The impact of market design on transmission and generation investment in electricity markets
Electricity market design interacts with transmission network investment decisions, for example through multiple pricing zones or curtailment rules. In this webinar, Professor Zöttl will explore this and quantify the effects of curtailment and transmission investment in a model calibrated to the German market. Valuable insights can be gained for Australia, as the country faces a significant redesign of its market and grapples with a fast energy transition that may require further transmission investment.
Speaker
Professor Dr Gregor Zöttl, University of Erlangen-Nuremberg, Germany
Gregor Zöttl is a professor of industrial organisation and energy markets at Friedrich-Alexander Universität Erlangen-Nürnberg in Germany. He completed his doctoral degree on applied microeconomics, with a focus on the energy industry, at Université Catholique de Louvain, Belgium, in 2008. He then joined the Seminar of Economic Theory at LMU Munich, where he completed a habilitation in 2012. His research focuses on the design of regulated and unregulated markets, including a particular interest in the analysis of energy markets. Professor Zöttl has written research papers on a range of related topics, such as how long-term investment activities can be ensured in energy markets.
Event host
Associate Professor Guillaume Roger, Centre for Global Business (CGB), Monash Business School
A/Professor Roger is the founder and coordinator of the Australian Energy Markets Initiative (AEMI), which was introduced by CGB to spur academic research, policy formulation and industry engagement in the electricity sector in Australia. Guillaume also holds appointments as an Associate Director of the Monash Energy Institute and a Co-Director of the Grid Innovation Hub. His research focuses on incentive design and dynamic contracts under moral hazard and has been published in top field journals in economic theory.
Organised by
Centre for Global Business’ (CGB) Australian Energy Market Initiative (AEMI) (Monash Business School) and the Monash Energy Institute (MEI)
Register now
Event Details
- Date:
- 26 May 2021 at 4:30 pm – 5:30 pm
- Venue:
- Online - Melbourne time
- Categories:
- Global Business; CGB Webinar Series; Australian Electricity Market Initiative
Description
Electricity market design interacts with transmission network investment decisions, for example through multiple pricing zones or curtailment rules. In this webinar, Professor Zöttl will explore this and quantify the effects of curtailment and transmission investment in a model calibrated to the German market. Valuable insights can be gained for Australia, as the country faces a significant redesign of its market and grapples with a fast energy transition that may require further transmission investment.
Speaker
Professor Dr Gregor Zöttl, University of Erlangen-Nuremberg, Germany
Gregor Zöttl is a professor of industrial organisation and energy markets at Friedrich-Alexander Universität Erlangen-Nürnberg in Germany. He completed his doctoral degree on applied microeconomics, with a focus on the energy industry, at Université Catholique de Louvain, Belgium, in 2008. He then joined the Seminar of Economic Theory at LMU Munich, where he completed a habilitation in 2012. His research focuses on the design of regulated and unregulated markets, including a particular interest in the analysis of energy markets. Professor Zöttl has written research papers on a range of related topics, such as how long-term investment activities can be ensured in energy markets.
Event host
Associate Professor Guillaume Roger, Centre for Global Business (CGB), Monash Business School
A/Professor Roger is the founder and coordinator of the Australian Energy Markets Initiative (AEMI), which was introduced by CGB to spur academic research, policy formulation and industry engagement in the electricity sector in Australia. Guillaume also holds appointments as an Associate Director of the Monash Energy Institute and a Co-Director of the Grid Innovation Hub. His research focuses on incentive design and dynamic contracts under moral hazard and has been published in top field journals in economic theory.
Organised by
Centre for Global Business’ (CGB) Australian Energy Market Initiative (AEMI) (Monash Business School) and the Monash Energy Institute (MEI)
Register now