129891 - Electricity spot trading in Germany.pdf (350.41 kB)
Electricity spot trading in Germany: Price formation and convergence
journal contribution
posted on 2023-05-19, 23:26 authored by Growitsch, C, Nepal, RThis 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 ReviewVolume
18Pagination
34-46ISSN
0843-4379Department/School
TSBEPublisher
McMaster University, DeGroote School of BusinessPlace of publication
CanadaRights statement
Copyright 2011 Energy Studies ReviewRepository Status
- Open
