Showing 1 - 8 of 8
Electricity markets are becoming more integrated around the world. However, the knowledge of the effects of different …
Persistent link: https://www.econbiz.de/10013010225
The integration of electricity markets around the world has increased the importance of congestion between countries … the transmission cost, such as a transmission tariff, influence bidding behavior in electricity markets. It is shown that … connection tariffs, which are used in the majority of the European countries, always push up electricity prices and always hurt …
Persistent link: https://www.econbiz.de/10013021852
Wholesale electricity markets use different market designs to handle congestion in the transmission network. We compare …
Persistent link: https://www.econbiz.de/10013106737
Simulation studies have pointed to the advantages of trading closer to real-time with large amounts of wind power. Using Danish data, I show that, as expected, shortfalls increase the probability of trade on the short-term market, Elbas. But in the period studied between 2010 and 2012 surpluses...
Persistent link: https://www.econbiz.de/10013049421
Zonal pricing with countertrading (a market-based redispatch) gives arbitrage opportunities to the power producers located in the export-constrained nodes. They can increase their profit by increasing the output in the dayahead market and decrease it in the real-time market (the inc-dec game)....
Persistent link: https://www.econbiz.de/10012920098
I examine the effects of privatization, in the form of acquisitions, in the Swedish electricity distribution sector. As …
Persistent link: https://www.econbiz.de/10012941136
Horizontal shifts in bid curves observed in wholesale electricity markets are consistent with Cournot competition …
Persistent link: https://www.econbiz.de/10012941143
The capacity of the transmission network determines the extent of integration of a multi-national energy market. Cross-border externalities render coordination of network capacity valuable. Is it then optimal to collect powers in the hands of a single regulator? Should a common system operator...
Persistent link: https://www.econbiz.de/10013069265