An empirical method of dynamic oligopoly behavior analysis in electricity markets

Evidence of market power existing in the electricity markets has been empirically revealed, but the understanding of the market structure and generation companies' (GENCOs') strategic behaviors underlying the market power is far from satisfactory. This paper presents a theory and method fo...

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Veröffentlicht in:	IEEE transactions on power systems 2006-05, Vol.21 (2), p.499-506
Hauptverfasser:	Liu, J.D., Lie, T.T., Lo, K.L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Australia Conjectural variation Consumer electronics Costs Dynamic tests Dynamical systems Dynamics Electric power generation Electricity electricity market Electricity supply industry Electricity supply industry deregulation Empirical analysis Investments market power Markets Oligopoly Power generation Power markets Regulators
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