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| | |source_download=https://github.com/EMLab/emlab-generation | | |source_download=https://github.com/EMLab/emlab-generation |
| | |logo=Logo-emlab.png | | |logo=Logo-emlab.png |
| − | |text_description=The main purpose is to explore the long-term effects of interacting energy and climate policies by means of a simulation model of power companies investing in generation capacity. With this model, we study the influence of policy on investment in the electricity market in order to explicate possible effects of current and alternative/additional policies on the various sector goals, i.e. renewables targets, CO2 emission targets, security of supply and affordability. The methodology, agent-based modelling, allows for a different set of assumptions different as to the mainstream models for such questions: this model can explore heterogeneity of actors, consequences of imperfect expectations and investment behaviour outside of ideal conditions. | + | |text_description=The main purpose is to explore the long-term effects of interacting energy and climate policies by means of a simulation model of power companies investing in generation capacity. With this model, we study the influence of policy on investment in the electricity market in order to explicate possible effects of current and alternative/additional policies on the various sector goals, i.e. renewables targets, CO2 emission targets, security of supply and affordability. The methodology, agent-based modelling, allows for a different set of assumptions different as to the mainstream models for such questions: this model can explore heterogeneity of actors, consequences of imperfect expectations and investment behaviour outside of ideal conditions. |
| | |open_source_licensed=Yes | | |open_source_licensed=Yes |
| | |license=Apache License 2.0 (Apache-2.0) | | |license=Apache License 2.0 (Apache-2.0) |
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| | |computation_time_comments=Depends on the enabled modules | | |computation_time_comments=Depends on the enabled modules |
| | |citation_references=Richstein et al. 2014, Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach, Energy Policy Volume 71, August 2014, Pages 139–158 | | |citation_references=Richstein et al. 2014, Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach, Energy Policy Volume 71, August 2014, Pages 139–158 |
| − | |citation_doi=http://dx.doi.org/10.1016/j.enpol.2014.03.037 | + | |citation_doi=10.1016/j.enpol.2014.03.037 |
| | |example_research_questions=- What is the effect of carbon price caps? | | |example_research_questions=- What is the effect of carbon price caps? |
| | - How is the market stability reserve going to effect the EU ETS? | | - How is the market stability reserve going to effect the EU ETS? |
| | - What long-term effects does a capacity market have? | | - What long-term effects does a capacity market have? |
| | }} | | }} |
Richstein et al. 2014, Cross-border electricity market effects due to price caps in an emission trading system: An agent-based approach, Energy Policy Volume 71, August 2014, Pages 139–158
https://dx.doi.org/10.1016/j.enpol.2014.03.037
- What is the effect of carbon price caps?
- How is the market stability reserve going to effect the EU ETS?
- What long-term effects does a capacity market have?
