conditions that output elasticities must be equal to a modification of the usual factor cost shares, where shadow prices due to … the constraints add to factor prices. In a model, where capital, labor and energy (exergy) are the factors of production …, the technological constraints are identified as limits to capacity utilization and automation. The shadow prices depend on …

This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We … were paid for evening peak hours on weekdays during winter months, the period of time with the highest electricity … riskaverse rational economic agents. -- Electricity trading ; Risk premium ; EEX …

article we quantify the short-run price elasticity of electricity demand in the German day-ahead market and show that demand … the German market by incorporating variable renewable electricity generation for the estimation of electricity prices in …System security in electricity markets relies crucially on the interaction between demand and supply over time. However …

and investment model of the European power sector to account for the embedding of the German electricity sector in the … electricity supply in Germany can be assured until 2015. In the long term, the need for backup capacity for renewable energy … sources increases as well as the need for electricity imports. -- supply adequacy ; integration of renewable energy sources …

The German Energiewende’s potential effects on the reliability of electricity supply as well as the corresponding …) ; German Energiewende ; Electricity outage costs …

therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we …

Difference-in-Differences estimation and find a significant negative impact of smart meters on monthly residential electricity …

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling … underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the …