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Reacting to Changing Paradigms: How and Why to Reform Electricity Markets

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  • Karsten Neuhoff
  • Jörn C. Richstein
  • Mats Kröger

Abstract

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  • Karsten Neuhoff & Jörn C. Richstein & Mats Kröger, 2023. "Reacting to Changing Paradigms: How and Why to Reform Electricity Markets," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 127, number pbk189, January.
  • Handle: RePEc:diw:diwpok:pbk189
    Note: I, 13 p.
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    References listed on IDEAS

    as
    1. Newbery, David, 2016. "Missing money and missing markets: Reliability, capacity auctions and interconnectors," Energy Policy, Elsevier, vol. 94(C), pages 401-410.
    2. Anthony PAPAVASILIOU & Yves SMEERS, 2017. "Remuneration of flexibility using operating reserve demand curves: a case study of Belgium," LIDAM Reprints CORE 2900, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. J. Zarnikau & C. Woo & R. Baldick, 2014. "Did the introduction of a nodal market structure impact wholesale electricity prices in the Texas (ERCOT) market?," Journal of Regulatory Economics, Springer, vol. 45(2), pages 194-208, April.
    4. Richstein, Jörn C. & Lorenz, Casimir & Neuhoff, Karsten, 2020. "An auction story: How simple bids struggle with uncertainty," Energy Economics, Elsevier, vol. 89(C).
    5. Neuhoff, Karsten & Wolter, Sophia & Schwenen, Sebastian, 2016. "Power markets with Renewables: New perspectives for the European Target Model," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 37, pages 3-38.
    6. Frank A. Wolak, 2011. "Measuring the Benefits of Greater Spatial Granularity in Short-Term Pricing in Wholesale Electricity Markets," American Economic Review, American Economic Association, vol. 101(3), pages 247-252, May.
    7. vom Scheidt, Frederik & Qu, Jingyi & Staudt, Philipp & Mallapragada, Dharik S. & Weinhardt, Christof, 2022. "Integrating hydrogen in single-price electricity systems: The effects of spatial economic signals," Energy Policy, Elsevier, vol. 161(C).
    8. Anthony Papavasiliou & Yves Smeers, 2017. "Remuneration of Flexibility using Operating Reserve Demand Curves: A Case Study of Belgium," The Energy Journal, International Association for Energy Economics, vol. 0(Number 6).
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Chaves, J. P. & Cossent, R. & Gómez San Román, T. & Linares, P. & Rivier, M., 2023. "An assessment of the European electricity market reform options and a pragmatic proposal," Cambridge Working Papers in Economics 2325, Faculty of Economics, University of Cambridge.
    2. Karsten Neuhoff & Fernanda Ballesteros & Mats Kröger & Jörn C. Richstein, 2023. "Contracting Matters: Hedging Producers and Consumers with a Renewable Energy Pool," Discussion Papers of DIW Berlin 2035, DIW Berlin, German Institute for Economic Research.
    3. Michał Pikus & Jarosław Wąs, 2024. "Predictive Modeling of Renewable Energy Purchase Prices Using Deep Learning Based on Polish Power Grid Data for Small Hybrid PV Microinstallations," Energies, MDPI, vol. 17(3), pages 1-12, January.

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