Energiemärkte sind längst Dauerbrenner der öffentlichen wie wissenschaftlichen Regulierungsdebatte geworden. Immer wieder wird die Frage nach effektivem Wettbewerb in der Energieversorgung kontrovers beantwortet, nicht zuletzt unter dem Eindruck steigender Energiepreise. Neben einer rein...

Rund 29% des jährlichen Endenergieverbrauchs in Deutschland entfällt laut der Arbeitsgemeinschaft Energiebilanzen (AGEB) auf den Sektor der privaten Haushalte. Weitere 29% der Endenergie werden vom Verkehrssektor verbraucht (AGEB 2023a). Haushalte verwenden Energie insbesondere für die...

Rund 28% des jährlichen Endenergieverbrauchs in Deutschland entfällt laut der Arbeitsgemeinschaft Energiebilanzen (AGEB) auf den Sektor der privaten Haushalte. Weitere 29% der Endenergie werden vom Verkehrssektor verbraucht. Haushalte verwenden Energie insbesondere für die Erzeugung von...

Massive digitalization advances have made demand response (DR) programs feasible in the residential sector; however, most households in Latin America and the Caribbean (LAC) region do not know about these types of programs. In this report, the authors explore experiments about the willingness of...

This paper analyzes the effects of providing feedback on electricity consumption in a field trial involving more than 1,500 households in Linz, Austria. About half of these households received feedback together with information about electricity-saving measures (pilot group), while the remaining...

This study applies financial portfolio theory to determine efficient electricity-generating technology portfolios for the United States and Switzerland, adopting an investor point of view. Expected returns are defined by the rate of decrease of power generation cost (with external costs...

This study applies financial portfolio theory to determine efficient electricity-generating technology mixes for Switzerland and the United States. Expected returns are given by the (negative of the) rate of increase of power generation cost. Volatility of returns relates to the standard...

This paper characterizes the Nash equilibrium in a pay-as-bid (discriminatory), divisible-good, procurement auction. Demand by the auctioneer is uncertain as in the supply function equilibrium model. A closed form expression is derived. Existence of an equilibrium is ensured if the hazard rate...

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction, and the market is cleared at the price of the most expensive offer needed to meet realised demand. Such markets can most elegantly be modelled as the pure-strategy, Nash...