Do we need a power exchange if there are enough power marketers ?

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SMEERS, Yves; WEI, Jing-Yuan;

Decentralization in electricity restructuring is a growing trend that Power Marketers are ex- pected to take advantage of. We consider a market composed of Power Marketers, an Indepen- dent System Operator, generators and retailers. Power Marketers behave a` la Cournot-... View more
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