We examine the role of information transparency in Alberta's wholesale electricity market. Using data on firms' bidding … offer patterns adopted by those firms. For one of these firms, these patterns are associated with higher offer prices. This … patterns to reveal their identities to their rivals to elevate market prices. We show that certain firms respond to rival offer …

Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity …, such as improving the transparency of tariffs, thereby increasing the saliency of prices …

Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the …), this paper estimates the contribution of individual appliances to household electricity demand using the conditional demand … to the conditional distribution of household electricity consumption. This heterogeneity indicates that there are quite …

pricing of electricity in real time, particularly in hydro systems in Latin America. Audited costs are also substituted for … spot prices to be equal to marginal costs in a concentrated market can actually yield lower social welfare than under a bid … costs of generators in cost-based markets and how this can lead to distorted dispatch schedules and prices, ultimately …

We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …

We analyse how the market design influences the bidding behavior in multi-unit auctions, such as wholesale electricity …

Analysis of market power in electricity markets is relevant for understanding the competitive development of the … the unilateral market power with the Lerner Index (LI) computed as the inverse of the residual demand elasticity. In …

We measure the degree of market power execution and inefficiencies in Alberta's restructured electricity market. Using …

European electricity markets are geographically organized in zones, which often resemble countries. Overload of power … lines within zones have to be relieved through other means than the electricity market, e.g. so-called “redispatching” of … strate-gies and determine Nash-equilibrium prices. We show that rational market parties engage in the so-called increase …