Energy communities, following the guidelines defined from the European Commission, gained in the last years an increasing attention in the research. In the European context, a regulatory framework for member States has been provided from the Clean Energy Package for all Europeans in 2019 (European Commission, 2019), where the Renewable Energy Directive REDII (European Commission, 2018) and the...
In this paper we analyze the design of hedging products for electricity to unlock industrial investments into load shifting capacity. Currently, most industrial consumers buy a large share of electricity in advance on forward and future markets, where the most liquid products are baseload contracts (EEX, 2025). However, using these contracts severely limits the direct exposure to price signals...
The rapid transition of European power systems is putting pressure on the revenues of renewable energy generators. The growing penetration of solar and wind generation has led to frequent periods with low electricity prices and a rising occurrence of negative prices in recent years. As the installed renewable capacity continues to expand across markets, price cannibalisation is expected to...