Deregulation of the electricity generating industry, under way in the United States as well as in Europe, would yield … financial markets to manage price uncertainty. Electricity spot prices tend to be remarkably volatile as consequence of extreme … undertook the same process, as well as Norwey, Germany and Spain, we formulate a simple model to control the well functioning of …

electricity market as the producers of green electricity are also suppliers of Green Certificates. In this paper, we formulate an … analytic equilibrium model for simultaneously functioning electricity and Green Certificates markets, and focus on the role of … market for Green Certificates and the electricity market as separate markets; and a Nash-Cournot game with endogenous …

group of developed countries (France, Germany, Japan, and the UK)over the period 1985-2005. Using the stochastic production …

We sketch the main aspects of Greece’s electricity system from a market-based point of view. First, we provide data … electricity market. …

in auction-type electricity markets. The methods considered include standard autoregression (AR) models, their extensions …

, including those of wholesale electricity market. The long-term component filtering is an important part of price analysis since … an example of the Russian day-ahead electricity market (price zones Europe-Ural and Siberia). Our results shows that the …