cost of production.I model a transmission network with a single line. I derive optimality conditions for supply functions … for generators who supply energy at both ends of the line, and also for generators who hold financial derivatives on the … certain portfolios of contracts for differences can lead to multiple supply function equilibria …

Competition between oligopolist electricity generators is inhibited by transmission constraints. I present a supply … monotonicity constraints on the supply functions.Using these methods I can calculate SFE in network markets that range from fully …

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction … elegantly be modelled as the pure-strategy, Nash Equilibrium of continuous supply functions, in which each supplier has a unique … profit maximising choice of supply function given the choices of other suppliers. Critics argue that the discreteness and …