A linear complementarity model is developed and presented for two different electricity market designs comprising an energy-only as well as a capacity market. In addition, storage units are implemented, assessing the impact of the market design on these units. Results of a case study for northern Eu...

An equilibrium model of the energy market is extended by a carbon emissions market. In addition, the mix of renewable energy sources is optimized given a limit on total generation. These two new features are integrated into an existing model to assess the effects of a carbon emissions market in a ca...