Decomposing changes in competition in the Dutch electricity market through the residual supply index

Machiel Mulder*, Lambert Schoonbeek

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

11 Citations (Scopus)

Abstract

We propose to assess the influence of a number of events on the degree of competition in the Dutch electricity wholesale market over the period 2006-2011 through a decomposition method based on the residual supply index. We distinguish regulatory market-integration events, firm-level events and changes in the level of residual demand. We conclude that market-integration measures to improve competition have been effective, but that changes in residual demand appear to have been equally important. Firm-level events have only had a minor impact on the intensity of competition. (c) 2013 Elsevier B.V. All rights reserved.

Original languageEnglish
Pages (from-to)100-107
Number of pages8
JournalEnergy Economics
Volume39
DOIs
Publication statusPublished - Sep-2013

Keywords

  • Electricity market
  • Competition
  • Regulation
  • Residual supply index
  • POWER
  • MODEL

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