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Combining Energy Networks
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
 
ID 1408504
Author(s) Abrell, Jan; Weigt, Hannes
Author(s) at UniBasel Weigt, Hannes
Year 2012
Title Combining Energy Networks
Journal Networks and spatial economics
Volume 12
Number 3
Pages / Article-Number 377-401
Abstract

Electricity markets depend on upstream energy markets to supply the fuels needed for generation. Since these markets rely on networks, congestion in one can quickly produce changes in another. In this paper we develop a combined partial equilibrium market model which includes the interactions of natural gas and electricity networks. We apply the model to a stylized representation of Europe's electricity and natural gas markets to illustrate the upstream and downstream feedback effects which are not obvious on first sight. We find that both congestion and loop-flow effects in electricity markets impact prices and quantities in markets located far from the initial cause of the market changes.

Publisher Kluwer
ISSN/ISBN 1566-113X
edoc-URL http://edoc.unibas.ch/dok/A6043657
Full Text on edoc No
Digital Object Identifier DOI 10.1007/s11067-011-9160-0
ISI-Number WOS:000308244300003
Document type (ISI) Article
 
   

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