The effect of counter-trading on competition in electricity markets
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- 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,"
Discussion Paper
2007-094, Tilburg University, Center for Economic Research.
- 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.
- 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, 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.
- 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.
- Swinand, Gregory & Scully, Derek & Ffoulkes, Stuart & Kessler, Brian, 2010. "Modeling EU Electricity Market Competition Using the Residual Supply Index," The Electricity Journal, Elsevier, vol. 23(9), pages 41-50, November.
- 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.
- Green, Richard, 2003.
"Failing electricity markets: should we shoot the pools?,"
Utilities Policy, Elsevier, vol. 11(3), pages 155-167, September.
- Green, Richard, 2001. "Failing Electricity Markets: Should we Shoot the Pools?," CEPR Discussion Papers 3010, C.E.P.R. Discussion Papers.
- Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
- M. Bjørndal & K. Jørnsten & V. Pignon, 2003. "Congestion management in the Nordic power market - counter purchases and zonal pricing," Competition and Regulation in Network Industries, Intersentia, vol. 4(3), pages 271-293, September.
- Ehrenmann, Andreas & Smeers, Yves, 2005. "Inefficiencies in European congestion management proposals," Utilities Policy, Elsevier, vol. 13(2), pages 135-152, June.
- Richard Green, 2007. "Nodal pricing of electricity: how much does it cost to get it wrong?," Journal of Regulatory Economics, Springer, vol. 31(2), pages 125-149, April.
- Mette Bjorndal & Kurt Jornsten, 2001.
"Zonal Pricing in a Deregulated Electricity Market,"
The Energy Journal, , vol. 22(1), pages 51-73, January.
- Mette Bjorndal & Kurt Jornsten, 2001. "Zonal Pricing in a Deregulated Electricity Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 51-73.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sarfati, M. & Hesamzadeh, M-R. & Holmberg, P., 2019.
"Production efficiency of nodal and zonal pricing in imperfectly competitive electricity markets,"
Cambridge Working Papers in Economics
1919, Faculty of Economics, University of Cambridge.
- Sarfati, Mahir & Hesamzadeh, Mohammed Reza & Holmberg, Pär, 2019. "Production Efficiency of Nodal and Zonal Pricing in Imperfectly Competitive Electricity Markets," Working Paper Series 1264, Research Institute of Industrial Economics.
- Mahir Sarfati & Mahammad Reza Hesamzadeh & Par Holmberg, 2019. "Production efficiency of nodal and zonal pricing in imperfectly competitive electricity markets," Working Papers EPRG1909, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- M. Sarfati & M.R. Hesamzadeh & P. Holmberg, 2018.
"Increase-Decrease Game under Imperfect Competition in Two-stage Zonal Power Markets – Part I: Concept Analysis,"
Working Papers
EPRG 1837, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Sarfatia, M. & M., Hesamzadeha. & Holmberg, P., 2018. "Increase-Decrease Game under Imperfect Competition in Two-stage Zonal Power Markets Part I: Concept Analysis," Cambridge Working Papers in Economics 1869, Faculty of Economics, University of Cambridge.
- Sarfati, Mahir & Hesamzadeh, Mohammad Reza & Holmberg, Pär, 2018. "Increase-Decrease Game under Imperfect Competition in Two-stage Zonal Power Markets – Part I: Concept Analysis," Working Paper Series 1253, Research Institute of Industrial Economics.
- Ambrosius, M. & Egerer, J. & Grimm, V. & Weijde, A.H. van der, 2020. "Uncertain bidding zone configurations: The role of expectations for transmission and generation capacity expansion," European Journal of Operational Research, Elsevier, vol. 285(1), pages 343-359.
- Abdin, Islam & Li, Yan-Fu & Zio, Enrico, 2017. "Risk assessment of power transmission network failures in a uniform pricing electricity market environment," Energy, Elsevier, vol. 138(C), pages 1042-1055.
- Christine Brandstätt & Gert Brunekreeft & Nele Friedrichsen, 2011. "Improving Investment Coordination in Electricity Networks Through Smart Contracts," Bremen Energy Working Papers 0010, Bremen Energy Research.
- Georgios Petropoulos & Bert Willems, 2016.
"Providing efficient network access to green power generators- A long-term property rights perspective,"
Bruegel Working Papers
17317, Bruegel.
- Petropoulos, G. & Willems, Bert, 2017. "Providing Efficient Network Access to Green Power Generators : A Long-term Property Rights Perspective," Discussion Paper 2017-007, Tilburg University, Tilburg Law and Economic Center.
- Petropoulos, Georgios & Willems, Bert, 2017. "Providing efficient network access to green power generators:: A long-term property rights perspective," TSE Working Papers 17-770, Toulouse School of Economics (TSE).
- Petropoulos, G. & Willems, Bert, 2017. "Providing Efficient Network Access to Green Power Generators : A Long-term Property Rights Perspective," Discussion Paper 2017-010, Tilburg University, Center for Economic Research.
- Holmberg, Pär & Tangerås, Thomas & Ahlqvist, Victor, 2018.
"Central- versus Self-Dispatch in Electricity Markets,"
Working Paper Series
1257, Research Institute of Industrial Economics, revised 27 Mar 2019.
- Ahlqvist, V. & Holmberg, P & Tangeras, T., 2019. "Central- versus Self-Dispatch in Electricity Markets," Cambridge Working Papers in Economics 1902, Faculty of Economics, University of Cambridge.
- Victor Ahlqvist & Pär Holmberg & Thomas Tangerås, 2019. "Central- versus Self-Dispatch in Electricity Markets," Working Papers EPRG 1902, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Friedrich Kunz, 2013. "Improving Congestion Management: How to Facilitate the Integration of Renewable Generation in Germany," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Bjørndal, Endre & Bjørndal, Mette & Rud, Linda & Alangi, Somayeh Rahimi, 2017. "Market Power Under Nodal and Zonal Congestion Management Techniques," Discussion Papers 2017/14, Norwegian School of Economics, Department of Business and Management Science.
- Martin Weibelzahl & Alexandra Märtz, 2020. "Optimal storage and transmission investments in a bilevel electricity market model," Annals of Operations Research, Springer, vol. 287(2), pages 911-940, April.
- Hesamzadeh, Mohammad Reza & Holmberg, Pär & Sarfati, Mahir, 2018.
"Simulation and Evaluation of Zonal Electricity Market Designs,"
Working Paper Series
1211, Research Institute of Industrial Economics.
- Hesamzadeh, M. & Holmberg, P. & Sarfati, M., 2018. "Simulation and Evaluation of Zonal Electricity Market Designs," Cambridge Working Papers in Economics 1829, Faculty of Economics, University of Cambridge.
- M. R. Hesamzadeh & P. Holmberg & M. Sarfati, 2018. "Simulation and Evaluation of Zonal Electricity Market Design," Working Papers EPRG 1813, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Mario Blazquez Paz, 2024. "Production or transmission investments? A comparative analysis," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(4), pages 957-1000, December.
- Martin Palovic, 2022. "Making market-based redispatch efficient: How to alter distribution effects without distorting the generation dispatch?," Bremen Energy Working Papers 0041, Bremen Energy Research.
- Erik Heilmann & Nikolai Klempp & Kai Hufendiek & Heike Wetzel, 2022. "Long-term Contracts for Network-supportive Flexibility in Local Flexibility Markets," MAGKS Papers on Economics 202224, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Karhinen, Santtu & Huuki, Hannu, 2020. "How are the long distances between renewable energy sources and load centres reflected in locational marginal prices?," Energy, Elsevier, vol. 210(C).
- Petropoulos, Georgios & Willems, Bert, 2020. "Long-term transmission rights and dynamic efficiency," Energy Economics, Elsevier, vol. 88(C).
- Lang, Lukas Maximilian & Dallinger, Bettina & Lettner, Georg, 2020. "The meaning of flow-based market coupling on redispatch measures in Austria," Energy Policy, Elsevier, vol. 136(C).
- Martin Bichler & Hans Ulrich Buhl & Johannes Knörr & Felipe Maldonado & Paul Schott & Stefan Waldherr & Martin Weibelzahl, 2022. "Electricity Markets in a Time of Change: A Call to Arms for Business Research," Schmalenbach Journal of Business Research, Springer, vol. 74(1), pages 77-102, March.
- Blázquez De Paz, Mario, 2017. "Production or Transmission Investments? A Comparative Analysis," Working Paper Series 1158, Research Institute of Industrial Economics.
- Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
- Jahns, Christopher & Stein, Tobias & Höckner, Jonas & Weber, Christoph, 2023. "Prevention of strategic behaviour in local flexibility markets using market monitoring – Concept, application example and limitations," Energy Policy, Elsevier, vol. 174(C).
- Han, Jinil & Papavasiliou, Anthony, 2015. "Congestion management through topological corrections: A case study of Central Western Europe," Energy Policy, Elsevier, vol. 86(C), pages 470-482.
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.- Dijk, Justin & Willems, Bert, 2011.
"The effect of counter-trading on competition in electricity markets,"
Energy Policy, Elsevier, vol. 39(3), pages 1764-1773, March.
- Dijk, J. & Willems, Bert, 2011. "The effect of counter-trading on competition in electricity markets," Other publications TiSEM 4bcaff5c-737d-44c7-af8a-a, Tilburg University, School of Economics and Management.
- Pär Holmberg and Ewa Lazarczyk, 2015. "Comparison of congestion management techniques: Nodal, zonal and discriminatory pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Holmberg, P. & Lazarczyk, E., 2012.
"Congestion management in electricity networks: Nodal, zonal and discriminatory pricing,"
Cambridge Working Papers in Economics
1219, Faculty of Economics, University of Cambridge.
- Holmberg, Pär & Lazarczyk, Ewa, 2012. "Congestion Management in Electricity Networks: Nodal, Zonal and Discriminatory Pricing," Working Paper Series 915, Research Institute of Industrial Economics.
- Pär Holmberg & Ewa Lazarczyk, 2012. "Congestion management in electricity networks: Nodal, zonal and discriminatory pricing," Working Papers EPRG 1209, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
- Blázquez De Paz, Mario, 2017. "Production or Transmission Investments? A Comparative Analysis," Working Paper Series 1158, Research Institute of Industrial Economics.
- Heffron, Raphael J. & Körner, Marc-Fabian & Sumarno, Theresia & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2022.
"How different electricity pricing systems affect the energy trilemma: Assessing Indonesia's electricity market transition,"
Energy Economics, Elsevier, vol. 107(C).
- Heffron, Raphael J. & Marc-Fabian Körner, Marc-Fabian & Sumarno, Theresia & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2021. "How Different Electricity Pricing Systems Affect the Energy Trilemma: Assessing Indonesia’s Electricity Market Transition," ADBI Working Papers 1213, Asian Development Bank Institute.
- Triolo, Ryan C. & Wolak, Frank A., 2022. "Quantifying the benefits of a nodal market design in the Texas electricity market," Energy Economics, Elsevier, vol. 112(C).
- Leuthold, Florian & Jeske, Till & Weigt, Hannes & von Hirschhausen, Christian, 2009. "When the Wind Blows Over Europe: A Simulation Analysis and the Impact of Grid Extensions," MPRA Paper 65655, University Library of Munich, Germany.
- Martin Weibelzahl & Alexandra Märtz, 2020. "Optimal storage and transmission investments in a bilevel electricity market model," Annals of Operations Research, Springer, vol. 287(2), pages 911-940, April.
- Grimm, Veronika & Rückel, Bastian & Sölch, Christian & Zöttl, Gregor, 2021. "The impact of market design on transmission and generation investment in electricity markets," Energy Economics, Elsevier, vol. 93(C).
- Jonas Egerer & Jens Weibezahn & Hauke Hermann, 2015. "Two Price Zones for the German Electricity Market: Market Implications and Distributional Effects," Discussion Papers of DIW Berlin 1451, DIW Berlin, German Institute for Economic Research.
- Höckner, Jonas & Voswinkel, Simon & Weber, Christoph, 2020. "Market distortions in flexibility markets caused by renewable subsidies – The case for side payments," Energy Policy, Elsevier, vol. 137(C).
- Friedrich Kunz, 2013. "Improving Congestion Management: How to Facilitate the Integration of Renewable Generation in Germany," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Felten, Björn & Osinski, Paul & Felling, Tim & Weber, Christoph, 2021. "The flow-based market coupling domain - Why we can't get it right," Utilities Policy, Elsevier, vol. 70(C).
- 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 Simshauser & Farhad Billimoria & Craig Rogers, 2021.
"Optimising VRE plant capacity in Renewable Energy Zones,"
Working Papers
EPRG2121, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Simshauser, P. & Billimoria, F. & Rogers, C., 2021. "Optimising VRE Plant Capacity in Renewable Energy Zones," Cambridge Working Papers in Economics 2164, Faculty of Economics, University of Cambridge.
- Simshauser, Paul, 2021.
"Renewable Energy Zones in Australia's National Electricity Market,"
Energy Economics, Elsevier, vol. 101(C).
- Simshauser, P., 2021. "Renewable Energy Zones in Australia's National Electricity Market," Cambridge Working Papers in Economics 2119, Faculty of Economics, University of Cambridge.
- Paul Simshauser, 2021. "Renewable Energy Zones in Australia’s National Electricity Market," Working Papers EPRG2103, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, Karsten & Barquin, Julian & Bialek, Janusz W. & Boyd, Rodney & Dent, Chris J. & Echavarren, Francisco & Grau, Thilo & von Hirschhausen, Christian & Hobbs, Benjamin F. & Kunz, Friedrich & Nabe, 2013.
"Renewable electric energy integration: Quantifying the value of design of markets for international transmission capacity,"
Energy Economics, Elsevier, vol. 40(C), pages 760-772.
- Karsten Neuhoff & Rodney Boyd & Thilo Grau & Julian Barquin & Francisco Echavarren & Janusz Bialek & Chris Dent & Christian von Hirschhausen & Benjamin Hobbs & Friedrich Kunz & Hannes Weigt & Christia, 2011. "Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity," Discussion Papers of DIW Berlin 1166, DIW Berlin, German Institute for Economic Research.
- Petropoulos, Georgios & Willems, Bert, 2020. "Long-term transmission rights and dynamic efficiency," Energy Economics, Elsevier, vol. 88(C).
- Joachim Bertsch & Simeon Hagspiel & Lisa Just, 2016. "Congestion management in power systems," Journal of Regulatory Economics, Springer, vol. 50(3), pages 290-327, December.
Corrections
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:tiu:tiutis:4bcaff5c-737d-44c7-af8a-ad5f3e0512a9. 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: Richard Broekman (email available below). General contact details of provider: https://www.tilburguniversity.edu/about/schools/economics-and-management/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.