green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices … (particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using …

This paper focuses on the valuation and hedging of gas storage facilities, using a spot-based valuation framework … coupled with a financial hedging strategy implemented with futures contracts. The contributions of this paper are two … price, but more importantly that the hedging strategy commonly used in the industry leaves the storage operator with …

The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the … focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity … climate policy to cover 80 percent of electricity consumption with renewable energy sources, as the German Renewable Energy …