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 finding is that both storage utilization and...

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro storage operation. We find that introducing storage...

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 counterfactual cases of strategic and non-strategic pumped hydro...

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro storage operation. We find that introducing storage...

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 finding is that both storage utilization and...

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 counterfactual cases of strategic and non-strategic pumped hydro...

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 counterfactual cases of strategic and non-strategic pumped hydro...

Die Bundesregierung hat mit dem Atom-Moratorium beschlossen, dass sieben Atomkraftwerke für drei Monate abgeschaltet werden. Berechnungen des DIW Berlin zeigen, dass trotz der Abschaltung der Atomkraftwerke noch immer ausreichend Strom produziert wird und sich die Strompreise nur geringfügig...

In its Green Paper on a 2030 framework for climate and energy policies, the European Commission calls for a framework for the future development of environment and energy policy beyond 2020. However, much like the Energy Roadmap 2050 adopted by the Commission in December 2011, the Green Paper is...

According to the climate target set by the German government for 2020, greenhouse gas emissions are to be reduced by 40 percent compared to 1990 levels. However, current projections indicate that this target will only be achieved if further measures are implemented. The power sector has an...