Why Marginal Pricing?
Under perfect competition, marginal pricing results in short-term efficiency and the subsequent right short-term price signals. However, the main reason for the adoption of marginal pricing is not the above, but investment cost recovery. That is, the fact that the profits obtained by infra-marginal...
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| Format: | Article |
| Language: | English |
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IEEE
2023-01-01
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| Series: | Journal of Modern Power Systems and Clean Energy |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/10049814/ |