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An Extended Multi-Factor Structural Model for the Electricity Market
Wottka, Thomas - 2017
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 stochastic marginal generation cost factors embedded...
Persistent link: https://www.econbiz.de/10012970389
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A Multi-Fuel Structural Model for the Electricity Market Applied to CHP Generation
Wottka, Thomas - 2017
This paper presents an analytical structural model for the electricity price process driven by stochastic load as well as stochastic marginal generation costs in a multi-fuel stack framework covering the entire fuel switch dynamics. Moreover, the random character of available generation capacity...
Persistent link: https://www.econbiz.de/10012972150
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Cross-border electricity interconnectors in the EU : the status quo
Brunekreeft, Gert; Meyer, Roland - 2018
An important goal of the European Commission is the promotion of the internal energy market (here specifically electricity), which requires sufficient and adequate cross-border interconnector capacity. However, cross-border interconnector capacity is scarce and, more importantly, the progress of...
Persistent link: https://www.econbiz.de/10011797725
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Product Market Competition and Upstream Innovation : Theory and Evidence from the US Electricity Market Deregulation
Sanyal, Paroma - 2015
organizational structure. Second, we use the US electricity deregulation in the 1990's to test the model. Using patents as a metric … for innovation, we identify two channels through which the effects of deregulation are transmitted to innovation: (a) the … appropriation effect which has decreased innovation by 19.5 percent after deregulation, and (b) the competition effect which has …
Persistent link: https://www.econbiz.de/10012749984
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Introducing Competition and Deregulating the British Domestic Energy Markets : A Legal and Economic Discussion
Harker, Michael; Price, Catherine Waddams - 2014
In this article we chart the development of competition and deregulation of the British retail energy markets …
Persistent link: https://www.econbiz.de/10014052667
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Electricity market integration, decarbonisation and security of supply : dynamic volatility connectedness in the Irish and Great Britain markets
Do, Hung; Nepal, Rabindra; Jamasb, Tooraj - 2020
This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it is driven by changes in energy policy, institutional structures and political ideologies. We assess various aspects of this volatility connectedness including static...
Persistent link: https://www.econbiz.de/10012194466
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Energy Transition and the Electricity Market : An Exploration of an Electrifying Relationship
Mulder, Machiel - 2018
While achieving the ambitious energy transition targets is important to society, it is also costly. To keep these costs as low as possible and, thus, increase the chances of successfully accomplishing the energy transition, upholding the basic principles of the organisation of the electricity...
Persistent link: https://www.econbiz.de/10012934377
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Barriers to a real competitive business environment on the liberalised energy market
Kádár Horváth, Ágnes - In: Theory, methodology, practice 8 (2012) 2, pp. 37-43
Persistent link: https://www.econbiz.de/10010411379
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The CMA's assessment of customer detriment in the UK retail energy market
Littlechild, Stephen C. - 2020
Persistent link: https://www.econbiz.de/10013203298
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The Impact of Regulatory Change on EU Energy Utility Returns : The Three Liberalization Packages
Tulloch, Daniel J. - 2017
The European Union's (EU) energy sector is changing due to major policy reforms. In this article, we examine the impact of major legislative changes which were designed to induce competition in the energy sector: the three liberalization packages. Competition was expected to benefit the industry...
Persistent link: https://www.econbiz.de/10012949854