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12 Dec 2023: www.eprg.group.cam.ac.uk. Multi-unit auctions with uncertain supply and single-unit demand EPRG Working Paper 2310 Cambridge Working Paper in Economics CWPE2339. ... The implications are similar for the related multi-unit auctions that central banks and

7 Dec 2023: Pro-competitive rationing in multi-unit auctions EPRG Working Paper 1414 Cambridge Working Paper in Economics 1435. ... Multi-unit auctions and exchanges need to specify rationing rules for cases with ties, i.e.

8 Dec 2023: www.eprg.group.cam.ac.uk. Price instability in multi-unit auctions EPRG Working Paper 1521 Cambridge Working Paper in Economics 1538. ... This dispute has been on-going for more than 20 years. In this study we present a new and more detailed theoretical

8 Dec 2023: www.eprg.group.cam.ac.uk. Pricing in Day-Ahead Electricity Markets with Near-Optimal Unit Commitment EPRG Working Paper 1840 Cambridge Working Paper in Economics 1872. ... One property of the unit comment problem is that uniform prices are not guaranteed

18 Jun 2024: 3-Party Covenant Financing of ‘Semi-Regulated’ Pumped Hydro Assets. EPRG Working Paper 2405Cambridge Working Paper in Economics 2425. ... The NEM’s organised spot electricity market coordinates plant scheduling and unit dispatch while the forward

2 Feb 2024: And has led to useful operational suggestions• Behavioural Insights Team/Limited (Nudge Unit)• E.g. ... Focus on customer failure but little acknowledgement of regulatory failure• Conclusion: Need to reorient behavioural economics to reforming.

6 Dec 2023: unit commitment. We find that, firstly, coupling international day-ahead and real-time power markets. ... balancing while respecting transmission constraints can provide. significant benefits even if unit commitment decisions consider only.

12 Dec 2023: www.eprg.group.cam.ac.uk. Multi-unit auctions with uncertain supply and single-unit demand EPRG Working Paper 2310 Cambridge Working Paper in Economics CWPE2339. ... 2009) and Reny & Perry(1999).We study multi-unit auctions with a single bidding round.

2 Feb 2024: And has led to useful operational suggestions • Behavioural Insights Team/Limited (Nudge Unit). • ... Also need to rethink behavioural economics & competition – but why wait for economics profession? •

5 Dec 2023: UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. DAE Working Paper Series. not to be quoted without permisson. ... incorporated benchmarking (Frontier Economics, 2003). Under the marginal reward and. penalty scheme, companies receive rewards

5 Dec 2023: CMI Working Paper 55. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Cambridge Working Papers in Economics. ... Market 1995-2000. Andrew Sweeting. Department of Economics, Northwestern University. August 9, 2004.

9 Jul 2024: David has degrees in physics, operational research and economics from Bristol, Lancaster and London (Birkbeck College) Universities respectively. ... off. The internet and globalisation have not eliminated this basic fact of economics.

5 Feb 2024: 3 introductionFrom the Economist Intelligence Unit. 9 china: the world’s new energy giantLin Boqiang, China Centre for Energy Economics Research (China). ... To support the event, the Economist Intelligence Unit conducted a survey of 767 people around

7 Dec 2023: continuous, the economics of LNG transport involves an indivisibility: the unit of. ... Economics, forthcoming. Aguirre, Iñaki, Simon Cowan and John Vickers (2010). Monopoly Price Discrimina-.

1 Jul 2024: In Australia, the NEM’s organised spot electricity market coordinates plant scheduling and unit dispatch while the forward derivatives market ties the economics of the physical power system to Resource Adequacy ... Both the unit cost of pumping and

11 Dec 2023: 2 Research Institute of Industrial Economics (IFN), Stockholm. 3 Research Institute of Industrial Economics (IFN), Stockholm. ... or not, especially if the unit is on the margin of being accepted.

11 Dec 2023: of Economics, Sidgwick Ave., Cambridge, CB3 9DD, UK 3 I am indebted to very helpful comments from two referees and David Reiner, and to helpful advice from Alastair Davies, but take ... The UK Government’s Appraisal Manual (The Green Book, HMT, 2018)

8 Dec 2023: www.eprg.group.cam.ac.uk. Pricing in Day-Ahead Electricity Markets with Near-Optimal Unit Commitment EPRG Working Paper 1840 Cambridge Working Paper in Economics 1872. ... Research Program. Pricing in Day-Ahead Electricity Markets with. Near-Optimal Unit

6 Dec 2023: locational-based unit commitment benefits and the. benefits of intermarket balancing. Although previous. ... 1. Locational-based Coupling of Electricity Markets:. Benefits from Coordinating Unit Commitment and.

8 Dec 2023: parameter θ is uniformly distributed in the unit interval. Realized demand is known when firms. ... regulator pays an extra price s per unit of capacity and, given that price, investors choose their.

7 Dec 2023: EPRG Working Paper 1211 Cambridge Working Paper in Economics 1226. Reyyan Koc, Nikolaos K. ... absorption unit to increase the power plant efficiency and to improve process economics.

11 Dec 2023: www.eprg.group.cam.ac.uk. The role of expectations for market design – on structural regulatory uncertainty in electricity markets EPRG Working Paper 1915 Cambridge Working Paper in Economics 1943. ... The availability factor αg [0, 1] denotes power

8 Dec 2023: www.eprg.group.cam.ac.uk. Price Instability in Multi-Unit Auctions. EPRG Working Paper 1521. Cambridge Working Paper in Economics 1538. ... Agency, and the Research Program the Economics of Electricity Markets. Price instability in multi-unit auctions.

12 Dec 2023:  Centre for Applied Energy Economics & Policy Research, Griffith Business School, Griffith University. ... Taxation. Equity Returns. Unit Cost. Page 16. Static, Seasonal and Dynamic Line Ratings (incl.

7 Dec 2023: Finally, we thank Dina Neiman for proofreadingthe paper. Any remaining errors are ours.†Research Institute of Industrial Economics (IFN), Stockholm. ... Associate Researcher of the. Electricity Policy Research Group, University of

5 Feb 2024: Locational‐based Coupling of Electricity Markets: Benefits from Coordinating UnitBenefits from Coordinating Unit Commitment & Balancing Markets(EPRG Working Paper 1022 / Cambridge Working Paper in Economics 1044). ... RedispatchDay-ahead unit

6 Dec 2023: Tooraj Jamasb2 ESRC Electricity Policy Research Group and. Faculty of Economics, University of Cambridge. ... Laura M. Platchkov3 ESRC Electricity Policy Research Group and. Faculty of Economics, University of Cambridge.

11 Dec 2023:  Professor of Economics, Centre for Applied Energy Economics & Policy Research, Griffith University. ... fast frequency response, ahead unit commitment for system strength, operating reserves and so on).

6 Dec 2023: EPRG Working Paper 1007 Cambridge Working Paper in Economics 1016. Pär Holmberg and David Newbery. ... Visitor to the EPRG.zFaculty of Economics, University of Cambridge, Research Director, EPRG.

8 Dec 2023: EPRG Working Paper 1833. Cambridge Working Paper in Economics 1863. Juha Teirilä and Robert A. ... with a new-build unit. This stage potentially has multiple equilibriaas is well-known.

11 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University.  Research Associate, Energy Policy Research Group, University of Cambridge. ... However, it would also defy the laws of physics and economics and allocate network losses of

11 Dec 2023: b Research Institute of Industrial Economics (IFN), Stockholm. Associate Researcher of the Energy Policy Research Group (EPRG), University of Cambridge. ... These decisions are based on the detailed bids at the unit level submitted by generation owners.

6 Dec 2023: EPRG Working Paper 0805. Cambridge Working Paper in Economics 0811. Christian Wolf and Michael G. ... actual output, and tend to generate significantly more revenue per unit of.

6 Dec 2023: unit auction, which typically leads to complex mixed strategy equilibria, or have argued. ... specify a quantity that would be available at a fixed per unit price.

11 Dec 2023: EPRG Working Paper 2117. Cambridge Working Paper in Economics 2146. Natalia Fabra and Imelda. ... aggregate demand curve. We also observe the market-clearing price, the marginal unit.

6 Dec 2023: Tooraj Jamasb. Faculty of Economics University of Cambridge. Michael Pollitt Judge Business School. ... 10. 12. Fixe. d ch. arge. p/M. PAN. /day. Unit charge Fixed charge.

2 Feb 2024: And has led to useful operational suggestions• Behavioural Insights Team/Limited (Nudge Unit)• E.g. ... analyses by Ofgem & CMA deficient in various respects• Problems too with some uses of behavioural economics & economics• Scope for