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Analysis and Modelling of the French Capacity Mechanism by Emil Kraft
Analysis and Modelling of the French Capacity Mechanism by Emil Kraft
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Analysis and Modelling of the French Capacity Mechanism

Impact Assessment of Energy Policy Measures on the Security of Supply
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Description

Emil Kraft analyses the French capacity remuneration mechanism design and develops a capacity market model that draws upon an agent-based simulation. The capacity mechanism was implemented to mitigate the imminent risk to the security of supply and to complement the electricity markets. The author applies his model to real data in three scenarios and assesses both the impact of the mechanism on the development of the French generation fleet until 2050 and the evolution of the capacity prices. The key conclusions consist of the effectiveness and the controllability of the implemented mechanism. As a complement to functioning electricity markets it is able to provide sufficient investment incentives and thus to guarantee the French security of supply in the future.

Author Biography:

Emil Kraft works as a research fellow at the Chair of Energy Economics at the Karlsruhe Institute of Technology (KIT) in the research group "Energy Markets and Energy System Analysis". His research focuses on future market design and the integration of renewable energies into the electricity markets and the future electricity system.
Release date Australia
November 22nd, 2017
Author
Audience
  • Professional & Vocational
Edition
1st ed. 2017
Illustrations
10 Illustrations, color; 16 Illustrations, black and white; XVII, 128 p. 26 illus., 10 illus. in color.
Pages
128
ISBN-13
9783658200923
Product ID
27240715

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