Add to ORKGThe thesis examines the major hydro producers’ exertion of market power in the Nordic wholesale electricity market, Nord Pool, in the period from 2014 through 2016. Building on the economic notion that only firms with market power dictate their production according to the price elasticity of demand, I build an IV regression model that isolate the effect of changes in this price responsiveness on spot prices in the day-ahead market. The main results show that a reduction of 0.1 in elasticity is associated with an increase in spot prices of about 2 €/MWh. This advocate that the hydro suppliers had limited, but statistically significant, market power in the sample period.nhhma
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
It is well established within both the economics and power system engineering literature that hydro ...
The thesis examines the major hydro producers’ exertion of market power in the Nordic wholesale elec...
The main objective of this thesis consists of two parts, an analysis of special characteristics of e...
The main objective of this thesis consists of two parts, an analysis of special characteristics of e...
We analyse in a theoretical framework the link between real-time and day-ahead market performance i...
This dissertation presents a framework for testing for market power in storable-good markets. The fr...
This dissertation presents a framework for testing for market power in storable-good markets. The fr...
We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers h...
Objective of a hydro producer is to deliver sustainable energy to fulfill electricity supply and sim...
The purpose of this article is to analyze how market power may affect the allocation of production b...
The purpose of this article is to analyze how market power may affect the allocation of production b...
We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers h...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sourc...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
It is well established within both the economics and power system engineering literature that hydro ...
The thesis examines the major hydro producers’ exertion of market power in the Nordic wholesale elec...
The main objective of this thesis consists of two parts, an analysis of special characteristics of e...
The main objective of this thesis consists of two parts, an analysis of special characteristics of e...
We analyse in a theoretical framework the link between real-time and day-ahead market performance i...
This dissertation presents a framework for testing for market power in storable-good markets. The fr...
This dissertation presents a framework for testing for market power in storable-good markets. The fr...
We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers h...
Objective of a hydro producer is to deliver sustainable energy to fulfill electricity supply and sim...
The purpose of this article is to analyze how market power may affect the allocation of production b...
The purpose of this article is to analyze how market power may affect the allocation of production b...
We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers h...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sourc...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
The EU has decided upon a common goal that 20% of its energy should come from renewable power sour...
It is well established within both the economics and power system engineering literature that hydro ...