Now showing items 1-2 of 2
Pricing Decisions and Market Power in the UK Electricity Market: A VECM Approach
This paper examines the influence of market power in the formation of retail and wholesale electricity prices in the UK over 1998–2012 on the basis of Vector Error Correction model (VECM). Market power is measured as the ...
A waste of energy? A critical assessment of the investigation of the UK Energy Market by the Competition and Markets Authority
In this paper, we assess the findings of the UK energy market investigation by the Competition and Markets Authority, conducted during June 2014–June 2016.We argue that the results of the investigation have been advantageous ...