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Title: Analysis of Competition between Electricity and Town-Gas Suppliers under Time-of-Use Pricing
Authors: KITA, Hajime
KAWANO, Akihiko
NISHIKAWA, Yoshikazu
Issue Date: 31-Jul-1991
Publisher: Faculty of Engineering, Kyoto University
Journal title: Memoirs of the Faculty of Engineering, Kyoto University
Volume: 53
Issue: 3
Start page: 125
End page: 140
Abstract: Time-of-use pricing attracts attention in energy utilities such as electricity and town-gas, as a method of load management. These energy utilities are supplied by separate private companies, and hence there may be a certain competition between these suppliers by strategic use of time-of-use pricing for substitutable demand. In the pesent paper, strategic price setting by these competitive energy suppliers is analyzed based on a game model. Theoretical analysis and a numerical case study of the model show that the competitive suppliers discount prices for peak demand, and that the competition makes the market inefficient.
URI: http://hdl.handle.net/2433/281439
Appears in Collections:Vol.53 Part 3

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