Storing power: market structure matters.

We assess how firms' incentives to operate and invest in energy storage depend on the market structure. For this purpose, we characterize equilibrium market outcomes allowing for market power in storage and/or production, as well as for vertical integration between storage and production. Market pow...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 54; no. 1; pp. 3 - 54
Main Authors:	Andrés‐Cerezo, David, Fabra, Natalia
Format:	Article
Published:	Wiley-Blackwell Mar2023
Subjects:	Market design & structure (Economics) Market power Vertical integration Market equilibrium Energy storage
Online Access:	View this record in EBSCOhost