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The implementation of emission certificates in Europe in 2005 has lead to new uncertainties especially for power companies resulting in additional costs for the power generation. The introduction of certificates goes along with political conditions and objectives particularly in the European Union until 2020. In consequence, these regulations take influence on the power plant scheduling as well as...
Due to the climate objectives by the European Union a structural change of the power generation in Europe can be expected in future. Especially the share of renewable energies, such as wind and solar power, will increase rapidly in the years to come. As a result, the unit commitment of the residual power generation pool, e.g. thermal and hydro power plants, will be influenced by the volatile feed-in...
Sufficiency and cost-efficiency of energy supply are essential criteria for the economic development of a country. So far, the energy demand as well as the emission of gaseous pollutants in highly developed countries is significantly determined by the number of cars due to dominating combustion engine vehicles (CV). Since the electric drive as an innovative propulsion system effects neither local...
The market price for electrical energy is one of the main decisive factors for operational and strategic questions of power generation companies (PGC). Using market simulation methods which simulate the market for electrical energy the price development can be investigated. However, the deficit of typical market simulation methods is, that these methods in general not consider all cost components...
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