Der europäische Strommarkt steht vor zwei wesentlichen Herausforderungen: Wettbewerb und Klimaschutz. Die Liberalisierung des Stromsektors in Europa hat seit der Einführung der Direktive der Europäischen Kommission im Jahre 1997 zu einem verstärkten Wettbewerb zwischen den Stromanbietern...

Der deutsche Strommarkt steht vor zwei großen Herausforderungen: Wettbewerb und Klimaschutz. Die Liberalisierung des Stromsektors in Europa gemäß den Richtlinien zum Binnenmarkt führt zu verstärktem Wettbewerb zwischen den Stromanbietern, und der Anfang 2005 begonnene Handel mit...

Within this paper an oligopolistic German electricity market is modelled by a game theoretic modelling tool representing a Nash equilibrium. Due to European electricity market liberalisation electricity producing and trading firms react strategically like global market players by joining and...

Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity market liberalisation by merging market shares, since the year 2000, which reduces the number of suppliers and influences production and consumer prices. This paper discusses...

Effects of renewable support legislation on electricity prices have been analyzed with a plethora of models. However, these models neglect at least one of the following aspects which we take into account in our analysis: oligopolistic market behavior of dominant firms, emission trading,...

We use a quantitative electricity market model to analyze the welfare effects of refunding a share of the emission trading proceeds to support renewable energy technologies that are subject to experience effects. We compare effects of supporting renewable energies under both perfect and...