In many countries worldwide, investment in renewable technologies has been accelerated by the introduction of fixed feed-in tariffs for electricity from renewable energy sources (RES). While fixed tariffs accomplish this purpose, they lack incentives to align the RES production with price...

Since energy system models require a large amount of technical and economic data, their quality significantly affects the reliability of the results. However, some publicly available data sets, such as the transmission system operators' day-ahead load forecasts, are known to be biased and...

The investment decision on the placement of wind turbines is, neglecting legal formalities, mainly driven by the aim to maximize the expected annual energy production of single turbines. The result is a concentration of wind farms at locations with high average wind speed. While this strategy...

We propose an extension of the univariate Lorenz curve and of the Gini coefficient to the multivariate case, i.e., to simultaneously measure inequality in more than one variable. Our extensions are based on copulas and measure inequality stemming from inequality in each single variable as well...

This paper quantifies liquidity and credit premia in German and French government bond yields. For this purpose, we estimate term structures of government-guaranteed agency bonds and exploit the fact that any difference in their yields vis-`a-vis government bonds can be attributed to differences...

This paper quantifies the degree of market power in the German wholesale electricity market. A fundamental model is used to derive competitive marginal cost estimators which are compared with observed electricity prices. Marginal costs are calculated focusing on market fundamentals such as plant...

This paper analyzes the effects of start-up costs of different technologies in providing electricity power. We explicitly solve a simplified linear formulation of the dispatch problem. Transforming this primal problem, we show that dominated technologies should be used only in the case of...

Welche Chancen und Risiken ergeben sich aus der Schiefergasförderung in Europa und speziell in Deutschland? Nach Ansicht von Felix Müsgens, Brandenburgische Technische Universität Cottbus-Senftenberg, und Andreas Seeliger, Duale Hochschule Baden-Württemberg Mosbach, sollte die skeptische...

Die öffentliche Debatte über die Entwicklung der deutschen Strompreise im Anschluß an die Liberalisierung der Energiemärkte 1998 wirft die Frage nach einem Scheitern der Umstrukturierung dieser Märkte auf. Die Analyse der Entwicklung der Strompreise für Haushaltskunden von 1998 bis 2005...