the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the … use a power systems model to simulate the whole European electricity market in 2030. Using the renewable revenues …

This paper exploits the exogeneity of weather conditions to evaluate renewable energy (RE) subsidy programs in Germany …

high availability of the primary energy source, they supply electricity at zero marginal costs, shift the supply curve … (merit-order curve) to the right and thereby reduce the equilibrium price of electricity during that hour. The size of this … intertemporal flexibility of the electricity system. Thus the price of wind power falls with higher penetration rates, even if the …