Price spreads in electricity markets: What are fundamental drivers?
Research output: Contribution to book/conference proceedings/anthology/report › Conference contribution › Contributed › peer-review
Contributors
Abstract
In this paper, we identify and analyze fundamental drivers on the base-peak spread of wholesale electricity prices. We set up scenarios for a model based analysis to test the influence of these drivers. An agent-based simulation approach is used to carry out this analysis. Results show that the gas-to-coal price difference is an essential factor for the development of the base-peak electricity price spread.
Details
| Original language | English |
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| Title of host publication | 2010 7th International Conference on the European Energy Market, EEM 2010 |
| Publisher | IEEE Xplore |
| ISBN (electronic) | 978-1-4244-6840-9 |
| ISBN (print) | 978-1-4244-6838-6 |
| Publication status | Published - 2010 |
| Peer-reviewed | Yes |
Publication series
| Series | International Conference on the European Energy Market, EEM |
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| ISSN | 2165-4077 |
Conference
| Title | 7th International Conference on the European Energy Market |
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| Abbreviated title | EEM 2010 |
| Conference number | 7 |
| Duration | 23 - 25 June 2010 |
| City | Madrid |
| Country | Spain |
External IDs
| ORCID | /0000-0001-7170-3596/work/142241609 |
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Keywords
ASJC Scopus subject areas
Keywords
- Agent-based modeling, Base-peak spread, Prices, Wholesale electricity market