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Germany's nuclear phase out and an increasing share of fluctuating RES production amplifies the North-South congestion … transfer of the PJM market design to Germany could be advantageous. This article compares key elements of the generation mix … assess potentials and impediments for an implementation of the PJM nodal market design in Germany. We show that both markets …
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This paper investigates the incentives market participants have in the German electricity balancing mechanism. Strategic over- and undersupply positions are the result of existing stochastic arbitrage opportunities between the spot market and the balancing mechanism. This strategic behavior can...
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The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which will not be available in a carbon neutral...
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