posted on 2023-05-19, 23:26authored byGrowitsch, C, Nepal, R
This paper analyses the price developments between the European Energy Exchange EEX and OTC wholesale spot markets in Germany using a linear state space model based on Kalman filter analysis. Our results suggest increasingly integrated German wholesale spot markets for electricity. The results remain the same when correcting for the influence of the introduction of the emissions allowance trading.
History
Publication title
Energy Studies Review
Volume
18
Pagination
34-46
ISSN
0843-4379
Department/School
TSBE
Publisher
McMaster University, DeGroote School of Business
Place of publication
Canada
Rights statement
Copyright 2011 Energy Studies Review
Repository Status
Open
Socio-economic Objectives
Industrial organisations; Industry costs and structure