Boomsma, Trine Krogh; Juul, Nina; Fleten, Stein-Erik - In: European Journal of Operational Research 238 (2014) 3, pp. 797-809
For electricity market participants trading in sequential markets with differences in price levels and risk exposure, it is relevant to analyze the potential of coordinated bidding. We consider a Nordic power producer who engages in the day-ahead spot market and the hour-ahead balancing market....