In this paper we estimate residential electricity demand elasticities and conduct an analysis of the causal … relationship between electricity demand, disposable income and electricity price for a group of several OECD members. We apply … panel cointegration and Granger causality testing to a data set consisting of eighteen countries in the cross …

In this paper we introduce HECTOR, a new and advanced long-term electricity market model that simulates market behavior … considerations. The model simulates the electricity markets of 19 European countries, with over 400 groups of power plants, and is … able to closely approximate historic electricity prices. The average base load price computed by the model for 2006 …