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 …

One of the major changes in european electricity markets is - besides the increasing share of renewable infeed - the … available interconnector capacity are not always auctioned independently from electricity. Instead, interconnector capacity is … implicitely auctioned in the Day-Ahead auction of electricity such that price differences between market areas are minimized …

production capacity. In a zonal pricing electricity market, the one proposed by the European Commission to integrate the European … electricity markets, I analyze the effects that investments in transmission and production capacity have on consumer welfare and …

The European electricity market design is based on zonal markets with uniform prices. Locational price signals within … distortions of the electricity market, both in the short- and in the long-term.In this paper, we study these distortions with a … and investment model of the European electricity system and gradually restrict the allowed expansion of the transmission …

to nodal pricing for efficient long-term cross-border electricity market due to higher uncertainties in the long …

, private investments in captive substations emerge as a coping mechanism against unreliable electricity supply. Lastly, an …

the two dimensions on emission, abatement cost, and electricity prices until 2050. The most collaborative narrative leads …

Capacity constraints on transmissions of electricity are raising an increasing policy concern as electricity markets … this paper is to highlight the impact of transmission capacity constraints and transmission costs on electricity market …

Zonal pricing electricity markets operate sequentially. First, the suppliers compete in a spot market. Second, to …