Abstract
Much of the interest in the Supply Function Equilibria (SFE) model is focused on electricity spot markets for which it seems to be ideally suited. Most of the work has dealt with thermal power supply and very little with mixed hydro and thermal supply. The purpose of this paper is to explore the possibility of using the SFE model in markets with hydro power where power producers have water reservoirs that they use strategically. This concerns a wider type of markets where firms have inventories of goods that they can use strategically.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
