Picture of wind turbine against blue sky

Open Access research with a real impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs.

The Energy Systems Research Unit (ESRU) within Strathclyde's Department of Mechanical and Aerospace Engineering is producing Open Access research that can help society deploy and optimise renewable energy systems, such as wind turbine technology.

Explore wind turbine research in Strathprints

Explore all of Strathclyde's Open Access research content

An application of HHI to study electricity market design issues

Chandarasupsang, T. and Siewierski, T. and Galloway, S.J. and Burt, G.M. and McDonald, J.R. (2006) An application of HHI to study electricity market design issues. International Journal of Emerging Electric Power Systems, 6 (2). ISSN 1553-779X

Full text not available in this repository. (Request a copy from the Strathclyde author)

Abstract

This paper presents a study of market design issues for the future Electricity Supply Industry of countries in transition from monopolistic to more competitive structures. An approach is developed to apply a standard measurement of market concentration, such as Herfindahl Hirschman Index (HHI) within the market design context. Typically, HHI is used to study market power issues in established electricity markets. The approach presented in this paper indicates that HHI can also be used as a primary method to study market design ahead of implementation. A dynamic simulation of the Thai market is used to confirm the applicability of the approach presented in this paper.