Inflow Uncertainty in Hydropower Markets

被引:15
作者
Hansen, Petter Vegard [1 ]
机构
[1] Point Carbon, N-0130 Oslo, Norway
关键词
Electricity; thermal power; demand functions; monopoly; duopoly; D40; Q11; Q41; L10; ELECTRICITY INDUSTRY; SPOT MARKET; POWER; COMPETITION; RESOURCE; WATER;
D O I
10.1111/j.1467-9442.2008.01559.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyse the effects of uncertainty on market performance in hydropower systems under alternative assumptions about market structure. Uncertainty creates distinct possibilities for exercising market power that cannot be captured in deterministic models. The qualitative and quantitative features of these possibilities depend on the characteristics of residual demand facing individual firms, which again depends on consumer preferences and generation and transmission technologies.
引用
收藏
页码:189 / 207
页数:19
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