Arbeitspapier
Combining Energy Networks
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Working Paper Series ; No. 16/238
- Klassifikation
-
Wirtschaft
Electric Utilities
Gas Utilities; Pipelines; Water Utilities
Computational Techniques; Simulation Modeling
- Thema
-
Electricity network
Natural gas network
Europe
MCP
Energiemarkt
Erdgasmarkt
Stromnetz
Gasversorgung
Partielles Gleichgewicht
Europa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Abrell, Jan
Weigt, Hannes
- Ereignis
-
Veröffentlichung
- (wer)
-
ETH Zurich, CER-ETH - Center of Economic Research
- (wo)
-
Zurich
- (wann)
-
2016
- DOI
-
doi:10.3929/ethz-a-010611122
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Abrell, Jan
- Weigt, Hannes
- ETH Zurich, CER-ETH - Center of Economic Research
Entstanden
- 2016
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