Energy Choices. Energy markets; Vaegval Energi. Energimarknader

Energy Technology Data Exchange (ETDEWEB)

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

2008-12-15

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

International wind energy development. World market update 2011. Forecast 2012-2016

Energy Technology Data Exchange (ETDEWEB)

2012-03-15

The World Market Update 2011 is BTM Consult's seventeenth edition of this annual wind energy market report. The report includes more than 80 tables, charts and graphs illustrating global wind market development, as well as a wind market forecast for 2012 - 2016 and predictions for the wind market through 2021. The report delivers several views on the fast-growing wind market, including: 1) Record installation of 41.7 GW. 2) Strong presence of four Chinese wind turbine suppliers in the Top 10 list. 3) China maintains the No. 1 market position in the world, with 17.6 GW of new capacity. 4) Offshore wind is on track for increased contribution to wind power in Europe. 5) Market value will grow from Euro 52.2 billion in 2011 to Euro 86.3 billion in 2016. 6) Direct drive turbines now account for 21.2% of the world's supply of wind power capacity. 7) Wind power will deliver 2.26% of the world's electricity in 2012. 8) Forecasts and predictions to 2021 indicate that wind power can meet 8.0% of the world's consumption of electricity by 2021. International Wind Energy Development - World Update 2011 includes individual country wind market assessments, incentives around the world, and detailed analysis of both the demand and supply sides of the wind market in 2011. This year's report reviews the latest developments in hydraulic drivetrains, identifies the pros and cons, and compares the hydraulic technology to the industry's three currently established drivetrain technologies: conventional gear-, direct and hybrid-drivetrains. (Author)

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.

Evaluation of the trading development in the Iberian Energy Derivatives Market

International Nuclear Information System (INIS)

Capitán Herráiz, Álvaro; Rodríguez Monroy, Carlos

2012-01-01

The efficiency of the Iberian Energy Derivatives Market in its first five and a half years is assessed in terms of volume, open interest and price. The continuous market shows steady liquidity growth. Its volume is strongly correlated to that of the Over The Counter (OTC) market, the amount of market makers, the enrolment of financial agents and generation companies belonging to the integrated group of last resort suppliers, and the OTC cleared volume in its clearing house. The hedging efficiency, measured through the ratio between the final open interest and the cleared volume, shows the lowest values for the Spanish base load futures as they are the most liquid contracts. The ex-post forward risk premium has diminished due to the learning curve and the effect of the fixed price retributing the indigenous coal fired generation. This market is quite less developed than the European leaders headquartered in Norway and Germany. Enrolment of more traders, mainly international energy companies, financial agents, energy intensive industries and renewable generation companies is desired. Market monitoring reports by the market operator providing post-trade transparency, OTC data access by the energy regulator, and assessment of the regulatory risk can contribute to efficiency gains. - Highlights: ► The continuous traded volumes in the Iberian power futures market grow steadily. ► Those volumes are correlated to OTC volumes and the enrolment of key players. ► Most liquid contracts show the smallest hedging ratio. ► Regulation fixing the coal fired generation price affects spot and forward prices. ► The overall efficiency can grow via market monitoring reports and OTC data access.

Evaluation of the Development of the Renewable Energy Markets in Russia

Directory of Open Access Journals (Sweden)

Irina Aleksandrovna Grechukhina

2016-12-01

Full Text Available The aim of this study is to systemize and present the quantitative and quality evaluation of the economic and non-economic effects of the implementation of the new mechanism of the support of renewable energy in Russia. It should allow meeting the middle-term goal of 2.5 % of renewables at the Russian wholesale electricity market by 2024. To achieve this aim, in the introduction part of the article, a detailed description of the new mechanism of the support of the renewable energy in Russia is presented. It is based on the payment for energy in the wholesale electricity market. The estimated aggregate positive effect resulting from this mechanism’s implementation was expected as follows: a replacement of non-renewable fossil fuels to renewable energy, b reduction of carbon dioxide emissions, c the average prices reduction in the wholesale electricity market, d reduction of the costs on environmental measures and health protection measures in traditional power generation, e creating new jobs, f reduction of fresh water used for cooling in traditional power generation, g multiplicative effects from the development of renewable energy and etc. The resulting economic effect is estimated at 47.77 billion rubles per year by 2024. The authors relied on expert estimates, forecasts of the Ministry of Energy and the Ministry of Economic Development, the Russian Energy Agency, the International Energy Agency, the International Agency for Renewable Energy, the Renewable Energy Policy Network for the 21st Century, the experience of foreign countries, the data of Russian Federal State Statistics Service.

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....

Market leadership by example: Government sector energy efficiency in developing countries

Energy Technology Data Exchange (ETDEWEB)

Van Wie McGrory, Laura; Harris, Jeffrey; Breceda, Miguel; Campbell, Stephanie; Sachu, Constantine; della Cava, Mirka; Gonzalez Martinez, Jose; Meyer, Sarah; Romo, Ana Margarita

2002-05-20

Government facilities and services are often the largest energy users and major purchasers of energy-using equipment within a country. In developing as well as industrial countries, government ''leadership by example'' can be a powerful force to shift the market toward energy efficiency, complementing other elements of a national energy efficiency strategy. Benefits from more efficient energy management in government facilities and operations include lower government energy bills, reduced greenhouse gas emissions, less demand on electric utility systems, and in many cases reduced dependence on imported oil. Even more significantly, the government sector's buying power and example to others can generate broader demand for energy-efficient products and services, creating entry markets for domestic suppliers and stimulating competition in providing high-efficiency products and services. Despite these benefits, with the exception of a few countries government sector actions have often lagged behind other energy efficiency policies. This is especially true in developing countries and transition economies - even though energy used by public agencies in these countries may represent at least as large a share of total energy use as the public sector in industrial economies. This paper summarizes work in progress to inventory current programs and policies for government sector energy efficiency in developing countries, and describes successful case studies from Mexico's implementation of energy management in the public sector. We show how these policies in Mexico, begun at the federal level, have more recently been extended to state and local agencies, and consider the applicability of this model to other developing countries.

The Swedish Energy Market 2005

International Nuclear Information System (INIS)

2005-10-01

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

Market introduction of renewable energy technologies

International Nuclear Information System (INIS)

1997-01-01

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

Liberalisation of the Dutch energy market

International Nuclear Information System (INIS)

Cace, J.; Zijlstra, G. J.

2003-01-01

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

Competition on European energy markets

International Nuclear Information System (INIS)

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

2003-01-01

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

A snapshot of the European energy service market in 2010 and policy recommendations to foster a further market development

International Nuclear Information System (INIS)

Marino, Angelica; Bertoldi, Paolo; Rezessy, Silvia; Boza-Kiss, Benigna

2011-01-01

As of 2010, the energy service market in Europe is still far from utilising its full potential. Wide-scale peer-reviewed studies investigating the development and up-to-date status of the European ESCo market are scarce. This article presents a comprehensive insight of the European ESCo industry based on the results from a large-scale survey carried out 2009-2010 in 39 European countries. The observed market development during the period 2007-2010, trends in business practices, and factors influencing the ESCo industry evolution are described. Finally, having considered the remaining barriers and the supporting factors as well as the successful experiences in Europe, policy measures that could further promote ESCo activities are proposed. - Highlights: → ESCo markets in Europe continue to show diverse stages of development. → Between 2007 and 2010 the European ESCo market underwent a slow growth. → European states have introduced favourable legislative framework for energy conservation. → Loan guarantees recognising the ESCo contractual model increase the access to finance. → Establishment of quality standards and certification schemes for ESCos are essential.

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.

Integrated marketing communications at solar energy equipment market

OpenAIRE

I.L. Litovchenko; I.A. Shkurupskaya

2013-01-01

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

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...

International wind energy development. World market update 1998. Forecast 1999-2003

International Nuclear Information System (INIS)

1999-03-01

This is the fourth issue of the annual World Market Update from BTM Consult ApS, covering the year 1998. All figures in the status part refer to end of the year 1998, the past 3 years development is also assessed and the forecast looks 5 years ahead. The most significant figures and trends in 1998 were: The marketplace - The annual installation of new wind power capacity increased by 55% resulting in a cumulative installation by the end of 1998 of 10.153 MW. 1.766 MW was installed in Europe and the region is still the leading market regarding utilization of wind energy. The US market took a rapid pace and installed 577 MW during the year. The large Enron Wind Corp has taken the larger part of this market. On the supply side Danish NEG Micon A/S has consolidated the position as being the supplier of the most MW wind capacity in the world and the company has a world market share of 23,5 per cent. The company acquired the Danish Wind World af 1997 A/S which was among the larger companies in 1997. Also the Dutch manufacturer NedWind B.V. was acquired by NEG Micon A/S curing 1998. The group of 'other' manufactureres represents a minor percentage of deliveries than earlier and concentration in the industry seems to continue. The liberalized Energy Market and how to position the industry in this different economic environment will be a challenge for the wind industry way into the next century. In Europe, the European Commission's draft Directive with proposal for an outline of common rules for support of among other renewables wind energy has been set on another route which seems to delay the paper. In the US there are still hopes for a new period with PTC (Production Tax Credit). There are in some States hopes among the wind energy people that the 'Green Market Programs' will play a more dominant role in the future. In Asia the crises seems to halt the wind power development. Forecast and Technical trends - Based on the positive trends in the markets for wind power

Wind energy development in China - reality and market forces

International Nuclear Information System (INIS)

Yinghua Han

1999-01-01

Economic reforms in China started in 1978, which led to profound changes as a result of a consistent structural adjustment and stabilisation policy. The national economy is now characterised with high growth and low inflation. In 1997, GDP was US$ 767 billion and foreign exchange reached US$ 140 billion. This paper examines the outstanding contribution of rural industries to rapid growth of national economy and the consequences of increase of energy consumption and its environmental impact. It also emphasises the necessity and benefit of using renewable energy and wind energy in particular. The paper also addresses the issue of joint venture in farm development in line with Chinese market economy. (Author)

Energy management and development of renewable energies: status of markets and jobs - Strategy et Etudes Nr 34

International Nuclear Information System (INIS)

Gaudin, Thomas; Vesine, Eric

2012-01-01

This paper presents and comments the results of an annual study of the status and evolutions of markets and jobs related to the main activities regarding the improvement of energy efficiency and the development of renewable energies in France. Data are given for the period 2006-2012. After a strong growth between 2006 and 2009, data reveal a lower but still positive growth. The evolution of jobs notably suffers from the decreased growth of the domestic market

Considerations in promoting markets for sustainable energy technologies in developing countries

International Nuclear Information System (INIS)

Radka, Mark; Kamel, Sami

2003-01-01

The growth in demand for energy in both developed and developing countries is expected to continue an upward trend for many years, with a large portion of the increase projected to occur in developing countries. As these countries undertake various economic development initiatives and programmes it is important from a global environmental perspective that they increase the proportion of efficient, low carbon emitting energy in the energy mix. This paper identifies a number of ways of improving markets that foster increased adoption of clean energy technologies in developing countries. The paper concludes that a holistic approach is needed if new technology promotion efforts are to succeed. Ensuring the appropriateness of the technology, and hence its sustainability, requires proper attention to social, economic and political criteria as well as the fundamental technical characteristics. (au)

Considerations in promoting markets for sustainable energy technologies in developing countries

Energy Technology Data Exchange (ETDEWEB)

Radka, Mark [United Nations Environment Programme, Div. of Technology, Industry and Economics (France); Kamel, Sami [Risoe National Lab., UNEP Risoe Centre for Energy, Climate Change and Sustainable Development, Roskilde (Denmark)

2003-09-01

The growth in demand for energy in both developed and developing countries is expected to continue an upward trend for many years, with a large portion of the increase projected to occur in developing countries. As these countries undertake various economic development initiatives and programmes it is important from a global environmental perspective that they increase the proportion of efficient, low carbon emitting energy in the energy mix. This paper identifies a number of ways of improving markets that foster increased adoption of clean energy technologies in developing countries. The paper concludes that a holistic approach is needed if new technology promotion efforts are to succeed. Ensuring the appropriateness of the technology, and hence its sustainability, requires proper attention to social, economic and political criteria as well as the fundamental technical characteristics. (au)

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.

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.

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

International Nuclear Information System (INIS)

2010-09-01

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

Electronic market places in the energy

International Nuclear Information System (INIS)

Mons, L.

2001-12-01

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

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

International Nuclear Information System (INIS)

Sencar, M.

2015-01-01

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

Market performance and distributional effects on renewable energy markets

International Nuclear Information System (INIS)

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

2009-08-01

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

Niche energy markets in rural areas

International Nuclear Information System (INIS)

Walsh, M.; McCarthy, S.

1996-01-01

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

Energy at what price? Energy markets

International Nuclear Information System (INIS)

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

2006-01-01

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

BDI position on energy policy and energy market deregulation

International Nuclear Information System (INIS)

Kreklau, C.

2003-01-01

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

The Ontario Energy Marketers Association

International Nuclear Information System (INIS)

Baker, W.F.C.

1998-01-01

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

Renewable energy technologies: costs and markets

International Nuclear Information System (INIS)

Nitsch, J.; Langniss, O.

1997-01-01

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

Wind energy. Market prospects to 2006

International Nuclear Information System (INIS)

Huckle, R.

2002-01-01

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

The development of the Kozloduy NPP in the conditions of liberalized energy market

International Nuclear Information System (INIS)

Ivanov, A.

2003-01-01

The paper discusses specificities of the energy sector as a business system in the condition of liberalized energy market. The government influence the business system through the rate of economical stability and and possibility for prognosis, as well as through the direct influence of the field government institutions on the process of the development of the economical structures. The finance system influences the government ability to support and lead the industrial development. Two main system types are known: decentralized management (in countries with developed stock markets and a system for entrusting of activities on contract basis) and centralized (the success of the policy is connected with the success of the economical growth). Another aspect of the management in a business environment is the procedure of decision making for the firm policy formation and applying of a model for firm development. The transition to liberalized market means a significant limitation of the role of the government, which in the Bulgarian case should replace the state control system in real time and the state credit. Since the low amortization the electricity production has low cost price and possibility for generation of rehabilitation funds, i.e for extension of the service life on minimal cost. The funds can be used for improvement of the stability of the sector. For the purposes of the analysis made, system parameters are reviewed with regard of the market realities. The Balkan region is semi-closed energy system 40% of the electricity is imported from several countries: Bulgaria, Romania, Serbia and Albania. The prices are greatly influenced by the moment conditions of the electricity production and industry in the region. The policy should be oriented in two directions: expectations for interests in the privatization of electric energy companies and appropriate strategy for preservation of the market positions. The analysis of the factors influencing nuclear energy

End user prices in liberalised energy markets

Energy Technology Data Exchange (ETDEWEB)

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

2002-12-01

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

The European market of renewable energies

International Nuclear Information System (INIS)

Anon.

2011-09-01

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

Development of the Geothermal Heat Pump Market in China; Renewable Energy in China

Energy Technology Data Exchange (ETDEWEB)

2006-03-01

This case study is one in a series of Success Stories on developing renewable energy technologies in China for a business audience. It focuses on the development of the geothermal heat pump market in China.

Developing business in emerging biomass energy markets

International Nuclear Information System (INIS)

Kadyszewski, J.

2005-01-01

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

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

International Nuclear Information System (INIS)

2005-06-01

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

The energy services market in France

International Nuclear Information System (INIS)

2004-06-01

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

Successful Regional Pellets Market Development

International Nuclear Information System (INIS)

Oehlinger, Christine

2006-01-01

In Upper Austria, renewable energy sources (RES) provide over 30 % of the primary energy consumption (of which 14 % is biomass). That high market penetration was achieved by a clear energy strategy including an energy action plan. The O.Oe. Energiesparverband, the energy agency of Upper Austria, is responsible for the implementation of the measures included in the action plan. Establishing a new market in a short term period is possible and the Upper Austrian example of biomass market development gives a clear signal that a positive change can be brought about: oil-heating installations in new homes decreased from 36 % in 1999 to less than 1 % in the year 2005; and the share of renewable energy heating installations in new-built homes increased in the same time period from 32 % to 70 %. The ambitious goal of doubling the share of modern biomass heating systems until 2010 was defined for future market development

A GLANCE AT THE EUROPEAN ENERGY MARKET LIBERALIZATION

Directory of Open Access Journals (Sweden)

Delia Vasilica Rotaru

2013-03-01

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

Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

International Nuclear Information System (INIS)

Konishi, Satoshi

2002-01-01

Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

International wind energy development. World market update 2001. Forecast 2002-2006

International Nuclear Information System (INIS)

2002-03-01

In the year 2001, the wind power development took another major step forward. Installed capacity set a new record with the addition of 6,824 MW of new generating capacity. This is 2,329 MW more than the record set in year 2000. Growth in new capacity is up from 15% in year 2000 to 52% in 2001. This confirmed that the trend of wind energy being the preferred technology over other technologies for new generating capacity is continuing. Europe is the leading region for wind power. Of the new capacity added in 2001, 4,527 MW was installed in Europe. Germany once more shows this country's potential as the single most active market with the installation of 2,627 MW in new capacity, nearly 1,000 MW more than in the previous year. Germany consolidated its position as the world's leading developer of wind energy. The market in the US is once again the second largest wind energy market ahead of Spain. The expiration of the PTC at the end of the year 2001 gave some rush in the installation at the end of the year. The Danish market is on a deroute and lost pace completely in a changed political climate which means that the development of windpower is slowing down. Denmark has a very high penetration of windpower. On the supplier side Vestas Wind Systems A/S maintained its position as being the world's largest manufacturer of wind turbines. Vestas Wind Systems is now followed by Enercon GmbH. Without counting the US market figures Vestas Wind Systems A/S and Enercon has become the very closed in terms of sold MW. In the 3rd place is the Danish company NEG Micon A/S. Newcomers in the Top Ten list are Mitsubishi (JP) and REpower (GE). The most significant technological trend in the market is the continuing upscaling of machines. From year 2001 the average size of WTGs is 915 kW (in 2000: 800kW). In the very near future there will be erected wind turbines mainly dedicated for the upcoming offshore market of 4.5-5.0 MW. On Offshore there is only 10 MW installed during the year 2001

Proceedings of the 10. international conference on energy - the new energy infrastructures market

International Nuclear Information System (INIS)

1998-01-01

The main focus of this international conference was on reform and deregulation of the electrical industry and how these will impact on energy markets around the world. Energy source development, power project financing in developing countries, integration of energy market and partnering in the energy projects development in a global context, were some of the individual topics that received considerable attention. tabs., figs

International wind energy development. World market update 2012. Forecast 2013-2017

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-03-15

The BTM wind report, World Market Update 2012, published by Navigant Research, is the eighteenth edition of this annual wind energy market report. The report includes more than 80 tables, charts and graphs illustrating global wind market development, as well as a wind market forecast for 2013?2017 and highlighted trends for the wind market through 2022. The report delivers several views on the fast?growing wind market, including: 1) More than 285 GW of wind power now installed globally; 2) 45GW of new capacity added in 2012, including 1.1 GW from offshore wind; 3) The United States surpassed China as the largest market in terms of new installations in 2012; 4) Europe lost its position as the largest world region in terms of new installations; 5) Wind installations in the Americas grew by 12.3 percent compared with 2011; 6) Big shake?up in the top ten wind turbine supplier ranking; 7) Strong Chinese presence among top 15 wind owner?operators; 8) Wind market structures continue to evolve; 9) The penetration of wind power in the world's electricity supply has reached 2.62 percent; 10) Offshore wind more than doubled the capacity added in 2011, with more than 4 GW currently under construction. With the addition of 44,951 MW in new installations in 2012, world wind power capacity grew to around 285,700 MW, an increase in the total wind power installation base of 18.6 percent. Market growth year-over-year in 2012, though a modest 7.8 percent, was still higher than in 2011. Average annual growth for the past five years has been 17.8 percent, achieved during the aftermath of the 2008 financial crisis, with traditionally large markets for wind power in economic recession in America and Europe. The wind power industry continues to demonstrate its ability to rapidly evolve to meet new demands in markets that face a variety of challenges. The focus on product diversification grows with wind turbine vendors designing machines for maximum energy production in low wind speed

Energy price forecast by market analysis

International Nuclear Information System (INIS)

Jongepier, A.G.

2000-01-01

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

Solar energy enters the market

International Nuclear Information System (INIS)

Coehoorn, M.; Sinke, W.C.

1995-11-01

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

Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

Energy Technology Data Exchange (ETDEWEB)

Helby, Peter (ed.); Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

2003-03-01

The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

Market development problems for sustainable bio-energy systems in Sweden. (The BIOMARK project)

International Nuclear Information System (INIS)

Helby, Peter; Boerjesson, Paal; Hansen, Anders Christian; Roos, Anders; Rosenqvist, Haakan; Takeuchi, Linn

2003-03-01

The report consists of three case studies relating to Swedish bio-energy markets. The first is concerned with a general analysis of costs and benefits of transition to biomass-based electricity in Sweden. The analysis indicates that many price relations in Sweden do not support the transition to bio-energy. Future prospects for biomass conversion technologies versus natural gas based technologies may not be in favour of bio-energy with the existing fuel prices. Additionally, there is no effective utilisation of the large economic benefits that could be gained by coordinating the bio-energy fuel chain with the management of other material flows such as the nutrient flows in the water cycle. In government policies, the supply of biomass does not seem to receive the same attention as the conversion technologies. Potentially, this could lead to a shortage of biomass feedstock when the conversion technology part of the programmes succeeds. The second study is about market development for energy crops, specifically Salix. The analysis shows that real-life development is far behind prognoses and scenarios, confirming worries about future supplies of biomass. While Salix is associated with significant positive externalities and provides a large potential for co-benefits, the institutional setting is not favourable for the exploitation of these advantages. A particular problem is the high risk farmers face when planting Salix, as future demand is uncertain and prices difficult to predict. A better distribution of risk among the market actors, particularly between farmers and district heating companies, might be the best strategy for renewed growth in this sector. The third study is concerned with the wood pellets market, which experienced a supply crisis in the winter 2001/02, as producers were unable to satisfy demand or did so only at highly elevated prices. The analysis points to weakness in market governance, especially insufficient information flows between actors

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

International Nuclear Information System (INIS)

2008-02-01

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

What drives renewable energy development?

International Nuclear Information System (INIS)

Alagappan, L.; Orans, R.; Woo, C.K.

2011-01-01

This viewpoint reviews renewable energy development in 14 markets that differ in market structure (restructured vs. not restructured), use of feed-in-tariff (FIT) (yes vs. no), transmission planning (anticipatory vs. reactive), and transmission interconnection cost allocated to a renewable generator (high vs. low). We find that market restructuring is not a primary driver of renewable energy development. Renewable generation has the highest percent of total installed capacity in markets that use a FIT, employ anticipatory transmission planning, and have loads or end-users paying for most, if not all, of the transmission interconnection costs. In contrast, renewable developers have been less successful in markets that do not use a FIT, employ reactive transmission planning, and have generators paying for most, if not all, of the transmission interconnection costs. While these policies can lead to higher penetration of renewable energy in the short run, their high cost to ratepayers can threaten the economic sustainability of renewable energy in the long-run. - Highlights: → Market structure seems to have little effect on renewable energy development. → Renewable energy development is more successful in markets that use a FIT. → Anticipatory transmission planning aids renewable energy development. → Low interconnection costs for developers also aids renewable energy development.

Energy markets and European Integration: The World Energy Council role

International Nuclear Information System (INIS)

Murray, J.

2002-01-01

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

Electricity market readiness plan : Ontario Energy Board

International Nuclear Information System (INIS)

2001-03-01

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

Heat Energy Markets: Trends of Spatial Organization

Directory of Open Access Journals (Sweden)

Olga Valeryevna Dyomina

2016-12-01

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

Energy market opening and the national energy programme in Slovenia

International Nuclear Information System (INIS)

Tomsic, M. G.; Urbancic, A.

2000-01-01

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

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

International Nuclear Information System (INIS)

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

2006-01-01

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

The development of the market for photovoltaic energy in the Netherlands. Vision of the Organization for Renewable Energy (ODE)

International Nuclear Information System (INIS)

Cace, J.

2004-01-01

A brief overview is given of the vision of the Dutch Organization for Renewable Energy (ODE, abbreviated in Dutch) on the development of the market for photovoltaic energy in the Netherlands, focusing on the investment cost, bottlenecks and solutions, and parties involved [nl

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)

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

International Nuclear Information System (INIS)

Houghton, T.; Cruden, A.

2010-01-01

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

Preparing Europe for a single market in energy

International Nuclear Information System (INIS)

Anon.

1990-01-01

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

Does wind energy mitigate market power in deregulated electricity markets?

International Nuclear Information System (INIS)

Ben-Moshe, Ori; Rubin, Ofir D.

2015-01-01

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

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

International Nuclear Information System (INIS)

Graeber, Bernhardt

2005-01-01

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

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.

Competing in changing energy markets

International Nuclear Information System (INIS)

Hannell, M.D.

1995-01-01

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

The single European energy market: the electricity supply sector

International Nuclear Information System (INIS)

Halliwell, A.A.

1991-01-01

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

Wind energy - The facts. Vol. 5: Market development

International Nuclear Information System (INIS)

2004-01-01

Wind energy is becoming increasingly competitive with conventional sources. However, it is likely that some form of incentive will be required for the foreseeable future, at least until environmental costs are fully internalised or increased economies of scale and technological development makes wind power fully competitive with conventional sources, such as coal and gas, without the need to consider externalities. 'There are currently five main systems to support electricity from renewable energy sources in the EU member states: investment subsidies, fixed price systems, fixed premium systems, auctions, and certificates systems. The idea behind the mechanisms is to offset at least some of the competitive disadvantage for renewable as a consequence of electricity markets neglecting the environmental cost of production from conventional technologies. Low electricity prices are of little benefit if they lead to high costs to society as a whole through higher health care costs and environmental costs levied on current and future taxpayers and citizens. If the environmental costs of power production were reflected in European power prices, wind power and many other renewable energy technologies would not need support, as pointed out in the European Commission's Green Paper on Security of Supply. (au)

Stimuli, competence and markets. 3. Partial report within the research project 'Renewable energy in the internal energy market'

International Nuclear Information System (INIS)

Kjersgaard, A.

1996-01-01

The trends behind the developing of wind turbine market are analyzed with regard to the effect of wind energy use regulations. National- specific differences in customer and market habits as well as public and private companies result in different approach to the political and economic marketing factors. (EG)

The United States and world energy markets

International Nuclear Information System (INIS)

Ramsay, W.C.

1992-01-01

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

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

International Nuclear Information System (INIS)

Dormady, Noah C.

2014-01-01

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

The India market for sustainable energy

International Nuclear Information System (INIS)

Bakthavatsalam, V.

2000-01-01

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

Renewable energy sources. Transformation of the Energy Market; Foernybara Energikaellor. Hela elmarknaden i foeraendring

Energy Technology Data Exchange (ETDEWEB)

2009-03-15

This report describes and analyzes renewable energy seen as emerging markets, focusing on wind, solar and wave power. The conclusions are that: Wind and solar energy has reached critical mass. They are already large markets, and has a high growth rate. There are growth areas that may become among the world's largest industries in the future. This summary report and the underlying studies of wind, solar and wave power show that there is a large potential market for renewable energy sources. Wind power is already a market worth around 36.5 billion Euro. Solar energy is growing strongly and solar cells in 2008 had a market worth around 24 billion Euro. Wave power is at present a very small market and the in the actual development stage the potential of wave power is uncertain. But if the wave would become commercially viable, it could represent a significant part of the world's energy capacity, with associated large investments. In the foreseeable future, all areas have a continuing need for public support to be commercially viable. Despite the already extensive market renewable energy sources represent a relatively small share of energy and electricity in the world. For large-scale electricity generation, there is still a need for public support. Renewable energy means new business opportunities that fundamentally can change structure and competition in the electricity market. A potential of this magnitude involves major business opportunities for involved companies, but also challenges. There are several factors affecting this development, Such as new technology, deregulation, support systems and consumer preferences. The growth of renewable energy sources is not only a question of technical development and relative prices of a homogeneous product, but a question of which actors and business models that will be viable in a rapidly changing market. Swedish industry is well placed to benefit from the growing markets. Many Swedish companies have significant

Designing energy efficiency services successfully. Market development for EEDL; Energieeffizienzdienstleistungen erfolgreich gestalten. Marktentwicklung fuer EEDL

Energy Technology Data Exchange (ETDEWEB)

Irrek, Wolfgang [Hochschule Ruhr West, Bottrop (Germany). Energiemanagement und Energiedienstleistungen; Suerkemper, Felix; Thema, Johannes [Wuppertal Institut fuer Klima, Umwelt, Energie GmbH, Wuppertal (Germany); Renner, Gisela

2013-02-18

It certainly often is not easy to earn money with services to enhance the energy efficiency and to conserve energy. The development of the product portfolio as well as the development of the business area is exciting, but also extremely challenging. Between the years 2009 and 2012, the project Change Best being sponsored in the course of the program 'Intelligent Energy Europe' from the European Commission had supported 38 companies from 16 EU Member States in the accomplishment of possible difficulties in the development and market launching of new energy efficiency services.

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.)

Creative market development : marketing on a shoestring

International Nuclear Information System (INIS)

McLeod, D.

2004-01-01

The initiatives that led to the development, construction and financing of Toronto's wind turbine by the Toronto Renewable Energy Co-op (TREC) were outlined in this PowerPoint presentation. The initiative for this first urban-based turbine in North America stemmed from a lack of green power in Ontario's energy market and a strong push from the public for more green power. TREC researched a variety of potential wind tower sites in Toronto and submitted a pre-feasibility report. The construction of the wind turbine involved a joint venture between WindShare and Toronto Hydro Energy Services. The basic principals behind co-operative financing were reviewed along with the challenges of marketing the project

International wind energy development. World market update 2000. Forecast 2001-2005

International Nuclear Information System (INIS)

2001-03-01

In the year 2000, the wind power development took another major step forward. Installed capacity set a new record with the additon of 4,495 MW of new generating capacity, this is 574 MW more than the record set in 1999. Growth in new capacity declined from 51% in 1999 to 15% in 2000. Nevertheless, the trend of wind energy being preferred over other technologies for new generating capacity is continuing. Europe remains the major market for wind power. Of the new capacity added in 2000, 86% was installed in Europe. Germany again took the lead as the single most active market with the installation of 1,665 MW in new capacity, 100 MW more than in the previous year. In doing so, Germany extended its reign as the world's leading developer of wind energy. Spain also took a major step towards meeting its renewable energy goals with the installation of some 1,024 MW of new wind generating capacity. Denmark replaced the United States as the world's third largest market. The Danes installed a new record of 603 MW. This was due to a last-minute rush of contracts signed at the end of 1999 in order to utilize attractive payment rates for new installations, which expired at the end of the year. The turbines were then installed in 2000. Market leaders among wind turbine manufacturers changed from previous years. Vestas Wind Systems A/S is now the world's largest manufacturer of wind turbines, followed by Gamesa S.A. of Spain (Vestas owns 40% of the shares in the Spanish company). Enercon GmbH has become the third largest manufacturer of wind turbines. It is interesting to note that Enercon GmbH made steady progress in sales to several emerging markets throughout the world. New on the Top-10 list is an Indian manufacturer. Suzlon Energy Ltd. installed 103 MW of capacity and thereby becomes the number 10 in the list of the worlds largest manufacturer. The cumulative installed capacity of 18,449 MW at the end of 2000 will supply approximately 37 TWh (37 billion kWh) per year. The

Solar energy market penetration models - Science or number mysticism

Science.gov (United States)

Warren, E. H., Jr.

1980-01-01

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

Renewable energy sources offering flexibility through electricity markets

DEFF Research Database (Denmark)

Soares, Tiago

governments. Renewable energy sources are characterized by their uncertain and variable production that limits the current operation and management tools of the power system. Nevertheless, recent developments of renewable energy technologies enable these resources to provide, to some extent, ancillary......All over the world, penetration of renewable energy sources in power systems has been increasing, creating new challenges in electricity markets and for operation and management of power systems, since power production from these resources is by nature uncertain and variable. New methods and tools...... in both energy and reserve markets. In this context, the main contribution of this thesis is the design and development of optimal offering strategies for the joint participation of renewables in the energy and reserve markets. Two distinct control policies for the splitting of available wind power...

Model of Nordic energy market

International Nuclear Information System (INIS)

Gjelsvik, E.; Johnsen, T.; Mysen, H.T.

1992-01-01

Simulation results are given of the consumption of electricity and oil in Denmark, Norway and Sweden based on the demand section of a Nordic energy market model which is in the process of being developed in Oslo under the auspices of the Nordic Council of Ministers. The model incorporates supply, and trade between countries so that it can be analyzed how trading can contribute to goals within energy and environmental policies and to cost effective activities aimed at reducing pollution. The article deals in some detail with the subject of how taxation on carbon dioxide emission can influence pollution abatement and with energy consumption development within individual sectors in individual Northern countries. The model of energy demand is described with emphasis on the individual sectors of industry, transport, service and private households. Simulation results giving the effects of energy consumption and increased taxation on fossil fuels are given. On this background the consequences of the adaption of power plants is discussed and a sketch is given of a Nordic electric power market incorporating trading. (AB) (15 refs.)

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

International Nuclear Information System (INIS)

Lapeyre, M.

2003-03-01

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

Energy in transition. Between regulation and market

International Nuclear Information System (INIS)

Horzetzky, Guenther

2016-01-01

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

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

International Nuclear Information System (INIS)

2003-06-01

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

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

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-07-01

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

Market development in CEE between regulation and liberalisation

International Nuclear Information System (INIS)

Parthier, S.

2002-01-01

European energy markets are undergoing profound changes. These are characterised by privatisation, deregulation and intensified competition. The energy supply companies are tackling the task of adapting to a changing business environment which is calling for new strategies. This evolution affects also the energy markets of Central and Eastern Europe (CEE). The paper highlights the impact of this situation for the gas markets of CEE countries. It discusses three major aspects: the introduction of market prices as requirement for successful market development, strategies for gas companies to master the upcoming challenges and finally main factors influencing the development of the gas markets. Currently, different issues are coming up in CEE countries which will play a major role in the development of the gas industries of these countries. While preparing for entering the EU, CEE energy markets have to develop an appropriate regulatory framework for the time before and after the accession to the EU. This concerns especially the introduction of market prices. In order to tackle successfully the upcoming competition gas companies have to increase efficiency, particularly by increasing sales activities. Economically efficient capital investments are necessary to develop existing market potential. With the further increase of gas demand and cross-border gas trading, more gas will come from the western direction. This development will create good opportunities for successful cooperation between central and western European gas companies. Appropriate strategic investors can support market development while bringing in needed capital for the development of the infrastructure, know-how and expertise in sales and marketing activities and finally experience in facing inter fuel and gas to gas competition. (author)

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.

The marketing of solar energy

International Nuclear Information System (INIS)

Coehoorn, M.; Sinke, W.C.

1994-01-01

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

Medium-Term Renewable Energy Market Report 2013: Market trends and projections to 2018

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-06-01

Renewable electricity generation increased strongly worldwide in 2012, and deployment is occurring in a greater number of markets. However, the story of renewable energy development is becoming more complex. Short-term indicators in some regions of the globe have pointed to increased challenges. Despite remaining high, global new investment in renewable energy fell in 2012. Policy uncertainties, economic challenges, incentive reductions and competition from other energy sources clouded the investment outlook for some markets. Some countries and regions have faced difficulties in integrating variable renewables in their power grids. The renewable manufacturing industry, particularly solar and wind, entered a deeper period of restructuring and consolidation. Nevertheless, despite economic, policy and industry turbulence, the underlying fundamentals for renewable deployment remain robust. Even with challenges in some countries, more positive developments elsewhere continue to drive global growth. Competitive opportunities for renewables are emerging across traditional and new markets. While OECD countries remain a driver of renewable power development, non-OECD countries are increasingly accounting for overall growth. The roles of biofuels for transport and renewable heat are also increasing, though at somewhat slower rates than renewable electricity. The Medium-Term Renewable Energy Market Report 2013 assesses market trends for the renewable electricity, biofuels for transport and renewable heat sectors, identifying drivers and challenges to deployment, and making projections through 2018. The analysis features in-depth renewable electricity market analysis and forecasts for a slate of countries in the OECD and non-OECD. The report also presents an outlook for renewable electricity technologies, global biofuels supply, final energy use of renewables for heat and prospects for renewable investment.

Liberalization of electricity markets and energy security

International Nuclear Information System (INIS)

Yajima, Masayuki

2004-01-01

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

An over painted oriental arts: Evaluation of the development of the Chinese renewable energy market using the wind power market as a model

International Nuclear Information System (INIS)

Yu, James; Ji, Fuxing; Zhang Ling; Chen Yushou

2009-01-01

China is now the largest CO 2 polluter in the world. However, the renewable energy policies in China are controversial and one can easily draw the wrong conclusions that Chinese renewable energy development has taken off from a surface assessment of the policies. By investigating and summarizing the first-hand experiences of participation in the Chinese renewable market (mainly wind farm development) in the past five years, this paper provides another dimension of policy analysis and independent review of the current issues facing the market. An investigation of policy changes and consequences clearly demonstrates the transformation of the Chinese renewable market. The domestic manufacturing quality and unprofessional design of wind farms made most developers' financial returns unrealistic in the wind market. Despite the difficulties and inconsistency in the system, China is tackling environmental issues seriously and heading in the right direction. With centrally controlled management, the Chinese strategies do not have to be justified financially. It is envisioned by the authors that re-organizing over 70 existing Chinese wind turbine manufacturers is unavoidable. Establishment of an internal renewable market, such as Renewable Obligation Certificate (ROC) system in the UK whose effectiveness is another subject of debate, would be an effective means by which the Chinese government in their post-2012 strategy could make the wind market more financially viable.

Sustaining China's electricity market development

International Nuclear Information System (INIS)

Wu, Yang; Yu, Zichao; Ngan, H.W.; Tan, Zhongfu

2014-01-01

China's 12th Five-Year Plan addresses new challenges and sets new goals in the country's power sector. The structure of power generation development is to be optimised to properly balance coal transportation and power transmission. The controversy over the direction of grid transmission and distribution is also to be reconciled. The Plan puts forward specific requirements for energy conservation, developing clean energy, optimising the production of coal-fired electricity, rationalising the allocation of peak power, developing distributed energy and constructing a strong smart grid. It also strongly advocates renewable and other forms of clean energy resources. Considering all the above goals and requirements, it is necessary for China to adjust its blueprint for electricity market development by fine-tuning the original market-oriented reform momentum. This paper aims to design a policy framework for this and discusses how China should develop policies and strategies to meet these requirements and achieve these goals. Examples of compatible international experiences illustrate how China can secure a sustainable energy future. - Highlights: • This paper analyses the electricity market development in China. • Sustainable electricity market development strategies are identified in the paper. • A five-goal policy framework is established for sustaining China's EMD

Selling power : marketing energy under deregulation

Energy Technology Data Exchange (ETDEWEB)

Drummond, J.; Hanna, F.

2001-07-01

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

Selling power : marketing energy under deregulation

International Nuclear Information System (INIS)

Drummond, J.; Hanna, F.

2001-01-01

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

German energy market 2017; Deutscher Energiemarkt 2017

Energy Technology Data Exchange (ETDEWEB)

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

2018-03-15

The basic orientation of the German energy supply as specified in the energy concept of the Federal Government towards the increased use of renewable energies with simultaneous increase of energy efficiency still determines the market development. In the present case, a current overview of the German energy market 2017 is given, which provides a concentrated compilation of the key figures of the energy industry. As in previous years, the article not only summarizes general facts about the energy mix, but also deals in detail with the development of the individual energy sources oil, natural gas, brown and hard coal, nuclear energy and renewable energies. Furthermore, the price trends are explained on the international markets and inland. An overview of the development of greenhouse gas emissions from 1990 to 2017 concludes the contribution. [German] Die im Energiekonzept der Bundesregierung vorgegebene Grundausrichtung der deutschen Energieversorgung hin zur verstaerkten Nutzung erneuerbarer Energien bei gleichzeitiger Steigerung der Energieeffizienz bestimmt nach wie vor die Marktentwicklung. Vorliegend wird ein aktueller Ueberblick ueber den deutschen Energiemarkt 2017 gegeben, der eine konzentrierte Zusammenstellung der zentralen Eckdaten der Energiewirtschaft leistet. Wie in den Jahren zuvor fasst der Artikel nicht nur allgemeine Fakten zum Energiemix zusammen, sondern geht auch ausfuehrlich auf die Entwicklung der einzelnen Energietraeger Erdoel, Erdgas, Braun und Steinkohle, Kernenergie sowie regenerative Energien ein. Ferner werden die Preistendenzen auf den internationalen Maerkten und im Inland erlaeutert. Eine Uebersicht ueber die Entwicklung der Treibhausgas-Emissionen von 1990 bis 2017 schliesst den Beitrag ab.

Energy market opportunities post-Maui

International Nuclear Information System (INIS)

Saha, G.

1995-01-01

As supply from the Maui and other existing producing fields decline, petroleum explorers and developers need to address the question who will be the indigenous oil and gas customers post Maui? This paper discusses major macro- and micro-environmental trends which will influence likely market opportunities. Two sub-markets are examined. First, what trends impact on current oil and gas customers. Second, what other new customers might arise. The macro-environment trends cover important economic, political, legislation, socio-economic and technical parameters. The micro-environment trends cover energy market structures and pricing parameters. (Author)

Market conditions affecting energy efficiency investments

International Nuclear Information System (INIS)

Seabright, J.

1996-01-01

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

Green power: A renewable energy resources marketing plan

International Nuclear Information System (INIS)

Barr, R.C.

1997-01-01

Green power is electricity generated from renewable energy sources such as power generated from the sun, the wind, the heat of the earth, and biomass. Green pricing is the marketing strategy to sell green power to customers who voluntarily pay a premium for it. Green pricing is evolving from the deregulation of the electric industry, the need for clean air, reflected in part as concern over global warming, and technology advances. The goal of the renewable energy marketing plan is to generate enough revenues for a utility to fund power purchase agreements (PPAs) with renewable energy developers or construct its own renewable facilities. Long-term, fixed price PPAs enable developers to obtain financing to construct new facilities, sometimes taking technological risks which a utility might not take otherwise. The marketing plan is built around different rate premiums for different categories of ratepayers, volunteer customer participation, customer participation recognition, and budget allocations between project costs and power marketing costs. Green prices are higher than those for conventional sources, particularly prices from natural gas fired plants. Natural gas is abundant relative to oil in price per British thermal unit (Btu). Green pricing can help bridge the gap between the current oversupply of gas and the time, not far off, when all petroleum prices will exceed those for renewable energy. The rapid implementation of green pricing is important. New marketing programs will bolster the growing demand for renewable energy evidenced in many national surveys thus decreasing the consumption of power now generated by burning hydrocarbons. This paper sets forth a framework to implement a green power marketing plan for renewable energy developers and utilities working together

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

International Nuclear Information System (INIS)

2004-04-01

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

Promoting energy-efficient products: GEF experience and lessons for market transformation in developing countries

International Nuclear Information System (INIS)

Birner, Sabrina; Martinot, Eric

2005-01-01

The Global Environment Facility (GEF) has allocated more than $90 million over the past 10 years to eight projects promoting energy-efficient products in developing and transition countries. We review the early experience from these projects and suggest lessons relevant to market transformation programs. Based on GEF project designs, we also propose a menu of generic supply-side and demand-side interventions useful for designing and analyzing market transformation programs. Experience suggests that institutional and policy changes, leading to sustained price reductions and higher market volumes, are important outcomes for market transformation; that market impacts can appear early in programs due to increased expectations and awareness; and that projects can have a catalytic effect. We recommend eight principles for designers of future projects but caution that no single approach guarantees success

Residential/commercial market for energy technologies

Energy Technology Data Exchange (ETDEWEB)

Glesk, M M

1979-08-01

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

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.

Forward projections of energy market competitiveness rankings

International Nuclear Information System (INIS)

2008-01-01

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

Renewable energies enter the stock market

International Nuclear Information System (INIS)

Boulanger, Vincent

2016-01-01

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

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).

Supporting the IEE-EU project 'Development of the market for energy-efficient servers'; Unterstuetzung des IEE-EU-Projekts 'Development of the market for energy efficient servers'

Energy Technology Data Exchange (ETDEWEB)

Huser, A.

2009-11-15

This final report for the Swiss Federal Office of Energy (SFOE) takes a look at work done within the framework of the European Union's project that aims to demonstrate the considerable potential for energy saving and cost reductions for IT servers in practice, and to support the market development for energy efficient servers. Guidelines for the procurement and management of energy efficient servers and server infrastructure that provide detailed recommendations for practical use are described. A two-page leaflet is reviewed that has been specially drawn up for the managing directors and IT managers of small and medium-sized companies. The most important recommendations for improved energy efficiency are reviewed and commented on. Optimisation measures are reviewed and energy-savings to be made are quoted.

'Normal' markets, market imperfections and energy efficiency

International Nuclear Information System (INIS)

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

1994-01-01

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

Vision document Energy Market Concentrations

International Nuclear Information System (INIS)

De Maa, J.; Van Gemert, M.; Giesbertz, P.; Vermeulen, M.; Beusmans, P.; Te Velthuis, M.; Drahos, M.

2006-11-01

June 2006 the second consultation document of the Netherlands Competition Authority (NMa) on the title subject (the first was in 2002) was published. The purpose of the consultation is to involve all the relevant and interested parties in the development of the energy market in the Netherlands and to consult those parties on studies that have been carried out by the NMa so far: (1) defining (possible) relevant markets in the electricity sector, and (2) the vision and opinion of the NMa with respect to mergers and take-overs. Also, the consultation document is a contribution to the response of the letter from the Dutch Minister of Economic Affairs of May 2005 in which the NMa was requested to give an overview of the preconditions with regard to competition and it's legal aspects. In this vision document all the relevant parties and stakeholders are informed about the development of energy markets in the Netherlands and abroad. Also an overview is given of the reactions from many stakeholders, involved and interested parties. [nl

Battery energy storage market feasibility study

International Nuclear Information System (INIS)

Kraft, S.; Akhil, A.

1997-07-01

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

Technology development in market networks

International Nuclear Information System (INIS)

Olerup, B.

2001-01-01

Technology procurement is used as an environmental control means in Sweden to promote the manufacturing and sale of energy-efficient technologies. The public authority in charge makes use of the market mechanism in alternating co-operative and competitive elements. The fragmented market, with its standardised products for many small customers, is brought together to specify desired product developments. These demands also include other qualities besides energy efficiency. A contest is announced in which a possible future market is indicated to manufacturers. Efforts are made to enlarge the market to motivate their investment and to keep down the unit cost. Each side in the deal is thus given an incentive to act in the desired direction. (author)

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.

Advanced reactors and future energy market needs

International Nuclear Information System (INIS)

Paillere, Henri; )

2017-01-01

Based on the results of a very well-attended international workshop on 'Advanced Reactor Systems and Future Energy Market Needs' that took place in April 2017, the NEA has embarked on a two-year study with the objective of analysing evolving energy market needs and requirements, as well as examining how well reactor technologies under development today will fit into tomorrow's low-carbon world. The NEA Expert Group on Advanced Reactor Systems and Future Energy Market Needs (ARFEM) held its first meeting on 5-6 July 2017 with experts from Canada, France, Italy, Japan, Korea, Poland, Romania, Russia and the United Kingdom. The outcome of the study will provide much needed insight into how well nuclear can fulfil its role as a key low-carbon technology, and help identify challenges related to new operational, regulatory or market requirements

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

On market integration of renewable energies

International Nuclear Information System (INIS)

Schroeer, Sebastian

2014-01-01

Since the liberalization of electricity and gas markets in Europe, the energy sector has changed in every respect with one constant: most actors have underestimated renewable energies with regard to their growth, their economies of scale and their impact on existing energy markets. If that trend continues, the urgency for policy measures will increase. Given the security of supply, integration of renewables into energy markets is necessary to replace fossil and nuclear capacities. However, the further development of renewable energies plays a crucial role in the ability to meet the energy and climate policy targets. Thus, it increases the need for regulation to achieve societally desirable outcomes. This thesis has examined the effects of renewable energies on existing energy markets. It has also investigated the various other cost-efficient options that policy makers have in striving to reach energy and climate policy targets. We assumed that cost efficiency is a relevant side condition. In the past, this has not always been the case. Today, cost efficiency is definitely relevant and might also be an essential target in the future (see Bundesregierung 2013, p. 50). We contributed to the analysis of power prices as a result of increasing shares of renewables by showing that shutting down conventional capacities will have a merit order effect. This is necessary if renewable energies are to replace fossil and nuclear capacities. Any discussion of a change of market design should make mention of this effect, since spot market revenues impact a company's behaviour within potential capacity markets. From a consumer perspective, we have shown that there is a substantial need for secured capacity with low marginal costs to keep spot prices stable. This outcome has important implications for policy makers if they are to provide consumers with low-cost renewable market integration. Policy makers have numerous ways to reach policy targets than rapidly expanding

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.

A market without tension. Market monitor, development of the Dutch small-scale consumer market for electricity and natural gas. January 2006 - June 2006

International Nuclear Information System (INIS)

Van Liere, M.; Postema, B.; Te Velthuis, M.

2006-11-01

The energy market is liberalized since 1 July 2004. The Dutch government has liberalized the energy market to stimulate competition between suppliers and to offer the consumer freedom of choice of their own energy supplier. As energy suppliers must put continuous effort in acquiring and preserving customers, the customers may expect better quality and service at relatively lower prices. In a well-functioning energy market the customer will benefit from the liberalisation. DTe (Dutch Office of Energy Regulation) is the regulator of the energy sector and supervises the energy companies adhering to the rules of the energy markets, protecting customers where needed. Moreover, DTe also monitors the developments in the energy markets. In the market monitor private consumers market DTe reports on the operating of the consumer market, also called the private consumers market. [mk] [nl

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

International Nuclear Information System (INIS)

Leban, R.

2005-01-01

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

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

International Nuclear Information System (INIS)

2014-09-01

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

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.

International wind energy development. World market update 1997. Forecast 1998-2002

International Nuclear Information System (INIS)

1998-03-01

This is the third issue of the annual World Market Update from BTM Consult ApS, covering the year 1997. All figures in the status part refer to end of the year 1997, the past 3 years development is also assessed and the forecast looks 5 years ahead. The annual installation of new wind power capacity increased by 21% resulting in a cumulative installation by the end of 1997 of 7,636 MW. Approx. 84% of the new capacity (1,566 MW), was installed in Europe emphasizing this region as the leading market regarding utilisation of wind energy. India remains halted (since 1996) and it has been very difficult to get reliable figures from this market. The US market is still very slow, but some very big projects are under construction. The first two years of the five year forecast has been adjusted downwards compared to forecast presented last year. The main reason is due to the economic situation in Asia. The cumulative MW in the five year forecast shows a slight increase compared to last years 5 year forecast, justified by higher expectations to other markets. The surprising pace in the commercialization of MW-turbines and their projected use for offshore applications few years ahead is assessed in the report. A total of 129 turbines of 1-1.65 MW are already in operation - most of them in Germany. On the international arena it is expected, that the wind power development will gain benefits from the Kyoto-Protocol (December 1997) and the 'White Paper' from the EU commission, although it will take some years to transfer these political targets into operational schemes. This report can be found on Internet Web-pages: http://home4.inet.tele.dk/btmcwind/index.html. (EG)

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

International Nuclear Information System (INIS)

Haner, S.A.

1999-01-01

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

Renewable energy and energy efficiency in liberalized European electricity markets

International Nuclear Information System (INIS)

Wohlgemuth, Norbert

2000-01-01

Given the projected growth in global energy demand, renewable energy (RE) and energy efficiency (EE) play a crucial role in the attainment of the environmental dimension of sustainable development. Policy mechanisms to promote RE and EE have been justified on the rationale of market failure, which prevents price signals alone from being sufficient to induce consumers to implement the socially optimal level. The paper shows driving forces for increasing competition in the electricity supply industry and discusses the implication of electricity industry liberalisation on RE/EE activities. Policies of the European Commission to promote RE/EE are presented, including a more detailed description of the experience made in the United Kingdom. Conclusions are that the new market structure may be too short sighted to stimulate RE and EE activities and that the design of policies should be compatible with the new market-orientated structure of the electricity industry. If implemented properly, and compatible with the competitive market organisation, electricity supply liberalisation could pave the way for 'sustainable electricity' in the European Union. (Author)

Nuclear power development in Russia. Russia's energy industry preparing for the free market economy

International Nuclear Information System (INIS)

Anon.

1993-01-01

The energy industry in Eastern Europe is preparing for the free market economy. The ambitions goal is to get fit and prepared for joining the free market economy as a competitor, and within the shortest possible time at that, struggling against the sharp wind of change that will blow, and trying to make the best of actually very unfavourable economic and political conditions. Priority has been given to privatisation of power plants and electricity networks, and to a speedy connection to the Western grids. However, all parties concerned are well aware that this task cannot be accomplished out of Russia's own resources alone. Whether the economy in Russia can be put on a stable footing and develop stable structures will depend on the development and efficient use of nuclear power, as the most important resources of Russia's energy industry are concentrated in the eastern part of the country, while 70% of electricity generation and demand is concentrated in the European part. (orig.) [de

International wind energy development. World market update 2010. Forecast 2011-2015

Energy Technology Data Exchange (ETDEWEB)

2011-03-15

This is the sixteenth edition of the annual World Market Update produced by BTM Consult ApS - a part of Navigant Consulting, and covers developments in the wind energy sector during 2010. As in previous editions, the report also assesses important changes over the last three years and forecasts progress for five years ahead. The special topic in this year's WMU is a review of Direct-Drive concept versus traditional Drive Train with gearbox. The global market for wind power produced a record for new installations in 2010 of 39.4 GW installed capacity, however, with a much lower growth rate than in the period 2005 to 2009. The rapid increase in the rate of installations in both Asia and the US was already clear in 2008-09. That trend has continued in China but the US experienced a significant slow-down in 2010. Europe stayed relatively stable - old markets stagnated but new emerging markets grew. Another new reality is that most of the world's manufacturing of wind turbines now takes place in China. Companies producing wind turbines there have experienced an explosive rate of growth. As a result four Chinese companies are among the world's Top Ten turbine manufacturers. An inevitable impact of this shift is that the market shares of the traditional industry leaders from the US and Europe have decreased significantly with Vestas and Siemens as exception in 2010. At the same time a rapid expansion of manufacturing capacity by European turbine makers has taken place in the US. Europe contributed 29.9% of the newly added capacity - 10,920 MW - taking the continent's total wind power generation capacity to 87,565 MW. The growth in Asia's markets has once again been staggering. With 21,130 MW of new installations, South and East Asia accounted for 53.6% of the global total in 2010.China was the major contributor, with 18,928 MW of new capacity, 37% over that of 2009. In terms of cumulative installed wind power, China surpassed the US in 2010, with

International wind energy development. World market update 2002. Forecast 2003-2007

International Nuclear Information System (INIS)

2003-03-01

Systems maintained its position as No. 1 supplier, with a market share of 22.2%, followed by Enercon with 18.5%. The four leading companies - Vestas (DK), Enercon (GE), NEG Micon (DK) and Gamesa (SP) - together accounted for two thirds of the total supply of wind power capacity. The most significant trend in the market place was the continuing increase in the size of commercial wind turbines installed. The forecast covers the wind energy development over the next five years up to the end of 2007. This year's forecast indicates overall expansion, with an average growth rate of 11.2% p.a. for new installed capacity. This growth is not, however, evenly distributed over the period. The highest rate is expected during 2003, with 24%, followed by two modest years and then, by the end of the forecast period, a growth of 13.7% and 11.3% in 2006 and 2007 respectively. The special topic in this World Market Update focus on upscaling of wind turbines to multi-MW size. (BA)

Essays on market design and strategic behaviour in energy markets

International Nuclear Information System (INIS)

Lorenczik, Stefan

2017-01-01

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

Essays on market design and strategic behaviour in energy markets

Energy Technology Data Exchange (ETDEWEB)

Lorenczik, Stefan

2017-11-13

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

On the environmental impact of energy market liberalisation

International Nuclear Information System (INIS)

Van Soest, D.P.; De Groot, H.L.F.

2000-01-01

In the literature, attention has been paid to the environmental consequences of lower energy prices caused by market liberalisation: the drop in energy prices reduces the attractiveness of investing in energy-saving technologies. In this paper we develop a simple model of investment decision-making emphasising the importance of not only levels but also volatility of energy prices for actual investment behaviour. The general finding is that lower energy prices and higher uncertainty reduce the propensity to invest. To empirically assess the importance of changes in both levels and volatility, we use US natural gas price data over the market liberalisation period and apply the information to the investment decision with respect to a specific energy-saving technology in the paper industry. We find that energy market liberalisation reduces the propensity to invest in energy-saving technologies substantially, not only because of the lower energy price but also because of its increased volatility. 12 refs

Smart market. From smart grid to the intelligent energy market

International Nuclear Information System (INIS)

Aichele, Christian; Doleski, Oliver D.

2014-01-01

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

Development of Renewable Energies in the liberation of the energy market in Central America

International Nuclear Information System (INIS)

Rebollo, Jose; Puente, Margarita; Cabezas, Jose

2000-01-01

This paper presents the diagnostic of the current situation on renewable energy in Central America, including socio-economical situation, with economical index, supply and demand of energy and planning of wind resources. The experience of Europe in the promotion for the market of renewable energy, discussing the policies and cooperation between private sector and the government is included. A list of potential projects of renewable energy in each country of Central America based on biomass, hydro power, wind and other energy sources for power generation is presented

Bundling and mergers in energy markets

International Nuclear Information System (INIS)

Granier, Laurent; Podesta, Marion

2010-01-01

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

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

International Nuclear Information System (INIS)

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

2016-01-01

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

Energy market barometer report 1 - Fall 2013

International Nuclear Information System (INIS)

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

2014-01-01

The Grenoble Ecole de Management (GEM) Energy Market Barometer Report aims to track the key trends and challenges of the energy market, on a regular basis, in collaboration with the 'ZEW', the Center for European Economic Research. This edition analyses the expectations of the energy market experts on the role of shale gas, the future electricity mix in France, and the development of energy prices. Key findings: - Two out of three experts believe that exploring shale gas will be authorized in France in the future; - It will take France approximately 30 years to meet the government's goal of reducing the share of nuclear power in the electricity mix from 76% (current) to 50%; - Most experts believe the prices for electricity, gas, oil, coal and CO_2 certificates will remain relatively stable over the next 6 months, but they will increase over the next 5 years

Canadian wind energy technical and market potential

International Nuclear Information System (INIS)

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

1992-01-01

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

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

Science.gov (United States)

Swart, K.

1992-01-01

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

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

International Nuclear Information System (INIS)

Oberndorfer, Ulrich

2009-01-01

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)

Wind offering in energy and reserve markets

DEFF Research Database (Denmark)

Soares, Tiago; Pinson, Pierre; Morais, Hugo

2016-01-01

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

Northeast Solar Energy Market Coalition (NESEMC)

Energy Technology Data Exchange (ETDEWEB)

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

2018-03-31

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

The internal energy market

International Nuclear Information System (INIS)

1988-01-01

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

Development of a standard methodology for integrating non-food crop production in rural areas with niche energy markets. Proceedings

International Nuclear Information System (INIS)

1996-09-01

This project was supported as a Concerted Action under the EC DGVI AIR programme from 1993-1996. It has successfully developed a standard methodology to help integrate non-food crop production in rural areas with niche energy markets. The methodology was used to compare the costs of different energy crop production and conversion options across the six participating nations. The partners provide a representative cross-section of European agriculture and energy expertise. All partners agreed on three niche markets favourable for biomass and biofuels: small-scale heat markets (less than 1 MW th ) for agro-industry, domestic and commercial buildings, medium-scale heat markets (1-10MW th ), including cogeneration for light industry and district heating, and liquid biofuels as substitutes for fossil fuels in transport, heat and power applications. (Author)

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.

Analysis of wind energy market and jobs in France

International Nuclear Information System (INIS)

Perot, Olivier; Autier, Emmanuel

2014-10-01

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

Coordination of bidding strategies in day-ahead energy and spinning reserve markets

International Nuclear Information System (INIS)

Fushuan Wen; David, A.K.

2002-01-01

In this paper, the problem of building optimally coordinated bidding strategies for competitive suppliers in day-ahead energy and spinning reserve markets is addressed. It is assumed that each supplier bids 24 linear energy supply functions and 24 linear spinning reserve supply functions, one for each hour, into the energy and spinning reserve markets, respectively, and each market is cleared separately and simultaneously for all the 24 delivery hours. Each supplier makes decisions on unit commitment and chooses the coefficients in the linear energy and spinning reserve supply functions to maximise total benefits, subject to expectations about how rival suppliers will bid in both markets. Two different bidding schemes have been suggested for each hour, and based on them an overall coordinated bidding strategy in the day-ahead energy and spinning reserve market is then developed. Stochastic optimisation models are first developed to describe these two different bidding schemes and a genetic algorithm (GA) is then used to build the optimally coordinated bidding strategies for each scheme and to develop an overall bidding strategy for the day-ahead energy and spinning reserve markets. A numerical example is utilised to illustrate the essential features of the method. (Author)

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.

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.

The market for tradable renewable energy credits

International Nuclear Information System (INIS)

Berry, David

2002-01-01

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

Energy market integration and regional institutions in east Asia

International Nuclear Information System (INIS)

Aalto, Pami

2014-01-01

This article assesses the case made for energy market integration in East Asia by comparing the role of institutions in South East Asia and North East Asia. The types and functions of institutions and their overall structure are examined in light of global energy market trends. In South East Asia, the shift attempted by ASEAN towards more competitive markets is hampered by the remaining statist variants of the trade institution and bilateral energy diplomacy, which, as regards transaction cost functions, are sub-optimal. As for institutions with order-creating functions, the unresolved status of sovereignty within ASEAN hampers regulatory harmonisation; the great power management institution has since ASEAN's establishment reduced conflicts without providing decisive leadership conducive to integration. North East Asia's dependence on global energy markets overshadows the regional integration potential of the diverse liberalisation efforts and interconnection projects. Bilateral energy diplomacies, new trilateral institutions combined with ‘Track Two’ institutions and remaining great power competition co-exist. In both regions the institutional structure allows for step-wise, technical infrastructure integration. The environmental stewardship institution co-exists with statist energy security and development objectives while it supports cooperation on green energy. The overall structure of informal institutions constrains deeper energy market integration in several ways. - Highlights: • The structures of institutions explain East Asian energy market integration. • Transaction costs are increased by statist trade institutions and bilateralism. • Order-creating institutions are sub-optimal for energy market integration. • Multi-level great power management offers limited leadership for integration. • The environmental stewardship institution supports cooperation on green energy

Energy sector in conditions of market economy

International Nuclear Information System (INIS)

Schervashidze, N.

1993-01-01

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

Policy options when giving negative externalities market value. Clean energy policymaking and restructuring the Western Australian energy sector

International Nuclear Information System (INIS)

McHenry, Mark

2009-01-01

Uncertainty surrounds the choice of instruments that internalise fossil-fuel pollution at the local, regional and global level. This work outlines the considerable growth in the Western Australian (WA) energy sector and explores the available options and potential hazards of using specific instruments to internalise externalities. These core options are discussed with respect to liberalising energy markets, providing private investment certainty, and imparting commentary on the developments and consequences of reform in the WA context. As a large energy exporter, providing certainty for the WA energy sector investment and the community is necessary to maintain the current prosperity. Remarkably, in the decades of market reform progress, the absence of one essential element is evident: economic externalities. Policymakers are under increasing pressure to understand economic reform, new energy markets and the multifaceted repercussions they entail. With modern energy reform sitting squarely within the milieu of more efficient governments and climate policy, there are clear economic advantages to internalising negative and positive externalities and other market distortions during energy market developments. Ignoring market failures when commercialising government-owned energy utilities in de-regulated and competitive markets invites continued ad-hoc government interference that generates investment uncertainty in addition to a perplexed electorate. (author)

Stakes and impact of non conventional gases on the market energy

International Nuclear Information System (INIS)

2010-04-01

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

The influence of distributed generation penetration levels on energy markets

International Nuclear Information System (INIS)

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

2013-01-01

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

Integration of liberalised energy market

International Nuclear Information System (INIS)

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

2004-03-01

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

EU Energy Market Development in Light of Fulfilling Obligations from the Paris Climate Agreement

International Nuclear Information System (INIS)

Dizdarevic, N.

2016-01-01

In light of the Paris Climate Agreement, the Union has set an ambitious goal of reducing greenhouse gas emissions by 80 percent below the 1990 level until year 2050. The climate and energy frame of the EU defines goals for 2030 that include at least 40 percent reduction of greenhouse gas emissions in comparison with the 1990 level, as well as achieving at least 27 percent share of RES in energy consumption for the entire Union and at least 27 percent improvement of energy efficiency. It is expected that the power sector will give a decisive contribution to decarbonization. It is estimated that, in order to fulfil such goals, the share of low-carbon technologies in energy mix will have to increase from the current 45 percent to 60 percent in 2020, through fulfilling the goal with the RES share, then to 75-80 percent in 2030 and eventually to almost 100 percent in 2050. The bulk of that share will be investments to RES with a variable production (wind and solar power plants; further on addressed as variable RES producers). For the fulfilment of said goals, a structural change of electricity generation sector will be necessary to achieve a significant level of decarbonization in 2030, which will have significant repercussions on the electricity market considering the participation of variable RES producers on the wholesale market. Therefore, it is necessary to start with the transition as soon as possible and to send signals about the vitality of lowering investments into high-carbon technologies to a minimum in the next two decades. In that context, this paper is dedicated to the restructure of electricity generation sector and the reform of electricity market with the purpose of achieving high share of variable RES producers on the wholesale market. After the introduction, the base setting of the Paris Agreement will be pointed out and its influence on the EU electricity market will be examined. After that, the achieved level of electricity market development in the

Energy Markets in the United States: The Influence of Politics, Regulations, and Markets on Energy Development in the Oil and Gas and Wind Industries

Science.gov (United States)

Maguire, Karen Kay

2011-12-01

My dissertation focuses on the influence of politics, policies, and markets in determining oil and natural gas and wind energy development. In the first chapter, I examine the role of federal elected political influence and market factors in determining the acres of oil and natural gas leases issued on Bureau of Management (BLM) lands in the western United States between 1978 and 2008. I seek to determine if the political party and ideology of the federal political environment influence the number of acres that are leased and if there is disparate federal political influence in states that have a large amount of federal lands. Using a random effects Tobit model for a 17-state sample of the westernmost states in the contiguous United States, I find that more conservative federal political influence leads to additional leasing. The results are consistent across Senate committee leaders, Senate majority leadership, and the President's office. The further found that the influence of politics on leasing is not stronger in states with more federal lands. In the second chapter, I analyze the influence of state and federal political party changes and market factors on state oil and natural gas permitting. My findings, using a first-differenced empirical model for two samples, a 19-state sample, from 1990--2007, and a 14-state sample, from 1977--2007, indicate that the influence of state political party changes are trumped by economic factors. Oil and gas prices are the main drivers of permitting changes, while the state political party changes for the state legislatures and Governor's office are consistently not significant. In the third chapter I focus on the role of electricity markets and renewable energy regulation in wind development across the United States. My findings, using a random effects Tobit model with a 25-state sample, from 1994--2008, indicate that the implementation of state Renewables Portfolio Standards (RPS), the Federal Production Tax Credit (PTC

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.

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.

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.

Demand response in energy markets

International Nuclear Information System (INIS)

Skytte, K.; Birk Mortensen, J.

2004-11-01

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

The development of a green certificate market

International Nuclear Information System (INIS)

Morthost, P.E.

2000-01-01

Liberalizing the electricity industry and attempting to reduce the emissions of greenhouse gases are the two dominant trends in European energy policy. The last-mentioned issue might require the contribution from renewable energy technologies, but at present most renewables cannot compete on their own with conventional technologies. Thus, it can be expected that if renewables must compete solely on market conditions alone this will slow down or even halt the development of new renewable capacity. One model in which additional payments to renewable technologies are generated is based on the development of a separate green market. In Holland, a voluntary green certificate has existed since the beginning of 1998. In Denmark a comprehensive restructuring of the legislation for the electric power industry has just been completed, including the framework for developing a separate green market for renewable electricity production. The main objectives of introducing this type of electricity market in Denmark is to secure the development of renewable energy technologies (including contributions to greenhouse gas reductions), while at the same time releasing the Government from the (by now) quite heavy burden of subsidising renewable technologies. Finally, a green market will make it possible for these renewable technologies to be partly economically compensated for the environmental benefits, which they generate compared to conventional power production. With the recent Danish legislation as starting point this paper analyzes possible ways to set up a green certificate market, treating as well some of the consequences produced when the market is actually functioning. The analysis is applicable for all renewable technologies, but special attention is given to wind power. (author)

Evaluation of NEB energy markets and supply monitoring function

International Nuclear Information System (INIS)

2003-09-01

Canada's National Energy Board regulates the exports of oil, natural gas, natural gas liquids and electricity. It also regulates the construction, operation and tolls of international and interprovincial pipelines and power lines. It also monitors energy supply and market developments in Canada. The Board commissioned an evaluation of the monitoring function to ensure the effectiveness and efficiency of the monitoring activities, to identify gaps in these activities and to propose recommendations. The objectives of the monitoring mandate are to provide Canadians with information regarding Canadian energy markets, energy supply and demand, and to ensure that exports of natural gas, oil, natural gas liquids and electricity do not occur at the detriment of Canadian energy users. The Board ensures that Canadians have access to domestically produced energy on terms that are as favourable as those available to export buyers. The following recommendations were proposed to improve the monitoring of energy markets and supply: (1) increase focus and analysis on the functioning of gas (first priority) and other commodity markets, (2) increase emphasis on forward-looking market analysis and issue identification, (3) demonstrate continued leadership by encouraging public dialogue on a wide range of energy market issues, (4) improve communication and increase visibility of the NEB within the stakeholder community, (5) build on knowledge management and organizational learning capabilities, (6) improve communication and sharing of information between the Applications and Commodities Business Units, and (7) enhance organizational effectiveness of the Commodities Business Unit. figs

Randomized Lagrangian Relaxation and their contribution to the development of automated electricity markets for distributed energy resources

International Nuclear Information System (INIS)

Ruthe, Sebastian

2015-01-01

The ongoing shift towards decentralized power systems and the related rapidly growing number of decentralized energy resources (DER) like wind- and PV-units, CHP-units, storage devices and shiftable loads requires new information systems and control algorithms in order to pland and optimize the commitment of DER in line with the conventional generation system. In this context the paradigm of market based control derived from the Lagrangian relaxation of the unit commitment problem represents a promising solution approach to build highly scalable distributed systems able to perform this task within the required time limits. Market based control approaches typically achieve high quality solutions and protect the private data of the controlled units. However in case of DER with discontinuous utility functions market based control approaches suffer under the problem of ''joint commitment'', which may lead to a divergence of the iterative solution algorithm resulting in highly cost inefficient solutions. This thesis introduces a new concept of randomizing the Lagrangian multipliers to spread the individual commitment thresholds of DER thereby mitigating th negative effects of ''joint commitments''. Based on the randomized solution approach different boundaries for the solution quality regarding the overall energy production costs and the equilibrium constraints are established. Furthermore it is shown how the developed approach can be utilized to build new scalable information systems for future energy markets and their interfaces to the existing energy markets.

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

International Nuclear Information System (INIS)

Bird, Lori A.; Holt, Edward; Levenstein Carroll, Ghita

2008-01-01

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 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

Energy challenges of the Single Market

International Nuclear Information System (INIS)

Blakey, S.

1991-01-01

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

Breezing ahead: the Spanish wind energy market

International Nuclear Information System (INIS)

Avia Aranda, Felix; Cruz, I.C.

2000-01-01

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

Innovation in energy networks. A study on the changing relation between regulation, technology and market in liberalized energy markets

International Nuclear Information System (INIS)

Kuenneke, R.W.; Bouwmans, I.; Kling, W.L.; Slootweg, J.G.; Stout, H.D.; De Vries, L.J.; Van Poelje, H.; Wolters, M.

2001-10-01

The purpose of this study is to contribute to the development a view on the future of the energy infrastructure for the next 10-15 years, including the related regulation, focusing on the strategic options for development of networks. Attention is paid to (1) planning concepts (to what extent should existing planning concepts be revised as a result of liberalization and technical innovation); and (2) positioning of networks (what are the consequences of the separation of energy markets in commercial and regulated sectors for the development of the energy sector) [nl

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.

Proceedings of the 12. forum: Croatian Energy Day: Energy consumers in open market conditions

International Nuclear Information System (INIS)

Granic, G.; Jelavic, B.

2003-01-01

The theme of the 12. Forum: Energy Day in Croatia is energy sector liberalisation and the new position of the consumers, changing rapidly and acquiring a completely new perspective. By means of market opening of various energy forms the consumer gains right to choose the energy supplier, quite a radical change in relation to the former, monopolistic relationship. This means that the consumer becomes the centre of attention, as has already been achieved at the mobile phone market. Within new market environment, the consumer becomes product buyer, buyer of the product in principle bearing market characteristics as any other product. However, energy markets reveal numerous peculiarities, distinguishing them from the markets of goods and services, as we have known them for centuries, which function according to well-known market conditions. While part of the energy sector will permanently remain a natural monopoly (transmission / transportation and distribution networks), the opening of the considered market requires information science development, which means it is necessary to apply advanced technology for e.g. measuring devices, etc. In view of such market circumstances it is essential to define the quality of the product including supply stability, voltage quality or agility in responding to customer complaints. On the other hand, these factors cannot be adjusted to each individual consumer-buyer at the moment or at least not ones. The position of the customers-buyers has been solved differently in various countries. The aim of this Forum is to put forward and explain experience and solutions connected to the new customer-buyer role in market circumstances. It is our wish that the participants discuss problems connected to the consumer-buyer position under the following aspects: Present status of market opening for various energy forms in the countries of the EU and in the transition countries; technical preconditions for energy market opening such as information

International wind energy development. World market update 2009. Forecast 2010-2014

Energy Technology Data Exchange (ETDEWEB)

2010-03-15

This is the fifteenth edition of the annual World Market Update produced by BTM Consult ApS, and covers developments in the wind energy sector during 2009. As in previous editions, the report also assesses important changes over the last three years and forecasts progress for five years ahead. The special topic in this year's WMU is an evaluation of the aftermath of the COP-15 climate change negotiations in relation to future wind power development. The global market for wind power not only produced a record for new installations in 2009 of 38 GW installed capacity, it also created a new order in the balance of international wind power. The rapid increase in the rate of installations in both Asia and the US was already clear in 2008; that trend has continued at a faster pace in 2009. By far the largest number of new wind projects were seen in the US and China. Another new reality is that most of the world's manufacturing of wind turbines now takes place in China. As a result three Chinese companies are among the world's top ten turbine manufacturers. At the same time a rapid expansion of manufacturing capacity by European turbine makers has taken place in the US. Europe contributed 28.2% of the newly added capacity - 10,738 MW - taking the continent's total wind power generation capacity to 76,553 MW. The growth in Asia's markets has once again been staggering. With 14,991 MW of new installations, South and East Asia accounted for 39.4% of the global total in 2009. China was the major contributor, with 13,750 MW of new capacity, more than double that installed in 2008. In terms of cumulative installed wind power, the US is still the world leader, with 35,159 MW. China overtook Germany with a margin of less than 50 MW. China now has a total of 25,853 MW, followed by Germany's 25,813 MW. A new world order in wind power has become a reality. The forecast released in this WMU shows an average growth rate of 13.5% for the period 2010

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...

Central station market development strategies for photovoltaics

Science.gov (United States)

1980-01-01

Federal market development strategies designed to accelerate the market penetration of central station applications of photovoltaic energy system are analyzed. Since no specific goals were set for the commercialization of central station applications, strategic principles are explored which, when coupled with specific objectives for central stations, can produce a market development implementation plan. The study includes (1) background information on the National Photovoltaic Program, photovoltaic technology, and central stations; (2) a brief market assessment; (3) a discussion of the viewpoints of the electric utility industry with respect to solar energy; (4) a discussion of commercialization issues; and (5) strategy principles. It is recommended that a set of specific goals and objectives be defined for the photovoltaic central station program, and that these goals and objectives evolve into an implementation plan that identifies the appropriate federal role.

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

International Nuclear Information System (INIS)

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

2016-01-01

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

Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

Science.gov (United States)

Tucker, Russell Jay

2002-09-01

Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

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...

Proceedings of the Eighth Forum: Croatian Energy Day Energy markets and energy efficiency in transition economy countries'

International Nuclear Information System (INIS)

1999-01-01

Energy efficiency is the sum total of various influential factors resulting from the technical, technological, economic, financial, legislative and organisational conditions that exist in each of the transition countries. It is not possible to achieve an efficient usage of energy as in the Western European countries unless the total efficiency of managing all other resources equals the same level. Therefore, in the preceding period only the most successful companies managed to take considerable steps as regards the enhancement of energy efficiency, i.e. companies present at the European market and equalling the criteria of the their competitors. The problem of energy efficiency can be explained with the help pf a number of factors influencing decision making of a company's management or a citizen. Those factors create a framework of events, i.w. an appropriate or an inappropriate atmosphere for the implementation of the measures to increase energy efficiency. Attitudes for and against certain activities develop in an atmosphere according to which individuals have to make decisions. Non-economic prices, non-existence of tariff systems or systems with socially influenced prices or tariffs, have a demotivating effect on all the activities in the field of energy efficiency. The existing legislation of the transition countries often enough neglects the problem of energy management, relating to either building planning and construction, or network systems, renewable sources or consumption standards at the market. The financial situation is also an important element when dealing with energy efficiency projects; high interest rates and major problems with the insurance of necessary financial funds impede their realisation. The support of expert and consulting institutions is a precondition for a successful choice of measures, and the educational system should take over its extremely important role at each of the education levels. Energy efficiency programmes cannot be

Energy efficiency and energy service companies in restructured markets: international experience

International Nuclear Information System (INIS)

Limaye, Dilip R.

1999-01-01

There has been considerable recent activity related to restructuring of the energy supply industries. Restructuring usually involves introducing competition into some elements of the ESI (energy supply industries). In some countries the privatization of the government-owned utility businesses is another key element of industry restructuring. The introduction of competition and privatization in the energy market is likely to realign the roles of the industry players (generators, transmission businesses) distribution 'wires' businesses, and retail suppliers) relative to customers. A key challenge faced by policy-makers is to define the appropriate roles and activities of the public and private sector to assure that economically justifiable levels of sustainable energy services are offered in the marketplace. This paper reviews the mechanisms adopted to implement energy efficiency services in a number of countries that have restructured their energy markets, and develops a framework for assessing, comparing and discussing potential new mechanisms. The paper identifies two types of EE mechanisms. (The author)

Market Monitor, development of the wholesale trade market of electricity 2006. Results

International Nuclear Information System (INIS)

Vermeulen, M.; Mulder, M.; Van den Reek, W.; Thomeer, G.; De Kleijn, M.

2007-12-01

The Office of Energy Regulation carries out its legal task by means of a monitor, a practical tool to assess and analyze the wholesale market for electricity. Monitoring of the wholesale electricity market concerns continuous, accurate and structured following of developments in the market. The aim is to identify in time signals from the market that could lead to a decrease of competition and transparency. The starting point of the monitor for the wholesale electricity market is the selection of indicators which give insight in real competition, liquidity and transparency [nl

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...

Stochastic programming and market equilibrium analysis of microgrids energy management systems

International Nuclear Information System (INIS)

Hu, Ming-Che; Lu, Su-Ying; Chen, Yen-Haw

2016-01-01

Microgrids facilitate optimum utilization of distributed renewable energy, provides better local energy supply, and reduces transmission loss and greenhouse gas emission. Because the uncertainty in energy demand affects the energy demand and supply system, the aim of this research is to develop a stochastic optimization and its market equilibrium for microgrids in the electricity market. Therefore, a two-stage stochastic programming model for microgrids and the market competition model are derived in this paper. In the stochastic model, energy demand and supply uncertainties are considered. Furthermore, a case study of the stochastic model is conducted to simulate the uncertainties on the INER microgrids in Taiwanese market. The optimal investment of the generators and batteries installation and operating strategies are determined under energy demand and supply uncertainties for the INER microgrids. The results show optimal investment and operating strategies for the current INER microgrids are also determined by the proposed two-stage stochastic model in the market. In addition, trade-off between the battery capacity and microgrids performance is investigated. Battery usage and power trading between the microgrids and main grid systems are the functions of battery capacity. - Highlights: • A two-stage stochastic programming model is developed for microgrids. • Market equilibrium analysis of microgrids is conducted. • A case study of the stochastic model is conducted for INER microgrids.

Will there be room left for wind energy in the future energy market?

International Nuclear Information System (INIS)

Martinelli, Renato

2014-03-01

After having noticed and outlined that the electricity market is now facing an unprecedented crisis, that its rules are not adapted to the new electric paradigm any more, that wind energy has now a positive impact on the French electric system, that the electricity market crisis puts wind energy and more generally renewable energies into question again, and that the whole world, after Europe, has largely chosen wind energy, this brief document outlines the results of a survey on the credit given by French people to renewable energies, and then defines four priorities for the development of wind energy in France: a clearer economic framework, a commitment on the long term, a simpler legal and technical framework, and the proposition of an industrial pact

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).

Energy and commodities market

International Nuclear Information System (INIS)

Bokermann, Marcus; Prass, Markus

2015-01-01

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

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

Science.gov (United States)

2010-07-02

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

Energy Choices. The energy markets and the energy policy choices

International Nuclear Information System (INIS)

Bergman, Lars; Lindh, Hampus

2009-03-01

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

The German energy market: chronicle of a promised liberalization

International Nuclear Information System (INIS)

Heuraux, Ch.

2002-01-01

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

The Federal Republic of Germany as an energy market

International Nuclear Information System (INIS)

Schiffer, H.W.

1988-01-01

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

Energy independence versus world market

International Nuclear Information System (INIS)

Noel, P.

2003-01-01

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

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

Science.gov (United States)

2013-11-04

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

Multi-Year SSL Market Development Support Plan

Energy Technology Data Exchange (ETDEWEB)

Ledbetter, Marc R.

2012-05-01

This plan sets out a strategic, five year framework for guiding DOE's market development support activities for high-performance solid-state lighting (SSL) products for the U.S. general illumination market. The market development support activities described in this plan, which span federal fiscal years 2012 to 2016, are intended to affect the types of SSL general illumination products adopted by the market, to accelerate commercial adoption of those products, and to support appropriate application of those products to maximize energy savings. DOE has established aggressive FY16 goals for these activities, including goals for the types of products brought to market, the market adoption of those products, and the energy savings achieved through use of SSL products. These goals are for the combined effect of DOE's SSL market development support and R and D investment, as well as the leveraged activities of its partners. Goals include: (1) inducing the market introduction of SSL products achieving 140 lumens per Watt (lm/W) for warm white products, and 155 lm/W for cool white products, and (2) inducing sales of high-performance SSL products that achieve annual site electricity savings of 21 terawatt hours (0.25 quadrillion Btus primary energy) by FY16. To overcome identified market barriers and to achieve the above five year goals, DOE proposes to carry out the following strategy. DOE will implement a multi-year program to accelerate adoption of good quality, high performance SSL products that achieve significant energy savings and maintain or improve lighting quality. Relying on lessons learned from past emerging technology introductions, such as compact fluorescent lamps, and using newly developed market research, DOE will design its efforts to minimize the likelihood that the SSL market will repeat mistakes that greatly delayed market adoption of earlier emerging technology market introductions. To achieve the maximum effect per dollar invested, DOE will

From Non-market Support to Cost-Competitive Incentives. Wind Energy Commercialization in China

Energy Technology Data Exchange (ETDEWEB)

Wenqiang, Liu; Xiliang, Zhang; Shuhua, Gu; Gan, Lin

1999-07-01

This paper presents an overview of the development of wind energy in China. By examining the economics of windfarm development, it compares the economics of wind technology with other conventional energy technologies and analyzes the role of alternative policy instruments. Meanwhile, it identifies the major constraints of wind technology development and the defects of current non-market support from the government. It shows that the development of wind power will be directly subject to rational policy change, incentive mechanisms and institutional framework building. Particular importance is paid to market incentives to reach the objectives of commercialization and industrialization of wind power. The paper recommends some cost-competitive incentive measure and policies to drive the wind power market. It concludes that promising market incentives to speed up the development of wind energy include: (i) establish market competition mechanisms through standard power purchase agreement; (ii) adjust tax policies and government subsidies; (iii) stimulate investment incentive policies and regulations; and (iv) change governmental institutions and management modes. (author)

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.

Battery energy storage market feasibility study - Expanded report

International Nuclear Information System (INIS)

Kraft, S.; Akhil, A.

1997-09-01

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

The new electricity trading arrangements: prospects for market development

International Nuclear Information System (INIS)

Anon

1999-09-01

This Briefing Paper from OXERA argues that the OFGEM proposals will not solve the fundamental market problems and might even make things worse. They focus too narrowly on the technical design of one small part of the market (the Balancing Mechanism and associated imbalance settlement process), without considering the market context and dynamics. OXERA argues that the central emphasis of the White Paper was misplaced: reform of the electricity trading arrangements, the basis of the government's strategy, will not solve the upstream and downstream market problems. The Briefing Paper includes analysis of: the structure and operation of the proposed new electricity trading arrangements; risk in the electricity wholesale market, and the responses of market participants; the interaction between the new trading arrangements and other energy market developments - in particular, vertical integration between generators and suppliers; energy supply competition, and wider government policy; the prospects for market development under the new electricity trading arrangements. (author)

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)

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...

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.

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

International Nuclear Information System (INIS)

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

2009-01-01

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

Scoping study on SADC energy sector carbon market potential; SADC = Southern African Development Community

Energy Technology Data Exchange (ETDEWEB)

2010-10-22

programmes. Biomass and bio fuels: Some of the biomass cogeneration and biofuels projects are large enough scale to be implemented at national level. However, the scale of biomass potential is so large in the region that developing several 'demonstration projects' with high replicability and visibility could catalyze rapid growth of CDM projects in this sub-sector. Household scale biomass use is covered by the SADC Programme for Biomass Energy Conservation (ProBEC), but commercial and industrial use projects in the region would have high value for promoting CDM in SADC. Institutional strengthening through regional cooperation: rather than only working at national level to build capacity in DNAs and the local consulting industry for CDM projects, sharing knowledge and experience across the region would facilitate more rapid CDM market development. Providing the opportunity for key energy sector decision makers to become more active in the negotiations around the CDM and the future of the carbon market would also strengthen SADC's 'regional voice' in the climate change debate. (Author)

Wind Energy in the United States: Market and Research Update

International Nuclear Information System (INIS)

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

1999-01-01

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

Introduction of natural gas in the Scandinavian energy market

Energy Technology Data Exchange (ETDEWEB)

Tandberg, E.

1992-05-01

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

Implementation of the Third Energy Package and Renewable Energy Sources on Croatian Liberalised Market

International Nuclear Information System (INIS)

Toljan, I.

2016-01-01

The Croatian Third Energy Package was adopted in 2012 and its implementation in the previous period until today has accelerated changes in all areas of Croatian energy sector. The content of The EU's Third Energy Package was made in two directives and three regulations. Directives are implemented into national legislation of EU Member States (they choose the methods). Regulations are implemented directly in the entire EU. The main goal is to establish a unique electricity and gas market with market prices (or lower) and high safety and public service standards. Croatia began with incentives for generation from renewable energy sources in 2004 and by the end of this year, the first contract in that system (wind power plant Ravne on Pag island) will end. The question that presents itself is where and how will the owner sell electricity from now on. Current market suppliers as well as the new organisation in Croatian energy sector, Croatian Power Exchange, are both realistic options. Balancing market led by Croatian TSO is becoming bigger and participates in the business because of the higher amount of installed power connected to the power grid (mostly wind power plants). Can Croatian Transmission Operator still guarantee safe operational planning as before (the last blackout happened 10 years ago)? The existing electricity and gas market design doesn't satisfy its participants any more so an adjustment to new facts of a free market is necessary (power exchange, no more stimulations for renewable sources). What changes should be made in legislation so that the free market can develop and be harmonised with the European market? Decarbonization and digitalisation are a base of European energy policy but they are still waiting for a wider and stronger application in Croatia, is the current legislation enough? With these analysis the paper contributes to the learnings about the implementation of The Third Energy Package in Croatia and a unique energy policy in the EU.(author).

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)

Energy market for energy. Natural gas and electricity

International Nuclear Information System (INIS)

Van Scherpenzeel, H.; De Boer, I.

2000-10-01

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

International energy market dynamics: a modelling approach. Tome 1

International Nuclear Information System (INIS)

Nachet, S.

1996-01-01

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

International energy market dynamics: a modelling approach. Tome 2

International Nuclear Information System (INIS)

Nachet, S.

1996-01-01

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

Energy markets and climate change

NARCIS (Netherlands)

Krozer, Yoram

2017-01-01

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

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

International Nuclear Information System (INIS)

Topp, L.

2004-01-01

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

Geothermal energy in France. Market study for 2011

International Nuclear Information System (INIS)

2012-01-01

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

Energy market reform - lessons learned and next steps

International Nuclear Information System (INIS)

Doucet, G.

2004-01-01

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

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.

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.

The European internal market and Nordic energy policy

International Nuclear Information System (INIS)

Grohnheit, P.E.; Hoier Nielsen, H.; Soerensen, H.

1992-01-01

The aim was to attempt to clarify the immediate consequences, and potentials for energy policy, for the authorities and supply companies in the Nordic countries in relation to the establishment of the Single Market. Potentials for the development of coordinated electricity supply and natural gas markets, and for cooperative Nordic research and initiatives are examined. Descriptions of conditions in other lands are given. It is stated that decisions on investments must now be taken within an open capital market with other traditions. There is a need for faster technology transfer. It is concluded that it will be difficult to develope trade related to natural gas between all the Nordic countries, but it should increase (also with regard to electricity) between the Nordic countries and their neighbour countries. Regarding electricity supply, lifting of existing rights of monopoly will result in weaker connections between producer and consumer and supply reliability will decrease. Natural gas supply reliability will be strengthened but producers will shoulder more market risks. Fusions will increase but a greater variation of company types and organization forms will develope. Competition will be sharper and prices for electric power could rise. Nordic energy policy will have a more international character, especially with regard to environmental protection. Long-term investment will be encouraged. The Nordic Council of Ministers will need to concentrate on information dissemination related to energy system analyses as a basis for decision-making. Export of Scandinavian hydroelectric power will contribute to international goals for environmental protection. (AB) (45 refs.)

European energy market in 1980. Volume I

Energy Technology Data Exchange (ETDEWEB)

Ray, G; Robinson, C

1975-01-01

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

Regulation of Danish energy markets with imperfect competition

International Nuclear Information System (INIS)

Goertz, M.; Hansen, J.V.

1999-01-01

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

Energy policy and the market economy

International Nuclear Information System (INIS)

Ruehle, H.; Miegel, M.

1980-01-01

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

1992 status report: U.S. sets new wind energy record as domestic market stagnates

International Nuclear Information System (INIS)

Gipe, Paul

1993-01-01

The current status of the USA wind turbine industry is reviewed both in terms of its domestic market and the global market. Although performance in the domestic market continues to improve and costs continue to drop, the growing European market resulting from their national policies to encourage renewable energies threaten the previous US dominance in this field. It is argued that US national energy policy should aid wind energy development. (UK)

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

International Nuclear Information System (INIS)

Jones, C.; Webster, W.

2006-06-01

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

Energy consumption and economic development after the energy price increases of 1973

International Nuclear Information System (INIS)

Danielewski, J.

1993-01-01

The interdependence between energy consumption and economic development are highlighted in this research, which focuses on energy price rises between 1973 and 1989. Three groups of countries are identified, developing and developed market economies and centrally planned economies. Two areas of interdependence are examined, firstly the dynamic relationship between primary energy consumption growth and real economic growth and secondly the static relationship between primary energy consumption and national income. In the period under review, developing market economies reacted most strongly to higher energy prices, with lower energy consumption while maintaining real growth in the Gross Domestic Product. However developing countries and centrally planned economies increased their energy consumption per unit of national income although the rate of increase slowed after 1975. (UK)

The French market of solutions for active energy efficiency. Energy, central home automation systems, consumption monitoring software, distributed load shedding, energy performance contract... which tools will stand out?

International Nuclear Information System (INIS)

2012-12-01

This article presents the content of a market study which aimed at proposing an overview of solutions for energy efficiency and at assessing their impact on energy consumption, at identifying the growth dynamics of three market segments (assisted efficiency, automated efficiency and contract-based efficiency), at comparing the posture and strategies of the different actors present on this market (energy providers, equipment manufacturers, pure players, NTIC...), at identifying actors who are in the best position to benefit market development, and at imagining tomorrow's supply for energy efficiency. The report addresses the definition of active energy efficiency, the rationale of its development, the European regulatory and legal context, the strengthening of regulatory and environmental constraints in France, the three different market segments (examples, opportunities), and the competition context

Integration of energy markets with neighbouring countries

International Nuclear Information System (INIS)

Mulder, M.; Vermeulen, M.

2008-01-01

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

Energy efficiency, market failures, and government policy

International Nuclear Information System (INIS)

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

1994-03-01

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

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

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

The development of the natural gas market in Morocco

International Nuclear Information System (INIS)

Bencheqroun, A.

1997-01-01

Thanks to the transit royalties gained with the Maghreb-Europe gas pipeline, Morocco will dispose of an important source of energy supply which will allow the development of a local natural gas market, and as part of the rural electrification policy, will dispose of a safe resource of power production. This paper presents the energy and economical situation of Morocco, in particular the development of LPG consumption, nd the perspectives of development of the natural gas market and of gas companies in this country. (J.S.)

Developing markets?

DEFF Research Database (Denmark)

Figueiredo, Bernardo; Chelekis, Jessica; DeBerry-Spence, Benet

2015-01-01

acknowledging complex, systemic interdependencies between markets, marketing, and society. Based on a critical review of the meaning of development and an interrogation of various developmental discourses, the authors develop a conceptual framework that brings together issues of development, wellbeing......, and social inequalities. We suggest that these issues are better understooda nd addressed when examined via grounded investigations of the role of markets in shaping the management of resources, consumer agency, power inequalities and ethics. The use of markets as units of analysis may lead to further cross...

Canada's oil sands, opportunities and challenges to 2015 : an energy market assessment

International Nuclear Information System (INIS)

2004-05-01

The National Energy Board monitors the supply of all energy commodities in Canada along with the demand for Canadian energy commodities in domestic and export markets. This report provides an assessment of the current state of the oil sands industry and the potential for growth. It also identifies the major issues and challenges associated with the development of Canada's oil sands, one of the world's largest hydrocarbon resources. Initial production of Canada's oil sands began in 1967. The resource has become more economic to develop in recent years due to higher energy prices and new technologies. The economic potential of Canada's oil sands has been recognized internationally. Canadian oil sands production in 2004 will surpass 160,000 cubic metres per day. By 2015, production is expected to more than double to meet market demands. The challenges facing the industry include higher natural gas prices, capital cost overruns and environmental impacts. The major factors that affect the rate of oil sands development include natural gas supply, energy demand, oil and gas pricing, markets and pipelines, environmental considerations, emerging technologies, geopolitical issues, and labour. This report includes key findings for the following four key components: economic potential and development of the resource base; markets and pipelines; environmental and socio-economic impacts; and, potential spin-off developments in the electricity and petrochemical industries. 26 tabs., 53 figs

The energy market in Flanders, Belgium, in 2006

International Nuclear Information System (INIS)

2007-05-01

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

Energy subsidies in California's electricity market deregulation

International Nuclear Information System (INIS)

Ritschel, Alexander; Smestad, G.P.

2003-01-01

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

On transparency and trust. Market monitor, development of the Dutch small-scale consumer market for electricity and natural gas. July 2006 - June 2007

International Nuclear Information System (INIS)

Van Liere, M.; Postema, B.; Te Velthuis, M.

2007-10-01

The energy market is liberalized since 1 July 2004. The Dutch government has liberalized the energy market to stimulate competition between suppliers and to offer the consumer freedom of choice of their own energy supplier. As energy suppliers must put continuous effort in acquiring and preserving customers, the customers may expect better quality and service at relatively lower prices. In a well-functioning energy market the customer will benefit from the liberalisation. DTe (Dutch Office of Energy Regulation) is the regulator of the energy sector and supervises the energy companies adhering to the rules of the energy markets, protecting customers where needed. Moreover, DTe also monitors the developments in the energy markets. In the market monitor private consumers market DTe reports on the operating of the consumer market, also called the private consumers market. [mk] [nl

Proceedings of the 11th forum: Croatian Energy Day: Regulation problems relating to energy service markets

International Nuclear Information System (INIS)

2002-01-01

The main goals of the majority of processes and developments relating to energy sectors of today present the enhancement of energy sector efficiency, ensuring of stable financial sources and safe return of the means invested through practice of activities at the market of energy and energy services, i.e. public services or monopoly. This is to be achieved by means of energy sector restructuring and liberalisation, pluralism of ownership and transparency of the organisational and management scheme. Thereby, an important role and significance for the realisation of these aims, for the development and energy market functioning on the national level, as well as for the achievement of reciprocity and complementarity of national markets with regional and multi-national energy markets, is held by models and forms of energy activity regulation. In a limited sense, the regulation itself should constitute an adequate stimulating framework for free energy flows, transparent and non- discriminating conditions for the utilisation of transmission and transportation systems and networks, protection of supplier choice rights, pluralism of ownership and ownership rights, protection of energy and energy services' quality, environmental protection, protection of purchasers and consumers and protection of energy subjects. For all these reasons, aspects and problems appertaining to energy sector and energy activities' regulation have been chosen as the theme and contents of the 11th Forum. Various countries have undertaken and implemented or are in the process of implementation of different models and contents referring to energy sector and energy activity regulation. Experience and legislative practice are quoted as the main criteria. The aim of this Forum is to set forth and clarify experiences and solutions connected to the regulation of energy activities in numerous European countries or in the world

Market survey South Africa. The energy sector, the state of development and best opportunities for both countries

International Nuclear Information System (INIS)

Van der Velde, F.

2008-07-01

The aim of this report is to shine a light on the latest developments in the South African energy sector and to show that the energy sector is a favourable sector in South Africa for Dutch commercial involvement. Above all, an answer is given to the question why there is almost no Dutch export or investment in South Africa's energy sector and how we can boost more Dutch commercial involvement. The country has abundant coal reserves and this is one of the reasons why it can supply the cheapest electricity in the world. This also makes it very difficult for other primary energy products to compete with coal. But things are starting to change due to important external and internal facts. The current electricity crisis contributes the most to the changing energy landscape in South Africa and will therefore be discussed in detail. The first chapter will give an overview of the fossil and sustainable energy sector in South Africa. It will describe how the different energy sources contribute to the energy mix of the country. In the second chapter, the most important developments in the energy field will be introduced and discussed. There will be a focus on internal and external factors which influence developments in South Africa. A SWOT analyses will be presented to give an overview of what is important to keep in mind when one looks at the South African energy sector. Chapter three will give an answer to the question where the best opportunities are for Dutch companies to invest in, export to or cooperate within the South African energy sector. This report should be read in cooperation with the two market surveys that were conducted for the Netherlands Foreign Trade Agency (EVD) and the Dutch Embassy in Pretoria. Both for fossil as for the sustainable energy opportunities are abundant, this does not mean that market entry is very easy. Furthermore, some recommendations are given on how more Dutch involvement in the South African energy sector could be achieved

Towards sustainable development in Austria. Renewable energy contributions

International Nuclear Information System (INIS)

Faninger, G.

2003-01-01

Besides energy conservation, the exploration of renewable energy sources, in particular biomass and solar energy, are central aspects of the Austrian energy policy, regarded as an optimal option for achieving CO2-emission reduction objectives. The market penetration of Renewable Energy Technologies in the last twenty years was supported by the Austrian Energy Research Programme. The result of successful developments of biomass heating, solar thermal, solar electrical and wind energy technologies is the key for the market development of these renewable energy technologies. With the market penetration of renewable energy technologies new business areas were established and employment created. Today, some renewable energy technologies in Austria have reached economic competitiveness. Some technologies not reached commercialisation, and need more development to improve efficiency, reliability and cost to become commercial. This would include material and system development, pilot plants or field experiments to clarify technical problems, and demonstration plants to illustrate performance capabilities and to clarify problems for commercialisation

Stakes and consequences of the opening of energy markets

International Nuclear Information System (INIS)

Anon.

2002-01-01

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

Problems of future energy market planning and optimization

International Nuclear Information System (INIS)

Vladimir Lelek; David Jaluvka

2007-01-01

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

75 FR 29706 - Notice of Funding Availability (NOFA) for Energy Audits and Renewable Energy Development...

Science.gov (United States)

2010-05-27

...) Identified need; (D) Target audience; (E) Timeline and type of activities/action plan; and (F) Marketing... is required; (ix) Outreach activities/marketing efforts specific to conducting energy audit and... marketing of the energy audit and renewable energy development assistance activities, including associated...

An approach for evaluating the market effects of energy efficiency programs

International Nuclear Information System (INIS)

Vine, E.; Prahl, R.; Meyers, S.; Turiel, I.

2010-01-01

This paper presents work currently being carried out in California on evaluating market effects. We first outline an approach for conducting market effect studies that includes the six key steps that were developed in study plans: (1) a scoping study that characterizes a particular market, reviews relevant market effects studies, develops integrated market and program theories, and identifies market indicators; (2) analysis of market evolution, using existing data sources; (3) analysis of market effects, based on sales data and interviews with key market actors; (4) analysis of attribution; (5) estimation of energy savings; and (6) assessment of sustainability (i.e., the extent to which any observed market effects are likely to persist in the absence or reduction of public intervention, and thus has helped to transform the market). We describe the challenges in conducting this type of analysis (1) selecting a comparison state(s) to California for a baseline, (2) availability and quality of data (limiting analyses), (3) inconsistent patterns of results, and (4) conducting market effects evaluations at one point in time, without the benefit of years of accumulated research findings, and then provide some suggestions for future research on the evaluation of market effects. With the promulgation of market transformation programs, the evaluation of market effects will be critical. We envision that these market effects studies will help lay the foundation for the refinement of techniques for measuring the impacts of programs that seek to transform markets for energy efficiency products and practices.

Energy security: between markets and sovereign politics

Directory of Open Access Journals (Sweden)

Dudau Radu

2016-09-01

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

The market of the new and renewable energies. What are the real potentialities of the new and renewable energies?

International Nuclear Information System (INIS)

2003-03-01

This study aims to inform on keys data of the renewable and new energies market, to evaluate the potentialities of the market segment by segment, to evaluate the movers and the restraints to the new and renewable energies development and to analyze the situation and the strategy of the enterprises on the market with the presentation of 12 actors. (A.L.B.)

International energy market

International Nuclear Information System (INIS)

De Boer, A.; Westrus, I.

2001-01-01

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

Proceedings of the Ninth forum: Croatian Energy Day: Restructuring, Privatisation and Market Changes of Grid-bound Energy Systems

International Nuclear Information System (INIS)

2000-01-01

Restructuring, privatisation and market changes of grid-bound energy systems present processes that characterise the energy sector of today, and the achieved level of these processes vary considerably from one country to another and there is no ideal model. Therefore, the exchange of experiences and broad co-operation in the field is of vital importance. For the first time the concept of the future Croatian energy legislation, presently in the focus of domestic energy related attention, will be introduced. Restructuring includes the changes in organisation anbd economic relations in order to enhance efficiency and reduce operational costs, in keeping with the market trends. Privatisation is a process that should enable the creation of markets and competition. When defining the concept of privatisation, we should primarily design the market, determine the position of individual functioning during market creation, and then determine the course of privatisation. Experiences of developed countries tell us that it is necessary to find a balance between markets and state interventions, as well as among technological-technical, economic and social aspects of energy use

Present market for nuclear energy

International Nuclear Information System (INIS)

Marzo, M.A.S.

1987-01-01

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

Competition in energy markets - law and regulation in the European Union

International Nuclear Information System (INIS)

Cameron, Peter Duncanson; Brothwood, Michael

2002-03-01

Analysis of the origins, aims and implementation of the EU energy directives is essential to an understanding of the emerging internal market in energy in the European Union. This book provides a detailed and practical account of the legislation and the various developments in the Member States that are leading to a competitive energy market for the first time. It explains the legislation, EU case law and the relevant national laws, regulations and competence of the enforcing authorities. (Author)

Renewable energy and the need for local energy markets

International Nuclear Information System (INIS)

Hvelplund, Frede

2006-01-01

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

Business models for sustainable energy development

NARCIS (Netherlands)

Kolk, A.; van den Buuse, D.

2013-01-01

Business-led approaches to accessing energy in development countries are becoming key factors to sustainable market development. Given the major challenges in this market, companies will blend commercial and donor-funded activities, while simultaneously finding innovative ways to bring renewable

Nuclear energy in the increasingly deregulated brazilian energy market

International Nuclear Information System (INIS)

Mathias, Sergio G

2003-01-01

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

Energy, the state, and the market: British energy policy since 1979

International Nuclear Information System (INIS)

Helm, D.

2003-01-01

Dieter Helm's book represents a distillation of his thoughts on the UK energy scene since 1979. Each chapter deals with a specific event or development, roughly in chronological order, beginning with the nationalised industry legacy the Conservative government inherited in 1979. Most chapters are said to begin with a preview of what is to be discussed and end with a 'pithy commentary'. Each chapter is self-contained and can be read in isolation. Helm suggests that the failure of Britain to develop the competitive market foreseen by Nigel Lawson in 1982 was unfortunate. Helm argues for an Energy Agency, although he does not define its role. The final chapter reviews where the UK stands today and likely future developments. The book should be of interest to energy students and discusses many present and future aspects of the energy industry

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

Science.gov (United States)

2012-04-04

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

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

International Nuclear Information System (INIS)

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

2014-01-01

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

Energy-efficient appliance labeling in China: Lessons for successful labeling programs in varied markets

Energy Technology Data Exchange (ETDEWEB)

Lin, Jiang; Townend, Jeanne; Fridley, David; McNeil, Gary; Silva, Tony; Clark, Robin

2002-08-20

Appliance ownership and production has increased dramatically in China in the past two decades. From extremely low levels in 1980, China's appliance industry has become one of the largest in the world, with sales topping U.S. $14.4 billion in 2000. In 1981, less than 1 percent of urban Chinese households owned a refrigerator; by 1998, that number had increased to over 75 percent. This dramatic increase in sales and ownership leads to an excellent opportunity to impact energy consumption in China by affecting the energy efficiency of appliances being bought and sold. In general, Chinese consumers value energy efficiency and are knowledgeable about the operating costs of major appliances. However, the Chinese marketplace does not provide information that consumers trust about the energy consumption of specific products. Thus, several interdependent organizations have emerged in China to provide information and market supports for energy efficiency. This paper describes the appliance market in China and the evolution of its standards and labeling programs and the agencies that implement them. It discusses the authors' work with these organizations in developing energy efficiency criteria and supporting an energy efficiency endorsement labeling program in China. It describes how the authors have used their experience with ENERGY STAR{reg_sign} and other programs in the U.S. to work with China to develop a successful program specific to Chinese conditions, with a particular emphasis on refrigerators. It then gives the author's market assessment of the Chinese refrigerator market and recommendations for a successful labeling program and transferable lessons for developing energy efficiency labeling programs in varied markets. This paper is based on the authors' market research, their support in setting energy efficiency criteria in China, interviews with Chinese manufacturers, retailers, and sales staff, and the development and implementation of

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

Science.gov (United States)

2010-12-17

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

Environmental Policies, Product Market Regulation and Innovation in Renewable Energy

International Nuclear Information System (INIS)

Nesta, Lionel; Vona, Francesco; Nicolli, Francesco

2012-10-01

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

Report 2 Energy Market Barometer - Summer 2014

International Nuclear Information System (INIS)

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

2014-09-01

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

Polish model of electric energy market-bulk energy tariff

International Nuclear Information System (INIS)

Malysa, H.

1994-01-01

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

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.

Problems of future energy market planning and optimization

International Nuclear Information System (INIS)

Lelek, V.; Jaluvka, D.

2007-01-01

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

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.

The energy supply of China. Markets and policies

International Nuclear Information System (INIS)

Noel, P.; Meidan, M.

2005-07-01

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

Energy market reform and greenhouse gas emission reductions

International Nuclear Information System (INIS)

Anon.

1999-01-01

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

Issues related to development of Indian photovoltaic market

International Nuclear Information System (INIS)

Chaurey, A.; Laxminarayan, R.

1993-01-01

As is the case of most energy deficient countries in the tropics, India offers an enormous potential for use of photovoltaic (PV) systems. However, the demand in true commercial sense has not yet been created. The constraints for market development are not only related to the cost but also to several local parameters. The paper highlights these issues and constraints and suggests a market development strategy. (author)

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.

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.

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.

Consultation document Energy Market Concentrations

International Nuclear Information System (INIS)

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

2006-06-01

This the second consultation document of the Netherlands Competition Authority (NMa) on the title subject (the first was in 2002). The purpose of the consultation is to involve all the relevant and interested parties in the development of the energy market in the Netherlands and to consult those parties on studies that have been carried out by the NMa so far: (1) defining (possible) relevant markets in the electricity sector, and (2) the vision and opinion of the NMa with respect to mergers and take-overs. Also, the consultation document is a contribution to the response of the letter from the Dutch Minister of Economic Affairs of May 2005 in which the NMa was requested to give an overview of the preconditions with regard to competition and it's legal aspects [nl

Four essays on market power in energy economics

Energy Technology Data Exchange (ETDEWEB)

Hansen, Petter Vegard

2008-07-01

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

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

International Nuclear Information System (INIS)

Eyre, N.

1998-01-01

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

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.

Markets, jobs, and energetic challenge of activities related to renewable energies and to energy efficiency. Situation in 2007-2008. Perspectives for 2009

International Nuclear Information System (INIS)

2009-10-01

This study proposes an annual evolution survey of markets and jobs related to the development of renewable energies and to the improvement of energy efficiency in the housing and transport sectors. Markets are related to wind energy, thermal and photovoltaic energy, heat pumps, wood, bio-diesel, bio-ethanol, biogas, waste energetic valorization, geothermal energy, and hydro-energy. Energy efficiency improvements in the housing sector are related to energetic improvement of existing dwellings, condensing boilers, energetically performing household electrical appliances, and compact fluorescent lamps. In the transport sector, energy efficiency improvements concern rail transports and tramways as well as individual vehicles. New markets are identified and discussed: research and development for renewable energies, energy consultancy and diagnosis, energy efficiency in the office building sector and in the industrial sector

Portfolio diversification in energy markets

International Nuclear Information System (INIS)

Galvani, Valentina; Plourde, Andre

2010-01-01

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

Portfolio diversification in energy markets

Energy Technology Data Exchange (ETDEWEB)

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

2010-03-15

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

A flexible energy market - electric power reserves at the place of the end-user

International Nuclear Information System (INIS)

Livik, Klaus; Groenli, Helle; Fretheim, Stig; Feilberg, Nicolai; Gjervan, Sverre; Dymbe, Lars

1996-01-01

If short-term as well as long-term prices in the electric power market are to be stable, then the market must be flexible and both energy and power related efforts must be taken at the end-user's place. The report analyses what type of actors in the electric power market are profiting from a flexible end-user market for energy and power. It is found that a flexible market has utilitarian value for end-users, network owners, suppliers, market operators and system operators. It is also clearly desirable from the point of view of the authorities. Considerable possibilities of developing the flexible energy and power market exist at the end-user. The possibilities can be realized by means of technological developments and political incentives such as by rules for monopoly control. End-user measures may have considerable utilitarian value, socio economically. Especially in areas with high marginal costs of power transport will network owners see the advantages of such measures

Mathematical modelling of electricity market with renewable energy sources

International Nuclear Information System (INIS)

Marchenko, O.V.

2007-01-01

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

The biomass energy market in Finland

International Nuclear Information System (INIS)

2002-01-01

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

The tenth CERI [Canadian Energy Research Institute] international oil and gas markets conference

International Nuclear Information System (INIS)

1991-01-01

At a conference on oil and gas markets, papers were presented on oil market instability and its impact on economic development, international energy policy, oil supply and demand, natural gas liquids sales, world gas trade, gas markets in Europe and Asia, petroleum industry activities and their relation to government, oil refining and product market developments, and the North American natural gas market. Separate abstracts have been prepared for 25 papers from this conference

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.

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

International Nuclear Information System (INIS)

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

2007-01-01

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

Strategic energy planning: Modelling and simulating energy market behaviours using system thinking and systems dynamics principles

International Nuclear Information System (INIS)

Papageorgiou, George Nathaniel

2005-01-01

In the face of limited energy reserves and the global warming phenomenon, Europe is undergoing a transition from rapidly depleting fossil fuels to renewable unconventional energy sources. During this transition period, energy shortfalls will occur and energy prices will be increasing in an oscillating manner. As a result of the turbulence and dynamicity that will accompany the transition period, energy analysts need new appropriate methods, techniques and tools in order to develop forecasts for the behaviour of energy markets, which would assist in the long term strategic energy planning and policy analysis. This paper reviews energy market behaviour as related to policy formation, and from a dynamic point of view through the use of ''systems thinking'' and ''system dynamics'' principles, provides a framework for modelling the energy production and consumption process in relation to their environment. Thereby, effective energy planning can be developed via computerised simulation using policy experimentation. In a demonstration model depicted in this paper, it is shown that disasters due to attractive policies can be avoided by using simple computer simulation. (Author)

Market-pull report. Measures on the demand side accelerate development and market introduction of energy-saving technologies. Swiss examples in the international context

International Nuclear Information System (INIS)

Bachmann, C.; Aebischer, B.

1995-09-01

International Energy Agency (IEA) experts met in Zurich in order to further develop international projects for the coordinated procurement of energy-saving technologies. On the occasion of this meeting, Swiss specialists from business and administrative circles presented examples of how the market can be purposefully influenced by implementing measures on the demand side. In order to ensure success, it is vital that all parties concerned - from the manufacturers to the consumers - are taken into account, and that tools are applied that have been adapted to each individual market. An international coordination of activities that are aimed at bringing about a change in procurement behaviour contributes considerably to an acceleration of the various processes. For the manufacturers, most of whom are active on an international level, it becomes simpler and more worthwhile to react. This applies in particular when instruments such as quality seals (labels) and target values are applied. (author) figs., tabs

The development of European gas markets. Environmental, economic and political perspectives

International Nuclear Information System (INIS)

Estrada, J.; Moe, A.; Martinsen, K.D.

1996-01-01

By reviewing past history and developments in the European gas markets and European energy policy, this book identifies the driving forces for future market development. Topics covered include future gas demand and potential supplies, inter-fuel competition and the likely structure of gas markets in Europe in the future. (UK)

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

Nuclear-Renewable Energy Systems Secondary Product Market Analysis Study

International Nuclear Information System (INIS)

Deason, Wesley Ray

2015-01-01

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

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.

Renewable energy investment: Policy and market impacts

International Nuclear Information System (INIS)

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

2012-01-01

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

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.

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.

Energy 2007. Research, development, demonstration; Energi 07. Forskning, udvikling, demonstration

Energy Technology Data Exchange (ETDEWEB)

Byriel, I.P.; Justesen, Helle; Beck, A.; Borup Jensen, J.; Rosenfeldt Jakobsen, Kl; Jacobsen, Steen Hartvig (eds.)

2007-08-10

Danish energy research is in an exciting and challenging situation. Rising oil prices, unstable energy supply, climate policy responsibilities and globalization have brought development of new environmentally friendly and more efficient energy technologies into focus. Promising international markets for newly developed energy technologies are emerging, and at the same time well established Danish positions of strength are challenged by new strong actors on the global market. The Danish government has set to work on its vision of an appreciable strengthening of public energy research funding through the recent law on the energy technological development and demonstration programme EUDP and the realization of globalization funds. The interaction between basic and applied research must be kept intact. In this report the various Danish energy research programmes administered by Energinet.dk, Danish Energy Authority, Danish Energy Association, Danish Council for Strategic Research's Programme Commission on Energy and Environment and Danish National Advanced Technology Foundation, coordinate their annual reports for the first time. The aim of Energy 2007 is to give the reader an idea of how the energy research programmes collaborate on solving the major energy technology challenges - also in an international context. (BA)

Renewable energy markets in China: An analysis of renewable energy markets in Guangdong, Jiangxi, Jilin, and Yunnan provinces, with updated information from Beijing

Energy Technology Data Exchange (ETDEWEB)

Vaupen, S.B.

1999-12-13

The People's Republic of China has undergone many changes over the past decade that have led to new growth and created opportunities for many industries, including the renewable energy industry. China has consistently had one of the fastest-growing economies in Asia. This report is a continuation of a market assessment done in 1997, which analyzed six provinces (Inner Mongolia, Gansu, Shandong, Qinghai, Xinjiang, and Zhejiang) in China. The information contained in this report comes mainly from interviews conducted with central and local government officials, state and local power bureau officials, and various company executives. The report provides valuable market information necessary for any company interested in entering China's renewable energy market. It also details the legal, competitive, sociocultural, technological, geographic, and economic environments of four provinces in China: Guangdong, Jiangxi, Jilin, and Yunnan. In addition, it outlines the major central government policies and contacts important to renewable energy development within China.

Emerging Markets for Renewable Energy Certificates: Opportunities and Challenges

Energy Technology Data Exchange (ETDEWEB)

Holt, E.; Bird, L.

2005-01-01

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

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

Science.gov (United States)

2010-06-21

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

Municipal energy and climate policy in a liberalized energy market

International Nuclear Information System (INIS)

Burger, H.

2001-05-01

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

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...

Asia/Pacific Rim renewable energy market assessments by the State of Hawaii

International Nuclear Information System (INIS)

Ishimura, D.M.; Kinoshita, C.M.; Turn, S.Q.

1999-01-01

The State of Hawaii has begun to encourage its economic growth and diversification by increasing the export of U.S. energy, environment, ocean, and information technologies. Hawaii's Strategic Technology Market Assessment and Development (STMAD) program promotes the transfer of U.S. technology into Asia and the Pacific Rim, locations having phenomenal growth potential and vast technological infrastructure demands. The STMAD program is managed by the State's Department of Business, Economic Development and Tourism (DBEDT). Under the auspices of STMAD, the Hawaii Natural Energy Institute (HNEI) of the University of Hawaii is assessing biomass energy resources of Asian and Pacific Rim countries to identify and investigate sustainable energy markets. This paper reviews the STMAD program and reports findings of renewable energy assessment performed by HNEI and DBEDT. (author)

Development perspectives of alternative energy projects before the new energy regulation

International Nuclear Information System (INIS)

Valencia V; Jaime A; Perez O, Jaime A; Moreno O, German

2000-01-01

Large electric energy generation systems are dominant in the energy markets. This has been like that, because the economic balances have not included yet some parameters, and specifically environmental variables, that started being considered in the international markets. Colombian generation and transmission expanding plans are commented and the possibilities for the developing of alternative energy projects are referred to those plans. Additionally, a regional experience in the definition of criteria for electric energy service coverage enlargement allowing for alternative energy inclusion is presents, remarking their successful application as a competitive alternative for rural energizing

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.

Achieving energy security through integrated Canadian-American markets

International Nuclear Information System (INIS)

Moens, A.; Rastin, T.; O'Keefe, G.

2006-01-01

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

Business development in renewable energy

NARCIS (Netherlands)

Krozer, Yoram; Visa, Ion

2014-01-01

This paper discusses how to foster development of renewable energy business. Factors that impede or enhance renewable energy in the EU 27 member states in the period 1998–2008 are analyzed. Nine factors are considered: population density, production output and energy sector output to indicate market

Developments in the emissions trading market 2009; Utvecklingen paa utslaeppsraettsmarknaden 2009

Energy Technology Data Exchange (ETDEWEB)

Bohnstedt, Sophie; Karlberg, Marie; Myrman, Johanna

2010-07-01

The Energy Agency has analyzed the development of emissions trading within the EU and globally in 2009. The analysis relates to larger events which mainly affected the prices and traded volumes during the year. The analysis includes the market for European emissions, markets for the project-based mechanisms, development of trade with the assigned emission units (AAUs), the unregulated market and developments in other trading in the world. The report is based on existing studies and monitoring of markets development during January to November 2009

Energy Efficiency Sector in Russia. Market Survey of Equipment and Services

International Nuclear Information System (INIS)

2006-02-01

The aim of the present Survey is to give an insight of energy efficiency (EE) in Russia and to assess the demand for EE equipment and services in the energy sector. In the Survey the term 'Energy Efficiency' means the efficient generation, distribution and consumption of heat and power. The main EE measures are classified as recovery of sources of energy, measuring and controlling systems, optimal use of the equipment, modernisation, in-house energy generation and renewable energy sources. Chapter 3 gives an overview of the current situation of the Russian energy sector. The term 'energy sector' is used in the context of generation, distribution and consumption of heat and power. The infrastructure and the ownership of the energy sector are examined. In this chapter special attention is paid to the Power Sector Reform and how the Reform affects the development of EE in the Russian energy sector. Chapter 4 describes the current situation in EE, giving the reasons of inefficiency in energy use and possible solutions for improving. Chapter 5 presents a market research of equipment that could make a great input into EE development. The research has shown that the most promising opportunities for suppliers of EE equipment lie in the heat sector (generation, distribution, consumption). This chapter also describes the development of ESCOs (Energy Service Companies) in Russia. Chapter 6 gives an overview of domestic and foreign capital available to finance EE development. According to conventional market based incentives, end users invest into increasing their profits more intensively than into projects aiming at energy saving. That is mostly because energy is relatively cheap in Russia and the federal governmental policy does not stimulate EE development either. Chapter 7 on the market approach advises on steps that have to be taken and risks that need to be avoided in order to enter the Russian market successfully. It warns of the possible pitfalls on this way. Chapter 8

Impact of changing conditions in the oil market on energy policies in the ESCWA region

International Nuclear Information System (INIS)

Anon.

1992-01-01

The present study has been prepared in the implementation of the ESCWA work programme and priorities for 1988/1989. It is aimed at examining energy issues of major concern to the region particularly the changes in the oil market, fluctuations of oil prices and their impact on energy plans and policies. The study is also intended to serve as a background document to the Meeting organized to discuss salient energy issues arising from recent developments in the oil market. It has therefore been designed to deal with downstream and upstream activities, adjustments to contractual terms, and market and national energy policies following the violent fluctuations of oil prices. Some futuristic views on the oil market are also presented and the study includes an examination of national and regional entities involved in energy issues and development of oil resources in the ESCWA region. (Author)

International wind energy development. World market update 2006. Forecast 2007-2011

International Nuclear Information System (INIS)

2007-03-01

The report covers development in the international wind power market during 2006 and the new Forecast until 2011. Furthermore a long term Prediction is made up to 2016. With 15,016 MW of new installations, the total installed capacity of wind power grew to around 74,300 MW. This was an increase in cumulative installation of 25%. Looking at the annual installation of 15,016 MW there was an increase of 30%. This is on top of a 2005 growth of 42%. The key figures for development during 2006 were: a) 15,016 MW of newly installed wind power capacity. b)Cumulative installed capacity by the end of 2006 reached 74,306 MW, consisting of around 10,600 wind turbines dispersed in 36 countries. c) Europe maintained its role as the largest wind power continent. 51% of all new installation in 2006 took place in Europe. d) The Americas had a record year thanks to the development in the US, where 2,454 MW of new capacity was added. The reason is the PTC (Production Tax Credit) in the US market in force again and will be so until end of 2008. The Americas accounted for 23.4% of the world's installation in 2006. e) Asia showed significant growth. Including OECD Pacific, Asia doubled its installation, from 7,890 MW in 2005 to 11.601 MW by the end of 2006. India was by far the leading country, with 1,840 MW of new capacity in 2006. China also showed strong progress, with almost 1,334 MW of new installation. The region as a whole accounted for 24.7% of the year's world wide total. f) Among the Top Ten markets USA maintained its position as largest market in 2006. Germany, the world's largest market for a decade, increased its installation from 2005 to installing 2.233 MW, after three year on decline. It is, however, enough to maintain their position as no. 2 market in the world. France and Portugal showed remarkable growth. Spain is still No.2 market in Europe, with 1,587 MW of new installation. g) Penetration of wind power in the world's electricity supply reached 0.82% by the end of

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

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.

The renewable energy development framework - II. The foundations of renewable energy development: Economic foundations of renewable energies; International foundations of renewable energies; European foundations of renewable energy development; Foundations of renewable energy development in internal law

International Nuclear Information System (INIS)

Combes Motel, Pascale; Thebaut, Matthieu; Loic Grard; Michallet, Isabelle

2012-01-01

A first article analysis the reasons for the development of renewable energies (economic and environmental reasons, European commitments in terms of production objectives), how these renewable energies can be developed (acceptation by the population, administrative, technological, and financial constraints, political instruments related to market, taxes and purchase prices). A second article proposes a discussion about the way international law deals with renewable energies as far as texts as well as actors are concerned. The third article describes the European ambitions regarding renewable energies as a product of national perspectives (national action plans and projects) as well as of European perspectives (financing, integrated actions). The last article presents and comments various legal texts dealing with the development of renewable energies in France (texts concerning the right to energy, the environment law, planning tools, incentive measures)

Energy and environmental efficiency in competitive power markets

International Nuclear Information System (INIS)

Warwick, W.M.

1995-02-01

For years the electric utility industry operated as a regulated monopoly, largely immune to market forces except those of competing fuels. That era came to an end with the Public Utilities Regulatory Policy Act (PURPA) of 1974, which created a market for non-utility generated power. Within twenty years, non-regulated, non-utility generators had become the primary supplier of new energy resources. Their market power is matched by their political power, as evidenced in the Energy Policy Act of 1994 (EPAct), which requires open access to utility transmission lines to facilitate inter-utility bulk power sales. The conventional wisdom is that active wholesale power markets with competition among alternative generators will lead to lower power-development costs and cheaper retail power prices. The trend towards alternative bulk power sources at low prices intersects with large retail power customers' interest in accessing alternative power supplies. In most cases, these alternatives to local utilities are at a lower cost than retail rates. For the most part, proponents of generation competition have remained silent about potential environmental consequences. However, skeptics of increased competition, including major environmental groups, cite environmental impacts among their concerns. This report examines these concerns

Problems of valuation and organization in energy markets

International Nuclear Information System (INIS)

Porchet, A.

2008-01-01

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