This article analyses the impact of the interplay between the demand response, wind penetration and hydropower in the Nordic power market. We develop a long-term equilibrium model in which the thermal power capacity adjusts to the zero-profit level over varying real-time pricing adoption rates...

The various emissions, including GHG emissions, from electricity production are a crucial part of environmental impact assessments of any kinds of products, services and consumption. Usually average annual emissions are used, but electricity market has lately increased interest in daily-based...