This study explores how carbon pricing and electricity market liberalization jointly contribute to China’s sustainable energy transition. Using a dynamic computable general equilibrium (CGE) model (CEEEA2.0), we simulate three policy scenarios&...
The Chilean government is looking to liberalize the retail electricity market to increase competitiveness and reduce the price of electricity for residential and small/medium commercial customers. Under this context, the article aims to enrich the le...
Electricity is by far the most valuable energy commodity for households; hence, it is of the utmost importance for national regulatory authorities and the European Commission (EC) to guarantee affordable and unimpeded access for European citizens to...
This paper analyzes electricity markets in Slovenia during the specific period of market deregulation and price liberalization. The drivers of electricity prices and electricity consumption are investigated. The Slovenian electricity markets are anal...
The efforts towards the liberalization of electricity markets have sped up recently in some countries within the Association of Southeast Asian Nations (ASEAN) region. This step of opening up the electricity markets is aimed at establishing competiti...
Cyprus launched its Competitive Electricity Market on 1 October 2025, marking a historic transition from monopolistic to liberalized electricity trading. This paper presents a comprehensive analysis of the market’s first month of operation, eva...
This study investigates the dynamic interplay among CO2 emissions, electricity consumption, and economic growth in Japan following the 2016 electricity market liberalization. The purpose is to determine whether the Environmental Kuznets Curve (EKC) a...
This study examines the marginal effect of Research and Development (R&D) investment and impacts of market liberalization on patenting activities of Japan’s nine incumbent electric power companies. We apply the negative binomial panel data...
The power system worldwide is going through a revolutionary transformation due to the integration with various distributed components, including advanced metering infrastructure, communication infrastructure, distributed energy resources, and electri...
Replacing conventional CO2 intensive generation with green electricity from RES constitutes an essential prerequisite of sustainable development. Renewables play a vital role in achieving the UN’s goals for clean low-cost energy production and...
The liberalization of energy retail markets empowered consumers with the ability to be part of new emerging entities, such as Citizen Energy Communities. With the increasing penetration of decentralized variable generation, communities have the advan...
Besides many benefits deriving from the energy transition process, it is not uncommon for modern power systems to be faced with difficulties in their operation. The issues are dominantly related to the non-dispatchable nature of renewable energy sour...
This paper addresses the issue of assessing the sustainability of policy decisions of the Energy Retail Market, explicitly considering the retail energy market, unlike existing approaches in the literature that analyze the energy market as a whole. T...
Climate change and related national mitigation targets make the decarbonization of the power sector an urgent need. The power sector faces the challenge of considering the design and interaction between emission reduction policies, which can sometime...
In 20th century, many countries have liberalized their electricity market. This power markets liberalization has directed generation companies as well as wholesale buyers to undertake a greater intense risk exposure compared to the old centralized fr...
The aim of this research is to determine the influence of electrical energy market regulation reform in Ukraine on the competitive environment, the reproduction processes of financial and innovative support, and the energy efficiency of the national...
Distributed generation is a good option for future energy systems with respect to sustainable development. In this context, the small-scale combined heat and power (CHP) plants are seen as an efficient way to reduce greenhouse gas emissions due to lo...
Renewable energy sources produce less environmental impact and have little marginal cost. Thus, because of these characteristics, it is desirable to disseminate it for the purpose of economic efficiency. Because of the uncertainty in the supply of re...
Conventional economic theory indicates that the free market contributes to allocative efficiency. However, specific energy markets present network industry characteristics which distance them from perfect competition. These markets, therefore, need e...
This paper focuses on the issue of energy efficiency management in the region of Prešov self-governing region (PSR), Slovakia, as the energy market is liberalized and the behavior of electricity consumers is influenced not only by conventional but al...
In the context of the liberalization of electricity markets, forecasting prices is essential. With this aim, research has evolved to model the particularities of electricity prices. In particular, dynamic factor models have been quite successful in t...
The scope of the present investigation is to provide a description of final electricity prices development in the context of deregulated electricity markets in EU28, up to 2020. We introduce a new methodology to predict long-term electricity market p...
Over the last few decades, the electricity sector has experienced several changes, resulting in different electricity markets (EMs) models and paradigms. In particular, liberalization has led to the establishment of a wholesale market for electricity...
We consider the wholesale electricity market prices in England and Wales during its complete history, where price-cap regulation and divestment series were introduced at different points in time. We compare the impact of these regulatory reforms on t...
The electricity production sector has a significant share of final energy consumption and has a huge potential to use more renewable energy sources. Over the last two decades, the European Union (EU) reform of electricity markets has had positive res...
The liberalization of the Italian electricity market is a decade old. Within these last ten years, the supply side has been extensively analyzed, but not the demand side. The aim of this paper is to provide a new method for estimation of the demand e...
This study combines the Nash–Cournot competition model and the stochastic optimization model to examine the impact of electric vehicle (EV) quantity fluctuations on microgrid operations, aiming to optimize energy usage in a competitive electric...
The widespread adoption of electricity market trading platforms has enhanced the standardization and transparency of trading processes. As markets become more liberalized, regulatory policies are phasing out protective electricity pricing mechanisms,...
The liberalization of the German energy market has created opportunities for end-consumers, including industrial companies, to actively participate in the electricity market. By making their energy loads more flexible, consumers can generate addition...
The European Union and its Member States are seeking to decarbonize their energy systems, including the electricity sector and, at the same time, pursue market integration. However, renewable energy (RE) deployment and the liberalization of the energ...
Accurate electricity price forecasting has become a substantial requirement since the liberalization of the electricity markets. Due to the challenging nature of electricity prices, which includes high volatility, sharp price spikes and seasonality,...
Demand response mechanisms and load control in the electricity market represent an important area of research at the international level: the trend towards competition and market liberalization has led to the development of methodologies and tools to...
Energy transactions in liberalized markets are subject to price and quantity uncertainty. This paper considers the spot price and energy generation to follow a bivariate semi-nonparametric distribution defined in terms of the Gram–Charlier expansion....
In liberalized markets, consumers can choose their electricity suppliers or be part of an energy community. The problem with communities is that they may not have enough weight to trade in markets, which can be overcome by forming coalitions. Electri...
This study investigates resource adequacy and renewable energy integration in the United States, European Union, and Pakistan amid global energy market liberalization and greenhouse gas reduction efforts. It explores how these regions are adapting to...
China’s electricity industry has been undergoing a process of regulatory reform. This study aims to analyse the impact of liberalization on the electricity market assuming different degrees of scope of the reforms by applying a computable gener...
Electrical energy can be traded in liberalized organized markets or by negotiating private bilateral contracts. Competitive markets are central systems where market players can purchase and sell electrical energy. Bilateral contracting consists typic...
In this study, we analyzed the effects of electricity market reform on investment in generation facilities. We used the data of 27 OECD member countries and considered ownership structure, horizontal and vertical unbundling, change of transaction met...
Measuring and understanding the evolution of the electricity generation efficiency sector is a relevant task for policymakers. This study focuses on assessing the determinants of electricity generation efficiency across 24 countries in Latin America...
During the liberalization process the UK regulatory authority introduced a behavioral remedy (through price-cap regulation) and structural remedy (through divestment series) in order to mitigate an exercise of market power and lower the influence of...
In the present liberalized energy markets, electricity demand forecasting is critical for planning of generation capacity and required resources. An accurate and efficient electricity demand forecast can reduce the risk of power outages and excessive...
In the context of the electricity sector’s liberalization and deregulation, the accurate forecasting of electricity prices has emerged as a crucial strategy for market participants and operators to minimize costs and maximize profits. However,...
The increasing complexity of energy systems amid the global push for decarbonization raises important questions about how transitions in the energy matrix affect financial risk in electricity markets. This study investigates the relationship between...
The increasing penetrations of distributed renewable generation lead to the need for Citizen Energy Communities. Citizen Energy Communities may be able to be active market players and solve local imbalances. The liberalization of the electricity sect...
With the reform of the power system, the retail electricity market in China has gradually been liberalized. The mechanism of freely selling electricity have been set up. To grab market share and increase profits, electricity retail companies have int...
This study examines how national electricity market structures condition the impact of carbon pricing on green innovation within the European Union. Using two-way fixed-effects panel models, we uncover a central paradox: although liberalized, price-s...
In this paper, an original scheduling approach for optimal dispatch of electrical Energy Storage Systems (ESS) in modern distribution networks is proposed. The control system is based on fuzzy rules and does not use forecasts since it repairs the pas...
Finland has adopted a high profile in climate change mitigation. A national target of achieving carbon neutrality by 2035 has been declared. As a part of this, the use of coal for energy purposes has been banned from May 2029 onwards. The Nordic elec...
This paper introduces Energy-Product-Service Systems (EPSS) to overcome the issues in the liberalized energy market. Currently, conventional energy services are highly commoditized, thus eroding their competitiveness in a liberalized energy market. I...
Liberalization of electricity markets has brought focus on the optimal use of generation and transmission infrastructure. In such a scenario, where the power transmission systems are being operated closer to their critical limits, Ancillary Services...
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