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 language | English |
|---|---|
| Pages (from-to) | 100-107 |
| Number of pages | 8 |
| Journal | Energy Economics |
| Volume | 39 |
| DOIs | |
| Publication status | Published - Sept-2013 |
Keywords
- Electricity market
- Competition
- Regulation
- Residual supply index
- POWER
- MODEL