Cart (Loading....) | Create Account
Close category search window
 

Generation capacity investment in oligopolistic electricity markets under uncertainty

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Burger, A. ; Res. Inst. for Regul. Econ., Vienna Univ. of Econ. & Bus. Adm., Vienna ; Ferstl, R.

The paper discusses game theoretic models for generation capacity investment decisions in a deregulated electricity market. We present an example of an S-adapted Cournot equilibrium, which we apply to the German electricity market. Investment decisions derived by this dynamic oligopoly model are then compared to what the perfect competition result in an otherwise unchanged setup would be. We conclude that there seems to be a problem with underinvestment and technology mix in the current market structure. Possible remedies could be more competition or price caps which both mitigate the incentive to invest less to drive up prices.

Published in:

Electricity Market, 2008. EEM 2008. 5th International Conference on European

Date of Conference:

28-30 May 2008

Need Help?


IEEE Advancing Technology for Humanity About IEEE Xplore | Contact | Help | Terms of Use | Nondiscrimination Policy | Site Map | Privacy & Opting Out of Cookies

A not-for-profit organization, IEEE is the world's largest professional association for the advancement of technology.
© Copyright 2014 IEEE - All rights reserved. Use of this web site signifies your agreement to the terms and conditions.