Managing Unilateral Market Power in Electricity
Download or Read eBook Managing Unilateral Market Power in Electricity PDF written by Frank A. Wolak and published by World Bank Publications. This book was released on 2005 with total page 27 pages. Available in PDF, EPUB and Kindle.
Author | : Frank A. Wolak |
Publisher | : World Bank Publications |
Total Pages | : 27 |
Release | : 2005 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Managing Unilateral Market Power in Electricity by : Frank A. Wolak
Book excerpt: "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 delivery make a reliable transmission network a necessary condition for an efficient wholesale market. These features of the electricity supply industry also make antitrust or competition law alone an inadequate foundation for an electricity market monitoring process.