This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it … this volatility connectedness including static (unconditional) vs dynamic (conditional), symmetric vs asymmetric … characteristics between 2009 and 2018. We find that volatility connectedness is time varying and is significantly affected by …

China's electricity sector has experienced substantial efficiency improvement during the last one and a half decades …. The recent literature has mostly attributed the efficiency improvement to the 2002 unbundling reform with little attention … contributed at least half of the observed efficiency improvement during this period. The results have significant implications for …

pricing of electricity in real time, particularly in hydro systems in Latin America. Audited costs are also substituted for … spot prices to be equal to marginal costs in a concentrated market can actually yield lower social welfare than under a bid … costs of generators in cost-based markets and how this can lead to distorted dispatch schedules and prices, ultimately …

This paper investigates whether European electricity market reforms have induced any changes in firm efficiency either … through productive, allocative or dynamic efficiency improvements. In particular, this ex-post analysis looks closely at … sluggish productivity improvements of European electricity firms due to reforms implemented in the last decade. In particular …