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Weitere externe Aufsätze
We analyze optimal infrastructure investments for the integration of variable renewables in the German electricity system. Using a combined dispatch, transmission, and investment model, we compare four scenarios with different investment options, including gas-fired power plants, pumped hydro storage and transmission lines. In a reference scenario of the year 2024, geographically optimized investments ...
In:
11th International Conference on the European Energy Market (EEM)
Krakow : IEEE
7 S.
| Jonas Egerer, Wolf-Peter Schill
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Diskussionspapiere 1380 / 2014
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage model for grid investment: a benevolent planner decides on network upgrades, considering welfare benefits ...
2014| Alexander Zerrahn, Daniel Huppmann
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Diskussionspapiere 1379 / 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 studies aiming to identify the pan-European (continental) welfare-optimal transmission expansion, we investigate ...
2014| Daniel Huppmann, Jonas Egerer
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Diskussionspapiere 1418 / 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 free allocation of financial transmission rights to generation and load can be used to mitigate the distributional ...
2014| Friedrich Kunz, Karsten Neuhoff, Juan Rosellón
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Weitere referierte Aufsätze
We analyze distinctive investment scenarios for the integration of fluctuating renewables in the German power system. Using a combined model for dispatch, transmission, and investment, three different investment options are considered, including gas-fired power plants, pumped hydro storage, and transmission lines. We find that geographically optimized power plant investments dominate in the reference ...
In:
Economics of Energy and Environmental Policy
3 (2014), 2,S. 29-43
| Jonas Egerer, Wolf-Peter Schill
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Referierte Aufsätze Web of Science
The North and Baltic Seas Grid is one of the largest pan-European infrastructure projects, increasing the potential of harnessing large amounts of renewable energy. This paper addresses the economic implications of different development scenarios of the North and Baltic Seas Grid on individual countries and stakeholders which may raise concerns about the implementation in largely nationally dominated ...
In:
Utilities Policy
27 (2013), S. 123-134
| Jonas Egerer, Friedrich Kunz, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...
In:
Energy Economics
40 (2013), S. 760-772
| Karsten Neuhoff, Julian Barquin, Janusz Bialek, Rodney Boyd, Chris Dent, Franciso Echavarren, Thilo Grau, Christian von Hirschhausen, Benjamin F. Hobbs, Friedrich Kunz, Christian Nabe, Georgios Papaefthymiou, Christoph Weber, Hannes Weigt
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Diskussionspapiere 1330 / 2013
We study the effect of a merger in a dynamic high-technology industry-the videogame market- which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis comparing the price evolution of the merging parties to that of their 7 major competitors on an original sample ...
2013| Luca Aguzzoni, Elena Argentesi, Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Massimo Tognoni, Cristiana Vitale
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Diskussionspapiere 1321 / 2013
We quantify externalities on profitability and market shares of competing firms in oligopolistic markets through the transition from an n to an n - 1 player oligopoly after a merger. Competitors are identified via the European Commission's market investigations and our methodology allows us to distinguish the externality due to the change in market structure from the merger effect. We obtain results ...
2013| Klaus Gugler, Florian Szücs
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Diskussionspapiere 1317 / 2013
The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive combined analysis of electricity and ...
2013| Jan Abrell, Clemens Gerbaulet, Franziska Holz, Casimir Lorenz, Hannes Weigt