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opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound …, investors were willing to undertake investment in liberalized electricity markets based on mid-term contracting and retail …
Persistent link: https://www.econbiz.de/10010369937
Europe's most important exchanges for short-term electricity trading. This is to a significant extent due to renewable … similarly well suited for electricity contracts. We then identify fundamental drivers of price fluctuations. The relative share …
Persistent link: https://www.econbiz.de/10012860044
In an electricity system, demand and supply have to be balanced in real time. Since most energy is traded before real …-dominated electricity system using Switzerland as a case study. By using a short-term hydropower operation model and a set of Swiss …
Persistent link: https://www.econbiz.de/10014104595
What happens to the merit order of electricity markets when all electricity is supplied by intermittent renewable … energy sources coupled with large-scale electricity storage? With near-zero marginal cost of production, will there still be … a role for an energy-only electricity market? We answer these questions both analytically and empirically for …
Persistent link: https://www.econbiz.de/10014466955
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10009751726
planning of generators and cannot not be fully diminished by wind forecasts. In this paper we develop a stochastic electricity … market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …
Persistent link: https://www.econbiz.de/10009744986
The European electricity system is undergoing significant changes, not only with respect to developments in generation … 2013, European network operators formulated the Network Code on Electricity Balancing (NC EB) which foresees arrangements … welfare. Assuming that Switzerland adopts the \Electricity Agreement" which would make EU Electricity rulings binding also in …
Persistent link: https://www.econbiz.de/10010399782
planning of generators and cannot not be fully diminished by wind forecasts. In this paper we develop a stochastic electricity … market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …
Persistent link: https://www.econbiz.de/10013081586
Persistent link: https://www.econbiz.de/10012208632
Persistent link: https://www.econbiz.de/10010531293