Reacting to Changing Paradigms: How and Why to Reform Electricity Markets
Author
Abstract
Suggested Citation
Note: I, 13 p.
Download full text from publisher
References listed on IDEAS
- Newbery, David, 2016.
"Missing money and missing markets: Reliability, capacity auctions and interconnectors,"
Energy Policy, Elsevier, vol. 94(C), pages 401-410.
- David Newbery, 2015. "Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors," Cambridge Working Papers in Economics 1513, Faculty of Economics, University of Cambridge.
- David Newbery, 2015. "Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors," Working Papers EPRG 1508, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Anthony PAPAVASILIOU & Yves SMEERS, 2017. "Remuneration of flexibility using operating reserve demand curves: a case study of Belgium," LIDAM Reprints CORE 2900, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- J. Zarnikau & C. Woo & R. Baldick, 2014. "Did the introduction of a nodal market structure impact wholesale electricity prices in the Texas (ERCOT) market?," Journal of Regulatory Economics, Springer, vol. 45(2), pages 194-208, April.
- Richstein, Jörn C. & Lorenz, Casimir & Neuhoff, Karsten, 2020.
"An auction story: How simple bids struggle with uncertainty,"
Energy Economics, Elsevier, vol. 89(C).
- Richstein, Jörn C. & Lorenz, Casimir & Neuhoff, Karsten, 2020. "An auction story: How simple bids struggle with uncertainty," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 89, pages 1-1.
- Jörn C. Richstein & Casimir Lorenz & Karsten Neuhoff, 2018. "An Auction Story: How Simple Bids Struggle with Uncertainty," Discussion Papers of DIW Berlin 1765, DIW Berlin, German Institute for Economic Research.
- Neuhoff, Karsten & Wolter, Sophia & Schwenen, Sebastian, 2016.
"Power markets with Renewables: New perspectives for the European Target Model,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 37, pages 3-38.
- Karsten Neuhoff, Sophia Wolter and Sebastian Schwenen, 2016. "Power markets with Renewables: New perspectives for the European Target Model," The Energy Journal, International Association for Energy Economics, vol. 0(Bollino-M).
- Frank A. Wolak, 2011. "Measuring the Benefits of Greater Spatial Granularity in Short-Term Pricing in Wholesale Electricity Markets," American Economic Review, American Economic Association, vol. 101(3), pages 247-252, May.
- vom Scheidt, Frederik & Qu, Jingyi & Staudt, Philipp & Mallapragada, Dharik S. & Weinhardt, Christof, 2022. "Integrating hydrogen in single-price electricity systems: The effects of spatial economic signals," Energy Policy, Elsevier, vol. 161(C).
- Anthony Papavasiliou & Yves Smeers, 2017. "Remuneration of Flexibility using Operating Reserve Demand Curves: A Case Study of Belgium," The Energy Journal, International Association for Energy Economics, vol. 0(Number 6).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jimenez, I. Sanchez & Ribó-Pérez, D. & Cvetkovic, M. & Kochems, J. & Schimeczek, C. & de Vries, L.J., 2024. "Can an energy only market enable resource adequacy in a decarbonized power system? A co-simulation with two agent-based-models," Applied Energy, Elsevier, vol. 360(C).
- Chaves, J. P. & Cossent, R. & Gómez San Román, T. & Linares, P. & Rivier, M., 2023. "An assessment of the European electricity market reform options and a pragmatic proposal," Cambridge Working Papers in Economics 2325, Faculty of Economics, University of Cambridge.
- J.P. Chaves & R. Cossent & T. Gómez San Román & P. Linares & M. Rivier, 2023. "An assessment of the European electricity market reform options and a pragmatic proposal," Working Papers EPRG2305, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Karsten Neuhoff & Fernanda Ballesteros & Mats Kröger & Jörn C. Richstein, 2023. "Contracting Matters: Hedging Producers and Consumers with a Renewable Energy Pool," Discussion Papers of DIW Berlin 2035, DIW Berlin, German Institute for Economic Research.
- Michał Pikus & Jarosław Wąs, 2024. "Predictive Modeling of Renewable Energy Purchase Prices Using Deep Learning Based on Polish Power Grid Data for Small Hybrid PV Microinstallations," Energies, MDPI, vol. 17(3), pages 1-12, January.
- Sonnsjö, Hannes, 2024. "What we talk about when we talk about electricity: A thematic analysis of recent political debates on Swedish electricity supply," Energy Policy, Elsevier, vol. 187(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Neuhoff, Karsten & Richstein, Jörn C. & Kröger, Mats, 2023. "Reacting to changing paradigms: How and why to reform electricity markets," Energy Policy, Elsevier, vol. 180(C).
- Eicke, Anselm & Schittekatte, Tim, 2022. "Fighting the wrong battle? A critical assessment of arguments against nodal electricity prices in the European debate," Energy Policy, Elsevier, vol. 170(C).
- Bajo-Buenestado, Raúl, 2021. "Operating reserve demand curve, scarcity pricing and intermittent generation: Lessons from the Texas ERCOT experience," Energy Policy, Elsevier, vol. 149(C).
- Muñoz, Francisco D. & Suazo-Martínez, Carlos & Pereira, Eduardo & Moreno, Rodrigo, 2021. "Electricity market design for low-carbon and flexible systems: Room for improvement in Chile," Energy Policy, Elsevier, vol. 148(PB).
- David P. Brown & Andrew Eckert & Douglas Silveira, 2023.
"Strategic interaction between wholesale and ancillary service markets,"
Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
- Brown, David P. & Eckert, Andrew & Silveira, Douglas, 2022. "Strategic Interaction Between Wholesale and Ancillary Service Markets," Working Papers 2022-11, University of Alberta, Department of Economics.
- Michael G. Pollitt & Karim L. Anaya, 2021.
"Competition in Markets for Ancillary Services? The Implications of Rising Distributed Generation,"
The Energy Journal, , vol. 42(1_suppl), pages 1-28, June.
- Michael G. Pollitt & Karim L. Anaya, 2020. "Competition in Markets for Ancillary Services? The Implications of Rising Distributed Generation," The Energy Journal, , vol. 41(1_suppl), pages 5-32, June.
- Michael G. Pollitt & Karim L. Anaya, 2021. "Competition in Markets for Ancillary Services? The Implications of Rising Distributed Generation," The Energy Journal, , vol. 42(1_suppl), pages 1-2, June.
- Michael G. Pollitt and Karim L. Anaya, 2020. "Competition in Markets for Ancillary Services? The Implications of Rising Distributed Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
- Michael Pollitt, 2019. "Competition in Markets for Ancillary Services? The implications of rising distributed generation," Working Papers EPRG1928, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Pollitt, M. & Anaya, K., 2019. "Competition in Markets for Ancillary Services? The implications of rising distributed generation," Cambridge Working Papers in Economics 1973, Faculty of Economics, University of Cambridge.
- Simshauser, Paul, 2019.
"Missing money, missing policy and Resource Adequacy in Australia's National Electricity Market,"
Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
- Paul Simshauser, 2018. "Missing money, missing policy and Resource Adequacy in Australia's National Electricity Market," Working Papers EPRG 1821, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P, 2018. "Missing money, missing policy and Resource Adequacy in Australia’s National Electricity Market," Cambridge Working Papers in Economics 1840, Faculty of Economics, University of Cambridge.
- Le Cadre, Hélène & Mezghani, Ilyès & Papavasiliou, Anthony, 2019. "A game-theoretic analysis of transmission-distribution system operator coordination," European Journal of Operational Research, Elsevier, vol. 274(1), pages 317-339.
- Stover, Oliver & Karve, Pranav & Mahadevan, Sankaran, 2023. "Reliability and risk metrics to assess operational adequacy and flexibility of power grids," Reliability Engineering and System Safety, Elsevier, vol. 231(C).
- Maria Kannavou & Marilena Zampara & Pantelis Capros, 2019. "Modelling the EU Internal Electricity Market: The PRIMES-IEM Model," Energies, MDPI, vol. 12(15), pages 1-28, July.
- Cartuyvels, Jacques & Papavasiliou, Anthony, 2022. "Calibration of Operating Reserve Demand Curves using Monte Carlo Simulations," LIDAM Discussion Papers CORE 2022009, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Simshauser, Paul, 2018. "On intermittent renewable generation & the stability of Australia's National Electricity Market," Energy Economics, Elsevier, vol. 72(C), pages 1-19.
- Simshauser, Paul, 2018. "Garbage can theory and Australia's National Electricity Market: Decarbonisation in a hostile policy environment," Energy Policy, Elsevier, vol. 120(C), pages 697-713.
- Tsaousoglou, Georgios & Petsinis, Konstantinos & Makris, Prodromos & Skoteinos, Iraklis & Efthymiopoulos, Nikolaos & Varvarigos, Emmanouel, 2021. "A shortage pricing mechanism for capacity remuneration with simulation for the Greek electricity balancing market," Utilities Policy, Elsevier, vol. 71(C).
- Triolo, Ryan C. & Wolak, Frank A., 2022. "Quantifying the benefits of a nodal market design in the Texas electricity market," Energy Economics, Elsevier, vol. 112(C).
- Chaves, J. P. & Cossent, R. & Gómez San Román, T. & Linares, P. & Rivier, M., 2023. "An assessment of the European electricity market reform options and a pragmatic proposal," Cambridge Working Papers in Economics 2325, Faculty of Economics, University of Cambridge.
- Daraeepour, Ali & Patino-Echeverri, Dalia & Conejo, Antonio J., 2019. "Economic and environmental implications of different approaches to hedge against wind production uncertainty in two-settlement electricity markets: A PJM case study," Energy Economics, Elsevier, vol. 80(C), pages 336-354.
- Lasantha Meegahapola & Pierluigi Mancarella & Damian Flynn & Rodrigo Moreno, 2021. "Power system stability in the transition to a low carbon grid: A techno‐economic perspective on challenges and opportunities," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 10(5), September.
- Joel Gilmore & Tahlia Nolan & Paul Simshauser, 2024.
"The Levelised Cost of Frequency Control Ancillary Services in Australia’s National Electricity Market,"
The Energy Journal, , vol. 45(1), pages 201-229, January.
- Gilmore, J. & Nolan, T. & Simshauser, P., 2022. "The Levelised Cost of Frequency Control Ancillary Services in Australia’s National Electricity Market," Cambridge Working Papers in Economics 2203, Faculty of Economics, University of Cambridge.
- Katzen, Matthew & Leslie, Gordon W., 2024. "Siting and operating incentives in electrical networks: A study of mispricing in zonal markets," International Journal of Industrial Organization, Elsevier, vol. 94(C).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwpok:pbk189. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.