Nash equilibrium strategy in the deregulated power industry and comparing its lost welfare with Iran wholesale electricity market
نویسندگان
چکیده
منابع مشابه
PWP-064 Diagnosing Market Power in California’s Deregulated Wholesale Electricity Market
E®ective competition in wholesale electricity markets is a necessary feature of a successful electricity supply industry restructuring. We examine the degree of competition in the California wholesale electricity market during the period June 1998 to September 1999 by comparing the market prices with estimates of the prices that would have resulted if owners of instate fossil fuel generating fa...
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Electricity market plays an important role in improving the economics of electrical power system. Transmission network is vital entity in open access deregulated wholesale electricity market. Whenever transmission network congestion occurs in electricity market, it divides the market in different zones and the trading price of electricity will no longer remains the same for the whole system. Bi...
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Policy makers need to be acquainted with market competition statue. it would ease the decision making and restructuring of market. The aim of this study is to measure the competition of the wholesale electricity market and then investigate the impact of market power on wholesale electricity price during 2013 to 2017. The Result shows that market share of P.U.s in the wholesale electricity marke...
متن کاملPredicting market power in wholesale electricity markets
The traditional measure of market power is the HHI, which gives implausible results given the low elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the Residual Supply Index has been proposed as a more suitable index to measure potential market power in electricity markets, notably in California and more recently in the EU Sector...
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ژورنال
عنوان ژورنال: Journal of Industrial Engineering International
سال: 2016
ISSN: 1735-5702,2251-712X
DOI: 10.1007/s40092-016-0152-z