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Benchmarking Electricity Liberalisation in Europe

By Richard J. Green, Arturo Lorenzoni, Yannick Perez and Michael G. Pollitt

Abstract

In this paper, we discuss the choice and use of benchmarks in each of five areas relevant to an assessment of the progress of EU electricity sector liberalisation. These areas are market design, market power, EU enlargement, regulation, and sustainability. Our aim is to discuss the most important benchmarks for each area, and to do so in the context of that area. Where a benchmark can be used as a signal that things are going well (or badly) we will discuss the values associated with a good (or bad) signal. This paper forms part of the final report of the EU funded Sustainable Energy Specific Support Assessment project (SESSA, see www.sessa.eu.com)

Topics: electricity reform, market design, market power, regulation, EU enlargement, environmental sustainability
Publisher: Faculty of Economics
Year: 2006
OAI identifier: oai:www.repository.cam.ac.uk:1810/131686
Provided by: Apollo

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