The Impact of Fuel and CO2 Prices on Electricity Power Plans
Isabel Soares and
European Research Studies Journal, 2012, vol. XV, issue 4, 31-46
The increasing uncertainty surrounding the electricity generating sector has implications on the forecasting accuracy and makes sensitivity analysis an essential tool for electricity power planning. The fuel price volatility and the emissions trading schemes represent major sources of uncertainty, as the relative economic interest of thermo power plants and of renewable energy sources largely depends on these two factors. In this paper, an electricity planning model will be used to analyse both these aspects, identifying the relative importance and sensitiveness of the optimal electricity power plans to changes on these parameters.
Keywords: Electricity planning; Uncertainty; Sensitivity analysis (search for similar items in EconPapers)
JEL-codes: Q41 Q42 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xv:y:2012:i:4:p:31-46
Access Statistics for this article
More articles in European Research Studies Journal from European Research Studies Journal
Series data maintained by Marios Agiomavritis ().