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Due to the call for further integration of European markets and the targeted climate goals, both European electricity … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …
Persistent link: https://www.econbiz.de/10012038962
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
to nodal pricing for efficient long-term cross-border electricity market due to higher uncertainties in the long …
Persistent link: https://www.econbiz.de/10014261991
the two dimensions on emission, abatement cost, and electricity prices until 2050. The most collaborative narrative leads …
Persistent link: https://www.econbiz.de/10012319321
as electricity, reduced nuclear power plant availability in France, and lower hydro power generation in Europe. This … the canceling volume in the MSR by 425 million and prevent gas-CCS from being competitive in the long-run. Electricity … electricity price increase can be traced back to higher energy prices (from 36 to 143 e/MWh), whereas the other half (from 143 to …
Persistent link: https://www.econbiz.de/10014279363
of their output. Being sold on a market place, it makes sense to expect that electricity market prices somehow reflect … to the electricity market price.It is often assumed that the pass-through rate of emission costs in electricity prices is … constant within a specific time period. We argue that this is unlikely as electricity is produced by suppliers that apply …
Persistent link: https://www.econbiz.de/10013046902
) on the futures market of electricity, gas, and coal. Our findings seem to confirm that, as expected, electricity returns …. Finally, an impulse-response analysis seems to corroborate that electricity futures returns suffer the consequences from …
Persistent link: https://www.econbiz.de/10013127207
-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
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
Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model … markets. In this context, this paper analyses price setting on European power markets. We use a fundamental electricity market …
Persistent link: https://www.econbiz.de/10011948155