Within recent years, energy policies have imposed a number of targets at European and national level for rational use of energy (RUE), renewable energy sources (RES) and related CO2 reductions. As a result, a wide variety of policy instruments is currently implemented and hence the question...

Virtually all goods and services that characterize modern societies' welfare depend on the provision of commercial energy. The core objective of this paper is to identify necessary changes in trends for achieving a transition towards more sustainable energy systems and development paths. The...

Since the liberalisation of the European electricity sector, forward and futures contracts have gained significant interest of market participants due to risk management reasons. For pricing of these contracts an important fact concerns the non-storability of electricity. In this case, according...

Market integration of Renewable Energy Technologies for Electricity (RES-E) generation is one of the core topics in the energy policy agenda of the European Commission (EC). However, legislation in this context still faces a variety of lacks (e.g. ignoring unbundling principles) in almost all...

In this paper, the features and the most important results of the computer model ElGreen will be presented. With the help of the computer model it is possible to simulate various promotion strategies for different technologies in all EU countries. Policies that can be selected are the most...