Network-constrained Cournot models of liberalized electricity markets: the devil is in the details

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Impacts of the German Support for Renewable Energy on Electricity Prices, Emissions, and Firms (2009, background): “In a model Comparison study, Neuhoff et. al (2005) show the variety of outcomes that Cournot models of electricity generation and transmission can yield if transmission is itself subject to market power.”
The benefits of integrating European electricity markets (2016, background): “6 representation, particularly in the presence of market power (Neuhoff et al. 2005). The second runs into the usual problems that other factors (e.g. fuel prices) also change over the period studied and general equilibrium/network effects are ignored. The first of these objections is partially alla”
The Impact of the EU ETS on Prices, Profits and Emissions in the Power Sector: Simulation Results with the COMPETES EU20 Model (2010, methodology): “COMPETES has been used to analyse issues such as effects of proposed mergers among power companies (Scheepers et al. 2003), market coupling (Hobbs et al. 2005), market power, trade and droughts ( Lise et al. 2008 ), and future power exchanges in Europe (Ozdemir et al. 2008), as well as the subject o”