Charges, Costs and Market Power: the Deregulated UK Electricity Retail Market
نویسندگان
چکیده
منابع مشابه
Assessment of Market Power in Deregulated Electricity Market with Congestion
Restructuring of electrical market worldwide has brought the issue of market competition to the forefront. This new perspective has given rise to competition with the goal of price fall and technological innovation in the sector. In the last few years a great deal of attention is given to the possibility of a group of producers (agents) exercising market power by means of congestion effects. Th...
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Deregulated wholesale markets for bulk electricity supplies are likely to deviate from the perfectly competitive ideal in many areas where transmission losses, costs and capacity constraints isolate customers from the effective reach of many generators and limit the number of competitors. In those regions where a few suppliers or marketing agents dominate the market, prices may rise wellabove t...
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To date, a number of electricity markets have deregulated, relying on market forces to set prices. The results thus far are mixed. Therefore, policy makers must rely on ex ante analyses of the market power potential for generation owners. Recently, policy makers in the Wisconsin and Upper Michigan (WUMS) electricity market have contemplated deregulation. In this paper, we examine the ability of...
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ژورنال
عنوان ژورنال: The Energy Journal
سال: 2004
ISSN: 0195-6574
DOI: 10.5547/issn0195-6574-ej-vol25-no3-2