LAPSE:2023.26230
Published Article

LAPSE:2023.26230
Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market
April 3, 2023
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.
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.
Record ID
Keywords
coal phase-out, decarbonisation, electricity price, generation adequacy, Italy, optimization model and simulation, price analysis
Subject
Suggested Citation
Fiorelli M, Keles D, Montana F, Restifo GL, Riva Sanseverino E, Zizzo G. Evaluation of the Administrative Phase-Out of Coal Power Plants on the Italian Electricity Market. (2023). LAPSE:2023.26230
Author Affiliations
Fiorelli M: EP Produzione, 00187 Rome, Italy
Keles D: Institute for Industrial Production, Karlsruhe Institute of Technology, 76131 Karlsruhe, Germany
Montana F: Department of Engineering, University of Palermo, 90133 Palermo, Italy [ORCID]
Restifo GL: Department of Engineering, University of Palermo, 90133 Palermo, Italy
Riva Sanseverino E: Department of Engineering, University of Palermo, 90133 Palermo, Italy
Zizzo G: Department of Engineering, University of Palermo, 90133 Palermo, Italy [ORCID]
Keles D: Institute for Industrial Production, Karlsruhe Institute of Technology, 76131 Karlsruhe, Germany
Montana F: Department of Engineering, University of Palermo, 90133 Palermo, Italy [ORCID]
Restifo GL: Department of Engineering, University of Palermo, 90133 Palermo, Italy
Riva Sanseverino E: Department of Engineering, University of Palermo, 90133 Palermo, Italy
Zizzo G: Department of Engineering, University of Palermo, 90133 Palermo, Italy [ORCID]
Journal Name
Energies
Volume
13
Issue
18
Article Number
E4596
Year
2020
Publication Date
2020-09-04
ISSN
1996-1073
Version Comments
Original Submission
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PII: en13184596, Publication Type: Journal Article
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LAPSE:2023.26230
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https://doi.org/10.3390/en13184596
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