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Les effacements de consommation électrique et le surplus des acteurs énergétiques

Author

Listed:
  • Cédric Clastres
  • Patrice Geoffron

Abstract

The introduction and valorization of load-shedding in electricity markets is worthy of interest. Using the industrial structure developed by Chao (2011) and EPEX data on the day-ahead spot market, we develop a simulation model on the introduction of load-shedding in the French electricity market, with forecasted supply and demand functions. We show that load-shedding costs must be low to improve collective welfare and that transfers between actors should integrate the risk taken by suppliers or the consumer disutility incurred. JEL classification: D61, L11, L52, L94, Q41.

Suggested Citation

  • Cédric Clastres & Patrice Geoffron, 2020. "Les effacements de consommation électrique et le surplus des acteurs énergétiques," Revue d'économie industrielle, De Boeck Université, vol. 0(3), pages 9-46.
    • Handle: RePEc:cai:reidbu:rei_171_0009
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    Citations

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    Cited by:

    1. Cabot, Clément & Villavicencio, Manuel, 2024. "The demand-side flexibility in liberalised power market: A review of current market design and objectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 201(C).

    More about this item

    Keywords

    load-shedding profits; electricity market; collective welfare; consumer surplus;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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