Pricing of Scientific Journal and Market Power

Nodal market power detection under locational marginal pricing

This paper proposes an index for nodal market power detection in power market under locational marginal pricing (LMP). This index is an ex-ante technique to detect the market power. More precisely, this criterion detects the potential of exercising market power regardless of detecting the actual market power. Also it is obvious that pricing and market clearing method affect the potential of exe...

Online Access and the Scientific Journal Market: An Economist’s Perspective

Reactive Power Pricing Simultaneous Using Spot and Bilateral Market Models Considering Opportunity Cost

Reactive power as a utility of ancillary service in restructured environment is supplied by Independent System Operator (ISO). Due to the particular importance of optimal pricing strategy in the power market, the study aims to investigate this problem more closely. To this end, first the problems of restructuring, reactive power generation and its associated costs thereof were reviewed and diff...

Electricity pricing and market power : Evidence from Germany

The aim of this paper is to develop a methodology for measuring the exercise of potential market power in liberalized electricity markets. We therefore investigate producer behavior in the context of electricity pricing with respect to fundamental time-dependent marginal cost (TMC), i.e. CO2and fuel cost. In doing so, we do not in contrast to most current approaches to market power investigatio...

Understanding Competitive Pricing and Market Power in Wholesale Electricity Markets

In the ̄rst year of the deregulated California electricity market, a number of issues have arisen that relate to the competitiveness of the wholesale electricity market in the state. There have been lively debates over the need for price caps in the California Power Exchange (PX) day-ahead market and the California Independent System Operator's (ISO) real-time and ancillary services markets. The...