dc.contributor.author | Mathiesen, Lars | |
dc.contributor.author | Skaar, Jostein | |
dc.contributor.author | Sørgard, Lars | |
dc.date.accessioned | 2006-08-08T07:09:27Z | |
dc.date.available | 2006-08-08T07:09:27Z | |
dc.date.issued | 2003-12 | |
dc.identifier.issn | 0804-6824 | |
dc.identifier.uri | http://hdl.handle.net/11250/162844 | |
dc.description.abstract | The purpose of this paper is to analyse how market power may affect the
allocation of production between seasons (summer and winter) in a hydro
power system with reservoirs and where inflow in winter is uncertain. We
find that even without market power we expect lower average prices during
summer than during winter. Furthermore, we find that market power may in
some situations lead to more sales during summer and in other situations to
less sales during summer. Thus market power is found to have an ambiguous
effect on the supply shortage in years with low inflow. | en |
dc.format.extent | 410465 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | eng | en |
dc.publisher | Norwegian School of Economics and Business Administration. Department of Economics | en |
dc.relation.ispartofseries | Discussion paper | en |
dc.relation.ispartofseries | 2003:24 | en |
dc.subject | hydropower | en |
dc.subject | storage | en |
dc.subject | reservoirs | en |
dc.subject | market power | en |
dc.title | Water with power : market power and supply shortage in dry years | en |
dc.type | Working paper | en |