This paper applies ELMOD, an economic-engineering model of the European electricity market to the issue of optimal investment placing of generation capacity in Germany under different market integration scenarios. The model is formulated as cost minimization approach. We conduct a scenario...

Many of the European energy markets are characterized by dominant players that own a large share of their respective countries' generation capacities. In addition to that, there is a significant lack of cross-border transmission capacity. Combining both facts justifies the assumption that these...