The creation of adequate investment incentives has been of great concern in the restructuring of the electricity sector … employ laboratory methods to explore the relationship between market design, capacity provision and pricing in electricity … investment albeit at the cost of higher energy prices during peak periods and substantial capacity payments in the capacity …

from electricity markets, where regulators have implemented different policies to subsidize clean energy. Building on a …

In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long … compete. Collectively, our results present a set of positive efficiency results for peer-to-peer electricity markets. …

We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known … electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed … increase welfare since risk-averse consumers dislike uncertain and high prices arising through market power. In the Bertrand …

) prices, improve revenue stability and inform (re-)investment decisions. It is however unclear whether load has capacity and …