This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an … analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …

electricity market. These four options are: a regulatory solution favoured by the Federal Ministry for Economics and Technology …

From 2002 to 2006, German wholesale electricity prices more than doubled. The purpose of this paper is to estimate the …

Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as … new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity … 5.6 €/MWh and accurately reproduces the electricity production volumes for most thermal production units. In a case …