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The capacity of the transmission network determines the extent of integration of a multinational energy market. Cross …
Persistent link: https://www.econbiz.de/10010320381
This paper is part I of a two-part paper. It proposes a two-stage game to analyze imperfect competition of producers in zonal power markets with a day-ahead and a real-time market. We consider strategic producers in both markets. They need to take both markets into account when deciding what to...
Persistent link: https://www.econbiz.de/10012145478
In part I of this paper, we proposed a Mixed-Integer Linear Program (MILP) to analyze imperfect competition of oligopoly producers in two-stage zonal power markets. In part II of this paper, we propose a solution algorithm which decomposes the proposed MILP model into several subproblems and...
Persistent link: https://www.econbiz.de/10012145479
Electricity markets employ different congestion management methods to handle the limited transmission capacity of the … of zonal pricing: zonal pricing with Available Transmission Capacity (ATC) and zonal pricing with Flow-Based Market … inefficiencies due to the inc-dec game. Improving the representation of the transmission network as in the zonal pricing with FBMC …
Persistent link: https://www.econbiz.de/10012145489
Zonal pricing with countertrading (a market-based redispatch) gives arbitrage opportunities to the power producers located in the export-constrained nodes. They can increase their profit by increasing the output in the dayahead market and decrease it in the real-time market (the inc-dec game)....
Persistent link: https://www.econbiz.de/10011917087
In part I of this paper, we proposed a Mixed-Integer Linear Program (MILP) to analyze imperfect competition of oligopoly producers in two-stage zonal power markets. In part II of this paper, we propose a solution algorithm which decomposes the proposed MILP model into several subproblems and...
Persistent link: https://www.econbiz.de/10012907352
This paper is part I of a two-part paper. It proposes a two-stage game to analyze imperfect competition of producers in zonal power markets with a day-ahead and a real-time market. We consider strategic producers in both markets. They need to take both markets into account when deciding what to...
Persistent link: https://www.econbiz.de/10012907353
Electricity markets employ different congestion management methods to handle the limited transmission capacity of the … zonal pricing: zonal pricing with Available Transmission Capacity (ATC) and zonal pricing with Flow-Based Market Coupling … due to the inc-dec game. Improving the representation of the transmission network as in the zonal pricing with FBMC …
Persistent link: https://www.econbiz.de/10012829074
In this paper, we analyze the effect of transport infrastructure investments in railways. As a testing ground, we use data from a new historical database that includes annual panel data on approximately 2,400 Swedish rural geographical areas during the period 1860-1917. We use a staggered event...
Persistent link: https://www.econbiz.de/10012703459
The most common reason for scrapping a wind turbine in Denmark is to make room for a newer turbine. The decision to scrap a wind turbine is then highly dependent on an opportunity cost that comes from the interaction of scarce land resources, technological change and changes in subsidy policy....
Persistent link: https://www.econbiz.de/10010320215