Some searches may not work properly. We apologize for the inconvenience.
My bibliography Save this paperThe Visible Hand: Ensuring Optimal Investment in Electric Power Generation
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Thomas-Olivier Léautier, 2016. "The Visible Hand: Ensuring Optimal Investment in Electric Power Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Léautier, Thomas-Olivier, 2011. "The Visible Hand: Ensuring Optimal Investment in Electric Power Generation," IDEI Working Papers 605, Institut d'Économie Industrielle (IDEI), Toulouse, revised Mar 2013.
References listed on IDEAS
- Paul Joskow & Jean Tirole, 2007.
"Reliability and competitive electricity markets,"
RAND Journal of Economics, RAND Corporation, vol. 38(1), pages 60-84, March.
- Paul Joskow & Jean Tirole, 2004. "Reliability and Competitive Electricity Markets," Working Papers 0408, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Tirole, Jean & Joskow, Paul L, 2007. "Reliability and Competitive Electricity Markets," CEPR Discussion Papers 6121, C.E.P.R. Discussion Papers.
- Joskow, Paul L. & Tirole, Jean, 2004. "Reliability and Competitive Electricity Markets," IDEI Working Papers 310, Institut d'Économie Industrielle (IDEI), Toulouse.
- Joskow, P. & Tirole, J., 2004. "Reliability and Competitive Electricity Markets," Cambridge Working Papers in Economics 0450, Faculty of Economics, University of Cambridge.
- Paul L. Joskow & Jean Tirole, 2004. "Reliability and Competitive Electricity Markets," NBER Working Papers 10472, National Bureau of Economic Research, Inc.
- Chao, Hung-po & Wilson, Robert, 1987. "Priority Service: Pricing, Investment, and Market Organization," American Economic Review, American Economic Association, vol. 77(5), pages 899-916, December.
- Thomas-Olivier Leautier, 2014.
"Is Mandating "Smart Meters" Smart?,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Léautier, Thomas-Olivier, 2012. "Is mandating "smart meters" smart?," IDEI Working Papers 747, Institut d'Économie Industrielle (IDEI), Toulouse.
- Léautier, Thomas-Olivier, 2012. "Is mandating "smart meters" smart?," TSE Working Papers 12-341, Toulouse School of Economics (TSE).
- Severin Borenstein & Stephen Holland, 2005.
"On the Efficiency of Competitive Electricity Markets with Time-Invariant Retail Prices,"
RAND Journal of Economics, The RAND Corporation, vol. 36(3), pages 469-493, Autumn.
- Severin Borenstein & Stephen P. Holland, 2003. "On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices," NBER Working Papers 9922, National Bureau of Economic Research, Inc.
- Alfredo Garcia & Zhijiang Shen, 2010. "Equilibrium Capacity Expansion Under Stochastic Demand Growth," Operations Research, INFORMS, vol. 58(1), pages 30-42, February.
- Natalia Fabra & Nils‐Henrik M von der Fehr & María‐Ángeles de Frutos, 2011. "Market Design and Investment Incentives," Economic Journal, Royal Economic Society, vol. 121(557), pages 1340-1360, December.
- Zöttl, Gregor, 2011. "On optimal scarcity prices," International Journal of Industrial Organization, Elsevier, vol. 29(5), pages 589-605, September.
- Cramton, Peter & Stoft, Steven, 2008.
"Forward reliability markets: Less risk, less market power, more efficiency,"
Utilities Policy, Elsevier, vol. 16(3), pages 194-201, September.
- Peter Cramton & Steven Stoft, 2008. "Forward Reliability Markets: Less Risk, Less Market Power, More Efficiency," Papers of Peter Cramton 08frm, University of Maryland, Department of Economics - Peter Cramton, revised 2008.
- Lijesen, Mark G., 2007. "The real-time price elasticity of electricity," Energy Economics, Elsevier, vol. 29(2), pages 249-258, March.
- Severin Borenstein, 2005. "The Long-Run Efficiency of Real-Time Electricity Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 93-116.
- Boom, Anette, 2009.
"Vertically integrated firms' investments in electricity generating capacities,"
International Journal of Industrial Organization, Elsevier, vol. 27(4), pages 544-551, July.
- Anette Boom, 2007. "Vertically Integrated Firms' Investments in Electricity Generating Capacities," CIE Discussion Papers 2007-14, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- D. Finon & V. Pignon, 2008. "Capacity mechanisms in imperfect electricity markets," Post-Print hal-00716763, HAL.
- Frederic H. Murphy & Yves Smeers, 2005. "Generation Capacity Expansion in Imperfectly Competitive Restructured Electricity Markets," Operations Research, INFORMS, vol. 53(4), pages 646-661, August.
- Michael A. Crew & Paul R. Kleindorfer, 1976. "Peak Load Pricing with a Diverse Technology," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 207-231, Spring.
- Finon, Dominique & Pignon, Virginie, 2008. "Capacity mechanisms in imperfect electricity markets," Utilities Policy, Elsevier, vol. 16(3), pages 141-142, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gal, Nurit & Milstein, Irena & Tishler, Asher & Woo, C.K., 2019. "Investment in electricity capacity under fuel cost uncertainty: Dual-fuel and a mix of single-fuel technologies," Energy Policy, Elsevier, vol. 126(C), pages 518-532.
- Léautier, Thomas-Olivier, 2014. "The "demand side" effect of price caps: uncertainty, imperfect competition, and ration," TSE Working Papers 14-460, Toulouse School of Economics (TSE).
- Léautier, Thomas-Olivier, 2014. "The "demand side" effect of price caps: uncertainty, imperfect competition, and rationing," IDEI Working Papers 815, Institut d'Économie Industrielle (IDEI), Toulouse.
- Bajo-Buenestado, Raúl, 2017. "Welfare implications of capacity payments in a price-capped electricity sector: A case study of the Texas market (ERCOT)," Energy Economics, Elsevier, vol. 64(C), pages 272-285.
- Léautier, Thomas-Olivier, 2014.
"Transmission constraints and strategic underinvestment in electric power generation,"
IDEI Working Papers
816, Institut d'Économie Industrielle (IDEI), Toulouse.
- Léautier, Thomas-Olivier, 2014. "Transmission constraints and strategic underinvestment in electric power generation," TSE Working Papers 13-459, Toulouse School of Economics (TSE).
- Brown, David P., 2018.
"Capacity payment mechanisms and investment incentives in restructured electricity markets,"
Energy Economics, Elsevier, vol. 74(C), pages 131-142.
- Brown, David, 2014. "Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets," Working Papers 2014-13, University of Alberta, Department of Economics.
- Anette Boom & Stefan Buehler, 2020.
"Vertical structure and the risk of rent extraction in the electricity industry,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 210-237, January.
- Boom, Anette & Buehler, Stefan, 2018. "Vertical Structure and the Risk of Rent Extraction in the Electricity Industry," Working Papers 8-2018, Copenhagen Business School, Department of Economics.
- Klaus Eisenack & Mathias Mier, 2019.
"Peak-load pricing with different types of dispatchability,"
Journal of Regulatory Economics, Springer, vol. 56(2), pages 105-124, December.
- Klaus Eisenack & Mathias Mier, 2018. "Peak-load Pricing with Different Types of Dispatchability," Working Papers V-411-18, University of Oldenburg, Department of Economics, revised Jul 2018.
- Gregor Zöttl, 2010. "A Framework of Peak Load Pricing with Strategic Firms," Operations Research, INFORMS, vol. 58(6), pages 1637-1649, December.
- Thomas-Olivier Leautier, 2014.
"Is Mandating "Smart Meters" Smart?,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Léautier, Thomas-Olivier, 2012. "Is mandating "smart meters" smart?," IDEI Working Papers 747, Institut d'Économie Industrielle (IDEI), Toulouse.
- Léautier, Thomas-Olivier, 2012. "Is mandating "smart meters" smart?," TSE Working Papers 12-341, Toulouse School of Economics (TSE).
- Lorenczik, Stefan, 2019. "Interaction effects of market failure and CRMs in interconnected electricity markets," Energy Policy, Elsevier, vol. 135(C).
- Milstein, Irena & Tishler, Asher, 2015. "Can price volatility enhance market power? The case of renewable technologies in competitive electricity markets," Resource and Energy Economics, Elsevier, vol. 41(C), pages 70-90.
- Anette Boom & Sebastian Schwenen, 2021.
"Is real-time pricing smart for consumers?,"
Journal of Regulatory Economics, Springer, vol. 60(2), pages 193-213, December.
- Boom, Anette & Schwenen, Sebastian, 2020. "Is Real-time Pricing Smart for Consumers?," Working Papers 12-2020, Copenhagen Business School, Department of Economics.
- Csereklyei, Zsuzsanna & Kallies, Anne, 2022. "A legal-economic framework of electricity markets: Assessing Australia’s transition," MPRA Paper 114191, University Library of Munich, Germany.
- Lambin, Xavier, 2020. "Integration of Demand Response in Electricity Market Capacity Mechanisms," Utilities Policy, Elsevier, vol. 64(C).
- Christian Gambardella & Michael Pahle & Wolf-Peter Schill, 2016. "Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Pricing under Carbon-Tax-Induced Variable Renewable Energy Supply," Discussion Papers of DIW Berlin 1621, DIW Berlin, German Institute for Economic Research.
- Peter Cramton & Axel Ockenfels, 2012. "Economics and Design of Capacity Markets for the Power Sector," Papers of Peter Cramton 12cocap, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
- Elberg, Christina, 2014. "Cross-Border Effects of Capacity Mechanisms in Electricity Markets," EWI Working Papers 2014-11, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
- Leautier, Thomas-Olivier, 2018. "On the long-term impact price caps: Investment, uncertainty, imperfect competition, and rationing," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 53-95.
- Mier, Mathias, 2021.
"Efficient pricing of electricity revisited,"
Energy Economics, Elsevier, vol. 104(C).
- Mathias Mier, 2020. "Efficient Pricing of Electricity Revisited," ifo Working Paper Series 342, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
More about this item
JEL classification:
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2010-10-02 (Energy Economics)
- NEP-IND-2010-10-02 (Industrial Organization)
- NEP-REG-2010-10-02 (Regulation)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tse:wpaper:22641. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/tsetofr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.