Download or read book Analysis of the German and European Electric Power Market written by Nicolai Westsee and published by . This book was released on 2014-03-24 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Economics - Case Scenarios, grade: 2,0, University of Hannover, language: English, abstract: The main goal of this term paper is to give an overview about differences within the European market and their advantages and disadvantages. Additionally the historical development of energy markets and the future perspective, influenced by the development of the renewables shall be pointed out. The next part, after this introduction, is about the historical development of the electric power market in Europe with a focus on the German market liberalization. In section three, the two different market models Open-Market model and Pool-Market model are discussed. After an explanation and a comparison of the two models, the trend towards renewables is taken into account. The focus lays on the development, the integration into the different existing electricity-markets in Germany and Spain and on their impacts on these markets. Based on a study of Makkonen et al. from 2012, published in the journal Energy Policy an extensive outlook in future requirements, changes and possibilities of the development of a single European Electricity Market, this term paper will be concluded.
Download or read book Analysis of the German and European Electric Power Market written by Nicolai Westsee and published by GRIN Verlag. This book was released on 2014-03-24 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Economics - Case Scenarios, grade: 2,0, University of Hannover, language: English, abstract: The main goal of this term paper is to give an overview about differences within the European market and their advantages and disadvantages. Additionally the historical development of energy markets and the future perspective, influenced by the development of the renewables shall be pointed out. The next part, after this introduction, is about the historical development of the electric power market in Europe with a focus on the German market liberalization. In section three, the two different market models Open-Market model and Pool-Market model are discussed. After an explanation and a comparison of the two models, the trend towards renewables is taken into account. The focus lays on the development, the integration into the different existing electricity-markets in Germany and Spain and on their impacts on these markets. Based on a study of Makkonen et al. from 2012, published in the journal Energy Policy an extensive outlook in future requirements, changes and possibilities of the development of a single European Electricity Market, this term paper will be concluded.
Download or read book The Evolution of Electricity Markets in Europe written by Leonardo Meeus and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.
Download or read book Case Study written by Carsten Dümichen and published by . This book was released on 2012-11-07 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Economics - Micro-economics, grade: 1,7, University of Erfurt, language: English, abstract: Table of Content 1. Introduction 2. Historical background 2.1 History of Energy supply 3. European Perspective 4. Current Situation 5. Why Regulation is needed 6. Liberalisation 6.1 Legal background of liberalization 6.1.1 European Single Market policy 96/92/EG 6.1.2 European Single Market policy 200/54/EG 7. Regulation 7.1 Cost-based Regulation 7.2 Why changing it to incentive regulation 8. Incentive Regulation 9. Conclusion 10. References Regulation of Electric Power in Germany 1. Introduction The electricity market in Germany was faced with loads of changes since the 19th century, when it all began due to Werner von Siemens (and among others) and his first electric generator. But soon electricity became a public good and the governments realized, that it needed to be provided to every citizen. Therefore many different systems, regulations and deregulations were implemented over time. After a historical overview and a European perspective on the electricity market, we present you the Liberalization process and its cost-based regulation and, as a last point, the change to incentive regulation. 2. Historical background 2.1 The History of Energy Supply in Germany With the first street light in Berlin in 1884 the history of public energy supply in Germany begun. Following the example of Berlin and other cities in the world, in the next decades other German cities developed an urbanized network of several power stations. Already at the beginning of the 20th century there was laid out the first long-distance cable and there were several German power stations which offered a cheaper price for power at night for consistent capacity utilization. In 1938 the German Energy Industry Act mandated the electricity supply under the supervision of the German Reich, therefore the National Commissioner was then responsib
Download or read book Deregulated Day Ahead Electricity Markets in Southeast Europe written by Antanina Hryshchuk and published by . This book was released on 2018 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Southeast European countries are currently undergoing a process of liberalization of electric power markets. The paper analyses day-ahead price dynamics on some of these new markets and in Germany as a benchmark of a completely decentralized Western European market. To that end, several price forecasting methods including autoregressive approaches, multiple linear regression, and neural networks are considered. These methods are tested on hourly day-ahead price data during four two-week periods corresponding to different seasons and varying levels of volatility in all selected markets. The most influential fundamental factors are determined and performance of forecasting techniques is analysed with respect to the age of the market, its degree of liberalization, and the level of volatility. A comparison of Southeast European electricity markets of different age with the older German market is made and clusters of similar Southeast European markets are identified.
Download or read book The Electricity Market in Germany Regarding the EU Directives to Market Liberalisation written by Valentin Balint Pikler and published by GRIN Verlag. This book was released on 2010-07 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2010 in the subject Business economics - Economic Policy, grade: 1, Oxford Brookes University, language: English, abstract: The main understanding of this work will suggest that the electricity market liberalisation need a new impulse from the biggest market players and from the regulators. The liberalisation process is defaulting; the practice and implementation should more precedes as the electricity market in the EU. The base; the Directives are settled by the Commission. The implementation by the big four companies on the market is be a long time coming. There is a wide range of different national experiences of liberalisation electricity markets in terms of the degree of the concentration of generation, the stringency of unbundling public ownership and regulatory institutions. The thesis is combining the "Third Party Access" and the "Single Buyer Model" with its empirical evidence and their implementation for Germany. However, the results of this report will reach a number of significant conclusions at the end of the thesis and will make several policy recommendations. (Blaxter,2006). It draws a distinction between observations that are relevant to the design a well functioned electricity markets. The German electricity sector has undergone considerable changes throughout the past few years (RWE, 2007). Main developments were related to liberalisation of electricity markets (generation and sell of power) and transport of electricity (grid operations), the evolving European CO2 emissions trading scheme and the promotion of renewable electricity generation.
Download or read book Energiewende Made in Germany written by Christian von Hirschhausen and published by Springer. This book was released on 2018-12-24 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of the energy transformation process ongoing in Germany, now commonly referred to as energiewende, in the European context, with a focus on the electricity sector. It presents an expert look at the origins of the German energiewende, its concrete implementation, its impacts within the European context as well as medium and long-term perspectives. The authors, internationally recognized energy, electricity, and climate economists at the German Institute for Economic Research (DIW Berlin) and Berlin University of Technology, conclude that the first years of the energiewende have successfully laid the foundation for a renewables-based electricity system in Germany, but that challenges remain in relation to decarbonizing the electricity system and phasing out nuclear energy. The authors also provide ground-breaking insights to inform energy policy in other countries and at the European level. In the outlook, the authors explore upcoming issues, such as coupling between the electricity and other sectors, and behavioral changes of industry and households. The book addresses readers in the energy industry, energy and climate policymakers, regulators, and others interested in the low carbon energy system transformation in Germany, Europe, and worldwide.
Download or read book Evolution of Global Electricity Markets written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2013-06-10 with total page 867 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get the latest on rapidly evolving global electricity markets direct from the scholars andthought leaders who are shaping reform. In this volume, dozens of world-class expertsfrom diverse regions provide a comprehensive assessment of the relevant issues intoday’s electricity markets. Amid a seething backdrop of rising energy prices, concerns about environmentaldegradation, and the introduction of distributed sources and smart grids, increasinglystringent demands are being placed on the electric power sector to provide a morereliable, efficient delivery infrastructure, and more rational, cost-reflective prices. Thisbook maps out the electric industry’s new paradigms, challenges and approaches,providing invaluable global perspective on this host of new and pressing issues beinginvestigated by research institutions worldwide. Companies engaged in the powersector’s extensive value chain including utilities, generation, transmission & distributioncompanies, retailers, suppliers, regulators, market designers, and the investment &financial rating community will benefit from gaining a more nuanced understanding ofthe impacts of key market design and restructuring choices. How can problems beavoided? Why do some restructured markets appear to function better than others?Which technological implementations represent the best investments? Whichregulatory mechanisms will best support these new technologies? What lessons canbe learned from experiences in Norway, Australia, Texas, or the U.K.? Thesequestions and many more are undertaken by the brightest minds in the industry in thisone comprehensive, cutting-edge resource. Features a unique global perspective from more than 40 recognized experts and scholars around the world, offering opportunities to compare and contrast a wide range of market structures Analyzes how the implementation of existing and developing market designs impacts real-world issues such as pricing and reliability Explains the latest thinking on timely issues such as current market reform proposals, restructuring, liberalization, privatization, capacity and energy markets, distributed and renewable energy integration, competitive generation and retail markets, and disaggregated vs. vertically integrated systems
Download or read book Regulation and Competition Policy in the Electricity Market written by Gert Brunekreeft and published by . This book was released on 2003 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oligopolistic Models of Electricity Markets in Europe Germany Analysis of Market Imperfections and Impacts of Liberalization written by Vitaliy Kalashnikov and published by . This book was released on 2009 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Market Reform written by Fereidoon Sioshansi and published by Elsevier. This book was released on 2006-04-13 with total page 687 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1980s, policy makers and regulators in a number of countries have liberalized, restructured or “deregulated their electric power sector, typically by introducing competition at the generation and retail level. These experiments have resulted in vastly different outcomes - some highly encouraging, others utterly disastrous. However, many countries continue along the same path for a variety of reasons. Electricity Market Reform examines the most important competitive electricity markets around the world and provides definitive answers as to why some markets have performed admirably, while others have utterly failed, often with dire financial and cost consequences. The lessons contained within are direct relevance to regulators, policy makers, the investment community, industry, academics and graduate students of electricity markets worldwide. Covers electicity market liberalization and deregulation on a worldwide scale Features expert contributions from key people within the electricity sector
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book PRIMA 2022 Principles and Practice of Multi Agent Systems written by Reyhan Aydoğan and published by Springer Nature. This book was released on 2022-11-11 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 23rd International Conference on Principles and Practice of Multi-Agent Systems, PRIMA 2020, held in hybrid mode in Valencia, Spain, in November 2022. The 31 full papers presented together with 15 short papers and 1 demo paper were carefully reviewed and selected from 100 submissions. The conference covers a wide range of ranging from foundations of agent theory and engineering aspects of agent systems, to emerging interdisciplinary areas of agent-based research.
Download or read book Energy Networks and the Law written by Martha M. Roggenkamp and published by Oxford University Press. This book was released on 2012-02-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy supply depends on the means of transport to the consumer. Cables and pipelines are necessary to transport oil, gas, and electricity. Their construction and use depend on developments in technology, policies, and laws. This book analyzes the challenges confronting governments, regulators, and network operators in managing energy networks.
Download or read book Energy Research Abstracts written by and published by . This book was released on 1989 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook Of Energy Finance Theories Practices And Simulations written by Stephane Goutte and published by World Scientific. This book was released on 2020-01-30 with total page 827 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeling the dynamics of energy markets has become a challenging task. The intensification of their financialization since 2004 had made them more complex but also more integrated with other tradable asset classes. More importantly, their large and frequent fluctuations in terms of both prices and volatility, particularly in the aftermath of the global financial crisis 2008-2009, posit difficulties for modeling and forecasting energy price behavior and are primary sources of concerns for macroeconomic stability and general economic performance.This handbook aims to advance the debate on the theories and practices of quantitative energy finance while shedding light on innovative results and technical methods applied to energy markets. Its primary focus is on the recent development and applications of mathematical and quantitative approaches for a better understanding of the stochastic processes that drive energy market movements. The handbook is designed for not only graduate students and researchers but also practitioners and policymakers.
Download or read book Harnessing Renewable Energy in Electric Power Systems written by Boaz Moselle and published by Routledge. This book was released on 2010-09-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting its reliance on fossil fuels, the electric power industry produces the majority of the world's greenhouse gas emissions. The need for a revolution in the industry becomes further apparent given that 'decarbonization' means an increasing electrification of other sectors of the economy in particular, through a switch from gasoline to electric vehicles. Of the options for producing electric power without significant greenhouse gas emissions, renewable energy is most attractive to policymakers, as it promises increased national self-reliance on energy supplies and the creation of new industries and jobs, without the safety and political concerns of nuclear power or the unproven technology of carbon capture and storage. Drawing on both economic theory and the experiences of the United States and EU member states, Harnessing Renewable Energy addresses the key questions surrounding renewable energy policies. How appropriate is the focus on renewable power as a primary tool for reducing greenhouse gas emissions? If renewable energy is given specific support, what form should that support take? What are the implications for power markets if renewable generation is widely adopted? Thorough and well-evidenced, this book will be of interest to a broad range of policymakers, the electric power industry, and economists who study energy and environmental issues.
