This paper investigates price volatility and spillover effects in the Nordic electricity wholesale markets, comprising Sweden, Finland, Denmark, and Norway. Utilizing both the Time-Varying Parameter Vector Autoregressive (TVP-VAR) and Rolling Window-based VAR (RW-VAR) approaches, we analyze the...

In diesem Papier werden die 1990 begonnenen Maßnahmen zur Liberalisierung und Re- Regulierung der Elektrizitätswirtschaft in Norwegen, Schweden und Finnland skizziert. Dabei wird insbesondere der Frage nachgegangen, inwieweit im Bereich des Stromhandels durch die Reformen eine wettbewerbliche...

It has been argued that having a contract market before the spot market enhances competition (Allaz and Vila, 1993). Taking into account the repeated nature of electricity markets, we check the robustness of the argument that the access to contract markets reduces the market power of generators....

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...