La producción de energía eléctrica en España: Análisis económico de la actividad tras la liberalización del Sector Eléctrico
[Electricity output in Spain: Economic analysis of the activity after liberalization]
AbstractThis paper is about the Spanish Electricity Market after liberalisation. The analysis focuses on finding if the market has become as a Perfect Competition regimen or on the other side, he still continues as a regimen in wich a high output supply concentration and high power market appears, not allowing free-market prices as a consequence. In this sense, conclusions are based on Cournot-perfect competition analysis for three different electricity demand scenarios. Finally, Competence transitions costs are also especially important as responsible of voluntary actions of increasing prices by Electricity Companies with high market power.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18050.
Date of creation: Oct 2006
Date of revision:
Liberalization; electricity output; market power; Cournot; perfect competition; Competence Transition Costs;
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- D41 - Microeconomics - - Market Structure and Pricing - - - Perfect Competition
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
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