The design of wholesale electricity markets in the transition towards liberalization presents significant differences … mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market … which electricity consumers can choose whether to trade on the spot market or negotiate bilateral contracts. Results suggest …

This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both …-sectional data were examined with respect to:(a) ENEL - the Italian electricity monopolist;(b) municipal authorities (MUNIs), i ….e. town-based electric utilities which sometimes hold franchises for electricity distribution within city limits …

energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …

the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … analytical model of electricity markets, and a calibrated numerical model of the Northwestern European integrated power system …

empirical market data from Germany. Despite German VRE capacity doubled during the last five years and has surpassed 70% of peak … household electricity prices. Nevertheless, we identify several sources of inefficiency in control power markets and imbalance …

This paper addresses the economic impact of the EU Emission Trading Scheme for carbon on wholesale electricity and gas … prices. Specifically, we analyse the mutual relationships between electricity, gas and carbon prices in the daily spot … influence the equilibrium price of electricity. Furthermore, we derive the dynamic pass-trough of carbon into electricity price …