The new challenges to transmission expansion planning. Survey of recent practice and literature review

S Lumbreras, A Ramos - Electric Power Systems Research, 2016 - Elsevier
Abstract Transmission Expansion Planning (TEP), the problem of deciding the new
transmission lines that should be added to an existing transmission network in order to …

Sustainable energy systems: Role of optimization modeling techniques in power generation and supply—A review

AA Bazmi, G Zahedi - Renewable and sustainable energy reviews, 2011 - Elsevier
Electricity is conceivably the most multipurpose energy carrier in modern global economy,
and therefore primarily linked to human and economic development. Energy sector reform is …

[HTML][HTML] A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms

A Bublitz, D Keles, F Zimmermann, C Fraunholz… - Energy …, 2019 - Elsevier
In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …

The long-run dynamics of electricity demand: Evidence from municipal aggregation

T Deryugina, A MacKay, J Reif - American Economic Journal: Applied …, 2020 - aeaweb.org
We study the dynamics of residential electricity demand by exploiting a natural experiment
that produced large and long-lasting price changes in over 250 Illinois communities. Using a …

Application of system dynamics approach in electricity sector modelling: A review

S Ahmad, RM Tahar, F Muhammad-Sukki… - … and Sustainable Energy …, 2016 - Elsevier
Electricity has become a vital source of energy for social and economic development in
modern era. Likewise, the issues of its planning and management have grown complex. To …

Fuel mix diversification incentives in liberalized electricity markets: A Mean–Variance Portfolio theory approach

FA Roques, DM Newbery, WJ Nuttall - Energy Economics, 2008 - Elsevier
Monte Carlo simulations of gas, coal and nuclear plant investment returns are used as
inputs of a Mean–Variance Portfolio optimization to identify optimal base load generation …

A real options evaluation model for the diffusion prospects of new renewable power generation technologies

G Kumbaroğlu, R Madlener, M Demirel - Energy Economics, 2008 - Elsevier
This study presents a policy planning model that integrates learning curve information on
renewable power generation technologies into a dynamic programming formulation …

A critical review of Real Options thinking for valuing investment flexibility in Smart Grids and low carbon energy systems

JA Schachter, P Mancarella - Renewable and Sustainable Energy Reviews, 2016 - Elsevier
This paper aims at serving as a critical analysis of Real Options (RO) methodologies that
have so far been applied to the flexible evaluation of smart grid developments and as a …

Capacity adequacy in power markets facing energy transition: A comparison of scarcity pricing and capacity mechanism

M Petitet, D Finon, T Janssen - Energy Policy, 2017 - Elsevier
This article analyses how a capacity mechanism can address security of supply objectives in
a power market undergoing an energy transition that combines energy efficiency efforts to …

Risk-based assessment of the cost-efficiency and the effectivity of renewable energy support schemes: Certificate markets versus feed-in tariffs

R Fagiani, J Barquín, R Hakvoort - Energy policy, 2013 - Elsevier
The introduction of renewable energy sources in the electricity generation mix has the
potential to reduce power sector's emissions and countries' dependence on imported oil …