Showing 1 - 10 of 2,350
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...
Persistent link: https://www.econbiz.de/10014240487
converge to one equilibrium capacity price. …
Persistent link: https://www.econbiz.de/10010380586
How can increasing intermittent power generation in the Swedish electricity system be managed in a more market-oriented and cost-efficient way? We argue that market mechanisms are the most natural means for obtaining the needed flexibility in electricity systems. We believe that a complete ex...
Persistent link: https://www.econbiz.de/10012289068
New and alternative delimitations of price zones for Central Western Europe (CWE) might constitute a mid-term solution …. Thus, a new delimitation of price zones is frequently considered in current discussions and research. The present paper … demand- and supply situation to identify possible new price zone configurations. The algorithm is applied in a scenario …
Persistent link: https://www.econbiz.de/10011761658
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information about competitors’ costs and a finite set of providers. We find that these...
Persistent link: https://www.econbiz.de/10013463571
We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … sensitive to additional line investments illustrating the challenge to define stable price zones in a dynamic setting. With two … bidding areas, prices in the model results increase in the southern zone and decrease in the northern zone. The average price …
Persistent link: https://www.econbiz.de/10010479927
, transmission capacity under rate-of-return regulation may be suppressed relative to that which occurs under a more flexible price …
Persistent link: https://www.econbiz.de/10012961563
implicitely auctioned in the Day-Ahead auction of electricity such that price differences between market areas are minimized …
Persistent link: https://www.econbiz.de/10013032367
Illustrated on the case of Nordic electricity market we conduct an econometric analysis of area price spreads … (difference between area price and system price) in thirteen price zones during 2010 (Jan) - 2012 (Jul). The objectives of the … study are twofold: (1) assess the dynamics of area price spreads and identify whether significant differences exist among …
Persistent link: https://www.econbiz.de/10013065474
To ensure security of supply in liberalized electricity markets, different types of capacity mechanisms are currently being debated or have recently been implemented in many European countries. The purpose of this study is to analyze the cross-border effects resulting from different choices on...
Persistent link: https://www.econbiz.de/10010415384