Why has the Nordic electricity market worked so well?

被引：61

作者：

Amundsen, Eirik S. ^{[1
,2
]}

Bergman, Lars ^{[3
]}

机构：

[1] Economics Department, University of Bergen

[2] Institute of Food and Resource Economics, The Royal Veterinary and Agricultural University, Copenhagen

[3] Stockholm School of Economics, SE-113 83 Stockholm

来源：

Utilities Policy | 2006年 / 14卷 / 03期

关键词：

California electricity market; Market power; Nordic electricity market; Supply shock;

D O I：

10.1016/j.jup.2006.01.001

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

The purpose of this paper is to explore why the Nordic electricity market has worked quite well and to consider to what extent the Nordic experiences are relevant for other countries. In particular, we investigate causes as to why the Nordic market managed to withstand the supply shock in 2002-2003. A comparison is made with the California case, and the potential problem of market power abuse is investigated in particular. The relatively successful electricity market reform in the Nordic countries seems to be attributable to the followings: a simple but sound market design, a successful dilution of market power, a strong political support for deregulation and voluntary, informal commitment to public service by the power industry. © 2006 Elsevier Ltd. All rights reserved.

引用

页码：148 / 157

页数：9

共 15 条

[1]

Allaz B., Vila J.-L., Cournot competition, forward markets and efficiency, Journal of Economic Theory, 59, pp. 1-16, (1993)

[2]

Amundsen E.S., Bergman L., Will cross-ownership re-establish market power on the Nordic power market?, The Energy Journal, 23, pp. 73-95, (2002)

[3]

Bergman L., Brunekreeft G., Doyle C., von der Fehr N.-H.M., Newbery D.M., Pollitt M., Regibeau P., A European market for electricity, Monitoring European Deregulation 2, (1999)

[4]

Bergman L., The Nordic electricity market - continued success or emerging problems?, The Swedish Economic Policy Review, 9, pp. 11-38, (2002)

[5]

Borenstein S., Bushnell J., Wolak F.A., Measuring market inefficiencies in California's restructured wholesale electricity market, American Economic Review, 92, 5, pp. 1376-1405, (2002)

[6]

Bushnell J., California's electricity crisis: a market apart?, Energy Policy, 32, pp. 1045-1052, (2004)

[7]

Bye T., A Nordic energy market under stress, Economic Surveys, 4, pp. 26-37, (2003)

[8]

Congressional Budget Office, Causes and Lessons of the California Electricity Crisis, (2001)

[9]

Faruqui A., Chao H.P., Niemeyer V., Platt J., Stahlkopf K., Analyzing California's power crisis, The Energy Journal, 22, 4, pp. 29-52, (2001)

[10]

von der Fehr N.-H.M., Amundsen E.S., Bergman L., The Nordic market: signs of stress?, The Energy Journal, pp. 61-88, (2005)

← 1 2 →