Der deutsche Strommarkt im Umbruch: Zur Notwendigkeit einer Marktordnung aus einem Guss

The German electricity market is changing fundamentally as renewable energy replaces conventional sources. Simultaneously, regional imbalances between generation and consumption are appearing. The authors sketch a new market design for the German electricity market, jointly taking into account the efficient expansion of renewables and the grid’s stability. A premium paid in addition to the spot market price promotes renewable electricity. Furthermore, they propose to split the German electricity market into a small number of price zones to cope with insufficient transmission capacities. By systematically strengthening regional and temporal price signals, the authors expect a notable cost reduction of the energy transition to be achieved.

Löschel, Andreas, Florens Flues, Frank Pothen and Philipp Massier (2013), Der deutsche Strommarkt im Umbruch: Zur Notwendigkeit einer Marktordnung aus einem Guss, Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik 93. Jahrgang, Heft 11, November , 778-784