Supply function equilibria in a hydropower market

dc.contributor.author	Skaar, Jostein
dc.date.accessioned	2006-06-27T10:35:53Z
dc.date.available	2006-06-27T10:35:53Z
dc.date.issued	2003-08
dc.identifier.issn	1503-2140
dc.identifier.uri	http://hdl.handle.net/11250/165616
dc.description.abstract	The purpose of this working paper is to study the implications of market power in a hydropower based electricity market within the framework of the Supply Function Equilibria (SFE) model. We start by developing the standard SFE model with two symmetric players. We then develop a simple numerical example to illustrate the effects of production constraints both related to installed effect capacity and to energy capacity. We illustrate that binding constraints on energy production reduce the number of allowable supply functions.	en
dc.format.extent	1303848 bytes
dc.format.mimetype	application/pdf
dc.language.iso	eng	en
dc.publisher	SNF	en
dc.relation.ispartofseries	Working paper	en
dc.relation.ispartofseries	2003:31	en
dc.title	Supply function equilibria in a hydropower market	en
dc.type	Working paper	en