On the long run effects of market splitting: Why more price zones might decrease welfare
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- 作者：Veronika Grimma ; b ; veronika.grimm@fau.de" class="auth_mail" title="E-mail the corresponding author ; Alexander Martinc ; b ; alexander.martin@fau.de" class="auth_mail" title="E-mail the corresponding author ; Martin Weibelzahlc ; b ; martin.weibelzahl@fau.de" class="auth_mail" title="E-mail the corresponding author ; Gregor Zö ; ttld ; b ; gregor.zoettl@fau.de" class="auth_mail" title="E-mail the corresponding author
- 关键词：Congestion Management ; Market Splitting ; Generation Investment
- 刊名：Energy Policy
- 出版年：2016
- 出版时间：July 2016
- 年：2016
- 卷：94
- 期：Complete
- 页码：453-467
- 全文大小：941 K
文摘
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We analyze investment and production in energy only markets with market splitting.
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Market splitting can lead to decreased welfare even for reasonably chosen zones.
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We identify the reasons for the negative impact of introducing prices zones.