How should we select winning bids of generation units for strategic reserves that consist of capacity bids and energy bids? In this paper, we analyze two selecting mechanisms (scoring rules): "simultaneous" and "sequential". In case of a simultaneous scoring rule, capacity and energy bids are...

Motivated by the initiation of the third EU ETS trading period in January 2013, this paper examines the effects of EUA price variations on the electricity mix. We focus on the German electricity market, since it is one of the most important EU electricity markets. In this context, we formulate a...

Seit der Deregulierung des deutschen Strommarktes im Jahre 1998 werden die Netznutzungsentgelte durch Verhandlungen zwischen den Energieerzeugern und den industriellen Nutzern festgelegt. Da die Stromnetze als nicht-bestreitbare natürliche Monopolisten anzusehen sind, können die Netzbetreiber...

Quality of Service, Efficiency, and Scale in Network Industries: An Analysis of European Electricity Distribution Christian Growitsch Tooraj Jamasb Michael Pollitt July 2005 No. 3 ...

Quality of service is of major economic significance in natural monopoly infrastructure industries and is increasingly addressed in regulatory schemes. However, this important aspect is generally not reflected in efficiency analysis of these industries. In this paper we present an efficiency...