Why Did British Electricity Prices Fall after 1998

By Joanne Evans, Richard Green. 2003

113 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Electrical and Electronic Engineering

View Paper: https://www.semanticscholar.org/paper/e758cff46ac5d2b616a60bc114bd1a86edf5544f

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Citations in the corpus

A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems (2005, background): “More recent studies include Short and Swan (2002), Fabra and Toro (2003) and Evans and Green (2003), where the authors not only try to demonstrate the existence of market power but also attempt to explain the variations in the Lerner Index with reference to structural and other factors.”
Market Power in the England and Wales Wholesale Electricity Market 1995-2000 (2004, unknown): “Inflexible units cannot set the SMP. 9 Evans and Green (2003) and Burns et al. (2004) estimate the Lerner index for 1996 to 2001 and find a very similar pattern from 1996 to 2000, with the index peaking in 1998/99.”
Discriminatory Versus Uniform-Price Electricity Auctions with Supply Function Equilibrium (2009, background): “Evans and Green [12] report that after shifting the auction format to discriminatory pricing wholesale electricity prices”
Electricity liberalisation in Britain: The quest for a satisfactory wholesale market design (2005, background): “Evans and Green (2003) confirmed this finding for Bower’s specification, but raised the question whether the announced end of the Pool would unravel the collusive equilibrium by backward induction for the point at which the Pool (and transparent pricing) would end.”
Evaluating the evidence on electricity reform: Lessons for the South East Europe (SEE) market (2009, background): “…undertaken with some doubt being cast on the cost effectiveness of full retail competition due to the high IT costs (Green and McDaniel, 1998) and the introduction of new wholesale market trading arrangements (Evans and Green, 2003), both of which were overseen by Ofgem (or its predecessor Offer).”
Lessons Learned From Electricity Market Liberalization (2008, background): “…dramatically and there is a lively debate about whether it was the reduction in seller concentration or the introduction of the New Electricity Trading Arrange-ments (NETA) to replace the Pool that is the cause of the reduction in market power observed in the last few years (Evans and Green 2005).”