Market Equilibrium and Impact of Market Mechanism Parameters on the Electricity Price in Yunnan’s Electricity Market

In this paper, a two-dimensional Cournot model is proposed to study generation companies’ (GENCO’s) strategic quantity-setting behaviors in the newly established Yunnan’s electricity market. A hybrid pricing mechanism is introduced to Yunnan’s electricity market with the aim to stimulate electricity...

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Bibliographic Details
Main Authors: Chuntian Cheng, Fu Chen, Gang Li, Qiyu Tu
Format: Article
Language:English
Published: MDPI AG 2016-06-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/9/6/463