The Shortcomings of the Architecture of the German Electricity Market
Björn Liebau and
Wolfgang J. Ströbele
The Electricity Journal, 2011, vol. 24, issue 5, 21-28
The architecture of the German electricity market is flawed by the poor linkage of various energy policy goals. Though most of the market interventions have benign intentions from a political point of view, they often have poor economic implications and therefore result in inefficient market outcomes.
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