Großhandelsstrompreis, die Ausübung von Marktmacht sowie die Auswirkungen unterschiedlicher Allokationsverfahren für CO2-Emissionsrechte auf … Großhandelsstrompreis, die Ausübung von Marktmacht sowie die Auswirkungen unterschiedlicher Allokationsverfahren für CO2-Emissionsrechte auf …

marginal cost of suppliers. The leading example is the electricity industry, where there is a capacity market clearing before … the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium … second actual production is sold. The key issue is that the expected product market outcome determines the opportunity cost …

We show that a common regulatory mandate in electricity markets that use location-based pricing that requires all … customers to purchase their wholesale electricity at the same quantity-weighted average of the locational prices can increase … the performance of imperfectly competitive wholesale electricity markets. Linking locational markets strengthens the …