level and retail electricity prices. In our paper, the default system is monopolistic and combines average cost pricing with …We examined the impact of the ongoing electricity system reform in Japan on social welfare, retail electricity service … fixed entity profit, while the reformed system is characterized by competitive marginal cost pricing. We show that both …

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

Due to the call for further integration of European markets and the targeted climate goals, both European electricity … 2015, aiming at a better representation of physics of the electricity grid as well as increased transparency of market …

dynamic price signals. We find substantial wholesale energy cost savings for the retailer from declaring into events designed … to shift consumption from high demand periods to low demand periods within the day, which suggests that such a pricing … strategy could significantly reduce the cost of increasing the share of greenhouse gas free wind and solar electricity …