Resource title

Modelling Start-Up Costs of Multiple Technologies in Electricity Markets

Resource image

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Resource description

This paper analyzes the effects of start-up costs of different technologies in providing electricity power. We explicitly solve a simplified linear formulation of the dispatch problem. Transforming this primal problem, we show that dominated technologies should be used only in the case of limited availability of efficient technologies. Furthermore, we develop a 'pen and paper' algorithm to determine the optimal dispatch.

Resource author

Ludwig Kuntz, Felix Müsgens

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/23156

Resource license

Adapt according to the presented license agreement and reference the original author.