field for DG and conventional power generation. Due to the impact of DG on the electricity grid infrastructure, future … adequate consideration, the overall costs of the electricity generation system will be unnecessarily high. The present paper …

Due to the call for further integration of European markets and the targeted climate goals, both European electricity … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …

Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as … new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity … 5.6 €/MWh and accurately reproduces the electricity production volumes for most thermal production units. In a case …

Introduction -- Fundamentals of Energy and Power Systems -- Energy Demand -- Electricity Generation and Operational … Planning -- Electricity Transport and Storage -- Regulation: Grids and Environment -- Simple Electricity Market Equilibrium … Models -- Markets: Organisation, Trading and Efficiency -- Imperfect Competition and Market Power -- Electricity Markets in …

In principle, portfolio optimization in electricity markets can make use of the standard mean-variance model going back … to Markowitz. Yet a key restriction in most electricity markets is the limited liquidity. Therefore the standard model …

This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …