In this paper, characteristics of the prices of reserves and regulation services in the Ontario, New York and ERCOT electricity markets are studied. More specifically, price variability, price jumps, long-range correlation, and non-linearity of the prices are analyzed using the available...

Between 1995 and 2011, the population of Alberta increased by roughly 40 per cent, but energy use in the province grew much faster, with a 62 per cent increase over the same period. In the industrial sector, the province’s largest energy consumer, demands grew 110 per cent. In mining and...

This work examines the effects of large-scale integration of wind powered electricity generation in a deregulated energy-only market on loads (in terms of electricity prices and supply reliability) and dispatchable conventional power suppliers. Hourly models of wind generation time series, load...