This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …. Two models that aim at explaining intraday liquidity are developed. The first model considers the fundamental merit …-order and intraday adjustment needs as the drivers of liquidity in a perfectly competitive market. The second model relaxes the …

This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …. Two models that aim at explaining intraday liquidity are developed. The first model considers the fundamental merit …-order and intraday adjustment needs as the drivers of liquidity in a perfectly competitive market. The second model relaxes the …

Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for … sources, as well as liquid electricity markets. The result would be a more efficient and economic coordination of electricity …

This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We … were paid for evening peak hours on weekdays during winter months, the period of time with the highest electricity … riskaverse rational economic agents. -- Electricity trading ; Risk premium ; EEX …

System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …

This paper investigates the incentives market participants have in the German electricity balancing mechanism …

Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for … sources, as well as liquid electricity markets. The result would be a more efficient and economic coordination of electricity …

The German Energiewende’s potential effects on the reliability of electricity supply as well as the corresponding …) ; German Energiewende ; Electricity outage costs …

Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation … linear and log-log. Using a two-stage least squares approach, the short-term own-price elasticity of electricity demand in …