We examine the dependence structure of electricity spot prices across regional markets in Australia. One of the major objectives in establishing a national electricity market was to provide a nationally integrated and efficient electricity market, limiting market power of generators in the...

This paper introduces a Generalised Additive Model (GAM) to link high frequency intraday (5-minute) aggregate electricity demand in Australia to the time of the day and intra-day temperature. We show a superior model fit when using Daylight Saving Time (DST), or clock time, instead of the...