Benchmarking Electricity Liberalisation in Europe’Benchmarking Electricity Liberalisation in Europe

Richard John Green (), Arturo Lorenzoni, Yannick Perez () and Michael Gerald Pollitt ()

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: In this paper, we discuss the choice and use of benchmarks in each of five areas relevant to an assessment of the progress of EU electricity sector liberalisation. These areas are market design, market power, EU enlargement, regulation, and sustainability. Our aim is to discuss the most important benchmarks for each area, and to do so in the context of that area. Where a benchmark can be used as a signal that things are going well (or badly) we will discuss the values associated with a good (or bad) signal. This paper forms part of the final report of the EU funded Sustainable Energy Specific Support Assessment project (SESSA, see www.sessa.eu.com).

Keywords: electricity reform; market design; market power; regulation; EU enlargement; environmental sustainability (search for similar items in EconPapers)
JEL-codes: L11 L50 L94 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-eec and nep-ene
Date: 2006-03
Note: IO
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Persistent link: http://EconPapers.repec.org/RePEc:cam:camdae:0629

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