5 papers
Competitive effects of transmission constraints in the German electricity market
Alice Lixuan Xu, Clemens Stiewe
This paper estimates the effect of cross-border transmission constraints on suspected market power abuse in the German wholesale electricity market. Using a 2SRI instrumental varia…
An empirical estimate of the electricity supply curve from market outcomes
Jorge Sánchez Canales, Alice Lixuan Xu, Chiara Fusar Bassini +2
Researchers and electricity sector practitioners frequently require the supply curve of electricity markets and the price elasticity of supply for purposes such as price forecastin…
Market power abuse in wholesale electricity markets
Alice Lixuan Xu, Jorge Sánchez Canales, Chiara Fusar Bassini +2
In wholesale electricity markets, prices fluctuate widely from hour to hour and electricity generators price-hedge their output using longer-term contracts, such as monthly base fu…
Revealing the empirical flexibility of gas units through deep clustering
Chiara Fusar Bassini, Alice Lixuan Xu, Jorge Sánchez Canales +2
The flexibility of a power generation unit determines how quickly and often it can ramp up or down. In energy models, it depends on assumptions on the technical characteristics of…
Cross-border cannibalization: Spillover effects of wind and solar energy on interconnected European electricity markets
Clemens Stiewe, Alice Lixuan Xu, Anselm Eicke +1
The average revenue, or market value, of wind and solar energy tends to fall with increasing market shares, as is now evident across European electricity markets. At the same time,…