We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …

We collect ownership data of U.S. power plants accounting for 99% of U.S. electricity generation over the 2008 … heterogeneity in ownership structure in the electricity sector, while climate concerns and renewable policy measures have a limited … effect. The changing ownership structure has implications for electricity markets as private equity operates power plants at …

Optimal capacity allocation for investments in electricity generation assets can be deterministically derived by … perspective. Because existing literature on MVP applications in electricity generation markets uses predominantly numerical … demonstrate an application of the proposed framework and results to the German electricity market which has not yet been treated …

The European Commission is introducing new regulations on submission and publication of data in electricity markets … (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an … immediacy. I conclude that to achieve the aims of efficiently functioning wholesale electricity markets, fair and non …

The European electricity system is undergoing significant changes, not only with respect to developments in generation … by regulators, network operators and the European Commission with the objective to create an \Internal Energy Market". In … 2013, European network operators formulated the Network Code on Electricity Balancing (NC EB) which foresees arrangements …

field for DG and conventional power generation. Due to the impact of DG on the electricity grid infrastructure, future … regulation should consider the costs and benefits of the integration of decentralized energy generation units. Without an … adequate consideration, the overall costs of the electricity generation system will be unnecessarily high. The present paper …

We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …

entire technologies. Moreover, current levelized costs of electricity methodologies focus only on the producer's costs, while … results are to be used for planning. Although this type of electricity production cost assessments can be useful, the habit of … generalizing electricity production cost figures for entire technologies is problematic. Cost escalations tend to occur rapidly …

We measure the degree of market power execution and inefficiencies in Alberta's restructured electricity market. Using … capacity costs for certain generation technologies. We demonstrate that the energy market pro ts in the presence of no market …

analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an …