1 Nodal and Zonal Congestion Management and the Exercise of Market Power
نویسندگان
چکیده
Transmission constraints in electric networks can limit competition and create pockets of local market power. The policy response to this reality includes many elements ranging from special contracting arrangements to divestiture of assets. Although a full analysis of the impacts of local market power is complex and context specific, there are some general principles that can guide the discussion.
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