IDEAS home Printed from https://ideas.repec.org/p/spo/wpmain/infohdl2441-7069.html
   My bibliography  Save this paper

Does vertical integration have an effect on load factors ? – A test on coal-fired plants in England & Wales

Author

Listed:
  • José A. López

    (Servicio de Radiodiagnostico Preteimagen)

  • Evens Salies

    (Observatoire français des conjonctures économiques)

Abstract

Today in the British electricity industry, most electricity suppliers hedge a large proportion of their residential customer base requirements by owning their own plant. The non-storability of electricity and the corresponding need for an instantaneous matching of generation and consumption creates a business need for integration. From a sample of half-hour data on load factor for coal-fired power plants in England and Wales, this paper tests the hypothesis that vertical integration with retail businesses affects the extent to which producers utilize their capacity. We also pay attention to this potential effect during periods of peak demand.

Suggested Citation

  • José A. López & Evens Salies, 2006. "Does vertical integration have an effect on load factors ? – A test on coal-fired plants in England & Wales," Sciences Po publications 2006-3, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/7069
    as

    Download full text from publisher

    File URL: http://spire.sciencespo.fr/hdl:/2441/7069/resources/wp2006-03.pdf
    Download Restriction: no

    More about this item

    Keywords

    panel data; vertical integration; electricity supply;

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spo:wpmain:info:hdl:2441/7069. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Spire @ Sciences Po Library). General contact details of provider: http://edirc.repec.org/data/ecspofr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.