Resource title

The competition law & economics of electricity market regulation

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Resource description

Abstract: Price correlations are used to delineate the geographic market in tworecent Danish electricity cases. They indicate that power generators hold temporallytransitory and irregularly intermittent dominant positions. Calculation of the Lernerindex reveals that they abused this position. The Danish Competition Authoritydecided to settle this case by agreement for reasons explained. We finally indicatehow economics may be used pro-actively to achieve a better market design.

Resource author

Peter Møllgaard

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Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/6801

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