We elaborate economic explanations for the time-varying risk of month, quarter and year base load electricity forward …, we study unscheduled news announcements causing high volatilities. For this, a unique dataset of urgent market messages … both transmission system operators (TSOs) and market participants (MPs), and measure their impact over varying event …

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 … identify the lack of sub-hourly market coupling being the most relevant driver and restricted participation. We derive a proxy …