globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2019.111135
论文题名:
Market distortions in flexibility markets caused by renewable subsidies – The case for side payments
作者: Höckner J.; Voswinkel S.; Weber C.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 137
语种: 英语
中文关键词: Congestion management ; Flexibility markets ; Renewables ; Side payments ; Smart markets
英文关键词: Energy policy ; Congestion management ; Design flexibility ; Increasing costs ; Renewable energies ; Renewables ; Side-payments ; Smart markets ; Uniform pricing ; Costs ; alternative energy ; energy management ; energy market ; implementation process ; smart grid ; subsidy system ; Europe
英文摘要: Strongly increasing costs of congestion management have provoked a discussion in Europe about new approaches to solve grid congestions in a more efficient way. One approach is to design flexibility markets. In this paper we focus on the effects of subsidies for renewable energy on the market outcome of a flexibility market. We show that subsidies can cause market distortions and lead to an inefficient selection of flexibility options to solve grid congestions. We propose the implementation of side payments together with price caps and uniform pricing to achieve an efficient market design. Ultimately choosing between flexibility markets with and without side payments involves a tradeoff between minimizing system costs and maximizing renewable infeed. Our analysis provides the framework for a conscious political choice on that subject. © 2019 The Authors
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被引频次[WOS]:14   [查看WOS记录]     [查看WOS中相关记录]
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167239
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作者单位: House of Energy Markets and Finance University of Duisburg-Essen, Universitätsstr. 12, Essen, 45117, Germany

Recommended Citation:
Höckner J.,Voswinkel S.,Weber C.. Market distortions in flexibility markets caused by renewable subsidies – The case for side payments[J]. Energy Policy,2020-01-01,137
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