Electricity market structure, electricity price, and its volatility

被引:4
|
作者
Chang, Youngho [1 ]
Park, Cheolbeom [1 ]
机构
[1] Natl Univ Singapore, Dept Econ, Singapore 117570, Singapore
关键词
day-ahead market; real-time market; price volatility; electricity market structure; vesting contracts;
D O I
10.1016/j.econlet.2006.10.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
The transition of the Singapore electricity market structure shows that real-time pricing with vesting contracts appears more effective than day-ahead or real-time pricing with a cap in maintaining a low electricity price and its volatility. (c) 2006 Elsevier B.V. All rights reserved.
引用
收藏
页码:192 / 197
页数:6
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