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Persistent link: https://www.econbiz.de/10002021980
In order to incorporate demand interdependencies into the analysis of fairness between the different consumer groups of a multi-product public utility, Baumol (1986) designed the burden test. This test checks whether the price of a single good generates net incremental revenues which cover at...
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Abstract The increasing share of renewables in generation leads to a structural change in electricity markets. As the utilization of conventional generators decreases in the short run, fixed costs of those power plants have to be recovered through high price spikes in times of scarce capacities....
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The increasing share of distributed generation causes massive network investment. Energy and network pricing can help to reduce the investment need. This paper examines and discusses different models for locational pricing in the distribution network. Locational energy pricing is largely...
Persistent link: https://www.econbiz.de/10010860639
For the large-scale integration of electricity from renewable energy sources (RES-E), the German system seems to reach its limits. In 2009, the electricity wholesale market experienced serious negative prices at times of high wind and low demand. The feed-in system in Germany consists of a fixed...
Persistent link: https://www.econbiz.de/10010860640
Energy and climate policy drive large scale integration of distributed generation and demand side management, with massive consequences for distribution grids. New technologies and actors shape the transformation of electricity networks towards smart systems. We argue that future regulation of...
Persistent link: https://www.econbiz.de/10010988306
Locational pricing can reduce the investment needs arising in distribution networks from the transformation towards smart grids with high shares of renewable generation. We analyse different approaches. Locational signals in a general tariff plan for either energy or network pricing require...
Persistent link: https://www.econbiz.de/10011042847
This book fills a gap in the existing literature by dealing with several issues linked to long-term contracts and the efficiency of electricity markets. These include the impact of long-term contracts and vertical integration on effective competition, generation investment in risky markets, and...
Persistent link: https://www.econbiz.de/10011174417