Balancing power markets ensure the short-term balance of supply and demand in electricity markets and their importance may increase with a higher share of fluctuating renewable electricity production. While it is clear that shorter tender frequencies, e.g. daily or hourly, are able to increase...

Uncertainty about renewable production increases the importance of sequential short-term trading. We consider a two-stage market where conventional and renewable producers compete in order to satisfy the demand of consumers. The trading in the first stage takes place under uncertainty about...

Uncertainty about renewable production increases the importance of sequential short-term trading. We consider a two-stage market where conventional and renewable producers compete in order to satisfy the demand of consumers. The trading in the first stage takes place under uncertainty about...

Die Kosten der EEG-Umlage sind hoch wie noch nie. Im Jahr 2018 kosteten die Auflagen durch das EEG (Erneuerbare-Energien-Gesetz) die Stromkunden insgesamt 26,6 Milliarden Euro. Deshalb ist es wichtig, dass die Förderungen für den Ausbau von Stromerzeugungsanlagen erneuerbarer Energien nicht...

Turkey is a key country in order to realize the Southern Gas Corridor (SGC) due to its geographical location. However, as the main transit country within the SGC, Turkey could potentially exert market power with gas transits. Whether Turkey exerts market power or not, is crucial for an economic...