Browsing by Subject "Electricity"

Now showing items 1-3 of 3

    • A Model of Market Power in Electricity Industries Subject to Peak Load Pricing 
      Arellano, María Soledad; Serra Banfi, Pablo (Elsevier, 2007)
      This paper studies the exercise of market power in price-regulated electricity industries under peak-load pricing and merit order dispatching, but where investment decisions are taken by independent generating companies. ...
    • Energy prices in the presence of plant indivisibilities 
      Fischer Barkan, Ronald; Serra Banfi, Pablo (Elsevier, 2003)
      In several countries (Chile, Bolivia, Argentina and Peru, among others), power plants are dispatched according to merit order, i.e. based on the marginal operating costs of the plants. In this scheme, the operating plant ...
    • Long-term contract auctions and market power in regulated power industries 
      Arellano, M. Soledad; Serra Banfi, Pablo (Elsevier, 2010)
      A number of countries with oligopolistic power industries have used marginal cost pricing to set the price of energy for small customers. This course of action, however, does not necessarily ensure an efficient outcome ...