A variety of methods and ideas have been tried for electricity price forecasting (EPF) over the
last 15 years, with varying degrees of success. This review article aims to explain the …

This paper surveys the literature relevant for comparing centralized and decentralized
wholesale electricity markets. Under a centralized design, producers submit detailed cost …

As additional power companies embark on unbundling of their generation and transmission
assets and additional players such as brokers, marketers, and aggregators join power …

This book offers an in-depth and up-to-date review of different statistical tools that can be
used to analyze and forecast the dynamics of two crucial for every energy company …

We present a method for decomposing wholesale electricity payments into production costs,
inframarginal competitive rents, and payments resulting from the exercise of market power …

This paper examines vertical arrangements in electricity markets. Vertically integrated
wholesalers, or those with long-term contracts, have less incentive to raise wholesale prices …

We present an empirical analysis of restructured electricity prices. We study the distributional
and temporal properties of the price process in a non-parametric framework, after which we …

In an unregulated electricity generation market, the degree to which generators in" different
locations compete with one another depends on the capacity to transmit electricity" between …

The paper considers a model of competition among firms that produce a homogeneous
good in a networked environment. A bipartite graph determines which subset of markets a …

The electricity market has since 1980s been gradually evolving from a monopoly market into
a liberalized one for encouraging competition and improving efficiency. This brings the …