AïdR.ChemlaG.PorchetA.TouziN. (2011): Hedging and vertical integration in electricity markets. Management Science, 57( 8): 1438-52. http://dx.doi.org/10.1287/mnsc.1110.1357.
2.
Baringa (2013): Power Purchase Agreements for independent renewable generators - An assessment of existing and future market liquidity. Report commissioned by the Department of Energy and Climate Change of the UK.
3.
BertschJ.GrowitschC.LorenczikS.NaglS. (2015): Flexibility in Europe’s power sector — An additional requirement or an automatic complement?Energy Economics, in press.
4.
BessembinderH. (1991): Forward contracts and firm value: Investment incentive and contracting effects. Journal of Financial and quantitative Analysis, 26( 4): 519-32. http://dx.doi.org/10.2307/2331409.
5.
BorensteinS. (2012): The private and public economics of renewable electricity generation. Journal of Economic Perspectives, 26( 1): 67-92. http://dx.doi.org/10.1257/jep.26.1.67.
6.
BohnR.MichaelE.CaramanisC.SchweppeF.C. (1984): Optimal pricing in electrical networks over space and time. The Rand Journal of Economics, 15( 3): 360-76. http://dx.doi.org/10.2307/2555444.
7.
BreuerC.MoserA. (2014): Optimized bidding area delimitations and their impact on electricity markets and congestion management. Conference Paper, European Energy Market (EEM) 2014. http://dx.doi.org/10.1109/eem.2014.6861218.
8.
BursteddeB. (2012): From nodal to zonal pricing - A bottom-up approach to the second best. Conference Paper, European Energy Market (EEM) 2012. http://dx.doi.org/10.1109/eem.2012.6254665.
9.
BürerM. J.WüstenhagenR. (2009): Which renewable energy policy is a venture capitalist’s best friend? Empirical evidence from a survey of international cleantech investors. Energy Policy, 37(12): 4997-5006. http://dx.doi.org/10.1016/j.enpol.2009.06.071.
10.
Chaves-AvilaJ.P.FernandesC. (2015): The Spanish intraday market design: A successful solution to balance renewable generation?Renewable Energy, 74(2): 422-32. http://dx.doi.org/10.1016/j.renene.2014.08.017.
11.
De JagerD.RathmannM. (2008): Policy instrument design to reduce financing costs in renewable energy technology projects223. Ecofys Report.
12.
Di CosmoV.LyonsSNolanA. (2014): Estimating the impact of time-of-use pricing on Irish electricity demand. The Energy Journal, 35(2): 117-36. http://dx.doi.org/10.5547/01956574.35.2.6.
13.
Ecofys (2014): Flexibility options in electricity systems. Ecofys Report.
14.
ErlinghagenS.MarkardJ. (2012): Smart grids and the transformation of the electricity sector: ICT firms as potential catalysts for sectoral change. Energy Policy, 51: 895-906. http://dx.doi.org/10.1016/j.enpol.2012.09.045.
15.
Eurelectric (2010): Eurelectric response to Commission request for clarification. Online: www.eurelectric.org
16.
Federal Ministry for Economic Affairs and Energy (BMWi) (2015): An electricity market for Germany’ Energy Transition. White Paper.
17.
FenrickS.GetachweL.IvanovC.SmithJ. (2014): Demand impact of a critical peak pricing program: Opt-in and opt-out options, green attitudes and other customer characteristics. The Energy Journal, 35(3): 1-24. http://dx.doi.org/10.5547/01956574.35.3.1.
18.
HenriotA. (2014): Market design with centralized wind power management: Handling low-predictability in the intraday market. The Energy Journal, 35(1): 99-117. http://dx.doi.org/10.5547/01956574.35.L6.
19.
HaucapJ.HeimeshoffU.JovanovicD. (2014): Competition in Germany’s minute reserve power market: An econometric analysis. The Energy Journal, 35(2): 137-56. http://dx.doi.org/10.5547/01956574.35.2.7.
20.
HoganW.W. (2012): Electricity scarcity pricing through operating reserves: An ERCOT window of opportunity. Online: http://www.hks.harvard.edu/fs/whogan
21.
IEA (2012): Energy technology perspectives 2012 - Pathways to a clean energy system.
22.
IPCC (2014): Climate Change 2014: Mitigation of Climate Change. Contribution of Working Group III to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change [Edenhofer, O., R. Pichs-Madruga, Y. Sokona, E. Farahani, S. Kadner, K. Seyboth, A. Adler, I. Baum, S. Brunner, P. Eickemeier, B. Kriemann, J. Savolainen, S. Schlömer, C. von Stechow, T. Zwickel and J.C. Minx (eds.)]. Cambridge University Press, Cambridge, United Kingdom and New York, NY, USA.
23.
KramerG. J.HaighM. (2009): No quick switch to low-carbon energy. Nature462: 568-69. http://dx.doi.org/10.1038/462568a.
MeyeraR.GorebO. (2015): Cross-border effects of capacity mechanisms: Do uncoordinated market design changes contradict the goals of the European market integration?Energy Economics, 51(9): 9-20. http://dx.doi.org/10.1016/j.eneco.2015.06.011.
26.
NeuhoffK.DiekmannJ.KunzF.RusterS.SchillW.SchwenenS. (2015): A coordinated strategic reserve to safeguard the European energy transition. DIW Berlin Discussion Paper 1495. http://dx.doi.org/10.2139/ssrn.2639133.
27.
NeuhoffK.De VriesL. (2004): Insufficient incentives for investment in electricity generation, Utilities Policy, 12(4): 253-68. http://dx.doi.org/10.1016/j.jup.2004.06.002.
28.
PollittM. (2012): The role of policy in energy transitions: Lessons from the energy liberalisation era. Energy Policy, 50: 128-37. http://dx.doi.org/10.1016/j.enpol.2012.03.004.
29.
RagwitzM. (2012). RE-Shaping: Shaping an effective and efficient European renewable energy market. Final Report of the Intelligent Energy Europe project Re-Shaping.
30.
RathmannM.De JagerD.De LovinfosseI.BreitschopfB.BurgersJ.WeoresB. (2011): Towards triple-A policies: More renewable energy at lower cost. Re-Shaping D16 Report.
31.
ReguantM. (2014): Complementary bidding mechanisms and startup costs in electricity markets. Review of Economic Studies, 81(4): 1708-42. http://dx.doi.org/10.1093/restud/rdu022.
32.
RE-Shaping (2011): Indicators assessing the performance of renewable energy support policies in 27 Member States. D17 Project Report.
33.
RuesterS.HeX.VasconcelosJ. (2013): Electricity storage - Need for a particular EU policy to facilitate its deployment?European Energy Journal, 3(2): 23-31.
34.
RuesterS.SchwenenS.Perez-ArriagaI.-J.BatlleC. (2014): From distribution networks to smart distribution systems: Rethinking the regulation of European electricity DSOs. Utilities Policy, 31: 229-37. http://dx.doi.org/10.1016/j.jup.2014.03.007.
35.
SchillW.-P. (2014): Residual load, renewable surplus generation and storage requirements in Germany. Energy Policy, 73: 65-79. http://dx.doi.org/10.1016/j.enpol.2014.05.032.
36.
Schleiche-TappeserR. (2012): How renewables will change electricity markets in the next five years. Energy Policy, 48: 64-75. http://dx.doi.org/10.1016/j.enpol.2012.04.042.
37.
SikorskiT. (2011): Redesign of Polish electricity market and its integration into single European market. Conference Presentation, 6th Market Design Conference, Stockholm, October 2011.
38.
TisdaleM.GrauT.NeuhoffK. (2014): Impact of Renewable Energy Act reform on wind project finance. DIW Berlin Discussion Paper 1387. http://dx.doi.org/10.2139/ssrn.2456125.
39.
VDE (2012): Erneuerbare Energie braucht flexible Kraftwerke - Szenarien bis 2020. Studie der Energietechnischen Ge-sellschaft im VDE (ETG).
40.
WolakF. (2011): Measuring the benefits of greater spatial granularity in short-term pricing in wholesale electricity Mmar-kets. American Economic Review: Papers &Proceedings2011, 101(3): 247-52. http://dx.doi.org/10.1257/aer.10L3.247.
Supplementary Material
Please find the following supplemental material available below.
For Open Access articles published under a Creative Commons License, all supplemental material carries the same license as the article it is associated with.
For non-Open Access articles published, all supplemental material carries a non-exclusive license, and permission requests for re-use of supplemental material or any part of supplemental material shall be sent directly to the copyright owner as specified in the copyright notice associated with the article.