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The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10011374098
We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in … the market dispatch while conventional capacity decreases in the southern zone. As the spatial imbalance of supply and …
Persistent link: https://www.econbiz.de/10010479927
demand-supply framework that despite the swift, unpredicted change, the main impact was a significant increase in prices …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10013012930
supply and demand. So far, the German energy policy has taken a clear stand against regional pricing and favors the status …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 …
Persistent link: https://www.econbiz.de/10011185740
supply and demand. So far, the German energy policy has taken a clear stand against regional pricing and favors the status …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 …
Persistent link: https://www.econbiz.de/10010484691
supply and demand. So far, the German energy policy has taken a clear stand against regional pricing and favors the status …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 …
Persistent link: https://www.econbiz.de/10010485580
The diffusion of renewable electricity generating technologies is widely considered as crucial for establishing a … costs among all electricity consumers. This paper presents a novel history-friendly agent-based study aiming to explore the … is devoted to the possibility of small scale renewable electricity generation, but also to the storage of this …
Persistent link: https://www.econbiz.de/10011438476
nuclear phase-out would have not occurred. Since coal- and gas-fired production as well as additional imports have substituted …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 …
Persistent link: https://www.econbiz.de/10011810851
The pure model of replicator dynamics though providing important insights in the evolution of markets has not found much of empirical support. This paper extends the model to the case of firms vertically integrated in value chains. We show that i) by taking value chains into account, the...
Persistent link: https://www.econbiz.de/10011446182