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Designing electricity auctions

✍ Scribed by Natalia Fabra; Nils-Henrik von der Fehr; David Harbord


Book ID
118079850
Publisher
The RAND Corporation
Year
2006
Tongue
English
Weight
240 KB
Volume
37
Category
Article
ISSN
0741-6261

No coin nor oath required. For personal study only.


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The recent debates over discriminatory versus uniform-price auctions in the U.K. and elsewhere have revealed an incomplete understanding of the limitations of some popular auction models when applied to real-world electricity markets. This has led some regulatory authorities to prefer discriminatory