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Browsing The New Zealand Institute for the Study of Competition and Regulation · ISCR by Subject "Single buyer"

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Electricity Market Operation: Transitioning from a Free Market to a Single Buyer structure: An econometric analysis of the Brazilian case using a Two-State Markov Switching Model

Daglish, Toby; de Braganca, Gabriel; Owen, Sally; Romano, Teresa (2015)

We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using a market mechanism, and in March 2004 reformed to a single buyer structure. We model day-ahead returns ...