@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} } @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} } @inproceedings{KreuzbergerMuesgens, author = {Kreuzberger, M. and M{\"u}sgens, Felix}, title = {Der Einfluss der Speicherkrafftwerke in der Alpenregion auf die Strompreise in Deutschland}, series = {2. Internationale Energiewirtschaftstagung, IEWT 2001 Wien}, booktitle = {2. Internationale Energiewirtschaftstagung, IEWT 2001 Wien}, publisher = {Institut f{\"u}r Elektrische Anlagen und Energiewirtschaft}, address = {Wien}, language = {de} } @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} } @incollection{MuesgensOckenfels, author = {M{\"u}sgens, Felix and Ockenfels, Axel}, title = {Marktdesign in der Energiewirtschaft}, series = {Umwelt und Energie : Wirtschaftswissenschaftliches Seminar Ottobeuren}, booktitle = {Umwelt und Energie : Wirtschaftswissenschaftliches Seminar Ottobeuren}, editor = {Franz, Wolfgang and Ramser, Hans-J{\"u}rgen and Stadler, Manfred}, publisher = {Mohr Siebeck}, address = {T{\"u}bingen}, isbn = {978-3-16-149104-7}, pages = {247 -- 272}, language = {de} } @inproceedings{ScholzMuesgens, author = {Scholz, Daniel and M{\"u}sgens, Felix}, title = {Increasing flexibility of combined heat and power plants with Power-to-Heat}, series = {Proceedings, 12th International Conference on the European Energy Market (EEM), Lisbon, 19-22 May 2015}, booktitle = {Proceedings, 12th International Conference on the European Energy Market (EEM), Lisbon, 19-22 May 2015}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-4673-6692-2}, doi = {10.1109/EEM.2015.7216771}, pages = {5}, language = {en} } @inproceedings{MoebiusMuesgens, author = {M{\"o}bius, Thomas and M{\"u}sgens, Felix}, title = {The Effect of Variable Renewable Energy Sources on the Volatility of Wholesale Electricity Prices - A Stylized Full Cost Approach}, series = {Proceedings, 12th International Conference on the European Energy Market (EEM), Lisbon, 19-22 May 2015}, booktitle = {Proceedings, 12th International Conference on the European Energy Market (EEM), Lisbon, 19-22 May 2015}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-4673-6692-2}, doi = {10.1109/EEM.2015.7216772}, pages = {5}, language = {en} } @misc{MuesgensOckenfels, author = {M{\"u}sgens, Felix and Ockenfels, Axel}, title = {Design von Informationsfeedback in Regelenergiem{\"a}rkten}, series = {Zeitschrift f{\"u}r Energiewirtschaft}, volume = {35}, journal = {Zeitschrift f{\"u}r Energiewirtschaft}, number = {4}, issn = {1866-2765}, doi = {10.1007/s12398-011-0062-0}, pages = {249 -- 256}, abstract = {Auf vielen kontinentaleurop{\"a}ischen Energiem{\"a}rkten werden derzeit die Regeln f{\"u}r das Feedback auf Regelenergiem{\"a}rkten diskutiert: welche Informationen zu vergangenen Auktionen sollen wann ver{\"o}ffentlicht werden? Dieser Artikel beleuchtet Vor- und Nachteile verschiedener Feedbackpolitiken am Beispiel der Schweizer Regelenergiem{\"a}rkte. Die Ver{\"o}ffentlichung des Grenzleistungspreises ist in der Regel zu empfehlen. Dies gilt jedoch nicht f{\"u}r weitere Informationen (insbesondere extramarginale Gebote). Die optimale Feedbackpolitik h{\"a}ngt allerdings vom jeweiligen Marktdesign und von der Marktstruktur ab}, 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} } @misc{KuntzMuesgens, author = {Kuntz, Ludwig and M{\"u}sgens, Felix}, title = {Modelling Start-Up Costs of Multiple Technologies in Electricity Markets}, series = {Mathematical Methods of Operations Research}, volume = {66}, journal = {Mathematical Methods of Operations Research}, number = {1}, issn = {1432-2994}, doi = {10.1007/s00186-007-0148-y}, pages = {21 -- 32}, language = {en} } @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} } @techreport{MuesgensSchulz, author = {M{\"u}sgens, Felix and Schulz, Walter}, title = {Energiereport IV: Die Entwicklung der Energiem{\"a}rkte bis zum Jahr 2030 - Energiewirtschaftliche Referenzprognose}, publisher = {Vulkan Verlag}, address = {Essen}, language = {de} } @phdthesis{Muesgens, author = {M{\"u}sgens, Felix}, title = {The Economics of Wholesale Electricity Markets}, publisher = {Universit{\"a}t}, address = {K{\"o}ln}, pages = {VII, 119}, abstract = {Die Dissertation analysiert die {\"o}konomischen Zusammenh{\"a}nge und Wechselwirkungen auf Großhandelsm{\"a}rkten f{\"u}r Strom.}, 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} } @inproceedings{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {Asymmetries in the German Diesel Retail Market}, series = {IEEE Conference Proceeding EEM 2016}, booktitle = {IEEE Conference Proceeding EEM 2016}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5090-1298-5}, doi = {10.1109/EEM.2016.7521192}, pages = {5}, abstract = {Economists often analyze asymmetric cost passthrough between retail fuel prices and oil prices ('Rockets and Feathers') as a proxy for market power. Such symmetries have been analyzed for different countries and time periods. However, few studies have been conducted for the German market. Furthermore, no study has differentiated between company types in this context. In this paper, we analyze market behavior in the German diesel market. We compare the pricing strategies of independent petrol stations with the general diesel market. Independent petrol stations have no connection with popular fuel brands and therefore might decrease market power of dominating brand stations. We use an error correction model for the period from 2011 to 2012 to evaluate the specific market behavior. We conclude that asymmetric pricing behavior is given for independent petrol stations as well as for the whole German market.}, language = {en} } @inproceedings{KaesoMuesgensGrothe, author = {K{\"a}so, Mathias and M{\"u}sgens, Felix and Grothe, Oliver}, title = {Dynamic Forecast Combinations of Improved Individual Forecasts for the Prediction of Wind Energy}, series = {IEEE Conference Proceedings EEM 2016}, booktitle = {IEEE Conference Proceedings EEM 2016}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5090-1298-5}, doi = {10.1109/EEM.2016.7521228}, pages = {5}, abstract = {We study the prediction performance of different improved individual wind energy forecasts in various static and dynamic ombination processes. To this end, we develop a combined error minimization model (CEMM) based on nonlinear functions. This approach reflects the nonlinear nature of weather and especially of wind energy prediction problems. Based on the model, we construct significantly improved individual forecasts. The corresponding time dependent model coefficients are determined by dynamic OLS (ordinary least squares) regression and Kalman filter methods. The former method shows a slightly better performance than the Kalman filter based approaches. Further improvements can be achieved by a combination of these improved wind energy forecasts. In this case, the combination coefficients are calculated from a static and two dynamic OLS regressions. The resulting forecasts are characterized by a further increased prediction accuracy compared to the combination of the uncorrected forecast data and can outperform a given benchmark.}, language = {en} } @techreport{MuesgensKaeso, author = {M{\"u}sgens, Felix and K{\"a}so, Mathias}, title = {Auktionsdesign f{\"u}r Photovoltaikanlagen auf Freifl{\"a}chen}, publisher = {r2b energy consulting GmbH [u.a.]}, address = {K{\"o}ln ; Cottbus}, pages = {39}, language = {de} } @techreport{BadeKaesoLienertetal., author = {Bade, Alexander and K{\"a}so, Mathias and Lienert, Martin and M{\"u}sgens, Felix and Schmitz, Christoph and Wissen, Ralf}, title = {Ausgestaltung eines Auktionsmodells f{\"u}r EE-Anlagen in Deutschland}, publisher = {r2b energy consulting GmbH [u.a.]}, address = {K{\"o}ln ; Cottbus}, pages = {90}, language = {de} } @techreport{MuesgensRiepinPoudineh, author = {M{\"u}sgens, Felix and Riepin, Iegor and Poudineh, Rahmat}, title = {A Note on Climate Policy Negotiations at the Threshold of COP-21 in Paris}, pages = {6}, language = {en} } @misc{BadeMuesgens, author = {Bade, Alexander and M{\"u}sgens, Felix}, title = {Verteilungsaspekte einer Harmonisierung der europ{\"a}ischen Klimaschutzmaßnahmen}, series = {Zeitschrift f{\"u}r Energiewirtschaft}, volume = {40}, journal = {Zeitschrift f{\"u}r Energiewirtschaft}, number = {1}, issn = {0343-5377}, doi = {10.1007/s12398-016-0170-y}, pages = {33 -- 40}, language = {de} } @misc{BadeMuesgens, author = {Bade, Alexander and M{\"u}sgens, Felix}, title = {Auswirkungen eines 'Wassertiefenbonus' bei Ausschreibungen f{\"u}r Windenergieanlagen auf See}, series = {ET Energiewirtschaftliche Tagesfragen}, volume = {66}, journal = {ET Energiewirtschaftliche Tagesfragen}, number = {10}, issn = {0013-743X}, pages = {25 -- 27}, language = {de} } @inproceedings{Muesgens, author = {M{\"u}sgens, Felix}, title = {Roads to Transition in German Energy Policy}, series = {The road to Paris \& multi-level carbon pricing: Getting the incentives right at the global, European \& national level}, booktitle = {The road to Paris \& multi-level carbon pricing: Getting the incentives right at the global, European \& national level}, publisher = {Potsdam-Institut f{\"u}r Klimafolgenforschung}, address = {Potsdam, Cottbus}, pages = {46 -- 57}, language = {en} } @techreport{BadeMuesgens, author = {Bade, Alexander and M{\"u}sgens, Felix}, title = {Warum brauchen wir eine st{\"a}rkere Harmonisierung der Energiepolitik in der EU?}, publisher = {r2b energy consulting GmbH [u.a.]}, address = {K{\"o}ln ; Cottbus}, language = {de} } @techreport{BadeGrowitschLienertetal., author = {Bade, Alexander and Growitsch, Christian and Lienert, Martin and M{\"u}sgens, Felix and Schmitz, Christoph and Wolf, A.}, title = {Aktionsprogramm Klimaschutz 2020: Konsequenzen potenzieller Kraftwerksstilllegungen}, publisher = {r2b energy consulting GmbH [u.a.]}, address = {K{\"o}ln ; Hamburg ; Cottbus}, pages = {48}, language = {de} } @inproceedings{ScholzMuesgens, author = {Scholz, Daniel and M{\"u}sgens, Felix}, title = {How to improve standard load profiles: Updating, regionalization and smart meter data}, series = {14th International Conference on the European Energy Market (EEM), Dresden Germany, 6-9 June 2017}, booktitle = {14th International Conference on the European Energy Market (EEM), Dresden Germany, 6-9 June 2017}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5090-5499-2}, doi = {10.1109/EEM.2017.7981939}, pages = {6}, language = {en} } @inproceedings{MoebiusMuesgens, author = {M{\"o}bius, Thomas and M{\"u}sgens, Felix}, title = {Electricity Market Equilibria and Intermittent Renewables - A Stochastic Approach}, series = {14th International Conference on the European Energy Market (EEM), Dresden Germany, 6-9 June 2017}, booktitle = {14th International Conference on the European Energy Market (EEM), Dresden Germany, 6-9 June 2017}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5090-5499-2}, doi = {10.1109/EEM.2017.7981988}, pages = {5}, language = {en} } @misc{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {The German Energiewende and its Roll-Out of Renewable Energies: An Economic Perspective}, series = {Frontiers in Energy}, volume = {11}, journal = {Frontiers in Energy}, number = {2}, issn = {2095-1698}, doi = {10.1007/s11708-017-0467-5}, pages = {126 -- 134}, language = {en} } @misc{MuesgensSeeliger, author = {M{\"u}sgens, Felix and Seeliger, Andreas}, title = {Der Shale Gas-Boom in den USA und die {\"o}konomischen Auswirkungen auf Deutschland}, series = {ifo Schnelldienst}, volume = {66}, journal = {ifo Schnelldienst}, number = {24}, issn = {0018-974X}, pages = {3 -- 5}, language = {de} } @incollection{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {Energiewirtschaft - Ver{\"a}nderung und Wandel}, series = {Kommunikation erneuerbarer Energieversorgung}, booktitle = {Kommunikation erneuerbarer Energieversorgung}, editor = {Hipp, Christiane and Kaelber, Claus and M{\"u}ller, Jens}, publisher = {e-transform}, address = {Augsburg}, pages = {30 -- 37}, language = {de} } @incollection{MuesgensSeeliger, author = {M{\"u}sgens, Felix and Seeliger, Andreas}, title = {Unkonventionelle Erdgasvorkommen 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 = {7 -- 31}, language = {de} } @techreport{LenzenLienertMuesgens, author = {Lenzen, V. and Lienert, Martin and M{\"u}sgens, Felix}, title = {Effizientes Regime f{\"u}r den Ausbau der EE, Weiterentwicklung des Energy-Only-Marktes und Erhaltung des EU-ETS}, publisher = {Frontier Economics [u.a.]}, address = {Brussels [u.a.]}, pages = {150}, language = {de} } @misc{Muesgens, author = {M{\"u}sgens, Felix}, title = {{\"O}konomische Besonderheiten des Energiemarktes}, series = {EnWZ : Zeitschrift f{\"u}r das gesamte Recht der Energiewirtschaft}, volume = {6}, journal = {EnWZ : Zeitschrift f{\"u}r das gesamte Recht der Energiewirtschaft}, number = {7}, issn = {2195-2841}, pages = {243 -- 247}, language = {de} } @misc{Muesgens, author = {M{\"u}sgens, Felix}, title = {Equilibrium prices and investment in electricity systems with CO₂-emission trading and high shares of renewable energies}, series = {Energy Economics}, volume = {86}, journal = {Energy Economics}, issn = {0140-9883}, doi = {10.1016/j.eneco.2018.07.028}, pages = {8}, language = {en} } @inproceedings{KreuzbergMuesgens, author = {Kreuzberg, Martin and M{\"u}sgens, Felix}, title = {Der Einfluss der Speicherkraftwerke in der Alpenregion auf die Strompreise in Deutschland - Eine modellgest{\"u}tzte Analyse}, series = {2. Internationale Energiewirtschaftstagung, IEWT 2001, 21. bis 23. Februar 2001, Wien}, booktitle = {2. Internationale Energiewirtschaftstagung, IEWT 2001, 21. bis 23. Februar 2001, Wien}, publisher = {Institut f{\"u}r Elektrische Anlagen und Energiewirtschaft}, address = {Wien}, language = {de} } @techreport{KreuzMuesgensWissen, author = {Kreuz, Sebastian and M{\"u}sgens, Felix and Wissen, Ralf}, title = {Absch{\"a}tzung von F{\"o}rderkosten der Bestandsanlagen erneuerbarer Energien bis zum Jahr 2030}, publisher = {Brandenburgische Technische Universit{\"a}t}, address = {Cottbus ; Senftenberg}, pages = {26}, language = {de} } @techreport{MuesgensNeuhoff, author = {M{\"u}sgens, Felix and Neuhoff, Karsten}, title = {Modelling Dynamic Constraints in Electricity Markets and the Costs of Uncertain Wind Output}, publisher = {University of Cambridge, Electricity Policy Research Group}, address = {Cambridge}, pages = {26}, language = {en} } @techreport{Muesgens, author = {M{\"u}sgens, Felix}, title = {Sektorziele verteuern den Klimaschutz und behindern die Sektorenkopplung}, publisher = {acatech - Deutsche Akademie der Technikwissenschaften}, address = {Berlin}, language = {de} } @inproceedings{RiepinMoebiusMuesgens, author = {Riepin, Iegor and M{\"o}bius, Thomas and M{\"u}sgens, Felix}, title = {Integrated Electricity and Gas Market Modeling - Effects of Gas Demand Uncertainty}, series = {15th International Conference on the European Energy Market (EEM), 27-29 June 2018, Lodz, Poland}, booktitle = {15th International Conference on the European Energy Market (EEM), 27-29 June 2018, Lodz, Poland}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5386-1488-4}, doi = {10.1109/EEM.2018.8469790}, pages = {5}, abstract = {This paper develops an integrated fundamental investment model which considers both the gas and electricity sector. Furthermore, we adopt the theory of stochastic programming with recourse in the combined model to account for uncertainty in the gas market. This approach enables us to analyze how uncertain gas demand in other sectors affects decisions to invest in electricity generation capacities. We find an overall decrease and a reallocation of investments in gas-fired power plants. We also quantify the expected costs of ignoring uncertainty.}, language = {en} } @inproceedings{MuesgensRiepin, author = {M{\"u}sgens, Felix and Riepin, Iegor}, title = {Is Offshore Already Competitive? Analyzing German Offshore Wind Auctions}, series = {15th International Conference on the European Energy Market (EEM), 27-29 June 2018, Lodz, Poland}, booktitle = {15th International Conference on the European Energy Market (EEM), 27-29 June 2018, Lodz, Poland}, publisher = {IEEE}, address = {Piscataway, NJ}, isbn = {978-1-5386-1488-4}, doi = {10.1109/EEM.2018.8469851}, pages = {6}, abstract = {Two German offshore wind auctions in 2017 and 2018 saw more than 50\% of winning capacity with "zero bids". The nature of these surprisingly low bids is, however, not yet clear. In our paper, we discuss four hypotheses for possible causes for the auction results: (i) the bids are expected to be profitable due to market development and technological progress, (ii) bids can be perceived as "options to build" that can be realized if projects are profitable, (iii) bids are adjusted to secure grid access, and (iv) other long term reasons not primarily driven by the profitability of the winning bids. Our results suggest that there is evidence for all hypotheses to influence the decision making of auction bidders. In fact, we suggest to see the four hypothesis as cumulative value components, which reveal the true value of winning the auction at "zero cost" in aggregate.}, language = {en} } @misc{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {Measuring the cost of renewable energy in Germany}, series = {The Electricity Journal}, volume = {31}, journal = {The Electricity Journal}, number = {4}, issn = {1040-6190}, pages = {29 -- 33}, abstract = {Electricity generation from renewable energy is increasing globally. However, in most electricity systems this growth comes at a price in the form of increased costs. This paper quantifies the costs for renewable energy installations built in Germany between 2000 and 2011. Our analysis sheds light on the 'Energiewende' in Germany, which is a front runner in the worldwide renewables rollout. To evaluate cost, benefits and policy instruments, the methodology can also be applied to other countries.}, language = {en} } @misc{EngelhornMuesgens, author = {Engelhorn, Thorsten and M{\"u}sgens, Felix}, title = {How to estimate wind-turbine infeed with incomplete stock data: A general framework with an application to turbine-specific market values in Germany}, series = {Energy Economics}, volume = {72}, journal = {Energy Economics}, issn = {0140-9883}, pages = {542 -- 557}, abstract = {This paper analyses market values of wind energy converters at the individual turbine level on a very large scale. Such an analysis is usually precluded by the lack of detailed public data on the stock of wind turbines. We therefore present a general method to estimate incomplete turbine stock data and generate hourly yields of individual turbines based on completed turbine stock data and highly disaggregated hourly wind speed data. On this basis, we calculate hourly infeed and annual market values of up to 25,700 wind turbines in Germany from 2005 to 2015. We show the spread in market values on turbine level, quantify regional differences and discuss the effect of turbine age on market values. We show that turbines in central Germany have, on average, lower market values than turbines in the north, south or far west of Germany. Furthermore, we show that modern turbines reach higher market values than older turbines. We also analyse the drivers of market values, differentiating between infeed-price correlation and standard deviation.}, language = {en} } @techreport{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {Asymmetric Diesel Retail Pricing Strategies: Depending on Brands and Population Densities?}, publisher = {Brandenburgische Technische Universit{\"a}t}, address = {Cottbus ; Senftenberg}, pages = {30}, abstract = {Asymmetric cost pass-through between crude oil and retail fuel prices "Rockets and Feathers" has been analysed for different countries and time periods. However, few studies have been conducted for the German market. Furthermore, this study differentiates between company types and regions in this context. We compare price setting behaviour of independent and major brand stations following oil price changes. Furthermore, we differentiate between regions with higher and lower population densities. We establish an error correction model with a novel data set from the years 2011 to 2012. Our results confirm significant differences between price setting behaviour after oil price changes of major brand stations and other stations.}, language = {en} } @misc{KreuzMuesgens, author = {Kreuz, Sebastian and M{\"u}sgens, Felix}, title = {Asymmetric Diesel Retail Pricing Strategies: Depending on Brands and Population Densities?}, series = {Zeitschrift f{\"u}r Energiewirtschaft}, volume = {43}, journal = {Zeitschrift f{\"u}r Energiewirtschaft}, number = {2}, issn = {0343-5377}, doi = {10.1007/s12398-019-00252-x}, pages = {117 -- 130}, language = {en} } @techreport{RiepinMuesgens, author = {Riepin, Iegor and M{\"u}sgens, Felix}, title = {Seasonal Flexibility in the European Natural Gas Market}, publisher = {University of Cambridge, Energy Policy Research Group}, address = {Cambridge}, pages = {28}, language = {en} } @techreport{EngelhornMuesgens, author = {Engelhorn, Thorsten and M{\"u}sgens, Felix}, title = {Why is Germany's energy transition so expensive? Quantifying costs from wind energy decentralisation}, publisher = {Brandenburgische Technische Universit{\"a}t}, address = {Cottbus ; Senftenberg}, pages = {35}, language = {en} } @techreport{MuesgensKreuz, author = {M{\"u}sgens, Felix and Kreuz, Sebastian}, title = {{\"U}ber eine CO2-Bepreisung zur Sektorenkopplung: Ein neues Marktdesign f{\"u}r die Energiewende}, pages = {26}, abstract = {Dieser Impuls stellt Zwischenergebnisse der ESYS Arbeitsgruppe „Strommarktdesign" vor. Ein Schwerpunkt der Arbeitsgruppe ist ein verbessertes Marktdesign f{\"u}r die Sektorenkopplung, dessen wesentlicher Bestandteil eine wirksame CO2-Bepreisung ist. Aufgrund der aktuellen klimapolitischen Debatten und der damit verbundenen großen Dynamik hat die Arbeitsgruppe dieses Impuls mit besonderem Fokus auf dem CO2-Preis verfasst. Die Gesamtergebnisse werden 2020 in einer ausf{\"u}hrlichen Studie ver{\"o}ffentlicht, die auch weitere Aspekte des Strommarktdesigns umfasst.}, language = {de} } @misc{ScholzZundelMuesgens, author = {Scholz, Daniel and Zundel, Stefan and M{\"u}sgens, Felix}, title = {Price and Employment Effects triggered by a German Coal Phase-Out - A Discourse Analysis}, series = {16th International Conference on the European Energy Market (EEM)}, journal = {16th International Conference on the European Energy Market (EEM)}, publisher = {IEEE}, isbn = {978-1-7281-1257-2}, issn = {2165-4093}, doi = {10.1109/EEM.2019.8916478}, pages = {1}, language = {en} } @misc{BatzLineiroMuesgens, author = {Batz Li{\~n}eiro, Taimyra and M{\"u}sgens, Felix}, title = {A first analysis of the photovoltaic auction program in Germany}, series = {16th International Conference on the European Energy Market (EEM)}, journal = {16th International Conference on the European Energy Market (EEM)}, isbn = {978-1-7281-1257-2}, issn = {2165-4093}, doi = {10.1109/EEM.2019.8916472}, pages = {5}, language = {en} }