resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to … away from the prices set by the central government in the centrally planned economy and towards a more market … reforms for coal, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of …

the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right … energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …

prices which influence the impact of electricity price deregulation. Next, we collect empirical data to estimate the … impact of the electricity price deregulation in the industry level. We first construct two-stage dynamic game models by … parameters in the game models, and simulate the influence of electricity deregulation on the two industries in terms of market …

We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known … electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed … increase welfare since risk-averse consumers dislike uncertain and high prices arising through market power. In the Bertrand …

paper we propose a regime-switching AR-GARCH copula to model pairs of day-ahead electricity prices in coupled European …The recent price coupling of many European electricity markets has triggered a fundamental change in the interaction of … day-ahead prices, challenging additionally the modeling of the joint behavior of prices in interconnected markets. In this …

finances to volatility in the international markets have represented further major issues. As a result, energy access and power … capacity, maintenance, and financial constraints. While historically natural gas has been disregarded or flared into the … atmosphere because it was considered a by-product of oil due to lacking market conditions and processing capacity, today the …