This is the first ever Electricity Market Report produced by the International Energy Agency (IEA). Designed to … complement other reports in the Market Report Series on energy efficiency, renewables, coal, natural gas and oil, this report … focuses on developments in the world’s electricity markets amid the Covid-19 pandemic. It includes an assessment of 2020 …

This booklet gives an introduction to the issues raised by regulatory reform of the electricity sector. The sector is … undergoing change worldwide. A key objective of reform is to improve efficiency in order to reduce prices for electricity … short publications by the IEA on energy market reforms. …

Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the …-time pricing" for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand … elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The …

This paper examines the relationship between spot and futures prices for a broad range of commodities, including energy … and/or (2) accurate predictor of subsequent spot prices. While energy futures prices are generally unbiased predictors of …

We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap …, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to … 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the "equivalent" carbon tax, without any …