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analysis to investment decisions of strategic firms that anticipate competition on many consecutive spot markets with … fluctuating (and possibly uncertain) demand. We study how the degree of spot market competition affects investment incentives and …
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different levels of competition for renewable producers. We find that it is optimal for renewable producers to sell less than … optimal quantity tends towards the expected production level. More competition as well as a more flexible power plant fleet …
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Investments in power generation assets are risky due to high construction costs and long asset lifetimes. Technology diversification in generation portfolios represents one option to reduce long-term investment risks for risk-averse decision makers. In this article, we analyze the impact of...
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publication of the network access charges for each network supplier, faciliated or inhibited competition. …
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