Arbeitspapier
Intraday markets for power: Discretizing the continuous trading?
A fundamental question regarding the design of electricity markets is whether adding auctions to the continuous intraday trading is improving the performance of the market. To approach this question, we assess the experience with the implementation of the 3 pm local auction for quarters in Germany at the European Power Exchange (EPEX SPOT) in December 2014 to assess the impact on trading volumes/liquidity, prices, as well as market depth. We discuss further opportunities and challenges that are linked with a potential implementation of an intraday auction.
- Language
-
Englisch
- Bibliographic citation
-
Series: DIW Discussion Papers ; No. 1544
- Classification
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Wirtschaft
Econometrics of Games and Auctions
Field Experiments
Auctions
Market Design
Regulation and Industrial Policy: General
- Subject
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auctions
electricity
empirical analysis
market design
- Event
-
Geistige Schöpfung
- (who)
-
Neuhoff, Karsten
Ritter, Nolan
Salah-Abou-El-Enien, Aymen
Vassilopoulos, Philippe
- Event
-
Veröffentlichung
- (who)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
-
Berlin
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Neuhoff, Karsten
- Ritter, Nolan
- Salah-Abou-El-Enien, Aymen
- Vassilopoulos, Philippe
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2016
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Vom Fußball für den Klimaschutz lernen?: Kommentar
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Ein europäischer grüner Deal mit vielen Facetten
Auctions for Intraday -Trading Impacts on efficient power markets and secure system operation
Intraday- and real time activity of TSOs: Germany
Balancing and intraday market design: Options for wind integration
The Role of Contracting in European Electricity Markets
Intraday markets for power : Discretizing the continuous trading?
Bidding Structures and Trading Arrangements for Flexibility across EU Power Markets
The role of hedging in carbon markets
Mid-term contracting in Electricity Markets: What to consider in Market Design?
Die Bundesregierung sollte weitere Antworten auf die Energiekrise liefern
Vom Fußball für den Klimaschutz lernen?: Kommentar
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