EU Member States increase deployment of intermittent renewable energy sources to deliver the 20% renewable target formulated in the European Renewables Directive of 2008. To incorporate these intermittent sources, a power market needs to be flexible enough to accommodate short-term forecasts and...

Recommended readings (Machine generated): F.P. Ramsey (1927), 'A Contribution to the Theory of Taxation', Economic Journal, 37 (145), March, 47-61 -- Harold Hotelling (1938), 'The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates', Econometrica, 6 (3), July,...

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the...

German companies view high and uncertain electricity prices a major challenge. A Renewable Energy Pool (RE-Pool), wherein the favorable conditions of competitive tenders for new wind and solar power projects are passed on to electricity consumers, could hedge such price risks. Consumers'...