We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …

Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests … are inherently suspect in markets - such as electricity - that are subject to capacity constraints. In such markets … consistent with competitive behavior. Using this proxy to cap wholesale prices, as the U.S. Federal Energy Regulatory Commission …

The harmonization and integration of separate national energy markets to an interconnected internal European market is … a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a … that the phase-out triggered price increases of up to 19 percent in neighbouring countries whilst the renewable energy …

the country generation was unbundled from transmission and distribution and competitive markets for energy generation were … established. A decade has now passed since many of these market reforms were implemented, and increasing energy prices have re …-focused attention on these reforms. In particular, commentators are blaming the reforms for the rising energy prices and, in several …

restructuring in the electricity generation industry. As numerous industries and economies have undergone this sort of transition to … tighter regulation. Using data from the electricity industry, this analysis considers the total effect of restructuring on one …

The harmonization and integration of separate national energy markets to an interconnected internal European market is … a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a … that the phase-out triggered price increases of up to 19 percent in neighbouring countries whilst the renewable energy …

We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008 … heterogeneity in ownership structure in the electricity sector, while climate concerns and renewable policy measures have a limited … effect. The changing ownership structure has implications for electricity markets as private equity operates power plants at …