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 …

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 …

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 …

-maximum outcomes. The profit-maximizing approach has also been successful in cases where transmission investment is driven by demand …

We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and …

We study the performance of different regulatory approaches for the expansion of electricity transmission networks in … the light of realistic demand patterns and fluctuating wind power. In particular, we are interested in the relative … demand in a very realistic way. This substantially increases the real-world applicability of results compared to previous …

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 …

This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the … transport and CO2 storage including the option for CO2 enhanced oil recovery (CO2-EOR). The players maximize their expected … profits based on variable, fixed and investment costs as well as the price of electricity, CO2 abatement cost and other …