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Assessing the impact of forward trading, retail liberalization, and white certificates on the Italian wholesale electricity prices

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  • Petrella, Andrea
  • Sapio, Alessandro

Abstract

How do policy actions affect the dynamics of deregulated electricity prices? We investigate this issue in the context of the Italian Power Exchange (IPEX), using data on the daily average day-ahead price (PUN) between April 2004 and December 2008.

Suggested Citation

  • Petrella, Andrea & Sapio, Alessandro, 2012. "Assessing the impact of forward trading, retail liberalization, and white certificates on the Italian wholesale electricity prices," Energy Policy, Elsevier, vol. 40(C), pages 307-317.
  • Handle: RePEc:eee:enepol:v:40:y:2012:i:c:p:307-317
    DOI: 10.1016/j.enpol.2011.10.011
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    References listed on IDEAS

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    Cited by:

    1. George P. Papaioannou & Christos Dikaiakos & George Evangelidis & Panagiotis G. Papaioannou & Dionysios S. Georgiadis, 2015. "Co-Movement Analysis of Italian and Greek Electricity Market Wholesale Prices by Using a Wavelet Approach," Energies, MDPI, Open Access Journal, vol. 8(10), pages 1-30, October.
    2. Stede, Jan, 2017. "Bridging the industrial energy efficiency gap – Assessing the evidence from the Italian white certificate scheme," Energy Policy, Elsevier, vol. 104(C), pages 112-123.
    3. Kalantzis, Fotis & Sakellaris, Kostis, 2012. "Investigating the Impact of the Greek Electricity Market Reforms on its Day-Ahead Market Prices," MPRA Paper 37794, University Library of Munich, Germany.
    4. Simona Bigerna, Carlo Andrea Bollino and Paolo Polinori, 2016. "Market Power and Transmission Congestion in the Italian Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    5. Dagoumas, Athanasios S. & Koltsaklis, Nikolasos E. & Panapakidis, Ioannis P., 2017. "An integrated model for risk management in electricity trade," Energy, Elsevier, vol. 124(C), pages 350-363.
    6. Serra, Pablo, 2013. "Contract market power and its impact on the efficiency of the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 653-662.

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    Keywords

    Electricity prices; Policy; Time series;

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