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 …

We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model …

We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …

Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply … intermittent renewable supply affect forward premiums in German electricity markets. We contribute to the existing literature by …

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … storage operation. We find that introducing storage generally smoothes conventional generation patterns and market prices and … increases consumer rent and overall welfare. In contrast, electricity producers generally suffer from storage. We also find that …

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 …