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

Hylleberg, Svend

doi:10.2139/ssrn.1147568

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

Univ. of Aarhus Economics Working Paper No. 2004-05

26 Pages Posted: 18 Jun 2008

See all articles by Svend Hylleberg

Svend Hylleberg

Aarhus University - Department of Economics and Business Economics

Date Written: May 28, 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 of dominant positions

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

Suggested Citation: Suggested Citation

Hylleberg, Svend, On the Exploitation of Market Power in the Nordic Electricity Markets - The Case of Elsam (May 28, 2004). Univ. of Aarhus Economics Working Paper No. 2004-05, Available at SSRN: https://ssrn.com/abstract=1147568 or http://dx.doi.org/10.2139/ssrn.1147568