at all locations in California's wholesale electricity market after the introduction of financial trading on February 1st … 2011. This results in a 2.7% reduction in market-wide production costs per megawatt-hour of electricity output in high …

We examined the impact of the ongoing electricity system reform in Japan on social welfare, retail electricity service … level and retail electricity prices. In our paper, the default system is monopolistic and combines average cost pricing with … social welfare and retail service efforts are improved after the electricity system reform. After considering the feedback …

This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an … analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …

The restructuring and deregulation of global electricity markets has brought about fundamental changes in the behaviour … providing best-practice forecasts of electricity prices and price volatility, often employing very high-frequency data. The … electricity markets throughout the world. Apart from discussing the strengths and weaknesses of the different approaches, the …