This paper provides a description of ELMOD, a model of the European electricity market including both generation and … Public Sector Management (EE2) at Dresden University of Technology in order to analyze various questions on market design …, congestion management, and investment decisions, with a focus on Germany and Continental Europe. ELMOD is a bottom-up model …

at developments following the introduction of market-based reserve management. We assess the dependence of the minute …This paper analyzes the functioning of the markets for electricity reserves in Germany. We provide an overview of the … technical requirements and the market design and structure of the primary, secondary and tertiary reserve markets, and then look …

German electricity sector, for the five years 2006 through 2010. Based on a unit commitment model we estimate that CO2 … emissions from the electricity sector are reduced by 33 to 57 Mtons, or 10% to 16% of what estimated emissions would have been … consistently positive for the German electricity system, at least for these years, and on the order of 0.5% to 1.5% of emissions. …

intermittent renewable generation. As both the electricity and the natural gas market rely on networks, congestion on one market …Natural gas plays an important role in the future development of electricity markets as it is the least emission … may lead to changes on another. In addition, investments in one market have an impact in the other and may even become …