We study two electricity markets connected by a fixed amount of cross-border capacity. The total amount of capacity is known to all electricity traders and allocated via an auction. The capacity allocated to each bidder in the auction remains private information. We assume that traders are faced...

This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We compare hourly price data of the European Energy Exchange (EEX) auction and of the continuous over-the-counter (OTC) market which takes place prior to the EEX auction. Data...

Mit dem Praxisbuch bereiten die Autoren Orientierungswissen für die Modernisierung der Informations- und Kommunikations-Infrastrukturen für die Unternehmens-IT der Zukunft auf. Dazu werden die verfügbaren, schon praxisreifen neuen Technologien und deren Nutzung in ihren jeweiligen...

In this article we demonstrate how challenging greenhouse gas reduction targets of up to 95% until 2050 can be achieved in the German electricity sector. In the analysis, we focus on the main requirements to reach such challenging targets. To account for interdependencies between the electricity...