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This paper examines the redesign of the Irish Single Electricity Market in order to comply with the European Target … Model for electricity. In particular, this work focuses on the challenges raised by the high concentration in the generation … sector which exists in the Irish electricity market. We examine the theoretical and empirical conditions under which forward …
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Horizontal shifts in bid curves observed in wholesale electricity markets are consistent with Cournot competition …. Quantity competition reduces the informational requirements associated with evaluating market performance because the markups …
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market. -- Electricity market ; balancing power ; uniform-price auction ; pay-as-bid auction …
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Capacity constraints on transmissions of electricity are raising an increasing policy concern as electricity markets … this paper is to highlight the impact of transmission capacity constraints and transmission costs on electricity market …
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We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
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