We consider a supply function equilibrium (SFE) model of interaction in an electricity market. We assume a linear demand function and consider a competitive fringe and several strategic playersâ€¦ (More)

In this paper we consider a supply function model of an electricity market where strategic rms have capacity constraints. We show that if rms have heterogeneous cost functions and capacityâ€¦ (More)

In models of imperfect competition of deregulated electricity markets, the key task is to find the Nash equilibrium (NE). The approaches for finding the NE have had two major bottlenecks: computationâ€¦ (More)

Restructured energy markets present opportunities for the exercise of market power, meaning market players can potentially maintain prices in excess of competitive prices. In this paper, weâ€¦ (More)

We consider a supply function model of a poolco electricity market where demand varies signi cantly over a time horizon such as a day and also has a small responsiveness to price We show that aâ€¦ (More)

In this paper we use publicly available data filed at the Federal Energy Regulatory Commission to empirically determine the cost of transmission projects completed between the years 1994 and 2000. Weâ€¦ (More)

An important aspect of the study of power system markets involves the assessment of strategic behavior of participants for maximizing their profits. In models of imperfect competition of aâ€¦ (More)

We consider a supply function equilibrium (SFE) model of interaction in an electricity market. We assume a linear demand function and consider a competitive fringe and several strategic players allâ€¦ (More)