into account investment flexibility. The analysis is based on the real options approach. Results show that total capacity … investments compensate phased-out generation capacity over time and that the share of renewables in the future generation …

This article analyses the flexibility of the German power market with respect to the integration of an increasing share … of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are … negative price bids is explained. Empirical data show the flexibility of conventional generating capacities in Germany during …

This article analyses the flexibility of the German power market with respect to the integration of an increasing share … of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are … negative price bids is explained. Empirical data show the flexibility of conventional generating capacities in Germany during …

A transaction cost economics explanation of buyer-seller relationships Analysis of flexibility in buyer …-seller relationships from a transaction cost economics perspective Rational flexibility in buyer-seller relationships - A real options … approach Real flexibility in buyer-seller relationships - An Austrian economics perspective …