This paper investigates three models to implement Tradable Green Certificates (TGC) system with aid of game theory … between the price of electricity and the TGC price, as well as a direct relation between the price of electricity and the … share of green electricity in total electricity generation. It is found that Stackelberg model is an appropriate structure …

This paper investigates the incentives market participants have in the German electricity balancing mechanism …

in a supplier.s cost sometimes result in a major change in the market price. In wholesale electricity markets, we predict …

We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity …