This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market … setup of two regions. We also benchmark market-based redispatch against grid investment, cost-based redispatch, and the … Vickrey-Clarke-Groves mechanism. The comparison highlights a significant inefficiency of market-based redispatch and inflated …

This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market … setup of two regions. We also benchmark market-based redispatch against grid investment, cost-based redispatch, and the … Vickrey-Clarke-Groves mechanism. The comparison highlights a significant inefficiency of market-based redispatch and inflated …

Forward sales is a credible commitment to aggressive spot market bidding, and it mitigates producers' market power in … competitors in the spot market (strategies are substitutes). The optimal contracting level of a risk-neutral producer is … determined by the extent to which strategies are substitutes and the slope of the residual demand in the forward market …

markets. It is shown that competition improves for increased market transparency and we identify circumstances where the …We analyse how the market design influences the bidding behaviour in multi-unit auctions, such as wholesale electricity … auctioneer prefers uniform to discriminatory pricing. We note that political risks could significantly worsen competition in …

payments and incentive-compatibility constraints from non-cooperative game theory directly into an optimization framework in … problem can be solved as a mixed-binary linear program. We apply the solution approach to a stylized nodal power-market … the binary Nash game with compensation. We compare different implementations of actual market rules within our model, in …

payments and incentive-compatibility constraints from non-cooperative game theory directly into an optimization framework in … problem can be solved as a mixed-binary linear program. We apply the solution approach to a stylized nodal power-market … the binary Nash game with compensation. We compare different implementations of actual market rules within our model, in …

levels of market competitiveness and different support schemes; namely, feed-in tariff, feed-in premium, and investment … market power results in underinvestment in the conventional technology; but the effect on renewables is ambiguous due to the … the underlying competiveness of the market needs to be considered. …

. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of … dirty (brown) technologies, and a single transmission bottleneck and compare dynamic efficiency of several market designs … market (iusvendendi). As early investment lowers the resale value of the transmission rights, brown firms will invest …