Shadow prices for heat generation in time-dependent and dynamic energy systems

M. Andersson

Energy, 1994, vol. 19, issue 12, 1205-1211

Abstract: Shadow prices for heat generation are used to study the impact of changes in heat demand on the total system cost of an existing district-heating system in Sweden. The energy system may be considered to be both dynamic, because there is energy storage, and time-dependent since the electricity tariff is time-differentiated and the heat demand varies over the year and day. The energy system has been analysed with and without energy storage. The analysis shows that despite a reduction in system cost, the use of energy storage can result in higher shadow prices for heat generation in some time periods.

Date: 1994
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:19:y:1994:i:12:p:1205-1211

DOI: 10.1016/0360-5442(94)90022-1

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