Common intuition holds that retail real-time pricing (RTP) of electricity demand should become more beneficial in … markets with high variable renewable energy (VRE) supply mainly due to increased price volatility. Using German market data …, we test this intuition by simulating long-run electricity market equilibria with carbon-tax-induced VRE investment and …

Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply … as a result of the German energy transition. This paper presents an empirical analysis of how power shocks resulting from … intermittent renewable supply affect forward premiums in German electricity markets. We contribute to the existing literature by …