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An Institutional Frame to Compare Alternative Market Designs in EU Electricity Balancing

Author

Listed:
  • Jean Michel Glachant

    (University of Paris Sud, Faculté Jean-Monnet)

  • Marcello Saguan

    (Supélec and University of Paris Sud, Paris)

Abstract

No abstract is available for this item.

Suggested Citation

  • Jean Michel Glachant & Marcello Saguan, 2007. "An Institutional Frame to Compare Alternative Market Designs in EU Electricity Balancing," Working Papers EPRG 0711, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    • Handle: RePEc:enp:wpaper:eprg0711
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    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0711.pdf
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Eva Niesten & Albert Jolink, 2014. "Absence of a market in the Dutch balancing mechanism: European rules versus specific investments," European Journal of Law and Economics, Springer, vol. 38(1), pages 71-90, August.
    2. Facchini, Angelo & Rubino, Alessandro & Caldarelli, Guido & Di Liddo, Giuseppe, 2019. "Changes to Gate Closure and its impact on wholesale electricity prices: The case of the UK," Energy Policy, Elsevier, vol. 125(C), pages 110-121.
    3. Avci, Ezgi & Ketter, Wolfgang & van Heck, Eric, 2018. "Managing electricity price modeling risk via ensemble forecasting: The case of Turkey," Energy Policy, Elsevier, vol. 123(C), pages 390-403.
    4. Roques, Fabien A., 2008. "Market design for generation adequacy: Healing causes rather than symptoms," Utilities Policy, Elsevier, vol. 16(3), pages 171-183, September.
    5. Vandezande, Leen & Meeus, Leonardo & Belmans, Ronnie & Saguan, Marcelo & Glachant, Jean-Michel, 2010. "Well-functioning balancing markets: A prerequisite for wind power integration," Energy Policy, Elsevier, vol. 38(7), pages 3146-3154, July.
    6. Weigt, Hannes, 2009. "A Review of Liberalization and Modeling of Electricity Markets," MPRA Paper 65651, University Library of Munich, Germany.
    7. Gro Klaeboe & Anders Lund Eriksrud & Stein-Erik Fleten, 2013. "Benchmarking time series based forecasting models for electricity balancing market prices," Working Papers 2013-006, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.

    More about this item

    Keywords

    Electricity Forward Market; Balancing Mechanism; Risk Aversion; Penalty; Institutional Frame; Market Design.;
    All these keywords.

    JEL classification:

    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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