Sökning: "William Stålhök"

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  1. 1. Understanding the Relation between Wind Power Output and Strategic Withholding through Production Failures: Evidence from Diversified Producers in Sweden

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :William Stålhök; Knut Örnéus; [2023]
    Nyckelord :Production Failures; Wind Power; Market Power; Strategic Withholding; Merit Order Effect;

    Sammanfattning : Previous research provide partial evidence for electricity producers utilizing production failures to disguise the strategic withholding of capacity as well as evidence of diversified electricity producers counteracting the price-reducing effect of the merit order through capacity withholding. In this study, we investigate whether an increased supply of wind power affects the number of reported unplanned production failures among diversified producers in Sweden, thus suggesting this being one of the specific mechanisms with which producers counteract the merit order effect. LÄS MER