The long-term energy strategy issued by the German government in 2010 and 2011 embraces a substantial reduction of CO2 emissions and high shares of renewable energy in electricity production, along with energy efficiency improvements and an accelerated nuclear phase-out. While several studies...

To analyze the challenge of large-scale integration of renewables during the next decades, we present a conceptual power system model that bridges the gap between long term investment allocation and short-term system operation decisions. It integrates dynamic investments in generation,...