Review and analysis of investment decision making algorithms in long-term agent-based electric power system simulation models

Z Tao, JA Moncada, K Poncelet, E Delarue - Renewable and Sustainable …, 2021 - Elsevier
Long-term electric power system planning models are frequently used to provide policy
support in the context of the ongoing transition towards a low-carbon electric power system …

The long-term impact of the market stability reserve on the EU emission trading system

K Bruninx, M Ovaere, E Delarue - Energy Economics, 2020 - Elsevier
To provide a strong price signal for greenhouse gas emissions abatement, Europe decided
to strengthen the European Union Emissions Trading System (EU ETS) by implementing a …

[HTML][HTML] How do demand response and electrical energy storage affect (the need for) a capacity market?

ASM Khan, RA Verzijlbergh, OC Sakinci, LJ De Vries - Applied Energy, 2018 - Elsevier
To ensure security of supply and incentivize reliable investment in generation capacity,
capacity markets (CMs) have been implemented or are being considered. However …

Simulating climate and energy policy with agent-based modelling: The Energy Modelling Laboratory (EMLab)

EJL Chappin, LJ de Vries, JC Richstein… - … modelling & software, 2017 - Elsevier
We present an approach to simulate climate and energy policy for the EU, using a flexible
and modular agent-based modelling approach and a toolbox, called the Energy Modelling …

[HTML][HTML] Investment in the future electricity system-An agent-based modelling approach

O Kraan, GJ Kramer, I Nikolic - Energy, 2018 - Elsevier
Now that renewable technologies are both technically and commercially mature, the
imperfect rational behaviour of investors becomes a critical factor in the future success of the …

[HTML][HTML] Cross-border effects of capacity mechanisms in interconnected power systems

PC Bhagwat, JC Richstein, EJL Chappin, KK Iychettira… - Utilities Policy, 2017 - Elsevier
The cross-border effects of a capacity market and a strategic reserve in interconnected
electricity markets are modeled using an agent-based modeling methodology. Both capacity …

[HTML][HTML] An analysis of a forward capacity market with long-term contracts

PC Bhagwat, A Marcheselli, JC Richstein, EJL Chappin… - Energy policy, 2017 - Elsevier
We analyze the effectiveness of a forward capacity market (FCM) with long-term contracts in
an electricity market in the presence of a growing share of renewable energy. An agent …

[HTML][HTML] Towards a comprehensive policy for electricity from renewable energy: Designing for social welfare

KK Iychettira, RA Hakvoort, P Linares, R de Jeu - Applied Energy, 2017 - Elsevier
The governance of renewable electricity in Europe beyond 2020 is still uncertain. The only
certain aspects are that national level targets will be abolished beyond 2020, and that most …

[HTML][HTML] Towards a comprehensive policy for electricity from renewable energy: An approach for policy design

KK Iychettira, RA Hakvoort, P Linares - Energy Policy, 2017 - Elsevier
Energy policy design in Europe is a complex issue involving multiple levels of governance,
and heavily influenced by institutional contexts. However policy design in Europe, and …

How renewable energy is reshaping Europe's electricity market design

LJ De Vries, RA Verzijlbergh - Economics of Energy & Environmental Policy, 2018 - JSTOR
We present a systematic review of the challenges to the regulation of electricity markets that
are posed by the integration of variable renewable energy sources. System integration is the …