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• W1520221986 abstract "We review supply function equilibrium models and their predictions on market outcomes in the wholesale electricity auctions. We discuss how observable market characteristics such as capacity constraints, number of power suppliers, load distribution and auction format affect the behavior of suppliers and performance of the market. We specifically focus on the possible market power exerted by pivotal suppliers and the comparison between discriminatory and uniform-price auctions. We also describe capacity investment behavior of electricity producers in the restructured industry." @default.
• W1520221986 created "2016-06-24" @default.
• W1520221986 creator A5020318673 @default.
• W1520221986 date "2011-11-17" @default.
• W1520221986 modified "2023-09-26" @default.
• W1520221986 title "Equilibrium Predictions in Wholesale Electricity Markets" @default.
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• W1520221986 doi "https://doi.org/10.1007/978-3-642-23193-3_10" @default.
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