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dc.contributor.authorMulder, Machiel
dc.contributor.authorPetrikaitė, Vaiva
dc.contributor.authorScholtens, Bert
dc.date.accessioned2017-07-26T23:32:47Z
dc.date.available2017-07-26T23:32:47Z
dc.date.issued2015
dc.identifier.citationMulder , M , Petrikaitė , V & Scholtens , B 2015 , ' Distributed energy generation techniques and the competitive fringe effect in electricity markets ' Resource and Energy Economics , vol. In press . DOI: 10.1016/j.reseneeco.2015.07.004en
dc.identifier.issn0928-7655
dc.identifier.otherPURE: 207520277
dc.identifier.otherPURE UUID: 993a3656-6a08-4f6a-9a97-b5ce619faa64
dc.identifier.otherRIS: urn:E8B192AE4C0A2BDFE076D8F5DCAF42ED
dc.identifier.otherScopus: 84940191844
dc.identifier.urihttp://hdl.handle.net/10023/11299
dc.description.abstractWe analyse the impact of two different generation techniques used by fringe suppliers on the intensity of competition in the electricity wholesale market. For that purpose we derive a Cournot model of this market taking into account long-term contracts, international trade and fringe suppliers using different energy generating technologies. We apply this model to the Dutch market and estimate the impact of fringe supply on the Lerner index. We find that the fringe supply coming from both intermittent wind generation and combined heat and power (CHP) plants operated by horticultural farmers increases competition, which leads to lower prices in the electricity market. However, this impact is relatively small. The effect per unit of intermittent wind electricity generation on competition and, therefore, prices is stronger than that of the CHP technology.en
dc.language.isoeng
dc.relation.ispartofResource and Energy Economicsen
dc.rightsCopyright © 2015 Published by Elsevier B.V. This work is made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://dx.doi.org/10.1016/j.reseneeco.2015.07.004en
dc.subjectGreen technologyen
dc.subjectQuantity competitionen
dc.subjectFringe effecten
dc.subjectCHPen
dc.subjectWind energyen
dc.subjectHB Economic Theoryen
dc.subject.lccHBen
dc.titleDistributed energy generation techniques and the competitive fringe effect in electricity marketsen
dc.typeJournal articleen
dc.description.versionPostprinten
dc.contributor.institutionUniversity of St Andrews. School of Managementen
dc.contributor.institutionUniversity of St Andrews. Centre for Responsible Banking and Financeen
dc.identifier.doihttps://doi.org/10.1016/j.reseneeco.2015.07.004
dc.description.statusPeer revieweden
dc.date.embargoedUntil26-07-20


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