Market power analysis in the Iberian electricity market using a conjectural variations model
作者: João LagartoJorge A.M. SousaÁlvaro MartinsPaulo Ferrão
作者单位: 1ISEL-Lisbon Engineering Superior Institute, Rua Conselheiro Emídio Navarro, 1, 1959-007 Lisboa, Portugal
2INESC-ID, Rua Alves Redol, 9, 1000-029 Lisboa, Portugal
3MIT Portugal Program in Sustainable Energy Systems, IST-Tagus Park, Av. Professor Cavaco Silva, 2744-016 Porto Salvo, Portugal
4Lisboa School of Economics and Management of The University of Lisbon, Rua Miguel Lúpi, 10, 1200-781 Lisboa, Portugal
5Technical Superior Institute (IST) of The University of Lisbon, Av. Rovisco Pais, 1, 1049-001 Lisboa, Portugal
刊名: Energy, 2014, Vol.76 , pp.292-305
来源数据库: Elsevier Journal
DOI: 10.1016/
关键词: Market powerConjectural variations modelIberian electricity market
英文摘要: Abstract(#br)In the last years the electricity industry has faced a restructuring process. Among the aims of this process was the increase in competition, especially in the generation activity where firms would have an incentive to become more efficient. However, the competitive behavior of generating firms might jeopardize the expected benefits of the electricity industry liberalization. The present paper proposes a conjectural variations model to study the competitive behavior of generating firms acting in liberalized electricity markets. The model computes a parameter that represents the degree of competition of each generating firm in each trading period. In this regard, the proposed model provides a powerful methodology for regulatory and competition authorities to monitor the...
全文获取路径: Elsevier  (合作)
影响因子:3.651 (2012)

  • electricity 电气
  • market 市场
  • model 模型
  • analysis 分析
  • power 功率