Capacity Withdrawals in the Electricity Wholesale Market

This book examines the issue of capacity withdrawals in the electricity wholesale market. Electricity generators can exercise market power in the wholesale market either by withdrawing generation capacity, or by pricing above competitive levels in order to achieve a higher market price and, thereby, increase revenues.

Aceasta carte examineaza problema retragerii capacitatii pe piata angro a energiei electrice. Generatorii de energie electrica pot exercita puterea pietei pe piata angro, fie prin retragerea capacitatii de productie, fie prin stabilirea unor preturi peste nivelurile concurentiale pentru a obtine un pret de piata mai ridicat si, prin urmare, pentru a creste veniturile.