Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/34772
Title: Variance of electricity prices and market power with bilateral contracts in deregulated markets
Authors: WANG GUANLI
Keywords: Electricity, Price volatility, Market power, Bilateral contracts, SFE model, Cournot model
Issue Date: 8-Dec-2011
Source: WANG GUANLI (2011-12-08). Variance of electricity prices and market power with bilateral contracts in deregulated markets. ScholarBank@NUS Repository.
Abstract: Many countries are in the process of reforming their electricity industries or are considering such reforms. The introduction of the electricity market is the most important part of this reform. This electricity market is considered as a deregulated electricity market compared to the regulated electricity prices. The deregulated electricity market is expected to be stable and competitive. However, price volatility and market power may exist in deregulated electricity markets. To address these stabilization and competition issues, vesting contracts and forward contracts, which are both bilateral contracts, are introduced. This thesis describes how the bilateral contracts work on controlling price volatility and market power by analytical and oligopoly models. The oligopoly models considered are supply function equilibria (SFE) and Cournot models.
URI: http://scholarbank.nus.edu.sg/handle/10635/34772
Appears in Collections:Ph.D Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
WangG.pdf775.06 kBAdobe PDF

OPEN

NoneView/Download

Page view(s)

269
checked on Dec 11, 2017

Download(s)

341
checked on Dec 11, 2017

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.