A fresh look on verti-zontally differentiated peer-to-peer electricity trading platforms with and without service customization

dc.contributor.authorRibeiro, Vitor Miguel
dc.contributor.authorSoutinho, Gustavo
dc.contributor.authorSoares, Isabel
dc.date.accessioned2025-01-29T11:58:08Z
dc.date.available2025-01-29T11:58:08Z
dc.date.issued2024-12-01
dc.description.abstractWe analyze a two-sided market where two platforms compete in electricity intraday trading. These intermediaries are differentiated both vertically and horizontally and engage in price competition to attract agents from both sides of the market, buyers and sellers. Alongside accounting for quality disparities at the intermediary level, we consider the possibility that platforms may choose to customize electricity intraday trading services. Main results demonstrate that equilibrium outcomes depend on the interaction between the strength of indirect network externalities and the degree of quality differentiation between platforms when service customization is absent. Notably, regardless of whether horizontal or vertical dominance prevails, the intensity of indirect network externalities consistently fosters pro-competitive effects in the private equilibrium. Conversely, when platforms opt for service customization, indirect network externalities do not influence equilibrium access prices and profits if the quality discrepancy between platforms is sufficiently high. This suggests that pro-competitive effects vanish under this specific circumstance. Consequently, this research emphasizes the critical role of service customization in peer-to-peer electricity intraday trading systems. If overlooked by regulators, the surplus enjoyed by incumbent operators at the distribution level, typically attributed to natural monopolies, may be transferred to high-quality platforms that customize services.
dc.identifier.citationRibeiro, V. M., Soutinho, G., & Soares, I. (2024). A fresh look on verti-zontally differentiated peer-to-peer electricity trading platforms with and without service customization. In Paula Ferreira, A. Dall'Orsoletta, M. Jório, A. L. Santos (Eds.), Proceedings of the 6th International Conference on Energy & Environment: bringing together Engineering and Economics, (pp. 422-428). University of Minho. Escola de Engenharia-Centro ALGORITMI. Repositório Institucional UPT. https://hdl.handle.net/11328/6072
dc.identifier.isbn978-989-35653-1-5
dc.identifier.issn2183-3982
dc.identifier.urihttps://hdl.handle.net/11328/6072
dc.language.isoeng
dc.publisherUniversity of Minho. Escola de Engenharia-Centro ALGORITMI
dc.relationUIDB/00319/2020
dc.relationUIDB/04105/2020
dc.relationUIDP/04105/2020
dc.rightsrestricted access
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectElectricity Intraday Trading
dc.subjectTwo-sided Markets
dc.subjectService Customization
dc.subject.fosCiências Naturais - Ciências da Computação e da Informação
dc.titleA fresh look on verti-zontally differentiated peer-to-peer electricity trading platforms with and without service customization
dc.typeconference paper
dspace.entity.typePublication
oaire.citation.endPage428
oaire.citation.startPage422
oaire.citation.titleProceedings of the 6th International Conference on Energy & Environment: bringing together Engineering and Economics
person.affiliation.nameDCT - Departamento de Ciência e Tecnologia
person.familyNameSoutinho
person.givenNameGustavo
person.identifier.ciencia-id0918-604C-2C04
person.identifier.orcid0000-0002-0559-1327
person.identifier.ridGSE-1063-2022
person.identifier.scopus-author-id57195326662
relation.isAuthorOfPublication6b00013b-9493-4621-b710-79beb48b65a4
relation.isAuthorOfPublication.latestForDiscovery6b00013b-9493-4621-b710-79beb48b65a4

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