in the contract prices. We consider and test a wide-ranging set of propositions, involving fundamental, behavioural …, 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 …

During the Summer of 2000, wholesale electricity prices in California were nearly 500% higher than they were during the … explain this increase in wholesale electricity prices. We simulate competitive benchmark prices for Summer of 2000 taking … same months in 1998 or 1999. This price explosion was unexpected and has called into question whether electricity …

Wind is the fastest growing source for electricity in the United States. During 2001, U.S. wind power plant …, green tags, and government power purchases. Deregulation of the electric power industry is continuing. In some cases this is … allowing higher electricity rates that may increase the rate of wind plant development. Power shortages, natural gas price …

electricity market prices. …Electricity markets are complex adaptive systems that operate under a wide range of rules that span a variety of time … scales. These rules are imposed both from above by society and below by physics. Many electricity markets are undergoing or …