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  • OER000002845.pdf.jpg
  • Journal article


  • Authors : Youngjun, Ko (2019)

  • A government plan was announced to expand the share of renewable energy to 20 percent by 2030 in Korea and to construct additional pumped hydro storage (PHS) to prepare for the uncertainty of renewable generation. However, due to the distortion of the Korean electricity market, pumped storage power plants are operating in the red, which may cause controversy over the economic feasibility of additional construction. In this study, w...

  • OER000002787.pdf.jpg
  • Journal article


  • Authors : George E, Halkos, (2023)

  • This paper reviews the case of nuclear energy. Currently, the worldworld is facing one of the greatest energy crises due to the Russo-Ukrainian war. This conflict has lead to limited sources of gas, causing a dramatic decrease in energy supply, leading to emerging energy crisis risks. This is one on the main purposes of reviewing nuclear energy as a possible energy alternative in the future. Apart from presenting the bas...

  • OER000002818.pdf.jpg
  • Journal article


  • Authors : Wolf-Peter, Schill (2020)

  • Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable renewable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-source electricity sector model. We find that flexible electric heaters generally increase the use of generation technologies with low variable costs, which are not necessarily renewables. Yet making customary night-time storage heaters temporal...

  • OER000002843.pdf.jpg
  • Journal article


  • Authors : Olivier, Féron (2020)

  • We study price formation in intraday electricity markets in the presence of intermittent renewable generation. We consider the setting where a major producer may interact strategically with a large number of small producers. Using stochastic control theory, we identify the optimal strategies of agents with market impact and exhibit the Nash equilibrium in a closed form in the asymptotic framework of mean field games with a major p...

  • OER000002824.pdf.jpg
  • Journal article


  • Authors : Gunther, Glenk (2019)

  • I n vertically integrated energy systems, integration frequently entails operational gains that must be traded off against the requisite cost of capacity investments. In the context of the model analyzed in this study, the operational gains are subject to inherent volatility in both the price and the output of the intermediate product transferred within the vertically integrated structure. Our model framework provides necessary and sufficient conditions for&#...