Arbeitspapier

Competition for Flexible Distribution Resources in a 'Smart' Electricity Distribution Network

In a 'smart' electricity distribution network, flexible distribution resources (FDRs) can be coordinated to improve efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the following efficiency rankings of market structures: Aggregators competing for FDRs are more efficient than a distribution system operator (DSO) controlling resources, which is more efficient than no FDR market. A no- market solution is more efficient than an FDR market featuring either (i) both DSO and aggregators; or (ii) a monopoly aggregator also supplying generation to the real-time market. The paper also characterizes a regulation that implements the efficient outcome.

Sprache
Englisch

Erschienen in
Series: IFN Working Paper ; No. 1351

Klassifikation
Wirtschaft
Public Goods
Monopoly; Monopolization Strategies
Economics of Regulation
Electric Utilities
Thema
Aggregator
Distribution system operator
Market power
Real-time market
Regulation
Smart grid

Ereignis
Geistige Schöpfung
(wer)
Tangerås, Thomas P.
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Tangerås, Thomas P.
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2020

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