different levels of competition for renewable producers. We find that it is optimal for renewable producers to sell less than … optimal quantity tends towards the expected production level. More competition as well as a more flexible power plant fleet …

Recovery of stranded costs is perhaps the most litigious issue encountering regulators in promoting competition in … United States and European utility industries. We build a dynamic model of Cournot competition which takes into account a … competition and stranded costs recovery are not necessarily incompatible. Mechanism design is the key element in welfare analysis …

Lack of transmission capacity hampers the efficient integration of the European electricity market, and thereby … precludes reaping the full benefits of competition. We investigate to what extent the expansion of the transmission grid … promotes competition, efficiency, and welfare. This work proposes a three-stage model for grid investment: a benevolent planner …