We develop a dispatch and investment model to study the role of power storage and other flexibility options in a greenfield setting with high shares of renewables. The model captures multiple system values of power storage related to arbitrage, dispatchable capacity, and reserves. In a baseline...

The management of congestion within the German electricity transmission network has become more important during the last years. This emerging relevance is caused by the increase of renewable generation and the partial phaseout of nuclear power plants. Both developments yield a change in the...

In the second year after the shutdown of seven nuclear power plants in March 2011, the situation of the German high voltage electricity transmission grid remained robust. Even though some expansion projects are behind schedule, the grid reconstruction advances steadily as several essential lines...

Lack of transmission capacity hampers the efficient integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate to what extent the expansion of the transmission grid promotes competition, efficiency, and welfare. This work...

The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of power storage may play a part in this, yet there is competition with other options on the production or demand side. In the short term, the further expansion of electricity...

The German energy transition makes it necessary to increase flexibility in the electricity system. Different forms of power storage may play a part in this, yet there is competition with other options on the production or demand side. In the short term, the further expansion of electricity...

Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage...

We examine the role of prosumage of solar electricity, i.e. PV self-generation combined with distributed storage, in the context of the low-carbon energy transformation. First, we devise a qualitative account of arguments in favor of and against prosumage. Second, we give an overview of...

Ausgehend von einem niedrigen Niveau ist die Eigenstromversorgung mit Solarenergie und Batteriespeichern in Deutschland in den letzten Jahren deutlich gewachsen. Diese Entwicklung ging insbesondere auf den gegenläufigen Trend von Haushaltsstrompreisen und Einspeisetarifen sowie eine staatliche...