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Heterogeneous interconnections, which link regulated electricity markets to liberalised ones, are becoming increasingly important. Several such interconnections are set to be established in the near future especially between European and North African countries (e.g., Tunisia-Italy,...
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process of transmission rights is crucial. In an efficiently arbitraged uniform price auction generators will only obtain …-as-bid' auction, then these contracts can enhance market power. In the two-node network case banning generators from holding …
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