Deregulated Electricity Market and Auctions: the Italian case

Luca Grilli

Quaderni DSEMS from Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia

Abstract: The Electricity Market (in Europe) undergoes a period of transformations never seen before. The competi-tive model suggested by the European Commission is based on a gradual increase in the classes of consum-ers able to choice, freely, their providers. In general, liberalization, deregulation, competition result in a spur to development and low prices for consumers. The Electricity Market isn’t likely to follow such a rule. Electricity Markets are best described and analyzed as first-price multi-unit procurement iterated auctions. In this paper we present an analysis of the Italian case in order to show the effects of deregulation on final prices for users.

Keywords: Electricity market; auctions; oligopoly; deregulation. (search for similar items in EconPapers)
Date: 2010-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Forthcoming in iBusiness

Downloads: (external link)
http://dx.doi.org/10.4236/ib.2010.23030

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:ufg:qdsems:lg_ib_2010

Access Statistics for this paper

More papers in Quaderni DSEMS from Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia Largo Papa Giovanni Paolo II, 1 -71100- Foggia (I). Contact information at EDIRC.
Bibliographic data for series maintained by Luca Grilli ().