@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} } @misc{JansenStaffellKitzingetal., author = {Jansen, Malte and Staffell, Iain and Kitzing, Lena and Quoilin, Sylvain and Wiggelinkhuizen, Edwin and Bulder, Bernard and Riepin, Iegor and M{\"u}sgens, Felix}, title = {Offshore wind competitiveness in mature markets without subsidy}, series = {Nature Energy}, volume = {5}, journal = {Nature Energy}, number = {8}, issn = {2058-7546}, doi = {10.1038/s41560-020-0661-2}, pages = {614 -- 622}, language = {en} } @misc{MuesgensRiepin, author = {M{\"u}sgens, Felix and Riepin, Iegor}, title = {Offshore-Windenergie - subventionsfrei?}, series = {e|m|w.Trends : das Innovationsmagazin von ener|gate}, journal = {e|m|w.Trends : das Innovationsmagazin von ener|gate}, number = {5}, issn = {1611-2997}, language = {de} }