Power Shifts wiki - User contributions [en]

Not in my Backyard Response (NIMBY)

2017-05-18T12:14:36Z

Dimitris:

'''Not In My Backyard Response (NIMBY)''' – characterizes local opposition in response to proposals for e.g. new energy grids built close to people’s homes, such as windmills, transmission lines or pumped hydro-storage. Also commonly referred to in the media as a "nimby".

Related to the energy sector and the [[smart grid]] paradigm, nimby activism targets recently [[Renewable energy sources]] <ref name="Nimby1">“Not-In-My-Backyard” Activism Targets Renewables, [http://www.climatecentral.org/news/partner-news/the-new-look-of-nimby-ism]</ref> and especially wind energy infrastructure because of the increased impact on the landscape <ref name="Nimby2">Explaining NIMBY Opposition to Wind Power, [http://www.polsci.ucsb.edu/faculty/smith/wind.pdf]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Societal Dimension]]
[[Category:Lyon:LIBE]]

Not in my Backyard Response (NIMBY)

2017-05-18T12:13:57Z

Dimitris:

'''Not In My Backyard Response (NIMBY)''' – characterizes local opposition in response to proposals for e.g. new energy grids built close to people’s homes, such as windmills, transmission lines or pumped hydro-storage. Also commonly referred to in the media as a "nimby".

Related to the energy sector and the [[smart grid]] paradigm, nimby activism targets recently [[Renewable Energy Sources (RES)]] <ref name="Nimby1">“Not-In-My-Backyard” Activism Targets Renewables, [http://www.climatecentral.org/news/partner-news/the-new-look-of-nimby-ism]</ref> and especially wind energy infrastructure because of the increased impact on the landscape <ref name="Nimby2">Explaining NIMBY Opposition to Wind Power, [http://www.polsci.ucsb.edu/faculty/smith/wind.pdf]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Societal Dimension]]
[[Category:Lyon:LIBE]]

European Wind Energy Association

2017-05-18T11:35:15Z

Dimitris:

The '''European Wind Energy Association''' ('''EWEA''') is the greatest association in [[Wind Energy]] in Europe and worldwide. The EWEA is the voice of Wind Energy in Europe. It analyses, formulates and establishes policy positions for the wind industry and research institutions. The EWEA publishes reports and statistics as well as campaigns on issues important to the wind industry. Since 2016 EWEA proceeded to a rebranding and is called WindEurope
<ref name="EWEA">European Wind Energy Association, [https://windeurope.org/about-us/new-identity/]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Industry associations]]
[[Category:Lyon:ITRE III]]

Greenhouse gas emissions

2017-05-18T10:45:54Z

Dimitris:

'''Greenhouse gas emissions''' ('''GHG''') refer to gases polluting the environment, such as CO2 and methane. Around 10% of the GHG emitted worldwide in 2012 came from the EU. However, in 2014, greenhouse gas emissions in the EU-28 were down by 22.9 % compared with 1990 levels, representing a significant reduction, putting the EU on track to surpass its [[2020 climate and energy package]] targets, which is to reduce GHG emissions by 20 % by 2020 and by 40 % by 2030 compared with 1990 <ref name="GHG2">Eurostat:Greenhouse gas emission statistics
, [http://ec.europa.eu/eurostat/statistics-explained/index.php/Greenhouse_gas_emission_statistics]</ref>. Moreover, a surge in the use of [[Renewable energy sources (RES)]] helped Europe to cut its [[fossil fuels]] consumption and greenhouse gas emissions by about 10% in 2015 <ref name="GHG3">European Environment Agency: Renewable energy in Europe 2017: recent growth and knock-on effects
, [https://www.eea.europa.eu/publications/renewable-energy-in-europe-2017]</ref>.

Electricity and Heat Production (25% of 2010 global greenhouse gas emissions): The burning of coal, natural gas, and oil for electricity and heat is the largest single source of global greenhouse gas emissions.
Industry (21% of 2010 global greenhouse gas emissions): Greenhouse gas emissions from industry primarily involve [[fossil fuels]] burned on site at facilities for energy. This sector also includes emissions from chemical, metallurgical, and mineral transformation processes not associated with energy consumption and emissions from waste management activities <ref name="GHG1">Global Greenhouse Gas Emissions Data, [https://www.epa.gov/ghgemissions/global-greenhouse-gas-emissions-data]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Lyon:ENVI]]

Greenhouse gas emissions

2017-05-18T10:45:28Z

Dimitris:

'''Greenhouse gas emissions''' ('''GHG''') refer to gases polluting the environment, such as CO_2 and methane. Around 10% of the GHG emitted worldwide in 2012 came from the EU. However, in 2014, greenhouse gas emissions in the EU-28 were down by 22.9 % compared with 1990 levels, representing a significant reduction, putting the EU on track to surpass its [[2020 climate and energy package]] targets, which is to reduce GHG emissions by 20 % by 2020 and by 40 % by 2030 compared with 1990 <ref name="GHG2">Eurostat:Greenhouse gas emission statistics
, [http://ec.europa.eu/eurostat/statistics-explained/index.php/Greenhouse_gas_emission_statistics]</ref>. Moreover, a surge in the use of [[Renewable energy sources (RES)]] helped Europe to cut its [[fossil fuels]] consumption and greenhouse gas emissions by about 10% in 2015 <ref name="GHG3">European Environment Agency: Renewable energy in Europe 2017: recent growth and knock-on effects
, [https://www.eea.europa.eu/publications/renewable-energy-in-europe-2017]</ref>.

Electricity and Heat Production (25% of 2010 global greenhouse gas emissions): The burning of coal, natural gas, and oil for electricity and heat is the largest single source of global greenhouse gas emissions.
Industry (21% of 2010 global greenhouse gas emissions): Greenhouse gas emissions from industry primarily involve [[fossil fuels]] burned on site at facilities for energy. This sector also includes emissions from chemical, metallurgical, and mineral transformation processes not associated with energy consumption and emissions from waste management activities <ref name="GHG1">Global Greenhouse Gas Emissions Data, [https://www.epa.gov/ghgemissions/global-greenhouse-gas-emissions-data]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Lyon:ENVI]]

Horizon 2020 work programme

2017-05-18T10:31:17Z

Dimitris:

'''Horizon 2020''' is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market <ref name="Horizon">What is Horizon 2020?, [https://ec.europa.eu/programmes/horizon2020/en/what-horizon-2020]</ref>.

The Horizon 2020 programme is a European multi-year Framework, which aims to:
* reduce energy consumption and [[greenhouse gas emissions]] by means of the intelligent and sustainable use of energy
* produce electricity at low cost and low emission
* research mobile energy resources and alternative fuels
* set up a unique European electricity [[smart grid]]
* invent new greener technologies
* adopt energy innovation

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:EU energy policy]]
[[Category:Lyon:ITRE I]]

Horizon 2020 work programme

2017-05-18T10:30:24Z

Dimitris:

'''Horizon 2020''' is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market <ref name="Horizon">What is Horizon 2020?, [https://ec.europa.eu/programmes/horizon2020/en/what-horizon-2020]</ref>.

The Horizon 2020 programme is a European multi-year Framework, which aims to:
* reduce energy consumption and [[greenhouse gas emissions]] by means of the intelligent and sustainable use of energy
* produce electricity at low cost and low emission
* research mobile energy resources and alternative fuels
* set up a unique European electricity [[smart grid]]
* invent new greener technologies
* adopt energy innovation

<references />

[[Category:Lyon Prep Kit]]
[[Category:EU energy policy]]
[[Category:Lyon:ITRE I]]

Small and medium-sized Enterprizes (SME)

2017-05-18T10:20:14Z

Dimitris:

'''Small and Medium Enterprises''' ('''SMEs'''), who account for 99% of the market, are represented through SME associations. SMEs are responsible for a substantial part of the energy consumption via the buildings they utilise.

Another [[smart grid]] potential application in community level is the operation of small and medium enterprises (SMEs), which have multiple operational characteristics ranging from office buildings, retail, industrial, etc. and different energy patterns and needs <ref name="SME1">The role of smart grids in the building sector, [http://www.sciencedirect.com/science/article/pii/S0378778815005447]</ref>. Though the potential for carbon reduction of SMEs is unclear due to the diversity of the end uses, smart grids can be a viable tool for SMEs decarbonization since additional data can be available through [[smart meters]].

Small and medium sized enterprises (SMEs) are significant energy users although many are unregulated by existing policies due to their low carbon emissions. Carbon reduction is often not a priority but smart grids may create a new opportunity <ref name="SME2">Do smart grids offer a new incentive for SME carbon reduction?, [http://www.sciencedirect.com/science/article/pii/S2210670713000280]</ref>.

<references />

[[Category:Lyon Prep Kit]]
[[Category:Private Sector]]
[[Category:Lyon:ECON I]]
[[Category:Lyon:ENVI]]

Small and medium-sized Enterprizes (SME)

2017-05-18T10:19:48Z

Dimitris:

'''Small and Medium Enterprises''' ('''SMEs'''), who account for 99% of the market, are represented through SME associations. SMEs are responsible for a substantial part of the energy consumption via the buildings they utilise.

Another [[smart grid]] potential application in community level is the operation of small and medium enterprises (SMEs), which have multiple operational characteristics ranging from office buildings, retail, industrial, etc. and different energy patterns and needs <ref name="SME1">The role of smart grids in the building sector, [http://www.sciencedirect.com/science/article/pii/S0378778815005447]</ref>. Though the potential for carbon reduction of SMEs is unclear due to the diversity of the end uses, smart grids can be a viable tool for SMEs decarbonization since additional data can be available [[through smart meters]].

Small and medium sized enterprises (SMEs) are significant energy users although many are unregulated by existing policies due to their low carbon emissions. Carbon reduction is often not a priority but smart grids may create a new opportunity <ref name="SME2">Do smart grids offer a new incentive for SME carbon reduction?, [http://www.sciencedirect.com/science/article/pii/S2210670713000280]</ref>.

<references />

[[Category:Lyon Prep Kit]]
[[Category:Private Sector]]
[[Category:Lyon:ECON I]]
[[Category:Lyon:ENVI]]

Security of Gas Supply Regulation

2017-05-15T09:28:53Z

Dimitris: Dimitris moved page Regulation 994/2010 to Security of Gas Supply Regulation

Regulation of the European Parliament and the Council outlining problems regarding gas supply security and establishing a framework for solidarity among member states in times of gas shortages. It emphasises risk assessment, preventive action and emergency plan for each member state with coordination on EU level.
Infrastructure standards were trying to insure proper storage facilities and reverse flow pipelines while supply standards dictate that member states should hold emergency supplies for 30 day of shortage.
Gas Coordination Group, consisting of member states representatives, was established to assist the Commission on the EU wide coordination.

[[Category:Warsaw:ITRE II]]

Regulation 994/2010

2017-05-15T09:28:53Z

Dimitris: Dimitris moved page Regulation 994/2010 to Security of Gas Supply Regulation

#REDIRECT [[Security of Gas Supply Regulation]]

Security of Gas Supply Regulation

2017-05-15T09:26:50Z

Dimitris: Dimitris moved page Regulation 994/2010 to Security of Gas Suuply Regulation

Gazprom

2017-05-15T09:09:27Z

Dimitris:

'''Public Joint Stock Company Gazprom''' is the largest extractor of [[natural gas]] in the world.

'''Gazprom''' is a global energy company focused on geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel, as well as generation and marketing of heat and electric power <ref name="IEA">Gazprom, [http://www.gazprom.com/]</ref>.

'''Gazprom''' holds the world’s largest natural gas reserves. Its share in the global and Russian gas reserves amounts to 17% and 72%, respectively. Gazprom accounts for 11% and 66% of the global and national gas output correspondingly.

The company is a shared enterprise where 50.23% of shares are owned by the Russian government. The company is obliged to respects contractual commitments and obligations, strive to ensure sustainable energy supply to its partners and prevents any potential cut offs to consumers.

While technically a private company, the majority stake owned by the Russian government does not preclude Gazprom to act in the interest of the Public Sector actor Russian Federation.

{{Reference}}

[[Category:Lyon Prep Kit]]
[[Category:Private Sector]] [[Category:Lyon:AFET]]

Demand response

2017-04-04T10:28:46Z

Dimitris:

'''[[Demand response]]''' ('''DR''') is defined as “Changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized” according to the Federal Energy Regulatory Commission <ref>Federal Energy Regulatory Commission [https://www.ferc.gov/]</ref>. DR includes all intentional modifications to consumption patterns of electricity to induce customers that are intended to alter the timing, level of instantaneous demand, or the total electricity consumption <ref>Demand Response in Electricity Markets: An Overview [http://ieeexplore.ieee.org/document/4275494/]</ref>. It is expected that demand response programs will be designed to decrease electricity consumption, improve [[energy efficiency]] or shift it from on-peak to off-peak periods depending on consumers’ preferences and lifestyles. Demand Response can be defined as "a wide range of actions which can be taken at the customer side of the electricity meter in response to particular conditions within the electricity system (such as peak period network congestion or high prices)" <ref>Cassandra FP-7 Project [http://www.cassandra-fp7.eu/]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Technological Dimension]]
[[Category:Lyon:ITRE III]]

Demand response

2017-04-04T10:28:31Z

Dimitris:

'''[[demand response]]''' ('''DR''') is defined as “Changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized” according to the Federal Energy Regulatory Commission <ref>Federal Energy Regulatory Commission [https://www.ferc.gov/]</ref>. DR includes all intentional modifications to consumption patterns of electricity to induce customers that are intended to alter the timing, level of instantaneous demand, or the total electricity consumption <ref>Demand Response in Electricity Markets: An Overview [http://ieeexplore.ieee.org/document/4275494/]</ref>. It is expected that demand response programs will be designed to decrease electricity consumption, improve [[energy efficiency]] or shift it from on-peak to off-peak periods depending on consumers’ preferences and lifestyles. Demand Response can be defined as "a wide range of actions which can be taken at the customer side of the electricity meter in response to particular conditions within the electricity system (such as peak period network congestion or high prices)" <ref>Cassandra FP-7 Project [http://www.cassandra-fp7.eu/]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Technological Dimension]]
[[Category:Lyon:ITRE III]]

Demand response

2017-04-04T10:27:37Z

Dimitris:

'''[[demand response]]''' ('''DR''') is defined as “Changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized” according to the Federal Energy Regulatory Commission <ref>Federal Energy Regulatory Commission [https://www.ferc.gov/]</ref>. DR includes all intentional modifications to consumption patterns of electricity to induce customers that are intended to alter the timing, level of instantaneous demand, or the total electricity consumption <ref>Demand Response in Electricity Markets: An Overview [http://ieeexplore.ieee.org/document/4275494/]</ref>. It is expected that demand response programs will be designed to decrease electricity consumption or shift it from on-peak to off-peak periods depending on consumers’ preferences and lifestyles. Demand Response can be defined as "a wide range of actions which can be taken at the customer side of the electricity meter in response to particular conditions within the electricity system (such as peak period network congestion or high prices)" <ref>Cassandra FP-7 Project [http://www.cassandra-fp7.eu/]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Technological Dimension]]
[[Category:Lyon:ITRE III]]

Demand response

2017-04-04T10:26:13Z

Dimitris: Dimitris moved page Demand Response to Demand response

According to the Federal Energy Regulatory Commission <ref>Federal Energy Regulatory Commission [https://www.ferc.gov/]</ref>, '''demand response''' ('''DR''') is defined as “Changes in electric usage by end-use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized.” DR includes all intentional modifications to consumption patterns of electricity to induce customers that are intended to alter the timing, level of instantaneous demand, or the total electricity consumption <ref>Demand Response in Electricity Markets: An Overview [http://ieeexplore.ieee.org/document/4275494/]</ref>. It is expected that demand response programs will be designed to decrease electricity consumption or shift it from on-peak to off-peak periods depending on consumers’ preferences and lifestyles. Demand Response can be defined as "a wide range of actions which can be taken at the customer side of the electricity meter in response to particular conditions within the electricity system (such as peak period network congestion or high prices)" <ref>Cassandra FP-7 Project [http://www.cassandra-fp7.eu/]</ref>.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Technological Dimension]]
[[Category:Lyon:ITRE III]]

Demand Response

2017-04-04T10:26:13Z

Dimitris: Dimitris moved page Demand Response to Demand response

#REDIRECT [[Demand response]]

Demand response

2017-04-04T10:24:32Z

Dimitris:

Connecting Europe Facility

2017-04-04T10:11:50Z

Dimitris:

'''Connecting Europe Facility''' ('''CEF''') <ref>Connecting Europe Facility [https://ec.europa.eu/digital-single-market/en/connecting-europe-facility]</ref> is a funding programme that provides grants for [[projects of common interest]], key infrastructure projects, which will help [[Member States]] integrate their energy markets. Introduced by the [[European Commission]], the CEF is equipped with €50bn for the 2014-2020 period.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:EU energy policy]]
[[Category:Lyon:ECON II]]

Connecting Europe Facility

2017-04-04T10:08:24Z

Dimitris:

'''Connecting Europe Facility''' ('''CEF''') is a funding programme that provides grants for “projects of common interest,” key infrastructure projects, which will help Member States integrate their energy markets. Introduced by the European Commission, the CEF is equipped with €50bn for the 2014-2020 period.

[[Category:Lyon Prep Kit]]
[[Category:EU energy policy]]
[[Category:Lyon:ECON II]]

Common Foreign and Security Policy

2017-04-04T10:06:12Z

Dimitris:

The '''Common Foreign and Security Policy''' ('''CFSP''') <ref> The EU’s Foreign and Security Policy explained [https://europa.eu/european-union/topics/foreign-security-policy_en]</ref> has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on [[Category:Policies of the European Union|EU policy]] towards third countries on specific [[Human Rights|human rights]] themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[[Category:Policies of the European Union]]

Common Foreign and Security Policy

2017-04-04T10:05:08Z

Dimitris:

The '''Common Foreign and Security Policy ('''CFSP''') <ref> The EU’s Foreign and Security Policy explained [https://europa.eu/european-union/topics/foreign-security-policy_en]</ref> has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on [[Category:Policies of the European Union|EU policy]] towards third countries on specific [[Human Rights|human rights]] themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[[Category:Policies of the European Union]]

Common Foreign and Security Policy

2017-04-04T10:02:37Z

Dimitris:

The '''Common Foreign and Security Policy ('''CFSP''') <ref> The EU’s Foreign and Security Policy explained [https://europa.eu/european-union/topics/foreign-security-policy_en]</ref> has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on EU policy towards third countries on specific human rights themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[[Category:Policies of the European Union]]

Common Foreign and Security Policy

2017-04-04T10:02:02Z

Dimitris:

The '''Common Foreign and Security Policy ('''CFSP''') <ref name="The EU’s Foreign and Security Policy explained"> [https://europa.eu/european-union/topics/foreign-security-policy_en]</ref> has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on EU policy towards third countries on specific human rights themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[[Category:Policies of the European Union]]

Common Foreign and Security Policy

2017-04-04T10:01:27Z

Dimitris:

The '''Common Foreign and Security Policy ('''CFSP''') <ref name="IEA"> [https://europa.eu/european-union/topics/foreign-security-policy_en]</ref> has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on EU policy towards third countries on specific human rights themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[https://europa.eu/european-union/topics/foreign-security-policy_en The EU’s Foreign and Security Policy explained] 
[[Category:Policies of the European Union]]

Common Foreign and Security Policy

2017-04-04T09:46:49Z

Dimitris:

The '''Common Foreign and Security Policy ('''CFSP''') has a range of tools that can be used to promote human rights and democratisation:

• Common Strategies, common positions and joint actions 

• Démarches and declarations 

• Dialogue and consultations with third countries 

• Guidelines on EU policy towards third countries on specific human rights themes 

The Policy has developed gradually over many years, enables the EU to speak and act as one in world affairs. 
Acting together gives the EU's 28 members far greater clout than they would have if each pursued its own policies.

==Links for further research==
<references />

[https://europa.eu/european-union/topics/foreign-security-policy_en The EU’s Foreign and Security Policy explained] 
[[Category:Policies of the European Union]]

Capacity market

2017-04-04T09:44:51Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open <ref>PJM Energy Market [https://learn.pjm.com/three-priorities/buying-and-selling-energy/capacity-markets.aspx]</ref>. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions <ref>Direct Energy Business [https://business.directenergy.com/understanding-energy/managing-energy-costs/deregulation-and-energy-pricing/capacity-markets]</ref>. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:43:55Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open <ref>PJM Energy Market [https://learn.pjm.com/three-priorities/buying-and-selling-energy/capacity-markets.aspx]</ref>. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:43:34Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open <ref name="PJM Energy Market"> [https://learn.pjm.com/three-priorities/buying-and-selling-energy/capacity-markets.aspx]</ref>. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:41:17Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open <ref name="PJM">PJM, [https://learn.pjm.com/three-priorities/buying-and-selling-energy/capacity-markets.aspx]</ref>. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

==Links for further research==
<references />

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:40:16Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open <ref name="PJM">PJM, [https://learn.pjm.com/three-priorities/buying-and-selling-energy/capacity-markets.aspx]</ref>. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:37:51Z

Dimitris:

A [[capacity market]] is a market scheme rewarding power generators for their potential to produce output when needed. It is designed to ensure sufficient reliable power capacity is available by providing payments to encourage investment in new capacity or for existing capacity to remain open. Capacity represents the need to have adequate generating resources to ensure that the demand for electricity can be met at all times. In a capacity market the utility or other electricity supplier are required to have enough resources to meet its customers’ demand plus a reserve amount. Suppliers can meet that requirement with generating capacity they own, with capacity purchased from others under contract, or with capacity obtained through market auctions. Capacity markets are the firing line for the electricity system of the future, because they direct and encourage investments in different kinds of assets, whether that is [[Renewable energy sources|clean energy]], fossil fuels, or demand side resources.

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity market

2017-04-04T09:35:20Z

Dimitris: Dimitris moved page Capacity Market to Capacity market

A market scheme rewarding power generators for their potential to produce output when needed (and not only pay for actually produced power) to give incentives for otherwise unprofitable, though needed, power plants to be maintained operational.

[[Category:Lyon Prep Kit]]
[[Category:Economic Dimension]]
[[Category:Societal Dimension]]
[[Category:Lyon:ECON II]]

Capacity Market

2017-04-04T09:35:20Z

Dimitris: Dimitris moved page Capacity Market to Capacity market

#REDIRECT [[Capacity market]]

User:Dimitris

2017-04-04T09:01:40Z

Dimitris: Created page with "Hello Dimitris"

Hello [[Smart Meters|Dimitris]]