Tail dependence characterizes cross market linkages during periods of extreme price behavior. Analyzing tail dependence … can richly inform market participants, in particular those operating across several markets how to understand price risk …. A copula approach is therefore employed to assess the tail dependence across regional electricity markets. We use daily …

We study the problem of optimal staged purchases of electricity in time-sequential deregulated electricity markets. In … recent years, the electricity industry has been deregulated and multiple time-sequential auction markets, such as the block … forward, the day-ahead and the hour-of, and the real-time electricity markets, are formed. Thus, a load serving entity need to …

therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we … identify the lack of sub-hourly market coupling being the most relevant driver and restricted participation. We derive a proxy …

producers send less detailed cost information to the operator of the day-ahead market. Ideally centralized electricity markets …In centralized markets, producers submit detailed cost data to the day-ahead market, and the market operator decides … electricity markets, while most of Europe has decentralized wholesale electricity markets. The main problem with centralized …

2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …Due to the call for further integration of European markets and the targeted climate goals, both European electricity …-called Flow-Based Market Coupling (FBMC) superseded the previous net-transfer-capacity-based approach in Central Western Europe in …