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 …

This study analyzes the effects of additional interconnection on welfare and competition in the Irish electricity … market. I simulate the wholesale electricity markets of Great Britain and the island of Ireland for 2005. I find that in …

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 …