Electricity production in a hydro system with a reservoir constraint

dc.contributor.author	Mathiesen, Lars
dc.contributor.author	Skaar, Jostein
dc.contributor.author	Sørgard, Lars
dc.date.accessioned	2011-03-07T10:11:40Z
dc.date.available	2011-03-07T10:11:40Z
dc.date.issued	2011-02
dc.identifier.issn	1503-2140
dc.identifier.uri	http://hdl.handle.net/11250/166348
dc.description.abstract	The purpose of this article is to analyze how market power may affect the allocation of production between seasons (summer and winter) in a hydro power system with reservoir constraints and inflow uncertainty. We find that even without market power the price in the summer season may be lower than the expected price in the winter season. Market power may in some situations lead to higher sales and lower price in summer than the competitive outcome and in other situations to the opposite result. Furthermore, market power may lead to a smaller price difference between summer and winter than in a competitive market	en
dc.language.iso	eng	en
dc.publisher	SNF	en
dc.relation.ispartofseries	2011:03	en
dc.title	Electricity production in a hydro system with a reservoir constraint	en
dc.type	Working paper	en
dc.subject.nsi	VDP::Teknologi: 500::Elektrotekniske fag: 540::Elkraft: 542	en
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	en