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Diagnosing and mitigating market power in Chile's electricity industry
(MIT Center for Energy and Environmental Policy Research, 2003)
This paper examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot ...
Competitive electricity markets and investment in new generating capacity
(MIT Center for Energy and Environmental Policy Research, 2006)
Evidence from the U.S. and some other countries indicates that organized wholesale markets for electrical energy and operating reserves do not provide adequate incentives to stimulate the proper quantity or mix of generating ...