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A model for residual demand is proposed, which extends structural electricity price models to account for renewable infeed in the market. Infeed from wind and solar is modelled explicitly and withdrawn from total demand. The methodology separates the impact of weather and capacity. Efficiency is...
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Germany’s energy transition has been accompanied by a near doubling of power prices for private households since the … implications of Germany’s energy transition by investigating their electricity cost burden between 2006 and 2012, using data from … consumption as for heating purposes. Given Germany’s ambitious targets to expand the share of costly renewable technologies in …
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