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dc.contributor.advisorChurch, Jeffrey
dc.contributor.authorWipond, Kevin Michael
dc.date.accessioned2017-12-18T21:39:31Z
dc.date.available2017-12-18T21:39:31Z
dc.date.issued2008
dc.identifier.citationWipond, K. M. (2008). Economic withholding in the Alberta electricity market (Unpublished master's thesis). University of Calgary, Calgary, AB. doi:10.11575/PRISM/2036en_US
dc.identifier.urihttp://hdl.handle.net/1880/103037
dc.descriptionBibliography: p. 166-169en
dc.description.abstractThe economic use of offer restatements in the restructured Alberta electricity market can be seen as an exercise of market power. By using this mechanism to alter their energy offer, a supplier can withhold supply from the market leading to a significant price effect. This thesis examines this behaviour in the first half of 2006. Evidence is provided that the locking restatement in particular is used to economically withhold capacity from the market. It is shown that in some instances the impact on pool price from this withholding of capacity is more than $300/MWh and the associated transfer of wealth from load to supply, more than 3 million dollars in a single hour. It is also shown that this exercise of market power is carried out repeatedly during the six month period examined and a large fraction of the instances can be attributed to a single participant.
dc.format.extentxii, 173 leaves : ill. ; 30 cm.en
dc.language.isoeng
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.titleEconomic withholding in the Alberta electricity market
dc.typemaster thesis
dc.publisher.institutionUniversity of Calgaryen
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/2036
thesis.degree.nameMaster of Arts
thesis.degree.nameMA
thesis.degree.disciplineEconomics
thesis.degree.grantorUniversity of Calgary
dc.publisher.placeCalgaryen
ucalgary.thesis.notesUARCen
ucalgary.thesis.uarcreleaseyen
ucalgary.item.requestcopytrue
ucalgary.thesis.accessionTheses Collection 58.002:Box 1835 520708998


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University of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.