Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/95654 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
IFN Working Paper No. 1009
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
We analyse in a theoretical framework the link between real-time and day-ahead market performance in a hydro-based and imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic power exchange, Nord Pool Spot (NPS).We reject the hypothesis that prices at NPS were at their competitive levels throughout the period under examination. The empirical approach uses equilibrium prices and quantities and does not rely on bid data nor on estimation of demand or marginal cost functions.
Schlagwörter: 
Hydro power
market power
Nord Pool Spot
JEL: 
D43
D92
L13
L94
Q41
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.11 MB





Publikationen in EconStor sind urheberrechtlich geschützt.