A pricing mechanism to jointly mitigate market power and environmental externalities in electricity markets

被引：6

作者：

Varawala, Lamia ^{[1
]}

Hesamzadeh, Mohammad Reza ^{[1
]}

Dan, Gyorgy ^{[1
]}

Bunn, Derek ^{[2
]}

Rosellon, Juan ^{[3
,4
,5
,6
]}

机构：

[1] KTH Royal Inst Technol, Brinellvagen 8, S-11428 Stockholm, Sweden

[2] London Business Sch, Regents Pk, London NW1 4SA, England

[3] Ctr Invest & Docencia Econ, Carr Mexico Toluca 3655, Mexico City 01210, DF, Mexico

[4] DIW Berlin, Mohrenstr 58, D-10117 Berlin, Germany

[5] Baker Inst Publ Policy, 6100 Main St, Baker Hall MS 40, Suite 120, Houston, TX 77005 USA

[6] Univ Barcelona, Tinent Coronel Valenzuela 1 11, Barcelona 08034, Spain

来源：

ENERGY ECONOMICS | 2023年 / 121卷

关键词：

Electricity; Market power; Environmental externalities; Price caps; Incentives; INFORMATION; COMPETITION; OLIGOPOLY; SUBSIDY;

D O I：

10.1016/j.eneco.2023.106646

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The electricity industry has been one of the first to face technological changes motivated by sustainability concerns. Whilst efficiency aspects of market design have tended to focus upon market power concerns, the new policy challenges emphasise sustainability. We argue that market designs need to develop remedies for market conduct integrated with regard to environmental externalities. Accordingly, we develop an incentive-based market clearing mechanism using a power network representation with a distinctive feature of incomplete information regarding generation costs. The shortcomings of price caps to mitigate market power, in this context, are overcome with the proposed mechanism.

引用

页数：14

共 50 条

[41] Investigating the Ability of Demand Shifting to Mitigate Electricity Producers' Market Power
Ye, Yujian
Papadaskalopoulos, Dimitrios
Strbac, Goran
IEEE TRANSACTIONS ON POWER SYSTEMS, 2018, 33 (04) : 3800 - 3811
[42] Research on modeling the incentive electricity pricing mechanism in day-ahead electricity market clearing containing wind power bidding
Nie Y.
Gu H.
Peng C.
Zhou H.
Gu Q.
Shi X.
Guo C.
Xie J.
Xie, Jun (jxie@hhu.edu.cn), 1600, Power System Protection and Control Press (48): : 25 - 34
[43] SOVIET MARKET POWER AND PRICING BEHAVIOR IN WESTERN EXPORT MARKETS
WOLF, TA
SOVIET STUDIES, 1982, 34 (04): : 529 - 546
[44] Integrated resource planning and environmental pricing in a competitive and deregulated electricity market
Bakken, JI
Lucas, N
ENERGY POLICY, 1996, 24 (03) : 239 - 244
[45] Mechanisms Employed to Monitor Market Power in Electricity Markets in Colombia
Alonso Botero, Jesus
Jairo Garcia, John
Guillermo Velez, Luis
CUADERNOS DE ECONOMIA, 2013, 32 (60): : 571 - 597
[46] Pricing environmental externalities in the power sector:: ethical limits and implications for social choice
Söderholm, P
Sundqvist, T
ECOLOGICAL ECONOMICS, 2003, 46 (03) : 333 - 350
[47] Comments on the international comparison of electricity markets and market power mitigation
Outhred, Hugh
2007 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS 1-10, 2007, : 3730 - 3733
[48] A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets
Wu, Chenye
Bose, Subhonmesh
Wierman, Adam
Mohesenian-Rad, Hamed
2013 IEEE POWER AND ENERGY SOCIETY GENERAL MEETING (PES), 2013,
[49] Power Market Tool (POMATO) for the analysis of zonal electricity markets
Weinhold, Richard
Mieth, Robert
SOFTWAREX, 2021, 16
[50] Modelling latent market power across gas and electricity markets
Bunn, DW
Dyner, I
Larsen, ER
SYSTEM DYNAMICS REVIEW, 1997, 13 (04) : 271 - 288

← 1 2 3 4 5 →