Managing Unilateral Market Power in Electricity

Managing Unilateral Market Power in Electricity

This paper first describes those features of the electricity supply industry that make a prospective market monitoring process essential to a well-functioning wholesale market. Some of these features are shared with the securities industry, although the technology of electricity production and deliv...

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Bibliographic Details
Main Author: Wolak, Frank A.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ADVERSE CONSEQUENCES
ANCILLARY SERVICES
ANTITRUST LAW
ASYMMETRIC INFORMATION
BANKRUPTCY
BARRIERS TO ENTRY
BENCHMARK
BIDDING
COMMERCE
COMPETITION LAW
COMPETITION POLICY
COMPETITIVE MARKETS
COMPETITIVENESS
CONSUMERS
DEMAND CURVES
DEMAND FOR ELECTRICITY
DISTRIBUTION SERVICES
ECONOMIC THEORY
ELECTRICITY INDUSTRY
ELECTRICITY MARKET
ELECTRICITY PRICES
ELECTRICITY PRODUCTION
EMPIRICAL EVIDENCE
ENERGY MARKETS
ENERGY NEED
ENERGY PURCHASES
EXTERNAL COSTS
FINANCIAL MARKETS
FINANCIAL VIABILITY
GENERATION CAPACITY
LATIN AMERICAN
MARKET DESIGN
MARKET MANAGEMENT
MARKET OPERATOR
MARKET PARTICIPANT
MARKET PARTICIPANTS
MARKET POWER
MARKET PRICES
MARKET STRUCTURE
PRICE CAPS
PRICE RISK
PRICE SET
PRODUCT MARKETS
REGULATORY POLICY
RETAIL
SECURITIES
SERVICES MARKETS
SPOT MARKET
SPOT MARKETS
SPOT PRICE
SPOT PRICES
SUPPLIERS
TACIT COLLUSION
TRANSMISSION CAPACITY
TRANSMISSION LINES
TRANSMISSION NETWORK
VOLATILITY
WEALTH
WHOLESALE PRICES
Online Access:http://documents.worldbank.org/curated/en/2005/09/6246687/managing-unilateral-market-power-electricity
http://hdl.handle.net/10986/8600

Internet

http://documents.worldbank.org/curated/en/2005/09/6246687/managing-unilateral-market-power-electricity
http://hdl.handle.net/10986/8600

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