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Cross-border effects of capacity mechanisms: Do uncoordinated market design policies countervail the goals of European market integration?
Meyer, Roland; Gore, Olga - 2014
This article analyses cross-border effects of capacity mechanisms and discusses whether such mechanisms countervail the goals of European Market Integration. Using a two-country-model, the countries' policy options are analysed from a game-theoretical viewpoint. A model simulation identifies the...
Persistent link: https://www.econbiz.de/10010421011
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A welfare analysis of the electricity transmission regulatory regime in Germany
Kemfert, Claudia; Kunz, Friedrich; Rosellón, Juan - 2015
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …
Persistent link: https://www.econbiz.de/10011294803
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FTR allocations to ease transition to nodal pricing: An application to the German power system
Kunz, Friedrich; Neuhoff, Karsten; Rosellón, Juan - In: Energy Economics 60 (2016), pp. 176-185
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...
Persistent link: https://www.econbiz.de/10012029103
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The benefit of coordinating congestion management in Germany
Kunz, Friedrich; Zerrahn, Alexander - 2013
, particularly re-dispatch of power plants. However, the existence of four TSOs within Germany induces the question whether …
Persistent link: https://www.econbiz.de/10010312841
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Risks and incentives for gaming in electricity redispatch markets
Pechan, Anna; Brandstätt, Christine; Brunekreeft, Gert; … - 2023
Market design for electricity often ignores network congestion initially and addresses it in a second, so-called 'redispatch' stage. For market participants, any two-stage design offers an opportunity to strategically optimize between the different market stages. The current debate is how to...
Persistent link: https://www.econbiz.de/10014476162
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How decentralization drives a change of the institutional framework on the distribution grid level in the electricity sector: The case of local congestion markets
Buchmann, Marius - 2019
The increasing share of renewables in the electricity system results in congestion on all network levels. To address this congestion, the EU Commission proposed that distribution network operators become responsible for local congestion management. Within this paper we analyze the institutional...
Persistent link: https://www.econbiz.de/10012271259
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Long-term contracts for network-supportive flexibility in local flexibility markets
Heilmann, Erik; Klempp, Nikolai; Hufendiek, Kai; … - 2022
With an ongoing energy transition, the electric network is increasingly challenged. Handling congestion is a major responsibility of network operators. In recent years, market-based approaches to utilize network-supportive exibility, especially local exibility markets (LFMs), have been discussed...
Persistent link: https://www.econbiz.de/10013427773
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Congestion management in power systems: Long-term modeling framework and large-scale application
Bertsch, Joachim; Hagspiel, Simeon; Just, Lisa - 2015
In liberalized power systems, generation and transmission services are unbundled, but remain tightly interlinked. Congestion management in the transmission network is of crucial importance for the efficiency of these inter-linkages. Different regulatory designs have been suggested, analyzed and...
Persistent link: https://www.econbiz.de/10011348176
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An integrated approach to model redispatch and to assess potential benefits from market splitting in Germany
Trepper, Katrin; Bucksteeg, Michael; Weber, Christoph - 2014
network congestion increases particularly in Germany. Against this background, we develop an integrated approach to model (re …)dispatch for Germany in detail while considering interactions with neighbouring countries. Compared to 2011, our findings indicate … a much more critical network situation in Germany for 2015. We identify increased RES production, resulting imports and …
Persistent link: https://www.econbiz.de/10010420969
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The relevance of grid expansion under zonal markets
Bertsch, Joachim; Brown, Tom; Hagspiel, Simeon; Just, Lisa - 2015
The European electricity market design is based on zonal markets with uniform prices. Locational price signals within these zones - necessary to ensure long-term efficiency - are not provided. Specifically, if intra-zonal congestion occurs due to missing grid expansion, the market design is...
Persistent link: https://www.econbiz.de/10011521427