This book provides an in-depth analysis of the energy transformation process ongoing in Germany, now commonly referred to as energiewende, in the European context, with a focus on the electricity sector. It presents an expert look at the origins of the German energiewende, its concrete...

Short-term electricity markets are key to an efficient production by generation units. We develop a two-period model to assess different bidding formats to determine for each bidding format the optimal bidding strategy of competitive generators facing price-uncertainty. We compare the results...

Power generation from lignite and hard coal was responsible for more than a quarter of German greenhouse gas emissions in 2016. Of all federal states, North Rhine-Westphalia is by far the largest carbon emitter. The Growth, Structural Change and Regional Development Commission (also known as...

Die vorliegende Studie untersucht die ökonomischen Auswirkungen eines durch die Klimaziele der Bundesregierung induzierten Kohleausstiegs in Deutschland. Der Fokus liegt hierbei auf der Braunkohlenwirtschaft – insbesondere in den Braunkohleregionen. Ausgangspunkt sind Ausstiegspfade für die...

At least since the 1980 study on the energiewende by Krause et al. (Energie-Wende: Wachstum und Wohlstand ohne Erdöl und Uran. Frankfurt am Main: S. Fischer), renewable energies have been considered a viable alternative to conventional fossil fuels, and renewable energy technologies were seen...

A significant improvement in energy efficiency is crucial for the success of the energiewende. Energy efficiency plays an important role in reducing primary energy demand and fuel costs, and in many cases, it constitutes the least-cost option for GHG emissions reduction. Other benefits arise...

Cross-border cooperation on energy policies is crucial for achieving the ambitious goals of the low-carbon transformation in Europe and the energiewende in Germany. Because the European electricity system is so densely interconnected, reform processes in one country affect the broader European...

This book provides an in-depth analysis of the energy transformation process ongoing in Germany, now commonly referred to as energiewende, in the European context, with a focus on the electricity sector. It presents an expert look at the origins of the German energiewende, its concrete...

This paper expands the discussion about future balancing reserve provision to the long-term perspective of 2050. Most pathways for a transformation towards a decarbonized electricity sector rely on very high shares of fluctuating renewables. This can be a challenge for the provision of balancing...