Results 11 to 20 of about 55,332 (269)
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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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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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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Journal of Public Economic Theory, 1999 We investigate the effectiveness of tax and transfer policies in correcting market distortions when the economy is imperfectly competitive. We perform this analysis in the context of an exchange model representing bilateral oligopoly situations, which constitute particular examples of Shapley–Shubik strategic market games.
GRAZZINI, LISA, J. GABSZEWICZ
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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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Transactive energy systems for distributed blackstart and service recovery
IET Smart Grid, 2021 Current transactive controls use marginal benefits and marginal costs to achieve an economic market efficiency during normal grid operations. However, the transactive mechanisms designed for normal economic operations cannot be applied directly for the ...
Bishnu Bhattarai +3 more
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Multi-time scale trading profit model of pumped storage power plant for electricity market
Frontiers in Energy Research, 2022 Pumped storage power plant (PSPP) has the upper hand on economy and cleanness. It also has the functions of frequency regulation, phase regulation, and spare, which have been instrumental in maintaining the stability of power system operation.
Yanhong Luo +10 more
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Risk-Based Approach for Self-Scheduling of Virtual Power Plants in Competitive Power Markets [PDF]
Journal of Operation and Automation in Power Engineering, 2023 Dispersed energy resources and storage devices may be grouped as a Virtual Power Plant (VPP). In a competitive electricity market, VPP can exchange energy through a pool market or bilateral contracts.
S. Seyyed Mahdavi, J. Saebi, A. Ghasemi
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IET Smart Grid, 2021 The integration of battery energy storage systems (BESS) in the electrical grid is accelerating to mitigate the challenges associated with the rapid deployment of low carbon technologies (LCTs).
Ahmed A. Raouf Mohamed +5 more
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