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Electricity Power sector around the world is witnessed reforms from traditional regulated regime to a deregulated system. Under such environment electricity transmission sector is separated from Generation and Distribution. This natural monopoly further allow public and private sector to use...
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In this paper, we examine the use of carbon pricing and an output-based subsidy in a market with imperfect competition. We consider a carbon pricing policy in Alberta's electricity market as a case study. This policy consists of two phases. In the first phase, the carbon price is doubled with...
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In this paper we present a model for analysing the strategic behaviour of a generator and its short run implications on an electricity network with transmission constraints. The problem is formulated as a Stackelberg leader-follower game. The upper level problem is generator's profit...
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