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 …

major impediment to higher RES penetration often lies in the historically grown structures of a country’s electricity sector … both reliable and affordable electricity. However, this focus on only two of the three horns of the energy trilemma, namely …-in into a fossil fuel future. In the last decades, several other countries have successfully restructured their electricity …

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

time. In the context of electricity markets, I show how the auction structure and bidding data can be used to estimate …

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

We measure the degree of market power execution and inefficiencies in Alberta's restructured electricity market. Using …

production capacity. In a zonal pricing electricity market, the one proposed by the European Commission to integrate the European … electricity markets, I analyze the effects that investments in transmission and production capacity have on consumer welfare and …

This paper investigates the existence of contagion effects in electricity markets. The concept of contagion has been …