The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such …

This paper develops a dynamic model of competitive equilibrium in electricity markets with thermal, hydro and …

the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the … use a power systems model to simulate the whole European electricity market in 2030. Using the renewable revenues …

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 …

reforms for coal, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of …

The economics of electricity is shaped by its physics. A well know example is the non-storability of electricity that … causes its price to fluctuate widely. More generally, physical constraints cause electricity to be a heterogeneous good along … commonly used cost indicators such as "levelized electricity costs" and "grid parity". Heterogeneity is relevant for all …

The recent price coupling of many European electricity markets has triggered a fundamental change in the interaction of … paper we propose a regime-switching AR-GARCH copula to model pairs of day-ahead electricity prices in coupled European …