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RESEARCH PRODUCT

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

Dogan KelesElenora Riva SanseverinoFrancesco MontanaGiovanni Lorenzo RestifoMichele FiorelliGaetano Zizzo

subject

Control and OptimizationElectricity priceNatural resource economicsEconomics020209 energyEnergy Engineering and Power Technologydecarbonisation02 engineering and technology010501 environmental sciencesPrice variationlcsh:Technology01 natural sciencesPhase (combat)Price analysiscoal phase-out0202 electrical engineering electronic engineering information engineeringEconomicsddc:330Electricity marketelectricity priceElectrical and Electronic EngineeringCoal power plantEngineering (miscellaneous)0105 earth and related environmental sciencesElectricity spot pricelcsh:TRenewable Energy Sustainability and the Environmentprice analysisSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectricity generationItalyprice analysioptimization model and simulationEnergy (miscellaneous)generation adequacy

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

https://dx.doi.org/10.5445/ir/1000126920