-called Flow-Based Market Coupling (FBMC) superseded the previous net-transfer-capacity-based approach in Central Western Europe in … 2015, aiming at a better representation of physics of the electricity grid as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 …

We present a bottom-up electricity market model for Switzerland called Swissmod. It includes a detailed electricity … interdependence of hydraulically coupled hydropower plants into account. In addition, the Swiss electricity network is represented … using the DC load ow approach, allowing for spatial market evaluations. The model is developed as a deterministic …

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 …

This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …-order and intraday adjustment needs as the drivers of liquidity in a perfectly competitive market. The second model relaxes the … assumption of perfect competition in the intraday market and assumes that the trading behavior of profit maximizing market …

costs of hydropower for providing balancing capacity. Our results show that Swiss balancing market prices are influenced by … generation technologies and market design. In this paper, we have a look at the balancing market prices of a hydro … hydropower plants, we are able to identify a competitive benchmark for Swiss balancing market prices defined by the opportunity …

field for DG and conventional power generation. Due to the impact of DG on the electricity grid infrastructure, future … adequate consideration, the overall costs of the electricity generation system will be unnecessarily high. The present paper …

fundamental modelling approach to determine hourly German day-ahead power market prices and production volumes. The methodology …, uncoupled time periods and only one market area. Between 2011 and 2015, German day-ahead prices declined by 38% and various …Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as …

This paper investigates the incentives market participants have in the German electricity balancing mechanism … customers. More effective market designs include changes in the balancing mechanism, the reserve capacity and the intraday spot …. Strategic over- and undersupply positions are the result of existing stochastic arbitrage opportunities between the spot market …