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Liberalization and customer behavior in the Portuguese residential retail electricity market

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  • Fotouhi Ghazvini, Mohammad Ali
  • Ramos, Sergio
  • Soares, João
  • Castro, Rui
  • Vale, Zita

Abstract

The final step that Portugal is taking to reach a fully liberalized electricity market is the deregulation of the retail market by phasing-out regulated electricity prices and reducing the administrative burdens in this area. These attempts are done to promote the entrance of companies into the retailing business and to actively engage the end-users in the market. This analysis shows that despite high consumer switching rates during the 2013–2015 period, the retail market in Portugal is still highly concentrated. The retail rates are also not following the changes in the wholesale market price.

Suggested Citation

  • Fotouhi Ghazvini, Mohammad Ali & Ramos, Sergio & Soares, João & Castro, Rui & Vale, Zita, 2019. "Liberalization and customer behavior in the Portuguese residential retail electricity market," Utilities Policy, Elsevier, vol. 59(C), pages 1-1.
    • Handle: RePEc:eee:juipol:v:59:y:2019:i:c:7
    DOI: 10.1016/j.jup.2019.05.005
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    6. Hampton, Harrison & Foley, Aoife, 2022. "A review of current analytical methods, modelling tools and development frameworks applicable for future retail electricity market design," Energy, Elsevier, vol. 260(C).
    7. Juan C. Percino-Picazo & Armando R. Llamas-Terres & Federico A. Viramontes-Brown, 2021. "Analysis of Restructuring the Mexican Electricity Sector to Operate in a Wholesale Energy Market," Energies, MDPI, vol. 14(11), pages 1-26, June.
    8. Dimitrios Drosos & Grigorios L. Kyriakopoulos & Garyfallos Arabatzis & Nikolaos Tsotsolas, 2020. "Evaluating Customer Satisfaction in Energy Markets Using a Multicriteria Method: The Case of Electricity Market in Greece," Sustainability, MDPI, vol. 12(9), pages 1-19, May.
    9. Humberto Verdejo Fredes & Benjamin Acosta & Mauricio Olivares & Fernando García-Muñoz & Francisco Tobar & Vannia Toro & Cesar Smith & Cristhian Becker, 2021. "Impact of Energy Price Stabilization Mechanism on Regulated Clients’ Tariffs: The Case of Chile," Sustainability, MDPI, vol. 13(21), pages 1-20, October.
    10. Amenta, Carlo & Aronica, Martina & Stagnaro, Carlo, 2022. "Is more competition better? Retail electricity prices and switching rates in the European Union," Utilities Policy, Elsevier, vol. 78(C).
    11. Massimo Dragotto & Marco Magnani & Paola Valbonesi, 2021. "Consumer inertia and firm incumbency in liberalised retail electricity markets: an empirical investigation," "Marco Fanno" Working Papers 0277, Dipartimento di Scienze Economiche "Marco Fanno".
    12. Hou, Zheng & Roseta-Palma, Catarina & Ramalho, Joaquim J.S., 2024. "Can operational efficiency in the Portuguese electricity sector be improved? Yes, but..," Energy Policy, Elsevier, vol. 190(C).
    13. Hassan Ali & Han Phoumin & Beni Suryadi & Aitazaz A. Farooque & Raziq Yaqub, 2022. "Assessing ASEAN’s Liberalized Electricity Markets: The Case of Singapore and the Philippines," Sustainability, MDPI, vol. 14(18), pages 1-24, September.
    14. Xinyi Xie & Liming Ying & Xue Cui, 2022. "Price Strategy Analysis of Electricity Retailers Based on Evolutionary Game on Complex Networks," Sustainability, MDPI, vol. 14(15), pages 1-17, August.
    15. Nogata, Daisuke, 2022. "Determinants of household switching between natural gas suppliers: Evidence from Japan," Utilities Policy, Elsevier, vol. 76(C).
    16. Yash Chawla & Anna Kowalska-Pyzalska & Paulo Duarte Silveira, 2019. "Marketing and communications channels for diffusion of smart meters in Portugal," HSC Research Reports HSC/19/05, Hugo Steinhaus Center, Wroclaw University of Science and Technology.
    17. Thomasi, Virginia & Siluk, Julio Cezar M. & Rigo, Paula D. & Pappis, Cesar Augusto de O., 2024. "Challenges, improvements, and opportunities market with the liberalization of the residential electricity market," Energy Policy, Elsevier, vol. 192(C).

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