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Spot Market Competition with Stranded Costs in the Spanish Electricity Industry

Author

Listed:
  • Antonio, J.
  • Martin, G.

Abstract

In this paper we have developed a model which analyzes price competition in the deregulated Spanish electricity market. This model is the first to take explicitly into account the mechanism designed in the recent Spanish Electricity Law for settling stranded costs payments.

Suggested Citation

  • Antonio, J. & Martin, G., 2001. "Spot Market Competition with Stranded Costs in the Spanish Electricity Industry," Papers 0106, Centro de Estudios Monetarios Y Financieros-.
  • Handle: RePEc:fth:cemfdt:0106
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    Cited by:

    1. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    2. Josep Pijoan-Mas, 2006. "Precautionary Savings or Working Longer Hours?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(2), pages 326-352, April.
    3. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.

    More about this item

    Keywords

    OLIGOPOLIES ; ECONOMIC MODELS ; ELECTRICITY;

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • K20 - Law and Economics - - Regulation and Business Law - - - General

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