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163: Zoo Zoo Zoo [] 2024/10/07() 04:56:00.53 ID:2xVlcplZ0 Once the specificities of wind power installed capacity have been clarified, two possible options arise to analyse this issue: (i) focus on the share of installed wind capacity, which is effectively used (capacity factor); and (ii) focus on the share of installed wind capacity, which is idle. Unlike other authors, such as Boccard [2] and Yang et al. [3], who follow option (i), our insight was towards option (ii). The motivations for this choice are threefold. First, the paper is focused on explaining the installed capacity in wind power that is not actually used. As such, it seems to us appropriate to work upon idle capacity instead of upon the capacity that is really used Second, for the policymakers guidance is more attractive in order to understand the factors that are enhancing idle capacity so that it can be avoided. Third, from the economic point of view, economic inefficiency concerns, i.e. the opportunity cost of investments. These investments are not even used over long periods. This in- efficiency should be reduced or even eliminated. As stated above, the planned excess capacity is a well-known practice of strategic behaviour within the markets, which is vastly studied in the context of industrial economics. But the excess capacity is also economically inefficient. This inefficiency is of particular concern incapital intensive industries such as wind power, where the majority of costs are capital costs. In short, our option brings more read- ability to the results and enriches the debate and discussion. http://kizuna.5ch.net/test/read.cgi/zoo/1718664485/163
164: Zoo Zoo Zoo [] 2024/10/07() 04:56:07.17 ID:2xVlcplZ0 Once the specificities of wind power installed capacity have been clarified, two possible options arise to analyse this issue: (i) focus on the share of installed wind capacity, which is effectively used (capacity factor); and (ii) focus on the share of installed wind capacity, which is idle. Unlike other authors, such as Boccard [2] and Yang et al. [3], who follow option (i), our insight was towards option (ii). The motivations for this choice are threefold. First, the paper is focused on explaining the installed capacity in wind power that is not actually used. As such, it seems to us appropriate to work upon idle capacity instead of upon the capacity that is really used Second, for the policymakers guidance is more attractive in order to understand the factors that are enhancing idle capacity so that it can be avoided. Third, from the economic point of view, economic inefficiency concerns, i.e. the opportunity cost of investments. These investments are not even used over long periods. This in- efficiency should be reduced or even eliminated. As stated above, the planned excess capacity is a well-known practice of strategic behaviour within the markets, which is vastly studied in the context of industrial economics. But the excess capacity is also economically inefficient. This inefficiency is of particular concern incapital intensive industries such as wind power, where the majority of costs are capital costs. In short, our option brings more read- ability to the results and enriches the debate and discussion. http://kizuna.5ch.net/test/read.cgi/zoo/1718664485/164
165: Zoo Zoo Zoo [] 2024/10/07() 04:56:16.30 ID:2xVlcplZ0 Once the specificities of wind power installed capacity have been clarified, two possible options arise to analyse this issue: (i) focus on the share of installed wind capacity, which is effectively used (capacity factor); and (ii) focus on the share of installed wind capacity, which is idle. Unlike other authors, such as Boccard [2] and Yang et al. [3], who follow option (i), our insight was towards option (ii). The motivations for this choice are threefold. First, the paper is focused on explaining the installed capacity in wind power that is not actually used. As such, it seems to us appropriate to work upon idle capacity instead of upon the capacity that is really used Second, for the policymakers guidance is more attractive in order to understand the factors that are enhancing idle capacity so that it can be avoided. Third, from the economic point of view, economic inefficiency concerns, i.e. the opportunity cost of investments. These investments are not even used over long periods. This in- efficiency should be reduced or even eliminated. As stated above, the planned excess capacity is a well-known practice of strategic behaviour within the markets, which is vastly studied in the context of industrial economics. But the excess capacity is also economically inefficient. This inefficiency is of particular concern incapital intensive industries such as wind power, where the majority of costs are capital costs. In short, our option brings more read- ability to the results and enriches the debate and discussion. http://kizuna.5ch.net/test/read.cgi/zoo/1718664485/165
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