Browsing Working Papers by Author "Green, Richard"
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Did English generators play cournot? : capacity withholding in the electricity pool
Green, Richard (MIT Center for Energy and Environmental Policy Research, 2004)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 ... -
Electricity transmission pricing : how much does it cost to get it wrong?
Green, Richard (MIT Center for Energy and Environmental Policy Research, 2004)Economists know how to calculate optimal prices for electricity transmission. These are rarely applied in practice. This paper develops a thirteen node model of the transmission system in England and Wales, incorporating ...