Browsing by Subject "Residual Supply Index"

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Browsing by Subject "Residual Supply Index"

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    Title: Predicting Market Power in Wholesale Electricity Markets  Author(s): NEWBERY, David Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: The traditional measure of market power is the HHI, which gives implausible results given the low elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the ...