The Analytical Approach to Measuring Horizontal Market Power in Electric Utility Markets: A Historical Perspective

作者: Walter Surratt

DOI: 10.1016/S1040-6190(98)00058-X

关键词: Market saturationMarket analysisElectric utilityEconomicsFactor marketHorizontal marketMarket powerMicroeconomicsMarket microstructureIndustrial organizationNonmarket forces

摘要: Abstract Market power remains an important issue in electricity markets. FERC has taken steps to clarify the process it uses analyzing market merger, market-pricing, and ISO settings. Further change may be expected, although policy goals remain same: ensuring that consumer interests are protected competition thrive.

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