In the aftermath of the nuclear catastrophe in Fukushima, German nuclear policy has been reconsidered. This paper demonstrates the economic effects of an accelerated nuclear phase-out on the German electricity generation sector. <p> A detailed optimization model for European electricity markets is...</p>

Renewable energies are meant to produce a large share of the future electricity demand. However, the availability of wind and solar power depends on local weather conditions and therefore weather characteristics must be considered when optimizing the future electricity mix. <p>In this article we...</p>

In this article we analyze the value of thermal energy storages in concentrated solar plants depending on the electricity generation mix. To determine the value from a system integrated view we model the whole electricty generation market of the Iberian Peninsula. <p> Key findings for thermal...</p>

A strong and intermeshed electricity grid allows the cost-efficient achievement of renewable energy targets by enabling the use of favorable sites and by facilitating the balancing of stochastic infeed from renewables and electricity demand. However, construction of new lines is currently...

In this article we demonstrate how challenging greenhouse gas reduction targets of up to 95% until 2050 can be achieved in the German electricity sector. In the analysis, we focus on the main requirements to reach such challenging targets. To account for interdependencies between the electricity...

The European Union aims to reduce greenhouse gas emissions by 80–95% in 2050 compared to 1990 levels. The transition towards a low-carbon economy implies the almost complete decarbonization of Europe's power sector, which could be achieved along various pathways. In this paper, we evaluate the...

In this working paper we demonstrate how challenging greenhouse gas reduction targets of up to 95% until 2050 can be achieved in the German electricity sector. In the analysis, we focus on the main requirements to reach such challenging targets. To account for interdependencies between the...