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Competition in Electricity Spot Markets: Economic Theory and International Experience

Author

Listed:
  • Nils-Henrik von der Fehr

    (University of Oslo)

  • David Harbord

    (Market Analysis Ltd)

Abstract

The main purpose of this survey paper is to consider the attempts that have been ,ade to apply economic theory snd empirical methods to the analysis of electricity markets, and to evaluate them in light of theoretical considerations and empirical evidence. We describe the key features of the markets in England and Wales, Norway and Australia in order to allow for a comparison of design issues and evaluation of competitive performance.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Nils-Henrik von der Fehr & David Harbord, 2002. "Competition in Electricity Spot Markets: Economic Theory and International Experience," Industrial Organization 0203006, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpio:0203006
    Note: Type of Document - pdf; prepared on PC - MS Word; pages: 58
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    auctions; electricity markets;

    JEL classification:

    • L - Industrial Organization

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