气候变化领域集成服务门户(CCPortal): On the long-term efficiency of market splitting in Germany

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DOI	10.1016/j.enpol.2020.111833
	On the long-term efficiency of market splitting in Germany
	Fraunholz C.; Hladik D.; Keles D.; Möst D.; Fichtner W.
发表日期	2021
ISSN	03014215
卷号	149
英文摘要	In Europe, the ongoing renewable expansion and delays in the planned grid extension have intensified the discussion about an adequate electricity market design. Against this background, we jointly apply an agent-based electricity market model and an optimal power flow model to investigate the long-term impacts of splitting the German market area into two price zones. Our approach allows capturing long-term investment and short-term market behavior under imperfect information. We find strong impacts of a German market splitting on electricity prices, expansion planning of generators and required congestion management. While the congestion volumes decrease significantly under a market split in the short term, the optimal zonal configuration for 2020 becomes outdated over time due to dynamic effects like grid extension, renewable expansion and new power plant investments. Policymakers and regulators should therefore regularly re-assess bidding zone configurations. Yet, this stands in contrast to the major objective of price zones to create stable locational investment incentives. © 2020 The Authors
关键词	Agent-based simulation Congestion management Electricity market design Model coupling Optimal power flow Zonal pricing
英文关键词	Electric industry; Electric load flow; Electric power transmission networks; Expansion; Power markets; Power plants; Congestion management; Electricity market design; Electricity market model; Imperfect information; Investment incentives; Long-term investment; Optimal power flow model; Power plant investment; Investments; computer simulation; electricity generation; electricity supply; energy efficiency; energy market; energy policy; numerical model; power generation; Europe
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205095
作者单位	Karlsruhe Institute of Technology, Chair of Energy Economics, Hertzstraße 16, Karlsruhe, 76187, Germany; Technische Universität Dresden, Chair of Energy Economics, Münchner Platz 3, Dresden, 01069, Germany; Technical University of Denmark, Energy System Analysis Section, Akademivej Building 358, Kgs. Lyngby, 2800, Denmark
推荐引用方式 GB/T 7714	Fraunholz C.,Hladik D.,Keles D.,et al. On the long-term efficiency of market splitting in Germany[J],2021,149.
APA	Fraunholz C.,Hladik D.,Keles D.,Möst D.,&Fichtner W..(2021).On the long-term efficiency of market splitting in Germany.Energy Policy,149.
MLA	Fraunholz C.,et al."On the long-term efficiency of market splitting in Germany".Energy Policy 149(2021).