Electricity market-clearing prices and investment incentives: The role of pricing rules

Pricing rules in wholesale electricity markets are usually classified around two major groups, namely linear (aka non-discriminatory) and non-linear (aka discriminatory). As well known, the major difference lies on the way non-convexities are considered in the computation of market prices.

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Year of publication:	2015
Authors:	Herrero, Ignacio ; Rodilla, Pablo ; Batlle, Carlos
Published in:	Energy Economics. - Elsevier, ISSN 0140-9883. - Vol. 47.2015, C, p. 42-51
Publisher:	Elsevier
Subject:	Electricity market design \| Marginal pricing \| Long-term capacity expansion

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Type of publication:	Article
Classification:	C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; C63 - Computational Techniques ; D41 - Perfect Competition ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; Q41 - Demand and Supply
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011189286