Measuring reactive market power

Fernando L. Alvarado, Thomas Overbye

Research output: Contribution to conferencePaper

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 languageEnglish (US)
Pages294-296
Number of pages3
StatePublished - Jan 1 1999
EventProceedings of the 1999 Winter Meeting of IEEE Power Engineering Society. Part 1 (of 2) - New York, NY, USA
Duration: Jan 31 1999Feb 4 1999

Other

OtherProceedings of the 1999 Winter Meeting of IEEE Power Engineering Society. Part 1 (of 2)
CityNew York, NY, USA
Period1/31/992/4/99

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ASJC Scopus subject areas

  • Engineering(all)

Cite this

Alvarado, F. L., & Overbye, T. (1999). Measuring reactive market power. 294-296. Paper presented at Proceedings of the 1999 Winter Meeting of IEEE Power Engineering Society. Part 1 (of 2), New York, NY, USA, .