Boffa, Federico; Pingali, Viswanath; Vannoni, Davide - In: International Journal of Industrial Organization 28 (2010) 3, pp. 311-322
We estimate the benefits (in terms of savings to end-users) resulting from an improved interconnectivity in the Italian electricity spot market. The market is currently divided into two geographic zones - North and South - with limited inter-zonal transmission capacity that often induces...