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Power system transformation towards renewables : an evaluation of regulatory approaches for network expansion
Egerer, Jonas; Rosellón, Juan; Schill, Wolf-Peter - 2013
dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
Persistent link: https://www.econbiz.de/10009771877
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A welfare analysis of the electricity transmission regulatory regime in Germany
Kemfert, Claudia; Kunz, Friedrich; Rosellón, Juan - 2015
We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with both cost-plus and revenue-cap regulations. After reviewing international experiences on transmission investment, we first make a qualitative assessment of the overall German...
Persistent link: https://www.econbiz.de/10011292834
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Coordinating cross-country congestion management
Kunz, Friedrich; Zerrahn, Alexander - 2016
We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and network. Implementing different cases of coordination in congestion management between national transmission system operators, numerical results show the beneficial impact of...
Persistent link: https://www.econbiz.de/10011436037
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Regulation and investment incentives in electricity distribution : an empirical assessment
Cullmann, Astrid; Nieswand, Maria - 2015
's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … specific heterogeneity. It should further include all institutional aspects of incentive regulation to design incentives that …
Persistent link: https://www.econbiz.de/10011373911
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FTR allocations to ease transition to nodal pricing : an application to the German power system
Kunz, Friedrich; Neuhoff, Karsten; Rosellón, Juan - 2014
A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how...
Persistent link: https://www.econbiz.de/10010417445
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Two price zones for the German electricity market : market implications and distributional effects
Egerer, Jonas; Weibezahn, Jens; Hermann, Hauke - 2015
We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in the market dispatch while conventional capacity...
Persistent link: https://www.econbiz.de/10010479927
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Market power and heterogeneous pass-through in German electricity retail
Duso, Tomaso; Szücs, Florian - 2016
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011553026
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National-strategic investment in European power transmission capacity
Huppmann, Daniel; Egerer, Jonas - 2014
The transformation of the European energy system requires substantial investment in transmission capacity to facilitate cross-border trade and to efficiently integrate renewable energy sources. However, network planning in the EU is still mainly a national prerogative. In contrast to other...
Persistent link: https://www.econbiz.de/10010349255
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Balancing reserves within a decarbonized European electricity system in 2050 : from market developments to model insights
Lorenz, Casimir - 2017
This paper expands the discussion about future balancing reserve provision to the long-term perspective of 2050. Most pathways for a transformation towards a decarbonized electricity sector rely on very high shares of fluctuating renewables. This can be a challenge for the provision of balancing...
Persistent link: https://www.econbiz.de/10011635894
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Coase and cap-and-trade : evidence on the independence property from the European electricity sector
Zaklan, Aleksandar - 2020 - This version: March 2020
This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...
Persistent link: https://www.econbiz.de/10012183177