In this paper we study the potential effects of Real Time Pricing (RTP) of electricity to the need of long-run capacities in the Nordic power markets. A characteristic of the Nordic power market is the large variety of production technologies of which hydro and nuclear power are capacity...

This paper studies the interaction between hydro and wind power in hydro-thermal-wind power system. Socially efficient and monopoly hydropower allocation solutions are presented. Market power utilization potential for hydropower is reduced during low demand periods when residual demand crosses...

Previous empirical literature on residential dynamic pricing for the Nordic market has questioned whether households will in fact appropriately respond, in view of the low price variability and price responsiveness in the Swedish setting. Household demand response is an issue of some importance...