世界电力交易所的电力交易：印度电力交易所的背景分析

IF 1.7 Q3 MANAGEMENT

IIMB Management Review Pub Date : 2024-12-01 DOI:10.1016/j.iimb.2024.10.002

Rajesh Gupta, Atulan Guha

{"title":"世界电力交易所的电力交易：印度电力交易所的背景分析","authors":"Rajesh Gupta, Atulan Guha","doi":"10.1016/j.iimb.2024.10.002","DOIUrl":null,"url":null,"abstract":"<div><div>This study probes the relationship between price and traded volume in electricity exchanges worldwide. Deploying the generalised method of moments estimation on panel data from the day-ahead market of exchanges in 20 countries for the period 2015–2020, this study finds that an increase in the share of exchange-traded electricity in a country's total electricity consumption significantly reduces the price. A critical analysis of the Indian electricity exchanges in this study reveals that even after 13 years of operations, consumers do not derive surplus which is expected from commodity exchanges.</div></div>","PeriodicalId":46337,"journal":{"name":"IIMB Management Review","volume":"36 4","pages":"Pages 340-352"},"PeriodicalIF":1.7000,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Electricity trade at exchanges of the world: Contextual analysis of Indian electricity exchanges\",\"authors\":\"Rajesh Gupta, Atulan Guha\",\"doi\":\"10.1016/j.iimb.2024.10.002\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study probes the relationship between price and traded volume in electricity exchanges worldwide. Deploying the generalised method of moments estimation on panel data from the day-ahead market of exchanges in 20 countries for the period 2015–2020, this study finds that an increase in the share of exchange-traded electricity in a country's total electricity consumption significantly reduces the price. A critical analysis of the Indian electricity exchanges in this study reveals that even after 13 years of operations, consumers do not derive surplus which is expected from commodity exchanges.</div></div>\",\"PeriodicalId\":46337,\"journal\":{\"name\":\"IIMB Management Review\",\"volume\":\"36 4\",\"pages\":\"Pages 340-352\"},\"PeriodicalIF\":1.7000,\"publicationDate\":\"2024-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"IIMB Management Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0970389624001381\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"IIMB Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0970389624001381","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}

引用次数: 0

摘要

本研究探讨全球电力交易所价格与交易量的关系。本研究利用2015-2020年期间20个国家交易所日前市场面板数据的广义矩估计方法，发现交易所交易电力在一个国家总用电量中所占份额的增加显著降低了价格。本研究中对印度电力交易所的批判性分析表明，即使经过13年的运营，消费者也没有从商品交易所获得预期的盈余。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Electricity trade at exchanges of the world: Contextual analysis of Indian electricity exchanges

This study probes the relationship between price and traded volume in electricity exchanges worldwide. Deploying the generalised method of moments estimation on panel data from the day-ahead market of exchanges in 20 countries for the period 2015–2020, this study finds that an increase in the share of exchange-traded electricity in a country's total electricity consumption significantly reduces the price. A critical analysis of the Indian electricity exchanges in this study reveals that even after 13 years of operations, consumers do not derive surplus which is expected from commodity exchanges.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

IIMB Management Review MANAGEMENT-

CiteScore

3.20

自引率

5.90%

发文量

审稿时长

68 days

期刊介绍： IIMB Management Review (IMR) is a quarterly journal brought out by the Indian Institute of Management Bangalore. Addressed to management practitioners, researchers and academics, IMR aims to engage rigorously with practices, concepts and ideas in the field of management, with an emphasis on providing managerial insights, in a reader friendly format. To this end IMR invites manuscripts that provide novel managerial insights in any of the core business functions. The manuscript should be rigorous, that is, the findings should be supported by either empirical data or a well-justified theoretical model, and well written. While these two requirements are necessary for acceptance, they do not guarantee acceptance. The sole criterion for publication is contribution to the extant management literature.Although all manuscripts are welcome, our special emphasis is on papers that focus on emerging economies throughout the world. Such papers may either improve our understanding of markets in such economies through novel analyses or build models by taking into account the special characteristics of such economies to provide guidance to managers.