Article ID Journal Published Year Pages File Type
706529 The Electricity Journal 2009 10 Pages PDF
Abstract

An examination of day-ahead premiums for the Midwest ISO from September 2005 to December 2007 reveals that premiums are positive and statistically significant across all five hubs, indicating inefficiency in the Midwest wholesale electricity market. Further, day-ahead premiums exhibit monthly seasonal variation with some indication of the day-ahead premiums declining over time in three of the five hubs.

Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
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