Results 271 to 280 of about 5,657,999 (311)
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Market Power and Power Markets
Interfaces, 2002Market power is a prominent issue in the current debate about electricity industry restructuring. Market experiments I conducted with industry subjects via the Internet show the impact of seller concentration, demand-side bidding, and transmission constraints on competition in simulated electricity markets.
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SSRN Electronic Journal, 2020
In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long-distance transmission lines. Recently, decentralized local power markets have evolved, often as isolated networks based on solar generation. We analyze strategic pricing, investment, and welfare in local power markets.
Baake, Pio +2 more
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In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long-distance transmission lines. Recently, decentralized local power markets have evolved, often as isolated networks based on solar generation. We analyze strategic pricing, investment, and welfare in local power markets.
Baake, Pio +2 more
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When Market Incompleteness Is Preferable to Market Power: Insights from Power Markets
SSRN Electronic Journal, 2023Since the liberalization of power markets in Europe, almost all investments have required some form of subsidy, due in part to the incomplete nature of the market. In that respect, the literature has consistently shown the benefits of risk-sharing instruments to boost investments.
Ibrahim Abada, Andreas Ehrenmann
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Wind power and market power in competitive markets
Energy Policy, 2010Abstract Average market prices for intermittent generation technologies are lower than for conventional generation. This has a technical reason but can be exaggerated in the presence of market power. When there is much wind smaller amounts of conventional generation technologies are required, and prices are lower, while at times of little wind prices
Paul Twomey, Karsten Neuhoff
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SSRN Electronic Journal, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Finding Market Power in Electric Power Markets
International Journal of the Economics of Business, 2000As part of the regulatory review of electric utility mergers in the United States, the Federal Energy Regulatory Commission requires utilities to submit market power studies. The Commission has specified a detailed method for calculating market concentration in these studies.This paper shows that one can simulate the actual price effects from the ...
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Marketable Permits, Market Power, and Cheating
Journal of Environmental Economics and Management, 1996zbMATH Open Web Interface contents unavailable due to conflicting licenses.
van Egteren, Henry, Weber, Marian
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We argue that in market democracies firms can wield political power through a mechanism that does not rely on lobbying, campaign contributions, or persuasion. When voters cannot commit to future regulation, firms can use irreversible technological investments to reshape ex-post political incentives.
Gabriele Gratton, Barton E. Lee
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Gabriele Gratton, Barton E. Lee
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Economica, 1978
I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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I would like to present to you an explanation of inflation in terms of the market power of the buyers and sellers whose behaviour determines prices and wages. That has been done before, of course. A good example is that most simpleminded explanation of all, which blames inflation on the overweening power of labour in the labour market.
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Market power, market power mitigation, and efficiency
IEEE PES General Meeting, 2010In this panel session paper, we discuss the interaction of market power in electricity markets, market power mitigation procedures in place in various independent system operators in North America, particularly in the context of transmission constraints, and the efficiency of the markets.
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