fundamental modelling approach to determine hourly German day-ahead power market prices and production volumes. The methodology …, uncoupled time periods and only one market area. Between 2011 and 2015, German day-ahead prices declined by 38% and various …Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as …

Forecasting hourly electricity prices and their characteristic properties is a core challenge for energy generation … companies and trading houses. The short-term marketing and purchase of electricity is usually managed with standardized products … traded on different markets and with specific temporal resolution and maturity. The size and scope of the electricity price …

improve congestion management, recognizing that the first-best solution of nodal prices is controversial in Europe …Germany's energy transition is associated with increasing congestion in the electricity transmission grids due to …, adequate spatial incentives are crucial. To date, research has discussed possible market splits as a mid-term solution to …