We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices … (particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …

This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … of the electricity market in the US as our case study, we find support for our theoretical predictions. Furthermore, we …

electricity market considering thermal generation costs, wholesale electricity prices and wind generation subsidies. A Monte Carlo …-island Irish electricity system. The impact of NAO obviously depends on the level of wind capacity within an electricity system …. Our results indicate that NAO phases can affect thermal generation costs by up to 8%, wholesale electricity prices by as …

dominates despite modest efficiency gains, leading to higher consumer prices. Deregulation does not necessarily reduce prices … impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups … tradeoff. Market-based prices can provide incentives to allocate resources more efficiently and reduce costs, but the presence …

This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it … this volatility connectedness including static (unconditional) vs dynamic (conditional), symmetric vs asymmetric … characteristics between 2009 and 2018. We find that volatility connectedness is time varying and is significantly affected by …

Restricted participation in sequential markets may cause high price volatility and welfare losses. In this paper we … 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 …

electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. … where relative prices can move between pricing-regimes; markets switch between being decoupled and integrated. Our model …