IEEE PES ESPAÑA | [Webinar(2º) 16.05.2024] | An assessment of the Iberian Exception to control electricity prices
IEEE PES ESPAÑA | [Webinar(2º) 16.05.2024] | THE ENERGY TRANSITION | Towards a DECARBONIZED ENERGY | An assessment of the Iberian Exception to control electricity prices
Estimados Miembros del Capítulo IEEE PES ESPAÑA y de la comunidad de sistemas eléctricos de potencia,
Dear IEEE PES Spain Members and Colleagues from power and energy community,
Continuing with the [Webinar] series on the topic
LA TRANSICIÓN ENERGETICA | Hacia una ECONOMIA DESCARBONIZADA
THE ENERGY TRANSITION | Towards a DECARBONIZED ECONOMY
The energy transition towards a decarbonized economy will present a relevant challenge and a crucial transformation faced by our Society; Decelerating climate change effects is becoming a moral commitment.
As a society, we are part of the decarbonized energy process that goes through the electrification of the economy and it is supported by renewables within a sustainable energy model.
This means a change of paradigm which heads towards an immediate exciting future full of challenges at all levels associated with flexibility in its widest conception. It is assumed that a change of paradigm, that requires changing the focus from active based asset management towards the digitalization that ensures resiliency and security for the future electric systems.
In this context, we need to contribute and stimulate the exchange of ideas from different perspectives and experiences, creating a framework of reflection through these series of webinars. The expected benefit and impact is the identification of opportunities within the complexity associated with the change of paradigm.
In this [Webinar] Tomás Gómez and Pedro Linares (Universidad Pontificia Comillas) will share with us their assessment of the Iberian Exception to control electricity prices.
Title: An assessment of the Iberian Exception to control electricity prices
Content: The Iberian Exception, the mechanism designed by the Spanish and Portuguese governments to address high electricity prices resulting from the gas price crisis in 2021 and 2022, has been met with controversy, both regarding its real impact on electricity prices and also its unintended consequences, such as increased (and subsidized) exports to France. In this paper we review the evidence on these impacts from different studies, concluding that the mechanism may have produced, depending on the assumptions, some reductions in electricity prices for Iberian consumers or none at all, but always at the expense of subsidies to French consumers and also increased rents for gas combined cycles, higher gas consumption, and larger CO2 emissions. Alternative mechanisms, such as a temporary single-buyer scheme, might have produced similar benefits without the downsides of the Exception.
Speakers: Tomás Gómez and Pedro Linareas (Universidad Pontificia Comillas)
Date: May 16, 2024
Time: 18:00 - 20:00 (CET)
Language: Spanish
Participation in these [Webinars] is open to everyone, including both PES Members and non-Members. However, REGISTRATION is necessary in order to receive the [Webinar] access link and URL to WebEx. The Connection link to this [Webinar(2º) 16.05.2024] will be sent to the registrants by e-mail on the event day at 11:30 (CET).
The Registration closes at 11:30 (CET) on May 16, 2024. The direct access to the REGISTRATION is at
https://events.vtools.ieee.org/event/register/418724
For further information:
[Webinar(2º) 16.05.2024]: https://events.vtools.ieee.org/m/418724
The IEEE PES ESPAÑA System issues participation certificates in these [Webinars] to the attendees under request. The necessary condition for the System to issue the certificate is that the attendee must participate with at least one voice question during the question time.
Looking forward to seeing you.
Kind regards,
Lukas Sigrist
IEEE PES Spain Chapter, Treasurer
E-mail: lsigrist@comillas.edu
https://www.iit.comillas.edu/personas/lsigrist
http://www.ewh.ieee.org/soc/pes/spain/
Date and Time
Location
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Registration
- Date: 16 May 2024
- Time: 06:00 PM to 08:00 PM
- All times are (UTC+02:00) Madrid
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- Starts 25 April 2024 06:00 PM
- Ends 16 May 2024 11:30 AM
- All times are (UTC+02:00) Madrid
- No Admission Charge
Speakers
Tomás Gómez
An assessment of the Iberian Exception to control electricity prices
Biography:
Tomás Gómez San Román is a professor of Electrical Engineering at the Engineering School of Universidad Pontificia Comillas in Madrid, Spain.
He obtained the Degree of Doctor Ingeniero Industrial from Universidad Politécnica, Madrid, in 1989, and the Degree of Ingeniero Industrial in Electrical Engineering from Comillas in 1982. He joined the Institute for Research in Technology (IIT) in 1984. He has served as Director of IIT, and Vice-Rector of Research, Development, and Innovation of Comillas.
Prof. Gómez has a large experience in industry joint research projects in the field of Electric Energy Systems in collaboration with Spanish, Latin American, and European institutions. He has been project manager and/or principal investigator in more than 80 research projects.
His areas of interest are operation and planning of transmission and distribution systems, power quality assessment and regulation, and economic and regulatory issues in the electrical power sector. He has published more than 100 articles in different specialized magazines such as IEEE PES Transactions and Conference proceedings, and has co-authored the book «Electricity Economics: Regulation and Deregulation» in Wiley-IEEE Press.
He is a senior member of IEEE. He is president of the Council of the Power System Computation Conference and belongs or has belonged to the Technical Committees of other Conferences: Probabilistic Methods Applied to Power Systems and IEEE Power Tech.
He has been visiting researcher at the Energy Analysis Department of the Lawrence Berkeley National Laboratory in California. From May 2011 to October 2013 he served as commissioner at the Spanish Energy Regulatory Commission (CNE).
Email:
Address:Spain
Pedro Linares
An assessment of the Iberian Exception to control electricity prices
Biography:
Pedro Linares is Professor of Industrial Engineering of the ICAI School of Engineering, Director of the BP Chair on Energy and Sustainability, and co-founder and Director of Economics for Energy. He is also a researcher at the Institute for Technology Research (IIT) and Affiliate Researcher at the MIT CEEPR.
Currently he serves as Director of the International Doctoral School of Comillas Pontifical University.
Regarding his teaching and research, he would define himself as a jack of all trades (accepting of course the downside of it). Pedro Linares is interested in many topics, most of them connected by a broad idea of sustainability, understood as an integral concept that encompasses economics, the environment, social capital, innovation, and justice. He mostly devotes my research to study the relationship between energy, economics and environment, and specifically sustainable energy policy, energy efficiency, and energy models; but he is also interested in decision making (in particular multiple criteria decision methods), social justice, higher education policy, and some others. He has published about most of these issues in the usual journals relevant in the field.
He has also been a consultant for several private and public firms and institutions in Spain, Europe and Latin America.
Email:
Address:Spain