Evaluating Individual Market Power in Electricity Markets via Agent-Based Simulation
Evaluating Individual Market Power in Electricity Markets via Agent-Based Simulation
复制标题
通过基于代理的模拟评估电力市场中的个体市场力量
DOI:
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复制
发表时间:
2003
影响因子:
4.8
通讯作者:
F. Oliveira
中科院分区:
文献类型:
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作者:
D. Bunn;F. Oliveira
We use agent-based simulation in a coordination game to analyse the possibility of market power abuse in a competitive electricity market. The context of this was a real application to the England and Wales electricity market as part of a Competition Commission Inquiry into whether two particular generators could profitably influence wholesale prices. The research contributions of this paper are both in the areas of market power and market design policy issues for electricity markets, and in the methodological use of large industry-wide evolutionary simulation models.