Title:Predicting Market Power in Wholesale Electricity Markets
Author(s):NEWBERY, DavidDate:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The traditional measure of market power is the HHI, which gives implausible results given the low elasticity of demand in electricity spot markets, unless it is adapted to take account of contracting. In its place the ...
Title:Where the Champsaur Commission Has Got it Wrong
Author(s):CRAMPES, Claude; GLACHANT, Jean-Michel; VON HIRSCHHAUSEN, Christian; LÉVÊQUE, François; NEWBERY, David; PÉREZ-ARRIAGA, Ignacio; RANCI, Pippo; STOFT, Steven; WILLEMS, BertDate:2009Type of Publication:ArticleAbstract:One fairly unique feature of France is that it hosts a large ?eet of nuclear reactors. It is owned by the incumbent, EdF, and provides this 85-percent state-owned enterprise with an economic advantage to compete on price. ...
Title:What are the Issues in M&A arising from Electricity Market Restructuring?
Author(s):NEWBERY, DavidDate:2007Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The energy merger was precipitated by energy market liberalisation that was often accompanied by
restructuring and privatisation putting companies into play and creating new market risks that could be
internalised by ...
