| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w6293 |
| 来源ID | Working Paper 6293 |
| The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry | |
| Severin Borenstein; James Bushnell; Steven Stoft | |
| 发表日期 | 1997-11-01 |
| 出版年 | 1997 |
| 语种 | 英语 |
| 摘要 | In an unregulated electricity generation market, the degree to which generators in" different locations compete with one another depends on the capacity to transmit electricity" between the locations. We study the impact of transmission capacity on competition among" generators. We show that there may be no relationship between the effect of a transmission line" in spurring competition and the actual electricity that flows on the line. We then investigate the" equilibria that are likely to result as transmission lines between previously unconnected locations" are built and expanded. We demonstrate that limited transmission capacity can give a firm the" incentive to restrict its output in order to congest transmission into its area of dominance. This" analysis is applied to a model of California's forthcoming deregulated electricity market. Our" results indicate that at least one firm could have an incentive to strategically induce transmission" congestion and that relatively small investments in transmission may yield surprisingly large" payoffs in terms of increased competition. |
| URL | https://www.nber.org/papers/w6293 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563802 |
| 推荐引用方式 GB/T 7714 | Severin Borenstein,James Bushnell,Steven Stoft. The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry. 1997. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w6293.pdf（2051KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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