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We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …
Persistent link: https://www.econbiz.de/10012986998
imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic …
Persistent link: https://www.econbiz.de/10013058430
imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic …
Persistent link: https://www.econbiz.de/10010247376
Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed …
Persistent link: https://www.econbiz.de/10011882245
therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we …
Persistent link: https://www.econbiz.de/10011666918
Market power in electricity wholesale markets arises when generators have incentives to mark up their offers above the …
Persistent link: https://www.econbiz.de/10011824801
This article explores key market design issues to be addressed in future electricity markets dominated by intermittent … renewable generation with near zero private marginal costs for generating electricity. Changing technology mixes will change …
Persistent link: https://www.econbiz.de/10012834017
electricity demand. This paper examines countries' unilateral incentives to achieve supply security through capacity reserves and … market integration in a multinational electricity market. Capacity reserves protect consumers against blackouts and extreme …
Persistent link: https://www.econbiz.de/10011633642
We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using …
Persistent link: https://www.econbiz.de/10012059460
This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …
Persistent link: https://www.econbiz.de/10010433597