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A Renewable Energy Pool brings benefits of energy transition to consumers

Neuhoff, Karsten; Kröger, Mats; Stolle, Leon - In: DIW weekly report : economy, politics, science : a … 14 (2024) 15, pp. 119-126

German companies view high and uncertain electricity prices a major challenge. A Renewable Energy Pool (RE-Pool), wherein the favorable conditions of competitive tenders for new wind and solar power projects are passed on to electricity consumers, could hedge such price risks. Consumers'...

Persistent link: https://www.econbiz.de/10014529321

Contracting matters : hedging producers and consumers with a renewable energy pool

Neuhoff, Karsten; Ballesteros, Fernanda; Kröger, Mats; … - 2023

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the...

Persistent link: https://www.econbiz.de/10014230115

Beyond gate closure : report on Future Power Market Workshops on short-term markets and gate closure, held in Warsaw, 28.6.2013, and in Berlin, 06.12.2013

Neuhoff, Karsten; Schwenen, Sebastian - 2013

Current EU short-term market designs for electricity face several challenges in (i) securing efficient system operation (ii) unlocking the full potential of flexible resources and (iii) fostering effective use of transmission capacity. For a gradual reform of market design and to guarantee...

Persistent link: https://www.econbiz.de/10010369936

Mid-term contracting in electricity markets : what to consider in market design? ; Future Power Market Workshop, Brussels, 27.9.2013 ; workshop report by Karsten Neuhoff and Sebast...

Neuhoff, Karsten; Schwenen, Sebastian - 2013

Decarbonization goals of the European Commission foresee different future scenarios for the European power market of which all are exceeding 60% renewables in the power system.3 High shares of intermittent renewable sources require significant changes to the physical system and impact the...

Persistent link: https://www.econbiz.de/10010369935

The role of contracting in European electricity markets : Future Power Market Workshop, Berlin, 24.5.2013 ; workshop report by Karsten Neuhoff

Neuhoff, Karsten - 2013

Long-term energy contracts have featured prominently in many decisions of the European Commission to support the opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound pre-existing long-term contracts and formulated strict...

Persistent link: https://www.econbiz.de/10010369937

Gas and electricity market design for a flexible operation of gas-fired power plants : summary report on Future Power Markets Workshop, held in Florence on 25 April 2014

Neuhoff, Karsten; Rüster, Sophia; Schwenen, Sebastian - 2014

Gas-fired power plants constitute a direct and important link between the gas and the electricity sectors and thus between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will increase in tomorrow's low-carbon power markets, so also will...

Persistent link: https://www.econbiz.de/10010418939

TSO-TSO-DSO cooperation : how to align system operation in future power markets? ; summary report on Future Power Markets Workshop, held in Berlin on 27 June 2014

Neuhoff, Karsten; Rüster, Sophia; Schwenen, Sebastian - 2014

With increasing variability of demand and supply, transmission system operators (TSOs) across Europe adapt their internal processes and operational approaches. These processes comprise different interfaces with other market participants (e.g. via balancing markets, reserve procurement or NTC...

Persistent link: https://www.econbiz.de/10010419006

Design options for a strategic reserve for the German power market and international coordination

Neuhoff, Karsten; Schwenen, Sebastian - 2014

Strategic reserves are in principle well suited to address both generation adequacy and system security in power markets. Depending on the power system and on the network topology, a strategic reserve has to be designed to fulfill both objectives. For the design of a strategic reserve (SR) in...

Persistent link: https://www.econbiz.de/10010457255

Mediating Market Power in Electricity Networks

Gilbert, Richard; Neuhoff, Karsten; Newbery, David M. G. - 2013

We ask under what conditions transmission contracts increase or mitigate market power. We show that the allocation process of transmission rights is crucial. In an efficiently arbitraged uniform price auction generators will only obtain contracts that mitigate their market power. However, if...

Persistent link: https://www.econbiz.de/10014073392

Does schooling improve cognitive functioning at older ages?

Schneeweis, Nicole; Skirbekk, Vegard; Winter-Ebmer, Rudolf - 2012

We study the relationship between education and cognitive functioning at older ages by exploiting compulsory schooling … of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency …, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the …

Persistent link: https://www.econbiz.de/10009684039

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