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Zonal pricing electricity markets operate sequentially. First, the suppliers compete in a spot market. Second, to …
Persistent link: https://www.econbiz.de/10012007123
producers send less detailed cost information to the operator of the day-ahead market. Ideally centralized electricity markets … electricity markets, while most of Europe has decentralized wholesale electricity markets. The main problem with centralized …
Persistent link: https://www.econbiz.de/10011952122
Competition between oligopolist electricity generators is inhibited by transmission constraints. I present a supply … function equilibrium (SFE) model of an electricity market with a single lossless, but constrained, transmission line. The …
Persistent link: https://www.econbiz.de/10011824800
Market power in electricity wholesale markets arises when generators have incentives to mark up their offers above the …
Persistent link: https://www.econbiz.de/10011824801
Since the start of sharp electricity tariff increases in 2008, South African household demand for electricity has not … been significantly affected. However, the combination of economic realities and ongoing electricity tariff increases will … eventually compel households to reduce their electricity usage. This research explores the ability of South African households to …
Persistent link: https://www.econbiz.de/10011806783
Zonal pricing with countertrading (a market-based redispatch) gives arbitrage opportunities to the power producers located in the export-constrained nodes. They can increase their profit by increasing the output in the dayahead market and decrease it in the real-time market (the inc-dec game)....
Persistent link: https://www.econbiz.de/10011852449
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
The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the … focus of energy policy to further expanding renewable energy sources. The year 2023 showed that the German electricity … climate policy to cover 80 percent of electricity consumption with renewable energy sources, as the German Renewable Energy …
Persistent link: https://www.econbiz.de/10014536114
In 1999, Maryland chose to join several other coastal states in restructuring its electricity markets, in an effort to … bring cheaper electricity into the state to supply heavy manufacturers who were considering relocating to places with … cheaper supply. Initially, this policy change appeared successful as electricity rates fell for both households and businesses …
Persistent link: https://www.econbiz.de/10014129316
As European countries move towards complete unbundling in electricity markets, some issues regarding market design are …
Persistent link: https://www.econbiz.de/10014052206