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We investigate the process of electricity price formation in the Swedish intraday market, given a large share of wind power in the Swedish electricity system. According to Karanfil and Li’s (2017) approach, if the intraday market is efficient and liquid, with large shares of intermittent...
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Households typically receive utility bills where all electricity use during a fixed period of time is lumped together. The lack of direct feedback in the form of marginal costs of using specific electric appliances reduces the attention people give to their energy consumption and potentially...
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A rather large literature argue that firms and households do not improve energy efficiency by investing in new technology despite that is cost-effective to do so. If this is the case people would be able to reduce their energy bills and spend their money on more pleasurable things. We argue that...
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