Summary

The exercise of market power by generators can steal the benefits of a competitive market. Market power is a complex topic with mitigation measures possible in the market design, in related contract markets and in the dispatch timeframe. This study analyses the application of dispatch timeframe mitigation measures across 19 markets and draws conclusions about some inter-relationships which exist in market structure, industry structure and the regulatory framework.

Additional informations

Publication type Electra
Reference ELT_274_6
Publication year 2014
Publisher CIGRE
Study committees Electricity markets and regulation (C5)
Working groups WG C5.12
File size 491 KB
Pages number 3
Price for non member 20 €
Price for member Free
Generator Market Power Mitigation Measures in Electricity Markets Executive Summary
Generator Market Power Mitigation Measures in Electricity Markets Executive Summary