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ADMIRE-REBUS: modeling the European market for renewable electricity

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  • Daniëls, B.W.
  • Uyterlinde, M.A.

Abstract

ADMIRE REBUS is a dynamic simulation model of the international market for renewable electricity. It pays explicit attention to trade barriers, discriminative support policies, risks, and other imperfections inherent in a market in transition. The model matches national supply curves (based on costs and potentials) with policy-based demand curves so as to take into account the discriminative characteristics of policies, where appropriate, and the ability of producers to choose whether they produce for the domestic market or whether they wish to trade their production. Because of the different levels of national support schemes, different submarkets emerge with local equilibrium prices. The paper describes the way in which the model simulates the policy-induced renewable electricity market, and shows results concerning the contribution of several important technologies in five scenarios that differ with regard to assumed ambition level, trade barriers, and timing of EU member states' policies on renewable electricity. Within the chosen scenarios, the model shows wind offshore to be the most sensitive technology with regard to the policy environment.

Suggested Citation

  • Daniëls, B.W. & Uyterlinde, M.A., 2005. "ADMIRE-REBUS: modeling the European market for renewable electricity," Energy, Elsevier, vol. 30(14), pages 2596-2616.
    • Handle: RePEc:eee:energy:v:30:y:2005:i:14:p:2596-2616
    DOI: 10.1016/j.energy.2004.07.013
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    Cited by:

    1. Uyterlinde, Martine A. & Junginger, Martin & de Vries, Hage J. & Faaij, Andre P.C. & Turkenburg, Wim C., 2007. "Implications of technological learning on the prospects for renewable energy technologies in Europe," Energy Policy, Elsevier, vol. 35(8), pages 4072-4087, August.
    2. Özdemir, Özge & Hobbs, Benjamin F. & van Hout, Marit & Koutstaal, Paul R., 2020. "Capacity vs energy subsidies for promoting renewable investment: Benefits and costs for the EU power market," Energy Policy, Elsevier, vol. 137(C).
    3. Özdemir, Ö. & Hobbs, B. & van Hout, M. & Koutstaal, P., 2019. "Capacity vs Energy Subsidies for Renewables: Benefits and Costs for the 2030 EU Power Market," Cambridge Working Papers in Economics 1927, Faculty of Economics, University of Cambridge.
    4. Izquierdo, Salvador & Dopazo, César & Fueyo, Norberto, 2010. "Supply-cost curves for geographically distributed renewable-energy resources," Energy Policy, Elsevier, vol. 38(1), pages 667-672, January.
    5. Verhaegen, Karolien & Meeus, Leonardo & Delvaux, Bram & Belmans, Ronnie, 2007. "Electricity produced from renewable energy sources--What target are we aiming for?," Energy Policy, Elsevier, vol. 35(11), pages 5576-5584, November.

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