Resumé
recent Danish electricity cases. They indicate that power generators hold temporally
transitory and irregularly intermittent dominant positions. Calculation of the Lerner
index reveals that they abused this position. The Danish Competition Authority
decided to settle this case by agreement for reasons explained. We finally indicate
how economics may be used pro-actively to achieve a better market design.
| Originalsprog | Engelsk |
|---|---|
| Udgivelses sted | København |
| Antal sider | 10 |
| Status | Udgivet - 2003 |
| Navn | LEFIC Working Paper |
|---|---|
| Nummer | 2003-02 |
Emneord
- x
Citer dette
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The Competition Law & Economics of Electricity Market Regulation. / Møllgaard, Peter; Kastberg Nielsen, Claus.
København, 2003.Publikation: Working paper › Forskning
TY - UNPB
T1 - The Competition Law & Economics of Electricity Market Regulation
AU - Møllgaard, Peter
AU - Kastberg Nielsen, Claus
PY - 2003
Y1 - 2003
N2 - Price correlations are used to delineate the geographic market in tworecent Danish electricity cases. They indicate that power generators hold temporallytransitory and irregularly intermittent dominant positions. Calculation of the Lernerindex reveals that they abused this position. The Danish Competition Authoritydecided to settle this case by agreement for reasons explained. We finally indicatehow economics may be used pro-actively to achieve a better market design.
AB - Price correlations are used to delineate the geographic market in tworecent Danish electricity cases. They indicate that power generators hold temporallytransitory and irregularly intermittent dominant positions. Calculation of the Lernerindex reveals that they abused this position. The Danish Competition Authoritydecided to settle this case by agreement for reasons explained. We finally indicatehow economics may be used pro-actively to achieve a better market design.
KW - x
M3 - Working paper
T3 - LEFIC Working Paper
BT - The Competition Law & Economics of Electricity Market Regulation
CY - København
ER -