EconPapers    
Economics at your fingertips  
 

Industrial electricity prices in the European Union following restructuring: A comparative panel-data analysis

Belén del-Río, Ana Fernandez-Sainz () and Itziar Martinez de Alegria

Utilities Policy, 2019, vol. 60, issue C, -

Abstract: This paper analyses the impact of regulatory reform on industrial electricity prices, and the differential between industrial to household prices, for the period 2003 to 2013 in 15 European Union countries. A static econometric panel-data model is applied, supplemented by a dynamic model, which includes the possible effect of endogeneity. Our main conclusion is that electricity market reform has not resulted in a reduction in prices for industrial users. Moreover, the findings suggest that industrial consumers have largely borne the costs derived from the reform process. Among the variables considered, only third-party access appears to be related to lower industrial prices and a lower price differential.

Keywords: Electricity prices; Electricity market reform; European Union; Panel data model (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0957178716303162
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:60:y:2019:i:c:1

DOI: 10.1016/j.jup.2019.100956

Access Statistics for this article

Utilities Policy is currently edited by D. Smith

More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Haili He ().

 
Page updated 2020-05-10
Handle: RePEc:eee:juipol:v:60:y:2019:i:c:1