Energy systems based on renewable energy sources require increasing demand side flexibility. Also, changes in the underlying cost structure, i. e., decreasing variable costs and increasing infrastructure investments, and varying customer needs should be reflected in the setup of future markets,...

The aim of this research in progress is to examine the effect of CO2-emission trading and the intensified application of renewable energy sources to the liberalized power market. The research approach applies methods from a combination of economics, natural sciences and computer science in order...

Main challenges within the energy system of tomorrow are more volatile, less controllable and at the same time more decentralized electricity generation. Furthermore, the increasing research and development activities on electric vehicles (EV) make a significant share of electric vehicles within...

Renewables introduce new weather-induced patterns and risks for market participants active in the energy commodity sector. We present a flexible framework for power spot prices that is capable of incorporating a weather model for the joint distribution of local weather conditions. This not only...

Renewables introduce new weather-induced patterns and risks for market participants active in the energy commodity sector. We present a flexible framework for power spot prices that is capable of incorporating a weather model for the joint distribution of local weather conditions. This not only...