Authors:
- A study in energy economics
- Includes supplementary material: sn.pub/extras
Part of the book series: BestMasters (BEST)
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Table of contents (7 chapters)
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Front Matter
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Back Matter
About this book
Emil Kraft analyses the French capacity remuneration mechanism design and develops a capacity market model that draws upon an agent-based simulation. The capacity mechanism was implemented to mitigate the imminent risk to the security of supply and to complement the electricity markets. The author applies his model to real data in three scenarios and assesses both the impact of the mechanism on the development of the French generation fleet until 2050 and the evolution of the capacity prices. The key conclusions consist of the effectiveness and the controllability of the implemented mechanism. As a complement to functioning electricity markets it is able to provide sufficient investment incentives and thus to guarantee the French security of supply in the future.
Authors and Affiliations
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Institute for Industrial Production (IIP), Karlsruher Institut für Technologie (KIT), Karlsruhe, Germany
Emil Kraft
About the author
Emil Kraft works as a research fellow at the Chair of Energy Economics at the Karlsruhe Institute of Technology (KIT) in the research group "Energy Markets and Energy System Analysis". His research focuses on future market design and the integration of renewable energies into the electricity markets and the future electricity system.
Bibliographic Information
Book Title: Analysis and Modelling of the French Capacity Mechanism
Book Subtitle: Impact Assessment of Energy Policy Measures on the Security of Supply
Authors: Emil Kraft
Series Title: BestMasters
DOI: https://doi.org/10.1007/978-3-658-20093-0
Publisher: Springer Gabler Wiesbaden
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2017
Softcover ISBN: 978-3-658-20092-3Published: 22 November 2017
eBook ISBN: 978-3-658-20093-0Published: 11 November 2017
Series ISSN: 2625-3577
Series E-ISSN: 2625-3615
Edition Number: 1
Number of Pages: XVII, 128
Number of Illustrations: 16 b/w illustrations, 10 illustrations in colour
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Energy Policy, Economics and Management, Economic Policy