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 …

The harmonization and integration of separate national energy markets to an interconnected internal European market is … a top priority of the European Commission. However, as energy policy largely remains subject to national sovereignty, a … that the phase-out triggered price increases of up to 19 percent in neighbouring countries whilst the renewable energy …

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 …

In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies …

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 …

Ontario electricity consumers will benefit from less risk and lower prices if the province moves to a capacity market … for obtaining generation, according to a report from the C.D. Howe Institute. In “Rethinking Ontario’s Electricity System … generators would receive payments for being available to produce energy, if needed, at some point in the future …

Illustrated on the case of Nordic electricity market we conduct an econometric analysis of area price spreads …

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 …

In this paper we analyze the time series of daily mean prices generated in the Italian electricity market, which … seasonalities in the electricity prices. We use periodic models with GARCH disturbances and leptokurtic distribution and compare …