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Predicting collusive patterns in a liberalized electricity market with mandatory auctions of forward contracts

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  • Palacio, Sebastián M.

Abstract

In this paper, the main objective is to analyze the effect of the introduction of regulated long-term tariffs in liberalized electricity generation markets, which are supposed to guarantee reasonable and predictable prices to consumers. Several authors have argued that the introduction of this kind of regulation increases competition and leads to offer prices closer to marginal costs.

Suggested Citation

  • Palacio, Sebastián M., 2020. "Predicting collusive patterns in a liberalized electricity market with mandatory auctions of forward contracts," Energy Policy, Elsevier, vol. 139(C).
  • Handle: RePEc:eee:enepol:v:139:y:2020:i:c:s0301421520300690
    DOI: 10.1016/j.enpol.2020.111311
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