This paper examines the redesign of the Irish Single Electricity Market in order to comply with the European Target … Model for electricity. In particular, this work focuses on the challenges raised by the high concentration in the generation … sector which exists in the Irish electricity market. We examine the theoretical and empirical conditions under which forward …

What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … underlined with lessons from (European) electricity and railways. …

The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by … elasticity of power demand) the VAT on electricity. …