on Macedonian economic growth. Given other diverging findings, this suggests that the relationship between trade reforms and growth through the productivity function may vary across transition economies. Nevertheless, the findings of this paper indicate that policies focusing on market liberalisation and opening the economy to trade have a positive effect on Macedonian economic growth, both in the short run and the long run.

  10. Forecasting and decision-making in electricity markets with focus on wind energy

    DEFF Research Database (Denmark)

    Jónsson, Tryggvi

    This thesis deals with analysis, forecasting and decision making in liberalised electricity markets. Particular focus is on wind power, its interaction with the market and the daily decision making of wind power generators. Among recently emerged renewable energy generation technologies, wind power...... has become the global leader in terms of installed capacity and advancement. This makes wind power an ideal candidate to analyse the impact of growing renewable energy generation capacity on the electricity markets. Furthermore, its present status of a significant supplier of electricity makes...... derivation of practically applicable tools for decision making highly relevant. The main characteristics of wind power differ fundamentally from those of conventional thermal power. Its effective generation capacity varies over time and is directly dependent on the weather. This dependency makes future...

  11. The European gaseous market deregulation and its consequences for Russia; La liberalisation du marche gazier europeen et ses consequences pour la Russie

    Energy Technology Data Exchange (ETDEWEB)

    Finon, D.; Locatelli, C

    2002-07-01

    Russia, the first world producer of gas in 2001 is also the main producer in the european gas market. In this framework the evolution of its gas exportations market is a major stake for the russian gas industry and for the country economy. The consequences of this gas market deregulation are analyzed in this document. (A.L.B.)

  12. Competition ambiguities. Electricite de France and the electricity market liberalization; Les ambiguites de la concurrence. Electricite de France et la liberalisation du marche de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    Boiteux, M. [Electricite de France (EDF), 75 - Paris (France)

    2007-04-15

    The European Union decided to open the electricity market to the competition and the last step will be in July 2007. Meanwhile the first part, the opening to big consumers, is a deception. The market saw an increase of the electricity prices. The author explains the effects of the liberalization, presenting the inevitable limits of the competition, the disappointing evaluation, the historical aspects of the electric market facing the today situation. (A.L.B.)

  13. 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.

  14. Trade Liberalisation and Vertical Integration

    DEFF Research Database (Denmark)

    Bache, Peter Arendorf; Laugesen, Anders

    -good producers face decisions on exporting, vertical integration of intermediate-input production, and whether the intermediate-input production should be offshored to a low-wage country. We find that the fractions of final-good producers that pursue either vertical integration, offshoring, or exporting are all...... increasing when intermediate-input or final-goods trade is liberalised and when the fixed cost of vertical integration is reduced. At the same time, one observes firms that shift away from either vertical integration, offshoring, or exporting. Further, we provide guidance for testing the open...

  15. Portfolio Diversification in Energy Markets

    OpenAIRE

    Galvani, Valentina; Plourde, Andre

    2009-01-01

    This papers 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 ...

  16. 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.

  17. Exploring the future of European crop production in a liberalised market, with specific consideration of climate change and the regional competitiveness

    NARCIS (Netherlands)

    Hermans, C.M.L.; Geijzendorffer, I.R.; Ewert, F.; Metzger, M.J.; Vereijken, P.H.; Woltjer, G.B.; Verhagen, A.

    2010-01-01

    Long-term future development of European agriculture within the global market is highly uncertain, but can potentially have large impacts on the future of agricultural businesses, rural communities and amenities such as traditional landscapes and biodiversity. Despite great uncertainties it is of in

  18. Energy and the Environment

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1996-01-01

    Denmark was one of the first countries in the world to commit itself to reduction targets for CO2 emission. Official Danish energy plans are reviewed in the light of the actual energy development. The EU Commission has been promoting a liberalisation of the electricity market for some years. At a...

  19. Liberalisation of municipal waste handling

    DEFF Research Database (Denmark)

    Busck, Ole Gunni

    2006-01-01

    of price reductions in stead of quality demands in both environmental and working environmental terms. A recent study showed major deficits in the capacities of the municipalities to administer qualitative requirements in the tender process and to manage the contracts as an integral part of a scheme...... for improved performance of municipal waste management. The study stresses the need for training and guidance of municipal administrators. Highlighting ‘best practice’ examples the study shows, however, that it is perfectly possible to end up with quality service on contract. It takes a mixture of careful......Liberalisation of municipal waste handling: How are sustainable practices pursued? In the process of liberalization of public services in Europe contracting out the collection of municipal waste has surged. Research in Denmark has shown that municipalities in general have pursued a narrow policy...

  20. Trade liberalisation in Mexico: rhetoric and reality

    Directory of Open Access Journals (Sweden)

    Pennelope Pacheco-Lopez

    2004-06-01

    Full Text Available Trade liberalisation in Mexico started in a significant way in 1985/86, and was consolidated by the NAFTA agreement 1994. Mexico was expected to benefit in terms of increased export growth, employment, real wages, and above all, a faster rate of economic growth. In practice, there has been a divorce between rhetoric and reality. The growth of GDP post-liberalisation has been only one-half that pre-liberalisation. This paper gives three explanations. Firstly, export growth has hardly changed. Secondly, there has been a sharp increase in the propensity to import (partly related to US direct foreign investment which has reduced the growth of GDP consistent with a sustainable balance of payments equilibrium on current account. Thirdly, liberalisation has been used as a substitute for a development strategy.

  1. Correlation in Energy Markets

    DEFF Research Database (Denmark)

    Lange, Nina

    In this paper, I study the relationship between volatility of crude oil prices and volatility of the EURUSD rate. If there is a common factor in the volatility of crude oil and the volatility of exchange rates, possible explanations could be that the financial crisis caused a volatility spillover...... a period from 2000 to 2012. This data allows me to analyse the marketperceived volatility rather than investigating volatilities in the form of realised returns. A model-free analysis supports the presence of a joint factor in the volatilities since mid-2007. As the two markets are asynchronous in futures...... and options maturity date, a term structure models allow for a description of the observed volatility surfaces by one or more stochastic volatility processes. A term structure model including one joint volatility factor and two market-specific volatility factors is proposed to capture the joint factor...

  2. Governance variety in the energy service contracting market

    Energy Technology Data Exchange (ETDEWEB)

    Ostertag, Katrin; Huelsmann, Friederike

    2008-07-01

    There is a surprisingly high variety of actors involved in the supply of energy service contracting arrangements. Based on an empirical record of approximately 2,500 contracting projects in the domain of space heating in Germany, the paper analyses specialisation patterns of contractors. An econometric model is used to test hypotheses derived from transaction cost economics, which contractor type should be expected for which kind of contracting project. According to our results, if physical, site and human asset specificity are high, governance modes are preferred, for which contracting represents a downward integration of business activities along the value-added chain. This includes the supply of contracting by municipal utilities. More specifically, municipal utilities occur as superior suppliers of contracting if combined heat and power is implemented, if the building served is connected to their gas grid and if it is a public building. This pattern could orient the development of contracting activities for utilities reconsidering their strategic position following the liberalisation of the electricity market. (orig.)

  3. Financial liberalisation and inflationary dynamics in the context of a small open economy

    Directory of Open Access Journals (Sweden)

    R Gupta

    2014-07-01

    Full Text Available This paper develops a short-term model of a small open financially repressed economy characterised by unorganised money markets, intermediate goods imports, capital mobility and flexible exchange rates. The analysis shows that financial liberalisation, in the form of increased rate of interest on deposits and tight monetary policy, causes deflation for an economy with a high degree of capital mobility. However, for economies with a low degree of capital mobility, the possibility of stagflation cannot be ruled out. These results suggest that financial liberalisation in the form of lower reserve requirements should be recommended for economies with restricted transactions in the capital account.

  4. Opening the gas market - Effects on energy consumption, energy prices and the environment and compensation measures; Marktoeffnung im Gasbereich

    Energy Technology Data Exchange (ETDEWEB)

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

    2001-07-01

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

  5. Factors affecting robust retail energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Michelman, T.S.

    1999-04-01

    This paper briefly defines an active retail market, details the factors that influence market activity and their relative importance, compares activity in various retail energy markets to date, and predicts future retail energy market activity. Three primary factors translate into high market activity: supplier margins, translated into potential savings for actively shopping customers; market size; and market barriers. The author surveys activity nationwide and predicts hot spots for the coming year.

  6. The effect of trade liberalisation on Syrian agriculture

    Directory of Open Access Journals (Sweden)

    Basel Abbas

    2010-01-01

    Full Text Available Syrian agricultural policy should be characterized by a high level of government intervention, including fixed prices, government monopoly in strategic crop marketing, government distribution of industrial fertilizers, significant barriers on food and agricultural commodities import and so on. Although there were certain changes and liberalization in this area during several last years, the Syrian agriculture remains as the most regulated sector of national economy in Near east and northern Africa.On the other hand, we may state the fact that Syrian governmental agriculture policy was successful considering so called strategic crops most of all in achieving self-sufficiency in wheat production, also an essential increase of cotton production volume which represents most important export crop of this near east country, took a part. Besides this progress there was restriction of disparity development in countryside and municipal household’s incomes, which is partial reason for slowing down of Syrian countryside poverty. These positive outcomes were reached at the expense of increasing go­vern­men­tal expenses and worsening of resources efficiency usage both in agriculture production and energy sectors. Considering forecasted spend of oil sources, the Syrian government will be ne­ce­s­sa­ri­ly forced to search for alternative resources of economic growth and government budget incomes in near future.The last five year country plan presumes consequental delimitation of grants and implication of value added tax. There is to be a quite large liberalisation in agriculture sector, which should lead to consequential down of wheat production, sugar beet and cotton and increase of barley, lentil and chickpea production.

  7. 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.

  8. 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

  9. Regions in Energy Market Models

    Energy Technology Data Exchange (ETDEWEB)

    Short, W.

    2007-02-01

    This report explores the different options for spatial resolution of an energy market model--and the advantages and disadvantages of models with fine spatial resolution. It examines different options for capturing spatial variations, considers the tradeoffs between them, and presents a few examples from one particular model that has been run at different levels of spatial resolution.

  10. Regions in Energy Market Models

    Energy Technology Data Exchange (ETDEWEB)

    None

    2009-01-18

    This report explores the different options for spatial resolution of an energy market model and the advantages and disadvantages of models with fine spatial resolution. It examines different options for capturing spatial variations, considers the tradeoffs between them, and presents a few examples from one particular model that has been run at different levels of spatial resolution.

  11. 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...

  12. 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...... a statistical perspective. We find that a model-based prediction of the spot price has some explanatory power for the corresponding forward price, but there is a significant additional amount of variability, the risk premium, which needs to be accounted for. We demonstrate how a suitable model for electricity...

  13. Energy Industry in China: Marketization and National Energy Security

    Institute of Scientific and Technical Information of China (English)

    DanShi

    2005-01-01

    Opening up the market, breaking the monopoly, and allowing the market to decide prices these are the major items on the agenda for the marketization of China's energy industry, and have a direct bearing on national energy security. Research into China's energy security has so far focused on such fields as strategic energy reserves, stability of energy imports, and diversification of import channels. Little has been done in the study of national energy security from the perspective of marketization of the energy industry. However, opening up the energy market and marketizing the energy industry are not only major commitments to China's accession to WTO, they serve the nation's energy security needs as well. This paper takes a look at the actual results of opening up the energy market, the structure of that market, and the nation's energy pricing mechanisms, and on the basis of the findings, raises suggestions on how to tackle the energy security issue.

  14. Energy and the Environment

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1996-01-01

    Denmark was one of the first countries in the world to commit itself to reduction targets for CO2 emission. Official Danish energy plans are reviewed in the light of the actual energy development. The EU Commission has been promoting a liberalisation of the electricity market for some years....... At a meeting in June 1996 in the EU Council of Ministers agreement was reached concerning the main market principles. The consequences for sustainable development are discussed in this paper....

  15. 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.

  16. The Non-Discrimination Obligation Of Energy Network Operators : European rules and regulatory practice

    NARCIS (Netherlands)

    Kruimer, H.T.

    2013-01-01

    In this dissertation Hannah Kruimer analyses the application of the legal principle of non-discrimination in the context of energy network operation. Since the early 1990s the duty not to discriminate has applied to energy network operators, in order to achieve a liberalised European energy market,

  17. 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.

  18. Islands in the stream? Challenges and resilience of the Danish industrial relations model in a liberalising world

    DEFF Research Database (Denmark)

    Refslund, Bjarke; Sørensen, Ole H.

    2016-01-01

    Nordic IR models have often been highlighted as being successful “highroads” in advanced capitalism. However, the economic crisis has increased pressures to liberalise and deregulate labour markets. Although this challenges the Danish IR model, there are several countermeasures in particular strong...

  19. Islands in the stream? Challenges and resilience of the Danish industrial relations model in a liberalising world

    DEFF Research Database (Denmark)

    Refslund, Bjarke; Sørensen, Ole H.

    2016-01-01

    Nordic IR models have often been highlighted as being successful “highroads” in advanced capitalism. However, the economic crisis has increased pressures to liberalise and deregulate labour markets. Although this challenges the Danish IR model, there are several countermeasures in particular strong...... unions and the supportive institutional context, which have prevented erosion indicating the resilience and adaptability of the model....

  20. Energy efficiency, market failures, and government policy

    Energy Technology Data Exchange (ETDEWEB)

    Levine, M.D.; Koomey, J.G.; McMahon, J.E.; Sanstad, A.H. [Lawrence Berkeley Lab., CA (United States). Energy and Environment Div.; Hirst, E. [Oak Ridge National Lab., TN (United States). Energy Div.

    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.

  1. Energy saving in greenhouses: optimal use of climate conditions and crop management

    NARCIS (Netherlands)

    Dieleman, J.A.; Marcelis, L.F.M.; Elings, A.; Dueck, T.A.; Meinen, E.

    2006-01-01

    In the last few years, energy consumption in greenhouses has gained increased interest, due to the liberalisation of the energy market and the increasing prices of natural gas. In this paper, the effects of a series of adaptations in greenhouse climate and cropping systems on crop production and

  2. 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.

  3. Energy markets : changes toward decarbonization and valorization

    NARCIS (Netherlands)

    Krozer, Yoram

    Mechanisms of global changes on energy markets are reviewed. The main mechanisms are decarbonization of energy recourses and valorization of energy products. The decarbonization covers modest increases of energy-efficiency in industries and households along with fast substitution of fossil energy

  4. Power marketing and renewable energy

    Energy Technology Data Exchange (ETDEWEB)

    Fang, J.M.

    1997-09-01

    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.

  5. Power Contro Energy Management and Market Systems

    Energy Technology Data Exchange (ETDEWEB)

    Tom Addison; Andrew Stanbury

    2005-12-15

    More efficient use of the nation's electrical energy infrastructure will result in minimizing the cost of energy to the end user. Using real time electrical market information coupled with defined rules, market opportunities can be identified that provide economic benefit for both users and marketers of electricity. This report describes the design of one such system and the features a fully functional system would provide. This report documents several investigated methods of controlling load diversity or shifting.

  6. 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.

  7. 75 FR 35017 - Brookfield Energy Marketing LP; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2010-06-21

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Brookfield Energy Marketing LP; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding of Brookfield Energy Marketing LP's application...

  8. 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...... and discussed. This finally leads to the difficulties in combining a more free market for energy in EU with a strong efforts to save energy. Ideas for electricity and heat saving policies are suggested....

  9. 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)

  10. Integrated marketing communications at solar energy equipment market

    Directory of Open Access Journals (Sweden)

    I.L. Litovchenko

    2013-12-01

    Full Text Available 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 concept of IMC is given, including the achievement of synergies. The reasons for the transition to the use of modern enterprises IMC in marketing activities are explored, as well as the tendencies of their distribution. The results of the analysis. The article identified the following reasons for the transition to the concept of IMC: reducing the efficiency of the individual instruments of marketing communications policy, the rapid growth of the flow of information and the development of technology marketing communications under the influence of the Internet, and the transition to the individualization of consumption and, consequently, to a two-way interactive marketing communication; glut similar services and products. The study identified the following reasons for the transition to the concept of IMC: reducing the efficiency of the individual instruments of marketing communications policy, the rapid growth of the flow of information and the development of technology marketing communications under the influence of the Internet, and the transition to the individualization of consumption and, consequently, to a two-way interactive marketing communication; glut similar services and products. Trends of the present stage of development of the IMC are demonstrated. The factors that influence formation of the IMC complex of enterprise in the market of solar energy equipment are identified. They are the goals of the firm and its strategies are used , the type of

  11. 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.

  12. 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...

  13. 75 FR 45111 - Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing...

    Science.gov (United States)

    2010-08-02

    ...] Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing Corporation; Notice... Order, the Commission directed Strategic Energy Management Corp. and Solaro Energy Marketing Corporation... Energy Management Corp. and Solaro Energy Marketing Corporation) have failed to file their...

  14. Alternative energies: Engineering, economics, market potential

    Energy Technology Data Exchange (ETDEWEB)

    Hake, B.

    1981-11-01

    Rentability calculations are disappointing for most alternative energies. Technical improvements that might change this are not in sight, so that the dependence on imported oil and gas will hardly be reduced. Producers of solar collectors, heat pumps, solar cells, and cogeneration units must keep in mind that the market will hardly expand. This was the result of a seminar on 'Alternative energy sources: Technology, economics, marketing potential - a critical review', held on May 5 at Haus der Technik, Essen.

  15. Wind offering in energy and reserve markets

    DEFF Research Database (Denmark)

    Soares, Tiago; Pinson, Pierre; Morais, Hugo

    2016-01-01

    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...

  16. Codex EU energy law. The most relevant directives, regulations and decisions on electricity, gas and oil, renewables, energy efficiency, energy taxation, energy infrastructures, energy labelling

    Energy Technology Data Exchange (ETDEWEB)

    Deketelaere, Kurt (ed.) [Leuven Univ. (Belgium). Chair of Energy and Environmental Law

    2012-07-01

    This Codex EU Energy Law brings together the most important, presently applicable, legislation on energy, as adopted by the EU. The legislation has been booming in recent years, after decades of very limited European activity in the field, with the exception of coal and nuclear. Several drivers explain this increase: the liberalisation of the European gas and electricity markets, the awareness to improve the security of energy supply, the necessity to be more energy-efficient, and the protection of the environment. All this has been translated in several, recent (i.e. 2009/2010) legislative energy packages: the liberalisation package, the climate and energy package, and the energy efficiency package. As a consequence, a serious amount of new regulations, directives and decisions on gas, electricity, renewables, biofuels, regulators, appliances, buildings, etc. must be implemented and/or applied by the Member States. Practitioners and academics will find this codex to be a good working tool. (orig.)

  17. Efficient integration of renewable energies in the German electricity market; Effiziente Integration erneuerbarer Energien in den deutschen Elektrizitaetsmarkt

    Energy Technology Data Exchange (ETDEWEB)

    Nabe, C.A.

    2006-07-01

    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

  18. 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).

  19. 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.

  20. Liberalisation in network based industries. An economic analysis by case studies of railway, telecommunication and energy utilities; Liberalisierung von Netzindustrien. Eine oekonomische Analyse am Beispiel der Eisenbahn, der Telekommunikation und der Leitungsgebundenen Energieversorgung

    Energy Technology Data Exchange (ETDEWEB)

    Schulze, A.

    2006-07-01

    The liberalisation of network based industries represents an economic problem, which raises on the one hand a multiplicity of theoretically unresolved questions and for which exist now on the other hand experiences in economic policy in Germany. The causes of the economic problems are not only to be found thereby in certain industry characteristics of the network based industries, but also in a missed special treatment of the network based economic sectors in the past by the economic policy. However, competition pushes in network based industries at borders, because the infrastructure necessary for the production of network based services typically represents an non-open to attack, natural monopoly in the hand of an established, vertically integrated supplier. From it extensive possibilities for the discrimination of competitors result, the competition political action need draw. It applies to analyze these in the available work and to discuss alternative solutions of the discrimination problem. (orig.)

  1. 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.

  2. 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...

  3. 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...

  4. 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.

  5. Renewable Energy and the need for local energy markets

    DEFF Research Database (Denmark)

    Hvelplund, Frede Kloster

    2003-01-01

    The paper argues that a new offensive green energy policy should be established in Denmark both securing public and political acceptance, and the establishment of local markets securing the technical integration of a large proportion of windpower and other fluctuating renewable energy sources...... into the energy system....

  6. Scalable Planning for Energy Storage in Energy and Reserve Markets

    OpenAIRE

    Xu, Bolun; Wang, Yishen; Dvorkin, Yury; Fernandez-Blanco, Ricardo; Silva-Monroy, Cesar A.; Watson, Jean-Paul; Kirschen, Daniel S.

    2016-01-01

    Energy storage can facilitate the integration of renewable energy resources by providing arbitrage and ancillary services. Jointly optimizing energy and ancillary services in a centralized electricity market reduces the system's operating cost and enhances the profitability of energy storage systems. However, achieving these objectives requires that storage be located and sized properly. We use a bi-level formulation to optimize the location and size of energy storage systems which perform en...

  7. 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.

  8. The Brazilian wind energy market

    Energy Technology Data Exchange (ETDEWEB)

    Chaves-Schwinteck, P. [DEWI GmbH, Oldenburg (Germany); Neddermann, B. [DEWI GmbH, Wilhelmshaven (Germany)

    2012-02-15

    At the end of 2011 Brazil had a total installed capacity of ca. 116,000 MW of electricity generation connected to its national interconnected system, in which more than 70% is from Hydropower. According to the latest expansion plan published by the National Energetic Research entity (EPE - Empresa de Pesquisa Energetica) in December 2011, the total energy demand of Brazil shall increase over 60% within the next 10 years. From this forecasted demand 67% will be still covered by Hydropower, which will, however, lose a significant share to other renewable sources like Wind, Biomass and Small Hydro. The forecast of EPE predicts the expansion of renewable energy sources in the overall electric energy supply matrix from the current 8% to 16%. Solely the participation of wind power shall increase from less than 1% to about 7% by the end of 2020. The forecast of the wind power expansion is supported by the Brazilian Wind Energy Atlas (Atlas Eolico Brasileiro) published by Eletrobras in 2011, which indicates an overall wind energy potential of 143 GW. (orig.)

  9. Theoretical ambiguity and the weight of historical heritage: a comparative study of the British and Norwegian electricity liberalisation

    Energy Technology Data Exchange (ETDEWEB)

    Midttun, Atle [Norwegian School of Management, Sandvika (Norway); Thomas, Steve [Sussex Univ., Science Policy Research Unit, Brighton (United Kingdom)

    1998-02-01

    Britain and Norway have been European pioneers in liberalising their electricity systems, but they have done so in very different ways. Both attempted to create a system in which the potentially competitive activities, generation and supply to final consumers, were opened up to market forces. However, Britain has liberalised by privatisation leaving generation largely concentrated in a few companies. Norway has maintained a dominant public ownership, but has sought to create a competitive environment through a decentralised production structure. The British `capitalist` and the Norwegian `structuralist` approach both exhibit clear market oriented features, but with the dynamics placed respectively on the ownership side and on decentralised competition. Yet the two models are also reflections of two historical heritages. The differences in political styles helps to explain the more dramatic and controversial character of the British reform as compared to the rather pragmatic Norwegian process. (author)

  10. Agent-based simulation of electricity markets. A literature review

    Energy Technology Data Exchange (ETDEWEB)

    Sensfuss, F.; Ragwitz, M. [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung (ISI), Karlsruhe (Germany); Genoese, M.; Moest, D. [Karlsruhe Univ. (T.H.) (Germany). Inst. fuer Industriebetriebslehre und Industrielle Produktion

    2007-07-01

    Liberalisation, climate policy and promotion of renewable energy are challenges to players of the electricity sector in many countries. Policy makers have to con-sider issues like market power, bounded rationality of players and the appear-ance of fluctuating energy sources in order to provide adequate legislation. Fur-thermore the interactions between markets and environmental policy instru-ments become an issue of increasing importance. A promising approach for the scientific analysis of these developments is the field of agent-based simulation. The goal of this article is to provide an overview of the current work applying this methodology to the analysis of electricity markets. (orig.)

  11. 75 FR 38514 - Application to Export Electric Energy; Brookfield Energy Marketing LP

    Science.gov (United States)

    2010-07-02

    ... Application to Export Electric Energy; Brookfield Energy Marketing LP AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing LP... power marketing agencies and other entities within the United States. The existing...

  12. Arrowhead Compliant Virtual Market of Energy

    DEFF Research Database (Denmark)

    Ferreira, Luis Lino; Siksnys, Laurynas; Pedersen, Per

    2014-01-01

    Industrial processes use energy to transform raw materials and intermediate goods into final products. Many efforts have been done on the minimization of energy costs in industrial plants. Apart from working on “how” an industrial process is implemented, it is possible to reduce the energy costs...... or discrete manufacturing, with more degrees of flexibility. These manufacturing plants can consider a more flexible scheduling of the most energy-intensive processes in response to dynamic prices and overall condition of the electricity market. In this scenario, requests for energy can be encoded by means...

  13. European energy market is changing. Globalisation, fragmentation and convergence; Europas Energiemarkt im Umbruch. Globalisierung, Fragmentierung und Konvergenz

    Energy Technology Data Exchange (ETDEWEB)

    Remmler, O. [PricewaterhouseCoopers Unternehmensberatung GmbH, Hamburg (Germany). Bereich Versorgungsunternehmen; Neubauer, B. [PricewaterhouseCoopers Unternehmensberatung GmbH, Hamburg (Germany). Bereich Energie

    2000-07-01

    The changes of the last few years in the European utilities market have tremendous impact on the companies in this industry sector. The competitive pressure will increase further as liberalisation has reached in average just about 65% of the European power market. The national markets in France, Italy, Spain, Swiss and Austria as well as in other European countries are still not fully liberalised. This article explains the drivers for competition and their impact on the structure of power trading, transmission/distribution and generation. (orig.) [German] Die Umwaelzungen der letzten Jahre auf dem europaeischen Versorgungsmarkt, haben gravierende Auswirkungen auf die Unternehmen. Der Wettbewerbsdruck auf die Marktteilnehmer wird weiter zunehmen, da die Marktliberalisierung im Durchschnitt erst 65% des europaeischen Strommarktes erreicht hat. So sind die nationalen Strommaerkte in Frankreich, Italien, Spanien, Schweiz, Oesterreich sowie in weiteren europaeischen Laendern noch nicht vollstaendig liberalisiert. Der Beitrag zeigt die Treiber dieses Wettbewerbs sowie ihre Auswirkungen auf die Strukturen von Stromhandel, Netz und Erzeugung. (orig.)

  14. Independent regulatory authorities in European electricity market

    DEFF Research Database (Denmark)

    Olsen, Ole Jess; Larsen, Anders; Sørensen, Eva Moll

    2006-01-01

    Liberalisation of the electricity market has taken place in most European countries within the last decade. It is considered a precondition of successful liberalisation to establish so-called independent regulatory authorities. In this article, we compare the status and practice of them in 16...

  15. Liberalization and enlargement: impacts on the industrial organisation of natural gas markets in Eastern Europe; Liberalisation et elargissement: impacts sur l'organisation industrielle des marches du gaz naturel en Europe de l'Est

    Energy Technology Data Exchange (ETDEWEB)

    Pirovska, M

    2004-12-01

    In 2004, the EU has opened its commercial natural gas industry to competition, 'while eight former socialist countries have become member states. This ongoing institutional evolution is expected to have a great impact on the industrial organisation of the East European natural gas markets. Specificities and rigidities of the transport networks, as well as strong import dependency may in fact weaken the security of supply and confirm that natural gas is strongly affected by geopolitical constraints. By levering on an analysis of structure and strategies across natural gas markets in Eastern Europe, this dissertation explores the stakes of integration and liberalization on the industrial organisation of European natural gas and reveals the risk of an emerging oligopoly, and the cooperation between dominant players. Our main contention is that this evolution could possibly hinder network interconnection thereby thwarting the achievement of an integrated and single competitive natural gas market in the Union. (author)

  16. Energy Market Transparency: Analyzing the Impacts of Constraint Relaxation and Out-of-Market Correction Practices in Electric Energy Markets

    Science.gov (United States)

    Al-Abdullah, Yousef Mohammad

    This work presents research on practices in the day-ahead electric energy market, including replication practices and reliability coordinators used by some market operators to demonstrate the impact these practices have on market outcomes. The practice of constraint relaxations similar to those an Independent System Operator (ISO) might perform in day-ahead market models is implemented. The benefits of these practices are well understood by the industry; however, the implications these practices have on market outcomes and system security have not been thoroughly investigated. By solving a day-ahead market model with and without select constraint relaxations and comparing the resulting market outcomes and possible effects on system security, the effect of these constraint relaxation practices is demonstrated. Proposed market solutions are often infeasible because constraint relaxation practices and approximations that are incorporated into market models. Therefore, the dispatch solution must be corrected to ensure its feasibility. The practice of correcting the proposed dispatch solution after the market is solved is known as out-of-market corrections (OMCs), defined as any action an operator takes that modifies a proposed day-ahead dispatch solution to ensure operating and reliability requirements. The way in which OMCs affect market outcomes is illustrated through the use of different corrective procedures. The objective of the work presented is to demonstrate the implications of these industry practices and assess the impact these practices have on market outcomes.

  17. 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....... 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...

  18. 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.

  19. 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...

  20. 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

  1. Eurelectric annual conference (electric power industry union) on the energy liberalization; Conference annuelle Eurelectric (Union de l'industrie electrique) sur la liberalisation de l'energie

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-06-01

    This document is a reprint of the talk given by P. Devedjian, French minister of industry, at the Eurelectric 2004 conference. After a brief recall of the energy situation of the European Union, P. Devedjian treats of the following points: the evolution of electricity prices, the increase of CO{sub 2} emissions despite a courageous environmental policy, the three main goals of the energy policy: European economic competitiveness, European solidarity, fight against greenhouse effect, implementation of a common energy policy based on 4 guidelines: common rules, better convergence of energy policies, reinforcement of research, definition of a common energy diplomacy. (J.S.)

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

    Energy Technology Data Exchange (ETDEWEB)

    Recalde, Marina, E-mail: mrecalde@uns.edu.ar [Departamento de Economia, Universidad Nacional del Sur (UNS) - Consejo Nacional de Ciencia y Tecnologia (CONICET), 12 de Octubre 1198 piso 7, B8000CTX Bahia Blanca (Argentina)

    2011-06-15

    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.

  3. Arrowhead Compliant Virtual Market of Energy

    DEFF Research Database (Denmark)

    Ferreira, Luis Lino; Siksnys, Laurynas; Pedersen, Per

    2014-01-01

    by focusing on “when” it is performed. Although, some manufacturing plants (e.g. refining or petrochemical plants) can be inflexible with respect to time due to interdependencies in processes that must be respected for performance and safety reasons, there are other industrial segments, such as alumina plants...... or discrete manufacturing, with more degrees of flexibility. These manufacturing plants can consider a more flexible scheduling of the most energy-intensive processes in response to dynamic prices and overall condition of the electricity market. In this scenario, requests for energy can be encoded by means...... of a formal structure called flex-offers, then aggregated (joining several flex-offers into a bigger one) and sent to the market, scheduled, disaggregated and transformed into consumption plans, and eventually, into production schedules for given industrial plant. In this paper, we describe the flex...

  4. Measuring educational liberalisation. A global analysis of GATS

    NARCIS (Netherlands)

    Verger, A.

    2008-01-01

    In this article, we examine the process of trade liberalisation of educational services in the framework of the General Agreement on Trade in Services (GATS) of the World Trade Organisation (WTO). Specifically, we analyse the factors that influence the undertaking of commitments on educational

  5. Hydro-power in a competitive market; Hydro-Power im Wettbewerbsumfeld

    Energy Technology Data Exchange (ETDEWEB)

    Schroefelbauer, H. [VERBUND-Austrian Hydro Power AG, Wien (Austria)

    2005-07-01

    While energy demand continues to rise, European hydro-power is faced with ever more stringent legal provisions and environmental targets. At the same time, the transition from a monopoly situation to a liberalised electricity market has resulted in a shift in emphasis from macro-economic considerations to a business-mangement approach to hydro-power as the classic renewable energy source. Hence, for market operators hoping to position themselves favourable through the offer of new products, such as control and balancing energy, it is essential to recognise emerging technology and energy trends at an early point in time. However, fair competition requires a stable legal framework. (orig.)

  6. 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.

  7. A liberalised South African airline industry: Measuring airline total-factor productivity

    Directory of Open Access Journals (Sweden)

    Anton Brits

    2010-11-01

    Full Text Available The liberalisation of the South African airline industry through economic deregulation established competitive domestic and international markets. Sustainability of air transport, subject to these liberalisation effects, depends on efficient management information such as total-factor productivity, which necessitates comprehensive financial and operational information. Total-factor productivity in general, however, is not utilised by airlines as a key performance indicator since the measuring thereof is complex and regarded as tedious. Changes in air transport total-factor productivity can be measured in two ways. First, an index approach can be adopted that shows the proportional change in the inputs in relation to a proportional change in output. Secondly, a production function can be determined (econometric approach that shows a change of productivity as a shift in the production curve. The research on which the article is based, exploited the theory, selection and application of an appropriate approach to determine changes of total-factor productivity of an individual airline to assist/support efficient decisionmaking by management.

  8. Review of the current wind energy technologies and global market

    OpenAIRE

    Komarov, Dragan; Stupar, Slobodan; Posteljnik, Zorana

    2011-01-01

    The modern wind energy technologies and recent global wind energy market trends are reviewed in the paper. Basic principles of conversion of wind energy to electricity are described with brief overview of the state-of-the-art technologies for subassemblies such as wind turbine blades and drive trains. Global wind energy market was reviewed in order to attain notion of wind power market developments in the future. The most developed countries in terms of wind energy utilization such as Denmark...

  9. 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...

  10. Stock Market Development in India: Is There Any Trend Break?

    OpenAIRE

    Pratap chandra Biswal; Kamaiah, B.

    2000-01-01

    This paper addresses the important question of what happened to the Indian stock market following financial liberalisation. Considering three stock market indicators, viz., size, liquidity and volatility, and applying two time series trend break techniques of Perron (1989, 1997) on monthly data (1991:1 to 1998:12) of Bombay Stock Exchange, it has been found that the Indian stock market grew and became more liquid after liberalisation. However, in respect of volatility the market had not exhib...

  11. 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.

  12. Asymmetric-Structure Analysis of Carbon and Energy Markets

    Science.gov (United States)

    Xu, Wei; Cao, Guangxi

    2016-02-01

    This study aimed to investigate the asymmetric structure between the carbon and energy markets from two aspects of different trends (up or down) and volatility-transmission direction using asymmetric detrended cross-correlation analysis (DCCA) cross-correlation coefficient test, multifractal asymmetric DCCA (MF-ADCCA) method, asymmetric volatility-constrained correlation metric and time rate of information-flow approach. We sampled 1283 observations from January 2008 to December 2012 among pairs of carbon and energy markets for analysis. Empirical results show that the (1) asymmetric characteristic from the cross-correlation between carbon and returns in the energy markets is significant, (2) asymmetric cross-correlation between carbon and energy market price returns is persistent and multifractral and (3) volatility of the base assets of energy market returns is more influential to the base asset of the carbon market than that of the energy market.

  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. 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.

  15. Evaluating Urban Energy Systems in the UK:the Implications for Financing Heat Networks

    OpenAIRE

    Webb, Janette

    2014-01-01

    UK energy policies position urban heat networks as components of a resilient low carbon, affordable system, but, as Stewart Russell’s work showed, such technologies have never been integrated into UK provision. This paper takes Russell’s legacy forward by examining prospects for urban district heating and combined heat and power development, in the context of the financial, rather than technological, innovations shaped by liberalised energy and financial markets. Drawing on sociology of marke...

  16. 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.

  17. 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...

  18. A fair price for energy? Ownership versus market opening in the EU15

    Energy Technology Data Exchange (ETDEWEB)

    Fiorio, Carlo V.; Florio, Massimo [Milan Univ. (Italy). Dept. of Economics, Business and Statistics

    2010-07-15

    In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually been profit makers, not affected by direct government transfers, in contrast to other SGEI. We study the effects of privatisation and other reforms on consumer prices using both subjective data on consumers' perception of utility prices and data on average prices paid. (orig.)

  19. 75 FR 6378 - Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC Covanta Power...

    Science.gov (United States)

    2010-02-09

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy..., Covanta Pylmouth Renewable Energy Limited Partnership, Covanta Energy Marketing LLC, and Covanta...

  20. 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.

  1. Interaction of Compliance and Voluntary Renewable Energy Markets

    Energy Technology Data Exchange (ETDEWEB)

    Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States); Lokey, Elizabeth [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2007-10-01

    In recent years, both compliance and voluntary markets have emerged to help support the development of renewable energy resources. Both of these markets are growing rapidly and today about half of U.S. states have RPS policies in place, with a number of these policies adopted in the last several years. In addition, many states have recently increased the stringency of their RPS policies. This paper examines key market interaction issues between compliance and voluntary renewable energy markets. It provides an overview of both the compliance and voluntary markets, addressing each market's history, purpose, size, scope, and benefits while addressing issues, including double counting.

  2. Market survey Slovakia. Bio-energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-01-15

    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

  3. Market survey Slovak Republic. Bio-energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-01-15

    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

  4. Liberalisation in a Asia Pacific--Why a Free Trade Area Would Benefit Australia

    OpenAIRE

    Oxley, Alan

    1995-01-01

    The dominant question in trade policy today is how to secure greater trade liberalisation in the Asia Pacific region. Most of the public discussion of this has been based on theoretical, rather than empirical, analyses of the economic conditions to be addressed. In addition, an important aspect of the political economy of trade liberalisation has been neglected. Thinking in Australia about how to promote trade liberalisation in the region has been deficient in as much as its contribution to h...

  5. Mortgage market regulation: Europe

    NARCIS (Netherlands)

    Aalbers, M.B.; Smith, S.J.

    2012-01-01

    Despite several European Union (EU) initiatives, there is only limited pan-European mortgage market regulation. The EU strategy can be characterised as one of parallel liberalisation and consolidation. This article highlights the key differences in regulation among European mortgage markets.

  6. Working Paper 99 - Capital Flows and Capital Account Liberalisation in the Post-Financial-Crisis Era: Challenges, Opportunities and Policy Responses

    OpenAIRE

    Victor Murinde

    2010-01-01

    This paper invokes a flow-of-funds framework toscope the challenges, opportunities and policyresponses regarding capital flows and capitalaccount liberalisation as Africa emerges fromthe global financial crisis. The framework is usedto highlight the transmission of the financial crisisfrom the foreign sector to the household sector,company sector, banks and capital markets,as well as the government sector. Financialprices, mainly the exchange rate and stockprices, provide the propagation mech...

  7. 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

  8. 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.

  9. 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

  10. 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.

  11. 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

  12. 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.

  13. RECENT CHANGES IN THE EU RENEWABLE ENERGY MARKET REGULATIONS

    Directory of Open Access Journals (Sweden)

    N. Danylova

    2014-09-01

    Full Text Available This paper studies recent trends of the world energy supply. Factors affecting changes in the state policy of the European energy strategy are identified. The role of renewable energy sources in solving energy problems is revealed. The mechanism of the EU renewable market development is illustrated. The main changes in the dynamics and structure of energy consumption are identified. The major participants in the modern European renewable energy market are demonstrated. A set of measures to build a new energy policy in EU is formed.

  14. The effect of agricultural trade liberalisation on land-use related greenhouse gas emissions

    NARCIS (Netherlands)

    Verburg, R.W.; Stehfest, E.; Woltjer, G.B.; Eickhout, B.

    2009-01-01

    This study explores the effects of agricultural trade liberalisation and concomitant changes in agricultural areas and livestock production on greenhouse gas emissions using the coupled LEITAP–IMAGE modelling system. The results indicate that liberalisation leads to an increase in total greenhouse g

  15. The effects on employment of the liberalisation process in the telecommunications sector

    DEFF Research Database (Denmark)

    Wulff, Thomas

    An analysis of how the liberalisation process in the telecommunications sector in Finland has affected the employment development in the telecommunications sector......An analysis of how the liberalisation process in the telecommunications sector in Finland has affected the employment development in the telecommunications sector...

  16. The Effects on Employment of the Liberalisation Process in the Telecommunications Sector

    DEFF Research Database (Denmark)

    Henten, Anders; Wulff, Thomas

    An analysis of the effects of the policies of liberalisation and privatisation in the telecommunications field on the employment development in the telecommunications sector.......An analysis of the effects of the policies of liberalisation and privatisation in the telecommunications field on the employment development in the telecommunications sector....

  17. Market Monitoring and Analysis: Electricity Sector

    Directory of Open Access Journals (Sweden)

    Helga Zogolli

    2015-10-01

    Full Text Available EU electricity liberalisation remains an essential energy reform programme, in scale in any other major region of the world. While other regions of the world have seen major pauses to their energy market reforms (most notably in the United States, the EU in the form of the European Commission, continues to press ahead. Electricity market power in Albania is in a difficult situation as a consequence of the lack of the adequate home-brew electricity resources and the great dependency from the hydro resources, inadequacy of the interconnections capacity with the neighbouring networks of electricity power, the considerable technical and economic barriers, and the difficult financials.In countries where no “official” power pool has been set up, different kinds of privates’ entities, e.g. generators, distributors, traders, large consumers, stock exchanges, system operator etc. or a combination of them, have promoted the creation of PX-s. The idea is that because electricity is a homogeneous product, standardized contracts can be traded on organized marketplaces. Since such an initiative was not forbidden by any law or by the European Directives many project have emerged in response to different motivations.This process in Europe, known as the liberalization process, has had a wide impact on the European electricity industry.Electricity market liberalisation is the opening of the market to competition; the extension of vertical unbundling of transmission and distribution from the generation and retailing; and the introduction of an independent regulator.The focus of this project is an analysis of the role of electricity PX-s in the recently liberalized electricity markets of Europe. In the context of creating “a” competitive electricity market at a European level, the key questions considered are the functioning of these PX-s with respect to electricity characteristics, market design and regulatory framework. Keywords: Energy,‘Placing on

  18. 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.

  19. Links between energy and food markets. A preliminary assessment

    Energy Technology Data Exchange (ETDEWEB)

    Silvis, H.J.; Woltjer, G.B.

    2010-04-15

    This report addresses the links between energy and food markets, and the long-term trends and large short-term fluctuations they have undergone. The ways in which these markets are related and which feedback mechanisms must be taken into account in scenario analyses were investigated. On the basis of international studies and prognoses, three links connecting energy and food markets were identified. The first link is formed by the common drivers on the demand side, namely demographic and economic developments, the second link is related to the energy costs of agricultural and food production and distribution, and the third link comprises the role of agriculture as a producer of energy.

  20. 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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.)

  5. 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.

  6. 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

    ... Energy Regulatory Commission Linden VFT, LLC v. Brookfield Energy Marketing, LP, Cargill Power Markets... a formal complaint against Brookfield Energy Marketing, LP and Cargill Power Markets, LLC...., Washington, DC 20426. This filing is accessible on-line at http://www.ferc.gov , using the ``eLibrary'' link...

  7. Liberlizacija poštnih storitev ter njihovo financiranje v prihodnosti = Liberalisation of Postal Services and Their Financing in the Future

    Directory of Open Access Journals (Sweden)

    Matjaz Andric

    2007-12-01

    Full Text Available This article analyses the issues in the process of the EU postal services market liberalisation, which is in the final stage of its legal basis drafting process. The acceptance of the legal basis by competent EU institutions will largely define the postal services market liberalisation method, which is to be carried out by all EU Member States in a given period of time. For the final step of the liberalisation the authors (eu expert bodies of the legal basis draft proposal have managed to maintain a relatively high standard of universal postal services (delivery every working day and at least five days a week for EU addresses, and short delivery times and in addition to these also foreseen various financing methods. The latter are based on solutions taken from other sectors where the liberalisation process has been recently concluded and where a sector is also subject to the universal service obligation. Even though those financing models are more or less effective in other sectors, they have been subject to many concerns in a public debate on changes in postal sector. The key concerns relate to the foreseen mechanisms of universal service financing, the regulation of access to the public postal network, and the financing of the public postal network maintenance as well as development. The best way to overcome partially unproductive public debates on the issue is to start making factual and precise estimates of the effect of changes presented in this article by applying simplified financing mechanisms of the universal service. These mechanisms will need the input of specific data which will take into the account all relevant traits of every single EU Member State.

  8. Stocks and energy shocks : the impact of energy accidents on stock market value

    NARCIS (Netherlands)

    Scholtens, B.; Boersen, A.

    2011-01-01

    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

  9. 75 FR 12737 - Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp.

    Science.gov (United States)

    2010-03-17

    ... Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp. AGENCY: Office of Electricity... applications, Noble Energy Marketing and Trade Corp. (NEMT) has applied for authority to transmit electric... electric energy from the United States to Mexico and from the United States to Canada as a power...

  10. Energy Savings Certificate Markets: Opportunities and Implementation Barriers

    Energy Technology Data Exchange (ETDEWEB)

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

    2009-07-01

    Early experiences with energy savings certificates (ESCs) have revealed their merits and the challenges associated with them. While in the United States ESC markets have yet to gain significant traction, lessons can be drawn from early experiences in the states of Connecticut and New York, as well as from established markets in Italy, France, and elsewhere. The staying power of European examples demonstrates that ESCs can help initiate more efficiency projects. This article compares ESCs with renewable energy certificates (RECs), looks at the unique opportunities and challenges they present, and reviews solutions and best practices demonstrated by early ESC markets. Three major potential ESC market types are also reviewed: compliance, voluntary, and carbon. Additionally, factors that will benefit ESC markets in the United States are examined: new state EEPS policies, public interest in tools to mitigate climate change, and the growing interest in a voluntary market for ESCs.

  11. Improving Energy Market Regulation:Domestic and International Issues

    Institute of Scientific and Technical Information of China (English)

    DANIEL; P.AHN

    2013-01-01

    Recent extreme energy price highs and volatility have brought worldwide attention to the regulation of commodity markets in the context of the broader global financial overhaul.As part of the DoddFrank Act,the U.S.government now mandates centralized clearing and margin and capital requirements.But commodity markets are globally integrated and international policy coordination is required for effective market regulation.Improved regulation and supervision of commodity markets has been highlighted in the G20 agenda.Essential details of the new global regulatory landscape still need to be fleshed out,particularly in five major areas:physical transparency;financial transparency;centralized clearing and standardized contracts;capital and margin requirements;and position limits.This paper presents energy policy options that achieve market efficiency by preventing market manipulation,manage systemic risk,and control excessive volatility.

  12. 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

  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

    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)

  14. Evaluation of NEB energy markets and supply monitoring function

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    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.

  15. Portfolio management : minimizing energy costs in an open access market

    Energy Technology Data Exchange (ETDEWEB)

    Greenberg, P. [U.S. Generating Company (United States)

    1998-09-01

    This presentation addressed the issue of evolving market structures for electric utilities, discussed portfolio management in an open access market and enumerated critical abilities that will be required for success in the new marketplace. Viewgraphs provided information regarding the current retail restructuring landscape and merchant plant activity by region. Bar graphs were included to represent the growth of power marketing and the results of utility divestiture auctions. Critical capabilities to successfully optimize a competitive energy portfolio, including functional integration, teamwork and goals alignment, the aggressive use of information technology, liquidity, and risk management, were discussed at length. As an example of the new approach, the structure and operating plans of PG and E, one of the largest unregulated energy trading company in the U.S., were reviewed. In brief, the company plans to be aggressive in all competitive energy markets, to focus on asset development and acquisition, and to gain liquidity through trading and marketing. 16 figs.

  16. Russia's energy supply. Current situation and strategy until 2030; Energieversorgung Russlands. Aktuelle Lage und Strategie bis 2030

    Energy Technology Data Exchange (ETDEWEB)

    Borozdina, Olga [Staatliche Univ. fuer Oekonomie und Finanzen, St. Petersburg (Russian Federation)

    2010-06-15

    Russia has extensive energy and fuel resources. Its energy production sector forms the basis of its economic development and determines Russia's foreign and domestic policy. The reliable supply of the country, its citizens, society and economic system with energy and fuel is an important part of Russia's energy policy. These goals determine the path which the Russian energy supply system must take up to the year 2030 and beyond: Its future energy strategy rests on the aims of capacity growth, improvement of energy efficiency and the continued liberalisation of the energy market.

  17. 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

  18. Evaluating the Value of Flexibility in Energy Regulation Markets

    DEFF Research Database (Denmark)

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

    2015-01-01

    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%....

  19. Spanish generation market: structure, design and results; El Mercado de Generacion Electrica en Espana: Estructura, Funcionamiento y Resultados

    Energy Technology Data Exchange (ETDEWEB)

    Agosti, L.; Padilla, A. J.; Requejo, A.

    2007-07-01

    This paper provides an overview of the structure, design and outcome of the Spanish generation market from 1998, when the market was liberalised, to date. More precisely, this paper reviews the history of the liberalisation process; describes the structure of the generation market and its evolution over time; analyses the existence of market power; and evaluates the outcome of the liberalisation process from the viewpoint of its impact on al locative efficiency, productive efficiency and dynamic efficiency. The paper concludes with a brief summary of recent regulatory reforms. (Author)

  20. 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...

  1. Brief presentation of the wordl fossil energy market

    Directory of Open Access Journals (Sweden)

    Preda Andreescu Mihaela

    2008-04-01

    Full Text Available The beginning of the third millennium brought the globalization of the worldwide energy market. The fossil fuels, especially petroleum resources are, generally, limited and concentrated in few regions and the world energy market becomes more and more dependent of some “key regions”: the Middle East, the Caspian Sea Region, Russian Federation-Siberia. The great consumers try to consolidate their position in the regions reach in energy resources. And this is happening while growing economies, such as China and India begin to dominate the global demand for energy and push higher the oil prices worldwide. World market energy consumption is projected to increase by 57 percent from 2004 to 2030. China and India together account for 45 percent of the increase of the energy demand.

  2. [Impact of European e-commerce liberalisation on pharmaceutical crime : The ALPhA research project].

    Science.gov (United States)

    Sinn, Arndt

    2017-09-19

    The trading of illicit and falsified pharmaceuticals is a growth market. Factors influencing this illegal market are high profit margins, a low risk of detection, low control density, an obscure legal situation, and lastly, the easy and anonymous ways of selling over the Internet, usually across national borders. This situation was the background for the research project on the impact of European e‑commerce liberalisation on pharmaceutical crime (ALPhA). The goal of the project was to develop concrete recommendations for action regarding the improved prosecution of internet-based pharmaceutical crime and to create a broad body of data for effective law-making by legislators.In this article the initial situation regarding pharmaceutical crime and its risk potential is described and some of the results from the comparative-law investigation of the ALPhA research project are presented along with its final recommendations. The latter are directed at policy-makers and law enforcement agencies in addition to industry and science and demonstrate the type of framework to be designed to increase safety for the public and to minimize risks when purchasing pharmaceuticals.

  3. Coordinated renewable energy support schemes

    DEFF Research Database (Denmark)

    Morthorst, P.E.; Jensen, S.G.

    2006-01-01

    This paper illustrates the effect that can be observed when support schemes for renewable energy are regionalised. Two theoretical examples are used to explain interactive effects on, e.g., the price of power, conditions for conventional power producers, and changes in import and export of power...... RES-E support schemes already has a common liberalised power market. In this case the introduction of a common support scheme for renewable technologies will lead to more efficient sitings of renewable plants, improving economic and environmental performance of the total power system...

  4. 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.

  5. 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.

  6. 78 FR 44556 - Chesapeake Energy Marketing, Inc. v. Midcontinent Express Pipeline LLC; Notice of Complaint

    Science.gov (United States)

    2013-07-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Chesapeake Energy Marketing, Inc. v. Midcontinent Express Pipeline LLC... Energy Regulatory Commission (Commission), 18 CFR 385.206, Chesapeake Energy Marketing, Inc. (CEMI...

  7. Energy policies of IEA countries: Belgium 2005 review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-07-01

    Belgium continues to make measured progress in its energy policy, particularly with respect to electricity market liberalisation. The country has improved the independent functioning of the electricity market. An electricity exchange will begin operation shortly. However, to enable Belgian customers to fully benefit from energy market liberalisation, more work needs to be done. In 2003, Belgium decided to phase out nuclear power between 2015 and 2025. As nuclear energy supplies about 55% of the country's electricity, this will be a significant challenge. The federal government should conduct more comprehensive long-term studies on the nuclear energy phase-out and its effects on energy security, environmental protection and economic growth. Belgium's natural gas and electricity markets are highly concentrated. Companies owned by the international power group Suez SA dominate at all levels. Belgium has made some efforts to unbundle these industries and reduce their market dominance, but much more must be done to encourage new entry, increase competition and bring real economic benefits to Belgian customers. 50 refs., 40 tabs., 3 annexes.

  8. 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.

  9. Economic Dispatch of Hydrogen Systems in Energy Spot Markets

    DEFF Research Database (Denmark)

    You, Shi; Nørgård, Per Bromand

    2015-01-01

    Hydrogen system, as a new energy carrier, could deliver clean and efficient energy services in a wide range of applications. This paper presents an economic dispatch-based mathematical model that facilitates investigations on the techno-economic feasibility of hydrogen systems in the context...... 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...

  10. 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.

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

    Energy Technology Data Exchange (ETDEWEB)

    Topp, L. [Direct Energy Marketing Ltd., Calgary, AB (Canada)

    2004-07-01

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

  12. 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)

  13. European Strategies for Energy Security in the Natural Gas Market

    Directory of Open Access Journals (Sweden)

    Boyka Stefanova

    2012-08-01

    Full Text Available This article examines the European Union's (EU approach to energy security on the example of its natural gas imports from Russia, the largest supplier of gas to European markets. Two major projects, Nord Stream in the Northern and Western part of the EU, and Nabucco in South-Central Europe, demonstrate opposing energy security strategies, seemingly at odds with the EU objective of achieving energy independence from Russia. The question arises: Are these strategies sustainable? How can they be reconciled and pursued under a common policy? The main argument is that such conflicting sub-regional policy initiatives are amenable to progressive realignment and serve common security objectives. The article examines the Nord Stream and Nabucco pipelines in the context of the Third Energy Package, a set of policy instruments for the creation of an EU-wide internal energy market. It demonstrates that the energy security strategies pursued through Nord Stream and Nabucco fit well with the logic of the internal market reflected in premises of flexibility and efficiency. The article concludes that the security of the EU's energy market may be pursued in practice by applying different formulas relying on a variable mix of networks, partnerships, and market integration with non-members.

  14. 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.

  15. 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

  16. Including investment risk in large-scale power market models

    DEFF Research Database (Denmark)

    Lemming, Jørgen Kjærgaard; Meibom, P.

    2003-01-01

    can be included in large-scale partial equilibrium models of the power market. The analyses are divided into a part about risk measures appropriate for power market investors and a more technical part about the combination of a risk-adjustment model and a partial-equilibrium model. To illustrate......Long-term energy market models can be used to examine investments in production technologies, however, with market liberalisation it is crucial that such models include investment risks and investor behaviour. This paper analyses how the effect of investment risk on production technology selection...... the analyses quantitatively, a framework based on an iterative interaction between the equilibrium model and a separate risk-adjustment module was constructed. To illustrate the features of the proposed modelling approach we examined how uncertainty in demand and variable costs affects the optimal choice...

  17. 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.

  18. The Island Smart Energy System and Market

    DEFF Research Database (Denmark)

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

    2016-01-01

    and influential factors impact on the development of the singleisland or multi-island smart energy system are different. This paper presents the influential factors of the island smart energy system development by the literature analysis. Meanwhile, taking Philippines as a case study to investigate...

  19. The global recession and energy markets

    OpenAIRE

    Leonid Grigoriev

    2010-01-01

    In the years before the economic crisis, global demand for energy resources rose sharply, especially from developing countries. During the economic crisis, oil demand decreased for a short period. In forecasting post-crisis developments, it is reasonable to assume a future reduction in the elasticity of demand for energy in GDP growth as a result of government measures and technological progress.

  20. Energy mix in Central European countries of the V4 group: The quest for stability

    Energy Technology Data Exchange (ETDEWEB)

    Janicek, Frantisek; Smitkova, Miroslava; Kubica, Juraj

    2010-09-15

    The paper examines the development of the energy mix in the countries of the V4 region (Czech Republic, Hungary, Poland, and Slovakia). Trends over the past two decades are summarised and critically examined but mainly possible energy scenarios by 2030 are presented. Based on existing scenarios for the V4 countries, the impacts are assessed of potential developments for various ratios between domestic and imported fossil fuels, nuclear sources and RES. The analysis spans the development in energy intensity of the national economies, structural changes in energy consumption in various areas in view of the liberalisation of energy markets.

  1. 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).

  2. 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.

  3. 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.

  4. Low-energy buildings on mainstream market terms

    DEFF Research Database (Denmark)

    Quitzau, Maj-Britt; Elle, Morten; Hoffmann, Birgitte

    2008-01-01

    This paper looks into the challenge of actually implementing energy efficient technologies and concepts in mainstream new build. The aim of the paper is to point out some of the provisos of promoting low-energy buildings on mainstream market terms, emphasising the need to understand forces working...

  5. Pricing and Hedging Quanto Options in Energy Markets

    DEFF Research Database (Denmark)

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

    2015-01-01

    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–Jar...... 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....

  6. 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.

  7. 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.

  8. Modeling energy market dynamics using discrete event system simulation

    Energy Technology Data Exchange (ETDEWEB)

    Gutierrez-Alcaraz, G. [Department of Electrical and Electronics Engineering, Instituto Tecnologico de Morelia, Av. Tecnologico 1500, Col. Lomas de Santiaguito 58120, Morelia Michoacan (Mexico); Sheble, G.B. [Department of Electrical and Computer Engineering, Portland State University, Portland, OR 97207-0751 (United States)

    2009-10-15

    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)

  9. Financial liberalisation and the dynamics of firm leverage in a transitional economy: evidence from South Africa

    Directory of Open Access Journals (Sweden)

    Chimwemwe Chipeta

    2012-06-01

    Full Text Available This paper examines the dynamics of corporate capital structures for listed non-financial firms in South Africa. The dynamic models of capital structure have been utilised to document several findings of empirical significance. First, transaction costs reduce dramatically in the post liberalisation regime, and the associated speed of adjustment is more pronounced, and statistically significant for the post liberalisation epoch. Second, financial liberalisation has a significant impact on the capital structure speed of adjustment. Third, the results confirm most of the theoretical predictions of capital structure theories; however, the relationship is more significant in the post liberalised regime. Finally, new evidence has been revealed on what determines the debt maturity structure of firms in a transitional economy.

  10. 78 FR 65978 - Application to Export Electric Energy; Brookfield Energy Marketing Inc.

    Science.gov (United States)

    2013-11-04

    ... Application to Export Electric Energy; Brookfield Energy Marketing Inc. AGENCY: Office of Electricity Delivery.... (BEMI) has applied to renew its authority to transmit electric energy from the United States to Canada... electric energy that BEMI proposes to export to Canada would be surplus energy purchased from...

  11. 77 FR 20375 - Application to Export Electric Energy; Rainbow Energy Marketing Corporation

    Science.gov (United States)

    2012-04-04

    ... Application to Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity... Corporation (Rainbow) has applied to renew its authority to transmit electric energy from the United States to... Department of Energy (DOE) issued Order No. EA-296 authorizing Rainbow to transmit electric energy from...

  12. Energy drink consumption and marketing in South Africa.

    Science.gov (United States)

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

    2017-05-17

    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.

  13. The energy report. Transforming markets. 1998 Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-31

    This year`s Energy Report reflects the main results of the work done to make the United Kingdom`s energy sector function as a proper market. It summarises main events in each energy sector and reports main developments in energy policy and related initiatives. Further chapters are headed: energy regulation; environmental and international issues; energy demand and energy efficiency; fuel poverty; gas supply; electricity; nuclear, new and renewable sources of energy; coal; oil and gas production; and downstream oil. Three papers by the Energy Advisory Panel are included. Appendices include tables relating to the energy industries including productivity, employment, trade, production, supply, demand, prices and energy-related atmospheric emissions. 217 refs., 7 apps.

  14. 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.

  15. The strategic targeting of females by transnational tobacco companies in South Korea following trade liberalisation

    Directory of Open Access Journals (Sweden)

    Lee Kelley

    2009-01-01

    Full Text Available Abstract Background In 1988 South Korea opened its cigarette market to foreign companies under the threat of US trade sanctions. Despite strong social stigma against female smoking in South Korea, and restrictions on tobacco marketing to women and children, smoking rates among young Korean females increased from 1.6% in 1988 to 13% in 1998. Previous analyses describe how Asian countries have been targeted by transnational tobacco companies for new markets, with Asian females offering substantial future growth potential. An understanding of the strategies used by TTCs to increase smoking among Korean females is critical to public health efforts to adopt a stronger gender perspective in implementing the Framework Convention on Tobacco Control. Methods Internal documents of transnational tobacco corporations were systematically searched using keywords focused on the targeting of the female market since market liberalisation in 1988. Industry documents were analysed alongside primary and secondary data on the tobacco industry in South Korea. Results TTCs have targeted Korean females since the late 1980s, conducting market research to understand consumer preferences, cultural characteristics and social changes affecting women and girls. Brands designed to appeal to females have focused on "slim" and "superslim" cigarettes, "light" and "mild" claims, and marketing which appeals to the growing numbers of young women entering the labour force. Strategies for overcoming legal restrictions on marketing to women and children have included the use of company rather than brand names, retail distribution at venues frequented by females, trademark diversification and sponsorship. Conclusion Given the high male smoking rates in South Korea, tobacco control efforts have given limited attention to girls and women. The limited data available on female smoking behaviour suggests that, despite legal restrictions and social stigma, smoking among females has increased

  16. The strategic targeting of females by transnational tobacco companies in South Korea following trade liberalisation

    Science.gov (United States)

    Lee, Kelley; Carpenter, Carrie; Challa, Chaitanya; Lee, Sungkyu; Connolly, Gregory N; Koh, Howard K

    2009-01-01

    Background In 1988 South Korea opened its cigarette market to foreign companies under the threat of US trade sanctions. Despite strong social stigma against female smoking in South Korea, and restrictions on tobacco marketing to women and children, smoking rates among young Korean females increased from 1.6% in 1988 to 13% in 1998. Previous analyses describe how Asian countries have been targeted by transnational tobacco companies for new markets, with Asian females offering substantial future growth potential. An understanding of the strategies used by TTCs to increase smoking among Korean females is critical to public health efforts to adopt a stronger gender perspective in implementing the Framework Convention on Tobacco Control. Methods Internal documents of transnational tobacco corporations were systematically searched using keywords focused on the targeting of the female market since market liberalisation in 1988. Industry documents were analysed alongside primary and secondary data on the tobacco industry in South Korea. Results TTCs have targeted Korean females since the late 1980s, conducting market research to understand consumer preferences, cultural characteristics and social changes affecting women and girls. Brands designed to appeal to females have focused on "slim" and "superslim" cigarettes, "light" and "mild" claims, and marketing which appeals to the growing numbers of young women entering the labour force. Strategies for overcoming legal restrictions on marketing to women and children have included the use of company rather than brand names, retail distribution at venues frequented by females, trademark diversification and sponsorship. Conclusion Given the high male smoking rates in South Korea, tobacco control efforts have given limited attention to girls and women. The limited data available on female smoking behaviour suggests that, despite legal restrictions and social stigma, smoking among females has increased since market opening

  17. 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.

  18. 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.

  19. Formulation of market strategies for Integrated Community Energy Systems (ICES)

    Energy Technology Data Exchange (ETDEWEB)

    None

    1978-04-01

    The ANL Energy and Environmental Systems Division has undertaken studies of implementation mechanisms and commercialization prospects for ''integrated community energy systems.'' Real Estate Research Corp. was commissioned to formulate marketing strategies appropriate to the implementation of ICES in the U.S. Objectives of this assignment are to: assist ICES program managers in formulating market strategies for the acceptance and widespread application of ICES systems; provide sufficient background information on the processes of development so that marketing strategies can be suitably tailored to particular concerns and characteristics of development projects; establish an information system for identifying areas, subareas, sites, or projects with substantial growth and development activity, as potential candidates for the application of ICES; test the information system to determine its potential usefulness for identifying candidate sites; and provide recommendations on strategies and techniques that might be used in a comprehensive marketing program for application of ICES systems. Chapter 2 presents information on the development process, which is used as a framework for other elements of the report. The project information system for identifying candidate projects for ICES applications is described in Chapter 3, and that system is subjected to a limited test and evaluation in Chapter 4. Description of the characteristics of development process appears in Chapter 5, and discussion of the formulation of marketing strategies in Chapter 6, and presentation of marketing techniques as part of an ICES marketing program in Chapter 7.

  20. 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.)

  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. 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.

  3. 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.

  4. Volatility spillover across energy indices of the stock markets

    Directory of Open Access Journals (Sweden)

    Marius Acatrinei

    2015-06-01

    Full Text Available The paper will use a MSGARCH model to analyze how are transmitted the sudden changes in volatility transmission from the energy market across several energy indices including Romania. In addition to the GARCH models, the class of Markov-switching GARCH (MSGARCH may provide an early warning indication of changes in the conditional volatility. We use daily closing data spanning a ten year period in order to capture the dependencies and sensitivities of energy related equity sector.

  5. Geothermal energy market potential in industrial processing

    Energy Technology Data Exchange (ETDEWEB)

    Schultz, R.J.; Hanny, J.A.; Knuth, W.H.

    1978-11-01

    Geothermal energy is currently being used for a number of industrial processes in countries throughout the world. Its application in the United States is mainly limited to space heating even though the temperature of the geothermal fluid is sufficient for process uses, and could be sold at attractive prices while maintaining a high return on investment. The temperature span for industrial use ranges from 40 to 275/sup 0/C, thus encompassing both the abundant low temperature and the less available high temperature resources. Hydrothermal fluids can be used either directly or indirectly dependent upon fluid quality and process needs. The barriers facing hydrothermal industrial process development are (a) the development infrastructure does not exist, (b) energy users are not aware of hydrothermal energy and its advantages, (c) federal incentives are limited, (d) resources are not fully defined.

  6. Telecommunications Liberalisation in Africa: Proposed Regulatory Model for the SADC Region

    Directory of Open Access Journals (Sweden)

    Z. Ntozintle Jobodwana

    2009-12-01

    Full Text Available The liberalisation of the telecommunication industry in Africa, and the further development of the region’s physical infrastructure was accompanied by the further development of Africa’s information, communication and technology infrastructure. Competition within the industry stimulated heavy economic investment in other sectors of the economy. The outcome of liberalisation also included the establishment of community-based structures that continue to enable communities to manage their own development and gain access to information and communication technologies (ICTs in an unprecedented manner. The telecommunication infrastructure further stimulated the fast development of other related services, for example, e-commerce and mobile commerce (m-commerce, e-government, internet banking, mobile banking etcetera. Latest reports and statistics disclose that in Africa m-commerce is set to even overtake the development of e-commerce, through the popular use and penetration of mobile telephony whilst e-commerce development is constrained by difficulties in rolling out speedily fixed telephone lines. These new methods of communication have so intensified that there is hope that further penetration of mobile telephony would leap-frog economic growth and development in Africa, especially in rural communities. Therefore, innovations and investment in ICT’s are changing the world in a number of ways, resulting in a globally connected digital economy.  However, there are regulatory challenges that need to be addressed as a matter of urgency. Certain sections of the continent’s population, especially those in rural areas, have very limited access to ICT’s. This prevents them from exploiting opportunities offered by ICT’s. The main barriers to ICT access relate to inadequate regimes and their supporting legal frameworks, high cost of internet access, connectivity problems, the lack of technical skills to support

  7. Energy disclosure, market behavior, and the building data ecosystem.

    Science.gov (United States)

    Kontokosta, Constantine E

    2013-08-01

    Energy disclosure laws represent one of the most promising public policy tools to accelerate market transformation around building energy efficiency. For this type of information to have an impact on market behavior, it must be collected, analyzed, and disseminated to support the decision-making processes of each end user and influence both the producers and consumers of building performance data. This paper explores the significance of energy disclosure requirements and outlines a framework for utilizing these new sources of transparent, publicly available information. It presents the mechanisms by which information can alter market behavior in the commercial real estate sector and develops a wiring diagram for the flows of information through the building data ecosystem. It concludes with a discussion of the motivations, metrics, and constraints faced by the various stakeholders in the ecosystem and how these factors influence investment decision models.

  8. 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.

  9. 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.

  10. Finding attractive markets for the educational programs of the Energy Delta Institute (EDI) : Market research in three European regions

    NARCIS (Netherlands)

    Meijerhof, Jos

    2005-01-01

    The Energy Delta Institute, a provider of courses on many subjects related to natural gas, wants to know the market potential of the different national natural gas markets and market players in three European regions. This research uses data about thirty-nine national natural gas markets to make a

  11. Finding attractive markets for the educational programs of the Energy Delta Institute (EDI) : Market research in three European regions

    NARCIS (Netherlands)

    Meijerhof, Jos

    2005-01-01

    The Energy Delta Institute, a provider of courses on many subjects related to natural gas, wants to know the market potential of the different national natural gas markets and market players in three European regions. This research uses data about thirty-nine national natural gas markets to make a r

  12. Stringent regulation of the power and gas market in the EU. Suggestions of the commission for a third guideline package; Verschaerfte Regulierung der Strom- und Gasmaerkte in der EU.. Vorschlaege der Kommission fuer ein 3. Richtlinienpaket

    Energy Technology Data Exchange (ETDEWEB)

    Neveling, S. [Bundesnetzagentur, Bonn (Germany). Referat Zugang zu Gasfernleitungsnetzen und Internationaler Gashandel

    2008-02-15

    The competition in the energy market does not start. Therefore, in September, 2007 designs for a third guideline package were submitted for the further liberalisation of the power and gas markets. The quintessential points of this guideline package are stringent rules for ownership unbundling, a stabilization of the national regulation authorities as well as the creation of a European regulation authority, a new European investment planning of power grids and a monitoring of the energy trade. The author of the contribution under consideration gives an overview of the substantial reorganizations including a first evaluation.

  13. Performance Contracting and Energy Efficiency in the State Government Market

    Energy Technology Data Exchange (ETDEWEB)

    Bharvirkar, Ranjit; Goldman, Charles; Gilligan, Donald; Singer, Terry E.; Birr, David; Donahue, Patricia; Serota, Scott

    2008-11-14

    There is growing interest in energy efficiency (EE) among state policymakers as a result of increasing environmental concerns, rising electricity and natural gas prices, and lean economic times that motivate states to look more aggressively for cost-saving opportunities in public sector buildings. One logical place for state policymakers to demonstrate their commitment to energy efficiency is to 'lead by example' by developing and implementing strategies to reduce the energy consumption of state government facilities through investments in energy efficient technologies. Traditionally, energy efficiency improvements at state government facilities are viewed as a subset in the general category of building maintenance and construction. These projects are typically funded through direct appropriations. However, energy efficiency projects are often delayed or reduced in scope whereby not all cost-effective measures are implemented because many states have tight capital budgets. Energy Savings Performance Contracting (ESPC) offers a potentially useful strategy for state program and facility managers to proactively finance and develop energy efficiency projects. In an ESPC project, Energy Service Companies (ESCOs) typically guarantee that the energy and cost savings produced by the project will equal or exceed all costs associated with implementing the project over the term of the contract. ESCOs typically provide turnkey design, installation, and maintenance services and also help arrange project financing. Between 1990 and 2006, U.S. ESCOs reported market activity of {approx}$28 Billion, with about {approx}75-80% of that activity concentrated in the institutional markets (K-12 schools, colleges/universities, state/local/federal government and hospitals). In this study, we review the magnitude of energy efficiency investment in state facilities and identify 'best practices' while employing performance contracting in the state government sector. The

  14. Renewable energy sources offering flexibility through electricity markets

    DEFF Research Database (Denmark)

    Soares, Tiago

    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...... 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...... of future energy and reserve markets. Towards a power system based on distributed energy resources, mainly comprising renewable sources, new operation and management of distribution systems needs to be thought of. In fact, the existing passive distribution grid management does not provide the flexibility...

  15. Literature review of market studies of thermal energy storage

    Energy Technology Data Exchange (ETDEWEB)

    Hattrup, M.P.

    1988-02-01

    This report presents the results of a review of market studies of thermal energy storage (TES). This project was conducted by Pacific Northwest Laboratory (PNL) for the US Department of Energy (DOE). PNL staff reviewed and consolidated the findings of existing TES market studies conducted in the industrial, commercial, and residential sectors. The purpose of this project was to review and assess previous work and to use the information obtained to help provide direction for future technology transfer planning activities and to identify additional economic research needed within those three sectors. 37 refs.

  16. 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.

  17. 75 FR 57911 - Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc.

    Science.gov (United States)

    2010-09-23

    ... Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc. AGENCY: Office of Electricity..., Inc. (GSEMNA) has applied for authority to transmit electric energy from the United States to Canada... received an application from GSEMNA for authority to transmit electric energy from the United States...

  18. 75 FR 57912 - Application To Export Electric Energy; Rainbow Energy Marketing Corporation

    Science.gov (United States)

    2010-09-23

    ... Application To Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity... Corporation (Rainbow) has applied for authority to transmit electric energy from the United States to Mexico... received an application from Rainbow for authority to transmit electric energy from the United States...

  19. 75 FR 78980 - Application to Export Electric Energy; Direct Energy Marketing, Inc.

    Science.gov (United States)

    2010-12-17

    ... Application to Export Electric Energy; Direct Energy Marketing, Inc. AGENCY: Office of Electricity Delivery.... (DEMI) has applied to renew its authority to transmit electric energy from the United States to Canada... to transmit electric energy from the United States to Canada for a two-year term as a power...

  20. 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.

  1. 75 FR 5782 - Noble Energy Marketing and Trade Corporation; Supplemental Notice That Initial Market-Based Rate...

    Science.gov (United States)

    2010-02-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Noble Energy Marketing and Trade Corporation; Supplemental Notice That.... This is a supplemental notice in the above-referenced proceeding of Noble Energy Marketing and...

  2. 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.

  3. Natural gas market - Market opening in Switzerland and a selection of European Union countries; Erdgasmarkt Schweiz. Ermittlung des Bedarfs einer Marktoeffnung aus der Sicht der Akteure und Analyse der Marktoeffnung in ausgewaehlten EU-Laendern

    Energy Technology Data Exchange (ETDEWEB)

    Wild, J.; Vaterlaus, S.; Worm, H.; Spielmann, Ch. [Plaut Economics, Regensdorf (Switzerland); Finger, M. [Swiss Federal Institute of Technology (EPFL), Lausanne (Switzerland)

    2007-02-15

    This comprehensive report for the Swiss Federal Office of Energy (SFOE) takes a look at the situation in Switzerland and Europe as far as the liberalisation of the natural gas market is concerned. Comparisons are made between the situation for natural gas and electricity markets. The report discusses the economical and technical characteristics of the gas business such as gas sources, transport, storage and trading as well as the associated investment risks. The gas and electricity supply systems are compared from the supply and demand viewpoints and as far as trading and the increasing of efficiency are concerned. The Swiss gas market is compared with those of selected European countries. Market structures and regulatory aspects are examined and the resulting effects on the market and gas prices are reviewed. The effects of market opening are discussed from both the supplier and consumer points of view.

  4. 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.

  5. Mergers and acquisitions - an empirical analysis of the German energy sector; Mergers and Acquisitions. Eine empirische Analyse der Energieindustrie in Deutschland

    Energy Technology Data Exchange (ETDEWEB)

    Misirlioglu, Cem [Technische Univ. Berlin (Germany). Fachgebiet Innovationsoekonomie

    2013-07-15

    Growth strategies have become an essential component of corporate planning since the onset of market liberalisation and deregulation. The present article analyses the use of mergers and acquisitions as an external market strategy (M and A) in the period from 2000 until 2010. It transpires that the development of M and A has gained momentum and will probably see even greater dynamism in the future as a result of changing political framework conditions as well as further developments in the market for conventional and renewable energies.

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

    DEFF Research Database (Denmark)

    Zakeri, Behnam; Virasjoki, Vilma; Syri, Sanna

    2016-01-01

    The EU energy policy aims at creating a single European electricity market through market couplings and grid expansions. To analyse the implications of such power market couplings, we propose a market-based multi-region energy system model. The model simulates a multi-region power market (by...... applying market optimization and network theory), with detailed representation of each region as an energy system (by simulation of both heat and power sectors). We examine the impact of further integration of variable renewable energy (VRE) in Germany on the Nordic power market. The results indicate...... that the average electricity price slightly grows in the Nordic power market after Germany's Energy Transition (Energiewende). Hence, the economic surplus of Nordic consumers diminishes while Nordic producers improve their gain under new market conditions. Considering the gird congestion income, the overall system...

  7. The North American Market For Renewable Energy Certificates, 6. edition

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-10-15

    The report provides a study of the Renewable Energy Certificate (REC) market and takes a comprehensive look at what RECs are, how they work, the role they can play in spurring renewable energy development, the different models for implementing RECs, current offerings of REC suppliers, and customer purchases of RECs. Topics covered include: an overview of green power; definition of what RECs are and how they work; discussion of the history of RECs and their uses; explanation of the benefits of RECs and the challenges they face; discussion of how RECs interact with Renewable Portfolio Standards; discussion of the REC certification process; overview of the current market for RECs in the U.S.; profiles of major North American REC tracking systems; and, profiles of 40 key North American REC market participants.

  8. 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.

  9. Energy markets, US energy policy, and the terrorist attacks of 11 September 2001

    Energy Technology Data Exchange (ETDEWEB)

    Luis A. Sosa; Daniel J. Desnyder [Colorado School of Mines (USA). Division of Economics and Business, Department of Petroleum Engineering

    2003-09-01

    The terrorist attacks of 11 September 2001 reinvigorated the debate over US energy policy initiated by the publication of the National Energy Policy Report (NEPR) of May 2001. US policymakers were aware of the importance of diversification and market risk management, but judged an expansion of domestic production could insulate the US from price shocks. The attacks called attention to the high petroleum intensity of the American economy, led to increases in costs associated with doing business in the oil patch, highlighted the fundamental security problem inherent in oil markets, and probably stymied a nascent recovery. Global energy markets were rattled but not rocked - a result of the preexisting economic downturn and determined market intervention. A review of the changes in US energy strategy since 11 September 2001 suggests cool heads blocked an emotional, short-run policy response and are instead working to diversify America's energy supply portfolio.

  10. 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.

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

    Science.gov (United States)

    Coopersmith, Jonathan

    2010-05-01

    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.

  12. 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.

  13. 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.

  14. 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.)

  15. Achieving energy security through integrated Canadian-American markets

    Energy Technology Data Exchange (ETDEWEB)

    Moens, A. [Fraser Inst., Vancouver, BC (Canada); Rastin, T.; O' Keefe, G. [Simon Fraser Univ., Burnaby, BC (Canada)

    2006-07-01

    The oil and gas sector in the United States and Canada has become increasingly integrated over the last 2 decades, and competitive market forces have displaced attempts at government intervention in both countries. Regulatory measures in both countries are often geared to optimize free-market exchanges. As a result, trade in oil, gas, and electricity is flourishing between Canada and the United States. This paper argued that the relationship between the United States and Canada is under increasing pressure to change. In Canada, energy nationalism and the rising importance of Alberta's oil sands deposits may cause other regions to look at political methods to redistribute wealth or redirect trade flows. The extraction methods used by the oil sands industry as well as Arctic, offshore oil and coalbed methane (CBM) industries are more detrimental to the environment than traditional methods of energy source development, and may attract critics who will call for freezes on production and excessive government intervention. Data on energy production, consumption and trade in North America was provided as well as a history of the evolution of market and regulatory conditions. Challenges and opportunities in the oil and gas sector were outlined. It was recommended that governments in both countries emphasize their commitment to market-based solutions and attempt to remove uncertainties arising from environmental restrictions and First Nations claims. 104 refs.

  16. Advanced Modeling of Renewable Energy Market Dynamics: May 2006

    Energy Technology Data Exchange (ETDEWEB)

    Evans, M.; Little, R.; Lloyd, K.; Malikov, G.; Passolt, G.; Arent, D.; Swezey, B.; Mosey, G.

    2007-08-01

    This report documents a year-long academic project, presenting selected techniques for analysis of market growth, penetration, and forecasting applicable to renewable energy technologies. Existing mathematical models were modified to incorporate the effects of fiscal policies and were evaluated using available data. The modifications were made based on research and classification of current mathematical models used for predicting market penetration. An analysis of the results was carried out, based on available data. MATLAB versions of existing and new models were developed for research and policy analysis.

  17. 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...

  18. Petroleum marketing in Africa. Issues in pricing, taxation and investment

    Energy Technology Data Exchange (ETDEWEB)

    Bhagavan, M.R. [ed.

    1999-07-01

    This four part book examines and compares the liberalised petroleum marketing in Kenya with petroleum marketing in Ethiopia which has just begun the transition from state control to liberalisation. The petroleum sub-sector in both countries is put into context, and petroleum pricing and taxation issues, financing, marketing issues and policy are reviewed, and policy recommendations for both countries are given. The comparative analysis of the Ethiopian and Kenyan situations presented highlights some lessons for sub-Saharan Africa. Information and statistics on petroleum, marketing, and investment in sub-Saharan Africa are given in the appendix. (UK)

  19. Clean Energy Policies Analysis: The Role of Policy in Clean Energy Market Transformation (Presentation)

    Energy Technology Data Exchange (ETDEWEB)

    Doris, E.

    2010-11-01

    This presentation was written and presented by Elizabeth Doris (NREL) at the November 17 TAP Webinar to provide background detail about how state policies are transforming the clean energy market in different regions of the country.

  20. Analysis of the Chinese Market for Building Energy Efficiency

    Energy Technology Data Exchange (ETDEWEB)

    Yu, Sha; Evans, Meredydd; Shi, Qing

    2014-03-20

    China will account for about half of the new construction globally in the coming decade. Its floorspace doubled from 1996 to 2011, and Chinese rural buildings alone have as much floorspace as all of U.S. residential buildings. Building energy consumption has also grown, increasing by over 40% since 1990. To curb building energy demand, the Chinese government has launched a series of policies and programs. Combined, this growth in buildings and renovations, along with the policies to promote green buildings, are creating a large market for energy efficiency products and services. This report assesses the impact of China’s policies on building energy efficiency and on the market for energy efficiency in the future. The first chapter of this report introduces the trends in China, drawing on both historical analysis, and detailed modeling of the drivers behind changes in floorspace and building energy demand such as economic and population growth, urbanization, policy. The analysis describes the trends by region, building type and energy service. The second chapter discusses China’s policies to promote green buildings. China began developing building energy codes in the 1980s. Over time, the central government has increased the stringency of the code requirements and the extent of enforcement. The codes are mandatory in all new buildings and major renovations in China’s cities, and they have been a driving force behind the expansion of China’s markets for insulation, efficient windows, and other green building materials. China also has several other important policies to encourage efficient buildings, including the Three-Star Rating System (somewhat akin to LEED), financial incentives tied to efficiency, appliance standards, a phasing out of incandescent bulbs and promotion of efficient lighting, and several policies to encourage retrofits in existing buildings. In the third chapter, we take “deep dives” into the trends affecting key building components

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

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2011-09-15

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

  2. Impact of global financial crisis on stylized facts between energy markets and stock markets

    Science.gov (United States)

    Leng, Tan Kim; Cheong, Chin Wen; Hooi, Tan Siow

    2014-06-01

    Understanding the stylized facts is extremely important and has becomes a hot issue nowadays. However, recent global financial crisis that started from United States had spread all over the world and adversely affected the commodities and financial sectors of both developed and developing countries. This paper tends to examine the impact of crisis on stylized facts between energy and stock markets using ARCH-family models based on the experience over 2008 global financial crisis. Empirical results denote that there is long lasting, persists and positively significant the autocorrelation function of absolute returns and their squares in both markets for before and during crisis. Besides that, leverage effects are found in stock markets whereby bad news has a greater impact on volatility than good news for both before and during crisis. However, crisis does not indicate any impact on risk-return tradeoff for both energy and stock markets. For forecasting evaluations, GARCH model and FIAPARCH model indicate superior out of sample forecasts for before and during crisis respectively.

  3. Into the twenty-first century: harmonizing energy policy, environment, and sustainable economic growth. Conference proceedings

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-31

    59 papers are presented under the following headings: energy and environment - roundtable on East Europe; policy issues - automobiles and the environment; empirical studies of energy-efficient behaviour; electric power and economic development; energy prices and aggregate economic behaviour; energy policy; oil and gas issues; electricity; economic development and the environment; energy and the environment; automobile use of gasoline and alternative fuels; energy markets and policy in Russia and the Baltics; balancing emissions reductions and economic growth - regional studies; frontiers in energy modelling; natural gas markets; economic liberalisation and political reform - the impact on energy; greenhouse gas policy in developing economics; evaluation of utility demand-side management programs; consequences of electricity policy reform; regional efficiency of energy use; oil reserves, taxation and wealth; risks and rents in electric power; and estimating energy demand behaviour.

  4. Nuclear-Renewable Energy Systems Secondary Product Market Analysis Study

    Energy Technology Data Exchange (ETDEWEB)

    Deason, Wesley Ray [Idaho National Lab. (INL), Idaho Falls, ID (United States)

    2015-06-01

    In order to properly create a program surrounding the development of any technological concept it is necessary to fully understand the market in which it is being developed. In the case of Integrated Nuclear-Renewable Hybrid Energy Systems (HES), there are two economic markets in which it must be able to participate in: the electricity market and the secondary product market associated with the specific system. The purpose of the present report is to characterize the secondary product market in the U.S. and to provide recommendations for further developing the HES program. While HESs have been discussed in depth in many other reports, it is helpful to discuss them briefly in the present work [REF]. The concept of the HES can be deduced to a system, featuring a combination of a nuclear power plant, a renewable energy source, and an industrial manufacturing plant . The system is designed in a fashion that allows it either to produce electricity or to manufacture a secondary product as needed. The primary benefit of this concept lies in its ability to maximize economic performance of the integrated system and to manufacture products in a carbon-free manner. A secondary benefit is the enhanced supply-side flexibility gained by allowing the HES to economically provide grid services. A key tenant to nuclear power plant economics in today’s electricity market is their ability to operate at a very high capacity factor. Unfortunately, in regions with a high penetration of renewable energy, the carbon free energy produced by nuclear power may not be needed at all times. This forces the nuclear power plant to find a user for its excess capacity. This may include paying the electric grid to find a user, releasing energy to the environment by ‘dumping steam’, or reducing power. If the plant is unable to economically or safely do any of these actions, the plant is at risk of being shutdown. In order to allow for nuclear power plants to continue to contribute carbon free

  5. Energy brands lack vitality; Energiemerken ontberen vitaliteit

    Energy Technology Data Exchange (ETDEWEB)

    Godri, S.; Wilders, E. [CONSULT Brand Strategy, Y and R Advertising, Amsterdam (Netherlands)

    2004-06-01

    The three Dutch energy companies (Nuon, Essent and Eneco Energie) have relatively little brand strength. The brands are not perceived to be sufficiently different from one another and are not valued by consumers. With liberalisation imminent, this is hardly a strong starting point. How can you win over consumers if it is not clear what is on offer? In the business market, decision-makers are better placed to distinguish between brands. However, the brands lack vitality in this sector of the market too. The only consolation is that the situation is by no means exclusive to the Netherlands. [Dutch] De merksterkte van de drie Nederlandse energiebedrijven Nuon, Essent en Eneco Energie, is gering. De energiemerken onderscheiden zich niet genoeg en missen waardering. Met het oog op de aanstaande liberalisering geen goede uitgangspositie. Hoe kun je consumenten voor je winnen als onduidelijk is waarvoor ze moeten kiezen? Op de zakelijk markt zijn de beslissers beter in staat om de merken te onderscheiden. Maar ook hier missen de energiemerken vitaliteit. Een troost: Nederlandse energiebedrijven zijn niet de enige met dit probleem.

  6. 76 FR 6128 - Energy Exchange International, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2011-02-03

    ...-000] Energy Exchange International, LLC; Supplemental Notice That Initial Market-Based Rate Filing... the above-referenced proceeding Energy Exchange International, LLC's application for market-based rate...

  7. Fair division of costs in green energy markets

    DEFF Research Database (Denmark)

    Hougaard, Jens Leth; Kronborg, Dorte; Smilgins, Aleksandrs

    2017-01-01

    This paper considers cost allocation in networks where agents are characterized by stochastic demand and supply of a non-storable good, e.g. green energy. The grid itself creates possibilities of exchanging energy between agents and we propose to allocate common costs in proportion to the economic...... gain of being part of the grid. Our model includes a set of fundamental requirements for the associated trading platform. In particular, it is argued that a suitable mechanism deviates from a traditional market. The approach is illustrated by simulations....

  8. The branding of energy services: A consumer goods approach to marketing energy services

    Energy Technology Data Exchange (ETDEWEB)

    Hirsch, G.M. [Macro International, Calverton, MD (United States); Gartman, H. [Macro International, Calverton, MD (United States); Paterson, S. [Macro International, New York, NY (United States); Gill, M. [Michael Gates Gill and Friends, Norfolk, CT (United States)

    1996-11-01

    Historically, utilities operated as regulated monopolies with little concern about competition. Consumers had little choice among energy suppliers. Companies providing energy efficiency services used rebates, grants, and other funds to help market products and services. Utility competition is poised to displace regulation and most financial assistance programs are gone or shrinking. Energy projects will compete for funding on an equal footing with other investments. To compete successfully, energy and energy services will need distinct brand identities that clearly convey a memorable promise of benefits to the target audience. This identity must be unique enough to differentiate a company and its products from that of its competitors. Macro International has recently helped two clients brand energy products. We will discuss the benefits of branding products in an emerging energy market using these two cases as examples: alternative fuel vehicles (AFVs) and industrial motors efficiency programs.

  9. A Multi-Scale Energy Demand Model suggests sharing Market Risks with Intelligent Energy Cooperatives

    NARCIS (Netherlands)

    Methenitis, G.; Kaisers, M.; La Poutré, J.A.

    2015-01-01

    In this paper, we propose a multi-scale model of energy demand that is consistent with observations at a macro scale, in our use-case standard load profiles for (residential) electric loads. We employ the model to study incentives to assume the risk of volatile market prices for intelligent energy c

  10. Geothermal energy and the utility market -- the opportunities and challenges for expanding geothermal energy in a competitive supply market: Proceedings

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    Each year the Geothermal Division of the US Department of Energy conducts an in-depth review of its entire geothermal R D program. The conference serves several purposes: a status report on current R D activities, an assessment of progress and problems, a review of management issues, and a technology transfer opportunity between DOE and the US geothermal city. This year's conference, Program Review X, was held in San Francisco on March 24--26, 1992. The theme of the review, Geothermal Energy and the Utility Market -- The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market,'' focused on the needs of the electric utility sector. Geothermal energy, with its power capacity potential of 10 GWe by the year 2010, can provide reliable, enviromentally clean electricity which can help offset the projected increase in demand. Program Review X consisted of seven sessions including an opening session with presentations by Mr. Vikram Budhraja, Vice President of System Planning and Operations, Southern California Edison Company, and Mr. Richard Jaros, President and Chief Operating Officer, California Energy Company. The six technical sessions included presentations by the relevant field researchers covering DOE-sponsored R D in hydrothermal, hot dry rock, and geopressured energy. Individual projects are processed separately for the data bases.

  11. 77 FR 11515 - Application to Export Electric Energy; NRG Power Marketing LLC

    Science.gov (United States)

    2012-02-27

    ... Application to Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ] ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has... would be surplus energy purchased from electric utilities and Federal power marketing agencies...

  12. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

    Energy Technology Data Exchange (ETDEWEB)

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

    2011-10-01

    The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

  13. Nonlinear analysis and dynamic structure in the energy market

    Science.gov (United States)

    Aghababa, Hajar

    This research assesses the dynamic structure of the energy sector of the aggregate economy in the context of nonlinear mechanisms. Earlier studies have focused mainly on the price of the energy products when detecting nonlinearities in time series data of the energy market, and there is little mention of the production side of the market. Moreover, there is a lack of exploration about the implication of high dimensionality and time aggregation when analyzing the market's fundamentals. This research will address these gaps by including the quantity side of the market in addition to the price and by systematically incorporating various frequencies for sample sizes in three essays. The goal of this research is to provide an inclusive and exhaustive examination of the dynamics in the energy markets. The first essay begins with the application of statistical techniques, and it incorporates the most well-known univariate tests for nonlinearity with distinct power functions over alternatives and tests different null hypotheses. It utilizes the daily spot price observations on five major products in the energy market. The results suggest that the time series daily spot prices of the energy products are highly nonlinear in their nature. They demonstrate apparent evidence of general nonlinear serial dependence in each individual series, as well as nonlinearity in the first, second, and third moments of the series. The second essay examines the underlying mechanism of crude oil production and identifies the nonlinear structure of the production market by utilizing various monthly time series observations of crude oil production: the U.S. field, Organization of the Petroleum Exporting Countries (OPEC), non-OPEC, and the world production of crude oil. The finding implies that the time series data of the U.S. field, OPEC, and the world production of crude oil exhibit deep nonlinearity in their structure and are generated by nonlinear mechanisms. However, the dynamics of the non

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2009-07-01

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

  15. Shale gas. Opportunities and challenges for European energy markets

    Energy Technology Data Exchange (ETDEWEB)

    De Joode, J.; Plomp, A.J.; Ozdemir, O. [ECN Policy Studies, Petten (Netherlands)

    2013-02-15

    The outline of the presentation shows the following elements: Introduction (Shale gas revolution in US and the situation in the EU); What could be the impact of potential shale gas developments on the European gas market?; How may shale gas developments affect the role of gas in the transition of the power sector?; and Key messages. The key messages are (1) Prospects for European shale gas widely differ from US case (different reserve potential, different competition, different market dynamics); (2) Shale gas is unlikely to be a game changer in Europe; and (3) Impact of shale gas on energy transition in the medium and long term crucially depends on gas vs. coal prices and the 'penalty' on CO2 emissions.

  16. 78 FR 64207 - Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New...

    Science.gov (United States)

    2013-10-28

    ... Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New Brunswick Power... Power Generation Corporation, has applied to renew its authority to transmit electric energy from the... Generation Corporation, to transmit electric energy from the United States to Canada as a power marketer...

  17. Regulation of international energy markets: Economic effects of political actions

    Science.gov (United States)

    Shcherbakova, Anastasia V.

    Recent increases in volatility of energy prices have led many governments to reevaluate their regard of national energy reserves and reconsider future exploration, production, and consumption patterns. The flurry of activity that has been generated by such price volatility has included large-scale nationalizations of energy sectors, unilateral renegotiations of foreign energy development contracts, and expropriations of resources from foreign energy firms on one hand, and on the other hand more rapid energy sector liberalization, intensified search for and development of renewable fuels and technologies, and development of incentives for increased energy efficiency and conservation. The aim of this dissertation is to examine and quantify the extent of positive and negative effects that have resulted from some of these activities. The first chapter focuses on quantifying the effect that nationalistic sentiment has had on economic attractiveness of energy sectors during the decade prior to the recent global economic crisis, as measured by foreign direct investment (FDI) inflows. Empirical results demonstrate that both political and economic conditions play an important role in investors' decisions. A combination of investment friendliness, corruption levels, and democracy all help to explain the trends in energy-sector investment levels over time in my sample countries, although differences in the types of corruption existing in these nations do not. Investment levels, in turn, appear to influence future levels of oil production, underscoring the significance of good investment policies for future success of energy sectors. Chapter two considers the response of energy stock prices to severe regulatory actions. It employs an event study framework to examine causal effects of critical informational announcements (i.e. events of expropriation and nationalization) on daily returns and cumulative losses in firm value of energy corporations. Results show that a firm

  18. 75 FR 68607 - BP Canada Energy Marketing Corp. Apache Corporation; Notice for Temporary Waivers

    Science.gov (United States)

    2010-11-08

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission BP Canada Energy Marketing Corp. Apache Corporation; Notice for Temporary... Apache Corporation filed with the Federal Energy Regulatory Commission a Joint Petition for...

  19. 78 FR 40473 - Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2013-07-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market... in the above-referenced proceeding, of Plainfield Renewable Energy, LLC's application for...

  20. 77 FR 64980 - Chesapeake Renewable Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2012-10-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Chesapeake Renewable Energy LLC; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding of Chesapeake Renewable Energy LLC's application...

  1. Risø energy report 1. New and emerging technologies - options for the future

    DEFF Research Database (Denmark)

    Larsen, Hans Hvidtfeldt; Sønderberg Petersen, Leif

    2002-01-01

    All over the world, increasing energy consumption, liberalisation of energy markets and the need to take action on climate change are producing new challenges for the energy sector. At the same time there is increasing pressure for research, newtechnology and industrial products to be socially...... of trends for existing technologies and prospects for emerging technologies. This is the background for this first Risø Energy Report, which setsout the global, European and Danish energy scene together with trends in development and emerging technologies. The report is the first in a new series from Risø...... National Laboratory. The global energy developments are presented based on the latestavailable information from authoritative sources like IEA, WEC, World Energy Assessment etc. Some of the major challenges are presented in terms of the changing energy markets in all regions, the focus on environmental...

  2. Becoming a First Mover in Green Electricity Supply: Corporate Change Driven by Liberalisation and Climate Change

    NARCIS (Netherlands)

    Hofman, Peter S.

    2003-01-01

    This paper presents a study of a trend-setting company in the electricity sector in the Netherlands and its innovative response to the combined influence of liberalisation and climate change. The company became a first mover through its invention of the concept of green electricity and the developme

  3. Powering change in low-income energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Wilson, Emma; Garside, Ben

    2011-06-15

    Market-based interventions to improve access to energy rarely benefit the poorest, especially if they are driven by specific technologies or external agendas, such as climate change mitigation. Failure to understand local needs and preferences results in inappropriate goods and services and low uptake. Yet business can deliver low-carbon technologies to the 'bottom billion' and support sustainable development. To do so, they must work more closely with government agencies, development practitioners and local communities in designing and delivering products and services. Impact should be measured in terms of development benefits, not products sold or carbon emissions saved.

  4. The impact of a liberalisation law on legally induced abortion hospitalisations.

    Science.gov (United States)

    Gonçalves-Pinho, Manuel; Santos, João V; Costa, Antónia; Costa-Pereira, Altamiro; Freitas, Alberto

    2016-08-01

    Legal abortion based purely in maternal option without fetal/maternal pathology was liberalised in Portugal in 2007 and since then abortion rates have increased substantially. The aim of this paper was to study the impact of the liberalisation of abortion by maternal request on total legal abortion related hospitalisation trends. We considered hospitalisations of legal abortion (ICD-9-CM codes 635.x) with discharges from 2000 to 2014. Data was obtained from a Portuguese administrative database, which contains all registered public hospitalisations in mainland Portugal. Performed legal abortions during the same period were obtained from INE (National Statistics Institute). Hospitalisations per abortion were calculated by dividing the number of legal abortions hospitalisations per the number of legal abortions, mean ages, number of hospitalisations per age group, complications, admission type and length of stay were also analysed, throughout the study period. Hospitalisations rose during the study period, (from 618 episodes in 2000 to 1,259 in 2014, with a peak of 1,603 in 2010). Since the liberalisation law was passed there was a significant decrease in the number of hospitalisations per abortion: from 1.07 in 2000 to 0.11 in 2014 (pAbortion related hospitalisations are more frequent in women aged 25-39. A significant decrease from the emergent to the scheduled type of admission occurred from 2000 to 2014 (from 83.5% to 56.7% of emergent admissions) (pabortion have decreased, reflecting the major impact that the liberalisation of legal abortion by maternal request had on abortion trends nationwide. Before the liberalisation, each abortion led to approximately one hospitalisation while after the liberalisation this trend shifted to approximately 10% of the number of abortions. Legal abortion related hospitalisations are more frequent in women aged between 25 and 39 years old, an older age group when compared to the one registered in all cases of legal abortions

  5. WINS. Market Simulation Tool for Facilitating Wind Energy Integration

    Energy Technology Data Exchange (ETDEWEB)

    Shahidehpour, Mohammad [Illinois Inst. of Technology, Chicago, IL (United States)

    2012-10-30

    Integrating 20% or more wind energy into the system and transmitting large sums of wind energy over long distances will require a decision making capability that can handle very large scale power systems with tens of thousands of buses and lines. There is a need to explore innovative analytical and implementation solutions for continuing reliable operations with the most economical integration of additional wind energy in power systems. A number of wind integration solution paths involve the adoption of new operating policies, dynamic scheduling of wind power across interties, pooling integration services, and adopting new transmission scheduling practices. Such practices can be examined by the decision tool developed by this project. This project developed a very efficient decision tool called Wind INtegration Simulator (WINS) and applied WINS to facilitate wind energy integration studies. WINS focused on augmenting the existing power utility capabilities to support collaborative planning, analysis, and wind integration project implementations. WINS also had the capability of simulating energy storage facilities so that feasibility studies of integrated wind energy system applications can be performed for systems with high wind energy penetrations. The development of WINS represents a major expansion of a very efficient decision tool called POwer Market Simulator (POMS), which was developed by IIT and has been used extensively for power system studies for decades. Specifically, WINS provides the following superiorities; (1) An integrated framework is included in WINS for the comprehensive modeling of DC transmission configurations, including mono-pole, bi-pole, tri-pole, back-to-back, and multi-terminal connection, as well as AC/DC converter models including current source converters (CSC) and voltage source converters (VSC); (2) An existing shortcoming of traditional decision tools for wind integration is the limited availability of user interface, i.e., decision

  6. Real options and asset valuation in competitive energy markets

    Science.gov (United States)

    Oduntan, Adekunle Richard

    The focus of this work is to develop a robust valuation framework for physical power assets operating in competitive markets such as peaking or mid-merit thermal power plants and baseload power plants. The goal is to develop a modeling framework that can be adapted to different energy assets with different types of operating flexibilities and technical constraints and which can be employed for various purposes such as capital budgeting, business planning, risk management and strategic bidding planning among others. The valuation framework must also be able to capture the reality of power market rules and opportunities, as well as technical constraints of different assets. The modeling framework developed conceptualizes operating flexibilities of power assets as "switching options' whereby the asset operator decides at every decision point whether to switch from one operating mode to another mutually exclusive mode, within the limits of the equipment constraints of the asset. As a current decision to switch operating modes may affect future operating flexibilities of the asset and hence cash flows, a dynamic optimization framework is employed. The developed framework accounts for the uncertain nature of key value drivers by representing them with appropriate stochastic processes. Specifically, the framework developed conceptualizes the operation of a power asset as a multi-stage decision making problem where the operator has to make a decision at every stage to alter operating mode given currently available information about key value drivers. The problem is then solved dynamically by decomposing it into a series of two-stage sub-problems according to Bellman's optimality principle. The solution algorithm employed is the Least Squares Monte Carlo (LSM) method. The developed valuation framework was adapted for a gas-fired thermal power plant, a peaking hydroelectric power plant and a baseload power plant. This work built on previously published real options valuation

  7. Live marketing reinforces customer loyalty; Live-Marketing festigt die Loyalitaet der Bestandskunden

    Energy Technology Data Exchange (ETDEWEB)

    Stark, G. [Steinweg Inst., Koeln (Germany)

    2007-10-15

    The liberalisation of the energy markets has entered into its second round. New, aggressively operating providers have taken up position. It is not without reason that public utilities, under pressure as they already are from the deregulation authorities and unaccustomed public criticism, feel concern about the rapidly changing competitive situation. Nevertheless, there is no reason to panic. As long as power supply companies do not allow themselves to be lulled into a false sense of security by the much acclaimed customer development programmes but build on their specific strengths as local suppliers, they will even profit from customers' willingness to change supplier. Paradoxically the new competitive environment offers public utilities and regional suppliers markedly better development opportunities than it does new suppliers.

  8. 75 FR 75994 - Application To Export Electric Energy; NRG Power Marketing LLC

    Science.gov (United States)

    2010-12-07

    ... Application To Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has..., Federal power marketing agencies, and other entities within the United States. The existing...

  9. Technology, market and policy aspects of geothermal energy in Europe

    Science.gov (United States)

    Shortall, Ruth; Uihlein, Andreas

    2017-04-01

    The Strategic Energy Technology Plan (SET-Plan) is the technology pillar of the EU's energy and climate policy. The goal of the SET-Plan is to achieve EU worldwide leadership in the production of energy technological solutions capable of delivering EU 2020 and 2050 targets for a low carbon economy. The Joint Research Centre (JRC) runs and manages the SET-Plan Information System (SETIS) to support the SET-Plan. Under SETIS, the JRC publishes a number of regularly updated key references on the state of low carbon technology, research and innovation in Europe. Within the framework of the SET-Plan, the geothermal sector is placed into context with other power and heat generation technologies. The talk will give an introduction to some of JRC's geothermal research activities. Amongst others, the JRC Geothermal status report will be presented. This report aims to contribute to the general knowledge about the geothermal sector, its technology, economics and policies, with a focus on innovation, research, development and deployment activities as well as policy support schemes within the European Union. The speech will present the main findings of the report, providing an overview of the activities and progress made by the geothermal energy sector, the status of its sub-technologies and current developments. In addition, the speech will discuss the economic, market and policy aspects of geothermal energy for power production, direct use and ground source heat pumps in Europe and beyond.

  10. Marketing: an approach to successful energy-conservation information programs

    Energy Technology Data Exchange (ETDEWEB)

    Hutton, R. B.; McNeill, D. L.

    1980-08-01

    This monograph shows how the adoption of a marketing approach can improve the quality of the development and delivery of energy-conservation programs. Several factors make the use of such a marketing approach to conservation particularly beneficial, namely: (1) goals of conservation programs can be quantified (e.g., specified amount of energy to be saved); in addition, intermediate effects necessary for program success are also measureable (e.g., knowledge, attitude change, etc); (2) there is an apparent and increasing need for conservation by different parts (or sectors) of the population; however, it is clear that the desire for conservation is not the same for all sectors; (3) conservation programs can be thought of in much the same way as products with benefits and costs; this necessitates an understanding of how the population makes conservation decisions so that the program can fit into that decision process; (4) the need to tailor programs to the needs of the population is heightened by the general competition for the consumer dollar; it is necessary to design and present programs in a way that the individual will view conservation as an attractive choice among many (e.g., bank savings, buying clothes, furniture, car, etc.); and (5) the population's response to, and need for conservation is constantly changing; consequently, it is important to realize that these changes may need to be reflected in the conservation programs themselves (both ongoing and new).

  11. Urban Energy Generation and the Role of Cities

    DEFF Research Database (Denmark)

    Groth, Niels Boje; Fertner, Christian; Große, Juliane

    2016-01-01

    into the grid. Furthermore, through the ongoing liberalisation of energy markets and a subsequent change in the organisation structure of energy providers towards larger co-operations as well as the development of new technologies as ‘smart grid’-solutions, local authorities seem to lose further influence...... or continental grid; energy for heating, if related to district heating systems or the use of local/regional resources for its generation (e.g. biomass, waste), has a more local or at least regional character. In the latter case, electricity might be a by-product of combined-heat-power plants, but still feeding...... on energy generation and distribution. However, contemporary focus on sustainable and efficient use of resources and energy at local level, mainstreaming of renewable energy production and ideas of urban energy harvesting put energy generation again on the local agenda. The role of cities can be twofold: (1...

  12. Integrated Energy Systems (IES) for Buildings: A Market Assessment

    Energy Technology Data Exchange (ETDEWEB)

    LeMar, P.

    2002-10-29

    Integrated Energy Systems (IES) combine on-site power or distributed generation technologies with thermally activated technologies to provide cooling, heating, humidity control, energy storage and/or other process functions using thermal energy normally wasted in the production of electricity/power. IES produce electricity and byproduct thermal energy onsite, with the potential of converting 80 percent or more of the fuel into useable energy. IES have the potential to offer the nation the benefits of unprecedented energy efficiency gains, consumer choice and energy security. It may also dramatically reduce industrial and commercial building sector carbon and air pollutant emissions and increase source energy efficiency. Applications of distributed energy and Combined heat and power (CHP) in ''Commercial and Institutional Buildings'' have, however, been historically limited due to insufficient use of byproduct thermal energy, particularly during summer months when heating is at a minimum. In recent years, custom engineered systems have evolved incorporating potentially high-value services from Thermally Activated Technologies (TAT) like cooling and humidity control. Such TAT equipment can be integrated into a CHP system to utilize the byproduct heat output effectively to provide absorption cooling or desiccant humidity control for the building during these summer months. IES can therefore expand the potential thermal energy services and thereby extend the conventional CHP market into building sector applications that could not be economically served by CHP alone. Now more than ever, these combined cooling, heating and humidity control systems (IES) can potentially decrease carbon and air pollutant emissions, while improving source energy efficiency in the buildings sector. Even with these improvements over conventional CHP systems, IES face significant technological and economic hurdles. Of crucial importance to the success of IES is the ability

  13. Economic expansion of the European renewable energy market in case of European Union law

    Directory of Open Access Journals (Sweden)

    Bilotskiy Sergiy Dmitrovich

    2014-12-01

    Full Text Available The aim of the article.The paper deals with current trends of the global energy market, signs of a crisis which determine the appearance of the market of renewable energy are revealed. Also comparative description of Ukrainian and European Renewable Energy Markets attractiveness is conducted, impact factors of state policy change in Energy Regulation of the European Union, in particular the development of the renewable energy sources, are analysed. The results of the analysis. Under the conditions of world economic globalization and the growing problem of energy crisis, the role of renewable energy is actualizing for finding in the growing demand of energy, which leads to the formation of a new market in the world economic system – renewable energy market. The initial phase of the market is characterized by the absence of intense competitive environment, the uncertainty of the major players in the market and unallotted market shares, what requires that Ukrainian producers of renewable energy can demonstrate the level of competitiveness in the international market. At the same time, for successfully entrance to the EU market it is needed depth study of legal aspects of economical activity of Ukrainian enterprises in the international market. Comparative analysis of the legal framework of Ukraine and the EU in the renewable energies industry led to positive conclusions about the attractiveness of the European market and let to identify the characteristics of the European Union. Conclusions and directions of further researches. Therefore, the construction of an entry strategy on the international market should pay great attention to aspects of international law to predict the political and legal risks of foreign market. The strategy of economic expansion is most effective in the present context of globalization of the world economy and can provide a quick entry to Ukrainian companies to the EU market and take their niche in it. In addition

  14. Exposure to digital marketing enhances young adults’ interest in energy drinks: An exploratory investigation

    National Research Council Canada - National Science Library

    Buchanan, Limin; Kelly, Bridget; Yeatman, Heather

    2017-01-01

    .... The impact of online food marketing on "digital native" young adults is unclear. This study examined the effects of online marketing on young adults' consumption behaviours, using energy drinks as a case example...

  15. Legal and economic aspects of Ukrainian enterprises activity at the European renewable energy market

    Directory of Open Access Journals (Sweden)

    Sergiy Bilotskiy

    2017-06-01

    Full Text Available The article deals with a current trend of the global energy market, which is characterized by rising tension in relations between the performers of the energy market regulation mechanisms, and it leads to the emergence of alternative energy sources. The article is called to identify the causes of renewable energy markets nascence, to make comparative description of Ukrainian and European Renewable Energy Markets attractiveness, and to characterize the state policy change in a renewable energy market. Different interpretation of nature and classification of the field of renewable energy in foreign and Ukrainian approaches shows the problem of legal criteria of renewable energy markets regulation. It is proved the existence of double barrier penetration of the European market for renewable energy for Ukrainian companies, which includes compliance with the accepted EU Directives and compliance with the Rules of each member individually. The presence of clearly defined standards and certificates of quality for the European market allows producers to show the competitiveness of Ukrainian products in the international market and stimulate Ukrainian manufacturers. The presence of clearly formulated laws, stable and balanced political and legal environment of the EU allows Ukrainian producers of renewable energy to develop such a strategy that considers the time factor, as the primary parameter of competitiveness in international business. The market of solid biofuels in EU is under formation, its development timeframe and uncertainty of environmental risks becoming is especially important for Ukrainian producers.

  16. Process orientation - an issue for the energy industry; Prozessorientierung - ein Thema fuer die Energiewirtschaft

    Energy Technology Data Exchange (ETDEWEB)

    Ross, A. [Horvath und Partner, Duesseldorf (Germany). Competence Center Utilities; Fink, C.A.; Krieger, A. [Horvath und Partner, Duesseldorf (Germany)

    2002-07-01

    The liberalisation of the energy markets and thus the increased level of competition have urgent utility companies to dramatically cut costs, reduce staff and dispose of plant capacities. New visions of management, such as continuous process management, are a means to further improve the efficiency of performance and above all to be more customer-oriented. [German] Die Oeffnung der Energiemaerkte und der durch sie induzierte Wettbewerbsdruck haben die Energieversorger zu drastischen Kostensenkungen und damit zu Einschnitten bei Personal- und Anlagenkapazitaeten gezwungen. Neue Leitbilder der Unternehmensfuehrung - wie das kontinuierliche Prozessmanagement - sind ein Schritt, um die eigene Leistungserbringung noch effizienter und vor allem kundenorientierter zu gestalten.

  17. 76 FR 30147 - Application of the Energy Planning and Management Program Power Marketing Initiative to the...

    Science.gov (United States)

    2011-05-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Western Area Power Administration Application of the Energy Planning and Management Program Power Marketing...-2017 remarketing efforts, the Energy Management and Planning Program (Program), and the Conformed...

  18. Financing clean energy market creation. Clean energy ventures, venture capitalists and other investors

    Energy Technology Data Exchange (ETDEWEB)

    Teppo, T. [Helsinki Univ. of Technology, Espoo (Finland). Development and Management in Industry

    2006-07-01

    Many factors have emerged for change towards cleaner and more efficient technologies and services: climate change, increasing oil demands, and rising living standards in many parts of the world are putting an ever-increasing strain on the environment. Recently, these drivers have fueled the formation of a clean energy venture capital market where both independent venture capitalists (VCs) and corporate venture capitalists (CVCs) have invested in clean energy start-ups. Financing of clean energy market creation is the focus of this dissertation. The dissertation contributes to several bodies of literature in the area of entrepreneurship, new industry creation, corporate venturing, and venture capital research. The dissertation uses a grounded theory approach. The study is guided by three data collection approaches with an emphasis on the first two. First, interviews with European and North American VC and CVC firms that have invested in the clean energy sector were carried out. Second, a clean energy venture financing survey that consisted of qualitative, essay-format questions and some quantitative questions was carried out. Third, interviews with clean energy stakeholders were carried out in order to gain a better understanding of the emerging sector. The research results consist of three main findings. First, the research results suggest that clean energy ventures face the following three main entrepreneurial challenges: financing, market education, and growth management. A further study of three clean energy industry categories revealed additional challenges that varied according to the industry development stage. Second, the results demonstrate that, from a venture capitalist perspective, clean energy venture risk characteristics can be divided into two groups: generally recognized risk characteristics and cognitive risk characteristics. The identified generally recognized risk characteristics were market demand and adaptation, incompatibility with the VC model

  19. Energy policies of IEA countries: Ireland 2007 review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    Ireland's remarkable economic growth over the last 15 years had strong effects on the energy sector. Due to rapidly increasing demand, Ireland has become much more dependent on international energy markets than it was in the past. For Irish energy policy, 2007 marks the end of the transition in market liberalisation with the introduction of a unified national electricity market. In addition, the publication of a new energy policy should help to ensure future security of supply and bring environmental improvements of energy use. Ireland is highly dependent on oil and increasingly dependent on natural gas. The price of these two commodities has strongly increased recently, which results in a heavy burden for the Irish economy and a risk for energy security. The main alternative in the supply side is coal and peat, which causes greenhouse gas emissions to rise much faster than expected. This review analyses the energy challenges facing Ireland and suggests solutions, focussing on moving ahead with market reform and increasing the energy efficiency of the Irish economy. Establishing the 'all-island' electricity market will be of critical importance. Sharper focus on energy efficiency in all sectors of the economy, but in particular in transport and buildings, must be a priority. Finally, to achieve its ambitious goals for renewables in energy supply, Ireland will have to provide ample resources for research and development, to allow technologies such as ocean power to move from the laboratory to the market. 23 figs., 26 tabs., 4 annexes

  20. Multivariate long memory processes: applications to the EDF producer problematic in the context of the european electricity market liberalization; Modelisation longue memoire multivariee: applications aux problematiques du producteur d'EDF dans le cadre de la liberalisation du marche europeen de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    Diongue, A.K

    2005-10-15

    Certain crucial financial time series, such as the interconnected european electricity market spot prices, exhibit long memory, in the sense of slowly decaying correlations combined with heteroskedasticity and periodic or none cycles. In modeling such behavior, we consider on one hand, the k factor GIGARCH process and additionally propose two methods to address the related parameter estimation problem. In each method, we explore the asymptotic theory for estimation. Moreover, the asymptotic properties are validated and compared via Monte Carlo simulations. On the other hand, we introduce a new multivariate long memory generalized model (k-factor MVGARMA) in order to model interconnected european electricity market spot prices. We suggest a practical framework to address the parameter estimation problem. We investigate the analytical expressions of the least squares predictors for the two proposed models and their confidence intervals. To finish, we apply the two proposed models to the french and german electricity market spot prices and a comparison is made between their forecasting abilities. (author)

  1. Market response to the public display of energy performance rating at property sales

    DEFF Research Database (Denmark)

    Jensen, Ole Michael; Hansen, Anders Rhiger; Kragh, Jesper

    2016-01-01

    Energy labels have generally received positive response from consumers and have moved the market for white goods and cars in the direction of more energy-efficient products. On the real estate market, it was expected that an energy label, rating the energy performance of a property based...... performance rating is fundamental for market response....... on a national energy performance certificate (EPC) might receive similar response. However, in Denmark no response to the energy performance rating was observed for 15 years. This was a surprise considering that Denmark was the first country to implement an A to G rating of the energy performance of buildings...

  2. Improving energy efficiency: Strategies for supporting sustained market evolution in developing and transitioning countries

    Energy Technology Data Exchange (ETDEWEB)

    Meyers, S.

    1998-02-01

    This report presents a framework for considering market-oriented strategies for improving energy efficiency that recognize the conditions of developing and transitioning countries, and the need to strengthen the effectiveness of market forces in delivering greater energy efficiency. It discusses policies that build markets in general, such as economic and energy pricing reforms that encourage competition and increase incentives for market actors to improve the efficiency of their energy use, and measures that reduce the barriers to energy efficiency in specific markets such that improvement evolves in a dynamic, lasting manner. The report emphasizes how different policies and measures support one another and can create a synergy in which the whole is greater than the sum of the parts. In addressing this topic, it draws on the experience with market transformation energy efficiency programs in the US and other industrialized countries.

  3. Carbon pricing, nuclear power and electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Cameron, R.; Keppler, J. H. [OECD Nuclear Energy Agency, 12, boulevard des Iles, 92130 Issy-les-Moulineaux (France)

    2012-07-01

    In 2010, the NEA in conjunction with the International Energy Agency produced an analysis of the Projected Costs of Electricity for almost 200 power plants, covering nuclear, fossil fuel and renewable electricity generation. That analysis used lifetime costs to consider the merits of each technology. However, the lifetime cost analysis is less applicable in liberalised markets and does not look specifically at the viewpoint of the private investor. A follow-up NEA assessment of the competitiveness of nuclear energy against coal- and gas-fired generation under carbon pricing has considered just this question. The economic competition in electricity markets is today between nuclear energy and gas-fired power generation, with coal-fired power generation not being competitive as soon as even modest carbon pricing is introduced. Whether nuclear energy or natural gas comes out ahead in their competition depends on a number of assumptions, which, while all entirely reasonable, yield very different outcomes. The analysis in this study has been developed on the basis of daily data from European power markets over the last five-year period. Three different methodologies, a Profit Analysis looking at historic returns over the past five years, an Investment Analysis projecting the conditions of the past five years over the lifetime of plants and a Carbon Tax Analysis (differentiating the Investment Analysis for different carbon prices) look at the issue of competitiveness from different angles. They show that the competitiveness of nuclear energy depends on a number of variables which in different configurations determine whether electricity produced from nuclear power or from CCGTs generates higher profits for its investors. These are overnight costs, financing costs, gas prices, carbon prices, profit margins (or mark-ups), the amount of coal with carbon capture and electricity prices. This paper will present the outcomes of the analysis in the context of a liberalised

  4. A game theoretic model of the Northwestern European electricity market-market power and the environment

    NARCIS (Netherlands)

    Lise, W.; Linderhof, V.G.M.; Kuik, O.; Kemfert, C.; Ostling, R.; Heinzow, T.

    2006-01-01

    This paper develops a static computational game theoretic model. Illustrative results for the liberalising European electricity market are given to demonstrate the type of economic and environmental results that can be generated with the model. The model is empirically calibrated to eight

  5. A game theoretic model of the Northwestern European electricity market-market power and the environment

    NARCIS (Netherlands)

    Lise, W.; Linderhof, V.G.M.; Kuik, O.; Kemfert, C.; Ostling, R.; Heinzow, T.

    2006-01-01

    This paper develops a static computational game theoretic model. Illustrative results for the liberalising European electricity market are given to demonstrate the type of economic and environmental results that can be generated with the model. The model is empirically calibrated to eight Northweste

  6. 76 FR 81487 - Application of the Energy Planning and Management Program Power Marketing Initiative to the...

    Science.gov (United States)

    2011-12-28

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Western Area Power Administration Application of the Energy Planning and Management Program Power Marketing...-2017 marketing efforts, the Energy Management and Planning Program (Program), and the Conformed General...

  7. Designing an Energy Drink: High School Students Learn Design and Marketing Skills in This Activity

    Science.gov (United States)

    Martin, Doug

    2008-01-01

    A decade ago, energy drinks were almost nonexistent in the United States, but in the past five years they've become wildly popular. In fact, the $3.4 billion energy-drink market is expected to double this year alone, and the younger generation is the market targeted by manufacturers. This article presents an energy-drink designing activity. This…

  8. Designing an Energy Drink: High School Students Learn Design and Marketing Skills in This Activity

    Science.gov (United States)

    Martin, Doug

    2008-01-01

    A decade ago, energy drinks were almost nonexistent in the United States, but in the past five years they've become wildly popular. In fact, the $3.4 billion energy-drink market is expected to double this year alone, and the younger generation is the market targeted by manufacturers. This article presents an energy-drink designing activity. This…

  9. 76 FR 19069 - Application to Export Electric Energy; Cargill Power Markets, LLC

    Science.gov (United States)

    2011-04-06

    ... Application to Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and... applied to renew its authority to transmit electric energy from the United States to Canada pursuant to... authorized CPM to transmit electric energy from the United States to Canada as a power marketer for a...

  10. IEA energy policies review: the European Union

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-09-04

    For the first time, the IEA has reviewed the energy policies of the European Union which shape the energy use of almost 500 million citizens in 27 EU member countries. A unique entity governed under complex and almost constantly evolving structures, the EU constitutes a challenge for energy policy makers. Its energy policy has a global impact, not only because of its 16% share of world energy demand, but also because of the EU leadership in addressing climate change. Strong policy drives are underway in the EU to achieve the completion of the internal energy market, increase renewable energy supply, reduce CO2 emissions and make the EU more energy-efficient. Concerns about security of supply have also led to a greater focus on improved energy relations with supplier countries, and new institutional structures are being put in place. How much progress has been made in the field of security, internal market and external energy policies? And in which of these areas has the EU already implemented a fully integrated policy? This publication addresses these questions and also analyses the impact of the most recent major EU policy measures, in particular the Energy and Climate Package of January 2008 and the 3rd Liberalisation Package of September 2007. This book finds that both of these proposals are highly ambitious. But implementing them and reviewing both volume and allocation of energy R and D will be necessary to achieve a sustainable energy future in a fully competitive integrated EU energy market.

  11. Marketing.

    Science.gov (United States)

    Doyle, Peter

    1987-01-01

    Explores the role of marketing in the modern firm and the key tasks of marketing management. Defines the term "marketing" and discusses it as an economic concept. Discusses three key marketing principals. (RKM)

  12. Sustainable design options for the German electricity market. A comparison of the energy-only market with capacity markets; Zukunftsfaehige Designoptionen fuer den deutschen Strommarkt. Ein Vergleich des Energy-only-Marktes mit Kapazitaetsmaerkten

    Energy Technology Data Exchange (ETDEWEB)

    Keles, Dogan; Renz, Lea; Bublitz, Andreas; Zimmermann, Florian; Genoese, Massimo; Fichtner, Wolf [Karlsruher Institut fuer Technologie, Karlsruhe (Germany). Lehrstuhl fuer Energiewirtschaft; Hoefling, Holger; Sensfuss, Frank; Winkler, Jenny [Fraunhofer-Institut fuer System- und Innovationsforschung (ISI), Karlsruhe (Germany)

    2016-04-01

    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.

  13. Post-neoliberal electricity market 're-reforms' in Argentina: Diverging from market prescriptions?

    Energy Technology Data Exchange (ETDEWEB)

    Haselip, James, E-mail: j.haselip@reading.ac.u [Department of Geography, School of Human and Environmental Sciences, University of Reading, Whiteknights, PO Box 227, Reading, Berkshire RG6 6AB (United Kingdom); Potter, Clive [Centre for Environmental Policy (CEP), Imperial College, Faculty of Natural Sciences, Imperial College London, South Kensington campus, London SW7 2AZ (United Kingdom)

    2010-02-15

    This paper focuses upon the policy and institutional change that has taken place within the Argentine electricity market since the country's economic and social crisis of 2001/2. As one of the first less developed countries (LDCs) to liberalise and privatise its electricity industry, Argentina has since moved away from the orthodox market model after consumer prices were frozen by the Government in early 2002 when the national currency was devalued by 70%. Although its reforms were widely praised during the 1990s, the electricity market has undergone a number of interventions, ostensibly to keep consumer prices low and to avert the much-discussed energy 'crisis' caused by a dearth of new investment combined with rising demand levels. This paper explores how the economic crisis and its consequences have both enabled and legitimised these policy and institutional amendments, while drawing upon the specifics of the post-neoliberal market 're-reforms' to consider the extent to which the Government appears to be moving away from market-based prescriptions. In addition, this paper contributes to sector-specific understandings of how, despite these changes, neoliberal ideas and assumptions continue to dominate Argentine public policy well beyond the postcrisis era.

  14. Post-neoliberal electricity market 're-reforms' in Argentina. Diverging from market prescriptions?

    Energy Technology Data Exchange (ETDEWEB)

    Haselip, James [Department of Geography, School of Human and Environmental Sciences, University of Reading, Whiteknights, PO Box 227, Reading, Berkshire RG6 6AB (United Kingdom); Potter, Clive [Centre for Environmental Policy (CEP), Imperial College, Faculty of Natural Sciences, Imperial College London, South Kensington campus, London SW7 2AZ (United Kingdom)

    2010-02-15

    This paper focuses upon the policy and institutional change that has taken place within the Argentine electricity market since the country's economic and social crisis of 2001/2. As one of the first less developed countries (LDCs) to liberalise and privatise its electricity industry, Argentina has since moved away from the orthodox market model after consumer prices were frozen by the Government in early 2002 when the national currency was devalued by 70%. Although its reforms were widely praised during the 1990s, the electricity market has undergone a number of interventions, ostensibly to keep consumer prices low and to avert the much-discussed energy 'crisis' caused by a dearth of new investment combined with rising demand levels. This paper explores how the economic crisis and its consequences have both enabled and legitimised these policy and institutional amendments, while drawing upon the specifics of the post-neoliberal market 're-reforms' to consider the extent to which the Government appears to be moving away from market-based prescriptions. In addition, this paper contributes to sector-specific understandings of how, despite these changes, neoliberal ideas and assumptions continue to dominate Argentine public policy well beyond the postcrisis era. (author)

  15. Relationships among energy price shocks, stock market, and the macroeconomy: evidence from China.

    Science.gov (United States)

    Cong, Rong-Gang; Shen, Shaochuan

    2013-01-01

    This paper investigates the interactive relationships among China energy price shocks, stock market, and the macroeconomy using multivariate vector autoregression. The results indicate that there is a long cointegration among them. A 1% rise in the energy price index can depress the stock market index by 0.54% and the industrial value-adding growth by 0.037%. Energy price shocks also cause inflation and have a 5-month lag effect on stock market, which may result in the stock market "underreacting." The energy price can explain stock market fluctuations better than the interest rate over a longer time period. Consequently, investors should pay greater attention to the long-term effect of energy on the stock market.

  16. Relationships among Energy Price Shocks, Stock Market, and the Macroeconomy: Evidence from China

    Directory of Open Access Journals (Sweden)

    Rong-Gang Cong

    2013-01-01

    Full Text Available This paper investigates the interactive relationships among China energy price shocks, stock market, and the macroeconomy using multivariate vector autoregression. The results indicate that there is a long cointegration among them. A 1% rise in the energy price index can depress the stock market index by 0.54% and the industrial value-adding growth by 0.037%. Energy price shocks also cause inflation and have a 5-month lag effect on stock market, which may result in the stock market “underreacting.” The energy price can explain stock market fluctuations better than the interest rate over a longer time period. Consequently, investors should pay greater attention to the long-term effect of energy on the stock market.

  17. Impact of APEC Trade Liberalisation on Sino-Australian Bilateral Trade

    OpenAIRE

    Yu Sheng

    2002-01-01

    This paper uses the global trade analysis project (GTAP) model to simulate the effect of APEC trade liberalisation on Sino-Australian bilateral trade. By comparing the development of Sino-Australian bilateral trade in the short run and the long run, the analysis depicts a whole set of bilateral trade determination mechanisms. The results indicate that, as economic cooperation within APEC increases, trade between Australia and China will increase, especially in agriculture and textiles. The bi...

  18. The World Trade Organization and financial stability: the balance between liberalisation and regulation in the GATs

    OpenAIRE

    Alexander, Kern

    2003-01-01

    The WTO General Agreement on Trade in Services and its Annex on Financial Services provide the international legal framework for the regulation of cross-border trade in financial services. This paper analyses some of the main provisions of the GATS and the Annex on Financial Services to determine its impact on domestic financial regulation and whether the GATS framework can achieve its objectives of liberalising international trade in financial services while allowing states to maintain adequ...

  19. Global fossil energy markets and climate change mitigation - an analysis with REMIND

    NARCIS (Netherlands)

    Bauer, Nico; Mouratiadou, Ioanna; Luderer, Gunnar; Baumstark, Lavinia; Brecha, Robert J.; Edenhofer, Ottmar; Kriegler, Elmar

    We analyze the dynamics of global fossil resource markets under different assumptions for the supply of fossil fuel resources, development pathways for energy demand, and climate policy settings. Resource markets, in particular the oil market, are characterized by a large discrepancy between costs

  20. Managing customer loyalty in liberalized residential energy markets: the impact of energy branding

    Energy Technology Data Exchange (ETDEWEB)

    Hartmann, P.; Ibanez, V.A. [University of the Basque Country, Bilbao (Spain). Facultad de Ciencias Economicas y Empresariales

    2007-04-15

    In numerous recently deregulated energy markets, utilities previously operating in monopolistic environments are now focusing on customer satisfaction and loyalty. In this study, a conceptual framework is proposed that analyses the effects of brand associations and perceived switching costs on customer satisfaction and loyalty in residential energy markets. Several brand associations relevant to energy branding are identified: perceived technical service quality and service process quality, perception of value-added services, environmental and social commitment of the company, brand trust, price perceptions and brand associations related to the corporate attributes 'innovative and dynamic'. Subsequently, the proposed model is tested in the scope of a representative survey of Spanish residential energy customers. Results indicate that customer satisfaction, brand trust and perceived switching costs are positively related to customer loyalty and that brand trust exerts a stronger influence on customer loyalty than satisfaction and switching costs. Findings also show significant effects of the perception of service process quality and environmental and social commitment on loyalty via customer satisfaction. Implications for energy brand managers and regulators are discussed. [Author].

  1. Design and Aesthetic Elements on the Energy Drink Market Case Study: Red Bull

    OpenAIRE

    Neacºu Nicoleta Andreea; Madar Anca

    2014-01-01

    We live in a society ruled by consumerism and in a fierce market competition which leads (determine) marketers to find the most effective and suitable way to influence consumer behavior. One of this ways of influencing consumer behavior are the design elements and aesthetics of the packaging. Thus, designers and marketers opt for different items depending on the type of product sold. Choosing the best elements of design and aesthetics are essential on the energy drink market as well.

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

    CERN Document Server

    Kopsakangas-Savolainen, Maria

    2012-01-01

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

  3. Technical Barriers, Gaps,and Opportunities Related to Home Energy Upgrade Market Delivery

    Energy Technology Data Exchange (ETDEWEB)

    Bianchi, Marcus V.A. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2011-11-01

    This report outlines the technical barriers, gaps, and opportunities that arise in executing home energy upgrade market delivery approaches, as identified through research conducted by the U.S. Department of Energy's Building America program.

  4. 76 FR 3881 - Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc.

    Science.gov (United States)

    2011-01-21

    ... Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc. AGENCY: Office of Electricity....S.) Inc. (TEMUS) has applied to renew its authority to transmit electric energy from the United... Order No. EA-216, which authorized TEMUS to transmit electric energy from the United States to Canada...

  5. Proceedings of the Chinese-American symposium on energy markets and the future of energy demand

    Energy Technology Data Exchange (ETDEWEB)

    Meyers, S. (ed.)

    1988-11-01

    The Symposium was organized by the Energy Research Institute of the State Economic Commission of China, and the Lawrence Berkeley Laboratory and Johns Hopkins University from the United States. It was held at the Johns Hopkins University Nanjing Center in late June 1988. It was attended by about 15 Chinese and an equal number of US experts on various topics related to energy demand and supply. Each presenter is one of the best observers of the energy situation in their field. A Chinese and US speaker presented papers on each topic. In all, about 30 papers were presented over a period of two and one half days. Each paper was translated into English and Chinese. The Chinese papers provide an excellent overview of the emerging energy demand and supply situation in China and the obstacles the Chinese planners face in managing the expected increase in demand for energy. These are matched by papers that discuss the energy situation in the US and worldwide, and the implications of the changes in the world energy situation on both countries. The papers in Part 1 provide historical background and discuss future directions. The papers in Part 2 focus on the historical development of energy planning and policy in each country and the methodologies and tools used for projecting energy demand and supply. The papers in Part 3 examine the pattern of energy demand, the forces driving demand, and opportunities for energy conservation in each of the major sectors in China and the US. The papers in Part 4 deal with the outlook for global and Pacific region energy markets and the development of the oil and natural gas sector in China.

  6. Valuing Residential Energy Efficiency in Two Alaska Real Estate Markets: A Hedonic Approach

    Science.gov (United States)

    Pride, Dominique J.

    Alaska households have high home energy consumption and expenditures. Improving the energy efficiency of the housing stock can reduce home energy consumption, thereby reducing home energy expenditures and CO2 emissions. Improving the energy efficiency of a home may also increase its transaction price if the energy efficiency improvements are capitalized into the value of the home. The relationship between energy efficiency and transaction prices in the Fairbanks and Anchorage, Alaska residential real estate markets is examined. Using a hedonic pricing framework and difference-in-differences analysis, the impact of the Alaska Home Energy Rebate program on the transaction prices of single-family homes in the Fairbanks and Anchorage housing markets from 2008 through 2015 is examined. The results indicate that compared to homes that did not complete the program, homes that completed the program sell for a statistically significant price premium between 15.1% and 15.5% in the Fairbanks market and between 5% and 11% in the Anchorage market. A hedonic pricing framework is used to relate energy efficiency ratings and transaction prices of homes in the Fairbanks and Anchorage residential real estate markets from 2008 through 2015. The results indicate that homes with above-average energy efficiency ratings sell for a statistically significant price premium between 6.9% and 17.5% in the Fairbanks market and between 1.8% and 6.0% in the Anchorage market.

  7. Optimal offering and allocation policies for wind power in energy and reserve markets

    DEFF Research Database (Denmark)

    Soares, Tiago; Jensen, Tue Vissing; Mazzi, Nicolo

    2017-01-01

    Proliferation of wind power generation is increasingly making this power source an important asset in designs of energy and reserve markets. Intuitively, wind power producers will require the development of new offering strategies that maximize the expected profit in both energy and reserve markets...... while fulfilling the market rules and its operational limits. In this paper, we implement and exploit the controllability of the proportional control strategy. This strategy allows the splitting of potentially available wind power generation in energy and reserve markets. In addition, we take advantage......Cormick relaxation and piecewise linear decision rules are adapted and tested aiming to maximize the expected revenue for participating in both energy and reserve markets, while accounting for estimated balancing costs for failing to provide energy and reserve. A set of numerical examples, as well as a case study...

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

    Energy Technology Data Exchange (ETDEWEB)

    Thomas Jenkin, Philipp Beiter, and Robert Margolis

    2016-02-01

    Growing levels of variable renewable energy resources arguably create new challenges for capacity market designs, because variable renewable energy suppresses wholesale energy prices while providing relatively little capacity. This effect becomes more pronounced the higher the variable renewable energy penetration in a market. The purpose of this report is threefold. First, we provide a brief outline of the purpose and design of various capacity markets using administratively determined capacity demand curves. Second, we discuss some of the main challenges raised in existing literature and a set of interviews that we conducted with market participants, regulators, and observers. Third, we consider some of the challenges to capacity markets that arise with higher variable renewable energy penetration.

  9. Waste to energy plant operation under the influence of market and legislation conditioned changes

    DEFF Research Database (Denmark)

    Tomic, Tihomir; Dominkovic, Dominik Franjo; Pfeifer, Antun

    2017-01-01

    In this paper, gate-fee changes of the waste-to-energy plants are investigated in the conditions set by European Union legislation and by the introduction of the new heat market. Waste management and sustainable energy supply are core issues of sustainable development of regions, especially urban...... areas. These two energy flows logically come together in the combined heat and power facility by waste incineration. However, the implementation of new legislation influences quantity and quality of municipal waste and operation of waste-to-energy systems. Once the legislation requirements are met......, waste-to-energy plants need to be adapted to market operation. This influence is tracked by the gate-fee volatility. The operation of the waste-to-energy plant on electricity markets is simulated by using EnergyPLAN and heat market is simulated in Matlab, based on hourly marginal costs. The results have...

  10. Energy Policies of IEA Countries: European Union 2008 Review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    For the first time, the IEA has reviewed the energy policies of the European Union which shape the energy use of almost 500 million citizens in 27 EU member countries. A unique entity governed under complex and almost constantly evolving structures, the EU constitutes a challenge for energy policy makers. Its energy policy has a global impact, not only because of its 16% share of world energy demand, but also because of the EU leadership in addressing climate change. Strong policy drives are underway in the EU to achieve the completion of the internal energy market, increase renewable energy supply, reduce CO2 emissions and make the EU more energy-efficient. Concerns about security of supply have also led to a greater focus on improved energy relations with supplier countries, and new institutional structures are being put in place. How much progress has been made in the field of security, internal market and external energy policies? And in which of these areas has the EU already implemented a fully integrated policy? IEA Energy Policies Review: The European Union - 2008 addresses these questions and also analyses the impact of the most recent major EU policy measures, in particular the Energy & Climate Package of January 2008 and the 3rd Liberalisation Package of September 2007. This book finds that both of these proposals are highly ambitious. But implementing them and reviewing both volume and allocation of energy R&D will be necessary to achieve a sustainable energy future in a fully competitive integrated EU energy market.

  11. Overview of the wind energy market and renewable energy policy in Romania

    Science.gov (United States)

    Chioncel, C. P.; Tirian, G. O.; Gillich, N.; Hatiegan, C.; Spunei, E.

    2017-01-01

    The modern, developed society becomes aware of the necessity to conserve and protect the environment, increasing the gained benefits from a rational use of the natural resources. The pollution and the limitation of the fossil fuels, associated with the political situation worldwide that affects direct the energy strategies, have opened opportunities in the area of operation renewable energy sources. The development of the exploitation of renewable energy sources is directly linked to the energy politic, which, in terms of Romania, has the focus to integrate into the European Union energy strategy. The year 2014 brought in Romania many legislative changes to the renewable support scheme, that proves, once again, the legislative unpredictability and limitations introduced by the legislator ”during the game” that overthrew all economic profitability calculation of the existent and planned investments in this sector. The actual stage of the wind energy across Europe and the particular situation in Romania are highlighted; also a 2020 forecast for Romania tries to evaluate the perspective for the wind, and general, renewable energy market. The actual Romanian renewable energy support scheme, mainly regulated by “Law 220/2008” ends December 2016. The so-called “ready to build” projects especially wind- or hydropower, can’t be finalized until this deadline, being unable to qualify to the existing, mainly to inoperable, support scheme. Another legislation that has to clarify how investments in renewable energy will be supported is still not in place, blocking any project development, implementation and economical benefit of the producer. The paper presents in this respect an updated overview of the Romanian renewable energy sector and its perspective.

  12. Engineering Electricity Markets for a Decarbonized Energy System

    DEFF Research Database (Denmark)

    Jenle, Rasmus Ploug; Pallesen, Trine

    Decarbonization of the Danish electricity sector has recently been sought achieved through the introduction of a novel retail electricity market, named EcoGrid, designed to create price responsive consumers. By following the market design process undertaken by engineers at the Technical University...... of Denmark, the analysis addresses the question: how do engineers make markets? The answer to this question as presented here is: engineers design control systems. By tracing the origins of EcoGrid, this paper documents the governing of electricity consumers through a ‘synthetic market’, i.e. a market...... artifact devised to attain specified objectives within a specific task environment. It is shown that EcoGrid has been designed by modelling a retail electricity market on three different concepts from control systems engineering. These findings are used as a springboard to discuss the implications...

  13. Stepping stones to significant market shares for renewables. The European forum for market players and decision makers in the renewable energy industry

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    This invitation to a two-day European Forum for market players and decision makers in the renewable energy business lists the presentations made at the conference in 2007. The programme included contributions in the following areas: Policies and market deployment initiatives, market trends and experience - from support schemes to market experience, opportunities in a changing framework in Switzerland, instruments and infrastructure requirements - how to make the market work and supply and demand aspects of a growing market. The conference examined how renewable forms of energy can gain significant market shares and reach a quota of 50% renewables in 50 years. The first session examined policies and market deployment initiatives, the second market trends and experiences, the third opportunities for Switzerland in a changing framework. The second day featured sessions on instruments and infrastructure requirements as well as on supply and demand aspects in a growing market. The conference was complemented with four workshops.

  14. Mathematical models and methods for analysis of distributed power generation on market conditions

    DEFF Research Database (Denmark)

    Schaumburg-Müller, Camilla

    2008-01-01

    The liberalisation of electricity markets around the world which has taken place in recent years – and is still ongoing – has had several consequences for the various players in the markets affected. Typically, the tasks of production, transmission, and distribution of electricity which were often...

  15. 75 FR 74712 - Planet Energy (Maryland) Corp.; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2010-12-01

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Planet Energy (Maryland) Corp.; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding, of Planet Energy (Maryland) Corp.'s application for...

  16. 75 FR 74711 - Planet Energy (Pennsylvania) Corp.; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2010-12-01

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Planet Energy (Pennsylvania) Corp.; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding, of Planet Energy (Pennsylvania) Corp.'s application for...

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2016-02-11

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

  18. Towards a Continental Energy Market: From the Energy Crisis to the Free Trade Agreement, 1970-88.

    Science.gov (United States)

    Bennett, Paul W.

    1989-01-01

    Discusses the impact the 1973 oil embargo and resulting energy crisis had on Canadian energy policies, which eventually led in 1987 to the enactment of the Free Trade Agreement between Canada and the United States. Includes excerpts of three documents which reveal much about the shift in Canadian policy toward a continental energy market. (LS)

  19. Editorial: Introduction to Energy Strategy Reviews theme issue “Future Energy Systems and Market Integration of Wind Power”

    NARCIS (Netherlands)

    Lund, H.; Weijermars, R.

    2013-01-01

    Energy Strategy Reviews (ESR) provides a peer-reviewed publication platformto evaluate strategy options for tomorrow’s energy systems. The focus in this special issue is on “Future Energy Systems and Market Integration of Wind Power” and possible solutions are highlighted from the strategy viewpoint

  20. Expanding Energy Performance Contracting in china: policy solutions and market mechanisms

    Energy Technology Data Exchange (ETDEWEB)

    Shen, Bo [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Price, Lynn [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Liu, Xu [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Meng, Lu [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Shi, Wenjing [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Evans, Meredydd [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Roshchanka, Volha [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Yu, Sha [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2017-07-19

    Energy performance contracting is an important market mechanism that uses energy savings to pay over time for the upfront costs of energy efficiency retrofits in buildings, industries, and other types of facilities. Through energy performance contracts (EPCs), Energy Service Companies (ESCOs) play an important role in implementing energy efficiency retrofits. Both China and the United States have large markets for EPCs and significant opportunities for growth. The Chinese government has made great efforts in promoting the country’s ESCO business and expanding its EPC markets. This paper makes a series of recommendations for China to adopt more ambitious policy measures to encourage deep energy savings projects via EPCs. These recommendations are built on initial insights from a white paper developed by researchers at the Pacific Northwest National Laboratory and the Lawrence Berkeley National Laboratory with the assistance from the ESCO Committee of China’s Energy Conservation Association (EMCA). Key recommendations are listed below.

  1. Energy efficiency and performance indicators of European electricity market

    National Research Council Canada - National Science Library

    Constantin Duguleana; Liliana Duguleana

    2015-01-01

    ... characterizing the performance level of power distribution systems. The paper analyzes the evolution of quality indicators of power distribution systems both for countries' level and for population on European market of electricity.

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

    Energy Technology Data Exchange (ETDEWEB)

    Mashhour, M., E-mail: m.mashhour@ee.kntu.ac.i [Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of); Golkar, M.A., E-mail: Golkar@kntu.ac.i [The Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of); Moghaddas-Tafreshi, S.M., E-mail: tafreshi@eetd.kntu.ac.i [Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of)

    2011-01-15

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

  3. Contributions to the financial mathematics of energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Permana, F.J.

    2008-02-01

    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 widely used model for stochastic component of electricity spot prices, a mean-reversion jump-diffusion model, is only partially successful to capture spikes. We propose the so-called potential Levy model, incorporating a potential function and a class of Levy process, i.e. those with a-stable distributions. In this model, after a jump, the potential function has higher mean-reversion rate than the 'normal' mean-reversion rate. Modelling stochastic price fluctuations using an a-stable distribution has several advantages: disentangling stochastic price fluctuations as a part of stochastic dynamics and jump dynamics, and assumption that the jump inter-arrival times are exponentially distributed are not necessary. This distribution is also heavy-tailed enough to capture spikes. The implied volatility obtained from liquid option prices by inverting the Black-Scholes formula is often considered as the best volatility forecast. The Black-Scholes model assumes a constant volatility for options on the same underlying asset. In practice, the implied volatilities vary across the strike prices and the times to maturity. We develop the so-called semi-parametric model for fitting the implied volatility surface, incorporating the simplicity of a parametric method and the flexibility of a non-parametric method. Such a model can capture the smile, skew or smirk shape and can deal with limited amount of option price data. A basket option is a convenient market risk management tool for a company whose portfolio consists of several assets. The difficulty in valuing basket options is that the weighted sum of log-normal random variables is not log-normally distributed anymore, which is

  4. Potential Utilization of Renewable Energy Resources for Electicity Generation in Bosnia and Herzegovina

    Directory of Open Access Journals (Sweden)

    Fajik Begić

    2005-12-01

    Full Text Available Along with the current processes of restructuring of Energy power system of Bosnia and Herzegovina, liberalisation of the electricity market, and modernisation of the existing power plants, Bosnia and Herzegovina must turn to the utilisation of renewable resources in reasonable dynamics as well. Respecting this policy, the initial evaluation of the potential of renewable energy resources in Bosnia and Herzegovina is performed. The methodology of evaluation of wind energy utilisation is presented in this paper, as well as some other aspects of utilisation of the renewable energy resources in Bosnia and Herzegovina. Implementation of selected projects should improve sustainability of energy power production in Bosnia and Herzegovina, by reducing the total emission of carbon dioxide originated from energy power system of Bosnia and Herzegovina.

  5. Energy prices, volatility, and the stock market. Evidence from the Eurozone

    Energy Technology Data Exchange (ETDEWEB)

    Oberndorfer, Ulrich [Federal Ministry of Economics and Technology, Scharnhorststr. 34-37, 10115 Berlin (Germany)

    2009-12-15

    This paper constitutes a first analysis on stock returns of energy corporations from the Eurozone. It focuses on the relationship between energy market developments and the pricing of European energy stocks. According to our results, oil price hikes negatively impact on stock returns of European utilities. However, they lead to an appreciation of oil and gas stocks. Interestingly, forecastable oil market volatility negatively affects European oil and gas stocks, implying profit opportunities for strategic investors. In contrast, the gas market does not play a role for the pricing of Eurozone energy stocks. Coal price developments affect the stock returns of European utilities. However, this effect is small compared to oil price impacts, although oil is barely used for electricity generation in Europe. This suggests that for the European stock market, the oil price is the main indicator for energy price developments as a whole. (author)

  6. Energy prices, volatility, and the stock market: Evidence from the Eurozone

    Energy Technology Data Exchange (ETDEWEB)

    Oberndorfer, Ulrich, E-mail: ulrich.oberndorfer@bmwi.bund.d [Federal Ministry of Economics and Technology, Scharnhorststr. 34-37, 10115 Berlin (Germany)

    2009-12-15

    This paper constitutes a first analysis on stock returns of energy corporations from the Eurozone. It focuses on the relationship between energy market developments and the pricing of European energy stocks. According to our results, oil price hikes negatively impact on stock returns of European utilities. However, they lead to an appreciation of oil and gas stocks. Interestingly, forecastable oil market volatility negatively affects European oil and gas stocks, implying profit opportunities for strategic investors. In contrast, the gas market does not play a role for the pricing of Eurozone energy stocks. Coal price developments affect the stock returns of European utilities. However, this effect is small compared to oil price impacts, although oil is barely used for electricity generation in Europe. This suggests that for the European stock market, the oil price is the main indicator for energy price developments as a whole.

  7. Marketing of new Technologies: The case of Renewable Energies in the UK

    DEFF Research Database (Denmark)

    Brem, Alexander; Muehlmann, F.; Sarmiento, T.

    2011-01-01

    The market in the UK for renewable energy is arguably at a very critical phase in its development. Key drivers for current policy include energy security, climate change and energy prices, added to which the UK has agreed specific targets with other EU countries to help meet these challenges....... The paper includes a general overview of worldwide energy demand and a comprehensive overview of renewable energy alternatives. Based on that, it describes the development of the UK renewables marketplace with a market overview including a summary of selected key organisations currently operating. Finally......, this paper recapitulates the key findings of our quantitative research, based on a survey of 65 organisations operating in the market, into the state of the UK market, including a view on the trends and outlook for the future. Finally, the paper offers some concluding remarks which state, among others...

  8. Marketing of new Technologies: The case of Renewable Energies in the UK

    DEFF Research Database (Denmark)

    Brem, Alexander; Muehlmann, F.; Sarmiento, T.

    2011-01-01

    The market in the UK for renewable energy is arguably at a very critical phase in its development. Key drivers for current policy include energy security, climate change and energy prices, added to which the UK has agreed specific targets with other EU countries to help meet these challenges....... The paper includes a general overview of worldwide energy demand and a comprehensive overview of renewable energy alternatives. Based on that, it describes the development of the UK renewables marketplace with a market overview including a summary of selected key organisations currently operating. Finally......, this paper recapitulates the key findings of our quantitative research, based on a survey of 65 organisations operating in the market, into the state of the UK market, including a view on the trends and outlook for the future. Finally, the paper offers some concluding remarks which state, among others...

  9. Competitive market and sources of its advantages in the electric energy subsector

    Directory of Open Access Journals (Sweden)

    Kazimierz Pająk

    2017-07-01

    Full Text Available The electric energy subsector varies considerably in terms of competitiveness depending on the area under analysis. Power generation, transmission and distribution have quite different characteristics of competitiveness than areas such as electricity trading. In the area of power generation, competitive advantage is developed by factors such as: skilful operation in the fuel market and targeted investments affecting the efficiency and effectiveness of equipment. In the area of energy distribution, despite the natural monopoly, some distribution system operators dynamically take over the market share of newly constructed networks. The area of energy trading can be successfully compared to other competitive market segments where mass sales of services and products occur.

  10. Marketing opportunities to enhance the use of regenerative energies in households. Moeglichkeiten des Marketing zur Erhoehung des Einsatzes regenerativer Energien im Haushaltsbereich

    Energy Technology Data Exchange (ETDEWEB)

    Lange, A.

    1989-02-23

    The author outlines the part played by marketing planning within total marketing activities, and demonstrates the analysis of external framework conditions of the 'regenerative energy market' which is the central point of attack for corresponding marketing planning. The author shows that apparent trends in both the public and specialists' discussions suggest a growing market potential for regenerative energy technologies. Based on this analysis, the author shows that the central point of attack to initiate a positive market development consists in achieving a high-quality innovative brand image of a prestige character. Based on this and on branch-specific aspects, the author develops a framework for the marketing mix. The concept presented will not be assessable for its true power to initiate a positive market development for regenerative energy technologies until it will have undergone concrete operationalization, i.e. been implemented by individual companies. (orig./KW).

  11. Extending market activities for a distribution company in hourly-ahead energy and reserve markets - Part I: Problem formulation

    Energy Technology Data Exchange (ETDEWEB)

    Mashhour, M., E-mail: m.mashhour@ee.kntu.ac.i [Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of); Golkar, M.A., E-mail: Golkar@kntu.ac.i [Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of); Moghaddas-Tafreshi, S.M., E-mail: tafreshi@eetd.kntu.ac.i [Electrical Engineering Department of K.N. Toosi University of Technology, Tehran 16315-1355 (Iran, Islamic Republic of)

    2011-01-15

    This work presents a novel hourly-ahead profit model for an active distribution company (DISCO), a DISCO with high capacity level of connected DGs that can make selling proposals for the markets, in a pool-based system. The presented model engages DSICO in both energy producing and reserve providing activities. DISCO's earnings from reserve market include the remuneration both for real-time generation and ready-for-service capacity. To achieve the optimal decisions for an active DISCO in the energy and reserve markets, a two-stage optimization model and associated mathematical formulations have been developed. The first subproblem extracts a single operating profile (a lumped financial model) of the whole distribution system, including DGs and ILs, at the connecting point to the upstream network. The second one determines the optimal values of decision variables (power and reserve commodities) to maximize the DISCO's profit, in case such variables are accepted in the markets. In other words, it aims to optimally allocate the DISCO's generating capability for proposing into the energy and reserve markets, from the DISCO's perspective. It also proposes a profit-based network reconfiguration methodology for a multi-substation multi-feeder DISCO to increase DISCO's ability to gain more benefits from the market activities. It conducts DISCO's generating capabilities towards the proper substations to reap more probable benefits. It also introduces fast, simple, and straightforward algorithms for recognition and removal of configurations having loop and/or islanding parts in. Simulation results are given at the second part of the present work.

  12. Interdependencies between fossil fuel and renewable energy markets. The German biodiesel market

    Energy Technology Data Exchange (ETDEWEB)

    Busse, Stefan; Bruemmer, Bernard; Ihle, Rico

    2010-12-15

    With this paper, we provide the first quantitative investigation of vertical price transmission in the biodiesel supply chain in Germany with the focus on the developments during the food crisis and the impact of subsidized US biodiesel exports. With the strong promotion of the production and use of biodiesel during the first half of the past decade, the German biodiesel market became the largest national biodiesel market worldwide. This analysis utilizes prices of rapeseed oil, soya oil, biodiesel and crude oil over a sample period covering the rapid growth of the German demand in 2002 until its decline in 2009. The effects of both the market development and different policies on price transmission are analyzed in detail. Due to the numerous changes in the market, a regime-dependent Markov-switching vector error correction model is applied. The results indicate that regimes with differing error-correction behavior govern the transmission process among the various prices. Evidence was found for a strong impact of crude oil price on biodiesel prices, and of biodiesel prices on rapeseed oil prices. However, in both cases, the price adjustment behavior is found to be regime dependent, and the regime occurrence in both market segments shows similar patterns. In relation to crude oil a weak adjustment of biodiesel prices is found to be dominating in the phase of market expansion. This changed from 2007 on when stronger error-correction is found, reflected by a stronger role of the crude oil price developments. In the relationship of biodiesel to the vegetable oils, most of the growth period was dominated by a regime characterized by weak price adjustments. From 2007 on, past own price changes and past changes in soya oil prices had a strong impact particularly on rapeseed oil prices. The biodiesel price development was less important. Reasons for this are substantial changes in the market structure. The biodiesel market developed as an insulated market; biodiesel was

  13. Institutional aspects of state regulation of interrelations of subjects of the electric energy market

    Directory of Open Access Journals (Sweden)

    Kuzmynchuk Nataliia V.

    2014-01-01

    Full Text Available The article identifies tendencies of development of international electric energy markets. It marks out the role of well-organised functioning of the electric energy market for maintaining the energy security of the country under complex conditions of Ukrainian economy transformation under the influence of geopolitical changes, financial, economic and social factors. It justifies important role of the state in realisation of the regulating impact through mechanisms of institutional support of production, transportation and supply of electric energy; it focuses on imperfection of the existing system of institutes of this sphere, which determine harmonicity of the electric energy buy and sell process. Based on the system analysis of the institutional foundation, which reflects principles and essence of regulation of the electric energy market and interrelations of its subjects, the article generalises problems of the modern regulatory and legal base and realisation of strategic programmes of development in the context of formation of relations between the energy market participants, which would facilitate renovation of state regulation. The article marks out key directions of solution of topical issues of institutional support of activity of electric energy market participants, the most urgent of which are problems of the tariff policy, alternative energy development, financial discipline and technical state of fixed assets of the electric energy complex. The article puts in order the system of contractual relations of subjects of the electric energy market, which allows formation of the scientifically justified approaches in the direction of improvement of the organisational structure of the energy market and introduction of measures on increase of efficiency of regulating actions by the state.

  14. An Economic Perspective on Green Energy Market in Romania

    OpenAIRE

    Ionica Oncioiu; Alina Stanciu

    2017-01-01

    Producing energy from renewable sources represents an essential component of energy policies at a national level and it leads to important savings of fossil fuel and primary energy. This article investigates the development of renewable energy in terms of energy production and consumption, on the one hand, and on the other hand, it presents a model to forecast the region's evolution of renewable energy diffusion (up to three years). Statistics proved that Romanian consumers have a key role...

  15. Government policy and market penetration opportunities for US renewable energy technology in India and Pakistan

    Energy Technology Data Exchange (ETDEWEB)

    Sathaye, J.; Weingart, J.M.

    1988-01-01

    Some US renewable energy industries are now looking abroad, especially to the rapidly developing Asia-Pacific region, in order to increase sales and expand markets. The developing world appears in principle to be an important market for renewable energy technologies. These international markets have proven extremely difficult to penetrate, and the US competitive position is threatened by strong, well-organized, government-supported competition from Japan and Western Europe. For example, US photovoltaic manufacturers held 80% of the world PV market in 1980; today their market share is down to 35%. Less developed countries (LDCs) present a potentially significant but highly elusive market for renewable energy technologies. This market may develop for three major reasons; the shortage of electricity supply and the high cost of grid extension to rural areas, the high cost of oil imports and the scarcity of light oil products, and the gradual replacement of traditional fuels with modern ones. The focus of this report is on the policies and attitudes of national and regional governments in India and Pakistan towards renewable energy technology and how these policies and attitudes affect the potential for penetration of these markets by US industry. We have attempted to provide some useful insight into the actual market environment in India and Pakistan rather than just report on official laws, regulations, and policies. The report also examines the economics of technologies in comparison with more traditional sources of energy. It concentrates primarily on technologies, such as photovoltaics and wind electric systems, that would benefit from foreign participation, but also identifies potential market opportunities for advanced solar desalination and other renewable energy technologies. 31 refs.

  16. Accelerating the commercialization on new technologies. [free market operation of federal alternate energy sources programs

    Science.gov (United States)

    Kuehn, T. J.; Nawrocki, P. M.

    1978-01-01

    It is suggested that federal programs for hastening the adoption of alternative energy sources must operate within the free market structure. Five phases of the free market commercialization process are described. Federal role possibilities include information dissemination and funding to stimulate private sector activities within these five phases, and federally sponsored procedures for accelerating commercialization of solar thermal small power systems are considered.

  17. 76 FR 23583 - Application of the Energy Planning and Management Program Power Marketing Initiative to the...

    Science.gov (United States)

    2011-04-27

    ... Area Power Administration Application of the Energy Planning and Management Program Power Marketing... Planning and Management Program (Program) Power Marketing Initiative (PMI), as modified in this notice, to... a 30-year term will allow sufficient resource planning horizons and added stability compared to a...

  18. Agent-based model of intermittent renewables: Simulating emerging changes in energy markets in transition

    NARCIS (Netherlands)

    Chappin, E.J.L.; Viebahn, P.; Richstein, J.C.; Lechtenböhmer, S.; Nebel, A.

    2012-01-01

    The energy transition is taking shape in the German and, to a lesser extent also its neighbouring electricity markets. We have proposed adaptations to an existing model to represent the increasing shares of intermittent renewables, that may alter the structure of the market and the viability of stra

  19. Agent-based model of intermittent renewables: Simulating emerging changes in energy markets in transition

    NARCIS (Netherlands)

    Chappin, E.J.L.; Viebahn, P.; Richstein, J.C.; Lechtenböhmer, S.; Nebel, A.

    2012-01-01

    The energy transition is taking shape in the German and, to a lesser extent also its neighbouring electricity markets. We have proposed adaptations to an existing model to represent the increasing shares of intermittent renewables, that may alter the structure of the market and the viability of

  20. Energy efficiency business options for industrial end users in Latin American competitive energy markets: The case of Colombia

    Science.gov (United States)

    Botero, Sergio

    2002-01-01

    Energy markets today in Latin America and worldwide are being restructured from monopolies, either state-owned or privately-owned, to be more openly competitive and incorporate more participation from the private sector. Thus, the schemes that were formerly developed to foster end use energy efficiency are no longer applicable because they were based on mandatory regulations made with political decisions, without sufficiently considering economic feasibility. A consensus exists that the only way energy efficiency could survive in this new paradigm is by being market oriented, giving better services, and additional options to users. However; there is very little information on what end users prefer, and which options would most satisfy customers. Using Colombia as a case study, this research determines and categorizes the energy efficiency business options for large energy end users that can freely participate in the competitive energy market. The energy efficiency market is understood as a market of services aiming to increase efficiency in energy use. These services can be grouped into seven business options. A survey, following the descriptive method, was sent to energy end users in order to determine their preferences for specific energy efficiency business options, as well as the decision-making criteria taken into account for such options. This data was categorized in ten industry groups. As a conclusion, energy efficiency providers should adapt not only to the economic activity or processes of each customer, but also to the potential business options. It was also found that not all industries consider performance contracting as their most preferred option, as a matter of fact, some industries show much higher preference for conventional business options. Among end users, the divergence in option preferences contrasted with the convergence in decision-making criteria. The decision-making criteria "cost-benefit ratio" overwhelmed all other criterion. End users

  1. Implications of carbon cap-and-trade for US voluntary renewable energy markets

    Energy Technology Data Exchange (ETDEWEB)

    Bird, Lori A. [National Renewable Energy Laboratory, 1617 Cole Boulevard, Golden, CO 80401 (United States); Holt, Edward [Ed Holt and Associates, Inc., 28 Headland Road, Harpswell, ME 04079-2923 (United States); Levenstein Carroll, Ghita [University of Colorado at Boulder, 3315 Folsom Street, Boulder, CO 80304 (United States)

    2008-06-15

    Many consumers today are purchasing renewable energy in large part for the greenhouse gas (GHG) emissions benefits that they provide. Emerging carbon regulation in the US has the potential to affect existing markets for renewable energy. Carbon cap-and-trade programs are now under development in the Northeast under the Regional Greenhouse Gas Initiative (RGGI) and in early stages of development in the West and Midwest. There is increasing discussion about carbon regulation at the national level as well. While renewable energy will likely benefit from carbon cap-and-trade programs because compliance with the cap will increase the costs of fossil fuel generation, cap-and-trade programs can also impact the ability of renewable energy generation to affect overall CO{sub 2} emissions levels and obtain value for those emissions benefits. This paper summarizes key issues for renewable energy markets that are emerging with carbon regulation, such as the implications for emissions benefits claims and voluntary market demand and the use of renewable energy certificates (RECs) in multiple markets. It also explores policy options under consideration for designing carbon policies to enable carbon markets and renewable energy markets to work together. (author)

  2. Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

    Directory of Open Access Journals (Sweden)

    Mario Mureddu

    Full Text Available The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and for the forecast of short time fluctuations related to renewable sources in order to estimate their effects on the electricity market. To account for the inter-dependencies in the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations in the power system and an agent based approach for the prediction of the market players' behavior. Our model is data-driven; it builds on one-day-ahead real market transactions in order to train agents' behaviour and allows us to deduce the market share of different energy sources. We benchmarked our approach on the Italian market, finding a good accordance with real data.

  3. Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

    Science.gov (United States)

    Mureddu, Mario; Caldarelli, Guido; Chessa, Alessandro; Scala, Antonio; Damiano, Alfonso

    2015-01-01

    The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and for the forecast of short time fluctuations related to renewable sources in order to estimate their effects on the electricity market. To account for the inter-dependencies in the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations in the power system and an agent based approach for the prediction of the market players' behavior. Our model is data-driven; it builds on one-day-ahead real market transactions in order to train agents' behaviour and allows us to deduce the market share of different energy sources. We benchmarked our approach on the Italian market, finding a good accordance with real data.

  4. Funding of renewable energy sources in the deregulated German electricity market; Foerderung erneuerbarer Energien im liberalisierten deutschen Strommarkt

    Energy Technology Data Exchange (ETDEWEB)

    Wawer, T.

    2007-12-14

    This study intends to develop an efficient market design for the German electricity market, with particular regard to renewable energy sources. The German electricity market is disintegrated, i.e. market sectors are not coordinated by a central agency but by their own interactions. The first part of the investigation analyzes the interdependences of market sectors, while the second part will analyze funding instruments for renewable energy sources on this basis. (orig.)

  5. 77 FR 71585 - Brookfield Energy Marketing LP v. ISO New England Inc.; Notice of Complaint

    Science.gov (United States)

    2012-12-03

    ... From the Federal Register Online via the Government Publishing Office ] DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Brookfield Energy Marketing LP v. ISO New England Inc.; Notice of...) filed a formal complaint against ISO New England Inc. (Respondent) alleging that the...

  6. GPP Webinar: The Solar Roadmap—Navigating the Evolving Solar Energy Market

    Science.gov (United States)

    GPP and State & Local Climate and Energy Branch webinar on the Solar Roadmap and the evolving solar energy market. This webinar discussed local and state government’s success stories and opportunities for progress in renewable energy goals using the Solar

  7. 75 FR 80482 - Application To Export Electric Energy; TransCanada Power Marketing Ltd.

    Science.gov (United States)

    2010-12-22

    ... Application To Export Electric Energy; TransCanada Power Marketing Ltd. AGENCY: Office of Electricity Delivery.... (TCPM) has applied to renew its authority to transmit electric energy from the United States to Canada..., which authorized TCPM to transmit electric energy from the United States to Canada as a power...

  8. 76 FR 20651 - Application To Export Electric Energy; Cargill Power Markets, LLC

    Science.gov (United States)

    2011-04-13

    ... Application To Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and... applied for authority to transmit electric energy from the United States to Mexico pursuant to section 202..., 2011, DOE received an application from CPM for authority to transmit electric energy from the...

  9. The Spanish Wind Energy Market. Balance and Outlooks; El Mercado Eolico Espanol. Balance y Perspectivas

    Energy Technology Data Exchange (ETDEWEB)

    Varela, M. [CIEMAT. Madrid (Spain)

    1999-06-01

    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.

  10. Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection

    Energy Technology Data Exchange (ETDEWEB)

    Milligan, M.; Clark, K.; King, J.; Kirby, B.; Guo, T.; Liu, G.

    2013-03-01

    In the Western Interconnection, there is significant interest in improving approaches to wide-area coordinated operations of the bulk electric power system, in part because of the increasing penetration of variable generation. One proposed solution is an energy imbalance market. This study focused on that approach alone, with the goal of identifying the potential benefits of an energy imbalance market in the year 2020.

  11. Green power grids: how energy from renewable sources affects network and markets

    CERN Document Server

    Mureddu, Mario; Chessa, Alessandro; Scala, Antonio; Damiano, Alfonso

    2015-01-01

    The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources, fundamentally changing the configuration of energy management and introducing new criticalities that are only partly understood. In particular, renewable energies introduce fluctuations causing an increased request of conventional energy sources oriented to balance energy requests on short notices. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and the forecast of short time fluctuations related to renewable sources and to their effects on the electricity market. To account for the inter-dependencies among the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations on the power system and an agent based approach for the prediction of the market players behavior. Our model is a data-d...

  12. Energy in transition. Between regulation and market; Energiewirtschaft im Wandel. Zwischen Regulierung und Markt

    Energy Technology Data Exchange (ETDEWEB)

    Horzetzky, Guenther [Ministerium fuer Wirtschaft, Energie, Industrie, Mittelstand und Handwerk des Landes Nordrhein-Westfalen, Duesseldorf (Germany)

    2016-07-01

    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.

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

    DEFF Research Database (Denmark)

    Nasrolahpour, Ehsan; Kazempour, Jalal; Zareipour, Hamidreza

    2017-01-01

    We develop a decision-making tool based on a bilevel complementarity model for a merchant price-maker energy storage system to determine the most beneficial trading actions in pool-based markets, including day-ahead (as joint energy and reserve markets) and balancing settlements. The uncertainty...... of net load deviation in real-time is incorporated into the model using a set of scenarios generated from the available forecast in the day-ahead. The objective of this energy storage system is to maximize its expected profit. The day-ahead products of energy storage system include energy as well...... as reserve commitment (as one of the ancillary services), whereas its balancing product is the energy deployed from the committed reserve. The proposed model captures the interactions of different markets and their impacts on the functioning of the storage system. It also provides an insight for storage...

  14. Developments in international bio-energy markets and trade

    NARCIS (Netherlands)

    Faaij, A.P.C.

    2008-01-01

    A reliable and sustainable supply of biomass is vital to any market activity aimed at bioenergy production. Given the high expectations for bioenergy on a global scale and of many nations, the pressure on available biomass resources is increasing rapidly. Due to high prices for fossil fuels (especia

  15. Alternative Approaches to Calculate Benefits of an Energy Imbalance Market With Wind and Solar Energy: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Kirby, B.; King, J.; Milligan, M.

    2012-06-01

    The anticipated increase in variable generation in the Western Interconnection over the next several years has raised concerns about how to maintain system balance, especially in smaller Balancing Authority Areas (BAAs). Given renewable portfolio standards in the West, it is possible that more than 50 gigawatts of wind capacity will be installed by 2020. Significant quantities of solar generation are likely to be added as well. The consequent increase in variability and uncertainty that must be managed by the conventional generation fleet and responsive loads has resulted in a proposal for an Energy Imbalance Market (EIM). This paper extends prior work to estimate the reserve requirements for regulation, spinning, and non-spinning reserves with and without the EIM. We also discuss alternative approaches to allocating reserve requirements and show that some apparently attractive allocation methods have undesired consequences.

  16. Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

    Energy Technology Data Exchange (ETDEWEB)

    Heeter, J.; Bird, L.

    2011-10-01

    This report documents the status and trends of 'compliance'--renewable energy certificate (REC) markets used to meet state renewable portfolio standard (RPS) requirements--and 'voluntary' markets--those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Today, 29 states and the District of Columbia have an RPS, more than half of all U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, and all consumers have the option to purchase RECs. This report documents REC activities and trends in the United States. The compliance REC market analysis includes analysis of REC trading, regional REC markets, REC tracking systems, types of compliance RECs, compliance REC pricing trends, and an overview of compliance with RPS polices. The voluntary REC analysis presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing and administrative expenses, voluntary REC pricing, and the voluntary carbon offsets market. The report concludes with a discussion of upcoming guidance from the Federal Trade Commission on green marketing claims, the emergence of community solar programs, and the potential impact of Dodd-Frank regulations on the REC market.

  17. Market factors feedback system of the pilot program of the Energy Extension Service

    Energy Technology Data Exchange (ETDEWEB)

    None

    1978-04-01

    The market factors feedback system of the pilot program of the Energy Extension Service are described. The description contains the plans of the 10 pilot EES states and the DOE for operating the system between December 1977 and March 1979. Chapter one contains the planned scope of the market factors feedback system during the pilot program: the target audiences, program services, likely topics of market factors feedback, and energy decision makers. Chapter two presents how the market factors feedback system will operate over the pilot program period. Chapter three summarizes the roles and functions of DOE/EXT in supporting state EES market factors feedback operations and in evaluating the program. There are three appendices. Appendix A contains the market factors feedback plans of the pilot EES states. Appendix B describes how DOE/EXT will work with national-level energy decision makers on market factors feedback received from state EESs. Appendix C is the design for the formal evaluation of the market factors feedback component of the pilot EES program. (MCW)

  18. Wte Power Plant Operation on the Energy Market Under the Influence of Legislation Changes

    DEFF Research Database (Denmark)

    Tomić, T.; Dominkovic, Dominik Franjo; Pfeifer, A.

    2016-01-01

    of fuel mix with inherent lowerheating value changes and sustainability of fuel transport to the plant gate. Due to legislative changesfacility needs to achieve profitability within the energy market and conditions of market trade ofenergy. Results of the economic analysis show that decreasing waste......In this paper, the feasibility of combined heat and power waste-to-energy plant is investigated in theconditions of implementation of the new legal framework for waste disposal and management aswell as new power market conditions. As waste management is a core issue of sustainabledevelopment...

  19. Cogeneration and the regulatory framework of energy law; Kraft-Waerme-Kopplung und der energiewirtschaftliche Ordnungsrahmen

    Energy Technology Data Exchange (ETDEWEB)

    Cornehl, Angelika Bettina

    2009-06-15

    The present publication shows that the existing regulatory framework poses numerous impediments to cogeneration plants. This holds especially for industrial operators, but also for municipalities. It has prevented cogeneration from developing its full potential both as an element of competition and as a relief for the environment. Unlike industrial cogeneration plants, those serving the public energy supply at least enjoy the privilege of regional monopoly rights. In today's liberalised electricity market, however, this can be a burden for existing municipal plants which were installed under territorial protection and in many cases have incurred high cost levels and become inflexible and lacking in entrepreneurial spirit as a result. On account of its tendency to promote optimal resource input and efficiency, competition promises positive impulses for the use of cogeneration in small-scale heat grids, where high fuel efficiency matters more. A reform of the competition regime in the power economy would eliminate numerous impediments, particularly for industrial cogeneration operators. Good hopes for the future of cogeneration in a liberalised electricity and gas market are also nurtured by cooperative supply concepts and, within the large domain of services, opportunities held out by special contracting offers.

  20. Use of derivative instruments to integrate renewable energies into the electricity market; Einsatz derivativer Instrumente zur Integration erneuerbarer Energien in den Strommarkt

    Energy Technology Data Exchange (ETDEWEB)

    Hartmann, Kilian [Hochschule Aschaffenburg (Germany). Fakultaet fuer Ingenieurwissenschaften; Nelles, Michael [Rostock Univ. (Germany). Agrar- und Umweltwissenschaftliche Fakultaet; Candra, Dodiek Ika

    2017-08-01

    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.

  1. Perturbation Analysis of the Wholesale Energy Market Equilibrium in the Presence of Renewables

    CERN Document Server

    Kiani, Arman

    2012-01-01

    One of the main challenges in the emerging smart grid is the integration of renewable energy resources (RER). The latter introduces both intermittency and uncertainty into the grid, both of which can affect the underlying energy market. An interesting concept that is being explored for mitigating the integration cost of RERs is Demand Response. Implemented as a time-varying electricity price in real-time, Demand Response has a direct impact on the underlying energy market as well. Beginning with an overall model of the major market participants together with the constraints of transmission and generation, we analyze the energy market in this paper and derive conditions for global maximum using standard KKT criteria. The effect of uncertainties in the RER on the market equilibrium is then quantified, with and without real-time pricing. Perturbation analysis methods are used to compare the equilibria in the nominal and perturbed markets. These markets are also analyzed using a game-theoretic point of view. Suff...

  2. Next-generation building energy management systems and implications for electricity markets.

    Energy Technology Data Exchange (ETDEWEB)

    Zavala, V. M.; Thomas, C.; Zimmerman, M.; Ott, A. (Mathematics and Computer Science); (Citizens Utility Board); (BuildingIQ Pty Ltd, Australia); (PJM Interconnection LLC)

    2011-08-11

    The U.S. national electric grid is facing significant changes due to aggressive federal and state targets to decrease emissions while improving grid efficiency and reliability. Additional challenges include supply/demand imbalances, transmission constraints, and aging infrastructure. A significant number of technologies are emerging under this environment including renewable generation, distributed storage, and energy management systems. In this paper, we claim that predictive energy management systems can play a significant role in achieving federal and state targets. These systems can merge sensor data and predictive statistical models, thereby allowing for a more proactive modulation of building energy usage as external weather and market signals change. A key observation is that these predictive capabilities, coupled with the fast responsiveness of air handling units and storage devices, can enable participation in several markets such as the day-ahead and real-time pricing markets, demand and reserves markets, and ancillary services markets. Participation in these markets has implications for both market prices and reliability and can help balance the integration of intermittent renewable resources. In addition, these emerging predictive energy management systems are inexpensive and easy to deploy, allowing for broad building participation in utility centric programs.

  3. Adaptive Game-based Agent Negotiation in Deregulated Energy Markets

    NARCIS (Netherlands)

    Capodieci, Nicola; Cabri, Giacomo; Pagani, Giuliano Andrea; Aiello, Marco

    2012-01-01

    In the emerging deregulated energy paradigm enabled by the Smart Grid, energy provisioning will change drastically. Energy contracts will be negotiated between a potential multitude of parties at high frequency (e.g., several times per day) based on local needs and micro-generation production facili

  4. Plug-in hybrid electric vehicles in dynamical energy markets

    NARCIS (Netherlands)

    Kessels, J.T.B.A.; Bosch, P.P.J. van den

    2008-01-01

    The plug-in hybrid electric vehicle allows vehicle propulsion from multiple internal power sources. Electric energy from the grid can be utilized by means of the plug-in connection. An on-line energy management (EM) strategy is proposed to minimize the costs for taking energy from each power source.

  5. Plug-in hybrid electric vehicles in dynamical energy markets

    NARCIS (Netherlands)

    Kessels, J.T.B.A.; Bosch, P.P.J. van den

    2008-01-01

    The plug-in hybrid electric vehicle allows vehicle propulsion from multiple internal power sources. Electric energy from the grid can be utilized by means of the plug-in connection. An on-line energy management (EM) strategy is proposed to minimize the costs for taking energy from each power source.

  6. Effects of the domestic market of the European Community for energy on regional energy supply. Auswirkungen des EG-Binnenmarktes fuer Energie auf die raeumliche Energieversorgung; Studie

    Energy Technology Data Exchange (ETDEWEB)

    Pfaffenberger, W. (Oldenburg Univ. (Germany). Inst. fuer Volkswirtschaftslehre (VWL)); Scheele, U. (Oldenburg Univ. (Germany). Inst. fuer Volkswirtschaftslehre (VWL)); Stroebele, W. (Oldenburg Univ. (Germany). Inst. fuer Volkswirtschaftslehre (VWL)); Windelberg, J. (Oldenburg Univ. (Germany). Inst. fuer Volkswirtschaftslehre (VWL))

    1992-01-01

    In this investigation, the question is dealt with which effects the realization of the European domestic market for energy will have on the regional energy supply in the Federal Republic. The investigation is based on the total economic frame conditions of the energy market in the scope of a European integration. For the analysis of the effects on the regional energy supply, a view on the initial situation of energy supply in Europe is necessary. For this, the basis for ressources, the legal frame conditions and environmental impacts of energy supply are illustrated. Then, the domestic market for energy is put in the context of energy policy. Finally, the concepts for the organization of the domestic market for energy, Electricity and gas are presented in detail. In the second main part of the investigation, the effects on the regional energy supply are analyzed. Exemplary regions have been selected for this investigation in which the influence of the domestic market on the energy supply has been estimated be means of statistical analyses. As a conclusion, the effects expected are summarized and recommendations regarding regional policy are derived. (orig.)

  7. Nonlinear structure analysis of carbon and energy markets with MFDCCA based on maximum overlap wavelet transform

    Science.gov (United States)

    Cao, Guangxi; Xu, Wei

    2016-02-01

    This paper investigates the nonlinear structure between carbon and energy markets by employing the maximum overlap wavelet transform (MODWT) as well as the multifractal detrended cross-correlation analysis based on maximum overlap wavelet transform (MFDCCA-MODWT). Based on the MODWT multiresolution analysis and the statistic Qcc(m) significance, relatively significant cross-correlations are obtained between carbon and energy future markets either on different time scales or on the whole. The result of the Granger causality test indicates bidirectional Granger causality between carbon and electricity future markets, although the Granger causality relationship between the carbon and oil price is not evident. The existence of multifractality for the returns between carbon and energy markets is proven with the MFDCCA-MODWT algorithm. In addition, results of investigating the origin of multifractality demonstrate that both long-range correlations and fat-tailed distributions play important roles in the contributions of multifractality.

  8. Analysis of the market for bio energy - locally and internationally. Final report

    Energy Technology Data Exchange (ETDEWEB)

    2010-09-15

    This report aims to describe the market potential for biogas and biomass heat and power applications, and to assess the opportunities and barriers for development of such biomass markets locally and internationally. The project has been commissioned by ENERCOAST whose overall aim is to create a market for bio energy in the North Sea area. The project uses Denmark, Central Denmark Region, and three Danish municipalities (Randers, Norddjurs, and Syddjurs) to illustrate the challenges related to developing a more substantial market for bio energy trade. A parallel study also commissioned by ENERCOAST and carried out by Ea Energy Analyses assessed the sustainability of relevant biomass supply chains related to the resource accessibility in the three municipalities. The primary focus was on biogas, straw, wood residues, and energy crops for combined heat and power production and the results were presented in a report released in July of 2010 entitled 'SSCM Analysis of the Bioenergy Resources in Randers, Norddjurs and Syddjurs' (Ea Energy Analyses, 2010). The data basis for both studies is very similar, and as such the current report incorporates and builds upon many of the SSCM reports findings. The present report describes the market structures and price developments of the aforementioned biomass resources. The market structures and trade conditions are described on a local (the 3 municipalities), national (Denmark) and regional/international (European/global) level. (LN)

  9. E-Based Market Intelligence. A management information system for the market for energy-efficient buildings; E-Based Market Intelligence. Ein Managementinformationssystem zum Markt fuer energieeffizientes Bauen

    Energy Technology Data Exchange (ETDEWEB)

    Kaiser, Iris

    2012-11-01

    The dynamics of market trends is ever-increasing; in consequence, it is getting increasingly difficult to recognize market structures and forecast trends in the markets. Misinterpretations will often lead to wrong strategic decisions, and business chances will be lost if market potentials are not recognized. The publication uses the example of the market for energy-efficient buildings to show how market intellegence, i.e. relevant knowledge about markets, can be developed with free data obtained in the internet and used intelligently.

  10. Marketing.

    Science.gov (United States)

    Chambers, David W

    2010-01-01

    There is not enough marketing of dentistry; but there certainly is too much selling of poor quality service that is being passed off as dentistry. The marketing concept makes the patient and the patients' needs the ultimate criteria of marketing efforts. Myths and good practices for effective marketing that will promote oral health are described under the traditional four "Ps" categories of "product" (best dental care), "place" (availability), "promotion" (advertising and other forms of making patients aware of available services and how to use them), and "price" (the total cost to patients of receiving care).

  11. Energy storage benefits and market analysis handbook : a study for the DOE Energy Storage Systems Program.

    Energy Technology Data Exchange (ETDEWEB)

    Eyer, James M. (Distributed Utility Associates, Livermore, CA); Corey, Garth P.; Iannucci, Joseph J., Jr. (Distributed Utility Associates, Livermore, CA)

    2004-12-01

    This Guide describes a high level, technology-neutral framework for assessing potential benefits from and economic market potential for energy storage used for electric utility-related applications. In the United States use of electricity storage to support and optimize transmission and distribution (T&D) services has been limited due to high storage system cost and by limited experience with storage system design and operation. Recent improvement of energy storage and power electronics technologies, coupled with changes in the electricity marketplace, indicate an era of expanding opportunity for electricity storage as a cost-effective electric resource. Some recent developments (in no particular order) that drive the opportunity include: (1) states adoption of the renewables portfolio standard (RPS), which may increased use of renewable generation with intermittent output, (2) financial risk leading to limited investment in new transmission capacity, coupled with increasing congestion on some transmission lines, (3) regional peaking generation capacity constraints, and (4) increasing emphasis on locational marginal pricing (LMP).

  12. CO2-emission trading and green markets for renewable electricity. Wilmar - deliverable 4.1

    DEFF Research Database (Denmark)

    Azuma-Dicke, N.; Morthorst, Poul Erik; Ravn, H.F.

    2004-01-01

    This report is Deliverable 4.1 of the EU project “Wind Power Integration in Liberalised Electricity Markets” (WILMAR) and describes the application of two policy instruments, Tradable Emissions Permits (TEP’s) and Tradable Green Certificates (TGC’s) forelectricity produced from renewable energy...... generation may change the situation from earning money to losing money despite the increasing spot price. Heavy restrictions on emissions penalise thefossil-fuelled technologies significantly, and the associated increase in the spot price need not compensate for this. Therefore, a market of TEP’s is expected...... to have a significant influence on the electricity spot price. However, the expected pricelevel of TEP’s are met with great uncertainty and a study of a number of economical studies shows a price span between zero and 270 USD per ton of CO2 depending on the participation or non-participation of countries...

  13. Microbiological Quality and Safety of Energy Drink Available in the Local Markets in Saudi Arabia

    OpenAIRE

    Sulaiman O. Aljaloud

    2016-01-01

    A Energy drinks have become a popular beverage worldwide. The global market for energy drink has gained momentum in the past decade, and demand is increasing every year. The objective of this study was to evaluate the microbiological quality and safety of commercial energy drinks available in the local stores in Saudi Arabia. Total bacterial count, coliform, Escherichia coli, Salmonella, and Staphylococcus aureus were included in this analysis. Out of a total of 20 tested energy drinks, micro...

  14. Modelling Danish local CHP on market conditions

    DEFF Research Database (Denmark)

    Ravn, Hans V.; Riisom, Jannik; Schaumburg-Müller, Camilla

    2004-01-01

    In Denmark, the development of local combined heat and power (CHP) plants has been characterised by large growth throughout the nineties, based in part on government subsidies in the form of feed-in tariffs. Simultaneously, there has been a significant growth of wind power, particularly in the We......In Denmark, the development of local combined heat and power (CHP) plants has been characterised by large growth throughout the nineties, based in part on government subsidies in the form of feed-in tariffs. Simultaneously, there has been a significant growth of wind power, particularly...... in the Western Danish system. As both the power produced by the local CHPs and the wind power are prioritised, the production of these types of power is occasionally sufficient to meet the total demand in the system, causing the market price to drop dramatically, sometimes even to zero-level. In line...... with the liberalisation process of the energy sectors of the EU countries, it is however anticipated that Danish local CHP are to begin operating on market conditions within the year 2005. This means that the income that the local CHPs previously gained from selling electricity at the feed-in tariff is replaced in part...

  15. Technical Barriers, Gaps, and Opportunities Related to Home Energy Upgrade Market Delivery

    Energy Technology Data Exchange (ETDEWEB)

    Bianchi, M. V. A.

    2011-11-01

    This report outlines the technical barriers, gaps, and opportunities that arise in executing home energy upgrade market delivery approaches, as identified through research conducted by the U.S. Department of Energy's Building America program. The objective of this report is to outline the technical1 barriers, gaps, and opportunities that arise in executing home energy upgrade market delivery approaches, as identified through research conducted by the U.S. Department of Energy's (DOE) Building America program. This information will be used to provide guidance for new research necessary to enable the success of the approaches. Investigation for this report was conducted via publications related to home energy upgrade market delivery approaches, and a series of interviews with subject matter experts (contractors, consultants, program managers, manufacturers, trade organization representatives, and real estate agents). These experts specified technical barriers and gaps, and offered suggestions for how the technical community might address them. The potential benefits of home energy upgrades are many and varied: reduced energy use and costs; improved comfort, durability, and safety; increased property value; and job creation. Nevertheless, home energy upgrades do not comprise a large part of the overall home improvement market. Residential energy efficiency is the most complex climate intervention option to deliver because the market failures are many and transaction costs are high (Climate Change Capital 2009). The key reasons that energy efficiency investment is not being delivered are: (1) The opportunity is highly fragmented; and (2) The energy efficiency assets are nonstatus, low-visibility investments that are not properly valued. There are significant barriers to mobilizing the investment in home energy upgrades, including the 'hassle factor' (the time and effort required to identify and secure improvement works), access to financing, and the

  16. 77 FR 71414 - M&R Energy Resources Corp.; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-11-30

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission M&R Energy Resources Corp.; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of M&R Energy Resources Corp.'s application for market-based rate...

  17. 77 FR 20380 - Iron Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

    Science.gov (United States)

    2012-04-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Iron Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing...-referenced proceeding of Iron Energy LLC's application for market-based rate authority, with an...

  18. 77 FR 64980 - Collegiate Clean Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-10-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Collegiate Clean Energy, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Collegiate Clean Energy, LLC's application for market-based rate...

  19. 75 FR 41854 - SGE Energy Sourcing, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2010-07-19

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission SGE Energy Sourcing, LLC; Supplemental Notice That Initial Market-Based Rate... notice in the above-referenced proceeding of SGE Energy Sourcing, LLC's application for market-based rate...

  20. 76 FR 15306 - Aspen Merchant Energy LP; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2011-03-21

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Aspen Merchant Energy LP; Supplemental Notice That Initial Market-Based Rate...-referenced proceeding of Aspen Merchant Energy LP's application for market-based rate authority, with...

  1. 75 FR 70743 - Seneca Energy, II LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Science.gov (United States)

    2010-11-18

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Seneca Energy, II LLC; Supplemental Notice That Initial Market- Based Rate... notice in the above-referenced proceeding Seneca Energy, II LLC's application for market-based...

  2. 77 FR 41400 - Mehoopany Wind Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-07-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Mehoopany Wind Energy LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Mehoopany Wind Energy LLC's application for market-based rate...

  3. 77 FR 47625 - Laurel Hill Wind Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-08-09

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Laurel Hill Wind Energy, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of Laurel Hill Wind Energy, LLC's application for market-based...

  4. 77 FR 28593 - Rippey Wind Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-05-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Rippey Wind Energy LLC; Supplemental Notice That Initial Market- Based Rate...-referenced proceeding of Rippey Wind Energy LLC's application for market-based rate authority, with...

  5. 77 FR 21555 - Flat Ridge 2 Wind Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-04-10

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Flat Ridge 2 Wind Energy LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Flat Ridge 2 Wind Energy LLC's application for market-based...

  6. 77 FR 28594 - Bethel Wind Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-05-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Bethel Wind Energy LLC; Supplemental Notice That Initial Market- Based Rate...-referenced proceeding of Bethel Wind Energy LLC's application for market-based rate authority, with...

  7. 75 FR 18202 - Vantage Wind Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2010-04-09

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Vantage Wind Energy, LLC; Supplemental Notice That Initial Market-Based Rate... notice in the above-referenced proceeding of Vantage Wind Energy, LLC's application for market-based...

  8. 78 FR 4143 - Energy Storage Holdings, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2013-01-18

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Energy Storage Holdings, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of Energy Storage Holdings, LLC's application for market-based...

  9. 77 FR 53884 - North Sky River Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-09-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission North Sky River Energy, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of North Sky River Energy, LLC's application for market-based...

  10. 76 FR 67721 - Bishop Hill Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2011-11-02

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Bishop Hill Energy LLC; Supplemental Notice That Initial Market- Based Rate...-referenced proceeding of Bishop Hill Energy LLC's application for market-based rate authority, with...

  11. 77 FR 6109 - Bishop Hill Energy II LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-02-07

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Bishop Hill Energy II LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Bishop Hill Energy II LLC's application for market-based rate...

  12. 76 FR 67720 - Bishop Hill Energy III LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2011-11-02

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Bishop Hill Energy III LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Bishop Hill Energy III LLC's application for market-based rate...

  13. 76 FR 67721 - Bishop Hill Energy II LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2011-11-02

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Bishop Hill Energy II LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Bishop Hill Energy II LLC's application for market-based rate...

  14. 78 FR 34372 - TGP Energy Management, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2013-06-07

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission TGP Energy Management, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of TGP Energy Management, LLC's application for market-based rate...

  15. 78 FR 34371 - Centinela Solar Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2013-06-07

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Centinela Solar Energy, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of Centinela Solar Energy, LLC's application for market-based...

  16. 75 FR 359 - Google Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

    Science.gov (United States)

    2010-01-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Google Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing... the above-referenced proceeding of Google Energy LLC's application for market-based rate...

  17. 75 FR 74711 - Planet Energy (USA) Corp.; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2010-12-01

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Planet Energy (USA) Corp.; Supplemental Notice That Initial Market-Based... supplemental notice in the above-referenced proceeding, of Planet Energy (USA) Corp.'s application for market...

  18. 76 FR 26283 - Blue Chip Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Science.gov (United States)

    2011-05-06

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Blue Chip Energy LLC; Supplemental Notice That Initial Market- Based Rate...-referenced proceeding of Blue Chip Energy LLC's application for market-based rate authority, with...

  19. 77 FR 44611 - Russell City Energy Company, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2012-07-30

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Russell City Energy Company, LLC; Supplemental Notice That Initial Market... in the above-referenced proceeding, of Russell City Energy Company, LLC's application for market...

  20. 78 FR 38310 - Kiwi Energy NY LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Science.gov (United States)

    2013-06-26

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Kiwi Energy NY LLC; Supplemental Notice That Initial Market-Based Rate... notice in the above-referenced proceeding, of Kiwi Energy NY LLC's application for market-based...

  1. 78 FR 38310 - Kiwi Energy Inc.; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

    Science.gov (United States)

    2013-06-26

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Kiwi Energy Inc.; Supplemental Notice That Initial Market-Based Rate Filing...-referenced proceeding, of Kiwi Energy Inc.'s application for market-based rate authority, with...

  2. 78 FR 60270 - Platinum Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Science.gov (United States)

    2013-10-01

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Platinum Energy, LLC; Supplemental Notice That Initial Market- Based Rate...-referenced proceeding, of Platinum Energy, LLC's application for market-based rate authority, with...

  3. 77 FR 35373 - Duke Energy Dicks Creek, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-06-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Duke Energy Dicks Creek, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Duke Energy Dicks Creek, LLC's application for market-based...

  4. 77 FR 47625 - Beebe Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Science.gov (United States)

    2012-08-09

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Beebe Renewable Energy, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of Beebe Renewable Energy, LLC's application for market-based...

  5. 78 FR 16495 - Switch Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

    Science.gov (United States)

    2013-03-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Switch Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing...-referenced proceeding, of Switch Energy LLC's application for market-based rate authority, with...

  6. 75 FR 59259 - Turner Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Science.gov (United States)

    2010-09-27

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Turner Energy, LLC; Supplemental Notice That Initial Market-Based Rate... notice in the above-referenced proceeding of Turner Energy, LLC's application for market-based...

  7. 77 FR 27767 - Galaxy Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

    Science.gov (United States)

    2012-05-11

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Galaxy Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing...-referenced proceeding of Galaxy Energy LLC's application for market-based rate authority, with...

  8. A scoping study on energy-efficiency market transformation by California Utility DSM Programs

    Energy Technology Data Exchange (ETDEWEB)

    Eto, J.; Prahl, R.; Schlegel, J.

    1996-07-01

    Market transformation has emerged as a central policy objective for future publicly-funded energy-efficiency programs in California. California Public Utilities Commission (CPUC) Decision 95-12-063 calls for public funding to shift to activities designed to transform the energy-efficiency market. The CPUC envisions that funding {open_quotes}would only be needed for specific and limited periods of time to cause the market to be transformed{close_quotes}. At the same time, the CPUC also acknowledges that {open_quotes}there are many definitions of market transformation{close_quotes} ... and does {open_quotes}not attempt to refine those definitions today{close_quotes}. We argue that a definition of market transformation is essential. The literature is now replete with definitions, and an operational definition is needed for the CPUC to decide on which programs should be supported with public funds. The CPUC decision initially indicated a preference for programs that do not provide financial assistance 4-efficiency programs that rely on financial assistance to customers. However, energy customers have traditionally accounted for a substantial portion of California utility`s DSM programs, so the CPUC`s direction to use ratepayer funds to support programs that will transform the market raises critical questions about how to analyze what has happened in order to plan effectively for the future: Which utility energy-efficiency programs, including those that provide financial assistance to customers, have had market transforming effects? To what extent do current regulatory rules and practices encourage or discourage utilities from running programs that are designed to transform the market? Should the rules and programs be modified, and, if so, how, to promote market transformation?

  9. A scoping study on energy-efficiency market transformation by California Utility DSM Programs

    Energy Technology Data Exchange (ETDEWEB)

    Eto, J.; Prahl, R.; Schlegel, J.

    1996-07-01

    Market transformation has emerged as a central policy objective for future publicly-funded energy-efficiency programs in California. California Public Utilities Commission (CPUC) Decision 95-12-063 calls for public funding to shift to activities designed to transform the energy-efficiency market. The CPUC envisions that funding {open_quotes}would only be needed for specific and limited periods of time to cause the market to be transformed{close_quotes}. At the same time, the CPUC also acknowledges that {open_quotes}there are many definitions of market transformation{close_quotes} ... and does {open_quotes}not attempt to refine those definitions today{close_quotes}. We argue that a definition of market transformation is essential. The literature is now replete with definitions, and an operational definition is needed for the CPUC to decide on which programs should be supported with public funds. The CPUC decision initially indicated a preference for programs that do not provide financial assistance 4-efficiency programs that rely on financial assistance to customers. However, energy customers have traditionally accounted for a substantial portion of California utility`s DSM programs, so the CPUC`s direction to use ratepayer funds to support programs that will transform the market raises critical questions about how to analyze what has happened in order to plan effectively for the future: Which utility energy-efficiency programs, including those that provide financial assistance to customers, have had market transforming effects? To what extent do current regulatory rules and practices encourage or discourage utilities from running programs that are designed to transform the market? Should the rules and programs be modified, and, if so, how, to promote market transformation?

  10. Market barriers to energy efficiency: A critical reappraisal of the rationale for public policies to promote energy efficiency

    Energy Technology Data Exchange (ETDEWEB)

    Golove, W.H.; Eto, J.H. [Lawrence Berkeley National Lab., CA (United States). Energy and Environment Div.

    1996-03-01

    This report reviews current perspectives on market barriers to energy efficiency. Ratepayer-funded utility energy-efficiency programs are likely to change in scope, size, and nature as the deregulation process proceeds; the authors research focuses on understanding to what extent some form of future intervention may be warranted and how they might judge the success of particular interventions, especially those funded by ratepayers. They find that challenges to the existence of market barriers have, for the most part, failed to provide a testable alternative explanation for evidence suggesting that there is a substantial ``efficiency gap`` between a consumer`s actual investments in energy efficiency and those that appear to be in the consumer`s own interest. They then suggest that differences of opinion about the appropriateness of public policies stem not from disputes about whether market barriers exist, but from different perceptions of the magnitude of the barriers, and the efficacy and (possibly unintended) consequences of policies designed to overcome them. They conclude that there are compelling justifications for future energy-efficiency policies. Nevertheless, in order to succeed, they must be based on a sound understanding of the market problems they seek to correct and a realistic assessment of their likely efficacy. This understanding can only emerge from detailed investigations of the current operation of individual markets.

  11. Institutional Grounds of State Regulation of Interrelation of Subjects of the Electric Energy Market

    Directory of Open Access Journals (Sweden)

    Koliesnichenko Anastasiia S.

    2014-03-01

    Full Text Available The article improves the theoretical and mathematical mechanism in order to put in order institutional grounds of state regulation of interrelations that appear between subjects of the energy market in the process of electric energy trade. The article establishes structural and logical links between institutional factors of economic development and those functions of the state, which the state regulation of interrelations of subjects of the electric energy market is based upon. Based on the evolution approach the article analyses institutional instruments of state regulation of interrelation of subjects of the electric energy market, which takes into account specific features of its operation, specific conditions of development and creates a scientific and methodical basis for formation of concepts, strategies and programmes of development of the market of electric energy at the state level. The article considers and offers ways of improvement of the regulatory and legal provision of the process of state regulation of inter-subject relations of participants of the electric energy market with the aim of increase of scientific justification of draft laws and taking into consideration urgent problems when improving and developing regulatory and legal acts.

  12. Opportunities for public water utilities in the market of energy from water.

    Science.gov (United States)

    Mol, S S M; Kornman, J M; Kerpershoek, A J; van der Helm, A W C

    2011-01-01

    An inventory is made of the possibilities to recover sustainable energy from the water cycle by identifying different water flows in a municipal environment as a sustainable energy source. It is discussed what role public water utilities should play in the market of energy from water. This is done for Waternet, the public water utility of Amsterdam, by describing experiences on two practical applications for aquifer thermal energy storage and energy recovery from drinking water. The main conclusion is that public water utilities can substantially contribute to the production of sustainable energy, especially by making use of heat and cold from the water cycle. Public water utilities have the opportunity to both regulate and enter the market for energy from water.

  13. Wind energy and Swiss hydroelectric power; Windenergie und schweizerischer Wasserkraftpark

    Energy Technology Data Exchange (ETDEWEB)

    Ott, W.; Baur, M. [Econcept AG, Zuerich (Switzerland); Fritz, W.; Zimmer, Ch.; Feldmann, J. [Consentec GmbH, Aachen (Germany); Haubrich, H.-J.; Dany, G.; Schmoeller, H.; Hartmann, T. [Institut fuer Elektrische Anlagen und Energiewirtschaft RWTH Aachen (IAEW), Aachen (Germany)

    2004-07-01

    This final report for the Swiss Federal Office of Energy (SFOE) presents the results of a study made to analyse the possible changes in the European electricity supply system, in particular with reference to the increasing amount of wind-generated electricity. Also, the role of peak-power and the optimisation potential for Swiss hydropower was examined. The part to be played by Swiss wind power in the future and the government's sustainability strategy is also looked at. The report looks at electricity dealing in the European context and introduces a method of assessment for Swiss hydropower. The report's conclusions and recommendations cover the increasing importance of energy storage in hydropower schemes, the question if grid capacity is sufficient under the new conditions, the market liberalisation question and possible ecological problems that may be encountered.

  14. The Market Developments of Wind Energy - Accessibility, Availability and Acceptability

    Directory of Open Access Journals (Sweden)

    CHITIGA Georgiana

    2013-05-01

    Full Text Available This study is based on the reality to ensure the universal access to energy and to increase in the future, the global share of energy from renewable sources. The wind energy sector is developing and it records amazing ascent rates, the resources to this sector are priceless. The researches and technological developments have spurred the manufacture and installation of wind generators in an increasing rate, they are registering an exponential growth, even so, it can be stated, without fail, that the potential of wind energy pathways is underexploited. For the next years, we must grant importance for this environmentally-friendly energy, as well as, an efficient use together with the material resources, a circular economy, a water management, aiming at the minimal effects on the environment.

  15. Model documentation Coal Market Module of the National Energy Modeling System

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-04-30

    This report documents objectives and conceptual and methodological approach used in the development of the National Energy Modeling System (NEMS) Coal Market Module (CMM) used to develop the Annual Energy Outlook 1996 (AEO96). This report catalogues and describes the assumptions, methodology, estimation techniques, and source code of CMM`s three submodules: Coal Production Submodule, Coal Export Submodule, and Coal Distribution Submodule.

  16. Volatility Spillovers Between Energy and Agricultural Markets: A Critical Appraisal of Theory and Practice

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); Y. Li (Y); M.J. McAleer (Michael)

    2015-01-01

    markdownabstract__Abstract__ Energy and agricultural commodities and markets have been examined extensively, albeit separately, for a number of years. In the energy literature, the returns, volatility and volatility spillovers (namely, the delayed effect of a returns shock in one asset on the subse

  17. Volatility Spillovers between Energy and Agricultural Markets: A Critical Appraisal of Theory and Practice

    NARCIS (Netherlands)

    C-L. Chang (Chia-Lin); Y. Li (Y); M.J. McAleer (Michael)

    2015-01-01

    markdownabstract__Abstract__ Energy and agricultural commodities and markets have been examined extensively, albeit separately, for a number of years. In the energy literature, the returns, volatility and volatility spillovers (namely, the delayed effect of a returns shock in one asset on the subse

  18. Field Experience from Li-Ion BESS Delivering Primary Frequency Regulation in the Danish Energy Market

    DEFF Research Database (Denmark)

    Swierczynski, Maciej Jozef; Stroe, Daniel Ioan; Lærke, Rasmus

    2014-01-01

    In this paper it is presented the practical experience from operating a 1.6 MW/ 0.4 MWh lithium ion battery energy storage system, which is providing primary frequency regulation service on the Danish energy market. Aspects of the battery system requirements and the used control strategy...

  19. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Science.gov (United States)

    2010-04-01

    ... Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly or indirectly, in connection with the purchase or sale of electric energy or the purchase or sale of... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Prohibition of...

  20. Energy storage systems for renewable island systems. An enormous global market potential

    Energy Technology Data Exchange (ETDEWEB)

    Blechinger, Philipp [Reiner Lemoine Institut gGmbH, Berlin (Germany); Berlin Institute of Technology, Berlin (Germany). Dept. of Engineering; Howe, Enrico; Cader, Catherina; Plessmann, Guido; Hlusiak, Markus; Seguin, Robert; Breyer, Christian [Reiner Lemoine Institut gGmbH, Berlin (Germany)

    2012-07-01

    Mini-grids with high shares of renewable energies usually require energy storage systems based on technological and economic reasons. According to natural conditions battery storage is often the only applicable storage technology and thus hybrid mini-grids can be considered as very attractive niche market in substitution of diesel minigrids. Unfortunately these mini-grids are difficult to identify in terms of location and size. Thus within this study small islands are analyzed to determine the market potential for energy storage systems. The focus is on tropical islands as they seem to be the most favourable islands due to their natural conditions. After simulating one hybrid energy system of Bequia, St Vincent, as case study, similar islands are identified via GIS analysis. The overall market potential for battery storage on tropical islands between 1,000 and 10,000 inhabitants ranges between 1.2 and 2.4 billion USD.

  1. Petroleum Market Model of the National Energy Modeling System

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-01-01

    The purpose of this report is to define the objectives of the Petroleum Market Model (PMM), describe its basic approach, and provide detail on how it works. This report is intended as a reference document for model analysts, users, and the public. The PMM models petroleum refining activities, the marketing of petroleum products to consumption regions. The production of natural gas liquids in gas processing plants, and domestic methanol production. The PMM projects petroleum product prices and sources of supply for meeting petroleum product demand. The sources of supply include crude oil, both domestic and imported; other inputs including alcohols and ethers; natural gas plant liquids production; petroleum product imports; and refinery processing gain. In addition, the PMM estimates domestic refinery capacity expansion and fuel consumption. Product prices are estimated at the Census division level and much of the refining activity information is at the Petroleum Administration for Defense (PAD) District level. This report is organized as follows: Chapter 2, Model Purpose; Chapter 3, Model Overview and Rationale; Chapter 4, Model Structure; Appendix A, Inventory of Input Data, Parameter Estimates, and Model Outputs; Appendix B, Detailed Mathematical Description of the Model; Appendix C, Bibliography; Appendix D, Model Abstract; Appendix E, Data Quality; Appendix F, Estimation methodologies; Appendix G, Matrix Generator documentation; Appendix H, Historical Data Processing; and Appendix I, Biofuels Supply Submodule.

  2. Estonia 2013: Energy Policies Beyond IEA Countries

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-08-01

    One of the fastest-growing economies in the OECD, Estonia is actively seeking to reduce the intensity of its energy system. Many of these efforts are focused on oil shale, which the country has been using for almost a century and which meets 70% of its energy demand. While it provides a large degree of energy security, oil shale is highly carbon-intensive. The government is seeking to lessen the negative environmental impact by phasing out old power plants and developing new technologies to reduce significantly CO2 emissions. The efforts on oil shale complement Estonia’s solid track record of modernising its overall energy system. Since restoring its independence in 1991, Estonia has fully liberalised its electricity and gas markets and attained most national energy policy targets and commitments for 2020. It has also started preparing its energy strategy to 2030, with an outlook to 2050. Estonia is also promoting energy market integration with neighbouring EU member states. The strengthening of the Baltic electricity market and its timely integration with the Nordic market, as well as the establishment of a regional gas market, are therefore key priorities for Estonia. Following its accession to the Organisation for Economic Co-operation and Development (OECD) in 2010, Estonia applied for International Energy Agency (IEA) membership in 2011. This review of Estonia’s energy policies is part of the IEA accession process. It analyses the energy policy challenges and opportunities facing Estonia, and provides critiques and recommendations for future policy improvements. It is intended to guide the country towards a more secure and sustainable energy future.

  3. Emissions impacts of wind and energy storage in a market environment.

    Science.gov (United States)

    Sioshansi, Ramteen

    2011-12-15

    This study examines the emissions impacts of adding wind and energy storage to a market-based electric power system. Using Texas as a case study, we demonstrate that market power can greatly effect the emissions benefits of wind, due to most of the coal-fired generation being owned by the two dominant firms. Wind tends to have less emissions benefits when generators exercise market power, since coal-fired generation is withheld from the market and wind displaces natural gas-fired generators. We also show that storage can have greater negative emissions impacts in the presence of wind than if only storage is added to the system. This is due to wind increasing on- and off-peak electricity price differences, which increases the amount that storage and coal-fired generation are used. We demonstrate that this effect is exacerbated by market power.

  4. Review of Real-time Electricity Markets for Integrating Distributed Energy Resources and Demand Response

    DEFF Research Database (Denmark)

    Wang, Qi; Zhang, Chunyu; Ding, Yi

    2015-01-01

    reviews typical RTMs respectively in the North America, Australia and Europe, focusing on their market architectures and incentive policies for integrating DER and DR in electricity markets. In this paper, RTMs are classified into three groups: Group I applies nodal prices implemented by optimal power......The high penetration of both Distributed Energy Resources (DER) and Demand Response (DR) in modern power systems requires a sequence of advanced strategies and technologies for maintaining system reliability and flexibility. Real-time electricity markets (RTM) are the nondiscriminatory transaction...... flow, which clears energy prices every 5 minutes. Group II applies zonal prices, with the time resolution of 5-min. Group III is a general balancing market, which clears zonal prices intro-hourly. The various successful RTM experiences have been summarized and discussed, which provides a technical...

  5. The Role of Fusion in the Future World Energy Market

    Science.gov (United States)

    Sheffield, John

    1996-05-01

    The energy world, in which fusion energy must compete, has changed in recent years with the prospect of a 40-year supply of low-cost oil and gas. This cheap fuel represents a one-time opportunity for developing countries to raise their standards of living, and if historical trends continue, lower their rate of population growth. This brief opportunity for cheap fossil-fuel and the similar 40-year period to commercialize fusion are transients when viewed against the time scale of civilization. We need to develop and deploy the long-term energy sources, such as fusion (fission and 'renewables'), and in all cases improve energy efficiency before the fossil fuels rise in cost and a large fraction of a burgeoning world population is condemned to permanent poverty.

  6. Restoring Equilibrium to Natural Gas Markets: Can Renewable Energy Help?

    Energy Technology Data Exchange (ETDEWEB)

    Wiser, Ryan; Bolinger, Mark

    2005-01-01

    Heightened natural gas prices have emerged as a key energy-policy challenge for at least the early part of the 21st century. With the recent run-up in gas prices and the expected continuation of volatile and high prices in the near future, a growing number of voices are calling for increased diversification of energy supplies. Proponents of renewable energy technologies identify these clean energy sources as an important part of the solution. Increased deployment of renewable energy (RE) can hedge natural gas price risk in more than one way, but a recent report by Berkeley Lab evaluates one such benefit in detail: by displacing gas-fired electricity generation, RE reduces natural gas demand and thus puts downward pressure on gas prices. Many recent modeling studies of increased RE deployment have demonstrated that this ''secondary'' effect of lowering natural gas prices could be significant; as a result, this effect is increasingly cited as justification for policies promoting RE. The Berkeley Lab report summarizes recent modeling studies that have evaluated the impact of RE deployment on gas prices, reviews the reasonableness of the results of these studies in light of economic theory and other research, and develops a simple tool that can be used to evaluate the impact of RE on gas prices without relying on a complex national energy model.

  7. Electric vehicles and renewable energy in the transport sector - energy system consequences. Main focus: Battery electric vehicles and hydrogen based fuel cell vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Nielsen, L.H.; Joergensen, K.

    2000-04-01

    The aim of the project is to analyse energy, environmental and economic aspects of integrating electric vehicles in the future Danish energy system. Consequences of large-scale utilisation of electric vehicles are analysed. The aim is furthermore to illustrate the potential synergistic interplay between the utilisation of electric vehicles and large-scale utilisation of fluctuating renewable energy resources, such as wind power. Economic aspects for electric vehicles interacting with a liberalised electricity market are analysed. The project focuses on battery electric vehicles and fuel cell vehicles based on hydrogen. Based on assumptions on the future technical development for battery electric vehicles, fuel cell vehicles on hydrogen, and for the conventional internal combustion engine vehicles, scenarios are set up to reflect expected options for the long-term development of road transport vehicles. Focus is put on the Danish fleet of passenger cars and delivery vans. The scenario analysis includes assumptions on market potential developments and market penetration for the alternative vehicles. Vehicle replacement rates in the Danish transport fleet and the size of fleet development are based on data from The Danish Road Directorate. The electricity supply system development assumed is based on the Danish energy plan, Energy 21, The Plan scenario. The time horizon of the analysis is year 2030. Results from the scenario analysis include the time scales involved for the potential transition towards electricity based vehicles, the fleet composition development, the associated developments in transport fuel consumption and fuel substitution, and the potential CO{sub 2}-emission reduction achievable in the overall transport and power supply system. Detailed model simulations, on an hourly basis, have furthermore been carried out for year 2005 that address potential electricity purchase options for electric vehicles in the context of a liberalised electricity market

  8. Law project relative to the energy markets; Projet de loi relatif aux marches energetiques

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-09-25

    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. Using Corporate Social Marketing in the Power Sector: A Case Study on Energy Efficiency

    OpenAIRE

    Andrea Saraiva; Patrícia Pinto; Dora Agapito

    2015-01-01

    This research was conducted both in Portugal and Brazil and explores energy efficiency (EE) behavioral change programs implemented by a non-state-owned company selling electricity to residential consumers in both markets. In order to understand to what extent the corporate social marketing (CSM) framework is being used in these programs, the motivations of non-state-owned companies to implement EE programs and the approach underpinning these projects are analyzed. Furthermore, this study c...

  10. Exposure to digital marketing enhances young adults’ interest in energy drinks: An exploratory investigation

    OpenAIRE

    Buchanan, Limin; Kelly, Bridget; Yeatman, Heather

    2017-01-01

    Young adults experience faster weight gain and consume more unhealthy food than any other age groups. The impact of online food marketing on “digital native” young adults is unclear. This study examined the effects of online marketing on young adults’ consumption behaviours, using energy drinks as a case example. The elaboration likelihood model of persuasion was used as the theoretical basis. A pre-test post-test experimental research design was adopted using mixed-methods. Participants (age...

  11. Analysis of Strategic Wind Power Participation in Energy Market using MASCEM simulator

    DEFF Research Database (Denmark)

    Soares, Tiago; Santos, Gabriel; Pinto, Tiago

    2015-01-01

    In recent years the reassessment of remuneration schemes for renewable sources in several European countries has motivated the increase of wind power generation participation in electricity markets. Moreover, the continuous growth of wind power generation, as well as the evolution of wind turbines...... technology, suggests that wind power plants may participate in both energy and ancillary services markets with strategic behavior to improve their benefits. Thus, wind power generation with strategic behavior may have impact on market equilibrium and pricing. This paper evaluates the impact of a proportional...

  12. Geothermal Program Review X: proceedings. Geothermal Energy and the Utility Market -- the Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    Each year the Geothermal Division of the US Department of Energy conducts an in-depth review of its entire geothermal R&D program. The conference serves several purposes: a status report on current R&D activities, an assessment of progress and problems, a review of management issues, and a technology transfer opportunity between DOE and the US geothermal city. This year`s conference, Program Review X, was held in San Francisco on March 24--26, 1992. The theme of the review, ``Geothermal Energy and the Utility Market -- The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market,`` focused on the needs of the electric utility sector. Geothermal energy, with its power capacity potential of 10 GWe by the year 2010, can provide reliable, enviromentally clean electricity which can help offset the projected increase in demand. Program Review X consisted of seven sessions including an opening session with presentations by Mr. Vikram Budhraja, Vice President of System Planning and Operations, Southern California Edison Company, and Mr. Richard Jaros, President and Chief Operating Officer, California Energy Company. The six technical sessions included presentations by the relevant field researchers covering DOE-sponsored R&D in hydrothermal, hot dry rock, and geopressured energy. Individual projects are processed separately for the data bases.

  13. Liberalising trade in health services: constraints and prospects for South Asian countries.

    Science.gov (United States)

    Khatun, Fahmida; Ahamad, Mazbahul

    2015-01-01

    This paper attempts to examine the prospects and challenges associated with liberalising trade in health services in five South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka. Country-specific secondary information, a brief literature review of empirical studies and debriefing sessions with key stakeholders are employed to explore the issues related to liberalising health services trade. The health sectors in India, Nepal and Pakistan are scheduled under General Agreement on Trade in Services (GATS) classification, whereas those in Bangladesh and Sri Lanka are not. In Bangladesh, there is opportunity for investment in joint venture hospitals under Mode 3. Nonetheless, India is the largest trader in health services under all four modes. In Sri Lanka, cross-border trade in healthcare services is found to be insignificant. Moreover, expertise in eye treatment in Nepal could also attract foreign investment in medical services under Mode 3. In contrast, Pakistan exhibits no potential under Mode 4, because of a lack of healthcare professionals. In this view, the prospects of trade in health services within the South Asian region under the four GATS modes are constrained by infrastructural, regulatory, perception-related, logistical and cultural problems. Considering the level of development and commercial opportunities, regional integration in the health sector could be explored in such areas as telemedicine, medical tourism, cross-border investment and capacity building of health personnel. These developments call for stronger and pro-active government-to-government collaboration in the South Asian Association of Regional Cooperation (SAARC) region in a transparent and accountable manner.

  14. Long-term Stochastic Forecasting of the Nuclear Energy Global Market

    OpenAIRE

    Vladimir Kharitonov; Uliana Kurelchuk; Sergey Masterov

    2015-01-01

    As a result of a number of catastrophic events in the nuclear energy sector, the increasing attention paid to the industry has acquired an undesirable and negative nuance. At the same time, this key economic industry — with high innovation potential — has achieved significant progress in making energy production more efficient and reducing production costs. The authors of this article set out their own model to assess the future state of the nuclear energy market and pres...

  15. Market potential for optical fiber sensors in the energy sector

    Science.gov (United States)

    Bosselmann, T.

    2007-07-01

    For a long time electric power was taken as a natural unlimited resource. With globalisation the demand for energy has risen. This has brought rising prices for fossil fuels, as well as a diversification of power generation. Besides conventional fossil, nuclear plants are coming up again. Renewable energy sources are gaining importance resulting in recent boom of wind energy plants. In the past reliability and availability and an extremely long lifetime were of paramount importance. Today this has been added by cost, due to the global competition and the high fuel costs. New designs of power components have increased efficiency using lesser material. Higher efficiency causes inevitably higher stress on the materials, of which the machines are built. As a reduction of lifetime is not acceptable and maintenance costs are expected to be at a minimum, condition monitoring systems are going to being used now. This offers potentials for fibre optic sensor application.

  16. Historical study regarding the protection of consumers within the electric energy and natural gas markets

    Directory of Open Access Journals (Sweden)

    Ramona Pîrvu

    2013-06-01

    Full Text Available The supply of electric energy and natural gas is a service of general interest, with a vital importance in satisfying the consumer’s basic needs. The conducted research is descriptive and its main focus is on the study of the field literature, aiming at aspects such as identifying the historic evolution of the electric energy and natural gas markets in Romania, the behaviour of companies operating on these markets and their impact on the consumers’ rights. The research methodology has been established starting from a synthetic analysis of the most recent published studies on the observation of the European policy in the energy field and EU’s efforts to build up a single, competitive market, including two sectors that not long ago were dominated by monopolistic national actors: electric energy and gas. The research methods imply study monitoring and reports as well as forecast analyses regarding the capacity of the Three Energy Packages, once implemented, to support the creation of competitive, transparent and uniformly regulated energy markets within the EU countries, in order to ensure the protection of the consumers of these general interest services. The research has a dual approach, combining quantitative and qualitative elements as well as conducting the analysis of the correlations between the efforts and effects registered in the field of consumer protection. The first section of the article offers conceptual clarifications regarding both the European policy in the energy field and the consumers of general economic services. The second section gives an insight into the energy and gas markets in Romania as well as the main obstacles in the way of their liberalization. The third section presents the efforts made with respect to consumer protection in the field of energy, analyzing the European Directives’ fundamental ideas regarding the protection of consumers and the phase of their embedment into our legislation in order to achieve

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

    Energy Technology Data Exchange (ETDEWEB)

    Dieckhoener, Caroline

    2013-02-01

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

  18. Strategic sizing of energy storage facilities in electricity markets

    DEFF Research Database (Denmark)

    Nasrolahpour, Ehsan; Kazempour, Seyyedjalal; Zareipour, Hamidreza

    2016-01-01

    This paper proposes a model to determine the optimasize of an energy storage facility from a strategic investor’s perspective. This investor seeks to maximize its profit through making strategic planning, i.e., storage sizing, and strategic operational, i.e., offering and bidding, decisions. We...... consider the uncertainties associated with rival generators’ offering strategies and future load levels in the proposed model. The strategic investment decisions include the sizes of charging device, discharging device and energy reservoir. The proposed model is a stochastic bi-level optimization problem...

  19. Establishing a Common Definition for Zero Energy Buildings: Time to Move the Market

    Energy Technology Data Exchange (ETDEWEB)

    Peterson, Kent; Torcellini, Paul; Taylor, Cody; Grant, Roger

    2016-08-26

    To change the current paradigm from buildings being consumers of energy to producers of energy requires a common language to facilitate market transformation. Common definitions help create market movement by sharing concepts across market actors. While the term 'zero energy buildings' has been in the marketplace for over 20 years, no common definition had been established. US DOE, last year, embarked on a process to evaluate current definitions and solicit industry input to formulate a common definition and nomenclature for zero energy buildings. This definition uses commonly available site measurements and national conversion factors to define zero energy buildings on a source energy basis for a variety of boundary conditions including building, portfolio, campus, and community. Issues addressed include multiple fuel types, cogeneration, and renewable energy certificates. This paper describes the process used to arrive at the definition, looks at methods of calculating site to source energy conversions, and how boundary decisions affect a robust and stable definition that can be used to direct programs and policies for many years to come. This stability is critical to move building investments towards buildings that produce as much energy as they consume.

  20. Law of the energy economy. A practical manual. 4. new rev. ed.; Recht der Energiewirtschaft. Praxishandbuch

    Energy Technology Data Exchange (ETDEWEB)

    Schneider, Jens-Peter [Freiburg Univ. (Germany); Theobald, Christian (ed.)

    2013-07-01

    This manual presents the laws governing the electricity and gas markets, a field that has evolved at ever greater speed since the onset of liberalisation. Its content is of practical relevance and well-founded, yet nonetheless readily comprehensible to the layman. Following introductory sections on the technical and economic as well as national and European foundations of energy law are a wealth of contributions offering detailed analyses of the regulation of market structures; planning and licensing of energy infrastructure and energy installations; granting of municipal concessions to energy supply companies; trade in energy and emission permits as well as grid operation and grid utilisation; energy regulatory authorities and procedures; promotion of renewable energy, cogeneration and energy saving. The manual consistently takes account of the relevant regulations of cartel, municipal, environmental, tax, contractual and financial market law. Links to energy law proper are duly covered wherever practically relevant. The following legislation in particular has been incorporated in this new edition: 2011 amendment to the Energy Economy Law (unbundling, transmission system operator, grid development plans, modernisation in metrology, new consumer rights); 2012 amendment to the Nuclear Energy Law; Grid Expansion Acceleration and Transmission System Law of 2011 (NABEG); Renewable Energy Law of 2012; and Cogeneration Law of 2012.

  1. Wanted: institutions for balancing global food and energy markets.

    NARCIS (Netherlands)

    Koning, N.B.J.; Mol, A.P.J.

    2009-01-01

    The increasing demand for biomass for energy use is further escalating existing food security risks. Managing these risks is a task for global institutions. These should ensure timely investment in the world's capacity for producing biomass and balance the use of this biomass for foods and for non-f

  2. Nuclear-Renewable Hybrid Energy System Market Analysis Plans

    Energy Technology Data Exchange (ETDEWEB)

    Ruth, Mark

    2016-06-09

    This presentation describes nuclear-renewable hybrid energy systems (N-R HESs), states their potential benefits, provides figures for the four tightly coupled N-R HESs that NREL is currently analyzing, and outlines the analysis process that is underway.

  3. Market Energy efficient and new fuel automobile developments

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    <正>Tsinghua University develops mini electric car OUYANG Mingbao, dean of automotive engineering and director of the key national laboratory of automobile safety and energy efficiency, has recently delivered a speech on the development of mini electric car in the university.

  4. Renewable energy integration into the Australian National Electricity Market: Characterising the energy value of wind and solar generation

    OpenAIRE

    Nicholas Boerema; Merlinde Kay; Iain MacGill

    2010-01-01

    This paper examines how key characteristics of the underlying wind and solar resources may impact on their energy value within the Australian National Electricity Market(NEM). Analysis has been performed for wind generation using half hour NEM data for South Australia over the 2008-9 financial year. The potential integration of large scale solar generation has been modelled using direct normal solar radiant energy measurements from the Bureau of Meteorology for six sites across the NEM. For w...

  5. Investigation into the use of market segmentation analysis in transportation energy planning

    Energy Technology Data Exchange (ETDEWEB)

    Trombly, J.W.

    1985-01-01

    This research explores the application of market-segmentation analysis in transportation energy planning. The study builds on the concepts of market segmentation developed in the marketing literature to suggest a strategy of segmentation analysis for use in transportation planning. Results of the two statewide telephone surveys conducted in 1979 and 1980 for the New York State Department of Transportation are used as the data base for identifying target segments. Subjects in these surveys were asked to indicate which of 18 energy conservation actions had been implemented over the prior year to conserve gasoline. These responses serve as the basis for segmentation. Two alternative methods are pursued in identifying target market segments for purposes of transportation energy planning. The first approach consists of the application of conventional multivariate analysis procedures. The second method exploits the principles of latent trait or modern test theory. Results of the conventional analysis suggest that the data collected can be divided into eight segments. Results of the application of latent trait theory identify three market segments. Results of this study may be used to design future responses to energy shortages in addition to suggesting strategies to be pursued in measuring consumer response.

  6. 77 FR 24941 - Vantage Wind Energy LLC; Order Accepting Updated Market Power Analysis and Providing Direction on...

    Science.gov (United States)

    2012-04-26

    ... Energy Regulatory Commission Vantage Wind Energy LLC; Order Accepting Updated Market Power Analysis and... vertical market power.\\10\\ As discussed ] below, we find that Vantage Wind satisfies the Commission's... its power to its power purchasers. Vantage Wind further states that none of Polsky Energy, Invenergy...

  7. 75 FR 27551 - Commercial Energy of Montana, Inc.; Supplemental Notice That Initial Market-Based Rate Filing...

    Science.gov (United States)

    2010-05-17

    ... Energy Regulatory Commission Commercial Energy of Montana, Inc.; Supplemental Notice That Initial Market... supplemental notice in the above-referenced proceeding of Commercial Energy of Montana, Inc.'s application for market-based rate authority, with an accompanying rate tariff, noting that such application includes...

  8. 75 FR 14342 - Market-Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by...

    Science.gov (United States)

    2010-03-25

    ... Energy Regulatory Commission 18 CFR Part 35 Market-Based Rates for Wholesale Sales of Electric Energy... Electric Energy, Capacity and Ancillary Services by Public Utilities, Order No. 697- C, FERC Stats. & Regs. ] 31,291 (2009). \\2\\ 18 CFR 35.42. \\3\\ Market-Based Rates for Wholesale Sales of Electric...

  9. Impact of Energy Transition in Germany on the Nordic Power Market – A Blessing or Curse?

    DEFF Research Database (Denmark)

    Zakeri, Behnam; Syri, Sanna; Connolly, David

    2015-01-01

    , leading to various plans for expanding the interconnectors to continental Europe. For example, a new transmission line (NordLink) between Norway and Germany is to be built by 2018 which increases the trade possibilities by 1400 MWh/h. The detailed analysis of the impacts of energy transitions......The European energy policy emphasizes the establishment of EU-wide internal energy markets as a reliable solution in increasing the security of supply, optimal use of internal energy resources, and improved economic competitiveness. With respect to the power sector, the EU’s strategy is to further...... in the installed capacity of variable renewable energy (VRE) in Germany (Energiewende), has offered new opportunities and challenges that may affect the connected power markets, including the Nordic. The highlevel hydro storage capacity in the Nordics is deemed a solution for balancing the electricity from VRE...

  10. The performance of composite forecast models of value-at-risk in the energy market

    Energy Technology Data Exchange (ETDEWEB)

    Chiu, Yen-Chen [Department of Finance, National Taichung Institute of Technology (China); Chuang, I-Yuan; Lai, Jing-Yi [Department of Finance, National Chung Cheng University (China)

    2010-03-15

    This paper examines a comparative evaluation of the predictive performance of various Value-at-Risk (VaR) models in the energy market. This study extends the conventional research in literature, by proposing composite forecast models for applying to Brent and WTI crude oil prices. Forecasting techniques considered here include the EWMA, stable density, Kernel density, Hull and White, GARCH-GPD, plus composite forecasts from linearly combining two or more of the competing models above. Findings show Hull and White to be the most powerful approach for capturing downside risk in the energy market. Reasonable results are also available from carefully combining VaR forecasts. (author)

  11. 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...... 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....

  12. Energy Policies of IEA Countries: Hungary 2006 Review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    Hungary has arrived at an important moment in its energy policy. The Hungarian government has improved energy policies in a number of areas. Still, significant challenges remain. To prepare the country for the full liberalisation of the EU electricity and gas market by July 2007, further steps in market reform are urgently required. At this point in time, there is no clarity about the system under which the market should operate after its full opening. Subsidies are another problem. Even though substantial progress has been made in reforming payments to gas consumers, the overall level of subsidies to producers and consumers of energy needs to be reviewed. This analysis makes recommendations to tackle these concerns and also discusses the potential contribution of energy efficiency to increasing energy security and economic competitiveness. The gas dispute between Russia and Ukraine in January 2006 focused global attention on consumer nations' vulnerability to supply disruptions. The Hungarian government has since placed greater emphasis on diversification of suppliers and has supported the development of new routes to bring gas into Europe. Hungary has dramatically improved its energy efficiency during the last 15 years. Nevertheless, enhanced efficiency, particularly in the field of gas use will continue to play a key role for securing future national energy supplies. This review has identified significant room for progress particularly in the gas-to-power sector, where old power stations need to be replaced, and in the residential sector, where improved thermal performance of Hungarian housing could bring impressive results.

  13. The role of warehouse receipt systems in enhanced commodity marketing and rural livelihoods in Africa

    OpenAIRE

    Coulter, J.; Onumah, G.

    2002-01-01

    Most African countries have, since the 1980s, liberalised agriculture without experiencing food crisis, as feared by sceptics, but the outcome of reforms has been rather disappointing and agricultural markets remain nderdeveloped and inefficient. One means to improve agricultural marketing, which is the focus of this paper, is to develop regulated warehouse receipt (WR) systems. The system will curtail cheating on weights and measures; ease access to finance at all levels in the marketing cha...

  14. Three essays on regulated markets. Renewable energies, hospital competition and health insurance

    Energy Technology Data Exchange (ETDEWEB)

    Unfried, Matthias

    2012-11-15

    This doctoral thesis presents an analysis of regulated markets especially focusing on the behavior of the actors, the effects of regulatory interventions on market outcome, and the necessity of the regulation itself. With respect to the particular characteristics, three different markets are analyzed: the German market for photovoltaic capacity, the German hospital sector, and the market for health insurance with respect to outpatient care. Chapter two provides an analysis of the German system of feed-in tariffs for photovoltaic power with respect to effectiveness and efficiency. To ensure a certain volume of investment in photovoltaic capacity investors receive fixed feed-in tariffs for 20 years for each unit of energy they feed into the grid. This remuneration is reduced according to a certain cut-off scheme for devices which will be installed in the future. In the past view years, an enormous volume of photovoltaic devices has been installed, especially in the weeks before the cut-offs. To analyze the efficiency and the effectiveness of the German feed-in tariff system, first, the determinants of such investment are analyzed by estimating an Error Correction model. The results of the estimation are used to simulate alternative mechanisms of adjusting the feed-in tariffs and compare them to the current regime in terms of target achievement and social costs. One of the key results is that the current system causes early investments, but does not induce over-investment. Moreover, it is shown that a system of continuously adjusted feed-in tariffs could be more appropriate than the current regime and that the adjustment should be related to the investment costs. In chapter three, the German hospital market which is characterized by regulated treatment fees and several different ownership types is analyzed. This part of the thesis tries to answer the question how the existence of non-profit hospitals influences market outcome and welfare compared to a market where

  15. Exposure to digital marketing enhances young adults’ interest in energy drinks: An exploratory investigation

    Science.gov (United States)

    Buchanan, Limin; Kelly, Bridget; Yeatman, Heather

    2017-01-01

    Young adults experience faster weight gain and consume more unhealthy food than any other age groups. The impact of online food marketing on “digital native” young adults is unclear. This study examined the effects of online marketing on young adults’ consumption behaviours, using energy drinks as a case example. The elaboration likelihood model of persuasion was used as the theoretical basis. A pre-test post-test experimental research design was adopted using mixed-methods. Participants (aged 18–24) were randomly assigned to control or experimental groups (N = 30 each). Experimental group participants’ attitudes towards and intended purchase and consumption of energy drinks were examined via surveys and semi-structured interviews after their exposure to two popular energy drink brands’ websites and social media sites (exposure time 8 minutes). Exposure to digital marketing contents of energy drinks improved the experimental group participants’ attitudes towards and purchase and consumption intention of energy drinks. This study indicates the influential power of unhealthy online marketing on cognitively mature young adults. This study draws public health attentions to young adults, who to date have been less of a focus of researchers but are influenced by online food advertising. PMID:28152016

  16. Energy efficiency programs for niche markets: The Labs21 program as an exemplar

    Energy Technology Data Exchange (ETDEWEB)

    Wirdzek, Phillip; Lintner, William; Mathew, Paul; Carlisle, Nancy

    2004-06-01

    Most federal programs that promote energy efficiency and environmental sustainability in the building industry focus on the larger market segments such as offices, residential buildings, etc. Niche markets such as laboratories are often overlooked and beyond the scope of such programs, for at least two reasons: (a) by definition, niche markets are a relatively small ''wedge'' of the overall energy consumption ''pie''; and (b) laboratories have health and safety concerns, complex flexibility requirements and are perceived to be less amenable to broadly applicable strategies. Nevertheless, laboratories and other ''high-tech'' buildings demand the attention of the energy efficiency and sustainable design community for several reasons: (1) They are a growing segment of the building sector. (2) They are very energy and resource intensive laboratories on average are four to six times as energy intensive as office buildings, and five to ten times as expensive to build. (3) There are significant opportunities for efficiency and conservation, especially when compared to other buildings. In this paper, we describe how the Labs21 program, a joint program of the US EPA and US DOE, is structured to meet these needs recognizing that laboratories require very specialized engineering and design knowledge not addressed in academia or industry, and not readily shared to a level commensurate with the needs of this building sector. While Labs21 is focused on one niche market, we also highlight some experiences from this program applicable to other specialized building types.

  17. Exposure to digital marketing enhances young adults' interest in energy drinks: An exploratory investigation.

    Science.gov (United States)

    Buchanan, Limin; Kelly, Bridget; Yeatman, Heather

    2017-01-01

    Young adults experience faster weight gain and consume more unhealthy food than any other age groups. The impact of online food marketing on "digital native" young adults is unclear. This study examined the effects of online marketing on young adults' consumption behaviours, using energy drinks as a case example. The elaboration likelihood model of persuasion was used as the theoretical basis. A pre-test post-test experimental research design was adopted using mixed-methods. Participants (aged 18-24) were randomly assigned to control or experimental groups (N = 30 each). Experimental group participants' attitudes towards and intended purchase and consumption of energy drinks were examined via surveys and semi-structured interviews after their exposure to two popular energy drink brands' websites and social media sites (exposure time 8 minutes). Exposure to digital marketing contents of energy drinks improved the experimental group participants' attitudes towards and purchase and consumption intention of energy drinks. This study indicates the influential power of unhealthy online marketing on cognitively mature young adults. This study draws public health attentions to young adults, who to date have been less of a focus of researchers but are influenced by online food advertising.

  18. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience

    Energy Technology Data Exchange (ETDEWEB)

    Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

    2012-04-01

    Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.

  19. Optimal operation strategies of compressed air energy storage (CAES) on electricity spot markets with fluctuating prices

    DEFF Research Database (Denmark)

    Lund, Henrik; Salgi, Georges; Elmegaard, Brian;

    2009-01-01

    on electricity spot markets by storing energy when electricity prices are low and producing electricity when prices are high. In order to make a profit on such markets, CAES plant operators have to identify proper strategies to decide when to sell and when to buy electricity. This paper describes three...... plants will not be able to achieve such optimal operation, since the fluctuations of spot market prices in the coming hours and days are not known. Consequently, two simple practical strategies have been identified and compared to the results of the optimal strategy. This comparison shows that...... independent computer-based methodologies which may be used for identifying the optimal operation strategy for a given CAES plant, on a given spot market and in a given year. The optimal strategy is identified as the one which provides the best business-economic net earnings for the plant. In practice, CAES...

  20. The energy supply of China. Markets and policies; L'approvisionnement energetique de la Chine. Marches et politiques

    Energy Technology Data Exchange (ETDEWEB)

    Noel, P. [Institut Francais des Relations Internationales, 75 - Paris (France); Meidan, M. [Inalco, 75 - Paris (France)

    2005-07-15

    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.)