This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the...

This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the...

Strongly correlated and spatially concentrated curtailment of power plants strongly affects the electricity market. Such curtailment is observed during heat waves in middle Europe, for example. First, curtailed power plants need to be substituted by more expensive ones. Second, additional...

Thermoelectric power plants depend on cooling water drawn from water bodies. Low river run-off and/or high water temperatures limit a plant's production capacity. This problem may intensify with climate change. To what extent do such capacity reductions affect electricity spot markets? Who bears...

Die deutsche Bundesregierung hat sich das Ziel gesetzt, die Treibhausgasemissionen bis zum Jahr 2020 um 40 Prozent gegenüber 1990 zu senken. Aktuelle Projektionen gehen davon aus, dass dieses Ziel ohne weitere Klimaschutz-Maßnahmen nicht erreicht wird. Im Jahr 2020 muss voraussichtlich eine...