In this electricity market design paper, we investigate the value of flexibility of conventional power plants in today …'s electricity markets, and whether the current market conditions suffice for recouping the power plant operator's investments and …, and argue that a levelized cost of electricity (LCOE) approach for option valuation of flexible and non …

electricity generation technologies (wind, solar, biomass) after 2017. A strategic bidding model is used to determine the optimal …

In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral … industry level. This enables us to reap the benefits of lower heterogeneity within the electricity-consuming sectors … between 0.70 and 1.90 for economic activity and between –0.52 and zero for the price of electricity. The short …