The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such … Spain and some of the Scandinavian countries have recently given to the consumers the possibility to face the spot prices … choose between fixed tariffs and the wholesale prices. The model is calibrated on a real market case - Spain - where since …

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

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 …

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 …

before they buy electricity in the wholesale market, we show that welfare is highest if competition in generation and …This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and … welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices …

This paper studies the effects of introducing competition for local passenger railway markets in the German state of … Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the … further suggest that the effects of competition may depend strongly on the operator. -- Competition for the market …

inframarginal bids to prevent competition on prices. The seller can obstruct this behavior by tilting her supply schedule and making …