competition, akin to the competition in wholesale electricity markets. An acute form of market power may arise if a supplier is …In the process of regulatory reform in the electric power industry, the mitigation of market power is one of the basic … problems regulators have to deal with. We use experimental data to study the sources of market power with supply function …

theory. The theory predicts that forward premia in electricity markets are determined by the statistical properties of demand …

This paper examines the recently deregulated Irish electricity market. We ask: given this newly imposed institutional … structure, does the availability of true marginal prices for electricity products affect the price/quantity bids submitted by … market participants? First, we analyse the price movements within this market since 2007 to produce a model which best …

We document substantial rigidity in household electricity demand in response to large price shocks. We partnered with … an electricity retailer to run a field experiment in which randomly-selected households received discounts of up to 50 …% on their total electricity bill or up to 95% off their per unit cost of electricity for a full month. We show that the …