imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic …We analyse in a theoretical framework the link between real-time and day-ahead market performance in a hydro-based and …

We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …

Increasing shares of fluctuating renewable energy, the integration of European electricity grids and markets as well as … new technologies induce continuous change in the European energy system. Due to these changes, fundamental electricity … system and market models that have been developed and applied in the past are dealing with an increasing number of details …

inefficiency induced by hiding transmission constraints from the market (in zonal pricing regimes) is analyzed. First, a simple two … equilibrium model including more nodes, loop flows and an energy and transmission forward market. Inefficiency in the transmission … forward market is introduced via a bid-ask-spread and risk aversion of market participants. The welfare impacts for abroad …

therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we … identify the lack of sub-hourly market coupling being the most relevant driver and restricted participation. We derive a proxy …

imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic …We analyse in a theoretical framework the link between real-time and day-ahead market performance in a hydro-based and …

subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August …We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of … 2012. We measure the effect of wind on the marginal cost of generating electricity using a system of seemingly unrelated …