Modeling EU Electricity Market Competition Using the Residual Supply Index

Gregory Swinand, Derek Scully, Stuart Ffoulkes and Brian Kessler

The Electricity Journal, 2010, vol. 23, issue 9, 41-50

Abstract: An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included.

Date: 2010
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