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Decarbonization goals of the European Commission foresee different future scenarios for the European power market of which all are exceeding 60% renewables in the power system.3 High shares of intermittent renewable sources require significant changes to the physical system and impact the...
Persistent link: https://www.econbiz.de/10010369935
opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound …, investors were willing to undertake investment in liberalized electricity markets based on mid-term contracting and retail … such contracts? - Can congestion management mechanisms enhance the liquidity of mid-term energy contracts by issuing …
Persistent link: https://www.econbiz.de/10010369937
an increasing amount of fundamental data, including forecasts of electricity demand and available capacity. We develop a … fundamental model for electricity prices which lends itself well to integrating such forecasts, while retaining ease of … pricing performance of our model is shown to further improve based on the inclusion of electricity demand and capacity …
Persistent link: https://www.econbiz.de/10010410472
argues that it looses competitiveness on the world marked with higher electricity costs due to the mark-up. However, this …
Persistent link: https://www.econbiz.de/10009161295
This paper presents an analytical benchmark model for national intraday adjustment needs under consideration of fundamental drivers, market concentration and portfolio internal netting. The benchmark model is used to calculate the intraday market outcomes if (i) large and small players as well...
Persistent link: https://www.econbiz.de/10010513939
-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
This paper aims at highlighting the Commission's approach towards the relation between sector specific regulation and general competition law, especially concerning energy markets and the road to Internal Market objective.We firstly present Trinko case, in order to focus on two crucial and...
Persistent link: https://www.econbiz.de/10013069619
-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10013049230
cross-border interconnection capacity in an international electricity market. Our results show that equilibrium transmission … quantifying these distortions and propose a market design that uniquely implements efficient dispatch of electricity. In this …
Persistent link: https://www.econbiz.de/10012584337