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Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity system and market models that have been developed and...
Persistent link: https://www.econbiz.de/10011810851
The harmonization and integration of separate national energy markets to an interconnected internal European market is a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a higher degree of integration can cause unilateral...
Persistent link: https://www.econbiz.de/10011374098
The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...
Persistent link: https://www.econbiz.de/10010388537
Persistent link: https://www.econbiz.de/10011896531
System security in electricity markets relies crucially on the interaction between demand and supply over time. However, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming perfectly inelastic demand might lead to delusive...
Persistent link: https://www.econbiz.de/10011517142
Forecasting hourly electricity prices and their characteristic properties is a core challenge for energy generation companies and trading houses. The short-term marketing and purchase of electricity is usually managed with standardized products traded on different markets and with specific...
Persistent link: https://www.econbiz.de/10012660776
As redispatch costs and their associated distributional impacts continue to rise, the discussion on reconfiguring bidding zones in European power markets persists. However, determining an appropriate bidding zone configuration is a non-trivial task, as it must prove beneficial under varying...
Persistent link: https://www.econbiz.de/10014485600
Im Zuge der Energiewende hat die Bundesregierung weitreichende Energieeffizienzziele definiert. Für die energetische Sanierung des Bestandes an Wohngebäuden wird eine Verdopplung der jährlichen Sanierungsrate von ein auf zwei Prozent angestrebt. Das DIW Berlin hat die hierfür notwendigen...
Persistent link: https://www.econbiz.de/10010331143
As part of the energy transition process, the German government has set far-reaching energy efficiency targets, including doubling the annual rate of building renovation to upgrade energy performance from one to two percent. DIW Berlin has estimated the additional energy-savings-related...
Persistent link: https://www.econbiz.de/10010343161
Im Zug der Energiewende sind in den letzten Jahren die Anforderungen an das Stromnetz kontinuierlich gestiegen, insbesondere wird die Optimierung der Nutzung vorhandener Ressourcen durch das sogenannte Engpassmanagement - den Umgang mit Engpässen im Netz - bedeutsamer. Vor diesem Hintergrund...
Persistent link: https://www.econbiz.de/10010484691