Regulating transmission in a spatial oligopoly: a numerical illustration for Belgium
Bert Willems and
Guido Pepermans ()
Energy, Transport and Environment Working Papers Series from KU Leuven, Department of Economics - Research Group Energy, Transport and Environment
Abstract:
This paper introduces strategic behavior of the electricity network operator in a congested network with imperfect competition for generation. It models a two stage Stackelberg game. First, the network operator sets transmission prices, then generators set output and sales. Several scenarios for the generation market structure and the behavior of the network operator are compared numerically. The calibration of the numerical model is based on data of the Belgian electricity market.
Keywords: Regulation; Transmission; Electricity; Cournot; Numerical model; Security constraints; MPEC; loadflow; Belgium (search for similar items in EconPapers)
JEL-codes: D42 L13 L43 L94 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2003-12
New Economics Papers: this item is included in nep-cmp, nep-com and nep-mic
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:etewps:ete0314
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