One of the major changes in european electricity markets is - besides the increasing share of renewable infeed - the … available interconnector capacity are not always auctioned independently from electricity. Instead, interconnector capacity is … implicitely auctioned in the Day-Ahead auction of electricity such that price differences between market areas are minimized …

Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply … intermittent renewable supply affect forward premiums in German electricity markets. We contribute to the existing literature by …

The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such … 2014 spot tariffs were introduced beside the flat tariffs for household consumers. Finally, simulations of agents behavior …

We extend existing theoretical frameworks describing electricity markets where each generator provides a Market …

Electricity system operations are often affected by energy policies, but spatial differences in policy impacts are … difficult to model. We develop a method for estimating zonal supply curves in transmission-constrained electricity markets that … supply curves, each segment of which represents the influence of a particular fuel type on the zonal electricity price. Our …

in most empirical analyses of market power in electricity rests on a flawed application of a standard measure of market …-cost margin). The flaw in those electricity market studies is not that the price-cost margin is theoretically inappropriate, but …

In the discussion on the relationship between spot and forward prices in electricity markets, the equilibrium approach … premium, on several European energy exchanges trading electricity futures. The concept of risk premium, as it is worked out by … electricity markets have been found in Central Europe and Scandinavia, while in Iberian the results are still negative. …