Concentration in the European electricity industry: The internal market as solution?

被引：40
|
作者：
Domanico, Fablo [1 ]
机构：
[1] Luiss Guido Carli Univ, Dept Econ, I-00162 Rome, Italy
来源：
ENERGY POLICY | 2007年 / 35卷 / 10期
关键词：
concentration; multimarket contact theory; interconnection investments;
D O I：
10.1016/j.enpol.2007.04.014
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article offers an analysis of the present competitive and regulatory framework of the European electricity sector and the results achieved with the liberalisation process. Considering the reactions of incumbents to the liberalisation, the focus in this work is mainly on the problem of market concentration in the sector. The new trends toward the creation of "national champions" as well as recent mergers between gas suppliers and electricity producers raise serious concerns about abuses of market power and risk of future collusion. In particular, the strategic linkage of existing markets and the expansion into new ones are analyzed in the light of the multimarket contact theory. Considering investment in interconnection among Member States, the internal market issue is investigated as a solution to the "risks" coming from liberalisation. (C) 2007 Elsevier Ltd. All rights reserved.
引用
收藏
页码：5064 / 5076
页数：13
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