28. - 29. Mai 2015


BELEC 2015
Cross-border Cooperations for Sustainable Energy Security - Theory and Policy Lessons from Different Sectors


28. - 29. Mai 2015

The Berlin Conference on Energy and Electricity Economics (BELEC) is a bi-annual conference, featuring both policy perspectives and state-of-the-art academic research. It brings together the Berlin policy and academic community with specialists from Germany, Europe, and all over the world.

This year's focus is on "cross-border coordination for sustainable energy security". Cross-border coordination of energy markets is essential to achieve the energy transformation in the European context and it is generally assumed to enhance efficiency and welfare. However, when it comes to the implementation of cross-border coordination many “seams issues” arise: the optimal scope of integration into single market zones, the sharing of costs and benefits, and the concrete steps of deploying cross-border agreements, etc. The sectors covered are electricty, natural gas, CO2, and also nuclear waste.

Keynote: Market Design, Market Integration and Energy Security - A North American Perspective
Ross Baldick | University of Texas

Session 1: Next Steps for Intraday and Balancing Markets: Learning from the Current Situation in Europe
Karsten Neuhoff | DIW Berlin: Intraday Auctions versus Continuous Trade
Tomasz Siewierski | Lodz University: Aligning System Requirements and Short Term Market Operation
Giorgia Oggioni | University of Brescia: Intraday e Balancing Markets in Italy: Approach, Lessons Learnt and Way Forward

Session 2: Coordination in European Natural Gas Markets 
Peter Hohaus | E.ON: Cross-border Coordination for Sustainable Energy Security - The Importance of Natural Gas 
Franz Hubert | HU Berlin: European Natural Gas Supply: Cooperative Game Theoretic Analysis
Franziska Holz | DIW Berlin: The Role of Natural Gas in a Low-Carbon Europe Infrastructure and Regional Supply

Session 3: Integration of Renewable Electricity Generation
Charlotte Senkpiel | Fraunhofer ISE: Cost Minimal Transformation Path of Central Europe’s Electricity System
Lion Hirth | PIK/neon energy: System-friendly Wind and Solar Power - How Advanced Plant Design Can Increase the Economic Value of Electricity Generated by Wind Power and Solar PV
Thure Traber | DIW Econ: Renewable Energy Support in Germany - Surcharge Development and the Impact of a Decentralized Capacity Mechanism

Session 4: CO2-Sequestration and Transport
Joachim Geske | FZ Jülich: Can Vessels Contribute to Economic Cross-border CO2 Transport Systems?
Pao-Yu Oei | TU Berlin/DIW Berlin: European-wide and Regional Scenarios for CO2 Infrastructure using CCTSMOD

Session 5: European Electricity Grid Expansion
Martin Greiner | Aarhus University: Power Flow Tracing in a Simplified Highly Renewable European Electricity Network
Jonas Egerer | DIW Berlin/TU Berlin: European Electricity Grid Infrastructure Expansion in a 2050 Context

Session 6: Carbon Markets 
Andreas Schröder | Vattenfall: EU ETS and the Market Stability Reserve
Aleksandar Zaklan | DIW Berlin: Does Free Permit Allocation Cause Higher Emissions in the European Electricity Sector? Evidence from a Natural Experiment

Session 7: A Renewable Energy Dominated Power Market: Challenges & Solutions for Market Design and Policy Instruments 
Christian Gambardella | PIK: Welfare Effects of Time-varying Capacity Pricing in Power Markets with High Shares of Fluctuating Renewable Energy Supply
Michael Pahle | PIK: A Comparison of the Effects of Different Instruments to Induce a High Share of Renewables in Electricity Markets
Wolf-Peter Schill | DIW Berlin: On the Relevance of Start-up Costs for Markets with Increasing Shares of Renewables

Session 8: Challenges in Electricity Regulation
Tobias Strobel | Stiftung Umweltenergierecht: The PCI-Regime: European Law’s Influence on Electricity Grid Expansion with a Focus on Cross-border Coordination
Franziska Flachsbarth | Oeko-Institut: Challenges in Energy System Planning, including Stakeholder Perspectives
Ann-Katrin Lenz | TU Berlin: Challenges for Financial and Regulatory Reforms in German Electricity Networks

Keynote: Opportunities for Regional Cooperation and Security of Supply in the Framework of the International Market
State Secretary Rainer Baake | Federal Ministry for Economic Affairs and Energy

Keynote: Market Design and Investments in the Electricity Sector
Achim Wambach | University of Cologne/Member of the Monopolies Commission

Session 1: Capacity Markets: Theory and Empirics 
Anette Boom | Copenhagen Business School: Price Regulations in a Multi-unit Uniform Price Auction
Sebastian Schwenen | DIW Berlin: Strategic Bidding in Multi-unit Auctions with Capacity Constrained Bidders: The New York Capacity Market

Session 2: International Experience: Latin America and Asia
Anoop Singh | Indian Institute of Technology Kanpur: Policy, Regulatory and Institutional Approach to Develop a Competitive Regional Power Market in South Asia
Juan Rosellón | DIW Berlin/CIDE: Reforming the Mexican Electricity Market: Design Issues and Transmission Regulation

Session 3: Coordination in European Electricity Markets 
Simeon Hagspiel | EWI: Long-term Effects of Congestion Management – Modeling Framework and Large Scale Application
Friedrich Kunz | DIW Berlin: The Benefit of Coordinating Cross-border Congestion Management

Session 4: Contracts in Natural Gas Markets 
Danila Bochkarev | East West Institute: Long-term Contracts are Dead: Vive Long-term Contracts? Policy Implications
Anne Neumann, Christian von Hirschhausen | TU Berlin/DIW Berlin: Long-term Contracts in the Natural Gas Sector: An International Survey

Panel Session on Nuclear Economics and Policy 

Book presentation „The Economics and Uncertainties of Nuclear Power“ François Lévêque | MINES ParisTech 

Book presentation: “Nuclear Waste Governance: An International Comparison“
Miranda Schreurs | FU Berlin