We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … increases consumer rent and overall welfare. In contrast, electricity producers generally suffer from storage. We also find that …

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 …, depending on policy objectives. We also find that the introduction of electricity storage generally increases overall welfare …

Common intuition holds that retail real-time pricing (RTP) of electricity demand should become more beneficial in …, we test this intuition by simulating long-run electricity market equilibria with carbon-tax-induced VRE investment and …

by electricity grids and temporal flexibility enabled by electricity storage are important options for flexibility. As …

by electricity grids and temporal flexibility enabled by electricity storage are important options for flexibility. As …

The transformation of the electricity sector is a main element of the transition to a decarbonized economy … electricity storage and other options for providing temporal flexibility. We discuss the market dynamics of increasing VRE … penetration and their integration in the electricity system. We describe the merit-order effect (decline of wholesale electricity …

Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable renewable … energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-source electricity sector model …