Purpose – The purpose of this paper is to investigate the effects of product substitutability on sales performance of integrated and decentralised supply chains. The authors model supply chain performance effects by applying a Cournot equation to a combination of different industry...

Abstract Regulators have proposed various institutional alternatives to secure network resource adequacy and reasonably priced electric power for consumers. These alternatives prompt many difficult questions: Does the development of Demand Response reduce the need for new capacity? How...

Purpose – The purpose of this study is to examine both the technical feasibility and the commercial viability of several demand-side integration (DSI) programs to utilize the charging flexibility of electric transport vehicles in a logistic facility. DSI is important for improving system...

Micro-grids are the key technologies known to solve challenges such as increased electric demand, fatigue electric installations, electrical leakage and pressures and opposition from environmental advocacy groups. The current article is presenting an improved optimization algorithm based on a...

The process of privatization of the electricity market involves the serious needs of the industry in order to increase productivity, attract private investment and partnerships. If current trends continue, the total investment needed for the industry is not to be able to be supplied from...

Summary After the deregulation of the German electricity markets, network access charges are based on contractual arrangements between energy producers and industrial consumers. As the electricity networks are incontestable natural monopolies, the operators are able to set (monopolistic) charges...

Purpose – The electric power industry has been moving from a regulated monopoly structure to a deregulated market structure in many countries. The purpose of this study is to comprehensively review the existing markets to study advantages, issues involved and lessons learnt to benefit emerging...

Abstract This paper discusses market power effects in ambient permit markets. We consider a dominant firm in a position to exert market power in several markets. A first conclusion is that the distortion observed on manipulated markets spreads to other markets. We find that the manipulated...

It may be optimal from a welfare perspective to use R&D subsidies when the source of R&D distortions originates from the surplus appropriability problem and technological spillovers in the form of knowledge spillovers, creative destruction, and duplication externalities are absent. Hence, R&D...

It is a common practice for governments to offer scrappage subsidies in order to stimulate the early removal of used cars and modify the distribution of vehicle holdings. In this paper, we analyze the market implications of such subsidies when producers have market power and face competition...