Analysis of electricity industry liberalization in Great Britain: How did the bidding behavior of electricity producers change?

Sherzod Tashpulatov ()

Utilities Policy, 2015, vol. 36, issue C, 24-34

Abstract: Promoting competition among electricity producers is crucial for ensuring allocative efficiency and lower electricity prices. This paper empirically examines the wholesale electricity market of England and Wales in order to analyze to what extent regulatory reforms were successful at promoting competition among electricity producers.

Keywords: Liberalization; Electricity markets; Uniform price auction; Market power; Regulation (search for similar items in EconPapers)
JEL-codes: D21 D44 L90 L94 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Working Paper: Analysis of Electricity Industry Liberalization in Great Britain: How Did the Bidding Behavior of Electricity Producers Change? (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:36:y:2015:i:c:p:24-34

DOI: 10.1016/j.jup.2015.07.004

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