Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.
Design, development and implementation of joint purchasing options under EU energy platform – Final re port
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A model-based analysis of the AggregateEU mechanism: Implications of overbidding and non-commitment
Overbidding in the non-binding AggregateEU mechanism has ambiguous effects on realized gas trade and can produce highly inefficient outcomes when combined with miscoordination over delivery points.