EconPapers    
Economics at your fingertips  
 

Screening for collusion in wholesale electricity markets: A literature review

David Brown, Andrew Eckert and Douglas Silveira

Utilities Policy, 2023, vol. 85, issue C

Abstract: Wholesale electricity markets have several features that increase the likelihood of collusion, including frequent interaction, multimarket contact, and a high degree of information transparency. As a result, screening techniques for detecting collusive agreements are desired. This study surveys the literature on screens for collusion and collusion in electricity markets. We discuss key features of non-competitive behaviour to be reflected in screens and suggest directions for improved screening in this industry. In particular, due to recent improvements in these methods, there is considerable potential to include machine learning and data mining techniques in screens in the electricity sector.

Keywords: Screening methods; Collusion; Electricity markets (search for similar items in EconPapers)
JEL-codes: L13 L40 L94 Q40 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0957178723001832
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:85:y:2023:i:c:s0957178723001832

DOI: 10.1016/j.jup.2023.101671

Access Statistics for this article

Utilities Policy is currently edited by Beecher, Janice

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

 
Page updated 2025-01-09
Handle: RePEc:eee:juipol:v:85:y:2023:i:c:s0957178723001832