|
|
|
|
|
Simon Roberts,Catherine Corbett,Reena das Nair
AbstractWhen assessing whether a merger is likely to substantially prevent or lessen competition, the Competition Act, No. 89 of 1998, as amended, specifies that the Commission should assess the strength of competition by taking into account the degree o...
ver más
|
|
|
|
|
|
|
|
|
|
|
Molla Ramizur Rahman and Arun Kumar Misra
Interconnectedness among banks is a key distinguishing feature of the banking system. It helps mitigate liquidity problems but on the other hand, acts as a curse in propagating systemic risk at times of distress. Thus, as banks cannot function in isolati...
ver más
|
|
|
|
|
|
|
|
|
|
|
Karol Tucki, Olga Orynycz, Andrzej Wasiak, Antoni Swic and Wojciech Dybas
The power sector is currently experiencing a dynamic transformation, resulting not only from EU directives, but also from current problems, mainly related to ensuring energy security for customers. For this reason, in Poland, it was decided that the mode...
ver más
|
|
|
|
|
|
|
|
|
|
|
Dodiek Ika Candra, Kilian Hartmann and Michael Nelles
The burden of excess energy from the high renewable energy sources (RES) share creates a significant reduction of residual load for the future, resulting in reduced market prices. The higher the share of stochastic RES, the more often the price will be 0...
ver más
|
|
|
|
|
|
|
|
|
|
|
Khalid A. Alnowibet, Ahmad M. Alshamrani and Adel F. Alrasheedi
Market power, defined as the ability to raise prices above competitive levels profitably, continues to be a prime concern in the restructured electricity markets. Market power must be mitigated to improve market performance and avoid inefficient generati...
ver más
|
|
|
|
|
|
|
|
|
|
|
Ye He, Siming Guo, Yu Wang, Yujia Zhao, Weidong Zhu, Fangyuan Xu, Chun Sing Lai and Ahmed F. Zobaa
Although many countries prefer deregulated power markets as a means of containing power costs, a monopoly may still exist. In this study, an agent-based bidding simulation framework is proposed to detect whether there will be a monopoly in the power mark...
ver más
|
|
|
|
|
|
|
|
|
|
|
Huiru Zhao, Yuwei Wang, Mingrui Zhao, Qingkun Tan and Sen Guo
In this paper, considering real time wind power uncertainties, the strategic behaviors of wind power producers adopting two different bidding modes in day-ahead electricity market is modeled and experimentally compared. These two different bidding modes ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Jun Dong, Dongran Liu, Xihao Dou, Bo Li, Shiyao Lv, Yuzheng Jiang and Tongtao Ma
To reach the ?30·60? decarbonization target (where carbon emissions start declining in 2030 and reach net zero in 2060), China is restructuring its power system to a new energy-based one. Given this new situation, this paper reviews previous studies on t...
ver más
|
|
|
|
|
|
|
|
|
|
|
Marisa Pessoa Gonçalves, Pedro M. Nogueira Reis and António Pedro Pinto
In this study, we provide a thorough analysis, conducted on a company-by-company basis, of the impact of bank concentration and the bank-relative power of banks on firm profitability, financing costs, and capital structure in a small economy like Portuga...
ver más
|
|
|
|
|
|
|
|
|
|
|
Jin Han and Hongmei Chang
In the context of the energy crisis and global climate deterioration, the sustainable development of clean energy will become a new direction for future energy development. Based on the development process of clean energy in China in the past ten years, ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Milana Treshcheva, Irina Anikina, Dmitry Treshchev and Sergey Skulkin
The variety of possible solutions for the integration of heat pumps (HP) into the circuits of generation facilities dictates the need for preliminary selection of the most promising options. Determining the maximally economically efficient HP capacity ma...
ver más
|
|
|
|
|
|
|
|
|
|
|
Ettore Bompard, Shaghayegh Zalzar, Tao Huang, Arturs Purvins and Marcelo Masera
Currently, the power transmission system of the Baltic states is synchronized with the Integrated/Unified Power System (IPS/UPS), which includes the Russian grid, and the IPS/UPS provides frequency regulation and system security within the Baltic states....
ver más
|
|
|
|
|
|
|
|
|
|
|
Sanderson Abel,Pierre le Roux
AbstractThe study evaluates the nature of market structure, and the degree and determinants of market power in the Zimbabwean banking sector during the period 2009-2014. The study employs the Lerner Index approach method to assess the market power of ban...
ver más
|
|
|
|
|
|
|
|
|
|
|
Tae Hyun Yoo, Hyeongon Park, Jae-Kun Lyu and Jong-Keun Park
In a deregulated market, independent system operators meet power balance based on supply and demand bids to maximize social welfare. Since electricity markets are typically oligopolies, players with market power may withhold capacity to maximize profit. ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Fotios M. Siokis
This study focuses on the real estate bubble burst in the US housing market during 2007?2008. We analyze the dynamics of the housing market crash and the after-crash sequence during the Great Recession. When a complex system deviates away from its typica...
ver más
|
|
|
|
|
|
|
|
|
|
|
Hani Muhsen, Mohammed Al-Mahmodi, Rashed Tarawneh, Asma Alkhraibat and Ala?aldeen Al-Halhouli
Green hydrogen and power-to-X technologies hold significant potential in the global energy transition towards net-zero emissions. This is attributed to the premise that these technologies can decarbonize numerous sectors worldwide by providing versatile ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Phillip Ngonisa, Bahle Mgxekwa, Nomusa Ndlovu, Nomasomi Ngonyama and Courage Mlambo
While the importance of the banking sector on various fundamental economic variables is well-documented in the literature, little is known about the relationship between the bank market structure and access to finance for opaque firms, particularly in de...
ver más
|
|
|
|
|
|
|
|
|
|
|
Peter Josef Stauvermann and Ronald Ravinesh Kumar
We use a three-sector overlapping generations model to examine the efficiency characteristics and income distribution in the long-run steady-state equilibrium. Assuming two sectors produce intermediate goods within an oligopolistic competition, we explor...
ver más
|
|
|
|
|
|
|
|
|
|
|
Dzikri Firmansyah Hakam
This paper proposes a novel approach to optimizing the structure of the electricity market by mitigating market power through the use of forward contracts. The IEEE 30 node test system is used as a case study for the paper, which employs nodal pricing an...
ver más
|
|
|
|
|
|
|
|
|
|
|
Jagjeevan Kanoujiya, Shailesh Rastogi, Rebecca Abraham and Venkata Mrudula Bhimavarapu
Firms? financial distress (FD) is a major issue for smooth business activities. Timely recognition of FD should be a prime concern; otherwise, it may cause a nasty bankruptcy situation. The FD issue is paramount to researchers, policymakers, and investor...
ver más
|
|
|
|
|
|