4 papers
An empirical estimate of the electricity supply curve from market outcomes
Jorge Sánchez Canales, Alice Lixuan Xu, Chiara Fusar Bassini +2
Researchers and electricity sector practitioners frequently require the supply curve of electricity markets and the price elasticity of supply for purposes such as price forecastin…
Strategic bid response under automated market power mitigation in electricity markets
Chiara Fusar Bassini, Jacqueline Adelowo, Priya L. Donti +1
In auction markets that are prone to market power abuse, preventive mitigation of bid prices can be applied through automated mitigation procedures (AMP). Despite the widespread ap…
Revealing the empirical flexibility of gas units through deep clustering
Chiara Fusar Bassini, Alice Lixuan Xu, Jorge Sánchez Canales +2
The flexibility of a power generation unit determines how quickly and often it can ramp up or down. In energy models, it depends on assumptions on the technical characteristics of…
Market power abuse in wholesale electricity markets
Alice Lixuan Xu, Jorge Sánchez Canales, Chiara Fusar Bassini +2
In wholesale electricity markets, prices fluctuate widely from hour to hour and electricity generators price-hedge their output using longer-term contracts, such as monthly base fu…