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energy supply security and critical line flows in both the German and Central European electricity networks. The technical …-economic model of the European electricity market, ELMOD, is used to simulate alternative power plant dispatch, imports, exports, and … higher net imports, especially from the Netherlands, Austria, and Poland, and that electricity generation from fossil fuels …
Persistent link: https://www.econbiz.de/10009294797
access regime in the electricity and gas sectors. We find strong similarities for two otherwise very different sectors, as … well as an influence of the electricity regime on the gas regime. The sector-specific regulatory regime, supported by the … slightly different results in practice. In electricity, the development of market coupling initiatives creates new regulatory …
Persistent link: https://www.econbiz.de/10009294800
Climate change and security of supply policies are driving us towards a decarbonization of the electricity system. It … is in this context that smart grids are being discussed. Electricity grids, and hence their regulatory frameworks, have a … key role to play in facilitating this transformation of the electricity system. In this paper, we analyze what is expected …
Persistent link: https://www.econbiz.de/10008462042
Cross-border capacities in Europe are currently inefficiently used. Implicit auctioning is about eliminating these cross-border trade inefficiencies by internalizing the arbitrage into the auction procedures of the Power Exchanges that are organizing trade nationally. On the Kontek Cable,...
Persistent link: https://www.econbiz.de/10008462046
of disarray. Some regions have adopted a fully liberalized electricity sector model, others have retained the traditional … electricity efficiently, (b) to confront retail consumers with the appropriate prices to encourage efficient utilization of … electricity, (c) to meet greenhouse gas mitigation goals efficiently, and (d) to support efforts to increase energy security and …
Persistent link: https://www.econbiz.de/10005727897
Decentralised electricity systems require effective price and quantity risk management mechanisms, but the nature of … rooted in the competition facing both electricity retailers and large industrial firms. Additional problems include those of … that market contracting in electricity systems is a costly approach to addressing hold-up and related problems, and that …
Persistent link: https://www.econbiz.de/10005042578
We study the impact of different regulatory and ownership regimes on the dividend policy of regulated firms. Using a panel of 106 publicly traded European electric utilities in the period 1986-2010, we link payout and smoothing decisions to the implementation of different regulatory mechanisms...
Persistent link: https://www.econbiz.de/10010705942
The article examines whether and how independent regulatory agencies (IRAs) have altered the strategies, relationships and power of French policy makers in markets and whether they led to convergence with Britain in state-market relations. It relates these questions to broader debates about the...
Persistent link: https://www.econbiz.de/10005227054