in a supplier.s cost sometimes result in a major change in the market price. In wholesale electricity markets, we predict …

We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity …

interwoven in the electricity market as the producers of green electricity are also the suppliers of TGCs. In this paper, we … formulate an analytic equilibrium model for simultaneously functioning electricity and TGC markets, and focus on the role of … market power. We consider a Stackelberg leadership model with endogenous treatment of the interaction between the electricity …