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Price spreads in electricity markets: What are fundamental drivers?

 
: Genoese, M.; Genoese, F.; Möst, D.; Fichtner, W.

:

Institute of Electrical and Electronics Engineers -IEEE-:
2010 7th International Conference on the European Energy Market, EEM 2010 : Madrid, Spain, 23 - 25 June 2010
Piscataway, NJ: IEEE, 2010
ISBN: 978-1-4244-6840-9
ISBN: 978-1-424-46838-6
6 S.
International Conference on the European Energy Market (EEM) <7, 2010, Madrid>
Englisch
Konferenzbeitrag
Fraunhofer ISI ()
wholesale electricity market; prices; base-peak spread; agent-based modeling

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-tocoal price difference is an essential factor for the development of the base-peak electricity price spread.

: http://publica.fraunhofer.de/dokumente/N-153962.html