Regulating transmission in a spatial oligopoly: a numerical illustration for Belgium
AbstractThis 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.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Energy, Transport and Environment in its series Energy, Transport and Environment Working Papers Series with number ete0314.
Length: 35 pages
Date of creation: Dec 2003
Date of revision:
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More information through EDIRC
Regulation; Transmission; Electricity; Cournot; Numerical model; Security constraints; MPEC; loadflow; Belgium;
Find related papers by JEL classification:
- D42 - Microeconomics - - Market Structure and Pricing - - - Monopoly
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-02-15 (All new papers)
- NEP-CMP-2004-02-15 (Computational Economics)
- NEP-COM-2004-02-15 (Industrial Competition)
- NEP-MIC-2004-02-15 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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