Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/29771 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorSchill, Wolf-Peteren
dc.contributor.authorKemfert, Claudiaen
dc.date.accessioned2009-11-18-
dc.date.accessioned2010-02-04T13:06:20Z-
dc.date.available2010-02-04T13:06:20Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/29771-
dc.description.abstractIn this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro storage utilization by different players. We find that the utilization of storage capacities depends on the operator and its ability to exert market power both regarding storage and conventional generation capacities. The distribution of storage capacities among players also matters. A general finding is that strategic operators tend to under-utilize their storage capacities. This affects generation patterns of conventional technologies and market outcomes. Strategic under-utilization of storage capacities might also diminish their potential for renewable energy integration. Accordingly, economic regulation of existing and future storage capacities may be necessary, depending on policy objectives. We also find that the introduction of electricity storage generally increases overall welfare, while outcomes vary between different cases. Strategic storage utilization decreases consumer rent compared to non-strategic storage utilization. However, this effect is less pronounced if storage capacities are distributed among several players.en
dc.language.isoengen
dc.publisher|aDeutsches Institut für Wirtschaftsforschung (DIW) |cBerlinen
dc.relation.ispartofseries|aDIW Discussion Papers |x947en
dc.subject.jelQ40en
dc.subject.jelQ41en
dc.subject.jelL13en
dc.subject.jelD43en
dc.subject.ddc330en
dc.subject.keywordElectricity market modelingen
dc.subject.keywordpumped hydro storageen
dc.subject.keywordstrategic storageen
dc.subject.keywordoligopolyen
dc.subject.keywordmarket poweren
dc.subject.keywordGermanyen
dc.subject.keywordElStorMen
dc.subject.stwElektrizitätswirtschaften
dc.subject.stwWasserkraftwerken
dc.subject.stwBetriebliche Lagerhaltungen
dc.subject.stwKapazitätsplanungen
dc.subject.stwSpieltheorieen
dc.subject.stwOligopolen
dc.subject.stwMarktmachten
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.subject.stwDeutschlanden
dc.titleThe effect of market power on electricity storage utilization: the case of pumped hydro storage in Germany-
dc.type|aWorking Paperen
dc.identifier.ppn613037332en
dc.relation.isreplacedbyhttp://hdl.handle.net/10419/201403-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:diw:diwwpp:dp947en

Datei(en):
Dokument gelöscht auf Wunsch der Autor:in bzw. der Herausgeber:in am: 6. August 2019


Publikationen in EconStor sind urheberrechtlich geschützt.