opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre-existing long-term contracts and formulated strict criteria for new long-term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …

This paper provides a description of ELMOD, a model of the European electricity market including both generation and …, congestion management, and investment decisions, with a focus on Germany and Continental Europe. ELMOD is a bottom-up model … Public Sector Management (EE2) at Dresden University of Technology in order to analyze various questions on market design …