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Competition and Prices on the Emerging Nordic Electricity Market

Author

Listed:
  • Amundsen, E.S.
  • Bergman, L.
  • Andersson, B.

Abstract

The purpose of this paper is to quantitatively evaluate the impact on electricity prices of deregulation and free trade in the Nordic countries. The analysis is focused on the impact of increased competition on market power and the degree of monopolistic pricing. The major tool for our analysis of electricity trade and prices is a numericla multicountry electricity market model in which losses and bottlenecks in the transmission system are taken into account.

Suggested Citation

  • Amundsen, E.S. & Bergman, L. & Andersson, B., 1998. "Competition and Prices on the Emerging Nordic Electricity Market," Norway; Department of Economics, University of Bergen 0298, Department of Economics, University of Bergen.
    • Handle: RePEc:fth:bereco:0298
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    Citations

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    Cited by:

    1. Hooper, Elizabeth & Medvedev, Andrei, 2009. "Electrifying integration: Electricity production and the South East Europe regional energy market," Utilities Policy, Elsevier, vol. 17(1), pages 24-33, March.
    2. Kopsakangas-Savolainen, Maria, 2004. "The welfare effects of different pricing schemes for electricity distribution in Finland," Energy Policy, Elsevier, vol. 32(12), pages 1429-1435, August.
    3. Nepal, Rabindra & Jamasb, Tooraj, 2012. "Interconnections and market integration in the Irish Single Electricity Market," Energy Policy, Elsevier, vol. 51(C), pages 425-434.
    4. Hjalmarsson, Erik, 2000. "Nord Pool: A Power Market Without Market Power," Working Papers in Economics 28, University of Gothenburg, Department of Economics.
    5. Lundgren, Jens & Hellström, Jörgen & Rudholm, Niklas, 2008. "Multinational Electricity Market Integration and Electricity Price Dynamics," HUI Working Papers 16, HUI Research.

    More about this item

    Keywords

    PRICES ; ELECTRICITY ; COMPETITION;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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