The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start …-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on … official scenario assumptions, we investigate how start-ups and related costs develop in Germany, where the share of …

strong role of renewables, others on a substantial role of negative emission technologies with fossil fuel use, yet others on …

features a novel approach of modeling balancing reservation by considering possible activation costs already during the …

pathways for a transformation towards a decarbonized electricity sector rely on very high shares of fluctuating renewables … balancing framework might further influence balancing costs: i) dynamic dimensioning of balancing reserves, ii) provision by … fluctuating renewables or new (battery) storage technologies, and iii) exchange of balancing reserves between balancing zones. The …

greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to … uncertain, we carry out a range of sensitivity analyses, for example, with respect to the costs and availabilities of storage … and renewables. A common finding of these sensitivities is that – under very high renewable shares – the storage …

the expansion of variable renewables leads to a strong decrease of the right-hand side of the residual load curve …-dispatchable renewables would render storage investments largely obsolete under the assumption of a flexible system. In contrast, further …

on network congestion, assuming that a shift from conventional power plants towards renewables may go along with …