(dis)proving Market Power
نویسندگان
چکیده
Market power and allegations of market power abuse are perhaps the most contentious contemporary issues concerning electricity markets. A number of industry observers and participants have made allegations regarding the abuse of market power. While some of these allegations may be well-founded, many others may be nothing more than an attempt by some to retroactively correct for their own bad business decisions. Some commentators appear willing to believe that market power exists and is exercised without substantiation.
منابع مشابه
Soft Gluon Resummation for Shape Variable Distributions in Dis
Event shape variables in ee reactions have long been the subject of much attention from theorists and experimentalists proving popular tools for the extraction of αs as well as for the study of non-perturbative (power) corrections. In the last few years such attention has also been focussed on similar variables in DIS with experimental studies being carried out by both the H1 1 and Zeus collabo...
متن کاملConsidering Effect of Energy Market on Reactive Power Market
In this paper, a new structure for reactive power market is presented. Considering reactive power losses caused by active power flow in the reactive power market is the main purpose of this paper. Hence, this study tries to improve reactive power market and create fair competition in reactive power generation.
متن کاملProbabilistic GENCOs Bidding Strategy in Restructured Two-Side Auction Power Markets
As a matter of course, power market uncertainties escalation is by product of power industry restructure on one hand and the unrivalled penetration of renewable energies on the other. Generally, the decision making process in such an uncertain environment faces with different risks. In addition, the performance of real power markets is very close to oligopoly markets, in which, some market play...
متن کاملNodal 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...
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 کامل