discourages “cheating.” This paper models the restructured electricity spot market as an infinitely repeated, uniform last …-price auction. It does so by starting with the framework of von der Fehr and Harbord (1992, 1993), who solved for an electricity …

Accurate forecast of electricity load are increasingly important. We present a method to forecast long-term weather …-dependent hourly electricity load using artificial neural networks. The fully connected dense artificial neural networks with 5 hidden … prediction accuracy of future electricity loads …

European electricity markets are geographically organized in zones, which often resemble countries. Overload of power … lines within zones have to be relieved through other means than the electricity market, e.g. so-called “redispatching” of …

electricity trading. Electricity trading is now commonly done around the clock and based on quarter hours, rather than hours. The …

temperature and electricity usage. Higher temperatures were found to lead to sharp increases in electricity usage. But those … analyses were based on electricity delivered to all sectors (residential, commercial, and industrial), and cooling demand is … likely to be driven primarily by the latter two. In this paper, we use hourly electricity demand from a sample of Italian …

How much electricity does the world really need? Economic theory suggests that electricity demand depends on a number … of factors such as per capita income, economic output, supply and cost of electricity. However, formal electricity demand … prospective electricity need. This study proposed a method and then implemented it for the question of whether luminosity …

rural Africa. Bringing electricity to this population will require an unprecedented use of mini-grids and standalone solar …

We analyse how the market design influences the bidding behavior in multi-unit auctions, such as wholesale electricity …

Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price …, finding that only those households that are informed about prices are sensitive to price changes, whereas the electricity … demand of uninformed households is entirely price-inelastic. Based on these results, to curb the electricity consumption of …