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Evaluating the market splitting determinants: evidence from the Iberian spot electricity prices

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  • Figueiredo, Nuno Carvalho
  • Silva, Patrícia Pereira da
  • Cerqueira, Pedro A.

Abstract

This paper aims to assess the main determinants on the market splitting behaviour of the Iberian electricity spot markets. Iberia stands as an ideal case-study, where the high level deployment of wind power is observed, together with the implementation of the market splitting arrangement between the Portuguese and the Spanish spot electricity markets.

Suggested Citation

  • Figueiredo, Nuno Carvalho & Silva, Patrícia Pereira da & Cerqueira, Pedro A., 2015. "Evaluating the market splitting determinants: evidence from the Iberian spot electricity prices," Energy Policy, Elsevier, vol. 85(C), pages 218-234.
  • Handle: RePEc:eee:enepol:v:85:y:2015:i:c:p:218-234
    DOI: 10.1016/j.enpol.2015.06.013
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    1. repec:eee:rensus:v:78:y:2017:i:c:p:710-721 is not listed on IDEAS
    2. Figueiredo, Nuno Carvalho & Silva, Patrícia Pereira da & Cerqueira, Pedro A., 2016. "It is windy in Denmark: Does market integration suffer?," Energy, Elsevier, vol. 115(P2), pages 1385-1399.

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