The Impact of Behavioral and Structural Remedies on Electricity Prices: The Case of the England and Wales Electricity Market
During the liberalization process the UK regulatory authority introduced a behavioral remedy (through price-cap regulation) and structural remedy (through divestment series) in order to mitigate an exercise of market power and lower the influence of incumbent producers on wholesale electricity price...
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Format: | Article |
Language: | English |
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MDPI AG
2018-12-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/11/12/3420 |