• Market Power Under Nodal and Zonal Congestion Management Techniques 

      Bjørndal, Endre; Bjørndal, Mette; Rud, Linda; Rahimi Alangi, Somayeh (Discussion paper;14/17, Working paper, 2017-11-07)
      Contrary to the common thought that nodal pricing provides more opportunities for a strategic player to exert market power than the zonal model, we show that in the latter one because of the need for re-dispatch or ...
    • Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon? 

      Nguyen-Ones, Mai; Steen, Frode (Discussion paper;4/18, Working paper, 2018-04-19)
      Applying detailed consecutive daily micro data at the gasoline station level from Sweden we estimate a structural model to uncover the degree of competition in the gasoline retail market. We find that retailers do exercise ...
    • Real-time versus day-ahead market power in a hydro-based electricity market 

      Tangerås, Thomas P.; Mauritzen, Johannes (Discussion paper;06/14, Working paper, 2014-02)
      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 ...
    • Systematic Analysis of the Evolution of Electricity and Carbon Markets under Deep Decarbonisation 

      Blyth, William; Bunn, Derek; Chronopoulos, Michail; Munoz, Jose (Discussion paper;39/14, Working paper, 2014-12)
      The decarbonisation of electricity generation presents policy-makers in many countries with the delicate task of balancing initiatives for technological change whilst maintaining a commitment to market liberalisation. ...