• DocumentCode
    1503368
  • Title

    Imperfect competition: modeling and analysis of oligopoly electricity markets

  • Author

    Maiorano, A. ; Song, YH ; Trovato, M.

  • Author_Institution
    Dept. of Electr. Eng. & Electron., Brunel Univ., Uxbridge, UK
  • Volume
    19
  • Issue
    5
  • fYear
    1999
  • fDate
    5/1/1999 12:00:00 AM
  • Firstpage
    56
  • Lastpage
    58
  • Abstract
    The aim of this letter is to provide an analysis of oligopoly electricity markets, such as the British electricity spot market. A model is developed under certain assumptions, first to describe the behavior of such a type of market. The main objective is to reveal how the behavior of suppliers affects each other´s profit-maximization. The effectiveness of the proposed methodology is demonstrated on a test electricity industry that contains three different suppliers
  • Keywords
    electricity supply industry; British electricity spot market; oligopoly electricity markets analysis; oligopoly electricity markets modeling; profit-maximization; suppliers behaviour; test electricity industry; Electricity supply industry; Electronic mail; IEEE members; Job shop scheduling; Monopoly; Oligopoly; Power generation; Power markets; Processor scheduling; Testing;
  • fLanguage
    English
  • Journal_Title
    Power Engineering Review, IEEE
  • Publisher
    ieee
  • ISSN
    0272-1724
  • Type

    jour

  • DOI
    10.1109/39.761820
  • Filename
    761820
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1503368