Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market
Although decarbonisation is one of the most important macro-trends of this century, electricity generation from coal power plants is still broadly common. The main goal of this study is to evaluate the impact of a premature coal power plants phase-out on the Italian day-ahead electricity market. For...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-09-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/13/18/4596 |
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| author | Michele Fiorelli Dogan Keles Francesco Montana Giovanni Lorenzo Restifo Eleonora Riva Sanseverino Gaetano Zizzo |
| author_facet | Michele Fiorelli Dogan Keles Francesco Montana Giovanni Lorenzo Restifo Eleonora Riva Sanseverino Gaetano Zizzo |
| author_sort | Michele Fiorelli |
| collection | DOAJ |
| description | Although decarbonisation is one of the most important macro-trends of this century, electricity generation from coal power plants is still broadly common. The main goal of this study is to evaluate the impact of a premature coal power plants phase-out on the Italian day-ahead electricity market. For this purpose, two electricity price forecasts, related to different scenarios between 2019 and 2030, and two different hypotheses for the creation of electricity spot price, were compared. The results from the different scenarios show that coal power plants phase-out determines a small variation in electricity price when bid-up is not considered; instead, when operators’ bid-up is included in the study, the price variation becomes relevant. |
| first_indexed | 2024-03-10T16:35:08Z |
| format | Article |
| id | doaj.art-accb3e279c2744dc9644194198e62e62 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T16:35:08Z |
| publishDate | 2020-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-accb3e279c2744dc9644194198e62e622023-11-20T12:33:54ZengMDPI AGEnergies1996-10732020-09-011318459610.3390/en13184596Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity MarketMichele Fiorelli0Dogan Keles1Francesco Montana2Giovanni Lorenzo Restifo3Eleonora Riva Sanseverino4Gaetano Zizzo5EP Produzione, 00187 Rome, ItalyInstitute for Industrial Production, Karlsruhe Institute of Technology, 76131 Karlsruhe, GermanyDepartment of Engineering, University of Palermo, 90133 Palermo, ItalyDepartment of Engineering, University of Palermo, 90133 Palermo, ItalyDepartment of Engineering, University of Palermo, 90133 Palermo, ItalyDepartment of Engineering, University of Palermo, 90133 Palermo, ItalyAlthough decarbonisation is one of the most important macro-trends of this century, electricity generation from coal power plants is still broadly common. The main goal of this study is to evaluate the impact of a premature coal power plants phase-out on the Italian day-ahead electricity market. For this purpose, two electricity price forecasts, related to different scenarios between 2019 and 2030, and two different hypotheses for the creation of electricity spot price, were compared. The results from the different scenarios show that coal power plants phase-out determines a small variation in electricity price when bid-up is not considered; instead, when operators’ bid-up is included in the study, the price variation becomes relevant.https://www.mdpi.com/1996-1073/13/18/4596coal phase-outdecarbonisationgeneration adequacyoptimization model and simulationprice analysiselectricity price |
| spellingShingle | Michele Fiorelli Dogan Keles Francesco Montana Giovanni Lorenzo Restifo Eleonora Riva Sanseverino Gaetano Zizzo Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market Energies coal phase-out decarbonisation generation adequacy optimization model and simulation price analysis electricity price |
| title | Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market |
| title_full | Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market |
| title_fullStr | Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market |
| title_full_unstemmed | Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market |
| title_short | Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market |
| title_sort | evaluation of the administrative phase out of coal power plants on the italian electricity market |
| topic | coal phase-out decarbonisation generation adequacy optimization model and simulation price analysis electricity price |
| url | https://www.mdpi.com/1996-1073/13/18/4596 |
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