Upon discussion of price setting on electricity wholesale markets, many refer to the so-called merit order model … markets. In this context, this paper analyses price setting on European power markets. We use a fundamental electricity market …

Globally about 800 million people live without electricity at home, over two thirds of which are in sub-Saharan Africa … activities. Planning electricity access infrastructure and allocating resources efficiently requires a careful assessment of the …-scale electrification planning studies have been based on top-down electricity demand targets. Yet, poorly representing the heterogeneity in …

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 …

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 …

, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of these energy price …

electricity market by a power generation expansion model. In particular, we assume that generators make their capacity expansion … electricity prices and demand, investments and generators' profits both in an oligopolistic and in a perfectly competitive … investment policy affects electricity prices that significantly increase in 2020 compared to their 2009 levels. The raise of …

We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of … subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August … electricity price more than it increases constraint payments, even when storage is on outage. The effect of wind remains positive …

Accurate information about electricity generation and consumption is crucial to power system modelling. Several … example, annual electricity generation from wind and solar power in Germany differs by as much as 10%–20%, depending on who … provided, nor is it constant. The deviation is particularly worrying in Germany, where peak electricity demand might be …

introduction had on the electricity market. The most relevant effect is the reduction of the level of electricity price …'s volatility. This effect has been investigated after having removed, from electricity data time series, the periodic behavior …

We study residential demand for electricity and gas, working with nationwide household-level data that cover recent … longitudinal component (up to 6 observations per dwelling). We estimate static and dynamic models of electricity and gas demand. We … of the own price elasticity of electricity demand in the -0.860 to -0.667 range, while the own price elasticity of gas …