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...

Die Marktprämie hat im ersten Jahr ihres Bestehens Entwicklungen angestoßen, die für die mittelfristige Marktintegration der erneuerbaren Energien sehr wichtig sind. Die Marktprämie eröffnet neuen Akteuren den Handel mit Strom aus erneuerbaren Energien und kann so Wettbewerb und Innovation...

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...