Natural gas plays an important role in the future development of electricity markets as it is the least emission intensive fossil generation option while additionally providing the needed flexibility in plant operation to deal with intermittent renewable generation. As both the electricity and...

Die Workshopdokumentation geht insbesondere der Frage nach, ob – angesichts bestehender und immer deutlicher werdender ökonomischer Anreize, mit Energie und Ressourcen sparsam umzugehen – staatliche Eingriffe (noch) notwendig sind. Soll in die entstehenden Märkte interveniert werden? Mit...

Real life applications of Yardstick Regulation frequently refer to historical cost data. While Yardstick Regulation cuts the link between firms own costs and prices firms may charge in a static setting, it does not in a dynamic setting where historical cost data is used. A firm can influence the...