Kazakhstan envisions a transition towards a green economy in the next decades which poses an immense challenge as the country heavily depends on (hydro-)carbon resources, for both its economy and its energy system. In this context, there is a lack of comprehensive and transparent planning tools...

Increasing renewable penetration has given rise to a series of challenges as regards the ability of electricity systems to balance supply and demand, particularly with high levels of intermittent renewable generation. This new scenario requires a detailed quantitative assessment of the way in...

Adequately designed prices are essential to achieve efficient coordination between the electricity network and market participants. However, consumer prices comprise several, possibly distorting price components. In an analytical model, we examine different regulatory settings, consisting of...

This article explores key market design issues to be addressed in future electricity markets dominated by intermittent renewable generation with near zero private marginal costs for generating electricity. Changing technology mixes will change market outcomes, but they do not change the...

In electricity markets globally, market participants and policymakers increasingly focus on integrating adjacent, yet separate market areas via cross-border trade in electricity. Based on a discussion of the institutional framework for organizing cross-border trade, this paper analyzes how spot...

New and alternative delimitations of price zones for Central Western Europe (CWE) might constitute a mid-term solution to cope with the increasing congestion in the electricity transmission grids. The significantly growing infeed from renewable energy sources puts more and more pressure on the...

Der angestrebte Umbau der Energieversorgung wird die Rationalität des Stromsystems vollständig verändern, indem die fluktuierenden erneuerbaren Energien (FEE, das heißt Wind, Photovoltaik und große Teile der Laufwasserkraft) zu den prägenden Systemsäulen werden. Die FEE sollen sukzessive...

The transformation of the energy system causes increasing stress on distribution grid components. However, ŕexible EV charging, if incentivized adequately, can help mitigate this impact by reducing peaks in loads and feed-in. A comprehensive regional analysis is necessary to understand the...

Adopting electric vehicles (EVs) and implementing variable electricity tariffs increase peak demand and the risk of congestion in distribution grids. To avert critical grid situations and sidestep expensive grid expansions, Distribution System Operators (DSOs) must have intervention rights,...

We consider the energy transition in a tractable model of electricity markets that includes renewables with storage. Storage smooths costs over time and complements the intermittency of renewables. We calibrate our model to data from Uruguay, Brazil, and Argentina, countries with different...