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The Spanish Electricity Industry: Plus ça change..

Author

Listed:
  • Claude Crampes
  • Natalia Fabra

Abstract

In this paper we describe the Spanish electricity industry and its current regulatory regime. Special emphasis is given to the description and discussion of market design issues (including stranded cost recovery), the evolution of market structure, investment in generation capacity and network activities. We also provide a critical assessment of the 1997 regulatory reform, which did not succeed in introducing effective competition, but retained an opaque regulation which has been subject to continuous governmental interventionism. Furthermore, the implementation of the Kyoto agreement could show the lack of robustness of the regulatory regime.

Suggested Citation

  • Claude Crampes & Natalia Fabra, 2005. "The Spanish Electricity Industry: Plus ça change..," The Energy Journal, , vol. 26(1_suppl), pages 127-153, June.
    • Handle: RePEc:sae:enejou:v:26:y:2005:i:1_suppl:p:127-153
    DOI: 10.5547/ISSN0195-6574-EJ-Vol26-NoSI-6
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    Cited by:

    1. Kamath, Ram Mohan Sasikumar, 2024. "A complex adaptive system perspective of the green-restructuring of clusters," Studies on the Agricultural and Food Sector in Transition Economies 356433, Institute of Agricultural Development in Transition Economies (IAMO).
    2. Kamath, Ram Mohan Sasikumar, 2024. "A complex adaptive system perspective of the green-restructuring of clusters," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 102, number 307589.
    3. Vítor Marques & Isabel Soares & Adelino Fortunato, 2008. "Uniform Price Market and Behaviour Pattern: What Does the Iberian Electricity Market Point Out?," GEMF Working Papers 2008-08, GEMF, Faculty of Economics, University of Coimbra.

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    JEL classification:

    • F0 - International Economics - - General

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