 Liberalised Electricity Markets - Strengths and Weaknesses in Finland and NordpoolHeikki Kemppi and Adriaan Perrels No 97, Research Reports from VATT Institute for Economic Research Abstract: This report gives an overview of the implications of electricity market liberalisation, with special reference to the Nordic market and Finland. The principal focus is on the functioning of the wholesale (generation) and retail (endusers) markets. Furthermore, the handling of risks and the interaction with various environmental policies receive special attention. Essentially the Nordic and Finnish electricity markets have been functioning reasonably well. Yet, under the pressure of the tight market in the winter of 2002, various shortcomings became more obvious. The re-attachment of the wholesale and retail market, inter alia through the (re)introduction of DSM, should be a prime concern. Other points of attention are - among others - the surveillance of the monopolistic services in the market and tendencies for vertical integration. Keywords: Liberalisation; electricity market; Nordic; regulation; Energy; Energia; Environment; Ympäristö; International comparisons; Kansainväliset vertailut; Labor market and policies promoting economic growth; Työmarkkinat ja kasvua tukeva politiikka; F000 - International Economics: General; Q400 - Energy: General; Q500 - Environmental Economics: General (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:fer:resrep:97 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Research Reports from VATT Institute for Economic Research Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.