Hu, Xiao; Jaraitė, Jūratė; Kažukauskas, Andrius - 2020
We investigate the process of electricity price formation in the Swedish intraday market, given a large share of wind … power in the Swedish electricity system. According to Karanfil and Li’s (2017) approach, if the intraday market is efficient … and liquid, with large shares of intermittent electricity in the entire electricity system, the intraday price should send …