Fanone, Enzo; Gamba, Andrea; Prokopczuk, Marcel - In: Energy Economics 35 (2013) C, pp. 22-34
mainly due to the Renewable Energy Act (EEG). The EEG substantially impacts the dynamics of intra-day electricity prices by …-day electricity prices and propose an estimation procedure for this model. Most importantly, our model is able to generate extreme …In recent years, Germany has significantly increased its share of electricity produced from renewable sources, which is …