Zarnikau, J.; Woo, C.; Baldick, R. - In: Journal of Regulatory Economics 45 (2014) 2, pp. 194-208
Regression analysis suggests that zonal averages of locational marginal prices under the nodal market are about 2 % lower than the balancing energy prices that would occur under the previous zonal market structure in ERCOT. The estimates for the nodal market price effects are found after...