Fondazione Eni Enrico Mattei Working Papers 1276, 23.07.2019 | PDF Download
The main drivers of the transformation processes affecting electricity markets stem from climate policies and changing economic environments. In order to analyse the respective developments, modelling approaches regularly rely on multiple structural and parametric simplifications. The distorting effects can significantly affect the accuracy of long-term projections. In this study, we include information on economic discontinuities and evaluate their influences.