On windy days, Denmark tends to export electricity to its neighbours, and to import power on calm days. Storing … electricity in this way thus allows the country to deal with the intermittency of wind generation. We show that this kind of …

regulators. Where there is third party access to transmission, the tariffs may need to send stronger signals of the relative …-used reserves to cope with intermittent renewable generation. Regulators in control of final prices charged to consumers will …

In an attempt to reduce high electricity prices in England and Wales, the government and regulator forced the largest … impact on short-term wholesale electricity prices, the switch from a centralised to a decentralised market has not. … generators to divest some plant in the late 1990s, and introduced New Electricity Trading Arrangements in March 2001. We use a …

will be allowed to choose their electricity supplier. This promises to result in lower prices, but there will be additional …Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … are likely to be large transfers from electricity companies (and the coal industry) to consumers, but the companies lose …

The energy utilities – gas and electricity companies – were traditionally regulated monopolies, but once the EU decided …

Volatile fuel prices affect both the cost and price of electricity in a liberalised market. Generators with the price … are not volatile. Emissions permit prices may respond to relative fuel prices, further increasing volatility. This paper …