Based upon probabilistic reliability metrics, we develop an optimization model to determine the efficient amount and location of firm generation capacity to achieve reliability targets in multiregional electricity systems. A particular focus lies on the representation and contribution of...

Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...

This thesis focuses on demand side developments and on the regulated as well as the economic framework conditions those storage technologies have to compete in and draws a clear picture of the economic feasibility of large scale storage options in Central Europe for the coming decades. The...