Arbeitspapier
Modelling Start-Up Costs of Multiple Technologies in Electricity Markets
This paper analyzes the effects of start-up costs of different technologies in providing electricity power. We explicitly solve a simplified linear formulation of the dispatch problem. Transforming this primal problem, we show that dominated technologies should be used only in the case of limited availability of efficient technologies. Furthermore, we develop a 'pen and paper' algorithm to determine the optimal dispatch.
- Language
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Englisch
- Bibliographic citation
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Series: EWI Working Paper ; No. 06.1
- Classification
-
Wirtschaft
Optimization Techniques; Programming Models; Dynamic Analysis
Energy: Demand and Supply; Prices
- Subject
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Electricity Markets
Energy Modelling
- Event
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Geistige Schöpfung
- (who)
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Kuntz, Ludwig
Müsgens, Felix
- Event
-
Veröffentlichung
- (who)
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Institute of Energy Economics at the University of Cologne (EWI)
- (where)
-
Köln
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kuntz, Ludwig
- Müsgens, Felix
- Institute of Energy Economics at the University of Cologne (EWI)
Time of origin
- 2006
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