@techreport{MuesgensLienert, author = {M{\"u}sgens, Felix and Lienert, Martin}, title = {Voraussetzungen einer optimalen Integration erneuerbarer Energien in das Stromversorgungssystem}, address = {K{\"o}ln [u.a.]}, language = {de} } @techreport{MuesgensLienert, author = {M{\"u}sgens, Felix and Lienert, Martin}, title = {F{\"o}rderung der Direktvermarktung und der bedarfsgerechten Einspeisung von Strom aus Erneuerbaren Energien}, address = {K{\"o}ln [u.a.]}, pages = {VI, 133}, language = {de} } @techreport{MuesgensLienertHildebrandt, author = {M{\"u}sgens, Felix and Lienert, Martin and Hildebrandt, Elmar}, title = {{\"O}konomische Auswirkungen einer Laufzeitverl{\"a}ngerung deutscher Kernkraftwerke}, publisher = {BDI}, address = {K{\"o}ln [u.a.]}, language = {de} } @misc{MuesgensBade, author = {M{\"u}sgens, Felix and Bade, Alexander}, title = {Optimierungsstrategien im Portfoliomanagement von Gasversorgungsunternehmen}, series = {GWF : das Gas- und Wasserfach}, volume = {151}, journal = {GWF : das Gas- und Wasserfach}, number = {11}, issn = {0016-4909}, pages = {732 -- 736}, language = {de} } @misc{MuesgensPeek, author = {M{\"u}sgens, Felix and Peek, Markus}, title = {Sind Kapazit{\"a}tsm{\"a}rkte in Deutschland erforderlich? - Eine kritische Analyse vor dem Hintergrund der {\"o}konomischen Theorie}, series = {Zeitschrift f{\"u}r neues Energierecht}, volume = {15}, journal = {Zeitschrift f{\"u}r neues Energierecht}, number = {6}, issn = {1434-3339}, pages = {576 -- 583}, language = {de} } @misc{MuesgensSteinhaus, author = {M{\"u}sgens, Felix and Steinhaus, Burkhard}, title = {Portfoliomanagement: Optimale Energiebeschaffung unter Beruecksichtigung von Risiken}, language = {de} } @misc{KreuzMuesgensWissen, author = {Kreuz, Sebastian and M{\"u}sgens, Felix and Wissen, Ralf}, title = {Was kosten die EEG-Bestandsanlagen bis 2030?}, series = {Energiewirtschaftliche Tagesfragen : ET}, volume = {64}, journal = {Energiewirtschaftliche Tagesfragen : ET}, number = {9}, pages = {60 -- 63}, language = {de} } @misc{MuesgensPeek, author = {M{\"u}sgens, Felix and Peek, Markus}, title = {Economics and Design of Balancing Power Markets in Germany}, series = {International Journal of Electrical Power \& Energy Systems}, journal = {International Journal of Electrical Power \& Energy Systems}, number = {55}, issn = {2070-3767}, pages = {392 -- 401}, language = {en} } @misc{MuesgensGrothe, author = {M{\"u}sgens, Felix and Grothe, Oliver}, title = {The Influence of Spatial Effects on Wind Power Revenues under Direct Marketing Rules}, series = {Energy Policy}, journal = {Energy Policy}, number = {58}, issn = {0301-4215}, doi = {10.1016/j.enpol.2013.03.004}, pages = {237 -- 247}, abstract = {In many countries, investments in renewable technologies have been accelerated by fixed feed-in tariffs for electricity from renewable energy sources (RES). While fixed tariffs accomplish this purpose, they lack incentives to align the RES production with price signals. Today, the intermittency of most RES increases the volatility of electricity prices and makes balancing supply and demand more complicated. Therefore, support schemes for RES have to be modified. Recently, Germany launched a scheme which gives wind power operators the monthly choice to either receive a fixed tariff or to risk a - subsidized - access to the wholesale electricity market. This paper quantifies revenues of wind turbines under this new subsidy and analyzes whether, when and where producers may profit. We find that the position of the wind turbine within the country significantly influences revenues in terms of EUR/MWh. The results are important for wind farm operators deciding whether electricity should be sold in the fixed feed-in tariff or in the wholesale market. However, no location is persistently, i.e., in every calendar month of the year, above the average. This limits the effect of the new subsidy scheme on investment locations and long term improvements in the aggregated wind feed-in profile.}, language = {en} } @misc{MuesgensOckenfelsPeek, author = {M{\"u}sgens, Felix and Ockenfels, Axel and Peek, Markus}, title = {Balancing Power Markets in Germany: Timing Matters}, series = {Zeitschrift f{\"u}r Energiewirtschaft}, volume = {36}, journal = {Zeitschrift f{\"u}r Energiewirtschaft}, number = {1}, issn = {1866-2765}, pages = {1 -- 7}, abstract = {This paper analyzes timing issues on the German balancing power market. We focus the analysis on the length of the bidding period, i.e. the length of the time period a supplier has to provide balancing power capacities, and the question of how far before the beginning of a bidding period the auction should be carried out. We show that different load levels require different plants for the optimal provision of balancing power. In a longer bidding period, the power plants that have the lowest average cost in the bidding period are unlikely to be efficient in all hours of the bidding period. Hence, shortening bidding periods can increase efficiency. Furthermore, we show that an early commitment on a power plant's mode of operation (when uncertainty about resulting spot prices is still relatively high) also reduces efficiency. This suggests that the auction should be held relatively close to the beginning of the bidding period. Furthermore, we discuss some advantages of a liquid real time market.}, language = {en} } @misc{MuesgensSeeliger, author = {M{\"u}sgens, Felix and Seeliger, Andreas}, title = {Fracking in Deutschland und Europa - Hype oder Chance}, series = {ifo Schnelldienst}, volume = {66}, journal = {ifo Schnelldienst}, number = {24}, pages = {3 -- 10}, abstract = {Welche Chancen und Risiken ergeben sich aus der Schiefergasf{\"o}rderung in Europa und speziell in Deutschland?}, language = {de} } @incollection{MuesgensPeekSchulz, author = {M{\"u}sgens, Felix and Peek, Markus and Schulz, W.}, title = {Investigation on the Demand for Transmission Capacity - Investigation for France-Italy based on a Generation Dispatch Model}, series = {Analysis of Electricity Network Capacities and Identification of Congestion}, booktitle = {Analysis of Electricity Network Capacities and Identification of Congestion}, editor = {Haubrich, Hans-J{\"u}rgen}, publisher = {IAEW}, address = {Aachen}, language = {en} } @misc{GrotheMuellerMuesgens, author = {Grothe, Oliver and M{\"u}ller, Christoph and M{\"u}sgens, Felix}, title = {Modellierung von Energiepreisrisiken durch Bindefristen bei {\"o}ffentlichen Ausschreibungen}, series = {Zeitschrift f{\"u}r Energie, Markt und Wettbewerb}, journal = {Zeitschrift f{\"u}r Energie, Markt und Wettbewerb}, number = {6}, pages = {59 -- 62}, language = {de} } @misc{GrowitschMuesgens, author = {Growitsch, Christian and M{\"u}sgens, Felix}, title = {Die Liberalisierung des deutschen Strommarktes - ein Erfolgsmodell?}, series = {Wirtschaft im Wandel}, journal = {Wirtschaft im Wandel}, number = {12}, issn = {0947-3211}, pages = {383 -- 387}, language = {de} } @misc{Muesgens, author = {M{\"u}sgens, Felix}, title = {Quantifying Market power in the German Wholesale Electricity Market Using a Dynamic Multi-Regional Dispatch Model}, series = {Journal of Industrial Economics}, volume = {54}, journal = {Journal of Industrial Economics}, number = {4}, issn = {1467-6451}, pages = {471 -- 498}, abstract = {This paper quantifies the degree of market power in the German wholesale electricity market. A dispatch model simulates competitive marginal costs. In addition to common input factors like plant capacities, fuel prices and load structures, the model also incorporates international power exchange and dynamic effects like start-up costs and hydro storage plant dispatch. The simulated prices are subsequently used as a benchmark for observed electricity prices. The analysis reveals significant market power in the German electricity market, mainly exhibited during peak periods. Producer surplus is also increased significantly due to strategic behavior.}, language = {en} } @inproceedings{BartelsMuesgens, author = {Bartels, Michael and M{\"u}sgens, Felix}, title = {Do Technology Specific CO2-Allocations Distort Investments?}, series = {Securing energy in insecure times, 29th IAEE International Conference, 7-10 June 2006 in Potsdam}, booktitle = {Securing energy in insecure times, 29th IAEE International Conference, 7-10 June 2006 in Potsdam}, publisher = {IAEE}, address = {Cleveland}, pages = {367 -- 374}, language = {en} } @misc{GrowitschMuesgens, author = {Growitsch, Christian and M{\"u}sgens, Felix}, title = {The Economics of Restructuring the German Electricity Sector}, series = {Zeitschrift f{\"u}r Energiewirtschaft}, volume = {29}, journal = {Zeitschrift f{\"u}r Energiewirtschaft}, number = {3}, issn = {0343-5377}, pages = {221 -- 230}, abstract = {The debate about the development of German electricity prices after the liberalization of energy markets in 1998 raises the question of failures in market restructuring. However, a general statement would be misleading for two main reasons. Firstly, the price development, analyzed for the exemplary case of household prices, shows significant differences among the stages of the value chain. Secondly, the underlying cost structure might have changed from 1998 to 2004. While such effects can be expected to level out over time, they can distort the comparison of a small period of observation. For these reasons, we analyzed the different price components at a detailed level, finding a considerable price reduction of about 32\% in generation and a much lower reduction of 13\% in transmission and distribution tariffs. These decreases have been mostly compensated by a significant increase in taxes and subsidies (+56\%).}, language = {en} } @misc{MuesgensPeichertPerneretal., author = {M{\"u}sgens, Felix and Peichert, Patrick and Perner, Jens and Riechmann, Christoph and Wissen, Ralf}, title = {Emissionshandel oder F{\"o}rderung Erneuerbarer in Europa: Wer sollte langfristig das Steuer {\"u}bernehmen?}, series = {ET Energiewirtschaftliche Tagesfragen}, journal = {ET Energiewirtschaftliche Tagesfragen}, number = {9}, issn = {0720-6240}, pages = {8 -- 12}, language = {de} } @incollection{MuesgensSeeliger, author = {M{\"u}sgens, Felix and Seeliger, Andreas}, title = {Nicht-konventionelle Erdgasvorkommen in den USA und ihre Auswirkungen auf Europa}, series = {Energie f{\"u}r Deutschland 2013 : Fakten, Perspektiven und Positionen im globalen Kontext}, booktitle = {Energie f{\"u}r Deutschland 2013 : Fakten, Perspektiven und Positionen im globalen Kontext}, publisher = {Weltenergierat - Deutschland e.V.}, address = {Berlin}, pages = {1 -- 31}, language = {de} } @misc{MuesgensBartels, author = {M{\"u}sgens, Felix and Bartels, Michael}, title = {Is a Cap-and-Trade System always efficient? The Case of New Entrants in the Emission Trading System of the EU}, series = {Journal of Energy Engineering}, volume = {134}, journal = {Journal of Energy Engineering}, number = {2}, issn = {0733-9402}, pages = {33 -- 39}, language = {en} }