On the Exploitation of Market Power in the Nordic Electricity Market. The Case of Elsam

Aarhus School of Economics & Management Working Paper No. 2004-5

26 Pages Posted: 30 Aug 2004

See all articles by Svend Hylleberg

Svend Hylleberg

Aarhus University - Department of Economics

Date Written: August 24, 2004

Abstract

In this paper, a test is made of whether the Danish electricity producer, Elsam, partly or fully exploits its temporary dominant position in hours of congestion at the Nordic electricity market. There seems to be evidences suggesting that Elsam is successful in pursuing its objective of having a price in Western Denmark close to the maximum price of the surrounding and connected areas.

Keywords: Electricity markets, objectives of the firm, exploitation

JEL Classification: L12, L21, L22, L94, C1

Suggested Citation

Hylleberg, Svend, On the Exploitation of Market Power in the Nordic Electricity Market. The Case of Elsam (August 24, 2004). Aarhus School of Economics & Management Working Paper No. 2004-5. Available at SSRN: https://ssrn.com/abstract=585401 or http://dx.doi.org/10.2139/ssrn.585401

Svend Hylleberg (Contact Author)

Aarhus University - Department of Economics ( email )

University Park
DK-8000 Aarhus C
Denmark
+45 8942 1133 (Phone)
+45 8613 6334 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
123
Abstract Views
1,129
rank
230,732
PlumX Metrics