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Electricity Market Design for Germany

Author

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  • Ray REES
  • Sebastian SCHOLZ

Abstract

Germany has two ambitious goals: It wants to generate 20% of its electricity from renewable sources by 2020; and it wants to reach its nuclear phase-out target by 2021, according to the Atomic Energy Law of 2002. To be successful, it needs a strong transmission network that connects the offshore wind parks at the North and Baltic Sea with regions of high population and industry densities. At the same time it has to be keeping its generation capacity at a high enough level. This paper describes recent reforms in the electricity sector and makes suggestions on how to improve the current state of market performance in the industry.

Suggested Citation

  • Ray REES & Sebastian SCHOLZ, 2010. "Electricity Market Design for Germany," Sosyoekonomi Journal, Sosyoekonomi Society, issue 2010-EN.
    • Handle: RePEc:sos:sosjrn:10en03
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    References listed on IDEAS

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    More about this item

    Keywords

    Market Structure; Industrial Policy; Electric Utilities; Energy.;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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