This paper proposes an extended version of the analytical structural model for the electricity market developed in a … previous paper. The presented electricity price process is driven by stochastic load and random plant availability as well as …, closed-form expressions for the forward expectation of the electricity price process, for European options premiums, as well …

Recent research into the determinants of household energy consumption has aimed to incorporate findings from economics … propensity and energy consumption at the household level. Drawing on the British Household Panel Survey, a well-known data set in … the context of energy studies, I show that trust is negatively correlated with household energy demand, while higher risk …

basic principles of the organisation of the electricity market to the greatest possible extent is required. The author … electricity network in balance, the opportunities which suppliers have to increase consumer involvement in the electricity market …, citizens' desire for setting up local energy cooperatives, the increase in the degree to which the electricity markets in …