Browsing Department of Business and Management Science by Subject "Market design"
Now showing items 1-2 of 2
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Market Power Under Nodal and Zonal Congestion Management Techniques
(Discussion paper;14/17, Working paper, 2017-11-07)Contrary to the common thought that nodal pricing provides more opportunities for a strategic player to exert market power than the zonal model, we show that in the latter one because of the need for re-dispatch or ... -
Stochastic Electricity Dispatch: A challenge for market design
(Discussion paper;11/16, Working paper, 2016-08-25)We consider an electricity market with two sequential market clearings, for instance representing a day-ahead and a real-time market. When the first market is cleared, there is uncertainty with respect to generation and/or ...