This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …

European electricity market participants are encouraged to balance intraday deviations from their day-ahead schedules … via trades in the intraday market. Together with the increasing produc-tion of variable renewable energy sources, the … fundamental and actual prices persist and are explored using regression models. The main differences can be attributed to (avoided …

In principle, portfolio optimization in electricity markets can make use of the standard mean-variance model going back … to Markowitz. Yet a key restriction in most electricity markets is the limited liquidity. Therefore the standard model …

field for DG and conventional power generation. Due to the impact of DG on the electricity grid infrastructure, future … adequate consideration, the overall costs of the electricity generation system will be unnecessarily high. The present paper … or savings resulting from decentralized production. Thereby particular focus is laid on taking adequately into account …

Optimal capacity allocation for investments in electricity generation assets can be deterministically derived by … perspective. Because existing literature on MVP applications in electricity generation markets uses predominantly numerical … uncertain fuel prices. For this purpose, we provide a static optimization model which allows to fully capture fuel price risks …

In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies … a deterministic marginal production cost curve ("merit order"), we investigate in particular the implications of … related to production of nonstorable goods under price uncertainty of input factors. Similar problems can e.g. be found in …

portfolio structure in the market. We show that risk-averse electricity market agents who receive a managerial profit share may …