Decarbonization goals of the European Commission foresee different future scenarios for the European power market of … secure operation, re-investment, and closure choices. To this end the participants of the Future Power Market Platform … reviewed the empirical situation with mid-term contracts, identified incentives to contract and discussed possible commercial …

A capacity mechanism next to the energy-only market provides necessary investment incentives that spot markets lack …. The adequate capacity mix can only be achieved by accounting for the current transition phase to electricity generation … for peak-load power plants in a capacity market. This results in higher flexibility as opposed to missing flexibility …

Current EU short-term market designs for electricity face several challenges in (i) securing efficient system operation … gradual reform of market design and to guarantee secure operation of (cross-border) flexible resources, firm nominations for …

flexible trading arrangements. For the electricity markets, options to advance intraday and balancing market design are …Gas-fired power plants constitute a direct and important link between the gas and the electricity sectors and thus … between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will …

opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre‐existing long‐term contracts and formulated strict criteria for new long‐term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …

This paper provides a description of ELMOD, a model of the European electricity market including both generation and … Public Sector Management (EE2) at Dresden University of Technology in order to analyze various questions on market design …, congestion management, and investment decisions, with a focus on Germany and Continental Europe. ELMOD is a bottom-up model …

-discriminatory access to data and a coherent and consistent view of the European wholesale electricity market, it does not seem advisable to … go quite so far with respect to immediacy and detail as intended by the new regulations. -- electricity ; market …The European Commission is introducing new regulations on submission and publication of data in electricity markets …

and monopoly hydropower allocation solutions are presented. Market power utilization potential for hydropower is reduced … periods when the residual demand crosses the inelastic part of thermal supply curve, real potential for market power … hydropower widens as wind market share increases …

This article examines the energy market restructuring in EU after the gradual liberalisation process of previous years … this article, we focus on the steps taken mainly by EC Commission, in order to control the concentrations in energy market …, which derived from the gradual involvement of the private sector in the market and the lift of barriers in energy market …

-called Flow-Based Market Coupling (FBMC) superseded the previous net-transfer-capacity-based approach in Central Western Europe in … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …Due to the call for further integration of European markets and the targeted climate goals, both European electricity …