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The evidence of volatility-price dependence observed in previous works (Karakatsani and Bunn 2004; Bottazzi, Sapio and Secchi 2005; Simonsen 2005) suggests that there is more to volatility than simply spikes. Volatility is found to be positively correlated with the lagged price level in settings where...
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, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …
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The literature on deregulated electricity markets generally assumes available capacities to be given. In contrast, this …
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We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord …
Persistent link: https://www.econbiz.de/10010320387
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … case for possible application to the electricity market and discusses the implications of the results. In the literature …
Persistent link: https://www.econbiz.de/10010284018
network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …. The insights are applied to the electricity supply industry in Germany. …
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substantial. Moreover, in addition to the deregulation process, the electricity sector is also subject to other changes such as … an upward pressure on prices. Since electricity is ubiquitous, the deregulation process should be closely monitored. …) monopoly thesis. Recently, however, a trend towards deregulation of such industries has been observed. This trend started with …
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impact of the electricity price deregulation in the industry level. We first construct two-stage dynamic game models by … prices which influence the impact of electricity price deregulation. Next, we collect empirical data to estimate the … parameters in the game models, and simulate the influence of electricity deregulation on the two industries in terms of market …
Persistent link: https://www.econbiz.de/10011957009