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Interactions between electricity and hydrogen markets: A bi-level equilibrium approach
International Journal of Electrical Power & Energy SystemsEnergy systems increasingly rely on the synergistic operations of the electricity and hydrogen markets pursuing decarbonization. In this context, it is necessary to develop tools capable of representing the interactions between these two markets to ...
Luis Jesús Fernández +2 more
doaj +1 more source
Different Approaches to Supply Adequacy in Electricity Markets
This paper studies the electricity market design long run problem of ensuring enough generation capacity to meet future demand (resource adequacy). Reform processes worldwide have shown that it is difficult for the market alone to provide incentives to ...
Rosellon, Juan
core
Promoting renewable electricity generation in imperfect markets: price vs. quantity policies [PDF]
The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable ‘green’ certificate (TGC) schemes for renewable ...
Reinhard Madlener +3 more
core
Electricity markets are broken [PDF]
, 2016 This paper argues that electricity markets in Europe are broken. The increasing penetration of subsidised, zero marginal cost, intermittent generation has distorted prices to the extent that they can no longer give effective signals for investment or operation. The problem is increasingly being recognised but there is no consensus on the solution.
openaire +2 more sources
The Difficult Transition to Competitive Electricity Markets in the U.S. [PDF]
This paper discusses the causes and consequences of state and federal initiatives to introduce wholesale and retail competition into the U.S. electricity sector from 1995. The development and performance of wholesale market institutions, the expansion of
Joskow, P.L.
core
Topics in deregulated electricity markets
, 2016 The deregulation and introduction of market oriented competition has been a feature of major electricity markets worldwide in recent decades. This deregulation has given rise to a myriad of new challenges that impinge upon the decisions of market ...
Li, Zili
core
Market Power Abuse in Wholesale Electricity Markets
In wholesale electricity markets, prices fluctuate widely from hour to hour and electricity generators price-hedge their output using longer-term contracts, such as monthly base futures. Consequently, the incentives they face to drive up the power prices by reducing supply has a high hourly specificity, and because of hedging, they regularly also face ...
Xu, Alice Lixuan +4 more
openaire +2 more sources
A robust multivariate long run analysis of European electricity prices [PDF]
This paper analyses the interdependencies existing in wholesale electricity prices in six major European countries. The results of our robust multivariate long run dynamic analysis reveal the presence of four highly integrated central European markets ...
Fabio Baldi +3 more
core +2 more sources
Global Energy InterconnectionThe evaluation of the electricity market is crucial for fostering market construction and development. An accurate assessment of the electricity market reveals developmental trends, identifies operational issues, and contributes to stable and healthy ...
Weijie Wu +4 more
doaj +1 more source