In this paper, the role of the Internet as an instrument for investor relations activities is addressed. The empirical study compares the Internet investor relations activities of US, UK and German corporations. A sample comprising the respective country's relevant stock market 100 index (S&P,...

For the further development of an integrated European electricity market, congestion management mechanisms are one of the major market design issues. Against the background of increasing generation from RES and resulting congestions, an efficient management of network congestions is gaining...

<Para ID="Par1">The electricity generation mix of many countries is strongly dominated by fossil fuelled power plants. <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$\hbox {CO}_{2}$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <msub> <mtext>CO</mtext> <mn>2</mn> </msub> </math> </EquationSource> </InlineEquation> certificate trading is then advocated as a first best instrument for emission abatement in Europe, the US and beyond. An important element of the trading scheme...</equationsource></equationsource></inlineequation></para>

Future congestion management is one of the major market design issues in the European electricity market. In the light of the sharp increase in redispatch measures seen within the last years, the importance of an efficient management of network congestion increases particularly in Germany....

In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies available for serving system demand. While the classical peak load pricing theory derives the efficient portfolio structure from a deterministic marginal production cost curve ("merit...

In Germany and other Central and Northern European countries, energy demand for space heating dominates the energy demand of households. In line with European and national energy efficiency and emission reduction objectives, policy makers have identified the residential building sector...