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Mathematical modelling for time-of-use pricing of electricity in monopoly and oligopoly
(Indian Institute of Management Ahmedabad, 2017-10-17)
This study establishes the feasibility condition for efficiency gains to arise from time-of-use pricing in the electricity market in a monopolistic and oligopolistic set up using constrained optimization. In an oligopolistic ...
Time-of-use pricing of electricity in monopoly and oligopoly
(OPSEARCH, 2020-07-21)
This paper discusses the efficiency gains for time-of-use pricing over flat-rate pricing in the electricity sector. The electricity market may be characterised by a monopoly in some cases, where a single firm continues to ...