Analysis and Modelling of the French Capacity Mechanism
Language: English
Published by Springer Fachmedien Wiesbaden, 2017
Series: Book 51 of 91 - BestMasters
- Softcover
- New
Condition: New
£ 41.98
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- Title
- Analysis and Modelling of the French Capacity Mechanism
- Author
- Emil Kraft
- Publisher
- Springer Fachmedien Wiesbaden
- Publication year
- 2017
- Condition
- New
- Binding
- Kartoniert / Broschiert
- Language
- English
- ISBN 10
- 3658200928
- ISBN 13
- 9783658200923
- Series
- Book 51 of 91: BestMasters
- Seller catalogs
- Sozialwissenschaften/Recht/Wirtschaft
Emil Kraft analyses the French capacity remuneration mechanism design and develops a capacity market model that draws upon an agent-based simulation. The capacity mechanism was implemented to mitigate the imminent risk to the security of supply and to complement the electricity markets. The author applies his model to real data in three scenarios and assesses both the impact of the mechanism on the development of the French generation fleet until 2050 and the evolution of the capacity prices. The key conclusions consist of the effectiveness and the controllability of the implemented mechanism. As a complement to functioning electricity markets it is able to provide sufficient investment incentives and thus to guarantee the French security of supply in the future.
"Synopsis" may belong to another edition of this title.
About the Author
Emil Kraft works as a research fellow at the Chair of Energy Economics at the Karlsruhe Institute of Technology (KIT) in the research group "Energy Markets and Energy System Analysis". His research focuses on future market design and the integration of renewable energies into the electricity markets and the future electricity system.
"About the title" may belong to another edition of this title.
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