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The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices …, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these … phase-out on electricity and emission prices. Under a tight system, however, investments in conventional generation are …
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This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the … profits based on variable, fixed and investment costs as well as the price of electricity, CO2 abatement cost and other …. The model framework allows for regional disaggregation and features simplified electricity and CO2 pipeline networks. The …
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This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
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A fundamental question regarding the design of electricity markets is whether adding auctions to the continuous … assess the impact on trading volumes/liquidity, prices, as well as market depth. We discuss further opportunities and …
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