[eng] This paper presents an experimental investigation of the effects of a demand-response mechanism on the efficiency of competitive wholesale electric-power markets. Under most electricity deregulation , attention has initially and exclusively been placed on the supply side of the industry....

Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level : (i)...

Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: (i) the...