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This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …. Two models that aim at explaining intraday liquidity are developed. The first model considers the fundamental merit …-order and intraday adjustment needs as the drivers of liquidity in a perfectly competitive market. The second model relaxes the …
Persistent link: https://www.econbiz.de/10010433597
This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …. Two models that aim at explaining intraday liquidity are developed. The first model considers the fundamental merit …-order and intraday adjustment needs as the drivers of liquidity in a perfectly competitive market. The second model relaxes the …
Persistent link: https://www.econbiz.de/10013062320
System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …
Persistent link: https://www.econbiz.de/10011517142
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 …
Persistent link: https://www.econbiz.de/10012979689
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 …
Persistent link: https://www.econbiz.de/10011553026
-frequency feedback and peer comparisons. In our field experiment in retail electricity, we find that high and low energy users …
Persistent link: https://www.econbiz.de/10012973296
This paper analyzes the functioning of the markets for electricity reserves in Germany. We provide an overview of the …
Persistent link: https://www.econbiz.de/10014217888
and contains almost all valid information on liquidity risk. As the credit level decreases, the explanatory power of …
Persistent link: https://www.econbiz.de/10013206142
In this paper we empirically analyse the impact of disaggregated ICT capital on the electricity intensity in five major …): 541-550] for the French services sector. On the one hand, the analysis provides evidence for an electricity-saving effect … computers and software on the electricity intensity of industrial production is not that clear-cut, but rather seems to be …
Persistent link: https://www.econbiz.de/10013038783
We study the dynamics of residential electricity demand by exploiting a natural experiment that produced large and long …
Persistent link: https://www.econbiz.de/10012908782