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 …

role in the US electricity generation mix. In recent years, the region’s wholesale natural gas and electricity markets have … region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non …-gas electricity generation assets in New England that benefit from their gas-fired competitors paying higher fuel input costs. We …

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 …

In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the … divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers … have more market power during peak periods when demand is high. Therefore, a decrease in market power should lead to …

are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … electricity in response to summer temperature fluctuations. The result is retrieved under weaker identifying assumptions than … previous split incentives papers, and is robust when exposed to several opportunities to fail. The electricity reduction in …

The marginal cost of electricity fluctuates hour-by-hour, yet retail customers typically face flat prices. Using data …

We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … Pool market and Spain, using one-year futures for base and peak load prices for the years 2009-2012, corresponding to … physical settlement during the second market phase of the EU ETS. We employ a series of estimation methods that allow for an …

of the electricity market in the US 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 …

We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … effects are key in retail electricity markets. Out-of-sample prediction errors using machine learning are (slightly) lower … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices …