Couverture de Indian Electricity Market
Titre du livre:

Indian Electricity Market

Analysis of Competition and Market Power in Wholesale Electricity Market in India

LAP LAMBERT Academic Publishing (05-06-2012 )

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ISBN-13:

978-3-659-13136-3

ISBN-10:
3659131369
EAN:
9783659131363
Langue du livre:
Anglais
texte du rabat:
As a part of electricity sector reforms in India, various initiatives have been taken to bring competition in the wholesale electricity market in India (WEMI). As electricity has characteristics of extremely variable price-inelastic demand, considerable short-run capacity constraints and unusually costly storage, firms with very small market shares may have significant market power. The wholesale electricity markets are more susceptible to exercise of market power due to large generation capacities normally owned by small number of firms and concentrated ownership in small geographic areas within the region. For measuring competition and market power in WEMI, concentration ratio, HH index, supply margin assessment, residual supply index and lerner index have been used. The prices of electricity trading through power exchange, UI and bilateral contracts have also been analysed to examine the possibility of exercise of market power in WEMI. The results of the study indicate possibility of existence of market power and its exercise to increase the electricity prices in WEMI. The study suggests various policy recommendations to increase the competition and curb market power in WEMI.
Maison d'édition:
LAP LAMBERT Academic Publishing
Site Web:
https://www.lap-publishing.com/
de (auteur) :
Umesh Kumar Shukla
Numéro de pages:
404
Publié le:
05-06-2012
Stock:
Disponible
Catégorie:
Économie
Prix:
79.00 €
Mots-clés:
India, Market power, Competition, concentration, Lerner Index, Wholesale Electricity Market, HHI, Supply Margin Assessment, Residual Supply Index, WEMI

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