Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7402379 | Energy Policy | 2014 | 10 Pages |
Abstract
Moreover, the market power and marginal costs have mixed effects according to the models proposed for both periods. In addition, our results point to the effectiveness of the different effects of mitigating the market power in the Spanish electricity market. For the 2006-2007 period, the proposed causal relationships are partially validated by the cointegration results, which assumes there is a significant causality between the Lerner Index and the marginal cost.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Victor Moutinho, António C. Moreira, Jorge Mota,