Pricing decisions and market power in the UK electricity market: A VECM approach
نویسندگان
چکیده
منابع مشابه
Investigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market
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...
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In the ̄rst year of the deregulated California electricity market, a number of issues have arisen that relate to the competitiveness of the wholesale electricity market in the state. There have been lively debates over the need for price caps in the California Power Exchange (PX) day-ahead market and the California Independent System Operator's (ISO) real-time and ancillary services markets. The...
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This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is determined by means of a clearinghouse double auction with discriminatory midpoint pricing. Buyers and sellers use a modified Roth–Erev individual reinforc...
متن کاملInvestigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market
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...
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The importance of supply chains in pharmacological industry is remarkable so that nowadays many pharmacological supply chains have an effective and critical role for supplying and distributing drugs in health area. So, this study studies a three-echelon pharmacological supply chain contained multi-distributor of raw materials, a pharmaceutical factory, and multi-drug distributors companies such...
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ژورنال
عنوان ژورنال: Energy Policy
سال: 2017
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2017.06.016