Arbitrage Trading in a Large Zonal Price Electricity Marke
European wholesale electricity markets apply zonal pricing. As a consequence, the price is determined in a certain way at the day-ahead market and a different way at the real-time market, which generates inefficiencies. The authors develop in two research papers a simulation model and solution algorithm that enables to quantify this inefficiency in a large electricity network.
Project manager
Project participants
Mohammad Reza Hesamzadeh
Pär Holmberg, IFN