We use simulations to study how the diversification of electricity generation portfolios influences wholesale prices …

Several regulatory authorities worldwide have recently imposed forward contract obligations on electricity producers as … bidding in electricity markets, or in any other auction-based market. For this purpose, we introduce forward contracts in a …

. If they are not able todo this, the mechanism keeps the market price of electricity too low during times ofhigh demand to …

The aim of this work is to analyse the behaviour of agents in highly concentrated and strongly regulated electricity … wholesale markets with rigid demand. In order to accomplish this aim, the analysis was based on the former Spanish electricity … generation market, between January 1999 and June 2007, before the MIBEL (Iberian Electricity Market) has started. The analysis is …

I analyze the ability of capacity payment mechanisms to alleviate underinvestment in electricity generation capacity. I …

, dynamic, market conduct and shock components, on a long data set from the most liquid of European electricity forward markets …, the EEX. We show that part of what is conventionally regarded as the market price of risk in electricity is actually that …

We study the impact of electricity divestments in a stylised model where a dominant producer faces a competitive fringe … (or low-cost) plants. We extend this theoretical result to the case with variable electricity demand by considering a …

We review the different market monitoring and market-power mitigation policies that arise in world electricity markets …. Regulators for electricity markets apparently respond to differences in underlying market structure and design features when …