{"title":"论竞争性储能的效率","authors":"R. Schmalensee","doi":"10.2139/ssrn.3405058","DOIUrl":null,"url":null,"abstract":"When energy storage is employed to facilitate large-scale integration of intermittent renewable electricity generation, do competitive bulk power markets continue to provide incentives for efficient investment? This essay adds competitively-supplied storage to a Boiteux-Turvey model of an electric power system with two types of periods. In the most interesting, tractable cases of this dynamic model, all efficient points are long-run competitive equilibria, and the long-run equilibrium value of storage capacity minimizes expected system cost conditional on generation capacities. But the analysis here cannot rule out the existence of inefficient equilibria.","PeriodicalId":105811,"journal":{"name":"Econometric Modeling: Agriculture","volume":"36 4","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"7","resultStr":"{\"title\":\"On the Efficiency of Competitive Energy Storage\",\"authors\":\"R. Schmalensee\",\"doi\":\"10.2139/ssrn.3405058\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"When energy storage is employed to facilitate large-scale integration of intermittent renewable electricity generation, do competitive bulk power markets continue to provide incentives for efficient investment? This essay adds competitively-supplied storage to a Boiteux-Turvey model of an electric power system with two types of periods. In the most interesting, tractable cases of this dynamic model, all efficient points are long-run competitive equilibria, and the long-run equilibrium value of storage capacity minimizes expected system cost conditional on generation capacities. But the analysis here cannot rule out the existence of inefficient equilibria.\",\"PeriodicalId\":105811,\"journal\":{\"name\":\"Econometric Modeling: Agriculture\",\"volume\":\"36 4\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-06-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"7\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Econometric Modeling: Agriculture\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3405058\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Econometric Modeling: Agriculture","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3405058","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
When energy storage is employed to facilitate large-scale integration of intermittent renewable electricity generation, do competitive bulk power markets continue to provide incentives for efficient investment? This essay adds competitively-supplied storage to a Boiteux-Turvey model of an electric power system with two types of periods. In the most interesting, tractable cases of this dynamic model, all efficient points are long-run competitive equilibria, and the long-run equilibrium value of storage capacity minimizes expected system cost conditional on generation capacities. But the analysis here cannot rule out the existence of inefficient equilibria.
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