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We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in … the market dispatch while conventional capacity decreases in the southern zone. As the spatial imbalance of supply and …
Persistent link: https://www.econbiz.de/10010479927
of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times …-border strategic reserves to safeguard electricity supply and aid the energy transition in Germany and neighboring countries at large … security of electricity supply without distorting the EU’s internal electricity market. In addition, overall costs may decrease …
Persistent link: https://www.econbiz.de/10011294099
demand-supply framework that despite the swift, unpredicted change, the main impact was a significant increase in prices …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010388537
The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10013012930
Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power … standards. These standards take identical commodities — barrels of oil or kilowatt-hours of electricity — and differentiate them ….This Article documents the causes and effects of this trend toward boutique energy markets. It shows how consumer-driven supply …
Persistent link: https://www.econbiz.de/10012851952
demand- and supply situation to identify possible new price zone configurations. The algorithm is applied in a scenario … to cope with the increasing congestion in the electricity transmission grids. The significantly growing infeed from … analysis of six scenarios reflecting main drivers that influence the future development of European Electricity markets in line …
Persistent link: https://www.econbiz.de/10011761658
Persistent link: https://www.econbiz.de/10011704678
The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10011372115
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011584949
In the 1990s and early 2000s, a series of state and federal initiatives restructured electric markets. In many areas of the country generation was unbundled from transmission and distribution and competitive markets for energy generation were established. A decade has now passed since many of...
Persistent link: https://www.econbiz.de/10012056304