Identifying optimal capacity expansion and differentiated capacity payments under risk aversion and market power: A financial Stackelberg game approach
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DOI: 10.1016/j.eneco.2023.106567
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- Dimanchev, Emil & Gabriel, Steven A. & Reichenberg, Lina & Korpås, Magnus, 2024. "Consequences of the missing risk market problem for power system emissions," Energy Economics, Elsevier, vol. 136(C).
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More about this item
Keywords
Electricity; Capacity payment; Resource adequacy; Reliability; Nash equilibrium; Variational inequality; Mathematical Program with Equilibrium Constraints (MPEC);All these keywords.
JEL classification:
- C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
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