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| DOI | 10.1016/j.enpol.2020.112030 |
| Do minimum trading capacities for the cross-zonal exchange of electricity lead to welfare losses? | |
| Schönheit D.; Dierstein C.; Möst D. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 149 |
| 英文摘要 | Within flow-based market coupling, the EU's preferred method for calculating cross-border trading capacities, recent regulatory changes stipulate minimum trading capacities, so-called minRAMs which have to be provided to electricity markets. Effectively, high predicted flows on considered electricity grid elements have to be reduced to reserve a minimum of the elements' capacities for cross-zonal trading. This analysis investigates if the adjustments made to meet this criterion, in the form of augmented trading domains, lead to higher amounts of curative congestion management. To quantify the effect of increasing minRAMs on overall welfare, the markets and grids of Central Western Europe are analyzed during two representative weeks of 2016. The results show the increasing market coupling welfare is more than offset by rising congestion management costs, leading to net welfare losses. In the best case, the generation plus congestion management costs within Central Western Europe rise by 7.25% when increasing the minRAMs from the current 20%–45% and a minRAM of 70% is 6.28% more expensive compared to a minRAM of 20%. The analysis derives policy recommendations for implementing the minRAM stipulation, with a particular focus on a cost-minimizing selection of generation shift keys, in general as well as situation-dependent terms. © 2020 Elsevier Ltd |
| 关键词 | Congestion managementElectricity tradeFlow-based market couplingGeneration shift keysn-1 security criterionWelfare of market participants |
| 英文关键词 | Cost accounting; Cost benefit analysis; Congestion management; Cross-border trading; Electricity grids; Market coupling; Policy recommendations; Regulatory change; Welfare loss; Western Europe; Commerce; cross-border relations; electricity generation; electricity supply; energy management; energy market; international trade; welfare impact; Western Europe |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205334 |
| 作者单位 | Technische Universität Dresden, Chair of Energy Economics, Münchner Platz 3, Dresden, 01069, Germany |
| 推荐引用方式 GB/T 7714 | Schönheit D.,Dierstein C.,Möst D.. Do minimum trading capacities for the cross-zonal exchange of electricity lead to welfare losses?[J],2021,149. |
| APA | Schönheit D.,Dierstein C.,&Möst D..(2021).Do minimum trading capacities for the cross-zonal exchange of electricity lead to welfare losses?.Energy Policy,149. |
| MLA | Schönheit D.,et al."Do minimum trading capacities for the cross-zonal exchange of electricity lead to welfare losses?".Energy Policy 149(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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