Electricity industry restructuring revisited: the case of Korea
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hattori, Toru & Tsutsui, Miki, 2004. "Economic impact of regulatory reforms in the electricity supply industry: a panel data analysis for OECD countries," Energy Policy, Elsevier, vol. 32(6), pages 823-832, April.
- Gabriele, Alberto, 2004. "Policy alternatives in reforming energy utilities in developing countries," Energy Policy, Elsevier, vol. 32(11), pages 1319-1337, July.
- Woo, Chi-Keung & Lloyd, Debra & Tishler, Asher, 2003. "Electricity market reform failures: UK, Norway, Alberta and California," Energy Policy, Elsevier, vol. 31(11), pages 1103-1115, September.
- Severin Borenstein & James Bushnell, 1999.
"An Empirical Analysis of the Potential for Market Power in California’s Electricity Industry,"
Journal of Industrial Economics, Wiley Blackwell, vol. 47(3), pages 285-323, September.
- Severin Borenstein & James Bushnell, 1998. "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry," NBER Working Papers 6463, National Bureau of Economic Research, Inc.
- Catherine D. Wolfram, 1999. "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, American Economic Association, vol. 89(4), pages 805-826, September.
- Brennan, Donna & Melanie, Jane, 1998. "Market power in the Australian power market," Energy Economics, Elsevier, vol. 20(2), pages 121-133, April.
- Abbott, Malcolm, 2001. "Is the Security of Electricity Supply a Public Good?," The Electricity Journal, Elsevier, vol. 14(7), pages 31-33.
- Borenstein, Severin & Bushnell, James, 2000. "Electricity Restructuring: Deregulation or Reregulation?," Competition Policy Center, Working Paper Series qt22d2q3fn, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Tishler, Asher & Woo, Chi-Keung & Lloyd, Debra, 2002. "Reforming Israel's electricity sector," Energy Policy, Elsevier, vol. 30(4), pages 347-353, March.
- Green, Richard J & Newbery, David M, 1992.
"Competition in the British Electricity Spot Market,"
Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 929-953, October.
- Green, Richard & Newbery, David M G, 1991. "Competition in the British Electricity Spot Market," CEPR Discussion Papers 557, C.E.P.R. Discussion Papers.
- Chang, Hyun-Joon, 2003. "New horizons for Korean energy industry--shifting paradigms and challenges ahead," Energy Policy, Elsevier, vol. 31(11), pages 1073-1084, September.
- Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bae, Mungyu & Kim, Hwantae & Kim, Eugene & Chung, Albert Yongjoon & Kim, Hwangnam & Roh, Jae Hyung, 2014. "Toward electricity retail competition: Survey and case study on technical infrastructure for advanced electricity market system," Applied Energy, Elsevier, vol. 133(C), pages 252-273.
- Ngar-yin Mah, Daphne & van der Vleuten, Johannes Marinus & Chi-man Ip, Jasper & Ronald Hills, Peter, 2012. "Governing the transition of socio-technical systems: A case study of the development of smart grids in Korea," Energy Policy, Elsevier, vol. 45(C), pages 133-141.
- Park, Jung-Yeon & Ahn, Nam-Sung & Yoon, Yong-Beum & Koh, Kyung-Ho & Bunn, Derek W., 2007. "Investment incentives in the Korean electricity market," Energy Policy, Elsevier, vol. 35(11), pages 5819-5828, November.
- Jinho Shin & Jihwa Jung & Jaehaeng Heo & Junwoo Noh, 2022. "A Decision-Making Model for Optimized Energy Plans for Buildings Considering Peak Demand Charge—A South Korea Case Study," Energies, MDPI, vol. 15(15), pages 1-22, August.
- Cho, Youngsang & Lee, Jongsu & Kim, Tai-Yoo, 2007. "The impact of ICT investment and energy price on industrial electricity demand: Dynamic growth model approach," Energy Policy, Elsevier, vol. 35(9), pages 4730-4738, September.
- Erdogdu, Erkan, 2011.
"The impact of power market reforms on electricity price-cost margins and cross-subsidy levels: A cross country panel data analysis,"
Energy Policy, Elsevier, vol. 39(3), pages 1080-1092, March.
- Erdogdu, Erkan, 2010. "Electricity Market Reform: Lessons for developing countries," MPRA Paper 27317, University Library of Munich, Germany.
- Erdogdu, Erkan, 2011. "The impact of power market reforms on electricity price-cost margins and cross-subsidy levels: a cross country panel data analysis," MPRA Paper 28414, University Library of Munich, Germany.
- Oh, Dong-hyun & Lee, Yong-Gil, 2016. "Productivity decomposition and economies of scale of Korean fossil-fuel power generation companies: 2001–2012," Energy, Elsevier, vol. 100(C), pages 1-9.
- Heshmati, Almas & Kumbhakar, Subal C. & Sun, Kai, 2014.
"Estimation of productivity in Korean electric power plants: A semiparametric smooth coefficient model,"
Energy Economics, Elsevier, vol. 45(C), pages 491-500.
- Heshmati, Almas & Kumbhakar, Subal C. & Sun, Kai, 2013. "Estimation of Productivity in Korean Electric Power Plants: A Semiparametric Smooth Coefficient Model," IZA Discussion Papers 7277, Institute of Labor Economics (IZA).
- Heshmati, Almas, 2012. "Survey of Models on Demand, Customer Base-Line and Demand Response and Their Relationships in the Power Market," IZA Discussion Papers 6637, Institute of Labor Economics (IZA).
- Baek, Chulwoo & Jung, Euy-Young & Lee, Jeong-Dong, 2014. "Effects of regulation and economic environment on the electricity industry׳s competitiveness: A study based on OECD countries," Energy Policy, Elsevier, vol. 72(C), pages 120-128.
- Galetovic, Alexander & Muñoz, Cristián M., 2009. "Estimating deficit probabilities with price-responsive demand in contract-based electricity markets," Energy Policy, Elsevier, vol. 37(2), pages 560-569, February.
- Almas Heshmati, 2014. "Demand, Customer Base-Line And Demand Response In The Electricity Market: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 862-888, December.
- Erdogdu, Erkan, 2013. "Essays on Electricity Market Reforms: A Cross-Country Applied Approach," MPRA Paper 47139, University Library of Munich, Germany.
- Silvia Amato, 2016. "East Asia Industrial Conversion Activity: Outlook at Post-Disaster Crisis Assessments with Technology Integration and Competitive Assimilation Modes," China Economic Policy Review (CEPR), World Scientific Publishing Co. Pte. Ltd., vol. 5(01), pages 1-44, June.
- Bunn, Derek W. & Martoccia, Maria & Ochoa, Patricia & Kim, Haein & Ahn, Nam-Sung & Yoon, Yong-Beom, 2010. "Vertical integration and market power: A model-based analysis of restructuring in the Korean electricity market," Energy Policy, Elsevier, vol. 38(7), pages 3710-3716, July.
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.- Hattori, Toru & Tsutsui, Miki, 2004. "Economic impact of regulatory reforms in the electricity supply industry: a panel data analysis for OECD countries," Energy Policy, Elsevier, vol. 32(6), pages 823-832, April.
- Woo, C.K. & King, M. & Tishler, A. & Chow, L.C.H., 2006. "Costs of electricity deregulation," Energy, Elsevier, vol. 31(6), pages 747-768.
- Tishler, Asher & Milstein, Irena & Woo, Chi-Keung, 2008. "Capacity commitment and price volatility in a competitive electricity market," Energy Economics, Elsevier, vol. 30(4), pages 1625-1647, July.
- Tishler, A. & Newman, J. & Spekterman, I. & Woo, C.K., 2008. "Assessing the options for a competitive electricity market in Israel," Utilities Policy, Elsevier, vol. 16(1), pages 21-29, March.
- Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
- Varawala, Lamia & Hesamzadeh, Mohammad Reza & Dán, György & Bunn, Derek & Rosellón, Juan, 2023.
"A pricing mechanism to jointly mitigate market power and environmental externalities in electricity markets,"
Energy Economics, Elsevier, vol. 121(C).
- Lamia Varawala & Mohammad Reza Hesamzadeh & Gyorgy D'an & Derek Bunn & Juan Rosell'on, 2021. "A Pricing Mechanism to Jointly Mitigate Market Power and Environmental Externalities in Electricity Markets," Papers 2104.00578, arXiv.org, revised Apr 2023.
- Suarez, Carlos, 2022. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," Energy Economics, Elsevier, vol. 111(C).
- 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.
- Natalia Fabra & Juan Toro, 2001. "Price Wars and Collusion in the Spanish Electricity Market," Economic Working Papers at Centro de Estudios Andaluces E2001/05, Centro de Estudios Andaluces.
- Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
- Natalia Fabra & Juan Toro, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Industrial Organization 0212001, University Library of Munich, Germany, revised 26 Jan 2004.
- Tishler, A. & Woo, C.K., 2006. "Likely failure of electricity deregulation: Explanation with application to Israel," Energy, Elsevier, vol. 31(6), pages 845-856.
- Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
- Nicholas Shunda, 2005. "Strategic Behavior in Day-Ahead and Real-Time Markets for Electricity: Offer Cost or Payment Cost Minimization?," Working papers 2005-48, University of Connecticut, Department of Economics.
- Kenneth Hendricks & R. Preston Mcafee, 2010. "A Theory Of Bilateral Oligopoly," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 391-414, April.
- Erik Lundin, 2021.
"Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden,"
Journal of Industrial Economics, Wiley Blackwell, vol. 69(3), pages 485-536, September.
- Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
- Rubin, Ofir David, 2010. "Equilibrium pricing in electricity markets with wind power," ISU General Staff Papers 201001010800002361, Iowa State University, Department of Economics.
- Boffa, Federico & Pingali, Viswanath & Vannoni, Davide, 2010.
"Increasing market interconnection: An analysis of the Italian electricity spot market,"
International Journal of Industrial Organization, Elsevier, vol. 28(3), pages 311-322, May.
- Federico Boffa & Viswanath Pingali, 2008. "MIncreasing Market Interconnection: an analysis of the Italian Electricity Spot Market," Working Papers 17-2008, Macerata University, Department of Studies on Economic Development (DiSSE), revised Nov 2008.
- Federico Boffa & Viswanath Pingali & Davide Vannoni, 2009. "Increasing Market Interconnection: An analysis of the Italian Electricity Spot Market," Working papers 04, Former Department of Economics and Public Finance "G. Prato", University of Torino.
- Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005.
"A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems,"
Cambridge Working Papers in Economics
0504, Faculty of Economics, University of Cambridge.
- Paul Twomey & Richard Green & Karsten Neuhoff & David Newbery, 2005. "A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Working Papers 0502, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
- VÃtor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
- Carlos Suarez, 2021. "Private management and strategic bidding behavior in electricity markets: Evidence from Colombia," IREA Working Papers 202102, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
- Carlo Fezzi & Derek Bunn, 2010. "Structural Analysis of Electricity Demand and Supply Interactions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 827-856, December.
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:34:y:2006:i:10:p:1115-1126. 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.