Smeers, Yves (contributor) - 2005
submarkets. Generators, consumers and a TSO operate on that
market; none of these agents has market power. Lumpiness of invest … literature and are now commonly
implemented. Current proposals of the European Transmission System
Operators (ETSO) and Power … assume no market power and disregard contracts. The reader will
thus find no reference to physical and financial contracts, or …