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The Iberian Exception: what was the cost of distorting electricity markets during the 2021-23 European energy crisis?

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  • Hei Kan Lou
  • Michael G Pollitt
  • David Robinson
  • Angel Vargas Arcos

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Suggested Citation

  • Hei Kan Lou & Michael G Pollitt & David Robinson & Angel Vargas Arcos, 2025. "The Iberian Exception: what was the cost of distorting electricity markets during the 2021-23 European energy crisis?," Working Papers EPRG2513, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    • Handle: RePEc:enp:wpaper:eprg2513
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    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2025/06/eprg-wp2513.pdf
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    References listed on IDEAS

    as
    1. Michael G. Pollitt, 2019. "The European Single Market in Electricity: An Economic Assessment," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(1), pages 63-87, August.
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    More about this item

    Keywords

    Iberian Exception; energy crisis; gas price cap; electricity market;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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