decommissioning the nuclear power plants for the electricity market and the whole economy. We expect that increased renewable … will have to rely on more imports of electricity, moving away from the export surpluses realized almost every year since … electricity trade is constrained to balance over the year and the supply gap is closed by relaxing the existing restrictions on …

opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre-existing long-term contracts and formulated strict criteria for new long-term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to … physical settlement during the second market phase of the EU ETS. We employ a series of estimation methods that allow for an …