Abstract
Market power refers to conditions where the providers of a service can consistently charge prices above those that would be established by a competitive market. There are many well known definitions of market power, including indices intended to quantify the degree of market concentration of energy supplies. This paper explores a method by which one of the standard indices in market power analysis (the Herfindahl-Hirschman Index) can be used to measure reactive power market concentration. The proposed method is illustrated by means of a simple example.
Original language | English (US) |
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Pages | 294-296 |
Number of pages | 3 |
State | Published - 1999 |
Externally published | Yes |
Event | Proceedings of the 1999 Winter Meeting of IEEE Power Engineering Society. Part 1 (of 2) - New York, NY, USA Duration: Jan 31 1999 → Feb 4 1999 |
Other
Other | Proceedings of the 1999 Winter Meeting of IEEE Power Engineering Society. Part 1 (of 2) |
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City | New York, NY, USA |
Period | 1/31/99 → 2/4/99 |
ASJC Scopus subject areas
- General Engineering