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An Oligopolistic Electricity Market Model with Interdependent Segments

Pierre-Olivier Pineau and Georges Zaccour

The Energy Journal, 2007, vol. Volume 28, issue Number 3, 165-186

Abstract: In this paper,we model a two-period electricity market with interdependent demand, where oligopolistic generators make investments in peak-and base-load capacities. Different prices are obtained in the two periods, and residential consumers can react to prices across demand periods. We characterize the Cournot equilibrium obtained as a function of price and cross-price effects and present a numerical illustration based on the Ontario (Canada) electricity market.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (4)

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