Modeling EU Electricity Market Competition Using the Residual Supply Index
An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included.
Year of publication: |
2010
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Authors: | Swinand, Gregory ; Scully, Derek ; Ffoulkes, Stuart ; Kessler, Brian |
Published in: |
The Electricity Journal. - Elsevier, ISSN 1040-6190. - Vol. 23.2010, 9, p. 41-50
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Publisher: |
Elsevier |
Saved in:
Online Resource
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