and a semiparametric varying smooth coefficient model. The results indicate that the electricity price adapts to fuel … price changes in a long-term cointegration relationship. Different electricity generation technologies have distinct fuel … price dependencies, which allows estimating the structure of the power plant portfolio by exploiting market prices. The …

, but not unreasonable, price elasticity of between − 0.5 and − 0.2. Ambiguous effects on average prices and an unfortunate …

market, i.e., the residential electricity price has been lower than the industrial electricity price for decades, and the … electricity industry to achieve efficient outcomes, which implies that the residential electricity price should be higher than the … industrial electricity price based on their price elasticities. This paper presents one explanation of the phenomenon of reverse …

prices. Microeconometric evaluations of the causal impact of electricity price changes on plant-level outcomes are rare …

Most electricity systems face contractual fixed consumer prices in the short term, that is, load and price are fixed …

Energy Price Reform in ChinaThe Chinese leadership has determined to assign the market a decisive role in allocating …-oriented pricing mechanism, the pace and scale of the reform differ across energy types. This article discusses the evolution of price … these energy price reforms, in order to have the market to play a decisive role in allocating resources and help China …

New and alternative delimitations of price zones for Central Western Europe (CWE) might constitute a mid-term solution …. Thus, a new delimitation of price zones is frequently considered in current discussions and research. The present paper … demand- and supply situation to identify possible new price zone configurations. The algorithm is applied in a scenario …

imperfections that arise from the delay in price setting and market clearing. Do real-time prices induce an efficient outcome … fail to recover cost because they cannot ensure against their price risk. …