The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices …, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these … phase-out on electricity and emission prices. Under a tight system, however, investments in conventional generation are …

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

This paper analyzes the dynamic behavior of day-ahead spot prices in the German electricity spot market due to positive … prices than solar power shocks. These may be explained by significant autocorrelations of wind power for larger lags. The …

After the deregulation of the German electricity markets in 1998, the German government opted for a regulatory regime … electricity networks are incontestable natural monopolies, the local and regional network operators are able to set (monopolistic …

In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of … strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and …, depending on policy objectives. We also find that the introduction of electricity storage generally increases overall welfare …