Scenario outlook and adequacy forecast in bipolar power systems : the impact of a climate target
Type de matériel :
TexteLangue : français Détails de publication : 2015.
Sujet(s) : Ressources en ligne : Abrégé : This paper examines the topic of future generation adequacy in Belgium and scrutinizes not only its evolution under unchanged policy (in a first scenario) but also the impact of imposing more stringent greenhouse gas emission reduction targets on the energy system (in a second scenario). The article focuses on three research questions : whether these two scenarios will meet ENTSO-E’s deterministic definition of generation adequacy under normal conditions ; what this induces in terms of investment expenditures ; and if the energy-only market will suffice in triggering this amount of investment. JEL codes – D43, L94, L98, Q47, Q48
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This paper examines the topic of future generation adequacy in Belgium and scrutinizes not only its evolution under unchanged policy (in a first scenario) but also the impact of imposing more stringent greenhouse gas emission reduction targets on the energy system (in a second scenario). The article focuses on three research questions : whether these two scenarios will meet ENTSO-E’s deterministic definition of generation adequacy under normal conditions ; what this induces in terms of investment expenditures ; and if the energy-only market will suffice in triggering this amount of investment. JEL codes – D43, L94, L98, Q47, Q48
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