The ongoing penetration of large amounts of wind power capacities in Germany has strong impacts on the necessary promotion volumes (direct costs of Renewable Energy Source (RES) promotion) but also on necessary grid extensions, the future need for regulating and reserve power capacities, the...

Abstract Gerhard Jochum and Wolfgang Pfaffenberger state that regulation sometimes is used as an euphemism for ad hoc interventions into the free play of the market. In the network based energy industries only the network should be regulated as far as it constitutes a bottleneck. The idea should...