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Several regulatory authorities worldwide have recently imposed forward contract obligations on electricity producers as … bidding in electricity markets, or in any other auction-based market. For this purpose, we introduce forward contracts in a …
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In electricity day-ahead markets organized as uniform price auction, a small reduction in supply in times of high …-Austrian electricity market to investigate the relationship between electricity spot prices and generation failures. Differentiating …
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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 …
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We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … increases consumer rent and overall welfare. In contrast, electricity producers generally suffer from storage. We also find that …
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