737 research outputs found

    Allocating Transmission to Mitigate Market Power in Electricity Networks

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    We ask what conditions transmission contracts increase or mitigate market power. We show that the allocation process of transmission rights is crucial. In an efficient arbitraged uniform price auction, generators will only obtain contracts that mitigate their market power. However, if generators inherit transmission contracts or buy them in a ‘pay-as-bid’ auction, then these contracts can enhance market power. In the two-node network case, banning generators from holding transmission contracts that do not correspond to delivery of their own energy mitigates market power. Meshed networks differ in important ways as constrained links no longer isolate prices in competitive markets from market manipulation. The paper suggests ways of minimising market power considerations when designing transmission contracts.electricity, contracts, auction, network, transmission

    Electricity transmission: an overview of the current debate

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    Electricity transmission has emerged as critical for successfully liberalising power markets. This paper surveys the issues currently under discussion and provides a framework for the remaining papers in this issue. We conclude that signalling the efficient location of generation investment might require even a competitive LMP system to be complemented with deep connection charges. Although a Europe-wide LMP system is desirable, it appears politically problematic, so an integrated system of market coupling, possibly evolving by voluntary participation, should have high priority. Merchant investors may be able to increase interconnector capacity, although this is not unproblematic and raises new regulatory issues. A key issue that needs further research is how to better incentivize TSOs, especially with respect to cross-border issues.Electricity, Transmission, Regulation, Prices, Merchant Investment

    A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems

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    The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale markets. After briefly reviewing definitions, strategies and methods of mitigating market power we examine the various methods of detecting market power that have been employed by academics and market monitors/regulators. These techniques include structural and behavioural indices and analysis as well as various simulation approaches. The applications of these tools range from spot market mitigation and congestion management through to long-term market design assessment and merger decisions. Various market-power monitoring units already track market behaviour and produce indices. Our survey shows that these units collect a large amount of data from various market participants and we identify the crucial role of the transmission system operators with their access to dispatch and system information. Easily accessible and comprehensive data supports effective market power monitoring and facilitates market design evaluation. The discretion required for effective market monitoring is facilitated by institutional independence.Electricity, liberalisation, market power, regulation

    Low-resolution scalar quantization for Gaussian sources and squared error

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    Nutzung von Pflanzenextrakten zur Kontrolle der KrautfÀule (P. infestans) im ökologischen Kartoffelbau

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    Der Befall mit dem Erreger der Kraut- und KnollenfĂ€ule (P. infestans) hat durch frĂŒhzeitigen Verlust der AssimilationsflĂ€che regelmĂ€ĂŸig erhebliche Ertragsverluste im Ökologischen Kartoffelbau zur Folge. Neben einer Reihe von vorbeugenden Maßnahmen, inbesondere Wahl toleranter Sorten und Vorkeimen des Pflanzgutes (KARALUS 1995, MEINCK 1999), sind zur direkten effizienten Kontrolle derzeit nur Kupferverbindungen zugelassen. Ein weitgehend unerforschtes Potential zur Kontrolle dieses Oomyceten liegt in der Nutzung von Pflanzenextrakten, diese Wirkung wurde in Feldversuchen untersucht

    Application of finite element code Q3DFL0-81 to turbomachinery flow fields

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    Through-flow and blade-to-blade calculations were made in association with a number of experimental research activities at the Turbopropulsion Laboratory, Naval Postgraduate School. The Q3DFL0-81 code was operated on an IBM 370-3033 mainframe computer. The flow through a single stage axial research compressor was computed and compared with both probe survey and stage performance map measurments. Swirling flow produced by a vaned out-flow generator for a radial diffuser test facility was calculated for both large low-speed and small-scale high-speed versions of the device. Flow through a two-dimensional compressor cascade of "controlled-dif fusion" blade shapes was calculated and the results compared with experimental data, and with predictions obtained using the NASA code QSONIC.Prepared for: Naval Air Systems Command, Washington DChttp://archive.org/details/applicationoffin00schuN0001984WR 41099, N0001984WR 41134N

    Consumption-oriented policy instruments for fostering greenhouse gas mitigation

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    Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’ (including from imported goods) and ‘downstream’ (eg disposal). Consumption-oriented policies may provide avenues to additional and cost-effective emission reductions, but are less prevalent, in part because of political sensitivities around government efforts to shape individual-level mitigation behaviour. In this paper, we explore policy instruments for encouraging low carbon behaviour in the EU context. Drawing on a literature survey and interviews, as part of the EU Carbon-CAP project, we develop a list of 33 potential instruments, present a systematic methodology for assessing their potential impact and feasibility, and apply this to rank instruments of most interest. Most instruments involve a clear trade-off between their potential impact and feasibility; about half feature in the top three scoring categories, many being voluntary approaches, which may be easier to implement, but with limited or highly uncertain impact. However, we identify a handful of top-scoring instruments that deserve far more policy attention. The complexity of consumer and corporate motivations and behaviours suggests that instruments should be trialled and monitored (e.g. in regions / individual States) before widespread introduction. Most would also be most effective when nested within wider policy packages, to address the varied behavioural motivations and stages of supply chains
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