The German feed-in support of electricity generation from renewable energy sources has led to high growth rates of the supported technologies. Critics state that the costs for consumers are too high. An important aspect to be considered in the discussion is the price effect created by renewable...

Abstract: Das vorliegende Buch beschreibt die Entwicklung und Anwendung eines agentenbasierten Simulationsmodells für den deutschen Strommarkt. Liberalisierung, verstärkte Anstrengungen zur Reduktion von Treibhausgasemissionen und der massive Ausbau erneuerbarer Energien haben zu einem Umbruch...

This paper evaluates different financial price and time series models, such as mean reversion, autoregressive moving average (ARMA), integrated ARMA (ARIMA) and general autoregressive conditional heteroscedasticity (GARCH) process, usually applied for electricity price simulations. However, as...

Wind power generation and its impacts on electricity prices has strongly increased in the EU. Therefore, appropriate mark-to-market evaluation of new investments in wind power and energy storage plants should consider the fluctuant generation of wind power and uncertain electricity prices, which...

To meet existing and future targets for renewable energy sources, national governments, EU policymakers and electricity market stakeholders have a pronounced interest in designing optimal instruments for the promotion of Renewable Energy Sources in the Electricity sector (RES-E). This paper...

This paper aims at giving a critical picture of the expenditures in research, development and demonstration (RD&D) for renewable energy sources (RES) in the EU-15 Member States. By providing this objective a number of performance indicators are proposed, evaluated and discussed. RD&D performance...

The multidimensional character of renewable energy sources (RES) necessitates the collection of a number of related data in order to support EU policy needs. Apart from the technology and techno-physical data also socioeconomic (e.g. employment, turnover) data and R&D expenditures are of...