Do separate bidding zones within countries create imbalances in PV uptake? Evidence from Sweden
This paper estimates how electricity price divergence within Sweden has affected incentives to invest in photovoltaic (PV) generation between 2016 and 2022 based on a synthetic control approach. Sweden is chosen as the research subject since it is the only member of the European Union with multiple bidding zones (BZ) that faces dramatic price divergence between low-tariff BZ in Northern and high-t