IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v142y2020ics0301421520302287.html
   My bibliography  Save this article

A tool proposal to detect operating anomalies in the Spanish wholesale electricity market

Author

Listed:
  • Román-Collado, Rocío
  • Cansino, José M.
  • Colinet, María J.
  • Dugo, Víctor

Abstract

The Spanish wholesale electricity market remains controversial due to the suspicion of there being collusive behaviour, as the main generation companies still share 55% of the wholesale market. Up to 2018, the Spanish National Competition Authority had to investigate all the complaints received, contributing to discouraging collusive behaviours in the electricity market but also employing a significant amount of resources. Since 2018, the ECN + Directive has given more independence to the National Competition Authorities of EU Member States and has allowed them to reject the complaints that are not considered a priority and choose the most relevant ones.

Suggested Citation

  • Román-Collado, Rocío & Cansino, José M. & Colinet, María J. & Dugo, Víctor, 2020. "A tool proposal to detect operating anomalies in the Spanish wholesale electricity market," Energy Policy, Elsevier, vol. 142(C).
    • Handle: RePEc:eee:enepol:v:142:y:2020:i:c:s0301421520302287
    DOI: 10.1016/j.enpol.2020.111478
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421520302287
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2020.111478?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ang, B. W., 2004. "Decomposition analysis for policymaking in energy:: which is the preferred method?," Energy Policy, Elsevier, vol. 32(9), pages 1131-1139, June.
    2. Fabra, Natalia & Toro, Juan, 2005. "Price wars and collusion in the Spanish electricity market," International Journal of Industrial Organization, Elsevier, vol. 23(3-4), pages 155-181, April.
    3. Ang, B.W. & Su, Bin & Wang, H., 2016. "A spatial–temporal decomposition approach to performance assessment in energy and emissions," Energy Economics, Elsevier, vol. 60(C), pages 112-121.
    4. Ciarreta, Aitor & Nasirov, Shahriyar & Silva, Carlos, 2016. "The development of market power in the Spanish power generation sector: Perspectives after market liberalization," Energy Policy, Elsevier, vol. 96(C), pages 700-710.
    5. Scharff, Richard & Amelin, Mikael, 2016. "Trading behaviour on the continuous intraday market Elbas," Energy Policy, Elsevier, vol. 88(C), pages 544-557.
    6. Ang, B.W., 1995. "Decomposition methodology in industrial energy demand analysis," Energy, Elsevier, vol. 20(11), pages 1081-1095.
    7. O'Mahoney, Amy & Denny, Eleanor, 2013. "Electricity prices and generator behaviour in gross pool electricity markets," Energy Policy, Elsevier, vol. 63(C), pages 628-637.
    8. Li, Hao & Zhao, Yuhuan & Qiao, Xiaoyong & Liu, Ya & Cao, Ye & Li, Yue & Wang, Song & Zhang, Zhonghua & Zhang, Yongfeng & Weng, Jianfeng, 2017. "Identifying the driving forces of national and regional CO2 emissions in China: Based on temporal and spatial decomposition analysis models," Energy Economics, Elsevier, vol. 68(C), pages 522-538.
    9. Ang, B.W. & Liu, F.L., 2001. "A new energy decomposition method: perfect in decomposition and consistent in aggregation," Energy, Elsevier, vol. 26(6), pages 537-548.
    10. Wang, Junfeng & He, Shutong & Qiu, Ye & Liu, Nan & Li, Yongjian & Dong, Zhanfeng, 2018. "Investigating driving forces of aggregate carbon intensity of electricity generation in China," Energy Policy, Elsevier, vol. 113(C), pages 249-257.
    11. Ang, B.W. & Goh, Tian, 2016. "Carbon intensity of electricity in ASEAN: Drivers, performance and outlook," Energy Policy, Elsevier, vol. 98(C), pages 170-179.
    12. Ang, B. W., 2005. "The LMDI approach to decomposition analysis: a practical guide," Energy Policy, Elsevier, vol. 33(7), pages 867-871, May.
    13. Cansino, José M. & Román, Rocío & Colinet, María J., 2018. "Two smart energy management models for the Spanish electricity system," Utilities Policy, Elsevier, vol. 50(C), pages 60-72.
    14. Moutinho, Victor & Moreira, António C. & Mota, Jorge, 2014. "Do regulatory mechanisms promote competition and mitigate market power? Evidence from Spanish electricity market," Energy Policy, Elsevier, vol. 68(C), pages 403-412.
    15. Ang, B.W. & Xu, X.Y. & Su, Bin, 2015. "Multi-country comparisons of energy performance: The index decomposition analysis approach," Energy Economics, Elsevier, vol. 47(C), pages 68-76.
    16. Marques, António Cardoso & Fuinhas, José Alberto & Neves, Sónia Almeida, 2018. "Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1226-1240.
    17. Ang, B.W. & Liu, Na, 2007. "Negative-value problems of the logarithmic mean Divisia index decomposition approach," Energy Policy, Elsevier, vol. 35(1), pages 739-742, January.
    18. Ciarreta, Aitor & Gutiérrez-Hita, Carlos & Nasirov, Shahriyar, 2011. "Renewable energy sources in the Spanish electricity market: Instruments and effects," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(5), pages 2510-2519, June.
    19. Liu, Nan & Ma, Zujun & Kang, Jidong, 2017. "A regional analysis of carbon intensities of electricity generation in China," Energy Economics, Elsevier, vol. 67(C), pages 268-277.
    20. Weber, Christoph, 2010. "Adequate intraday market design to enable the integration of wind energy into the European power systems," Energy Policy, Elsevier, vol. 38(7), pages 3155-3163, July.
    21. Hu, Jing & Harmsen, Robert & Crijns-Graus, Wina & Worrell, Ernst & van den Broek, Machteld, 2018. "Identifying barriers to large-scale integration of variable renewable electricity into the electricity market: A literature review of market design," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2181-2195.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Román-Collado, Rocío & Morales-Carrión, Any Viviana, 2018. "Towards a sustainable growth in Latin America: A multiregional spatial decomposition analysis of the driving forces behind CO2 emissions changes," Energy Policy, Elsevier, vol. 115(C), pages 273-280.
    2. Ang, B.W. & Goh, Tian, 2019. "Index decomposition analysis for comparing emission scenarios: Applications and challenges," Energy Economics, Elsevier, vol. 83(C), pages 74-87.
    3. Wang, H. & Ang, B.W. & Su, Bin, 2017. "Assessing drivers of economy-wide energy use and emissions: IDA versus SDA," Energy Policy, Elsevier, vol. 107(C), pages 585-599.
    4. Duran, Elisa & Aravena, Claudia & Aguilar, Renato, 2015. "Analysis and decomposition of energy consumption in the Chilean industry," Energy Policy, Elsevier, vol. 86(C), pages 552-561.
    5. Zhang, Chenjun & Wu, Yusi & Yu, Yu, 2020. "Spatial decomposition analysis of water intensity in China," Socio-Economic Planning Sciences, Elsevier, vol. 69(C).
    6. Fernández González, P. & Presno, M.J. & Landajo, M., 2015. "Regional and sectoral attribution to percentage changes in the European Divisia carbonization index," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1437-1452.
    7. Shiping Ma & Qianqian Liu & Wenzhong Zhang, 2022. "Examining the Effects of Installed Capacity Mix and Capacity Factor on Aggregate Carbon Intensity for Electricity Generation in China," IJERPH, MDPI, vol. 19(6), pages 1-17, March.
    8. Goh, Tian & Ang, B.W. & Xu, X.Y., 2018. "Quantifying drivers of CO2 emissions from electricity generation – Current practices and future extensions," Applied Energy, Elsevier, vol. 231(C), pages 1191-1204.
    9. Patiño, Lourdes Isabel & Alcántara, Vicent & Padilla, Emilio, 2021. "Driving forces of CO2 emissions and energy intensity in Colombia," Energy Policy, Elsevier, vol. 151(C).
    10. Wang, Yaxian & Zhao, Zhenli & Wang, Wenju & Streimikiene, Dalia & Balezentis, Tomas, 2023. "Interplay of multiple factors behind decarbonisation of thermal electricity generation: A novel decomposition model," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    11. Bingquan Liu & Yue Wang & Xuran Chang & Boyang Nie & Lingqi Meng & Yongqing Li, 2022. "Does Land Urbanization Affect the Catch-Up Effect of Carbon Emissions Reduction in China’s Logistics?," Land, MDPI, vol. 11(9), pages 1-18, September.
    12. de Freitas, Luciano Charlita & Kaneko, Shinji, 2011. "Decomposition of CO2 emissions change from energy consumption in Brazil: Challenges and policy implications," Energy Policy, Elsevier, vol. 39(3), pages 1495-1504, March.
    13. Román-Collado, Rocío & Colinet, María José, 2018. "Are labour productivity and residential living standards drivers of the energy consumption changes?," Energy Economics, Elsevier, vol. 74(C), pages 746-756.
    14. Xuankai Deng & Yanhua Yu & Yanfang Liu, 2015. "Effect of Construction Land Expansion on Energy-Related Carbon Emissions: Empirical Analysis of China and Its Provinces from 2001 to 2011," Energies, MDPI, vol. 8(6), pages 1-22, June.
    15. van Megen, Bram & Bürer, Meinrad & Patel, Martin K., 2019. "Comparing electricity consumption trends: A multilevel index decomposition analysis of the Genevan and Swiss economy," Energy Economics, Elsevier, vol. 83(C), pages 1-25.
    16. Chontanawat, Jaruwan & Wiboonchutikula, Paitoon & Buddhivanich, Atinat, 2014. "Decomposition analysis of the change of energy intensity of manufacturing industries in Thailand," Energy, Elsevier, vol. 77(C), pages 171-182.
    17. Shigetomi, Yosuke & Matsumoto, Ken'ichi & Ogawa, Yuki & Shiraki, Hiroto & Yamamoto, Yuki & Ochi, Yuki & Ehara, Tomoki, 2018. "Driving forces underlying sub-national carbon dioxide emissions within the household sector and implications for the Paris Agreement targets in Japan," Applied Energy, Elsevier, vol. 228(C), pages 2321-2332.
    18. Md. Afzal Hossain & Jean Engo & Songsheng Chen, 2021. "The main factors behind Cameroon’s CO2 emissions before, during and after the economic crisis of the 1980s," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(3), pages 4500-4520, March.
    19. Lin, Boqiang & Ouyang, Xiaoling, 2014. "Analysis of energy-related CO2 (carbon dioxide) emissions and reduction potential in the Chinese non-metallic mineral products industry," Energy, Elsevier, vol. 68(C), pages 688-697.
    20. Fernández González, P. & Landajo, M. & Presno, M.J., 2014. "Tracking European Union CO2 emissions through LMDI (logarithmic-mean Divisia index) decomposition. The activity revaluation approach," Energy, Elsevier, vol. 73(C), pages 741-750.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:142:y:2020:i:c:s0301421520302287. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.