The objective is to gain insights into the emergent effect of government policy and industry developments regarding the choice of generation on wholesale electricity prices. Using least squares and quantile regressions, it is found that the changing generation mix used for producing electricity exerts a...
It is commonly known that wholesale spot electricity markets exhibit high price volatility, strong mean-reversion and frequent extreme price spikes. This p... H Higgs,A Worthington - 《Energy Economics》 被引量: 156发表: 2008年 Rise in German Wholesale Electricity Prices: Fundamental Factors, Exer...
Bosco BP, Parisio LP, Pelagatti MM (2007) Deregulated wholesale electricity prices in Italy: An empirical analysis. Int Adv Econ Res 13(4):415–432 Article Google Scholar Brubacher SR, Tunnicliffe Wilson G (1976) Interpolating time series with application to the estimation of holiday effects ...
During the first weeks of June, a cold snap in Australia's eastern states coupled with energy production shortfalls saw wholesale electricity prices surge up to 20 times normal rates. The ACCC probe announced on Monday that it would assess whether energy retailers were inflating prices during this...
Energy Market Experience Lessons from Liberalised Electricity Markets: (Complete Edition ‐ ISBN 9264109595) of liberalisation; the governance required to create effective competition; the role of prices and transparent wholesale markets; consumer protection; incentives for investment, and; impact of addres...
The first benefit has largely been delivered but it is arguable whether the second benefit of lower prices has been realised. Increased competition has come at the price of increased wholesale price volatility, which brings with it increased cost as market participants seek to trade profitably and ...
The Australian Energy Regulator says that investments in renewables and rooftop solar uptake are driving the ongoing decline in electricity prices.
The modelling results show that the wholesale electricity prices indeed increase by about 90%, but the retailer prices only increase by 25%. The coal-fired electricity generators will reduce their output by 8% (for black-coal) to 18% (for brown-coal), but the profitability of the industry ...
The increase was driven by the wholesale trade, manufacturing and accommodation and food services industries. An easing of supply chain disruptions, falling petroleum prices and increased activity across these sectors meant lower operating costs leading to larger profit margins. Mining saw a fall in pr...
A $2.7 billion fall in private sector inventories – mainly from the mining and wholesale trade sector – was a drag on GDP, shaving 0.3 percentage points off GDP growth in the December quarter. However, the strong increase in public sector inventories provided some offset. ...