Lessons Learned From Electricity Market Liberalization

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A review of the value of aggregators in electricity systems (2017, background): “Certain scholars have argued that this vertical integration decreases incentives to exercise market power in wholesale electricity markets [16]; however, other scholars have noted that this vertical integration creates barriers to entry for retailers, reducing competition [17].”
Carbon Lock-Out: Advancing Renewable Energy Policy in Europe (2012, background): “Finally, barriers to RES-E deployment may also result from the sluggish liberalisation of the EU electricity market [59].”
Electricity markets around the world (2018, background): “Joskow (2008) describes detailed the deregulation process and a so called ’text book case’ for deregulation.”
Power TAC: A competitive economic simulation of the smart grid (2013, background): “Electricity markets are undergoing a transition from regulated monopolies to decentralized markets (Joskow, 2008), but so far the retail “aggregators” or “brokers” in these markets are almost entirely limited to purchasing power in the wholesale markets and delivering it to their customers; they…”