The European Union has embarked on the transformation of its energy and electricity system to low-carbon energy sources … institutional settings of decision-making processes in Germany and Europe, lessons from the German context are not directly … the creation of the European internal market in the 1990s and its application to the energy sectors (mainly electricity …

the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the … costs of renewables decreased strongly making investments more attractive. Since European countries differ strongly in terms … of natural resources, we analyse the profitability of wind onshore and offshore and solar PV across Europe to determine …

The unbundling of formerly vertically integrated utilities in liberalized electricity markets led to a coordination … problem between investments in the regulated electricity grid and investments into new power generation. At the same time … capacity payments. Consequently, inefficiencies arise if transmission investment follows wind power investment. A benevolent …