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Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market

Fiorelli, Michele; Keles, Dogan; Montana, Francesco; Restifo, Giovanni Lorenzo; Riva Sanseverino, Eleonora; Zizzo, Gaetano

Abstract:
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.

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Verlagsausgabe §
DOI: 10.5445/IR/1000126920
Veröffentlicht am 29.11.2020
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Publikationstyp Zeitschriftenaufsatz
Publikationsjahr 2020
Sprache Englisch
Identifikator ISSN: 1996-1073
KITopen-ID: 1000126920
Erschienen in Energies
Band 13
Heft 18
Seiten Art. Nr.: 4596
Vorab online veröffentlicht am 04.09.2020
Schlagwörter coal phase-out; decarbonisation, generation adequacy, optimization model and simulation, price analysis, electricity price, Italy
Nachgewiesen in Web of Science
Scopus
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