This paper, which examines the impacts of phasing out nuclear power in Germany, is the first to include an analysis of energy supply security and critical line flows in both the German and Central European electricity networks. The technical-economic model of the European electricity market,...

Integrating large quantities of supply-driven renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the...

The North and Baltic Seas Grid is one of the largest pan-European infrastructure projects, increasing the potential of harnessing large amounts of renewable energy. This paper addresses the economic implications of different development scenarios of the North and Baltic Seas Grid on individual...

Die Europäische Kommission hat in ihrem Grünbuch "Ein Rahmen für die Klima- und Energiepolitik bis 2030" dazu aufgefordert, Einschätzungen für umwelt- und energiepolitische Entwicklungen jenseits des Jahres 2020 zu entwickeln. Allerdings beruht das Grünbuch ebenso wie die "Energy Roadmap...

In this paper we analyze the German congestion management regime and assess future congestion management costs given a higher share of intermittent renewable generation. In this context, cost-based re-dispatching of power plants and technical flexibility through topology optimization are...

This paper, which examines the impacts of phasing out nuclear power in Germany, is the first to include an analysis of energy supply security and critical line flows in both the German and Central European electricity networks. The technical-economic model of the European electricity market,...

We analyze the impact of the risk attitude of participating subjects in both single-sided uniform and pay-as-bid auctions using an experimental approach. The experiments are conducted in a stable demand environment with homogeneous groups, each consisting of five participants that exhibit either...

In this paper we compare different approaches to account for start-up costs when modeling electricity markets. We restrict the model formulation to either linear or mixed integer problems in order to guarantee a robust solution. The results indicate that the choice of the model has a significant...