A shift from zonal to nodal pricing improves the efficiency of system operation. However, resulting price changes also shift surplus across generation and loads at different locations. As individual actors can lose, they might oppose any reform. We explore how allocation of financial...

We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...

In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic...

In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic...

Mit Blick auf die Versorgungssicherheit im Stromsektor werden derzeit nicht nur in Deutschland verschiedene Kapazitätsmechanismen diskutiert. Dazu zählt eine Strategische Reserve, also das Vorhalten einzelner Kraftwerke, die nur in Notsituationen mit einem knappen Stromangebot und hohen...

Integrating large quantities of supply-driven renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the...

[Zusammenfassung] Anspruchsvolle Klimaschutzziele in Deutschland - Sowohl Deutschland als auch die Europäische Union haben sich anspruchsvolle Klimaschutzziele gestellt. So möchte Deutschland bis 2020 den Ausstoß von Treibhausgasen gegenüber 1990 um 40% reduzieren, die EU strebt dasselbe...

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...

Trotz des Atommoratoriums aus dem März 2011 ist die Versorgungssicherheit des deutschen Stromsystems bisher nicht gefährdet gewesen und auch für das kommende Jahrzehnt ist keine Gefährdung abzusehen. Derzeit hat das System aufgrund des Zubaus konventioneller Kraftwerke sowie der erneuerbaren...