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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Bibliographic Details
Main Author: David Hudgins
Format: Article
Language:English
Published: EconJournals 2012-12-01
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