The analysis of security of electricity supply (SoES) is particularly complex due to, among others, the liberalisation process and the increasing penetration of renewable energies. Larsen et al. (2016) propose a framework based on twelve dimensions to evaluate SoES for a single jurisdiction....

Common intuition holds that retail real-time pricing (RTP) of electricity demand should become more beneficial in markets with high variable renewable energy (VRE) supply mainly due to increased price volatility. Using German market data, we test this intuition by simulating long-run electricity...

The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate...