Modernisation of existing and new construction of power plants in Germany: results of an optimisation model [An article from: Energy Economics] | ![Modernisation of existing and new construction of power plants in Germany: results of an optimisation model [An article from: Energy Economics]](http://ecx.images-amazon.com/images/I/51XE4H7KWXL._SL160_.jpg)
 enlarge | Author: H.g. Schwarz
Publisher: Elsevier
Category: Book
Buy New: $10.95
Format: Html
Media: Digital
Publication Date: January 1, 2005
Availability: Available for download now
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Product Description
This digital document is a journal article from Energy Economics, published by Elsevier in 2005. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
If the average lifetime of a power plant is assumed, as is commonly accepted, to be 30 to 35 years, then the German power plant inventory is outdated. In light of this, several studies have predicted a comprehensive conversion of the German power-generating industry within the next few years. It is the objective of this paper to verify this finding using an optimisation approach. Different policy scenarios are defined. The requirements are calculated for the future modernisation of existing and the new construction of conventional power plants in Germany, as well as the share of new and total capacity provided by various energy sources. The optimisation approach used considers the modernisation of old plants as an investment alternative to the construction of new plants. This fills the gap in existing power station models which do not consider plant modernisation. Estimates, depending on scenario assumptions, show that discrepancies between models that include plant modernisation and models that do not include it are considerable.
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