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A dynamic simulation model for assessing the overall impact of incentive policies on power system reliability, costs and environment

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  • Ibanez-Lopez, A.S.
  • Martinez-Val, J.M.
  • Moratilla-Soria, B.Y.

Abstract

The liberalization of power markets has entailed dramatic changes in power system planning worldwide. The inception of new alternative technologies, smart grids and distributed generation and storage is expected to make system planning even more challenging.

Suggested Citation

  • Ibanez-Lopez, A.S. & Martinez-Val, J.M. & Moratilla-Soria, B.Y., 2017. "A dynamic simulation model for assessing the overall impact of incentive policies on power system reliability, costs and environment," Energy Policy, Elsevier, vol. 102(C), pages 170-188.
    • Handle: RePEc:eee:enepol:v:102:y:2017:i:c:p:170-188
    DOI: 10.1016/j.enpol.2016.12.026
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    2. Lin, Jiang & Kahrl, Fredrich & Liu, Xu, 2018. "A regional analysis of excess capacity in China’s power systems," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt44j2w0d0, Department of Agricultural & Resource Economics, UC Berkeley.
    3. Kërçi, Taulant & Tzounas, Georgios & Milano, Federico, 2022. "A dynamic behavioral model of the long-term development of solar photovoltaic generation driven by feed-in tariffs," Energy, Elsevier, vol. 256(C).
    4. Marques, António Cardoso & Fuinhas, José Alberto & Macedo, Daniela Pereira, 2019. "The impact of feed-in and capacity policies on electricity generation from renewable energy sources in Spain," Utilities Policy, Elsevier, vol. 56(C), pages 159-168.
    5. Aryani, Morteza & Ahmadian, Mohammad & Sheikh-El-Eslami, Mohammad-Kazem, 2021. "Coordination of risk-based generation investments in conventional and renewable capacities in oligopolistic electricity markets: A robust regulatory tool," Energy, Elsevier, vol. 214(C).
    6. Rios-Festner, Daniel & Blanco, Gerardo & Olsina, Fernando, 2020. "Long-term assessment of power capacity incentives by modeling generation investment dynamics under irreversibility and uncertainty," Energy Policy, Elsevier, vol. 137(C).
    7. Rios, Daniel & Blanco, Gerardo & Olsina, Fernando, 2019. "Integrating Real Options Analysis with long-term electricity market models," Energy Economics, Elsevier, vol. 80(C), pages 188-205.
    8. Ibanez-Lopez, A.S. & Moratilla-Soria, B.Y., 2017. "An assessment of Spain's new alternative energy support framework and its long-term impact on wind power development and system costs through behavioral dynamic simulation," Energy, Elsevier, vol. 138(C), pages 629-646.

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