Evolving bidding formats and pricing schemes in USA and Europe day-ahead electricity markets

This paper compares the evolution of USA and European power markets and evaluates the suitability and future challenges of their designs in the context of the transition to a low-carbon power system. The analysis focuses on bidding formats (the way in which organized electricity markets allow partic...

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Bibliographic Details
Main Authors: Herrero, Ignacio, Rodilla, Pablo, Batlle Lopez, Carlos
Other Authors: MIT Energy Initiative
Format: Article
Published: Multidisciplinary Digital Publishing Institute 2020
Online Access:https://hdl.handle.net/1721.1/127827