BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//talks.cam.ac.uk//v3//EN
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:19700329T010000
RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=-1SU
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:19701025T020000
RRULE:FREQ=YEARLY;BYMONTH=10;BYDAY=-1SU
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
CATEGORIES:Isaac Newton Institute Seminar Series
SUMMARY:Generation and network investment in electricity m
arkets: using multilevel optimization to assess th
e role of the market design - Veronika Grimm (Frie
drich-Alexander-Universität Erlangen-Nürnberg)
DTSTART;TZID=Europe/London:20190429T143000
DTEND;TZID=Europe/London:20190429T153000
UID:TALK123250AThttp://talks.cam.ac.uk
URL:http://talks.cam.ac.uk/talk/index/123250
DESCRIPTION:The talk will present a multilevel optimization ap
proach that allows to analyze the long-run impact
of electricity market design on investment and pro
duction decisions. The presentation will give an o
verview over various recent contributions that foc
us on electricity markets that operate under a zon
al pricing market design\, as it is established in
Europe. We apply the approach to the German elect
ricity market as an example to demonstrate the imp
act of (i) the establishment of additional price z
ones\, (ii) regionally differentiated network fees
(iii) market-driven RES curtailment on key perfor
mance indicators such as welfare\, economic rents\
, generation mix and locations\, network investmen
t\, or electricity prices in the long run. We also
show how the model can be used to endogenously de
termine an optimal configuration of price zones on
a network\, or to assess the long run impact of s
tructural (regulatory) uncertainty about the futur
e market design.
The talk will present wo
rk with various coauthors which will be mentioned
along the presentation.
LOCATION:Seminar Room 1\, Newton Institute
CONTACT:INI IT
END:VEVENT
END:VCALENDAR