search query: @indexterm wholesaling / total: 95
reference: 10 / 95
| Author: | Müsgens, F. |
| Title: | Quantifying market power in the German wholesale electricity market using a dynamic multi-regional dispatch model |
| Journal: | Journal of Industrial Economics
2006 : DEC, VOL. 54:4, p. 471-498 |
| Index terms: | electricity industry wholesaling Germany |
| Freeterms: | market power |
| Language: | eng |
| Abstract: | The article quantifies the degree of market power in the German wholesale electricity market. A dispatch model simulates competitive marginal costs. In addition to common input factors like plant capacities, fuel prices and load structures, the model also incorporates international power exchange and dynamic effects like start-up costs and hydro storage plant dispatch. The simulated prices are subsequently used as a benchmark for observed electricity prices. |
SCIMA