Why did electricity prices fall in England and Wales? : market mechanism or market structure?

The objective of this paper is to measure the price impacts of the major regulatory interventions in the England & Wales wholesale electricity market from 1 April 1990 to 31 March 2002. More particularly, to establish whether falling prices during 1999-2002 were caused by the regulator (...

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Bibliographic Details
Main Author: Bower, J
Format: Working paper
Language:English
Published: Oxford Institute for Energy Studies 2002