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Decarbonization goals of the European Commission foresee different future scenarios for the European power market of which all are exceeding 60% renewables in the power system.3 High shares of intermittent renewable sources require significant changes to the physical system and impact the...
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opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound …, investors were willing to undertake investment in liberalized electricity markets based on mid-term contracting and retail …
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Comparisons of resource assessments suggest that sufficient renewable energy resources are available to allow for large-scale deployment of renewable energy technologies. Economic analysis identifies barriers to the adoption of renewable energy sources resulting from (i) market structure, (ii)...
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A fundamental question regarding the design of electricity markets is whether adding auctions to the continuous …
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