The Competition Law & Economics of Electricity Market Regulation

Peter Møllgaard, Claus Kastberg Nielsen

Research output: Working paperResearch

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Abstract

Price correlations are used to delineate the geographic market in two 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.
Original languageEnglish
Place of PublicationFrederiksberg
PublisherCopenhagen Business School, CBS
Number of pages10
Publication statusPublished - 2003
SeriesWorking Paper / Department of Economics. Copenhagen Business School
Number6-2003

Cite this

Møllgaard, P., & Kastberg Nielsen, C. (2003). The Competition Law & Economics of Electricity Market Regulation. Copenhagen Business School, CBS. Working Paper / Department of Economics. Copenhagen Business School, No. 6-2003