The management of congestion within the German electricity transmission network has become more important during the last years. This emerging relevance is caused by the increase of renewable generation and the partial phaseout of nuclear power plants. Both developments yield a change in the...

This paper studies the impact of market specific news on the short-time forward premia on the Scandinavian electricity market. I show that the short time premia between the day-ahead and intra-day electricity prices on the Scandinavian market can be explained by the arrival of news specific to...

To date, the distributive implications of incentive regulation on electricity transmission networks have not been explicitly studied in the literature. More specifically, the parameters that a regulator might use to achieve distributive efficiency under price-cap regulation have not yet been...

The reliability of the electricity grid is of vital significance for the proper functioning of a society and its economy. The aim of this study is to develop a methodology to quantify differences in the electricity distribution grid's economic importance, and investigate limitations from its...

Die voranschreitende Digitalisierung führt in vielen Sektoren zu einer verstärkten Einbindung von Haushalten und dadurch zu neuen dezentralen Softwareanwendungen. In der Energiewirtschaft, insbesondere im Stromsektor, verlangt zusätzlich der kontinuierliche Ausbau dezentraler...

The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective function into the firm's profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes,the other based on constraints/ price caps. In spite of a...

The interest in low-carbon hydrogen technologies is growing fast in politics and the economy. The ramp-up of a hydrogen market is a critical phase, which requires the engagement and coordination of many heterogeneous stakeholders. A better understanding of who these stakeholders are and what...

This study analyzes the extent to which electricity consumers of different income levels would increase electricity consumption and change their coping behavior to deal with power outages in response to electricity reliability improvements. The empirical analysis is conducted in two steps: (1)...