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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
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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
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Why Did Self-Employment Increase So Strongly in Germany?
Fritsch, Michael; Kritikos, Alexander S.; Sorgner, Alina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015
Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany. …
Persistent link: https://www.econbiz.de/10011164333
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Do Entrepreneurs Really Earn Less?
Sorgner, Alina; Fritsch, Michael; Kritikos, Alexander - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our …
Persistent link: https://www.econbiz.de/10010961524