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Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market

Author

Listed:
  • Michele Fiorelli

    (EP Produzione, 00187 Rome, Italy)

  • Dogan Keles

    (Institute for Industrial Production, Karlsruhe Institute of Technology, 76131 Karlsruhe, Germany)

  • Francesco Montana

    (Department of Engineering, University of Palermo, 90133 Palermo, Italy)

  • Giovanni Lorenzo Restifo

    (Department of Engineering, University of Palermo, 90133 Palermo, Italy)

  • Eleonora Riva Sanseverino

    (Department of Engineering, University of Palermo, 90133 Palermo, Italy)

  • Gaetano Zizzo

    (Department of Engineering, University of Palermo, 90133 Palermo, Italy)

Abstract

Although decarbonisation is one of the most important macro-trends of this century, electricity generation from coal power plants is still broadly common. The main goal of this study is to evaluate the impact of a premature coal power plants phase-out on the Italian day-ahead electricity market. For this purpose, two electricity price forecasts, related to different scenarios between 2019 and 2030, and two different hypotheses for the creation of electricity spot price, were compared. The results from the different scenarios show that coal power plants phase-out determines a small variation in electricity price when bid-up is not considered; instead, when operators’ bid-up is included in the study, the price variation becomes relevant.

Suggested Citation

  • Michele Fiorelli & Dogan Keles & Francesco Montana & Giovanni Lorenzo Restifo & Eleonora Riva Sanseverino & Gaetano Zizzo, 2020. "Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market," Energies, MDPI, vol. 13(18), pages 1-24, September.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:18:p:4596-:d:408772
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    References listed on IDEAS

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