Optimal Willingness to Supply Wholesale Electricity Under Asymmetric Linearized Marginal Costs
This analysis derives the profit-maximizing willingness to supply functions for single-plant and multi-plant wholesale electricity suppliers that all incur linear marginal costs. The optimal strategy must result in linear residual demand functions in the absence of capacity constraints. This necessa...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2012-12-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31902/350693?publisher=http-www-cag-edu-tr-ilhan-ozturk |