| 2, 2005 | The Impacts of Demand Side Elasticity on the Electricity Power Exchange Performances: an Application to the Italian Market |
| authors |
Graziano
ABRATE Ettore BOMPARD Yuchao MA Roberto NAPOLI Elena RAGAZZI |
| This paper proposes a model to assess the role of demand elasticity in mitigating the effects of supply side strategic bidding behaviour in a spot electricity market. We model the supply side within a Conjectural Supply Function (CSF) framework, which allows incorporating exogenous changes in demand elasticity and different levels of competition in a given market. The impacts of demand responsiveness on the market performances are studied resorting to a set of proposed indexes that are applied to a model of the Italian market. |
| this page updated
07/21/2005