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Discriminatory Versus Uniform-Price Electricity Auctions with Supply Function Equilibrium

✍ Scribed by T. S. Genc

Book ID
106433041
Publisher
Springer
Year
2008
Tongue
English
Weight
354 KB
Volume
140
Category
Article
ISSN
0022-3239

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πŸ“œ SIMILAR VOLUMES

A large generator's bids in an electrici
A large generator's bids in an electricity supply auction: Uniform pricing versus pay-as-bid pricing
✍ Yoshihiro Yamamoto; Etsuo Tezuka πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 374 KB

## Abstract A pay‐as‐bid auction has been adopted in a balancing market under New Electricity Trading Arrangements in England and Wales since 2001 instead of a uniform price auction previously used in a day‐ahead pool market. In contrast, a spot market in Japan, where a general electric utility wou