Figueiredo, Nuno Carvalho; Silva, Patrícia Pereira da; … - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2014
This paper aims to assess the influence of wind power generation on the market splitting behaviour of the Iberian … electricity spot markets. We use logit models to express the probability response for market splitting of day-ahead spot …. The results show that the probability of market splitting increases with the increase of wind power generation. The …