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Current EU legislation establishes that distribution and transmission systems shall be operated through legally separate entities where vertically integrated undertakings exist. At the same time, European Union's Energy Policy promotes generation of electricity from renewable sources which...
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This paper presents several techniques for recovering cost function estimates for electricity generation from a model of optimal bidding behavior in a competitive electricity market. Two techniques are developed based on different models of the price-setting process in a competitive electricity...
Persistent link: https://www.econbiz.de/10013313761
This paper presents several techniques for recovering cost function estimates for electricity generation from a model of optimal bidding behavior in a competitive electricity market. Two techniques are developed based on different models of the price-setting process in a competitive electricity...
Persistent link: https://www.econbiz.de/10012470535
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