Modeling EU Electricity Market Competition Using the Residual Supply Index

An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are include...

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Veröffentlicht in:	The Electricity journal 2010-11, Vol.23 (9), p.41-50
Hauptverfasser:	Swinand, Gregory, Scully, Derek, Ffoulkes, Stuart, Kessler, Brian
Format:	Artikel
Sprache:	eng
Schlagworte:	COMPETITION COST ECONOMETRICS ELECTRIC POWER Electricity ENERGY PLANNING, POLICY AND ECONOMY EUROPEAN UNION MARKET Markets Markup Mathematical models POWER GENERATION PRICES RSI SIMULATION
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