Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/100064
Autoren: 
Bataille, Marc
Steinmetz, Alexander
Thorwarth, Susanne
Datum: 
2014
Reihe/Nr.: 
ZEW Discussion Papers 14-048
Zusammenfassung: 
While liberalization in energy markets has been a widely successful process all over the world, incumbents often still hold a dominant position. Thus, electricity wholesale markets are subject to market surveillance. Nevertheless, consolidated findings on abusive practices of market power and their cause and effect in wholesale electricity markets are scarce and non-controversial market monitoring practices fail to exist. Our application of the established measure of market concentration RSI shows that it serves as a decent indicator for the rents that can be gained in the market but also reveals considerable weaknesses of the RSI. Therefore, we propose and apply the "Return on Withholding Capacity Index" (RWC) representing a measure of the firms' incentive of withholding capacity as a complementary index to the RSI.
Schlagwörter: 
Market Power
Electric Power Markets
Measurement
JEL: 
L11
L43
L94
K23
C13
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
3.84 MB





Publikationen in EconStor sind urheberrechtlich geschützt.