Market Structure and Equilibrium in a Hydro Dominated Electricity Market

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Title

Market Structure and Equilibrium in a Hydro Dominated Electricity Market

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Description

Hydro generation plays an important role in electricity generation, especially in countries like New Zealand where 60 to 65 percent of electricity is generated in the hydro sector. In contrast to other types of electricity generation, for example gas generation, hydro generation has two unique properties: uncertainty regarding future resource availability and the ability to store the nature resource. Although hydro resource is often considered to be ‘free’, the ability to store creates an end...

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Date created

10 Nov, 2021

Creator

Lu, Andrea

URL

https://figshare.com/articles/thesis/Market_Structure_and_Equilibrium_in_a_Hydro_Dominated_Electr...

Related subjects

Dynamic optimization / Electricity spot market performance / Storage option / School: School of Economics and Finance / 149999 Economics not elsewhere classified / Marsden: 340299 Applied Economics not Elsewhere Classified / Degree Discipline: Economics / Degree Level: Masters / Degree Name: Master of Arts / Economics not elsewhere classified

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