Title :
Market power in the Electricity Pool of England and Wales
Author :
Kirschen, Daniel S.
Author_Institution :
Univ. of Manchester Inst. of Sci. & Technol., UK
fDate :
28 Jan-1 Feb 2001
Abstract :
This paper first examines how the operating principles of the Electricity Pool of England and Wales facilitated the exercise of market power. It then outlines the New Electricity Trading Arrangements and the expectations of its designers
Keywords :
electricity supply industry; power system economics; power system interconnection; Electricity Pool of England and Wales; New Electricity Trading Arrangements; UK; market power; operating principles; Cost function; Elasticity; Energy consumption; Load forecasting; Marketing and sales; Nuclear power generation; Power generation; Power markets; Privatization; Production;
Conference_Titel :
Power Engineering Society Winter Meeting, 2001. IEEE
Conference_Location :
Columbus, OH
Print_ISBN :
0-7803-6672-7
DOI :
10.1109/PESW.2001.916859
