A Study on Market Power Mitigation Using Supply Margin Assessment

Supply Margin Assessment를 이용한 도매전력시장의 시장지배력 예방에 관한 연구

  • Published : 2005.03.01

Abstract

Several methods have been proposed to mitigate the market power in foreign electricity markets. In this paper, Hirfindahl-Hirschman Index(HHI) and supply margin assessment(SMA) are compared based upon the Korean future markets. The results show that SMA is better than HHI to estimate market power because it can reflect congestion and capacity reserve effectively.

Keywords

References

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