Hydropower with Constraints

Finn R. Førsund
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Finn R. Førsund: University of Oslo

Chapter Chapter 3 in Hydropower Economics, 2015, pp 35-72 from Springer

Abstract: Abstract The analysis in Chapter 2 concluded that the price should be the same for all time periods. However, even a superficial knowledge of electricity markets with a significant presence of hydropower tells us that electricity prices vary over seasons and even days.

Keywords: Demand Curve; Shadow Price; Optimal Price; Reservoir Level; Shadow Prex (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/978-1-4899-7519-5_3

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