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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 … imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro …
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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 … utilization of storage capacities depends on the operator and its ability to exert market power both regarding storage and …
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We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model … to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main …'s involvement in conventional generation. Strategic operators generally under-utilize owned storage capacity. Strategic storage …
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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 … effects with a Electricity market model for Europe with investments in power plants under oligopolistic conditions in Germany …
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