Quantifying the effect of long-term cont
Quantifying the effect of long-term contract offered to pivotal suppliers on mitigating market power
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Young Woo Nam; Jong-Keun Park; Yong Tae Yoon; Kwang-Jae Song
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Article
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2008
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John Wiley and Sons
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English
β 196 KB
π 1 views
## Abstract The market power by large suppliers remains to be problematic in establishing an efficient competitive market for electricity. The exercise of market power is often facilitated due to a few notable properties of electricity as a tradable commodity. The pivotal supplier whose capacity ex