Allocative Efficiency towards Energy Transition: The Cases of Natural Gas and Electricity Markets

Allocative Efficiency towards Energy Transition: The Cases of Natural Gas and Electricity Markets

Conventional economic theory indicates that the free market contributes to allocative efficiency. However, specific energy markets present network industry characteristics which distance them from perfect competition. These markets, therefore, need effective regulation. The liberalizing reforms whic...

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Bibliographic Details
Main Authors: Amaro Olimpio Pereira, Rafael Cancella Morais, Bruno S. L. Cunha, Maria Bernadete Gomes Pereira Sarmiento Gutierrez, Mario Jorge Cardoso de Mendonça
Format: Article
Language:English
Published: MDPI AG 2023-01-01
Series:Energies
Subjects:
allocative efficiency
electricity
natural gas
energy transition
data envelopment analysis
Online Access:https://www.mdpi.com/1996-1073/16/2/796

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https://www.mdpi.com/1996-1073/16/2/796

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