temporal non-homogeneity of electricity demand, limits the competitiveness of renewable energies (Joskow, 2011). We develop a … partial-equilibrium model of the European power market that contributes with a framework for capturing the temporal and … elasticity with fossil fuel-based technologies. Our results for the long-run electricity generation path of the European power …

, partly caused by more frequent situations with unilateral market power. The price impact was also most significant in off …-peak hours, leading to changed investment incentives. There were no appreciable quantity effects on the market, such as power …-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …

mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market … which electricity consumers can choose whether to trade on the spot market or negotiate bilateral contracts. Results suggest …The design of wholesale electricity markets in the transition towards liberalization presents significant differences …

multifractional Brownian motion can represent a good candidate to model the dynamics of electricity prices …

This paper investigates whether European electricity market reforms have induced any changes in firm efficiency either … sluggish productivity improvements of European electricity firms due to reforms implemented in the last decade. In particular …

The harmonization and integration of separate national energy markets to an interconnected internal European market is …. We also apply a novel approach to estimate the degree of market integration and find large differences between …

circles both for its content and the potential consequences to the gas and electricity markets. However, little has been said …