Electricity Prices of the Future
Abstract This article discusses three challenges for Germany’s future electricity market design. The first question is how to pay for electricity generation from renewable energies in a market with more than 80 % renewables. Secondly, additional instruments are needed to safeguard the security of su...
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| Format: | Article |
| Language: | deu |
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Sciendo
2022-06-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3175-7 |
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| _version_ | 1832570259937165312 |
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| author | Justus Haucap Jonathan Meinhof |
| author_facet | Justus Haucap Jonathan Meinhof |
| author_sort | Justus Haucap |
| collection | DOAJ |
| description | Abstract This article discusses three challenges for Germany’s future electricity market design. The first question is how to pay for electricity generation from renewable energies in a market with more than 80 % renewables. Secondly, additional instruments are needed to safeguard the security of supply. An thirdly, network charges need to account for the different role of the distribution network, which operates more and more as a platform. Two-part tariffs with contributions from generators and consumers and a higher degree of regional price differentiation appear desirable. |
| format | Article |
| id | doaj-art-8b70fa0f68e74f1792af3c66eb2b7387 |
| institution | Kabale University |
| issn | 1613-978X |
| language | deu |
| publishDate | 2022-06-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-8b70fa0f68e74f1792af3c66eb2b73872025-02-02T15:55:43ZdeuSciendoWirtschaftsdienst1613-978X2022-06-01102S1536010.1007/s10273-022-3175-7Electricity Prices of the FutureJustus Haucap0Jonathan Meinhof1Institut für Wettbewerbsökonomie (DICE), Heinrich-Heine-Universität DüsseldorfInstitut für Wettbewerbsökonomie (DICE), Heinrich-Heine-Universität DüsseldorfAbstract This article discusses three challenges for Germany’s future electricity market design. The first question is how to pay for electricity generation from renewable energies in a market with more than 80 % renewables. Secondly, additional instruments are needed to safeguard the security of supply. An thirdly, network charges need to account for the different role of the distribution network, which operates more and more as a platform. Two-part tariffs with contributions from generators and consumers and a higher degree of regional price differentiation appear desirable.https://doi.org/10.1007/s10273-022-3175-7 |
| spellingShingle | Justus Haucap Jonathan Meinhof Electricity Prices of the Future Wirtschaftsdienst |
| title | Electricity Prices of the Future |
| title_full | Electricity Prices of the Future |
| title_fullStr | Electricity Prices of the Future |
| title_full_unstemmed | Electricity Prices of the Future |
| title_short | Electricity Prices of the Future |
| title_sort | electricity prices of the future |
| url | https://doi.org/10.1007/s10273-022-3175-7 |
| work_keys_str_mv | AT justushaucap electricitypricesofthefuture AT jonathanmeinhof electricitypricesofthefuture |