Market prices make it possible to realise returns on capital investments in the electricity sector, but these prices … mechanism allows a single producer (or multiple producers with the same production mix) to recover its (their) costs despite the …

We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices … (particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …

This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … of the electricity market in the US as our case study, we find support for our theoretical predictions. Furthermore, we …