Graziano ABRATE
Università di Pavia, HERMES

Ettore BOMPARD
DELET - Politecnico di Torino

Yuchao MA
DELET - Politecnico di Torino

Roberto NAPOLI
DELET - Politecnico di Torino

Elena RAGAZZI
Ceris-CNR

This paper proposes a model to assess the role of demand elasticity in mitigating the effects of supply side strategic bidding behaviour in a spot electricity market. We model the supply side within a Conjectural Supply Function (CSF) framework, which allows incorporating exogenous changes in demand elasticity and different levels of competition in a given market. The impacts of demand responsiveness on the market performances are studied resorting to a set of proposed indexes that are applied to a model of the Italian market.