Future power systems dominated by zero-carbon generation resources may require
significant revisions to electricity market designs to ensure capacity adequacy and market …

We assess how firms' incentives to operate and invest in energy storage depend on the
market structure. For this purpose, we characterize equilibrium market outcomes allowing for …

Addressing climate change requires full decarbonization of our economies. Whether this
objective is achieved at least cost for society hinges on good policy design. In turn, this calls …

Market power has been a problematic issue for fair and transparent trades in various
electricity markets. To deal with the problems of existing market power mitigation methods …

The spot electricity market (SEM) faces the challenge of inefficiency problems from market
power (MP) abuse. However, previous studies have not adequately addressed such issues …

This paper quantifies how market power and uncompetitive behavior in forward markets
affect equilibrium prices to the detriment of consumers in the electricity industry in Colombia …

The Brazilian cost-based market employs the single-settlement system to clear electricity.
Besides single, this system adopts a hybrid mechanism in which the amount of electricity …

This article aims to analyze agents' behavior in a competitive hydrothermal energy market.
The idea is to investigate how much the day-to-day behavior of the market can be different …

Energy markets are undergoing a radical shift towards renewable energy and network
integration. We study the effects of integrating regions with storable (hydro) and intermittent …

Renewable generation creates a tradeoff between current and future energy production as
generators produce energy by releasing previously stored resources. Studying the …