{"title":"Capacity Expansion in Non-Regulated Electricity Markets","authors":"A. Ehrenmann, Y. Smeers","doi":"10.1109/HICSS.2006.80","DOIUrl":null,"url":null,"abstract":"Investment in new generation is not well understood in a deregulated environment. While 20 years of literature focused on capacity expansion in a regulated world it is only since 2001 that researchers examine the gaming aspect of investment in electricity generation. The natural representation of a capacity expansion game has two stages: first to determine the capacity and to choose the production afterwards. In some cases one stage games can be used to replace two stage games. In most cases they can’t.","PeriodicalId":432250,"journal":{"name":"Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06)","volume":"374 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2006-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"12","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/HICSS.2006.80","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 12
Abstract
Investment in new generation is not well understood in a deregulated environment. While 20 years of literature focused on capacity expansion in a regulated world it is only since 2001 that researchers examine the gaming aspect of investment in electricity generation. The natural representation of a capacity expansion game has two stages: first to determine the capacity and to choose the production afterwards. In some cases one stage games can be used to replace two stage games. In most cases they can’t.