A Simulation Analysis of Transmission - Constrained Oligopoly in the Wholesale Electricity Market (Japanese)
AbstractExercise of market power by dominant generators is recognized as a serious issue in restructured wholesale electricity markets. Oligopolistic generators that participate in the electricity market on a nationwide scale could act strategically by taking into account the limited capacity of inter-regional transmission lines. In this paper, we consider a transmission-constrained Cournot model, using a mathematical program with equilibrium constraints (MPEC). We then present a simulation analysis of the Japanese wholesale electricity market, which is divided into nine regions linked by interconnection lines. Specifically, this paper examines how the divestiture of dominant players' power plants located in different regions will affect the Cournot equilibrium.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion Papers (Japanese) with number 06010.
Length: 11 pages
Date of creation: Mar 2006
Date of revision:
Contact details of provider:
Postal: 11th floor, Annex, Ministry of Economy, Trade and Industry (METI) 1-3-1, Kasumigaseki Chiyoda-ku, Tokyo, 100-8901
Web page: http://www.rieti.go.jp/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Tanaka, Makoto, 2009. "Transmission-constrained oligopoly in the Japanese electricity market," Energy Economics, Elsevier, vol. 31(5), pages 690-701, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (NUKATANI Sorahiko).
If references are entirely missing, you can add them using this form.