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The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany

Schill, Wolf-Peter; Kemfert, Claudia - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...

Persistent link: https://www.econbiz.de/10008541303

Gone with the Wind?: Electricity Market Prices and Incentives to Invest in Thermal Power Plants under Increasing Wind Energy Supply

Traber, Thure; Kemfert, Claudia - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

The increased wind energy supplied to many electricity markets around the world has to be balanced by reliable back upunits or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices....

Persistent link: https://www.econbiz.de/10005069071

Policy Efforts for the Development of Storage Technologies in the U.S. and Germany

Borden, Eric; Schill, Wolf-Peter - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

discuss selected policy efforts by the United States of America and Germany with a focus on less-developed storage …, and flywheels, Germany has a stronger focus on bulk seasonal storage that may aid the integration of variable renewables …, may provide useful models for Germany. The U.S., on the other hand, may look to Germany's institutions as inspiration for …

Persistent link: https://www.econbiz.de/10010697283