There are growing concerns that the increase in renewable generation capacity and deployment of demand-side resources such as rooftop solar panels will generate more uncertainty in wholesale electricity markets on both the supply and demand side. This has motivated regulators and policymakers to increase information transparency in wholesale electricity markets (e.g., see von der Fehr (2013)). On one hand, increased market transparency and the publication of near real-time information can allow electric generators to respond more efficiently to rapidly changing market conditions. On the other hand, there are concerns that increased information transparency can facilitate market power execution to increase market prices. These concerns are particularly relevant in concentrated wholesale electricity markets where firms interact repeatedly.
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机译:日益令人担忧的是,可再生发电能力的增加和屋顶太阳能电池板等需求侧资源的部署将在供需方面的批发电力市场中产生更不确定性。这具有激励的监管机构和政策制定者,以提高批发电力市场信息透明度(例如,见Von der Fehr(2013))。一方面,增加市场透明度和近实时信息的出版物可以让发电机更有效地响应迅速改变市场状况。另一方面,担心增加信息透明度可以促进市场力量以提高市场价格。这些担忧在企业反复互动的浓缩批发电力市场中特别相关。
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