METHODS FOR ESTIMATION OF MARKET POWER IN ELECTRIC POWER INDUSTRY

被引:3
作者
Turcik, M. [1 ]
Oleinikova, I. [1 ]
Junghans, G. [1 ]
Kolcun, M. [1 ]
机构
[1] Inst Phys Energet, Lab Power Syst Math Modelling, Aizkraukles Iela 21, LV-1006 Riga, Latvia
关键词
market power; electricity market; liberalization; regulation;
D O I
10.2478/v10047-012-0008-2
中图分类号
O59 [应用物理学];
学科分类号
摘要
The article is related to a topical issue of the newly-arisen market power phenomenon in the electric power industry. The authors point out to the importance of effective instruments and methods for credible estimation of the market power on liberalized electricity market as well as the forms and consequences of market power abuse. The fundamental principles and methods of the market power estimation are given along with the most common relevant indicators. Furthermore, in the work a proposal for determination of the relevant market place taking into account the specific features of power system and a theoretical example of estimating the residual supply index (RSI) in the electricity market are given.
引用
收藏
页码:14 / 23
页数:10
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