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The ongoing transformation of the European energy system comes along with new challenges, notably increasing amounts of power generation from intermittent sources like wind and solar. How current objectives for emission reduction can be reached in the future and what the future power system will...
Persistent link: https://www.econbiz.de/10010729672
Distributed generation units are desirable from an environmental point of view but also have an impact on the costs of electricity grids at the distribution and transmission level. Therefore, investment planning has to consider all benefits and costs of DG to build DG sources at sites where they...
Persistent link: https://www.econbiz.de/10005022738
This contribution analyses the European electricity markets with respect to their aptitude to absorb large amounts of wind energy. Thereby in a first step the market designs of the major European power markets in France, Germany, Scandinavia, Spain and UK are reviewed, with a particular focus on...
Persistent link: https://www.econbiz.de/10008494639
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This article focuses on the distribution of costs induced by the integration of electricity generation from renewable energy sources (RES-E). The treatment to distribute these costs on different market actors is crucial for its development. For this purpose, individual actors of electricity...
Persistent link: https://www.econbiz.de/10005219607
The German market has seen a plunge in wholesale electricity prices from 2007 until 2014, when base futures prices dropped by more than 40 percent. In this paper we determine the fundamental components of electricity futures prices and quantify their impact on the price drop as well as on...
Persistent link: https://www.econbiz.de/10013004672