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The extent of European power markets
Böckers, Veit; Heimeshoff, Ulrich - In: Energy Economics 46 (2014) C, pp. 102-111
There is an ongoing debate on the degree of integration of European wholesale power markets. A major task of the European Union is the creation of a common market in Europe and a common power market is an important part of this goal. The literature analyzing the degree of integration of European...
Persistent link: https://www.econbiz.de/10011115883
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Resource externalities and the persistence of heterogeneous pricing behavior in an energy commodity market
Bunn, Derek; Koc, Veli; Sapio, Alessandro - In: Energy Economics 48 (2015) C, pp. 265-275
wholesale electricity market by four coal-fired plants, separately owned, approximately of the same age, size and efficiency …
Persistent link: https://www.econbiz.de/10011208294
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Can agent-based models forecast spot prices in electricity markets? Evidence from the New Zealand electricity market
Young, David; Poletti, Stephen; Browne, Oliver - In: Energy Economics 45 (2014) C, pp. 419-434
Modelling price formation in electricity markets is a notoriously difficult process, due to physical constraints on … electricity generation and transmission, and the potential for market power. This difficulty has inspired the recent development … of bottom-up agent-based algorithmic learning models of electricity markets. While these have proven quite successful in …
Persistent link: https://www.econbiz.de/10010939449
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The economics of new nuclear power plants in liberalized electricity markets
Linares, Pedro; Conchado, Adela - In: Energy Economics 40 (2013) S1, pp. 119-119
shortcomings, particularly when applied to liberalized electricity markets. Our paper provides results based on a different … electricity generation technologies. Our results show that the cost competitiveness of nuclear power plants is questionable, and …
Persistent link: https://www.econbiz.de/10010729333
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The impact of power market structure on CO2 cost pass-through to electricity prices under quantity competition – A theoretical approach
Sijm, Jos; Chen, Yihsu; Hobbs, Benjamin F. - In: Energy Economics 34 (2012) 4, pp. 1143-1152
emissions trading (ET) costs on electricity prices. Market structure refers in particular to the number of firms active in the …-related factors on the PTR of carbon costs to electricity prices. These include in particular the impact of ET-induced changes in the … impact on the rate of passing-through carbon costs to electricity prices. …
Persistent link: https://www.econbiz.de/10010868791
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Voluntary electricity conservation of households after the Great East Japan Earthquake: A stated preference analysis
Tanaka, Makoto; Ida, Takanori - In: Energy Economics 39 (2013) C, pp. 296-304
This paper examines the voluntary electricity-saving awareness of households after the Great East Japan Earthquake and … Company (KEPCO). The main findings of this paper are as follows. First, we observe awareness of voluntary electricity …
Persistent link: https://www.econbiz.de/10010681729
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Efficient storage capacity in power systems with thermal and renewable generation
Steffen, Bjarne; Weber, Christoph - In: Energy Economics 36 (2013) C, pp. 556-567
Power systems with high shares of wind and solar power have to balance their intermittent nature. Pumped-hydro storage plants can provide the required flexibility, while thermal backup plants offer an alternative. This paper proposes a capacity planning model to describe the efficient technology...
Persistent link: https://www.econbiz.de/10010616834
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Real-Time Pricing in the Nordic Power markets
Kopsakangas Savolainen, Maria; Svento, Rauli - In: Energy Economics 34 (2012) 4, pp. 1131-1142
In this paper we study the potential effects of Real-Time Pricing (RTP) of electricity on the need for long …
Persistent link: https://www.econbiz.de/10010571721
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Substitution in the electric power industry: An interregional comparison in the eastern US
Gao, Jing; Nelson, Robert; Zhang, Lei - In: Energy Economics 40 (2013) C, pp. 316-325
The electric power industry is restructuring as regulations move from states to regional and national levels. Estimates of regional fuel and input substitution are essential for practitioners and policy makers. This paper estimates substitution under static and dynamic scenarios, examining...
Persistent link: https://www.econbiz.de/10010718753
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Electric utilities, fuel use, and responsiveness to fuel prices
Matisoff, Daniel C.; Noonan, Douglas S.; Cui, Jinshu - In: Energy Economics 46 (2014) C, pp. 445-452
This research tests the impact of changes in fuel price to explain fuel use by electric utilities. We employ a three-stage least squares model that explains changes in fuel use as a function of changes in three fuel prices. This model is repeated across sub-samples of data aggregated at the...
Persistent link: https://www.econbiz.de/10011115874