Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.
European gas market trends and price drivers 2023 Market Monitoring Report October 2023
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A model-based analysis of the AggregateEU mechanism: Implications of overbidding and non-commitment
Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.