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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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