Analysis of market power in electricity markets is relevant for understanding the competitive development of the industry's restructuring and liberalization process. Because the existing literature lacks adequate consideration of line transmission congestion, this paper sets forth a new approach...

Electricity markets are becoming more integrated around the world. However, the knowledge of the effects of different auction formats on suppliers' strategies in the presence of transmission constraints and transmission costs is still very limited. In this paper, I analyze the performance of...

The integration of electricity markets around the world has increased the importance of congestion between countries/states and has initiated a discussion of how to harmonize network tariffs. This paper analyzes how the transmission capacity and the transmission cost, such as a transmission...

This paper provides a technical primer for the energy economist wishing to study the optimal power flow problem, but, who like this paper’s author, find it difficult to simply plow through Schweppe et al. (1988). This paper’s aim is to provide the reader with sufficient technical background...

Development and adoption of energy sources that meet the objectives of modern societies poses a new challenge in the world. The current European energy policies aim at ensuring an energy portfolio that supports a cleaner environment and strengthens supply security by providing an affordable,...

This paper provides a technical primer for the energy economist wishing to study the optimal power flow problem, but, who like this paper’s author, find it difficult to simply plow through Schweppe et al. (1988). This paper’s aim is to provide the reader with sufficient technical background...

This report investigates the effect of increasing the number of wind turbine generators on transmission line congestion in the Australian National Electricity Market’s (NEM) existing transmission grid from 2014 to 2025. This reports answers urgent questions concerning the capability of the...

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 power plants. Traditionally, this has often been...

A considerable literature has extolled the virtues of transitioning away from rate-of-return regulation for infrastructure-intensive industries. I find that for a large-scale transmission network like the U.S. natural gas pipeline system, transmission capacity under rate-of-return regulation may...

Decarbonization of the electricity sector, and expanding it to facilitate decarbonization of transportation, heating, and other energy applications primarily using fossil fuels, is an important step in mitigating climate change. A widely advocated step in that direction is long-term planning to...