In this seminar Benjamin Aust will provide an overview of his recent paper, Understanding price fluctuations in the National Electricity Market.

The Australian electricity wholesale market NEM, covering five regions, faced several technical incidents as well as price spikes in the last years. Questions occur in terms of potential reasons and market behaviour. By applying an event study approach, reactions of market actors in affected and non-affected regions may be analysed when outages occur.

Benjamin Aust is a PhD candidate at Technical University of Freiberg, Germany, since July 2015. His research focuses on renewable energies on power exchanges, and e-mobility and energy market regulation. He holds a Bachelor degree in Business Administration and Master degree in Energy and Resource Management both from Technical University of Freiberg.

The CAMA Macroeconomics Brown Bag Seminars offer CAMA speakers, in particular PhD students, an opportunity to present their work in progress in front of their peers, and reputable visitors to showcase their work.