Did English generators play cournot? : capacity withholding in the electricity pool
Electricity generators can raise the price of power by withholding their plant from the market. We discuss two ways in which this could have affected prices in the England and Wales Pool. Withholding low-cost capacity which should be generating will raise energy prices but make the pattern of genera...
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Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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Online Access: | http://hdl.handle.net/1721.1/45019 |