of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times …-border strategic reserves to safeguard electricity supply and aid the energy transition in Germany and neighboring countries at large … security of electricity supply without distorting the EU's internal electricity market. In addition, overall costs may decrease …

We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in … the market dispatch while conventional capacity decreases in the southern zone. As the spatial imbalance of supply and …

This paper looks into various models that address strategic behavior in the supply of gas by the Mexican monopoly Pemex …. The paper has three very strong technical results. First, the netback pricing rule for the price of domestic natural gas … gas it uses and the gas it flares increases the value of the Lagrange multiplier associated with the gas processing …

In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia … consisting of an optimal policy problem at the upper level, and an equilibrium model of the international steam coal market … (based on COALMOD-World) at the lower level. We find that a unilaterally introduced Australian export tax on steam coal has …

We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic … the demand for gas is very inelastic, the welfare losses associated from small deviations from a first best optimum are … minimal. This implies that the gas pipeline system can be regulated with a relatively simple set of transparent rules without …

planning of generators and cannot not be fully diminished by wind forecasts. In this paper we develop a stochastic electricity … market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …

to invest in hard coal plants compared to natural gas at the time of the ETS onset. Expected windfall profits compensated … turned investors' favours towards the cleaner natural gas technology because of preexisting economic advantages for coal. In … new coal power plants being added to its power mix. There are several possible drivers for this "dash for coal", but it is …

As building-integrated photovoltaic (PV) solutions can meet around one-third of electricity demand in Germany and China …