Analysing market power in the restructured electricity market using game theory

  • Jon Yan
  • Published 2004 in
    2004 IEEE Africon. 7th Africon Conference in…


This paper focuses on the investigation of market power behaviour of market participants in the deregulated electricity market. The physical exercise of market power of a firm includes withholding part of its output and raising the price above its marginal cost for a certain period of time. In the simulations, different competition styles are considered… (More)


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