Despite the ongoing appetite of financial investors for merchant investments into the European electricity network, the EC is reluctant to approve such undertakings, thus implicitly favoring regulated investments. Based on a two-level model, we analyze the impact of profit-maximizing merchant...

Despite the ongoing appetite of financial investors for merchant investments into the European electricity network, the EC is reluctant to approve such undertakings, thus implicitly favoring regulated investments. Based on a two-level model, we analyze the impact of profit-maximizing merchant...

The infrastructure required to assure a reliable, clean, and economic electricity system is among the crucial conditions that have to be established for the energiewende to succeed. This chapter summarizes issues surrounding electricity transmission in the context of the energiewende. Even...