Results 11 to 20 of about 7,786,103 (309)
Market power mitigation in the UK power market [PDF]
Utilities Policy, 2006 Market power has been a constant theme in the history of the electricity restructuring in England and Wales. When the industry was restructured, the government created three large generating companies, two of which shared almost all the stations capable of setting prices in the industry’s centralised spot market.
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Journal of European Public Policy, 2012 While the identity of the European Union (EU) may have normative and/or other characteristics, it is fundamentally a large single market with significant institutional features and competing interest groups. Given these central characteristics, the EU may be best understood as a market power Europe that exercises its power through the externalization ...
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China's Low-Carbon Energy Transition Over the Past Two Decades: Experiences and Implications. [PDF]
Adv Sci (Weinh)China's low‐carbon energy transition features a brief decline and subsequent rebound in coal consumption, alongside the rapid expansion of renewable energy. This study develops a stage‐based analytical framework to explain this evolution from the perspectives of economic development, energy security, and environmental sustainability, revealing how ...
Liu Y, Tian Z, Zhang Z, Li X.
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Market Power in a Power Market with Transmission Constraints [PDF]
SSRN Electronic Journal, 2010 In this paper we present a model for analysing the strategic behaviour of a generator and its short run implications on an electricity network with transmission constraints. The problem is formulated as a Stackelberg leader-follower game. The upper level problem is generator’s profit maximisation subject to the solution of the lower level problem of ...
Bjørndal, Mette +2 more
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Market power in the expanding Nordic power market [PDF]
Applied Economics, 2009 We examine if the Nordic power market, Nord Pool, has been competitive or if electricity suppliers have had market power.
Bask, Mikael +2 more
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Trade, renewable energy, and market power in power markets
Energy Economics, 2023 Energy markets are undergoing a radical shift towards renewable energy and network integration. We study the effects of integrating regions with storable (hydro) and intermittent (wind) energy sources in the presence of Market power. Based on a two-period model with price fluctuations in the wind power region and bottlenecks in transmission of energy ...
Kurt R. Brekke +2 more
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Market Power in Water Markets [PDF]
SSRN Electronic Journal, 2010 We model market power in water markets as multi-market Cournot competition with a river structure. Suppliers are connected through water balances, which imposes resource constraints, and they are connected to heterogeneous water users via a water delivery infrastructure. Our model captures a wide range of specific water market structures.
Ansink, E. & Houba, H.
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Sequential Markets, Market Power, and Arbitrage [PDF]
American Economic Review, 2014 We develop a framework to characterize strategic behavior in sequential markets under imperfect competition and restricted entry in arbitrage. Our theory predicts that these two elements can generate a systematic price premium. We test the model predictions using microdata from the Iberian electricity market.
Koichiro Ito, Mar Reguant
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A fairness-aware framework for value sharing in local electricity markets using graph and sequence learning with multi-agent reinforcement [PDF]
PeerJ Computer ScienceThe evolution of Local Electricity Markets (LEMs) is being driven by the integration of distributed energy resources (DERs) and peer-to-peer (P2P) energy trading. This underscores the need for practical, equitable value-allocation frameworks.
Mei Huang +5 more
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Shanghai Jiaotong Daxue xuebao, 2021 A day-ahead optimal decision-making model is established for an integrated electricity-heat energy system to participate in both the electric energy market and the spinning reserve market, and the step-by-step carbon trading is introduced into the ...
JIANG Ting, DENG Hui, LU Chengyu, WANG Xu, JIANG Chuanwen, GONG Kai
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