Add to ORKGWe present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent alternative market structures. In one of them, labeled as vertical separation, we assume that power generating firms and electricity distributors-end-suppliers belong to separate business groups. In the second, we study the effect of entry by independent end-suppliers. Both alternative scenarios dominate the status quo in terms of market efficiency, whereas the latter of them dominates the former
In this paper we describe the Spanish electricity industry and its current regulatory regime. Specia...
This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers,...
A central feature of electricity market reforms involved restructuring monopoly utilities. In the Ge...
We present experimental results from a series of sessions organized using the Power Market simulator...
We analyze a realistic simulation of a complex electricity network. We obtain the data with a series...
We analyze a realistic simulation of a complex electricity network. We obtain the data with a series...
The Spanish electricity market has two particularities: 1) the high concentration in the hands of tw...
Vertical separation of generation from electricity retailing has often been required as a condition ...
This paper studies how competition and vertical structure jointly determine generating capacities, r...
This paper characterises the impact of vertical integration on price equilibria and incentives to st...
We study the role of vertical structure in determining generating capacities and retail prices in th...
A liberalised market is a market where customers can freely choose their supplier. This market model...
The EU has been promoting unbundling of the transmission grid from other stages of the electricity s...
The Spanish electricity spot market is highly concentrated both on the seller and the buyer side. Fu...
The literature on vertical integration in markets with regulated upstream prices suggests that the i...
In this paper we describe the Spanish electricity industry and its current regulatory regime. Specia...
This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers,...
A central feature of electricity market reforms involved restructuring monopoly utilities. In the Ge...
We present experimental results from a series of sessions organized using the Power Market simulator...
We analyze a realistic simulation of a complex electricity network. We obtain the data with a series...
We analyze a realistic simulation of a complex electricity network. We obtain the data with a series...
The Spanish electricity market has two particularities: 1) the high concentration in the hands of tw...
Vertical separation of generation from electricity retailing has often been required as a condition ...
This paper studies how competition and vertical structure jointly determine generating capacities, r...
This paper characterises the impact of vertical integration on price equilibria and incentives to st...
We study the role of vertical structure in determining generating capacities and retail prices in th...
A liberalised market is a market where customers can freely choose their supplier. This market model...
The EU has been promoting unbundling of the transmission grid from other stages of the electricity s...
The Spanish electricity spot market is highly concentrated both on the seller and the buyer side. Fu...
The literature on vertical integration in markets with regulated upstream prices suggests that the i...
In this paper we describe the Spanish electricity industry and its current regulatory regime. Specia...
This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers,...
A central feature of electricity market reforms involved restructuring monopoly utilities. In the Ge...