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Due to the call for further integration of European markets and the targeted climate goals, both European electricity … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …
Persistent link: https://www.econbiz.de/10012038962
Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling … underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the …
Persistent link: https://www.econbiz.de/10011750488
therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we …
Persistent link: https://www.econbiz.de/10011666918
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...
Persistent link: https://www.econbiz.de/10014240487
One of the major changes in european electricity markets is - besides the increasing share of renewable infeed - the … available interconnector capacity are not always auctioned independently from electricity. Instead, interconnector capacity is … implicitely auctioned in the Day-Ahead auction of electricity such that price differences between market areas are minimized …
Persistent link: https://www.econbiz.de/10013032367
We study the problem of optimal staged purchases of electricity in time-sequential deregulated electricity markets. In … recent years, the electricity industry has been deregulated and multiple time-sequential auction markets, such as the block … forward, the day-ahead and the hour-of, and the real-time electricity markets, are formed. Thus, a load serving entity need to …
Persistent link: https://www.econbiz.de/10012720929
We consider an electricity market organized with two settlements: one for a pre-delivery (day-ahead) market and one for … design of the electricity market influence the efficiency of the dispatch, measured by expected total cost or social welfare …
Persistent link: https://www.econbiz.de/10012984490
The diffusion of renewable electricity generating technologies is widely considered as crucial for establishing a … costs among all electricity consumers. This paper presents a novel history-friendly agent-based study aiming to explore the … is devoted to the possibility of small scale renewable electricity generation, but also to the storage of this …
Persistent link: https://www.econbiz.de/10011438476
strategy could significantly reduce the cost of increasing the share of greenhouse gas free wind and solar electricity … production in an electricity supply industry. …
Persistent link: https://www.econbiz.de/10012132625
Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply … intermittent renewable supply affect forward premiums in German electricity markets. We contribute to the existing literature by …
Persistent link: https://www.econbiz.de/10011569766