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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 …
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Market power in electricity wholesale markets arises when generators have incentives to mark up their offers above the …
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In this paper,the trade-off between inefficient transmission forward markets (in nodal pricing regimes) and the inefficiency induced by hiding transmission constraints from the market (in zonal pricing regimes) is analyzed. First, a simple two node model formalizing the general trade-off is...
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The European electricity market design is based on zonal markets with uniform prices. Locational price signals within … distortions of the electricity market, both in the short- and in the long-term.In this paper, we study these distortions with a … and investment model of the European electricity system and gradually restrict the allowed expansion of the transmission …
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