energies being used. Supporters of these schemes often argue that investment risk reduction is essential to achieve ambitious …/renewable auctions) in terms of efficacy and efficiency and also quantify investment risks, assuming an uncertain investment environment …, represented by different information shocks on demand, investment and fuel cost. We use a long-term electricity market equilibrium …

energies being used. Supporters of these schemes often argue that investment risk reduction is essential to achieve ambitious …/renewable auctions) in terms of efficacy and efficiency and also quantify investment risks, assuming an uncertain investment environment …, represented by different information shocks on demand, investment and fuel cost. We use a long-term electricity market equilibrium …

optimization. The approach can be described as a detailed dispatch model with adjustments towards an investment model. The results …

used as investment stimuli. We prove that, contrary to what is expected, ROs can harm the security of supply by delaying …

traditions and is shown to apply well to electricity transmission pricing and investment. In particular, it induces immediately … optimal pricing/investment but is not based on subsidies. In the transmission application, the H-RG-V approach is based on a …