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Competition in electricity distribution

โœ Scribed by Roxana Saplacan

Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
210 KB
Volume
16
Category
Article
ISSN
0957-1787

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โœฆ Synopsis

The traditional view of electricity distribution is that it is a natural monopoly. Few authors have explored the question as to whether electricity distributors truly are natural monopolies or not, while observation of the current industrial practice tends to suggest that a ''market'' for distribution activities does actually exist. This is a paradox for a natural monopoly. Our explanation is that monopoly characteristics well characterise the network infrastructure, but not the network operation service.

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