flexible trading arrangements. For the electricity markets, options to advance intraday and balancing market design are …Gas‐fired power plants constitute a direct and important link between the gas and the electricity sectors and thus … between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will …

Current EU short-term market designs for electricity face several challenges in (i) securing efficient system operation … gradual reform of market design and to guarantee secure operation of (cross-border) flexible resources, firm nominations for …

market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …In northern Europe wind energy has become a dominating renewable energy source due to natural conditions and national …

analysis, we use an electricity market model with a detailed representation of power plants, scheduled power withdrawals and …The European electricity system is undergoing significant changes, not only with respect to developments in generation … by regulators, network operators and the European Commission with the objective to create an \Internal Energy Market". In …

market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …In northern Europe wind energy has become a dominating renewable energy source due to natural conditions and national …

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 …

electricity (MVEs) and more hours of relatively high MVEs, than today. This result stems from the shift away from systems …. Such dramatically different MVE distributions also imply that, under an energy-only market design, resources are likely to … earn most of their revenues on sales in a handful of hours. To minimize the cost of electricity and to encourage cost …