In modern organized wholesale electricity markets, power is sold competitively in a two-settlement auction comprised of … electricity prices in which firms compete to meet demand from consumers, first in quantities, then in prices. I show that the …

As European countries move towards complete unbundling in electricity markets, some issues regarding market design are …

In this paper we analyze the time series of daily mean prices generated in the Italian electricity market, which … seasonalities in the electricity prices. We use periodic models with GARCH disturbances and leptokurtic distribution and compare …