In Europe, the ongoing renewable expansion and delays in the planned grid extension have intensified the discussion about an adequate electricity market design. Against this background, we jointly apply an agent-based electricity market model and an optimal power flow model to investigate the...

On the roadmap to reach the climate targets, Europe is committed to increase offshore wind power generation substantially from today towards 2050. This raises the question, what infrastructure layout efficiently integrates offshore wind power into the transmission grid. It is commonly addressed...