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The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10011372115
government launched an unprecedented marketization reform in 2015 to deregulate the electricity price. This paper examines the … impact of the electricity price deregulation in the industry level. We first construct two-stage dynamic game models by … with and without electricity regulation, and examine the changes in electricity price, electricity generation, coal price …
Persistent link: https://www.econbiz.de/10011957009
, connection rates and electricity consumption remain low in grid connected areas, at least in the short and medium run. This paper … of grid electricity over time using a panel of 41 communities that were electrified up to ten years ago. We find that …, connection rates are much lower, at 51%. Furthermore, electricity consumption and appliance usage are low and did not grow over …
Persistent link: https://www.econbiz.de/10014584243
This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the … electricity consumption from 9.2 MWh per capita in 2010 to 8.6 MWh per capita in 2015. However, following a significant decline … since 2010, electricity consumption in the main New Zealand sectors is increasing. Energy conservation could play an …
Persistent link: https://www.econbiz.de/10012255110
Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for … sources, as well as liquid electricity markets. The result would be a more efficient and economic coordination of electricity …
Persistent link: https://www.econbiz.de/10010484691
The design of wholesale electricity markets in the transition towards liberalization presents significant differences … from country to country. Some spot markets have imposed the concentration of transactions to ensure market liquidity. Other … the trade off between the liquidity of the market and the stability of the system. The solution chosen by some market is a …
Persistent link: https://www.econbiz.de/10010312369
This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an … analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …
Persistent link: https://www.econbiz.de/10010305694
Uncertainty about renewable production increases the importance of sequential short-term trading. We consider a two-stage market where conventional and renewable producers compete in order to satisfy the demand of consumers. The trading in the first stage takes place under uncertainty about...
Persistent link: https://www.econbiz.de/10011521430
Anlagen zur Stromproduktion aus erneuerbaren Energien setzen sich zurzeit am Markt nicht durch, weil die Stromgestehungskosten höher sind als jene von konventionellen (thermischen) Kraftwerken. Da mit dieser Produktionsform aber verschiedene positive Eigenschaften verbunden sind, werden...
Persistent link: https://www.econbiz.de/10010295538
Many technologies that produce electricity from renewable energy sources are currently not competitive. This is due to … fixed feed-in tariffs (FITs). The costs of this support scheme are distributed to the electricity consumers. Due to the so …-called EEG levy, electricity costs of industry are increased and as a result their competitiveness is decreased. Consequently …
Persistent link: https://www.econbiz.de/10010295549