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 …

We investigate the impact of pricing policies (i.e., flat pricing versus peak pricing) on the investment levels of a … utility firm in two competing energy sources (renewable and conventional), with a focus on the renewable investment level. We … consider generation patterns and intermittency of solar and wind energy in relation to the electricity demand throughout a day …

The transformation of the European energy system requires substantial investment in transmission capacity to facilitate …-optimal transmission expansion, we investigate the impact of national regulators deciding on network investment strategically, with the aim …), each taking into account the impact of network expansion on the electricity spot market and the resulting welfare effects …

The electricity sector plays a key role in achieving zero-emission targets. The required transition will lead to … substantial changes in the supply, demand, and distribution of electricity but also in stakeholder roles. Future market designs … paper reviews the characteristics of future carbon-neutral electricity systems and electricity market design options. To …