Showing 1 - 10 of 1,964
We analyze the effects of electricity market mergers in an environment where firms endogenously choose their level of … forward contracts prior to competing in the wholesale market. We apply our model to Alberta's wholesale electricity market … in consumer surplus. Current market screening procedures used to analyze electricity mergers consider firms' preexisting …
Persistent link: https://www.econbiz.de/10012986998
Optimal capacity allocation for investments in electricity generation assets can be deterministically derived by … perspective. Because existing literature on MVP applications in electricity generation markets uses predominantly numerical … demonstrate an application of the proposed framework and results to the German electricity market which has not yet been treated …
Persistent link: https://www.econbiz.de/10010425868
In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies …
Persistent link: https://www.econbiz.de/10010429439
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … case for possible application to the electricity market and discusses the implications of the results. In the literature …
Persistent link: https://www.econbiz.de/10009548648
This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
Persistent link: https://www.econbiz.de/10010519927
network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …. The insights are applied to the electricity supply industry in Germany. …
Persistent link: https://www.econbiz.de/10010492296
dynamic price signals. We find substantial wholesale energy cost savings for the retailer from declaring into events designed … strategy could significantly reduce the cost of increasing the share of greenhouse gas free wind and solar electricity … production in an electricity supply industry. …
Persistent link: https://www.econbiz.de/10012132625
We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in … common-price benchmark, an increase in total capacity, and convergence toward the welfare optimum. -- Electricity …
Persistent link: https://www.econbiz.de/10003975634
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known …-world transmission expansion. -- Electricity transmission ; cost function ; incentive regulation ; merchant investment ; congestion …
Persistent link: https://www.econbiz.de/10003975635
This paper examines the Hogan-Roselloacute;n-Vogelsang (2007) (HRV) incentive mechanism for transmission expansion, and tests it for different network topologies. This new mechanism is based upon redefining transmission output in terms of point-to-point transactions or financial transmission...
Persistent link: https://www.econbiz.de/10012724258