Arbeitspapier
Scope of electricity efficiency improvement in Switzerland until 2035
This study uses Markowitz mean-variance portfolio theory with forecasted data for the years 2005 to 2035 to determine efficient electricity generating technology mixes for Switzerland. The SURE procedure has been applied to filter out the systematic components of the covariance matrix. Results indicate that risk-averse electricity users in 2035 gain in terms of higher expected return, less risk, more security of supply and a higher return-to-risk ratio compared to 2000 by adopting a feasible minimum variance (MV) technology mix containing 28 percent Gas, 20 percent Run of river, 13 percent Storage hydro, 9 percent Nuclear, and 5 percent each of Solar, Smallhydro, Wind, Biomass, Incineration, and Biogas respectively. However, this mix comes at the cost of higher CO2 emissions.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 0813
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Portfolio Choice; Investment Decisions
Energy: Other
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
- Thema
-
Efficiency Frontier
Herfindahl-Hirschman Index (HH)
Power Generation
Mean-Variance Portfolio Theory
Seemingly Unrelated Regression Estimations (SURE)
Shannon-Wiener Index (SW)
Energieversorgung
Technische Effizienz
Konzentrationsindex
Portfolio-Management
Schweiz
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Krey, Boris
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Socioeconomic Institute
- (wo)
-
Zurich
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Krey, Boris
- University of Zurich, Socioeconomic Institute
Entstanden
- 2008