Real‐time versus day‐ahead market power in a hydro‐based electricity market
نویسندگان
چکیده
منابع مشابه
Market Power in the German Wholesale Electricity Market
This paper quantifies the degree of market power in the German wholesale electricity market. A fundamental model is used to derive competitive marginal cost estimators which are compared with observed electricity prices. Marginal costs are calculated focusing on market fundamentals such as plant capacities, fuel prices, and load structures. In addition, international power exchange and dynamic ...
متن کاملMarket Power in the Spanish Wholesale Electricity Market.∗
In the context of the recent electricity market reforms in Europe and the US, we evaluate the performance of the Spanish pool. Our method is not based on price-cost estimates but rather on the different behavior of generators with higher market power as compared to the behavior of more competitive producers. Our results indicate that the two larger operators in the market are able to increase p...
متن کاملAssessment of Market Power in Deregulated Electricity Market with Congestion
Restructuring of electrical market worldwide has brought the issue of market competition to the forefront. This new perspective has given rise to competition with the goal of price fall and technological innovation in the sector. In the last few years a great deal of attention is given to the possibility of a group of producers (agents) exercising market power by means of congestion effects. Th...
متن کاملInvestigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market
Policy makers need to be acquainted with market competition statue. it would ease the decision making and restructuring of market. The aim of this study is to measure the competition of the wholesale electricity market and then investigate the impact of market power on wholesale electricity price during 2013 to 2017. The Result shows that market share of P.U.s in the wholesale electricity marke...
متن کاملInvestigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market
Policy makers need to be acquainted with market competition statue. it would ease the decision making and restructuring of market. The aim of this study is to measure the competition of the wholesale electricity market and then investigate the impact of market power on wholesale electricity price during 2013 to 2017. The Result shows that market share of P.U.s in the wholesale electricity marke...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of Industrial Economics
سال: 2018
ISSN: 0022-1821,1467-6451
DOI: 10.1111/joie.12186