Smart contracts based on voluntary participation and optionality can be a low transaction cost solution to implement locational signals in distribution networks and thereby avoid network investment. This paper examines the efficiency properties of smart contracts. Based on a three-node example...

Self-supply can destabilize the finance of a distribution network. This paper analyses under which circumstances the tariff structure of a distribution network is stable or unstable under pressure of self-supply and provides recommendation how to change the tariff structure to restore stability...

This paper aims at contributing to the further development of the governance structure of the internal energy market by evaluating the process of the development of network codes, that is, the technical rules governing access to – and functioning of the cross border electricity grid, against...

Mit der Einführung einer staatlichen Regulierung der Energienetze wurde in Deutschland das gescheiterte Experiment eines verhandelten Netzzugangs beendet. Nach dem novellierten Energiewirtschaftsgesetz hat seit Mitte 2005 die Bundesnetzagentur die Aufgabe, für einen diskriminierungsfreien...