WorldCat Identities

Cambridge-MIT Institute

Overview
Works: 77 works in 95 publications in 1 language and 375 library holdings
Classifications: HD9685.P62, 339
Publication Timeline
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Most widely held works by Cambridge-MIT Institute
Cities of innovation : shaping places for high-tech( Book )

2 editions published in 2003 in English and held by 22 WorldCat member libraries worldwide

CMI working paper by Cambridge-MIT Institute( )

in English and held by 18 WorldCat member libraries worldwide

Diagnosing and mitigating market power in Chile's electricity industry by Soledad Arellano( Book )

2 editions published in 2003 in English and held by 8 WorldCat member libraries worldwide

This paper examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot market. The industry is modeled as a Cournot duopoly with a competitive fringe; particular care is given to the hydro scheduling decision. Quantitative simulations of the strategic behavior of generators indicate that the largest generator ("Endesa") would have the incentive and ability to exercise market power unilaterally. It would do so by scheduling its hydro resources, which are shown to be the real source of its market power, in order to take advantage of differences in price elasticity: too little supply to high demand periods and too much to low demand periods. The following market power mitigation measures are also analyzed: (a) requiring Endesa to divest some of its generating capacity to create more competitors and (b) requiring the dominant generators to enter into fixed price forward contracts for power covering a large share of their generating capacity. Splitting the largest producer in two or more smaller firms turns the market equilibrium closer to the competitive equilibrium as divested plants are more intensely used. Contracting practices proved to be an effective tool to prevent large producers from exercising market power in the spot market. In addition, a more effcient hydro scheduling resulted. Conditions for the development of a voluntary contract market are analyzed, as it is not practical to rely permanently on vesting contracts imposed for the transition period
Why did British electricity prices fall after 1998? by John R Evans( Book )

2 editions published in 2003 in English and held by 8 WorldCat member libraries worldwide

In an attempt to reduce high electricity prices in England and Wales the government has reduced concentration among generators and introduced New Electricity Trading Arrangements (NETA). Econometric analysis on monthly data from April 1996 to September 2002 implies support for two conflicting hypotheses. On a static view, increases in competition and the capacity margin were chiefly responsible for the fall in prices. If generators had been tacitly colluding before NETA, however, the impending change in market rules might have changed their behaviour a few months before the abolition of the Pool. That view implies that NETA reduced prices
Merchant transmission investment by Paul L Joskow( Book )

2 editions published in 2003 in English and held by 8 WorldCat member libraries worldwide

We examine the performance attributes of a merchant transmission investment framework that relies on market driven' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent set of assumptions, the merchant investment model has a remarkable set of attributes that appear to solve the natural monopoly problem traditionally associated with electricity transmission networks. We extend the merchant investment model to incorporate imperfections in wholesale electricity markets, lumpiness in transmission investment opportunities, stochastic attributes of transmission networks and associated property rights definition issues, the effects of behavior of transmission owners and system operators on transmission capacity, maintenance and reliability, coordination and bargaining considerations, forward contract, commitment and asset specificity issues. Incorporating these more realistic attributes of transmission networks and the behavior of transmission owners and system operators undermines the attractive properties of the merchant model and leads to inefficient transmission investment decisions
Market-based investment in electricity transmission networks : controllable flow by Gert Brunekreeft( Book )

2 editions published in 2003 in English and held by 7 WorldCat member libraries worldwide

Lessons from phase 2 compliance with the U.S. Acid Rain Program by A. Denny Ellerman( Book )

1 edition published in 2003 in English and held by 7 WorldCat member libraries worldwide

Technical efficiency in electricity generation : the impact of smallness and isolation of island economies by Preetum Domah( Book )

1 edition published in 2002 in English and held by 6 WorldCat member libraries worldwide

A comparison of electricity market designs in networks by Andreas Ehrenmann( Book )

2 editions published in 2003 in English and held by 6 WorldCat member libraries worldwide

Allocating transmission to mitigate market power in electricity networks by Richard J Gilbert( Book )

1 edition published in 2002 in English and held by 6 WorldCat member libraries worldwide

Reform and regulation of the electricity sectors in developing countries by Tooraj Jamasb( Book )

1 edition published in 2002 in English and held by 6 WorldCat member libraries worldwide

The difficult transition to competitive electricity markets in the U.S by Paul L Joskow( Book )

2 editions published in 2003 in English and held by 6 WorldCat member libraries worldwide

Diversity and security in UK electricity generation : the influence of low carbon objectives by Michael Grubb( Book )

2 editions published in 2005 in English and held by 6 WorldCat member libraries worldwide

Distributed generation versus centralised supply : a social cost-benefit analysis by Francesco Gullì( Book )

2 editions published in 2003 in English and held by 6 WorldCat member libraries worldwide

Welfare impacts of electricity generation sector reform in the Philippines by Natsuko Toba( Book )

1 edition published in 2003 in English and held by 6 WorldCat member libraries worldwide

Regulated and merchant interconnectors in Australia : SNI and Murraylink revisited by Stephen C Littlechild( Book )

2 editions published in 2004 in English and held by 6 WorldCat member libraries worldwide

Regulatory threat in vertically related markets : the case of German electricity by Gert Brunkreeft( Book )

1 edition published in 2002 in English and held by 5 WorldCat member libraries worldwide

Core indicators for determinants and performance of electricity sector in developing countries by Tooraj Jamasb( Book )

1 edition published in 2004 in English and held by 5 WorldCat member libraries worldwide

Auctions to gas transmission access : the British experience by Tanga McDaniel( Book )

1 edition published in 2002 in English and held by 5 WorldCat member libraries worldwide

When access to monopoly owned networks is constrained auctioning access rights can increase the efficiency of allocations relative to negotiation and grandfathering when there is sufficient competition among network users. Historically, access rights to entry capacity on the British gas network were granted by the monopoly network owner via negotiation; rights were later based on regulated tariffs with an increasing reliance on market based constraint resolution by the system operator. In 1999 an auction mechanism for allocating rights was introduced. Comparing the different allocation methods we conclude that where there is competition at entry terminals auctions have been successful with respect to anticipating spot prices, capturing producer rents and reducing the costs of alleviating network constraints. Moreover, auctions are more transparent and better facilitate entry
Integrating transmission and energy markets mitigates market power by Karsten Neuhoff( Book )

1 edition published in 2003 in English and held by 5 WorldCat member libraries worldwide

 
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Alternative Names
CMI

Massachusetts Institute of Technology Cambridge, Mass Cambridge MIT Institute

Massachusetts Institute of Technology Cambridge-MIT Institute

University Cambridge Cambridge MIT Institute

University of Cambridge Cambridge-MIT Institute

剑桥-麻省理工研究院

Languages
English (35)

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