The aim of this study is to analyze the impact of credit risk mitigation via margining on the optimal portfolio selection for power plants. We develop a model to estimate margining cashflows that is based on the clearing framework of the European Commodity Clearing AG (ECC), on stochastic...

In this paper we identify optimal strategies for the investment in power generation assets. The investments are characterized by multiple available technologies whose economic value is driven by a technology-specific combination of several underlying assets, such as the price of fuel,...

The integrated provision of energy among various energy sectors plays an important role in the process of decarbonisation of large energy systems. An important pillar is thereby the decarbonisation of the heat sector, where nowadays still a large percentage of heat supply originates from...