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From Public Service to Market Competition: Norwegian Utilities’ Adaptation to Market Reform

In: Electricity Market Reform in Norway

Author

Listed:
  • Atle Midttun

Abstract

The competitive public ownership mode of liberalisation that characterises the Norwegian model has left Norwegian utilities with rather complex premises in their adaptation to market reform. Faced with market demands for efficiency and competitive prices, yet with political stakeholders still in an ownership position, many utilities have experienced strong tensions between commercial and political forces. These tensions have not been lessened by the fact that the electricity market is one of the most volatile commodity markets — especially in the Norwegian-Swedish pool, so vulnerable to precipitation variations in a hydro-based system.

Suggested Citation

  • Atle Midttun, 2000. "From Public Service to Market Competition: Norwegian Utilities’ Adaptation to Market Reform," Palgrave Macmillan Books, in: Eivind Magnus & Atle Midttun (ed.), Electricity Market Reform in Norway, chapter 2, pages 27-51, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98274-7_2
    DOI: 10.1057/9780333982747_2
    as

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