Two electricity price models are presented in the frame of switching and threshold autoregressive exogenous (TARX …. Revised and published with the same title in Energy Market (EEM), 2010 7th International Conference on the European …

producers send less detailed cost information to the operator of the day-ahead market. Ideally centralized electricity markets …In centralized markets, producers submit detailed cost data to the day-ahead market, and the market operator decides … electricity markets, while most of Europe has decentralized wholesale electricity markets. The main problem with centralized …

Over the last 15 years, an increasing number of electricity industries has replaced vertical integration with markets … market designs can provide theoretically equivalent incentives for generators to build capacity, and that emissions trading … may have unexpected impacts upon electricity prices …

Analysis of market power in electricity markets is relevant for understanding the competitive development of the … transmission congestion, this paper sets forth a new approach to measuring market power in the Italian Power Exchange (IPEX) by … unilateral market power from congestion rent for the main Italian generators during the period of April 2004 to December 2007. In …