Market power Europe

Considering Effect of Energy Market on Reactive Power Market

In this paper, a new structure for reactive power market is presented. Considering reactive power losses caused by active power flow in the reactive power market is the main purpose of this paper. Hence, this study tries to improve reactive power market and create fair competition in reactive power generation.

Nord Pool : A Power Market Without Market Power

Regulatory reform in the Nordic electricity-supply markets has resulted in a single integrated Nordic electricity market. This paper performs an econometric study of market power in the spot market of Nord Pool, the joint Nordic power exchange. I use a dynamic extension of the Bresnahan-Lau model, and weekly data for the period from 1996 through April 1999. To my knowledge, this is the first st...

Power exchange spot market trading in Europe : theoretical considerations and empirical evidence OSCOGEN

This paper discusses exchange-based spot market trading of electricity in Western Europe, both from a theoretical and an empirical perspective. The theoretical section contains a selection of references to recent and seminal research in this field of research, and touches upon issues such as the dealing with grid constraints, modelling of bidding systems, bidding strategies, types of auctions, ...

The eLearning industry and market in Europe

Market Integration for Natural Gas in Europe

In this paper we examine the degree of market integration in French gas imports. Are there substantial price differences between gas from different export countries, and do prices move together? Furthermore, we analyze to what extent the French, German and Belgian markets are integrated. The long-term takeor-pay contracts are described and analyzed. Time series of Norwegian, Dutch and Russian g...