کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
994034 936063 2008 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Market power mitigation by regulating contract portfolio risk
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
Market power mitigation by regulating contract portfolio risk
چکیده انگلیسی

Abuse of market power by dominant generation firms is a growing concern in worldwide electricity markets. This paper argues that relying only on general competition rules—as is the case in most European countries—is insufficient and that complementary ex-ante regulation is needed. In particular, regulators should incentivize firms to sign contracts with retailers by regulating their risk exposure. In a simulation model we show that this type of regulation can significantly reduce the deadweight loss in the market, without imposing large costs on regulatees.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 36, Issue 10, October 2008, Pages 3787–3796
نویسندگان
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