What’s Happening to the European Electricity Market?
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What’s Happening to the European Electricity Market?Date
2012Citation
Isabel Soares Et Al (2012). What’s Happening to the European Electricity Market?, European Research Studies Journal Volume XV Issue 4, 145-156
Abstract
[Abstract] This paper deals with market power and information issues in the ongoing process of the European Electricity Market. We present a regulatory game played among the key group of utilities, the customers and the regulatory authority. The development of the game allows us to state for a clear commitment to entry freedom reducing the informational strategic advantage of incumbents. As the assumption of such a commitment involves another game, we develop it and we conclude that the liberalisation of entry is also a key factor for credibility and effectiveness of flexible regulation and tariffs reduction as well.
Keywords
Competition
Regulation games
Electricity market
Regulation games
Electricity market
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Rights
Attribution 4.0 International (CC BY 4.0)
ISSN
1108-2976