Diese Studie untersucht die internationalen Erfahrungen mit marktbasiertem Redispatch. Der Fokus liegt auf zwei Ausprägungen von strategischem Verhalten: der Ausübung von Marktmacht und dem so genannten Inc-dec gaming. Dabei kommt die Untersuchung zu zwei zentralen Aussagen. Erstens, in der...

Market design for electricity often ignores network congestion initially and addresses it in a second, so-called 'redispatch' stage. For market participants, any two-stage design offers an opportunity to strategically optimize between the different market stages. The current debate is how to...

In response to the global climate challenge many countries are faced with increasing shares of energy from renewable sources in their power supply. The integration of RES (renewable energy sources) generation however entails technical as well as institutional challenges for power grids. This...

Diese Studie untersucht die internationalen Erfahrungen mit marktbasiertem Redispatch. Der Fokus liegt auf zwei Ausprägungen von strategischem Verhalten: der Ausübung von Marktmacht und dem so genannten Inc-dec gaming. Dabei kommt die Untersuchung zu zwei zentralen Aussagen. Erstens, in der...

Market design for electricity often ignores network congestion initially and addresses it in a second, so-called 'redispatch' stage. For market participants, any two-stage design offers an opportunity to strategically optimize between the different market stages. The current debate is how to...

This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity supply industry, although the analysis may apply also to other network industries. In an electric- ity system, the investment decisions of network and power plants need to be...

This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity supply industry, although the analysis may apply also to other network industries. In an electric- ity system, the investment decisions of network and power plants need to be...

Motivated by the European movement towards a separation of electricity networks from the competitive functions generation and supply this paper reviews theoretical and empirical literature on vertical synergies in electricity supply. In the analysis a clear distinction is made between four...

Some, like the European commission, claim that Europe needs more transmission capacity and interconnectors. This paper studies interconnector investment decisions from the perspective of a social cost benefit analysis (maximising total welfare in a country). For two European decisions to build...