electricity generated by large scale concentrated solar power (CSP) plants in highly productive areas that are connected to the … relationships via Smart Meters; iii) residential consumer to generate electricity via micro-photovoltaic plants, and iv) residential … consumer to generate virtual electricity via consumption management. We find that it becomes optimal to invest in grid …

Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply … intermittent renewable supply affect forward premiums in German electricity markets. We contribute to the existing literature by …