On Quantity Competition and Transmission Constraints in Electricity Market
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Natalia Fabra & Nils‐Henrik Fehr & David Harbord, 2006.
"Designing electricity auctions,"
RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 23-46, March.
- Natalia Fabra & Nils-Henrik von der Fehr & David Harbord, 2002. "Designing Electricity Auctions," Microeconomics 0211017, University Library of Munich, Germany, revised 29 Jan 2004.
- George J. Mailath, 1998. "Corrigenda [Do People Play Nash Equilibrium? Lessons from Evolutionary Game Theory]," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1941-1941, December.
- Paul L. Joskow & Richard Schmalensee, 1988. "Markets for Power: An Analysis of Electrical Utility Deregulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600188, December.
- Bert Willems, 2000.
"Cournot competition in the electricity market with transmission constraints,"
Energy, Transport and Environment Working Papers Series
ete0004, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Bert Willems, 2000. "Cournot Competition in the Electricity Market with Transmission Constraints," Working Papers of Department of Economics, Leuven 501074, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Bert Willems, 2000. "Cournot Competition in the Electricity Market with Transmission Constraints," Working Papers of Department of Economics, Leuven ces0024, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Shmuel S. Oren, 1997. "Economic Inefficiency of Passive Transmission Rights in Congested Electricity Systems with Competitive Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 63-83.
- Paul Klemperer, 2000.
"Why Every Economist Should Learn Some Auction Theory,"
Microeconomics
0004009, University Library of Munich, Germany.
- Klemperer, Paul, 2000. "Why every Economist should Learn some Auction Theory," CEPR Discussion Papers 2572, C.E.P.R. Discussion Papers.
- Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks I: Financial Rights," CEPR Discussion Papers 2093, C.E.P.R. Discussion Papers.
- Bushnell, James, 1999. "Transmission Rights and Market Power," The Electricity Journal, Elsevier, vol. 12(8), pages 77-85, October.
- Severin Borenstein & James. Bushnell & Steven Stoft, 2000.
"The Competitive Effects of Transmission Capacity in A Deregulated Electricity Industry,"
RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 294-325, Summer.
- Severin Borenstein & James Bushnell & Steven Stoft, 1997. "The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry," NBER Working Papers 6293, National Bureau of Economic Research, Inc.
- Berenstein, Severin & Bushnell, James & Stoft, Steven, 2000. "The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry," Staff General Research Papers Archive 13145, Iowa State University, Department of Economics.
- SMEERS, Yves & WEI, Jing-Yuan, 1997. "Spatially oligopolistic model with nodal opportunity cost pricing for transmission capacity reservations," LIDAM Discussion Papers CORE 1997026, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bert Willems, 2002.
"Modeling Cournot Competition in an Electricity Market with Transmission Constraints,"
The Energy Journal, , vol. 23(3), pages 95-125, July.
- Bert Willems, 2002. "Modeling Cournot Competition in an Electricity Market with Transmission Constraints," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 95-125.
- Richard Gilbert & Neuhoff, K. & Newbery, D., 2002.
"Allocating Transmission to Mitigate Market Power in Electricity Networks,"
Cambridge Working Papers in Economics
0225, Faculty of Economics, University of Cambridge.
- Richard Gilbert & Karsten Neuhoff & David Newbery, 2003. "Allocating Transmission to Mitigate Market Power in Electricity Networks," Working Papers EP07, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- George J. Mailath, 1998. "Do People Play Nash Equilibrium? Lessons from Evolutionary Game Theory," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1347-1374, September.
- George J. Mailath, "undated". ""Do People Play Nash Equilibrium? Lessons From Evolutionary Game Theory''," CARESS Working Papres 98-01, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Chao, Hung-Po & Peck, Stephen, 1996. "A Market Mechanism for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 10(1), pages 25-59, July.
- SMEERS, Yves & WEI, Jing- Yuan, 1997. "Spatially oligopolistic model with opportunity cost pricing for transmission capacity reservations - A variational inequality approach," LIDAM Discussion Papers CORE 1997017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). Full references (including those not matched with items on IDEAS)
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Karsten Neuhoff, 2003.
"Integrating Transmission and Energy Markets Mitigates Market Power,"
Working Papers
EP17, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, K., 2003. "Integrating Transmission and Energy Markets Mitigates Market Power," Cambridge Working Papers in Economics 0310, Faculty of Economics, University of Cambridge.
- Robert Wilson, 2008.
"Supply Function Equilibrium in a Constrained Transmission System,"
Operations Research, INFORMS, vol. 56(2), pages 369-382, April.
- Robert Wilson, 2005. "Supply Function Equilibrium in a Constrained Transmission System," Levine's Bibliography 784828000000000087, UCLA Department of Economics.
- Wilson, Robert B., 2007. "Supply Function Equilibrium in a Constrained Transmission System," Research Papers 1966, Stanford University, Graduate School of Business.
- Pär Holmberg & Andy Philpott, 2014.
"Supply function equilibria in transportation networks,"
Cambridge Working Papers in Economics
1421, Faculty of Economics, University of Cambridge.
- Pär Holmberg & Andy Philpott, 2014. "Supply function equilibria in transportation networks," Working Papers EPRG 1401, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks I: Financial Rights," CEPR Discussion Papers 2093, C.E.P.R. Discussion Papers.
- Pepermans, Guido & Willems, Bert, 2010. "Cost Recovery in Congested Electricity Networks," Working Papers 2010/22, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
- Holmberg, Pär & Philpott, Andrew, 2012. "Supply Function Equilibria in Networks with Transport Constraints," Working Paper Series 945, Research Institute of Industrial Economics, revised 10 Aug 2015.
- Parisio, Lucia & Bosco, Bruno, 2008.
"Electricity prices and cross-border trade: Volume and strategy effects,"
Energy Economics, Elsevier, vol. 30(4), pages 1760-1775, July.
- Parisio, Lucia & Bosco, Bruno, 2006. "Electricity prices and cross-border trade: volume and strategy effects," MPRA Paper 473, University Library of Munich, Germany.
- Severin Borenstein & James Bushnell & Frank Wolak, 2000. "Diagnosing Market Power in California's Restructured Wholesale Electricity Market," NBER Working Papers 7868, National Bureau of Economic Research, Inc.
- Guido Pepermans & Bert Willems, 2005.
"The Potential Impact of Cross-Ownership in Transmission: an Application to the Belgian Electricity Market,"
Working Papers of Department of Economics, Leuven
ces0503, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Guido Pepermans & Bert Willems, 2005. "The potential impact of cross-ownership in transmission: An application to the Belgian electricity market," Energy, Transport and Environment Working Papers Series ete0501, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
- Creti, Anna & Fumagalli, Eileen & Fumagalli, Elena, 2010. "Integration of electricity markets in Europe: Relevant issues for Italy," Energy Policy, Elsevier, vol. 38(11), pages 6966-6976, November.
- Guido Pepermans & Bert Willems, 2004. "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0408, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Alexander Zerrahn & Daniel Huppmann, 2014.
"Network Expansion to Mitigate Market Power: How Increased Integration Fosters Welfare,"
Discussion Papers of DIW Berlin
1380, DIW Berlin, German Institute for Economic Research.
- Zerrahn, Alexander & Huppmann, Daniel, 2014. "Network Expansion to Mitigate Market Power: How Increased Integration Fosters Welfare," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100459, Verein für Socialpolitik / German Economic Association.
- Karsten Neuhoff, 2002.
"Optimal congestion treatment for bilateral electricity trading,"
Working Papers
EP05, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, K., 2002. "Optimal congestion treatment for bilateral electricity trading," Cambridge Working Papers in Economics 0214, Faculty of Economics, University of Cambridge.
- Kupper, G. & Willems, Bert, 2007.
"Arbitrage in Energy Markets : Competing in the Incumbent's Shadow,"
Discussion Paper
2007-094, Tilburg University, Center for Economic Research.
- Kupper, G. & Willems, Bert, 2007. "Arbitrage in Energy Markets : Competing in the Incumbent's Shadow," Discussion Paper 2007-034, Tilburg University, Tilburg Law and Economic Center.
- Gerd Küpper & Bert Willems, 2007. "Arbitrage in energy markets: competing in the incumbent's shadow," Working Papers of Department of Economics, Leuven ces0730, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Kupper Gerd & Willems Bert, 2007. "Arbitrage in Energy Markets: Competing in the Incumbent’s Shadow," Energy, Transport and Environment Working Papers Series ete0707, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Kupper, G. & Willems, Bert, 2007. "Arbitrage in Energy Markets : Competing in the Incumbent's Shadow," Other publications TiSEM d84ad6f7-eead-487d-9834-2, Tilburg University, School of Economics and Management.
- Kupper, G. & Willems, Bert, 2007. "Arbitrage in Energy Markets : Competing in the Incumbent's Shadow," Other publications TiSEM c8eb3395-9a12-4aed-8f06-b, Tilburg University, School of Economics and Management.
- Blázquez de Paz, Mario, 2018. "Electricity auctions in the presence of transmission constraints and transmission costs," Energy Economics, Elsevier, vol. 74(C), pages 605-627.
- Crawford, Gregory S. & Crespo, Joseph & Tauchen, Helen, 2007. "Bidding asymmetries in multi-unit auctions: Implications of bid function equilibria in the British spot market for electricity," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1233-1268, December.
- Andreas Ehrenmann & Karsten Neuhoff, 2009.
"A Comparison of Electricity Market Designs in Networks,"
Operations Research, INFORMS, vol. 57(2), pages 274-286, April.
- Ehrenmann, A. & Neuhoff, K., 2003. "A Comparison of Electricity Market Designs in Networks," Cambridge Working Papers in Economics 0341, Faculty of Economics, University of Cambridge.
- Andreas Ehrenmann & Karsten Neuhoff, 2003. "A Comparison of Electricity Market Designs in Networks," Working Papers EP31, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Paul Joskow & Jean Tirole, 2005.
"Merchant Transmission Investment,"
Journal of Industrial Economics, Wiley Blackwell, vol. 53(2), pages 233-264, June.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers 0304, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Joskow, P. & Tirole, J., 2003. "Merchant Transmission Investment," Cambridge Working Papers in Economics 0324, Faculty of Economics, University of Cambridge.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers EP24, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," NBER Working Papers 9534, National Bureau of Economic Research, Inc.
- Brunekreeft, G., 2003. "Market-based Investment in Electricity Transmission Networks: Controllable Flow," Cambridge Working Papers in Economics 0340, Faculty of Economics, University of Cambridge.
More about this item
Keywords
electricity markets; Cournot games; capacity constraints;
All these keywords.JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2004-10-30 (Industrial Competition)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecm:latm04:98. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/essssea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.