of the electricity market in the U.S. as our case study, we find support for our theoretical predictions. Furthermore, we …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated …

-out in Europe by 2030 has a moderate impact on total production of electricity (4 percent reduction) and only a tiny impact … GDP in Europe …

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate … market prices. These fluctuations can induce estimates of market power that ignore dynamic costs to overstate markup …

interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity …, whereupon strategic interaction may result. Along these lines, the market for Tradable Green Certificates (TGCs) is strongly …

energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of …

subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …-scale transfer of surplus from the incumbent producers to the consumers: 10% market share for wind generation eliminates one-half of …

We extend existing theoretical frameworks describing electricity markets where each generator provides a Market … opportunity to submit rebids. In the Australian National Energy Market (NEM) where settlement prices are an average of six …

by the Constitutional Council; the challenges relating to renewable and nuclear electricity generation; the ways to …