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This paper analyses the interdependencies existing in wholesale European electricity prices. The results of a multivariate long run dynamic analysis of weekly median prices reveal the presence of a strong although not perfect integration among some neighboring markets considered in the sample...
Persistent link: https://www.econbiz.de/10003592632
The new surge in electric vehicle (EV) charging in Texas can be served efficiently during the early morning hours with large wind generation, low electricity demand, low prices, and low environmental damage. This paper simulates the ERCOT wholesale electricity market and its environmental...
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This paper analyses a set of model-based decarbonization scenarios in order to quantify the long-term economic benefits that arise from an increasing integration of the pan-European electricity system. It thereby focuses on the interplay between transmission infrastructure and renewable...
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markets can make the transition more efficient; 3. In some areas, a too-narrow focus on competition can be detrimental, and … three levels of intervention: 1) competition rules and enforcement should be adjusted to meet the new challenges of the … benefits of competition for efficient resource allocation in the transition. Institutions should not focus solely on static …
Persistent link: https://www.econbiz.de/10013373117