Die EU-Osterweiterung am 1. Mai 2004 hat den europäischen Binnenmarkt wieder ein Stück vergrößert. Besonders im Elektrizitätsmarkt gab es Stimmen, die das Damokles-Schwert des billigen Atomstroms aus Osteuropa über der früheren EU-15 schweben sahen. Dies hat sich als unbegründet...

This paper investigates the impacts of the eastern enlargement of the European Union in 2004 and the liberalisation of European electricity markets on Germanys electricity exchange with neighbouring countries and on electricity prices. Thus, electricity imports from Czech Republic have increased...

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are referred to as Vertically Integrated Utilities (VIUs), can increase their profitability through combined ownership of generation and transmission and/or distribution networks....

The development of renewable energy sources is central to the goal of gaining independence from conventional fossil fuels and achieving a sustainable energy supply. As these technologies are not yetfully developed and due to multi-dimensional selection environments cannotalwayscompete with...