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DOI | 10.1016/j.enpol.2016.12.017 |
Strategic capacity withholding through failures in the German-Austrian electricity market | |
Bergler, Julian1; Heim, Sven2,3; Hueschelrath, Kai2,3,4 | |
2017-03-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 102 |
文章类型 | Article |
语种 | 英语 |
国家 | Germany |
英文摘要 | In electricity day-ahead markets organized as uniform price auction, a small reduction in supply in times of high demand can cause substantial increases in price. We use a unique data set of failures of generation capacity in the German-Austrian electricity market to investigate the relationship between electricity spot prices and generation failures. Differentiating between strategic and non-strategic failures, we find a positive impact of prices on non-usable marginal generation capacity for strategic failures only. Our empirical analysis therefore provides evidence for the existence of strategic capacity withholding through failures suggesting further monitoring efforts by public authorities to effectively reduce the likelihood of such abuses of a dominant position. |
英文关键词 | Market power Auctions Electricity Withholding |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000397357200022 |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18124 |
专题 | 气候变化 |
作者单位 | 1.Univ Leipzig, Fac Econ & Management Sci, Grimmaische Str 12, D-04109 Leipzig, Germany; 2.ZEW Ctr European Econ Res, Competit & Regulat Res Grp, POB 10 34 43, D-68034 Mannheim, Germany; 3.MaCCI Mannheim Ctr Competit & Innovat, POB 10 34 43, D-68034 Mannheim, Germany; 4.Univ Mannheim, L7,3-5, D-68131 Mannheim, Germany |
推荐引用方式 GB/T 7714 | Bergler, Julian,Heim, Sven,Hueschelrath, Kai. Strategic capacity withholding through failures in the German-Austrian electricity market[J]. ENERGY POLICY,2017,102. |
APA | Bergler, Julian,Heim, Sven,&Hueschelrath, Kai.(2017).Strategic capacity withholding through failures in the German-Austrian electricity market.ENERGY POLICY,102. |
MLA | Bergler, Julian,et al."Strategic capacity withholding through failures in the German-Austrian electricity market".ENERGY POLICY 102(2017). |
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