Matches in SemOpenAlex for { <https://semopenalex.org/work/W2400609512> ?p ?o ?g. }
Showing items 1 to 84 of
84
with 100 items per page.
- W2400609512 abstract "Market power often emerges in wholesale electricity markets. Regulators use several strategies to limit market power: adopting bidding rules, compulsory forward markets and enhancing demand response. We study the case of the Irish Single Electricity Market (SEM), where the market will eliminate strict bidding rules to comply with the European Target Electricity Model. Using the PLEXOS unit-commitment model, we simulate the price that emerges in Cournot competition and find that it is more than 60% higher than in perfect competition. We then study how much the price varies with three measures that influence market power. Limiting thermal generators’ ownership of wind generation does not affect prices. Forcing the largest firm to sell some of its output forward decreases prices, but keeps them well above competitive levels. The most effective measure is an increase in price elasticity of demand, although existing evidence shows that it is hard to achieve. We conclude that regulatory oversight of bids will have to continue, although the Target Model will be associated with limited transparency, creating further challenges." @default.
- W2400609512 created "2016-06-24" @default.
- W2400609512 creator A5010680989 @default.
- W2400609512 creator A5055488512 @default.
- W2400609512 creator A5086945210 @default.
- W2400609512 date "2016-05-20" @default.
- W2400609512 modified "2023-09-27" @default.
- W2400609512 title "Strategic bidding, wind ownership and regulation in a decentralised electricity market" @default.
- W2400609512 hasPublicationYear "2016" @default.
- W2400609512 type Work @default.
- W2400609512 sameAs 2400609512 @default.
- W2400609512 citedByCount "1" @default.
- W2400609512 countsByYear W24006095122020 @default.
- W2400609512 crossrefType "posted-content" @default.
- W2400609512 hasAuthorship W2400609512A5010680989 @default.
- W2400609512 hasAuthorship W2400609512A5055488512 @default.
- W2400609512 hasAuthorship W2400609512A5086945210 @default.
- W2400609512 hasConcept C119599485 @default.
- W2400609512 hasConcept C127413603 @default.
- W2400609512 hasConcept C144133560 @default.
- W2400609512 hasConcept C146733006 @default.
- W2400609512 hasConcept C162324750 @default.
- W2400609512 hasConcept C16520705 @default.
- W2400609512 hasConcept C175444787 @default.
- W2400609512 hasConcept C17744445 @default.
- W2400609512 hasConcept C18903297 @default.
- W2400609512 hasConcept C199539241 @default.
- W2400609512 hasConcept C206658404 @default.
- W2400609512 hasConcept C2775881736 @default.
- W2400609512 hasConcept C2777001914 @default.
- W2400609512 hasConcept C2780233690 @default.
- W2400609512 hasConcept C2781127519 @default.
- W2400609512 hasConcept C40700 @default.
- W2400609512 hasConcept C51355593 @default.
- W2400609512 hasConcept C86803240 @default.
- W2400609512 hasConcept C91306197 @default.
- W2400609512 hasConcept C9233905 @default.
- W2400609512 hasConceptScore W2400609512C119599485 @default.
- W2400609512 hasConceptScore W2400609512C127413603 @default.
- W2400609512 hasConceptScore W2400609512C144133560 @default.
- W2400609512 hasConceptScore W2400609512C146733006 @default.
- W2400609512 hasConceptScore W2400609512C162324750 @default.
- W2400609512 hasConceptScore W2400609512C16520705 @default.
- W2400609512 hasConceptScore W2400609512C175444787 @default.
- W2400609512 hasConceptScore W2400609512C17744445 @default.
- W2400609512 hasConceptScore W2400609512C18903297 @default.
- W2400609512 hasConceptScore W2400609512C199539241 @default.
- W2400609512 hasConceptScore W2400609512C206658404 @default.
- W2400609512 hasConceptScore W2400609512C2775881736 @default.
- W2400609512 hasConceptScore W2400609512C2777001914 @default.
- W2400609512 hasConceptScore W2400609512C2780233690 @default.
- W2400609512 hasConceptScore W2400609512C2781127519 @default.
- W2400609512 hasConceptScore W2400609512C40700 @default.
- W2400609512 hasConceptScore W2400609512C51355593 @default.
- W2400609512 hasConceptScore W2400609512C86803240 @default.
- W2400609512 hasConceptScore W2400609512C91306197 @default.
- W2400609512 hasConceptScore W2400609512C9233905 @default.
- W2400609512 hasLocation W24006095121 @default.
- W2400609512 hasOpenAccess W2400609512 @default.
- W2400609512 hasPrimaryLocation W24006095121 @default.
- W2400609512 hasRelatedWork W1504754006 @default.
- W2400609512 hasRelatedWork W1515367897 @default.
- W2400609512 hasRelatedWork W1539285879 @default.
- W2400609512 hasRelatedWork W15991071 @default.
- W2400609512 hasRelatedWork W2024265826 @default.
- W2400609512 hasRelatedWork W2063285900 @default.
- W2400609512 hasRelatedWork W2071463826 @default.
- W2400609512 hasRelatedWork W2099964755 @default.
- W2400609512 hasRelatedWork W2112172560 @default.
- W2400609512 hasRelatedWork W2152527758 @default.
- W2400609512 hasRelatedWork W2382085339 @default.
- W2400609512 hasRelatedWork W2385117155 @default.
- W2400609512 hasRelatedWork W2478204107 @default.
- W2400609512 hasRelatedWork W2532198141 @default.
- W2400609512 hasRelatedWork W2551155672 @default.
- W2400609512 hasRelatedWork W2746780247 @default.
- W2400609512 hasRelatedWork W2894096880 @default.
- W2400609512 hasRelatedWork W3136319525 @default.
- W2400609512 hasRelatedWork W3142600003 @default.
- W2400609512 hasRelatedWork W1516112954 @default.
- W2400609512 isParatext "false" @default.
- W2400609512 isRetracted "false" @default.
- W2400609512 magId "2400609512" @default.
- W2400609512 workType "article" @default.