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In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10003898588
US ratification would significantly reduce the demand for permits. Consequently, the price of permits under Annex 1 …
Persistent link: https://www.econbiz.de/10011596604
Persistent link: https://www.econbiz.de/10010190186
We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro storage operation. We find that introducing storage...
Persistent link: https://www.econbiz.de/10012040651
Persistent link: https://www.econbiz.de/10001674574
We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main finding is that both storage utilization and...
Persistent link: https://www.econbiz.de/10011309866
electricity market with a game-theoretic model. Electric vehicles bring both additional demand and additional storage capacity to … from the price-smoothing effect of additional storage, whereas consumers benefit despite increasing overall demand. Results …
Persistent link: https://www.econbiz.de/10014187378
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10014200939
Persistent link: https://www.econbiz.de/10009316434
electricity market with a game-theoretic model. Electric vehicles bring both additional demand and additional storage capacity to … from the price-smoothing effect of additional storage, whereas consumers benefit despite increasing overall demand. Results …
Persistent link: https://www.econbiz.de/10009272595